XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

XRP Price Raises Bull Flag as $5 Call Options Heat Up: Godbole

XRP's price pattern is teasing a major bullish pattern alongside increased activity in the $5 strike call options on Deribit

By Omkar GodboleDec 11, 2024

Markets

XRP Rallies 10% as Ripple's Stablecoin Gets Regulatory Approval, CEO Garlinghouse Says

The approval is a necessary step towards the public launch of the RLUSD token, which is currently in test mode on Ethereum and XRP Ledger.

By Krisztian SandorDec 10, 2024

Brad Garlinghouse, CEO of Ripple, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Markets

Gauging Bitcoin, XRP Resistance Levels After Record Price Rallies

As cryptocurrencies enter price-discovery mode, options market activity can help traders identify potential resistance levels.

By Omkar GodboleDec 9, 2024

Distribution of open interest in BTC options on Deribit. (Deribit Metrics)

Finance

Corporate Bitcoin Treasuries Are All the Rage. Now XRP?

Worksport, a Nasdaq-listed manufacturer of covers for pickup trucks, has decided to not only buy bitcoin for its corporate treasury, but also Ripple's XRP.

By Helene BraunDec 5, 2024

Markets

XRP Account Fees Fall by 90% After XRPL Validator Vote

Account Reserve has shifted to 1 XRP from 10 XRP, and creation fees for trustlines or objects is down to 0.2 XRP from 2 XRP.

By Shaurya MalwaDec 4, 2024

Markets

Move Over XRP's Korea Narrative, The 400% Price Rally Has Support of Coinbase Whales

While Korean investors have contributed to XRP's impressive 30-day price surge of over 400% to $2.60, they're not the only game in town.

By Omkar GodboleDec 4, 2024

Markets

XRP Records Highest Ever ‘Whale’ Activity as 7-Day Price Gains Near 100%

Whales can move markets with their buying or selling pressure, and tracking this can indicate their market sentiment.

By Shaurya MalwaDec 3, 2024

ETH whale go bargain hunting. (Pexels/Pixabay)

Videos

XRP Surges 380% in One Month, Flipping Tether to Become Third Largest Crypto

XRP, the payments-focused cryptocurrency, has skyrocketed over 380% in the last 30 days. This comes as bitcoin struggles to cross $100,000 amid faltering bitcoin dominance. CoinDesk's Christine Lee presents the "Chart of the Day."

Dec 2, 2024