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.


TREVOR'S DAILY CRYPTO POLLS - May 1st, 2021

2 May 2021 1 minute read 0 comments TrevorBalthrop

Hello out there in the world of Crypto! My name is Trevor and today we have another fun-filled day of Daily Crypto Polls!The goal for doing Polls like this is to gather more insight into SA or the "Sentimental Analysis" behind the markets.Hopefully,...

Bitrue Interest

1 May 2021 1 minute read 0 comments APYCHASERS.CRYPTO

  Bitrue is another great place to stash your crypto while you decide what you want to do with it. Earn in the token you invested in. Rather than me buying XRP why not acquire more over time especially when I bought in at $0.22 usd, I can't afford t...

Is day trading a really good way to make money?

30 Apr 2021 1 minute read 0 comments Urban Masters (Crypto)

Since cryptos go mainstream, a lot of people think that day trading is the way to make money right now. They usually think that the volatility of the market could help them to get a second source of income, by buying low and selling high. The thing i...

30 April 2021 (FRI)- Ripple (XRP) Daily Risk Report

30 Apr 2021 5 minute read 0 comments quantdoge

Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...

New Enterent to Blockchain Cross-Border Payment Platform

30 Apr 2021 1 minute read 0 comments Cje95

Blockchain has an extremely bright future for being an instantaneous frictionless cross-border payment system. The first large player in this field was Ripple Labs and while they had been making huge strides like their partnership with Moneygram once...

How to spot crypto scams?

29 Apr 2021 2 minute read 2 comments Urban Masters (Crypto)

Scams are omnipresent in the cryptosphere since the early age, from the fake ICO to the fake exchange. Scammers never miss a chance to steal your capital. Today, I'm going to show you some basic scams and tell you how to avoid them.   Pump and Dump ...

The Crypto Round-Up: April 28th, 2021

29 Apr 2021 1 minute read 0 comments coinpass Global

  Last week of April's crypto update! Ripple is making some noise in the headlines with their Bitcoin mining proposal and their Former CTO's XRP dump. Another is Facebook's comeback in their digital currency Diem,  which is about to launch its pilot...

Jeremy Kauffman on Odysee, Censorship, and the SEC

28 Apr 2021 1 minute read 0 comments Faybomb

LBRY's CEO and co-Founder Jeremy Kauffman joined The Trend is Your Friend and weighed in on Odysee, Google, disruption, key metrics for startups, and of course, LBRY's lawsuit against the SEC. First though, some of my thoughts on CryptoPunk DAOs, mil...

Ripple (XRP) Price Prediction and Analysis in May 2021

28 Apr 2021 1 minute read 0 comments BLOCKCHAIN BRAIN

Hi, there... Tony P. on Coindoo portal wrote amazing article explaining how XRP's price should move in May this year saying that; According to Longforecast‘s XRP price prediction, it will open May at $0.98 and close at $0.82, leading to a change for...

Ripple $XRP Technical Analysis 28 Apr 2021

28 Apr 2021 1 minute read 0 comments Mandrakata

Technical Analysis https://www.tradingview.com/x/KoWYg00R/ Price dynamics have to breakthrough actual $1.47 resistance to confirm a bullish trend (50% FIB retracement standard key level as up/down switch). Anyway the MA pattern is in uptrend and the...