Ripple (XRP)

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Ripple Labs created the Ripple network and the XRP token in 2012 with the purpose of making cheaper, faster cross-border payments. Ripple was thought of by Jed McCaleb (founder of the Stellar Foundation), Arthur Britto and David Schwartz, and developed from an earlier idea called OpenCoin. 

Ripple’s specific purpose as a settlement system has seen it form multiple partnerships with banks, forming a network that has since been termed as “RippleNet”. Ripple’s extensive collaboration with banks - including cross-border pilot programs - has won favor with financial institutions in several continents, and executives from the company have been known to discuss the implementation of decentralized financial systems with high-level financial industry insiders, like the IMF’s Christine Lagarde. 

Ripple also has close ties to SBI Financial Holdings, a Japanese financial giant that is keen on leveraging the token to improve financial services in Asia. President Yoshitaka Kitao has joined the Ripple Board of Directors. This, along with the extensive efforts to help banks test cross-border payments using Ripple’s technology, has emboldened investors, who believe that Ripple will act as something of a bridge between traditional banking systems and new technologically-empowered systems. 

Ripple’s quicker settlement times compared to Bitcoin (transactions take a few seconds to get validated) and its lack of energy-intensive mining has led some people to say that it is a better means of exchange than Bitcoin itself. Having said this, Ripple is still primarily focused on becoming a new form of SWIFT, one that can assist existing banks and its customers speed up international payments.

In this tag, read Ripple (XRP) news, price predictions, opinions and analyses created by users.


Top 5 Tokens to Buy NOW

12 Jul 2024 1 minute read 8 comments ChangeNOW

Top 5 Hype Tokens of This Week on ChangeNOW The cryptocurrency market is buzzing with excitement, and this week, five tokens are taking the spotlight: $FTN, $ZRO, $ZK, $XRP, and $DOGE. Let’s dive into what makes these tokens stand out. 1. $FTN (FastT...

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7 Jul 2024 2 minute read 0 comments Behiver

Market is quite volatile these days and the main crypto prices moved quite a bit from their previous all time highs. Should we be scared, should we run, should we sell everything and get out of the crypto space? Well, if you are weak-kneed and your p...

If XRP wins over SEC, will it go to 1$ mark!

8 Jul 2024 2 minute read 0 comments HiRaj

Dear Readers,  There is no further improvement in the global crypto market. At the time of writing this article, the global crypto market is valued at $ 2.02 Trillion another 5% down in the 24 hours. The crypto market leaders BTC is trading at $ 5500...

Weekly Crypto Analysis: BTC, ETH, SOL, XRP, ADA & DOGE

9 hours ago 1 minute read 1 comment Dex-Trade

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How Likely is it that Ripple will have its ETF?

13 Jul 2024 2 minute read 1 comment Talha.Khalid

Mathew Sigel, head of Digital Asset Research at VanEck, revealed the reasons why he believes it is “unlikely” to issue an exchange-traded fund (ETF) based on XRP, the cryptocurrency issued by the company Ripple.    To support his opinion, the directo...

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8 Jul 2024 1 minute read 0 comments Dex-Trade

Overview The cryptocurrency market showed mixed performances during the first week of July 2024. The market was influenced by various global events and internal developments within the crypto space. This analysis will cover the key price movements an...

Top Crypto Presale: BlockDAG's Remarkable $16.6M Presale Performance Draws Interest from XRP and Chainlink Investors

13 Apr 2024 1 minute read 1 comment Raghav Sawhney

The digital currency ecosystem is abuzz as BlockDAG's presale phases, particularly Batch 6, sell out quickly, capturing the attention of investors from the XRP community. In parallel, Chainlink (LINK) is experiencing pivotal moments as it strives to...

09 Apr: Buy the Rumor, Sell the News?

9 Apr 2024 2 minute read 0 comments TheCryptoCurator

"Tact is the ability to describe others as they see themselves." –Abraham Lincoln Powered by Wubits - don't pay to "Xweet," get paid to engage.  READ Happy Tuesday Folks! Bitcoin is trading down at $70,380 down from $72,318 yesterday but up from $66,...

Ӿ Nano (XNO) vs XRP: A Detailed Analysis

19 Jun 2024 9 minute read 2 comments NanoWatchman

Nanocurrency, also known as simply Nano (international currency symbol Ӿ) (ticker code XNO) , is a cryptocurrency that stands out due to its fast, feeless transactions and inflationless nature. Nano is often compared to XRP, another popular cryptocu...

Weekly Crypto Analysis: Key Insights on Bitcoin, Ethereum, Solana, and More (10/06/24 - 16/06/24)

17 Jun 2024 1 minute read 1 comment Dex-Trade

Overview The cryptocurrency market has experienced notable fluctuations this past week, influenced by various macroeconomic factors and significant developments within the crypto space. This analysis covers the performance of major cryptocurrencies,...