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.


Markets

EToro USA Becomes Latest Exchange to Suspend XRP Trading

The U.S. division of eToro is suspending XRP trading after an SEC suit against Ripple Labs alleges the token is a security.

eToro

Markets

Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet

Another day, another all-time high in bitcoin as the cryptocurrency changed hands as high as $28,871.78.

Bitcoin prices, Dec. 29-30, 2020.

Markets

Binance US Says It Will Delist XRP on Jan. 13

Binance becomes latest crypto exchange to delist Ripple's XRP.

Binance BSC, Binance app

Finance

Coinbase Sued for Allowing the Sale of XRP

A man from Missouri is filing a suit against Coinbase for its sale of XRP, a California court filing reveals.

Entrance of San Francisco's Federal Building and U.S. Courthouse

Finance

Genesis to Suspend XRP Trading, Lending

In an email sent to clients Wednesday, Genesis announced it would be halting XRP trading and lending in the new year.

Ripple CEO Brad Garlinghouse speaking at the DC Blockchain Summit 2019.

Policy

Ripple to Meet With SEC in First Pretrial Conference on Feb. 22

Ripple and the SEC will meet over video call, according to a court order from the U.S. District Court of the Southern District of New York.

Brad Garlinghouse Ripple

Markets

Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish

Bitcoin fell to the $26,000 level after it hit above $28,000 on Sunday, yet markets remain bullish on both retail and institutional interest.

screen-shot-2020-12-29-at-14-26-13

Markets

Crypto.com to Delist, Suspend XRP in the US After SEC's Ripple Suit

The announcement came hours after Coinbase and OKCoin took similar actions.

Kris Marszalek, CEO of Crypto.com

Markets

Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple

Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs.

Brad Garlinghouse, Ripple CEO, speaks at Davos 2020. (CoinDesk)

Policy

OKCoin to Suspend XRP Trading and Deposits on Jan. 4

OKCoin became the latest exchange to suspend XRP trading and deposits as of early next year.

(Ripple)