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 Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest crypto stories, including a new report from the Wall Street Journal that the global crypto exchange Binance has laid off over 1,000 employees in recent weeks. Bail for Alex Mashinsky, the former CEO of Celsius, has been set at $40 million dollars after he was arrested. And, a slew of crypto exchanges start listing XRP for trading.

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XRP Short Traders Notch Highest Losses This Year After Ripple's Partial Win

A landmark court ruling drove XRP prices to nearly double in the past 24 hours before receding, with XRP shorts losing the most money so far this year. Coinglass data shows XRP-tracked futures traders racked up a total of $58 million in losses as a U.S. judge ruled the sale of XRP tokens on exchanges did not constitute investment contracts. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

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XRP Dethrones BNB to Become 4th Largest Cryptocurrency by Market Cap

XRP has become the fourth largest cryptocurrency by market capitalization, surpassing the BNB token, according to CoinDesk data. This comes as CoinGlass data shows XRP-tracked shorts, or bets against price rises, posted the highest losses so far this year at $33 million after a U.S. court found that sales of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. "The Hash" hosts discuss the Ripple ruling and subsequent market reaction.

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How the Ripple Labs Ruling Could Shape Future U.S. Crypto Regulation

Ripple Labs won a partial victory in its legal battle against the SEC after a U.S. federal court ruled yesterday that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. "The Hash" hosts discuss the latest developments and the implications for crypto regulatory clarity in the U.S.

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Bitcoin Breaks Above $31K as XRP Ruling Bolsters Optimism

Bitcoin (BTC), XRP, and most other major cryptocurrencies are rallying Friday on the news of a judge ruling that the sale of Ripple's XRP tokens on exchanges and through algorithms did not violate federal securities laws. CoinRoutes CEO and co-founder Dave Weisberger discusses the impact of the XRP ruling on the crypto markets.

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Understanding Ripple's Partial Courtroom Win on XRP; Russia Inches Toward a CBDC

Host Angie Lau breaks down the surge in XRP’s price after a New York Court ruled the sale of XRP tokens on exchanges did not constitute investment contracts. Plus, insights on the CBDC development in Russia and the controversy surrounding Arkham Intelligence's new service that reveals the owners of digital wallets. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

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Ripple Scores Partial Victory in SEC Court Fight Over XRP; Ex-Celsius CEO Alex Mashinsky Is Arrested

“CoinDesk Daily” host Jennifer Sanasie breaks down an eventful day for the crypto industry, as Alex Mashinsky, former CEO of the insolvent crypto lender Celsius, is arrested and accused of orchestrating a "years long scheme to mislead customers" by the Department of Justice. Plus, Ripple’s XRP token rallies over 50% after a U.S. judge ruled the sale of XRP tokens on exchanges did not constitute investment contracts.

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Ripple’s XRP Token Skyrockets After Court Rules XRP Sales Aren’t Investment Contracts

XRP’s price has skyrocketed after a New York Court ruled the sale of XRP tokens on exchanges did not constitute investment contracts. "The Hash" panel discusses the latest developments after the court published the conclusions in an order partially granting a motion for summary judgment in the seminal U.S. Securities and Exchange Commission case against the blockchain platform. 

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'No Other Country' Considers XRP as a Security, Ripple Legal Chief Says

Ripple chief legal officer Stuart Alderoty discusses the blockchain firm's compliance with regulators around the world and the pressure they have faced in the United States. "There's only one regulator in one country in the world that has ever suggested that XRP should be registered as a security and that's the SEC in the United States of America," he added.

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Ripple President Addresses SEC Lawsuit, Metaco Acquisition

Ripple President Monica Long joins "First Mover" to discuss the latest developments in the blockchain company's ongoing legal battle against the U.S. Securities and Exchange Commission. Plus, insights on Ripple's acquisition of Swiss-based crypto custody provider Metaco.

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