The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains.
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
XRP functions as the bridge currency underlying Ripple’s liquidity and exchange product, xRapid, which provides financial institutions a medium for global value transfer between various fiat currencies.
XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
At Cointelegraph, we are chronicling the progress of Ripple Labs (and XRP) as it competes with cryptocurrency protocols and traditional fintech platforms alike.
Ripple continues its effort to bring financial inclusion to struggling markets.5232
Bitcoin and most major altcoins are sustaining above their immediate support levels, increasing the possibility that the uptrend will resume.12714
Ripple’s David Schwartz has revealed that he sold 40,000 Ether at $1 each as part of a risk management plan made with his spouse in 2012.31845
Bitcoin’s strength above the $11,500 multi-year resistance is also pulling many altcoin prices higher.18743
Bitcoin price could achieve a new 2020 high if bulls hold the price above the key multi-year resistance at $11.5K.25223
Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend.20051
The DoJ’s guidance around cryptocurrency enforcement, that cites "crime" and "criminals" 168 times, has been poorly received.11367
Bitcoin and altcoins could remain range-bound for a few days as traders search for triggers that will start the next trending move.18867
Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China12291
Traders are attempting to kickstart a new trending move in Bitcoin and altcoins by attacking overhead resistance levels.14103
A new blockchain platform aims to get decentralized networks to decarbonize, but challenges remain, due to uncertainty around tokenization12018
The bulls are buying the dips in Bitcoin and a few altcoins, suggesting that investor sentiment remains positive.25933
Will this ultimately prove to be a significant step for mainstream adoption, or a publicity stunt?15097
Bitcoin and a few altcoins continue to push against resistance at higher levels, suggesting that the uptrend may resume soon.13762