Ripple (XRP) News, Price Predictions, Opinions and Analyses Created by Users

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.


Analysis of prices BTC, ETH, XRP (10.06.20)

10 Jun 2020 1 minute read 0 comments InsanisFox

BTC/USD Yesterday, trading took place at medium volumes. In the morning, the pair pierced the support of the two-hour EMA55, but in the afternoon was able to recover above the average price level and in the evening tested the resistance of 9800.00 U...

Ripple On Track To Set Up New ODL Corridors This Year

10 Jun 2020 1 minute read 0 comments PassionCryptodotcom

Ripple is working on opening new ODL corridors now that the world needs cash more than ever before to go digital, including access to its shipment. On his official website, Ripple published an article by the Senior Vice President of Product and Busin...

DAILY CRYPTO NEWS AND MARKET RECAP On 10th June 2020

10 Jun 2020 1 minute read 0 comments Creativeboy

Coin news   Deutsche Borse Exchange to List New Bitcoin Exchange-Traded Product! by coindesk.comA London-based investment firm is listing a centrally cleared bitcoin exchange-traded product on Deutsche Borse’s Xetra in Germany.... Market Wrap: DeFi I...

Peter Brandt calls XRP “manipulative scam”

9 Jun 2020 1 minute read 0 comments Artur89

Peter Brandt, the legendary trader and tech analyst, has remained true to the negative outlook for Ripple's XRP token prospects. In response to the sarcasm of one of the followers, he called for calm, adding words about the “manipulated scam”.   Thi...

Ripple Expanding Global Payments Infrastructure across Asia. Innovative FinTech Firms Joining RippleNet to Digitise Global Cross-Border Payments

9 Jun 2020 2 minute read 2 comments Digital_Nostradamus

Blockchain tech-giant Ripple is continuing its penetration across Asian markets partnering with payment service providers in Thailand, Malaysia, and South Korea. Innovative Fintech companies such as CoinOne, Azimo, MoneyMatch, and Sentbe are utilisin...

800 million XRP moves in four major transactions, while bears threaten positive moves

9 Jun 2020 1 minute read 0 comments CokeAlien

Bulls are struggling to keep bears in check as they seek consolidation above Monday's gains The XRP / USD remains lethargic, despite the bulls' attempts to maintain some momentum in Tuesday morning's trades. After opening the last session at $ 0.203,...

Bitcoin Volume reached to all time High in Egypt as the Nation continues to thrive global pandemic

9 Jun 2020 1 minute read 0 comments BitcoinNews.Today

The COVID-19 pandemic has left an unextended effect on economic growth worldwide. The Egyptian economy has seen its lowest growth in the third quarter of the current year 2019-2020. ALSO READ: Increasing ETH Holding indicate investors are getting rea...

Episode 71: Lets Talk Stablecoins, Bitcoin, and XRP Interview with Diana Barrero Zalles

9 Jun 2020 1 minute read 0 comments NewCreationCapital

Audio:   Video:     Join The New Creation Cronies Telegram Group In Episode 71: I sit down with Diana Barrero Zalles and talk about stablecoins, bitcoin and XRP.  This is our Story of the Day Helpful Links: https://minepi.com/NewCreationCapital Bit...

Increasing ETH Holding indicate investors are getting ready for staking prior to ETH2.0

9 Jun 2020 1 minute read 0 comments BitcoinNews.Today

Increasing ETH Holding indicate investors are getting ready for staking prior to ETH2.0 The upcoming update of the crypto-coin Ethereum called ETH 2.0 is a new gateway for technologists to make dApp development and usage more secure, better, and have...

Buying Coca-Cola with Bitcoin is now possible in Australia and New Zealand

9 Jun 2020 1 minute read 1 comment NewsBitcoin247.com

The leading digital asset Bitcoin (BTC) is now going to enter into the physical world as BTC now can be used to buy the famous soft drink Coca-Cola. As per a press release published on June 8, a partnership agreement has been forged between a crypto...