The Ripple vs SEC lawsuit is nearing its 1st year anniversary. In December 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple founders for offering illegal securities and claiming that XRP was a security. After an extended dispute, the legal battle has finally reached the Summary Judgement Phase. This has led...Read More
The long running Ripple vs SEC or the US Securities and Exchange Commission finally seems to find its end after SEC filed for summary judgment. The way the developments are happening around the XRP lawsuit are pointing towards Ripple win. Last week the United States federal district court rejected the Securities and Exchange Commission’s several...Read More
XRP isn’t Competing with Stablecoins or CBDC XRP, the third-largest crypto asset, is currently struggling to hit $30. Besides having the major market cap, XRP is mainly used across payment networks to bridge liquidity issues. That said, Ripple’s Senior Director Emi Yoshikawa shared her views on how she sees XRP in the chaos of Stablecoins...Read More
Ripple Lab Released its 2020’s first-quarter report on 30th April and the reports show a 90% massive drop in institutional token sales but keep the graph green on trading volume and success of the cross-border project. When Compared to 2019 Q4 The Ripple Q1 2020 report says it has made only $1.75 million of OTC...Read More
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. The new stats could indicate a continuous trend of capitulation by XRP investors. Times have drastically...Read More
As the price of Ripple’s XRP struggles to climb higher heights, it appears holders keep seeing more reasons to worry. Actually, Sale of XRPSale of XRP While this highly controversial annual event causes panic in the long term, it appears XRP’s parent company is not the only XRP whale dumping the coin on the market....Read More
There is never a dull day on crypto twitter with endless drama, criticism, clap backs, and even personal attacks. The latest episode features Bitcoin maximalists and Ripple backers. Mike Novogratz Bashes XRP Ripple (XRP) recently came under a fierce attack by Galaxy Digital CEO Mike Novogratz saying that the cryptocurrency would underperform again this year...Read More
The price of Ripple lost 66% against the most dominant cryptocurrency in 2019 as new stats show, while BTC has seen an increase in price by more than 100%. As the altcoin news and rumors show, many cryptocurrencies are down significantly compared to the start of the year. Moreover, there are a lot of altcoin/BTC...Read More
Ripple Executives share their views on Crypto Industry in the last decade in the latest Ripple Drop episode. The team also spoke about their predictions in 2020. The festive holiday episode of Ripple Drop had CEO Brad Garlinghouse, CTO David Schwartz and their VP Breanne Madigan speaking their hearts out about crypto and blockchain in...Read More
The crypto investors seem to not really care about the real potential XRP has which was noticed by some of the analysts and economists after Ripple’s XRP had its worst year from a technical perspective, ending the year on a low note as reported in the XRP news. Although the bearishness of the asset is...Read More
Ripple has a great end to Year 2019. The network announced that it has earned $200M funding in a Series C investment. The Series C was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. Ripple plans to use these funds to accelerate XRP adoption globally. Following the news, XRP price saw...Read More
Ripple based money transfer startup SendFriend is supposed to save 80% remittance fees. David Lighton, the co-founder and chief executive of SendFriend explained how XRP impacts the payment process. As per Lighton, traditional money transfer firms usually charge up to 10 percent of the total amount being transferred from end to end. However, when SendFriend’s...Read More
PNC Treasury Management, the United States’ eighth-largest bank, is now offering RippleNet-based cross-border payment solutions to its commercial clients. RippleNet blockchain provides a frictionless experience to send money globally within a secured infrastructure. However, PNC claims that this will help traders to receive payments from overseas buyers instantly. Also, it will transform the way they manage...Read More
UK-based international money transfer company Xendpay is the newest member to join Ripple Net, which will give Ripple access to markets in Bangladesh, Malaysia, Philippines, Vietnam, Indonesia, and Thailand. Ripple posted on its blog that Xendpay provides “some of the most competitive rates on cross-border money transfers” which also offering customers “the option to waive...Read More
Have you ever needed to send money overseas? Often, the most important question involves costs. How much is it going to cost you? Ripple, a payment infrastructure and blockchain technology solutions provider, offers cheaper payment services and is alleged to be more convenient than Swift, according to a new report from DBS, an Asian bank...Read More
Santander, a multinational banking giant based in Spain, is reportedly opening up a special payment corridor that would enable customers in Latin America to send money directly to the US at no cost. At the moment, only clients in Spain and the United Kingdom can use Ripple’s payment solution to transfer money across Europe and...Read More
With the beginning of the week, most of the coins are enjoying the green day. While bitcoin is struggling to break the $11k resistance, major altcoins are showing massive growth. At present, Ripple is the are the leading cryptocurrency in terms of gains. Among the Top 10’s market followed by ethereum with 6% gains. Past...Read More
