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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.
Market Wrap: Bitcoin Bounces to $54K as Ether Fees Drop Below Average in Past Week
Bitcoin’s recovery may spark momentum that should persist this week, said one trader.
Market Wrap: Bitcoin Steadies After $300B Market Cap Dump on Taxation Trepidation
Analysts pointed to the Biden proposal to double capital gains taxes on high-income individuals as the catalyst.
Market Wrap: Bitcoin Recovers From Sunday Slump to $56K as Doge Jumps 19%
Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.
Crypto Fund Inflows Accelerated to $233M Last Week, Most Since Early March
Investor appetite for digital asset investment products increased last week, with strong interest in XRP.
Dogecoin Eclipses XRP as 4th Largest Cryptocurrency Ahead of 'Dogeday'
Dogecoin briefly replaced XRP as the fourth-largest coin early Monday.
SEC Causing ‘Confusion’ Over Digital Currencies in Legal Case With Ripple: WSJ Editorial Board
Regulators are “creating danger” for investors in their inconsistent approach to determining how to treat cryptocurrencies.
Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto as Bait
The DeFi wave continues to rise in Asia: XRP dives deeper into DeFi with Wanchain integration while a top bank in Thailand ventures into the nascent ecosystem and more cases of online fraud are found in Hong Kong. The suspects are believed to have used false promises of crypto investments to lure their victims.
Bitcoin Dominance at 2-Year Low as XRP, Binance's BNB Rally
Bitcoin prices have doubled this year, but several major altcoins have risen by many multiples.
XRP Doubles in 7 Days, Heads for Biggest Weekly Gain Since December 2017
The token used in Ripple Labs' payment network has climbed sixfold this year as some traders look through the SEC case and analysts see bullish patterns in price charts.
Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
