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.


Videos

XRP Climbs for a Second Day

XRP tokens jumped for a second straight day, adding as much as 11% in the past 24 hours. They were buoyed by speculation that the classification of bitcoin and ether (ETH) as commodities in the U.S. Commodity Futures Trading Commission (CFTC) suit against Binance might mean XRP tokens are classified as commodities as well. Arca Chief Investment Officer Jeff Dorman discusses the recent surge and why DeFi protocols could provide investors with "downside protections."

Recent Videos

Markets

Bitcoin Regains $28K; XRP Surges for a Second Day

Classifying XRP as a commodity could mean Ripple wins its case against the SEC, which some traders may consider bullish for the token.

BBitcoin faces headwinds (Pixabay)

Videos

XRP Touches Five-Month High as Some Point to Bitcoin Commodities Mention

XRP tokens surged as much as 8% over the past 24 hours following a U.S. Commodity Futures Trading Commission (CFTC) filing against prominent crypto exchange Binance. However, a part of the bullish outlook came as some in the community said the classification of major tokens as a commodity in the CFTC filing against Binance could mean XRP tokens were, too, commodities instead of a security, as alleged by the U.S. Securities and Exchange Commission (SEC) in the ongoing Ripple v. SEC case.

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Videos

XRP Touches Five-Month High, Bucking Market-Wide Decline

XRP tokens surged to a five-month high in the past 24 hours to buck a market-wide decline following a U.S. Commodity Futures Trading Commission (CFTC) filing against Binance. However, a part of the bullish outlook came as some in the community said the classification of major tokens as a commodity in the CFTC filing against Binance could mean XRP tokens were, too, commodities instead of a security, as alleged by the SEC in the ongoing Ripple v. SEC case. DFD Partners President Bilal Little shares his analysis.

Recent Videos

Markets

XRP Surges to Five-Month High as Some Point to Bitcoin Commodities Mention

The U.S. Securities and Exchange Commission (SEC) accuses XRP of being an unregistered security in a court case that’s expected to be completed soon.

(Jesse Hamilton/CoinDesk)

Markets

XRP Token Surges on Positive Outlook in Ripple vs. SEC Case

The token's price has jumped 20% in the past 24 hours as Ripple defendants heralded a positive view in their case with the U.S. Securities and Exchange Commission.

(Getty Images)

Tech

XRP Ledger Proposes Cross-Chain Bridge to Increase Network and Token Utility

The proposal defines how funds are locked on one chain and wrapped on another chain to ensure the movement of tokens between XRP Ledger and associated sidechains.

Multichain is building bridges for shuttling crypto across networks. (Modestas Urbonas/Unsplash)

Videos

Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop

Bankrupt crypto lender Celsius Network secured approval to process certain customer withdrawals, several court orders filed on Tuesday show. The U.S. bankruptcy court also authorized eligible XRP holders to receive Flare tokens due under a prior agreement.

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Finance

Crypto Lender Celsius Wins Court Approval for Customer Withdrawals, Flare Token Airdrop

The U.S. bankruptcy court authorized eligible XRP holders to receive the Flare tokens due under a prior agreement.

Celsius thermometer (Unsplash/Modified by CoinDesk)

Markets

Flare Tokens Airdropped to XRP Holders After 2 Years, FLR Price Plummets

The airdrop was long awaited by the XRP community, with the project aiming to become a smart contract protocol that uses the XRP Ledger.

El lunes fueron distribuidos tokens flare a determinados usuarios de XRP. (Chris Briggs/Unsplash)