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.


Opinion

Chris Larsen’s Plan to Greenify Bitcoin: Risky, Impractical and Maybe Nonsensical

As he strides away from the wreckage of Ripple, bags full to bursting, Larsen thinks he knows what’s best for the coin he failed to replace.

Ripple co=founder Chris Larsen is launching a PR campaign to make bitcoin greener by changing its security model. Bitcoiners see it as the latest in a long line of attacks. (Malte Mueller/Getty Images/fStop)

Markets

This Tiny Blockchain Startup’s Tangle With SEC Could End Up as Landmark Case

Whether LBRY’s tokens are deemed securities could set an even bigger precedent than Ripple’s higher-profile SEC suit.

LBRY has likened the SEC's pursuit to that of the relentless French inspector Javert from Les Miserables. (Gustave Brion via Wikipedia, modified by CoinDesk)

Markets

Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months

A net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.

A net $127 million of inflows into digital-asset funds last week was the highest in almost three months. (CoinShares)

Markets

Market Wrap: Bitcoin Decouples From Stocks Ahead of Seasonally Weak March

Bitcoin and ether were up 5% over the past 24 hours, while stocks closed lower.

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Markets

Market Wrap: Cryptos and Stocks Rise on Possibility of Russia-Ukraine Talks

Some traders expect the price bounce to be short-lived amid geopolitical uncertainty.

Ukrainian President Volodymyr Zelensky

Markets

SOL, XRP Lead Altcoin Tumble as US Inflation Jumps to 40-Year High

Major altcoins could see further declines if they lose important support levels, traders said.

(Shutterstock)

Markets

Market Wrap: Cryptocurrencies Pull Back in Light Trading

"We aren't out of the woods yet," one analyst said; meanwhile, ETH is starting to underperform BTC.

(Shutterstock)

Markets

XRP Climbs 22% Amid Developments in Ripple v. SEC Case

The payments token regained a market cap of $40 billion, moving above Cardano's ADA and Solana's SOL.

(Shutterstock)

Markets

Market Wrap: Bitcoin Rally Strengthens as Trader Sentiment Improves

BTC gained 6% in the past 24 hours, although trading volume remained low.

(Sebastian Grochowicz, Unsplash)