Ripple’s Xumm banking app that will be soon available for mass adoption is more than an ordinary digital asset wallet as it offers a wide array of functionalities both to retailers and developers.
Read and find why Ripple’s XRP could probably attract huge institutional negotiators and be a favorite for crypto investors worldwide.
Bitcoin is still dominant in the cryptocurrency space with data showing that it has staggering 140 times more daily active addresses than Ripple’s XRP.
Ripple’s XRP has got approval for being used in cross-border money transfers from the U.S.Consumer Financial Protection Bureau. XRP price is rising now.
SBI Holdings announced that the Ripple-based application MoneyTap will be integrated into Japanese ATMs. Based on MoneyTap, the ATMs are to be bank-independent so that customers can withdraw money from any ATM.
RAKBANK announced the expansion of RAKMoney Transfer (RMT) services using Ripple blockchain technology RippleNet. The new service will be used along the Bangladeshi corridor by partnering with Bank of Asia.
A new product on the Ripple network would not only reduce the time required to avail capital loans but also improve transparency between the parties involved.
Ripple boss Brad Garlinghouse announced plans to take the company public ‘in 12 months’ at Davos 2020. With XRP prices dropping by around 46% last year, will Ripple IPO boost it’s token’s price this year?
In this crypto digest, we will take a look at some of the most important news from crypto exchanges that came out during last month.
A Puerto Rico-based company dubbed Bitcoin Manipulation Abatement LLC has filed this recent lawsuit accusing Ripple of misleading investors of financial gains making false claims and driving false demand. The plaintiff argues that XRP isn’t a currency.
In a controversial step, the Ripple co-founder sold an average of 1.8 million XRP tokens for each day of April 2020. Since McCaleb is the co-founder of Stellar, a direct competitor to Ripple, it has also created suspicion of his support to Ripple Labs.
On April 30, Ripple published the Q1 XRP Markets report to update the public on the company’s views on the state of the XRP market.
The cryptocurrency market has regained over 100% from the March 12 flash crash leaving the stock markets far behind after they gained 36%. The majority of coins are in the green now.
Ripple’s arm Xpring has brought another glory to the crypto ecosystem as it is classified among the top ideas changing the world to a better place. Meanwhile, XRP price is 8% up.
Ripple said that it had reached out to YouTube for several times making them aware of the “fake giveaways” done on their platform using the Ripple trademark. Now it accuses the Google-owned video streaming giant of not taking sufficient action.