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

SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security.

By Nikhilesh DeAug 13, 2019

Ripple CEO Brad Garlinghouse (CoinDesk Archives)

Markets

Ripple Sells $251 Million in XRP in Q2 Amid Spike in Institutional Buying

XRP's global trading volume dropped 28 percent after CryptoCompare filtered out inflated statistics.

By Daniel KuhnJul 24, 2019

Markets

XRP Was Worst Performing Top-10 Crypto in H1 – But BNB Shone

The first half of 2019 brought goods times for cryptos in general, and particularly Binance coin. XRP, though, eked out relatively meager gains.

By Omkar GodboleJul 5, 2019

Markets

Imgur Raises $20 Million From Ex-Ripple CTO's Micropayments Startup

The popular image hosting site Imgur is tying up with a micropayments startup founded by Ripple's former CTO.

By Daniel KuhnJun 26, 2019

Markets

Golden Crossover: XRP Heads for Bullish Chart Pattern as Price Climbs 27%

XRP is teasing a long-term bullish reversal, with 27% gains and a bullish golden cross pattern likely to occur next week.

By Omkar GodboleMay 27, 2019

Markets

Coinbase Opens Up XRP Trading for New York Residents

New York-based users of Coinbase can now trade or store XRP on Coinbase.com or the crypto exchange's iOS and Android mobile apps.

By Yogita KhatriMay 14, 2019

Markets

Exchange-Traded Notes for XRP, Litecoin Launch on Boerse Stuttgart

Germany’s second-largest stock exchange, Boerse Stuttgart, now offers trading in XRP and litecoin-based ETNs issued by XBT Provider.

By Yogita KhatriMay 13, 2019

Tech

Ex-Ripple CTO Launches Blogging Platform to Pay Content Creators XRP

The Coil blogging platform offers tipping via XRP and in future plans to work with a variety of assets.

By Leigh CuenMay 1, 2019

Markets

Nasdaq Adding Index for XRP Cryptocurrency to Global Data Service

After bitcoin and ether, Nasdaq is now adding an index for the world’s third-largest cryptocurrency, XRP, to its global data service.

By Yogita KhatriApr 30, 2019

Markets

Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1

Blockchain payments startup Ripple has reported a 31 percent quarter-to-quarter increase in sales of XRP.

By Yogita KhatriApr 25, 2019

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