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.


4 Cryptocurrencies to Look Out For in the Second Half of 2021

11 Jun 2021 1 minute read 0 comments harshitahuja

Disclaimer - This is not a piece of financial advice. I am not a trained professional, just a keen observer of cryptocurrencies. Bitcoin In the first quarter, Elon Musk owned Tesla bought $1.5 billion worth of Bitcoins and began accepting payments in...

Finding your Individuality

10 Jun 2021 1 minute read 0 comments CulinaryJedi

As a teacher, one thing I'm constantly teaching my students is to find their "own" individuality in this life. This is important in finding your true happiness and what you want in this life. It's the coolest thing to watch them as they grow in our C...

Xrp the standard. There is no elevator for success. We all take the stairs.

4 Jun 2021 2 minute read 0 comments derbycuzxrp

RETESTING THE SUPPORT It has been a long couple of hours these past couple of days. The Crypto markets have been dropping massively across-the-board . There have been a couple of coins performing  positively for the  day. But the majority of the coin...

THE MOST EXCITING TIME FOR XRP AND CRYPTO BTC FALLING AD ALT SEASON KICKS OFF THE FUTURE IS NOW

3 Jun 2021 4 minute read 0 comments derbycuzxrp

BTC LOOSING GROUND AS RIPPLE  SHOWS NO SIGNS OF STOPING SOON.  If you where able to travel back in time to the BTC launch . Knowing the top price BTC will reach in 2021 would be the biggest driving force  behind you sourcing a nice sizeable amount of...

Know Your Community: XRP Jungleland

1 Jun 2021 1 minute read 0 comments Noob Combo

Type “Shane Ellis theory” into Google and one can be reminded of the reality of the world we live in. Dave Chappell’s if the internet was real sketch pops into memory as what the internet has become seems almost bizarre by even those standards. In t...

The Market is All Bears

29 May 2021 4 minute read 21 comments Thomas Wolf

So, what the hell happened while I was on hiatus, anyway? “The measure of intelligence is the ability to change.” ― Albert Einstein Elon Musk is no more an investment advisor than myself; this much should be beyond evident now.  China’s loss; all the...

Flare Finance: Hype or Hidden Gem

28 May 2021 1 minute read 0 comments Noob Combo

Defi Summer is a believable narrative as we all look for a post covid economic boom. Could Flare Finance’s be the kick-off? Thankfully, @DogeCoinMilitia’s Twitter space just hours ago provided clarification from the founder himself. ”An ecosystem is...

Ripple $XRP Technical Analysis 26 May 2021

26 May 2021 1 minute read 0 comments Mandrakata

Technical Analysis On the evil wednesday 9 May the prices breakdown two MA levels, and the movement ended only on the long 200-MA.We are now still in uptrend channel for the mid-term, anyway the price need to close up the important 50% Fib retraceme...

XRP Lawsuit Firmly Underway. Will the Project Survive? Does It Even Matter?!

25 May 2021 8 minute read 0 comments Michael @ CryptoEQ

Overview It is important to state that XRP and Ripple (AKA Ripple Labs, Inc.) are not the same things, although they are consistently and erroneously used interchangeably. The Ripple network is a protocol to provide liquidity to global markets f...

What is Ripple (XRP)?

21 May 2021 24 minute read 0 comments cypress101

  Ripple is a real-time gross settlement system (RTGS), currency exchange, and remittance network. Ripple’s global go-to ledger uses tokens known as XRP to provide faster and cheaper international payments. It is an open-source distributed financial...