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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.
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.
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.
XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace
Binance.US joins rival crypto exchanges including Coinbase, Kraken, Bitstamp in listing XRP for trading.
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.
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."
Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham
The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.
XRP Trading Volumes Hit $2.5B on South Korean Exchange UpBit
The trading volume of XRP against the Korean won was the highest among all other counterparts .
XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.
XRP Short Traders Log Highest Losses in 2023 After Landmark Court Ruling
XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.
Ether Pushes Past $2K as Ripple's Partial Win Against SEC Invigorates Market
Several layer-1 tokens soared after the Ripple ruling ignited hopes of a favorable ruling in other SEC cases against crypto firms.
