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.

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Bitcoin Tumbles Most Since May and El Salvador Buys the Dip

Price drop triggers about $3 billion of liquidations of trading positions due to margin calls.

Автор Bradley Keoun7 сент. 2021 г.

Chart of the bitcoin price over the past week shows the impact of Tuesday's wipeout. (CoinDesk)

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Why Are Altcoins Outperforming Bitcoin?

CoinDesk’s Galen Moore discusses his crypto markets analysis and outlook in response to a chart illustrating altcoins outperforming bitcoin in August. “When you see a chart like this with Cardano and XRP in the top three, that is certainly an indicator of retail froth,” Moore said. Plus, his take on growing institutional interest in crypto.

1 сент. 2021 г.

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Market Wrap: Bitcoin Rally Expected to Pause

Analysts expect traders to take a breather after the crypto's recent rally.

Автор Damanick Dantes, Frances Yue16 авг. 2021 г.

Bitcoin 24-hour price chart, CoinDesk 20

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XRP Cheers Ripple's Japan-Philippines Corridor as Bitcoin Breaks Above $40K Ahead of Fed

Ripple's xRapid cross-border payment service allows customers to transfer funds using XRP, making transactions faster and cheaper.

Автор Omkar Godbole28 июл. 2021 г.

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Ripple On-Demand Liquidity Corridor Opens Between Japan and Philippines

It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.

Автор Sebastian Sinclair28 июл. 2021 г.

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Report: Stellar Foundation Eyes Potential Acquisition of MoneyGram

The Stellar Development Foundation, part of the Stellar Network that issues the Stellar Lumens (XLM) token, has reportedly expressed interest in acquiring remittance provider MoneyGram.

22 июл. 2021 г.

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XRP Eyes 'Death Cross,' Has Support at $0.51

Previous "death crosses" have marked major or interim price bottoms.

Автор Omkar Godbole16 июл. 2021 г.

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Ripple Can Depose Former SEC Official in Lawsuit: Report

A U.S. judge ordered William H. Hinman, the former chief of the commission's corporate finance division, to sit for questioning.

Автор Greg Ahlstrand16 июл. 2021 г.

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SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization

Asheesh Birla, the general manager of RippleNet at Ripple, discusses the impact of Ripple’s ongoing case with the SEC on its business. “We welcome thoughtful, proper regulation, and I think that’s been missing,” Birla said, on the need for more regulatory clarity.

12 июл. 2021 г.

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