As Ripple is often accused of the unreasonable monthly distribution of XRP in large numbers, its CTO David Schwartz provided his own vision on the issue and explained why it is necessary.
In recent days, the Swiss Franc (CHF) is surging against the U.S. Dollar. Goldman Sachs believes that it could be being used as a proxy for gold.
Business leaders and politicians from around the world are gearing up to attend another session of the World Economic Forum (WEF), in Davos. Ripple CEO may be one of the guests.
Ripple has highlighted the poor state of the remittance market in the Asia-Pacific region. The company has announced that it will spread there in 2020 beginning with Thailand.
Now Amazon, Burger King, GameStop, DoorDash, Domino’s, and Home Depot will support gift cards purchased on BitPay using XRP.
Crypto startup FinNexus is contemplating to use XRP Ledger to build a tokenized asset platform expected to be rolled in the last quarter of this year.
As you may know, there is a number of corporations that are helping the United States look good in the minds of other countries. And Tesla is definitely one of them.
The current XRP price is around $0.25. We’ve analyzed some factors that may help XRP to get a great bump and increase its value to $692 per coin in 2020.
Two Prime’s FF1 Token combines the features of a close-ended fund, asset-backed token, and a secure store of value. The token sale will take place not in the form of a typical ICO but as a Continuous Token Offering (CTO).
Though Ripple is confident that it will win its class-action lawsuit, the situation with XRP may remain unsolved. Even in the case of success, XRP could be still deemed a security.
Ripple spent $170,000 in the first three quarters of 2019 to influence crypto regulation in the United States. In total, Ripple has spent at least $620,000 for the same purpose between 2018 and 2019.
The main resistance for the XRP/USD is close to the level of $0.2340, upside zone where the bulls are likely to gain more upward energy.
As the XRP community is waiting for a decision from the court, Ripple CEO Brad Garlinghouse has given reasons why it’s impossible for XRP to be ruled as a security.
An end to the lawsuit against Ripple hasn’t been put yet. But when it is, will it affect the XRP price? That’s an interesting case to observe.
Ripple’s partner MoneyGram is starting 2020 with expansion plans into India. It may have a positive influence on the XRP adoption and price.