Ripple

Cryptocurrency News & Market Summary Investors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the stories we discuss below—but the net result was…

Ripple vs SWIFT: The War Begins While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments. It…

XRP Prices Hang in the Balance Ripple bears like to claim that XRP “serves no purpose” in its technology, but recent success with the "xRapid" software says otherwise. That—plus the continual “Is XRP a security?” debate—drove Ripple prices round and round in circles last week. I see these…

XRP Prices: Patience Is Warranted 2017 was a great year for investors, where the market environment was characterized by a constant barrage of new all-time highs, low volatility, and a number of high-flying sectors taking center stage. 2018 is turning out to be a whole different beast; a…

Ripple News Update Although XRP prices are flashing red this morning, Ripple is actually net positive for the weekend. From its Friday lows to the time of this writing, the XRP to USD exchange rate advanced 5.55%. But that’s not the biggest story in today’s Ripple news update.…

Ripple News Update The myth of Ripple controlling the XRP Ledger has haunted XRP prices for years, but an upcoming initial coin offering (ICO) might shift those perceptions. What am I talking about? Well, a small Brazilian company called Allvor is launching its own token on the XRP…

Ripple News Update Hopes for an XRP recovery were dashed on Thursday morning as the third-largest cryptocurrency recorded its second consecutive day of losses. On a more positive note, Ripple was hardly alone. The top 25 cryptocurrencies by market cap plunged as well, with the notable exceptions of…

Ripple News Update At a recent conference in South Korea, leaders of the country’s cryptocurrency exchanges—which account for more than 47% of XRP trading activity—said they were considering self-regulating before government officials can take a more aggressive approach. This development is incredibly important for Ripple. Earlier in the…

Ripple News Update Last week, falling XRP prices drowned out what we consider a pretty important announcement: namely, that Uphold, Inc. added XRP functionality to its online platform. For the uninitiated, this means that U.S. investors can buy XRP straight from U.S. dollars. No more waiting for a…

Ripple News Update In the last 24 hours, Ripple prices gained four percent while the cryptocurrency market cap added $15.2 billion, demonstrating that investors are feeling particularly generous this Easter Monday. However, the broad trends are still active. One day’s reprieve does not change the fact that cryptocurrencies…

Ripple News Update Earlier this week, Ripple (the company) joined the Hyperledger Consortium—a Linux Foundation-backed collection of enterprise blockchain companies—in a bid to expand its appeal. It wasn’t alone, either. 13 other companies joined Hyperledger as well, swelling the consortium’s already impressive group of stakeholders. (Source: "Hyperledger Extends…

Ripple News Update Every time Ripple prices fall into a slump, I am besieged with messages from terrified investors. The conversation is always the same: “When will XRP prices recover?,” they ask. “No idea,” I respond. Fundamental investing is tough this way. Unlike its technical counterpart, it does…

Ripple News Update Although investors hope to see XRP flourish in the United States, there’s reason to believe that Ripple’s main tailwind will blow from the East. Just look at today’s leading Ripple news. In the U.S., you have: The Internal Revenue Service (IRS) threatening cryptocurrency investors. The…

Ripple News Update Although Yahoo! Inc. went down in flames in North America—Verizon Communications Inc. (NYSE:VZ) bought its core assets at firesale prices—Yahoo! Japan (TYO:4689) maintains a strong presence in East Asia. Now the platform is looking to leverage its popularity by opening a cryptocurrency exchange in Japan. There’s…

Ripple News Update Ripple prices are down on Thursday, most likely as a result of the market-wide slump in cryptocurrency prices. But even without the macro pessimism, South Korea’s ongoing regulatory pressure might have held down XRP prices anyways. What am I talking about? Well, in January, the…

Ripple News Update A recent CoinDesk report brought to light that Ripple, the third-largest cryptocurrency in the world, has a fully functional derivatives market just across the pond. (Source: "Ripple's XRP Just Might Be the Next Big Crypto Futures Market," CoinDesk, March 20, 2018.) The shocking part of this…

Ripple News Update Ripple prices were upbeat on Monday morning, having jumped more than 20% in the previous 24 hours, but optimism still remains well below normal. Cryptocurrency markets have been locked in a downward spiral for weeks on end. Heightened regulatory pressure from the U.S. Securities and…

Ripple News Update Although falling XRP prices captured most of the attention this week, today’s Ripple news update will focus on something more relevant to XRP’s long-term value. Namely, a panel discussion featuring CEO Brad Garlinghouse. The “fireside chat” was hosted at the Money20/20 Asia conference, which is…

Ripple News Update When there’s blood in the water, sharks come swimming. This thought crossed my mind as I looked at cryptocurrency prices on Thursday morning. You see, regulators the world over are releasing their plans for crypto oversight. What strikes me as interesting is the timing of…

Ripple News Update As pessimism grows in the cryptocurrency market, weak hands continue to offload XRP to strong hands. What do I mean? Well, “strong hands” represent the smart money, the people who move one step ahead of the crowd. By comparison, “weak hands” represent those who buy…