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 Surges to Five-Month High as Some Point to Bitcoin Commodities Mention

The U.S. Securities and Exchange Commission (SEC) accuses XRP of being an unregistered security in a court case that’s expected to be completed soon.

By Shaurya MalwaMar 28, 2023

Markets

XRP Token Surges on Positive Outlook in Ripple vs. SEC Case

The token's price has jumped 20% in the past 24 hours as Ripple defendants heralded a positive view in their case with the U.S. Securities and Exchange Commission.

By Shaurya MalwaMar 22, 2023

Tech

XRP Ledger Proposes Cross-Chain Bridge to Increase Network and Token Utility

The proposal defines how funds are locked on one chain and wrapped on another chain to ensure the movement of tokens between XRP Ledger and associated sidechains.

By Shaurya MalwaFeb 23, 2023

Multichain is building bridges for shuttling crypto across networks. (Modestas Urbonas/Unsplash)

Videos

Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop

Bankrupt crypto lender Celsius Network secured approval to process certain customer withdrawals, several court orders filed on Tuesday show. The U.S. bankruptcy court also authorized eligible XRP holders to receive Flare tokens due under a prior agreement.

Jan 25, 2023

Finance

Crypto Lender Celsius Wins Court Approval for Customer Withdrawals, Flare Token Airdrop

The U.S. bankruptcy court authorized eligible XRP holders to receive the Flare tokens due under a prior agreement.

By Sandali HandagamaJan 25, 2023

Celsius thermometer (Unsplash/Modified by CoinDesk)

Markets

Titulares de XRP reciben tokens flare después de dos años y el precio de FLR cae en picada

El airdrop era muy esperado por la comunidad de XRP, ya que el proyecto tiene como objetivo convertirse en un protocolo de contrato inteligente que utiliza XRP Ledger.

By Shaurya MalwaJan 10, 2023

El lunes fueron distribuidos tokens flare a determinados usuarios de XRP. (Chris Briggs/Unsplash)

Markets

Flare Tokens Airdropped to XRP Holders After 2 Years, FLR Price Plummets

The airdrop was long awaited by the XRP community, with the project aiming to become a smart contract protocol that uses the XRP Ledger.

By Shaurya MalwaJan 10, 2023

Videos

Crypto Market Very Top-Down Oriented Right Now: Analyst

Fairlead Strategies Founder and Managing Partner Katie Stockton dives into the weekly XRP chart and explains why the market is very top-down oriented at the moment. Plus, her predictions on the initial support level for bitcoin (BTC) at $15,600.

Jan 5, 2023

Opinion