Newsletter
Elsewhere, an industry panel told Cointelegraph that the crypto bull market probably hasn't even started yet.
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Ripple News
Established in 2012 under the name OpenCoin, Ripple Labs is the software corporation responsible for creating the XRP (XRP) cryptocurrency and its accompanying distributed ledger technology (DLT), the XRP Ledger. In addition, the company has crafted a collection of payment protocols, such as RippleNet, which are designed to optimize cross-border transactions for financial entities. RippleNet serves as a counterpart to the traditional SWIFT system, aiming to revolutionize and accelerate international money transfers by leveraging blockchain technology.
Initially featuring distinct services (xCurrent for bank payments, xRapid for liquidity via XRP and xVia for API integration), RippleNet consolidated these offerings in 2019. This strategic unification aimed to broaden XRP’s application in fund transfers under a single, cohesive RippleNet banner. Ripple’s XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. The XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
In 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple and its executives, Brad Garlinghouse and Christian Larsen, which accused it of conducting unregistered securities offerings worth over $1.3 billion via XRP sales. However, in July 2023, Ripple secured a partial victory when U.S. District Judge Analisa Torres ruled that XRP sales on public exchanges did not constitute unregistered securities offerings.
- News
The SEC and Ripple have paused XRP lawsuit appeals amid ongoing settlement talks and speculation that incoming SEC chair Paul Atkins may drop the case.
16869 - Market Analysis
A majority of XRP supply is in profit, but rising sell pressure at Upbit could be a sign that a growing number of investors are turning bearish.
8038 - News
Following the acquisition, the XRP Ledger could become a major venue for tokenized real-world assets, said David Schwartz.
15039 - News
Ripple is acquiring Hidden Road in a $1.25 billion deal to become the world’s largest non-bank prime broker and expand its stablecoin and XRP services.
5370 - News
Asset manager Teucrium will launch a 2x leveraged XRP ETF on NYSE Arca on April 8 under the ticker XXRP.
10260 - Altcoin Watch
XRP price is down across almost every timeframe, and data suggests that a rebound is unlikely in the short-term.
1237 - Altcoin Watch
XRP on-chain data highlights distribution activity among whales, which may weigh down the altcoin’s price in the short term.
33504 - Altcoin Watch
XRP's daily settlement volume in US dollars has risen substantially after Trump's reelection but remains far below Bitcoin and Ethereum despite its price rally.
7635 - News
Crypto-friendly Republicans Jimmy Patronis and Randy Fine have won Florida’s special elections for the 1st and 6th Congressional Districts of the US House.
2417 - Altcoin Watch
XRP price has been in a rut, but is its negative funding rate a bullish or bearish sign?
7443 - Altcoin Watch
Multiple XRP price fractals hint at a top and suggest a 60% downside in the coming months.
20304 - News
California Democrat Avelino Valencia has amended a money transmission bill to make Bitcoin and crypto rights a major focus, potentially benefitting the state’s 39.4 million residents.
13733 - Altcoin Watch
Some analysts predict a drop below $2, but prevailing bullish continuation and fractal chart patterns are hinting at a long-term target toward $12.50.
23864 - Altcoin Watch
The odds of a June rate cut have dropped sharply in the past week, raising downside prospects for riskier assets like XRP.
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