Ripple’s legal battle with U.S. regulators continues.
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.
Traders are clearly nervous after XRP corrected by 54% and the futures open interest premium flipped negative.57109
Elon Musk’s upcoming TV appearance could ultimately spell a Dogecoin Doomsday, one analyst says as price action mimics XRP in 2018.105981
The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC.63049
Bitcoin needs to move away from the proof-of-work consensus mechanism to remain the world’s dominant cryptocurrency, Ripple’s Chris Larsen said.19787
A crypto exchange is embracing gamification — and enabling traders to unlock achievements based on the digital assets they buy, and how often.13172
Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products.37169
While the defendants may have gained an edge in pre-trial rulings in SEC v. Ripple Labs, are Ripple’s legal troubles now over?138417
XRP’s price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?75539
XRP price rallied more than 30% as retail traders rotate into "cheaper" altcoins and investor sentiment turns positive after Ripple's recent legal victories against the SEC.66740
XRP, Stellar and XinFin see tremendous growth as enterprise solutions that offer cross-border solutions and serve the unbanked gain traction.49913
Ripple is reportedly trading at a $2 to $3 billion valuation but its XRP holdings are worth around $70 billion.112039
As Ripple fends off SEC lawyers, XRP enjoys an explosive weekend pump.71415
According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year.131067
Positive news regarding the Ripple–SEC lawsuit saw XRP's price rally above $1 and its futures open interest to reach an all-time high.28450