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.

Will XRP recover from here?

3 weeks ago 1 minute read EliteElliott $0.09 tipped

As previously mentioned:   When XRP broke the Trend line and fell below the 50 EMA the chances of a Bearish playout have significantly increased. The Confirmation came in when the Price re-test...

Crypto Market Analysis: Top Crypto/USD Pairs of the Week

3 weeks ago 3 minute read Richard M Adrian $0.74 tipped

Fundamentals in the cryptocurrency market have been improving. Over the past few months, the market has experienced both critical upsides and downsides. Hyped opposition towards projects like Libra, Bitcoin ETF funds and Futures platform like Bakkt;...

What is Ripple (XRP)? [A Comprehensive Guide to Understanding XRP]

3 weeks ago 9 minute read Mr.CryptoWiki $6.53 tipped

Ripple and its token XRP, like Bitcoin and Ethereum and a few other tokens in the top 20, stand out in a market where every 3rd token appears to be a pale imitation of some token or other - whether it is a cross-border banking-focused token, a means...

Ripple (XRP) has completed shark pattern and entered in potential reversal zone for upto 77% bullish move

3 weeks ago 1 minute read moon333 $0.39 tipped

About RIPPLE or XRP: Ripple or XRP is a digital asset having indecency that is native to Ripple Consensus Ledger.XRP is called as most fastest settlement system for financial institutions and liquidity providers looking for accessibility, global reac...

Who Really Invested and Founded Ripple? - Behind The Curtains

3 weeks ago 6 minute read XRP_Gato $6.44 tipped

Ripple’s origins is an interesting and storied one, as tends to be the case with most major cryptocurrency projects. Jed McCaleb, an extremely prominent figure in the crypto industry, originally conceived of the idea of a cryptocurrency that establis...

~115,000 People Can't Be Wrong

4 weeks ago 1 minute read Crypto Pappy $0.24 tipped

Yes, I'm talking about RollerCoin again! It just keeps getting better and better.I joined 5 months ago when there were just about 10,000 people. Now we're up to ~15,000 users.This retro-gaming Bitcoin Mining game PROJECT has been doing so well they'r...

XRP at the Crossroad

4 weeks ago 1 minute read EliteElliott $0.15 tipped

XRP was able to maintain upward momentum throughout the last few weeks, but that might change soon. -On the 4Hour chart, we can see the Uptrend, yellow line -The price is also Supported by the 50Day EMA as XRP is trading above it These factors have b...

XRP 's coming back: Don't underestimate XRP!

4 weeks ago 1 minute read cryptovato1 $0.70 tipped

In the last weeks, most of us have been truly obsessed what Bitcoin has been doing. Now Bitcoin plays around 8,000 USD levels, and most of us really don’t know where it goes for sure in the next week, although most of us are 100% sure that there will...

Ripples sell go down in Quarter three

4 weeks ago 1 minute read CryptoArgha $0.19 tipped

Worlds third largest crypto currency and blockchain based payment firm ripple sale has dropped 73 % in Quarter 3   The payment coin ripple total sale has droppee 73% in quater than previous quarter  According to a old announcement this year ripple an...

XRP Markets Report (Q3 2019) by Ripple

4 weeks ago 1 minute read Yasin $0.12 tipped

Ripple, one of the largest companies in the cryptocurrency world, has released a new report on the third quarter of the year. According to the company's data, the total value of the cryptocurrency market fell by 30% in the third quarter compared to t...