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

South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research

Koreans trade differently to the rest of the world, market data shows.

(Daniel Bernard/ Unsplash)

Markets

XRP Registers Biggest Single-Day Gain in 3 Months After SEC Drops Charges Against Ripple's Leaders

XRP gained 6.5%, the biggest single-day percentage rise since July 13.

(PeggyMarco/Pixabay)

Policy

SEC Drops Charges Against Ripple CEO Garlinghouse, Chairman Larsen

The regulator had included them as defendants in its securities violation case revolving around XRP transactions, and the agency now says it's just pursuing the central Ripple case.

SEC Chair Gary Gensler and Ripple CEO Brad Garlinghouse (Kevin Dietsch/Getty and Scott Moore/Shutterstock/CoinDesk)

Videos

Ripple's Business 'Thriving' Despite Regulatory Uncertainty in U.S.: Ripple Exec

A federal judge recently rejected the U.S. Securities and Exchange Commission's (SEC) bid to appeal its ground-shaking loss against Ripple. Ripple SVP of Strategic Initiatives Eric van Miltenburg discusses what the ruling has meant for Ripple's business operations and the state of crypto regulation in the U.S.

Recent Videos

Videos

Ripple Exec Says Singapore Is a 'Significant Hub for Our Business'

Ripple's Singapore arm recently secured a license as a major payments institution from the country's monetary authority. Ripple SVP of Strategic Initiatives Eric van Miltenburg discusses the move and the future of digital assets in Singapore, which Ripple sees as a "significant hub" for the global crypto ecosystem. Plus, van Miltenburg's thoughts on the U.S. crypto regulatory landscape and the future of blockchain research.

Recent Videos

Markets

Deribit to List XRP, SOL, and MATIC Options; Seeks License in EU

Deribit controls over 85% of the global crypto options market.

(Creative Commons, modified by CoinDesk)

Videos

XRP Pares Gains After Judge Denies SEC’s Motion to Appeal Loss in Ripple Case

A federal judge has rejected the SEC's bid to appeal its loss against Ripple, the crypto firm associated with the XRP token, saying that the agency had failed to show that there are substantial grounds for differences of opinion. XRP's price rallied about 5% on the news earlier this week before retreating. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Markets

Bitcoin Edges Higher to $27.7K; AVAX, XRP Jump as Crypto Market Settles

Crypto analysts forecast low volatility and consolidation for the month.

BTC price today (CoinDesk)

Policy

SEC’s Motion to Appeal Loss in Ripple Case Is Denied

XRP rallied about 5% following the decision.

SEC Chair Gary Gensler and Ripple CEO Brad Garlinghouse (Kevin Dietsch/Getty and Scott Moore/Shutterstock/CoinDesk)

Markets

Bitcoin Jumps 2%, Ignoring DXY's Rise to 10-Month High; XRP Eyes Death Cross

The uptick was initially led by spot market buyers, which squeezed out bearish derivative positions, one analyst said.

trading prices monitor screen