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XRP
XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.
Bitcoin Jumps 2%, Ignoring DXY's Rise to 10-Month High; XRP Eyes Death Cross
The uptick was initially led by spot market buyers, which squeezed out bearish derivative positions, one analyst said.
Ripple Will Do 80% of Its Hiring This Year Outside the U.S: Bloomberg
Brad Garlinghouse said the firm will look into hiring in countries where there is regulatory clarity.
XRP Drops 5% as SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
Ripple’s XRP token has dropped over 5% in the past 24 hours, falling below $0.50 for the first time since July 13. This comes as the Securities and Exchange Commission (SEC) has further argued the need for a mid-case appeal over the finer points of law in its dispute with Ripple. CoinDesk's global policy and regulation managing editor Nikhilesh De weighs in on the latest legal developments.
SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
The Securities and Exchange Commission has further argued the need for a mid-case appeal over the finer points of law.
XRP Erases Nearly All July Gains in August: Kaiko
XRP, which is among the world’s largest tokens by market capitalization, has lost nearly all of its July gains in August, despite robust trade volume. Kaiko data shows Ripple's partial court win against the SEC in July sent XRP to a yearly high of 83 cents, but now prices are back down to levels before the ruling. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
XRP Gives Up Nearly All Gains Made After Ripple's Partial Win Against the SEC
XRP has lost nearly all gains after Ripple Labs’ landmark court ruling over the U.S. Securities and Exchange Commission (SEC) in July. TheoTrade co-founder Don Kaufman shares his reaction as bitcoin (BTC) and other major cryptocurrencies remain little-changed after the largest cryptocurrency by market cap saw its worst weekly performance since FTX's collapse.
XRP Gives Up All Gains Made After Ripple Labs’ SEC Victory
A generally bearish market has weighed down on XRP prices after a landmark victory by Ripple Labs.
SEC Can Argue for Right to Appeal XRP Ruling in Ripple Case, What's Next?
Judge Analisa Torres has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retail traders by putting it on exchanges. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the new developments in Ripple's legal battle against the agency and the next steps of the case.
SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules
A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.
