XRP news section is specifically tuned to XRP and the ecosystem around Ripple updates. Find out about cross‑border payment use‑cases, developments in Ripple vs. SEC history, partnership news. Learn how XRP fits into the broader token environment. Perfect if you follow XRP closely.
The XRP token has registered gains of more than 2 percent at the start of the week following the release of half a billion tokens from Ripple’s escrow account.
The usage of XRP within RippleNet for cross-border payments is continuously growing. It is one of the factors that can ensure a more liquid and stable market.
A recent hearing in the U.S. Congress included the discussion of fiat currencies, payment methods and cryptocurrencies. In this context, XRP and the efforts made by Ripple in the sphere of payments were directly mentioned.
XRP is still in an odd spot: nobody knows for sure whether or not the asset is a commodity or security or even neither. Some people, like Ben Askren, believe that it is just a scam.
It is believed that XRP is ready to leave the bear market aside and move higher. XRP price could reach $14 with the next bull run.
Some experts think that Ripple’s IPO will put an end to the inherently speculative nature of the XRP token that won’t be much appreciated by its investors.
According to Wietse Wind, the lead developer of XRPL Labs, Ripple is considering launching not only a free version of the banking app but also a paid one that will be called ‘Xumm Pro’.
According to Jeffrey Tucker, the future for the XRP price is quite unclear right now. It can either reach one million dollars or fall to zero.
Ripple says that the future of payments will be commanded and shaped by emerging technologies. The company is said to be fully prepared for this future.
Having received big-fat funding last year, Ripple is all geared up to expand its XRP payments network globally. The company is in talks with commercial banks and financial businesses willing to adopt its solution.
A new Market Integrity Working Group, tasked with the responsibility of ensuring fairness and accountability in the crypto space, will be co-chaired by senior executives of both Ripple and Coinbase.
During an interview at the WEF 2020 event in Davos, Garlinghouse said that more crypto companies will plan to go for an IPO in 2020. The Ripple CEO is confident about the company’s position in the evolution of the payments industry.
Despite a growing interest by global organizations and government institutions for the blockchain technology, the industry saw a drop in new funds raised. Ripple managed to steal the show with over $200 million raised in Series C funding.
BitMEX has announced that it will launch the XRP/USD quanto product while the platform’s UP and DOWN contracts will be delisted.
Ripple experienced a massive 80% drop in its total sales of XRP in Q4 2019. The figures in the recent report are the lowest in the past 36 months.