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Ripple CEO Anticipates Positive Impact of Potential XRP ETF

The CEO of Ripple, Brad Garlinghouse, talked about the potential for BlackRock to introduce an exchange-traded fund (ETF) for XRP in a recent interview with Bloomberg. The possibility of comparable ETFs for other cryptocurrencies, such as XRP, is becoming increasingly apparent with the US regulator’s approval of the first crypto spot ETF for Bitcoin. Garlinghouse […]

Ripple

Ripple’s Recent 60 Million XRP Transfer: Analysing Market Impact and Speculations

In a recent occurrence in the cryptocurrency space, 60 million XRP, or roughly $34 million, were transferred by Ripple to an unidentified wallet, garnering significant attention in the industry. The XRP community is anxious due to this decision, and many wonder if Ripple would dump tokens on the market. The deal’s ramifications for XRP’s market […]

Ripple

Ripple’s Legal Showdown with the SEC:

Ripple and the US Securities and Exchange Commission (SEC) are set to square off over the controversial topic of On-Demand Liquidity (ODL) sales in a legal drama that is developing and has the potential to alter the regulatory environment surrounding cryptocurrencies drastically. This crucial stage of the ongoing legal dispute is expected to test Ripple’s […]

Ripple

What exactly is XRP? And how does it relate to Ripple?

XRP is a cryptocurrency that was developed by the company Ripple Labs, Inc. It is a digital asset that is used for transactions on the Ripple network, a global payment network that allows for fast, secure, and low-cost cross-border payments. XRP is often referred to as the “native asset” of the Ripple network, as it […]

Ripple

Ripple and Travelex Bank agree to start accepting XRP in Brazil

Ripple’s partnership with Travelex Bank will see customers of the locally regulated bank benefit from XRP-powered cross border payments settled on RippleNet’s On-Demand Liquidity (ODL) protocol.Ripple has launched a digital asset-based payment system in Brazil. Working with respected Latin American bank Travelex Bank, which is licensed by the Central Bank of Brazil. The new service […]

Ripple

Ripple’s co-founder sells the rest of his 9 billion XRP

The Ripple co-founder has regularly sold off his XRP holdings for eight years, starting in 2014. Jed McCaleb, the co-founder of Ripple who departed in 2014 with a nine billion XRP parcel. As part of the settlement for breaking ties, has sold the rest of his stash. The move comes a few days after McCaleb’s […]

Ripple

XRP rises and turns bullish, with a potential of 18% gain

XRP is currently trading at $0.29, up from yesterday’s low of $0.27. On the 4-hour chart, the MACD shows increasing bullish momentum, while the RSI is approaching overbought levels. If bulls can push XRP above the $0.30 resistance level, it could rise to $0.35, a gain of around 18%. However, if bears take control, XRP […]

Ripple

In two weeks, Ripple co-founder sold 70 million XRP

Over the previous two weeks, Ripple co-founder Jed McCaleb reportedly sold around 70 million XRP. According to data from XRPscan. McCaleb, Ripple’s former chief technology officer, has been gradually selling his XRP since he left the company in 2014. He agreed to a schedule with Ripple that caps his daily sales at 500,000 XRP. It’s not […]

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