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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.
SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization
Asheesh Birla, the general manager of RippleNet at Ripple, discusses the impact of Ripple’s ongoing case with the SEC on its business. “We welcome thoughtful, proper regulation, and I think that’s been missing,” Birla said, on the need for more regulatory clarity.
SBI Holdings Touts XRP Ledger for NFT Use in the Tokenization of a 'Variety of Assets'
"The blockchain XRP Ledger has the ability to tokenize not only XRP but also a variety of other assets," the company said in its report.
Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds
The amount of money leaving was significantly less than the previous, record week of $141 million.
Ripple Proposes Adding Federated Sidechains
Chief Technology Officer David Schwartz cites demand from users for smart contract implementation.
Ethereum and XRP Looking More Attractive as Investors Rush to Exit Bitcoin Funds
Investors redeemed a net $141 million during the seven days through June 4, the highest weekly total on record, according to CoinShares.
Market Wrap: Elon Taketh Away – Bitcoin Continues Fall as Options Traders Pile Into Puts
The crypto car drove to the dump Monday as most blockchain assets fell.
Dogecoin Price Finally Tops 69 Cents, Flips XRP to Become Top-4 Crypto
The canine-themed cryptocurrency is up an eye-watering 13,611% year-to-date
Market Wrap: Bitcoin, Ether Recover From Midday Market Sell-Off as the DOGE Abides
Some see ether and bitcoin now behaving as very separate assets, which normally isn’t the case.
Ripple Adds Former US Treasurer to Board of Directors
Rosie Rios was the 43rd treasurer of the United States, serving under the Obama administration from 2009 to 2016.
Market Wrap: Ether Shoots to $3.3K While Bitcoin Hangs Below $60,000
The ether market is experiencing record numbers for spot, futures and DeFi. Bitcoin is in the backseat for now.
