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.


Policy

Ripple CEO Warns SEC May Sue Company Over XRP Sales

"It’s an attack on the entire crypto industry and American innovation," Brad Garlinghouse said in a statement.

Ripple CEO Brad Garlinghouse

Markets

Market Wrap: Bitcoin Dumps to $21.9K; ETH 2.0 Affected Ether Locked in DeFi

Bitcoin dipped Monday as some liquidations took hold while Ethereum 2.0 dynamics have influenced the amount of ether locked in DeFi.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Pushes Past $23.7K While Crypto Locked in DeFi at All-Time High

Bitcoin’s price is setting records again Thursday as decentralized finance may be overlooked in a heated crypto market.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Solidly Trades Above $20K; Ether Jumps on Positive BTC, CME’s New ETH Product

Bitcoin is now solidly above $20,000 and a short supply and rising demand could push the price higher.

Bitcoin prices, Dec. 15 to Dec. 16, 2020.

Markets

Market Wrap: Bitcoin Tests $19.5K; Ether Options Interest in Doldrums

Bitcoin continues to appreciate in price as ether options interest wanes after a hot November.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price

Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.

CoinDesk 20 Bitcoin Price Index

Finance

Coinbase to Support Spark Token Airdrop to XRP Holders

Coinbase announced Saturday it plans to support an airdrop that has been seen as a factor in boosting XRP’s price.

Flare Network's Spark token appears to be coming to Coinbase.

Markets

Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops

Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.

CoinDesk 20 Bitcoin Price Index

Markets

Ripple CTO Says Majority Vote Would Force the Burning of Billions in XRP

The Ripple exec was responding to a question asking whether a majority vote could force the destruction of XRP held in escrow.

Ripple Chief Technology Officer David Schwartz