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.


Markets

Galaxy's Novogratz: XRP Will 'Underperform Immensely Again This Year'

XRP will have another lackluster year in 2020, Galaxy Digital CEO (and Ripple shareholder) Mike Novogratz told a roomful of financial advisers.

Michael Novogratz of Galaxy Digital

Finance

Financial Firm SBI Holdings to Offer XRP Cryptocurrency as Shareholders' Benefit

Japan's crypto-friendly financial firm SBI Holdings will give shareholders the option to receive the XRP cryptocurrency as a benefit.

SBI Holdings

Finance

Ripple Reports Selling Just $13M of XRP Last Quarter

Ripple sold $13 million in XRP last quarter – down 80 percent from its Q3 sales of $66.24 million.

xrp, vias

Markets

BitMex to Launch XRP Swaps, Delist 2 Other Derivatives

BitMEX is releasing an XRP-U.S. dollar quanto swap targeted at crypto’s budding derivatives market.

XRP

Markets

Merchants Can Now Accept XRP via Crypto Payment Processor BitPay

If $XRP is burning a hole in your pocket you can now spend it at retailers served by BitPay (along with $BTC, $BCH or $ETH)

BitPay CEO Stephen Pair

Markets

Ripple Files Last Bid to Dismiss XRP Securities Lawsuit Before Court Meeting

Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing.

Ripple CEO Brad Garlinghouse

Finance

Ripple Finalizes $50 Million MoneyGram Investment

Ripple now owns nearly 10 percent of MoneyGram's outstanding common stock after completing its $50 million equity investment.

Ripple CEO Brad Garlinghouse

Finance

XRP Is Used in Crime, But Far Less Often Than Bitcoin, Elliptic Says

Criminals have used XRP to carry out their illicit activities, though hardly to the same degree as bitcoin, according to a new report from blockchain sleuthing firm Elliptic.

(FBI/Wikimedia Commons)

Markets

Investor Lawsuit Argues Ripple Still Has to Answer Over Ongoing XRP Sales

Ripple's argument that an XRP holder waited too long to file suit has no precedent, a new legal filing claims.

Ripple CEO Brad Garlinghouse. (Christopher Michel/Wikimedia Commons)

Markets

What’s Next in the Securities Case Against Ripple Over XRP

Ripple has strong defenses against a lawsuit alleging it violated securities laws by selling XRP, but the road ahead is long, legal experts said.

brad garlinghouse