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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.
Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit
Data and traders reveal the source of XRP's recent price rally could be Asia.
Ripple 'Tried' to Settle With SEC Ahead of XRP Suit, CEO Says
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.
Market Wrap: Bitcoin Reaches $40.3K While DeFi Value Locked Inflates to Over $22B
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
XRP Climbs Back up Crypto Rankings With Near 50% Rise
With the sudden rise, XRP has replaced litecoin as the fourth-largest cryptocurrency by market cap.
Crypto Broker Voyager to Suspend Trading of XRP
Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.
Market Wrap: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a Day
Bitcoin breaks $34K while ether futures continue to gain steam.
Tetragon Sues Ripple to Force Stock Redemption
Tetragon was one of Ripple Labs' big financial backers.
Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit
Grayscale announced it ditched XRP on Dec. 31. Additionally, the firm's XRP Trust stopped accepting new subscriptions on Dec. 23.
Market Wrap: Bitcoin Closes 2020 Near Record Highs
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
EToro USA Becomes Latest Exchange to Suspend XRP Trading
The U.S. division of eToro is suspending XRP trading after an SEC suit against Ripple Labs alleges the token is a security.
