Ripple

Ripple News Update Although Wall Street and Silicon Valley inhabit opposite ends of the country, leaders from both industries gather several times a year. Yesterday’s Goldman Sachs Technology and Internet Conference was one such rendezvous. Ripple CEO Brad Garlinghouse was in attendance, and at one point, he sat…

Ripple News Update Regulators in Europe and China fired another salvo against cryptocurrencies this week, warning of “high risks” associated with crypto investments. Investors refused to take the bait. Despite their worst intentions, bureaucrats in Brussels couldn’t knock the cryptocurrency market cap below $400.0 billion. Nor could they…

Ripple News Update A stunning new Bloomberg report is making the rounds on Monday morning, arguing that “Bitcoin is losing fans” on Wall Street. However, I think they buried the lede. About halfway through the report, the authors mention that XRP bulls outnumber bears 18-to-1. Of course, Bloomberg…

Ripple News Update The last two months have been an absolute rollercoaster for Ripple investors. December brought jaw-dropping returns, making XRP the best-performing digital asset of 2017; then January blues made it the worst-hit crypto of 2018. Now, finally, a measure of calm is returning to markets. With…

Ripple News Update This week, Ripple announced a partnership with Chinese payment provider LianLian Yintong Electronic Payment Co., Ltd. (Source: "LianLian International Joins RippleNet to Provide Faster Payments into China," Ripple, February 7, 2018.) The Hong Kong-based financial giant will use Ripple's "xCurrent" software to provide its clients…

Ripple News Update Ripple prices made significant gains yesterday, just hours after the U.S. Senate hearings on cryptocurrencies. Investors reacted positively to regulators’ testimony, in part because they appeared to understand the technology quite well. Prices rose more than 21% against the U.S. dollar, bringing the XRP to…

Ripple News Update A few weeks ago, I warned investors that regulators would tighten their grip on cryptocurrencies. This would lead to increased volatility in cryptocurrency prices, I said, including useful cryptos like XRP. One of the examples I cited was the International Monetary Fund’s (IMF) desire to…

Ripple News Update January was a crushingly bad month for cryptocurrencies. Whether you want to judge it against past years, months, weeks—it doesn’t matter. January was simply awful. But fast-forward a few years. Does it still look as bad? Bitcoin topped $1,000 in its early years. Then it…

If you are glued to the cryptocurrencies market prices at the moment, then it is not the best of times for Ripple XRP. At the time of writing, Ripple was down by almost 30% amid a cryptocurrency market crash and was trading at around $0.75. Ripple XRP prices…

Ripple News Update The main story this morning is Ripple’s dramatic fall below $1.00. It finally happened. And when it did, it inspired even more selling activity, leading XRP prices 30% lower against the U.S. dollar. The XRP to USD exchange rate was around $0.656241 at the time…

Ripple News Update Despite the epic XRP price crash in January, Ripple’s main partner in East Asia—a Japanese financial services provider called SBI Holdings Inc (TYO:8473)—doubled down on its support. It even launched a digital asset exchange: SBI Virtual Currencies. At first, this doesn’t sound like big Ripple…

Weiss Cryptocurrency Ratings Weiss Ratings was all over the news last week for releasing the world's first cryptocurrency ratings. This adds to the list of many firsts achieved in the cryptocurrency world. However, Weiss Ratings' report has attracted its share of criticism and even cyberattacks since then. The…

Ripple News Update Ripple (XRP) prices kicked off 2018 in the worst way, losing more than 44% in under a month. The sell-off began as a reaction to trouble on the Korean peninsula. But it was made worse by a Bloomberg Businessweek report, which said that Ripple’s corporate…

Ripple News Update Ripple (XRP) prices plunged on Friday morning after a Bloomberg Businessweek report said that banks “have no interest in using XRP.” (Source: "Ripple Wants XRP to Be Bitcoin for Banks. If Only the Banks Wanted It," Bloomberg Businessweek, January 25, 2018.) The article, written by Matthew Leising…

Ripple News Update Ripple releases a quarterly report on the state of XRP markets. Other than obsessive Redditors, no one really pays attention to the report. But this time is different. “XRP markets ended the year with a statement,” read the report. “One that will likely be remembered…

Ripple News Update As promised, today’s Ripple news update delves into liquidity, interoperability, and XRP as a long-term value play. But first, I want to note that XRP prices surged 12.8% on Wednesday, bringing the XRP to USD exchange rate to $1.41. It was a brief but gratifying…