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.


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XRP Rises as Ripple Announces $200M Share Buyback

Blockchain payments company Ripple has announced it bought back $200 million worth of its Series C shares initially issued in December 2019, bringing the firm's total valuation to $15 billion. The native XRP cryptocurrency climbed 3.8% on the news Wednesday morning. "The Hash" discusses the latest in the world of Ripple amid an ongoing regulatory battle with the SEC.

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Finanza

Ripple busca construir una plataforma de creación de mercado para XRP: fuentes

La empresa, todavía sumida en acciones legales en Estados Unidos, está contratando en Londres y Singapur.

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

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Ripple Looking to Build a Market-Making Platform for XRP

Global payments company Ripple is reportedly looking to build a crypto market-making platform and is currently hiring staff in London and Singapore. The company is still mired in legal action in the U.S. "The Hash" hosts digs into the world of market-making, exploring the outlook for Ripple and XRP's price amid ongoing regulatory woes.

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Why Are Altcoins Outperforming Bitcoin?

CoinDesk’s Galen Moore discusses his crypto markets analysis and outlook in response to a chart illustrating altcoins outperforming bitcoin in August. “When you see a chart like this with Cardano and XRP in the top three, that is certainly an indicator of retail froth,” Moore said. Plus, his take on growing institutional interest in crypto.

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Report: Stellar Foundation Eyes Potential Acquisition of MoneyGram

The Stellar Development Foundation, part of the Stellar Network that issues the Stellar Lumens (XLM) token, has reportedly expressed interest in acquiring remittance provider MoneyGram.

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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.

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Mercati

Resumen del mercado: Ether se dispara a 3.300 dólares mientras que Bitcoin se mantiene por debajo de los 60.000 dólares

El mercado de ether está registrando cifras récord en el mercado spot, de futuros y de DeFi. Bitcoin se encuentra en un segundo plano por ahora.

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Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto as Bait

The DeFi wave continues to rise in Asia: XRP dives deeper into DeFi with Wanchain integration while a top bank in Thailand ventures into the nascent ecosystem and more cases of online fraud are found in Hong Kong. The suspects are believed to have used false promises of crypto investments to lure their victims.

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Ripple Granted Access to SEC Documents on Bitcoin, Ether in Ongoing XRP Fight

Ripple is granted access to U.S. Securities and Exchange Commission (SEC) documents on bitcoin and ether. CoinDesk Managing Editor Nikhilesh De explains the latest legal woes for XRP and how these documents might help in the ongoing battle with the SEC.

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Ripple CTO: The Market Considers XRP to Be Similar to Bitcoin and Ether

Ripple CTO David Schwartz joins "First Mover" for a wide-ranging discussion about Ripple and XRP while the company is in the midst of an SEC lawsuit. On the latest news that Ripple has gained access to certain SEC documents, Schwartz comments on what the company hopes to accomplish. With XRP bouncing above $1 for the first time since March 2018, he also clears up some common misconceptions about Ripple, the company, and XRP, the ledger and token.

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