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.

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: 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

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...

Analysis of prices BTC, ETH, XRP (09.06.20)

9 Jun 2020 1 minute read 0 comments InsanisFox

BTC/USD Yesterday, during the day, trading volumes were at an average level and the price of bitcoin continued to move in a narrow lateral range with resistance at around 9800.00 USD. Late at night, buyers managed to increase volumes, and the price...

Ripple Moves 124.5 Million XRP While Trade Moves 92.6 Million XRP

9 Jun 2020 1 minute read 0 comments PassionCryptodotcom

Whale Alert Monitor XRPL and have reported that Ripple moved nearly 125 mln XRP . 100 mln thereof have been transferred from the storage vault escrow Ripple Two big cryptographic transaction bots on Twitter - Whale Alert and XRPL Monitor -   have rep...

New Japanese Payment Service: Ripple Offers The Most Cost-Effective Solution

9 Jun 2020 2 minute read 0 comments PassionCryptodotcom

The Japanese Ministry of the Interior and Communication has introduced a new cashless payment system, which is based, among other things, on MoneyTap, piloted by Ripple. In direct comparison to the competition, Ripple offers the cheapest transaction...

XRP SHORT Term Price Prediction

9 Jun 2020 1 minute read 0 comments skyislimit

Let's look at what is going on at XRP recently. Volume is very low and sideways movement is going on for a while, it is not weak but it is not going up.for a while longer it will keep sideways and need a big push to move higher. XRP /US Dollar Daily...

A Long Distance Call ! - Repeating, Mysterious Intergalactic Radio Bursts ?

9 Jun 2020 2 minute read 2 comments CryptoUser

  Astronomers have detected an “activity cycle” behind massive radio pulses emanating from a galaxy billions of light years away, shedding light on one of the great cosmic mysteries, which some suggest could be a sign of alien life. Known as fast rad...