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

Trump's Strategic Crypto Reserve is a Positive, Market Has Got it Wrong, Bitwise Says

The final reserve will be almost entirely bitcoin and will be larger than people think, the report said.

Ether spot ETFs likely to attract $15 billion of net inflows in first 18 months: Bitwise. (CoinDesk)

Markets

XRP Hitting $5 Gets Millions in Bets But There Is a Catch

Most of these are covered calls, Deribit's Asia business development head said.

XRP options: Distribution of open interest. (Deribit)

Markets

ADA, XRP, SOL Dive 21% to Reverse All Gains From Trump’s Strategic Reserve Plans

The sharp reversal aligned with a cautious mood among traders after Monday’s market rally following the ambitious plan, as a CoinDesk analysis previously noted.

President Donald Trump (TheDigitalArtist/Pixabay)

Markets

XRP Takes a Breather After Running to $3 as Trump's Crypto Reserve Takes Shape

Prices have pulled back to the descending trendline from Jan. 16 highs.

CoinDesk

Markets

ADA Rockets 60%, XRP Up 25% on Trump's Reserve Plans, But Traders Aren’t Fully Bullish Yet

Trump is scheduled to hold the first Crypto Summit at the White House on Mar.7, where he is expected to share further plans on how crypto regulations and businesses will be supported in the country.

Ether bears have an upper hand following the trendline break (Shutterstock)

Markets

XRP, SOL, ADA's Coinbase Premium Surges to One-Month High After Trump's Crypto Reserve News

Tokens traded at a notable premium on Coinbase relative to Binance after Trump announced plans for establishing strategic crypto reserve.

Coinbase app opening screen on mobile phone (appshunter.io/Unsplash)

Markets

XRP, DOGE Plunge 10% as Fresh Trump Tariffs Hit China Markets

Overall crypto market capitalization fell 8% to $2.7 trillion, reversing all advances since Republican Donald Trump was elected U.S. president in early November.

People taking a plunge. (Mike Powell/Getty Images)

Finance

South Korea’s BDACS to Use Ripple Custody for Institutional XRP, RLUSD Holdings

The collaboration aims to bolster Ripple’s ecosystem, enhance RLUSD adoption, and tap into Korean port city Busan’s blockchain-friendly economic zone.

Ripple CEO Brad Garlinghouse at Korea Blockchain Week. (Parikshit Mishra/CoinDesk)

Markets

Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware

Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.

Up and Down (CoinDesk archives)