[ad_2][ad_1] Ripple’s previous business model, which involves close collaboration with banks and the lead role of cross-border payments, doesn’t work very well. Santander, the Spanish bank that uses Ripple to make and settle international payments, said it will no longer use XRP, arguing that the digital currency is not actively …
Read More »Ripple aims to become the Amazon of the cryptocurrency world
[ad_2][ad_1] The much-discussed blockchain company Ripple is now planning to expand its use case far beyond simply simplifying cross-border payments in partnership with domestic and international banks. Ripple had focused its efforts solely on cross-border payments for the past five years when Brad Garlinhouse joined the company as chief executive. …
Read More »Ripple reports a 1.760% increase in XRP sales in the second quarter of 2020
[ad_2][ad_1] Citibank analyst Tom Fitzpatrick validated his bias using advanced technical analysis on the world’s flagship cryptocurrency, anticipating that Bitcoin will skyrocket to $ 318,000 by December 2021. The best banker further explained why Bitcoin is poised to be the clear winner in a world struggling with the economic and …
Read More »Ripple released 1 billion XRP; here’s what it means
[ad_2][ad_1] The third most valuable cryptocurrency by market value, XRP has become a favorite with institutional investors lately, suggesting that there may be more than meets the eye. The data, however, retrieved by Whale Alert revealed that a large entity moved 119,999,980 XRP (75,551,782 USD) from an unknown wallet to …
Read More »US Court Rejects Charges Against XRP: Report Shows Ripple Paid Moneygram $ 15.1 Million In Second Quarter
[ad_2][ad_1] The Northern California District Court finds that the claims against Ripple Labs and its token filed by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, disgruntled investors wanted the court …
Read More »Whales are buying XRP, Ripple becomes the third most valuable cryptocurrency in the world
[ad_2][ad_1] The world’s flagship cryptocurrency lost over $ 1,000 in less than 24 hours due to the bullish trend unfolding in the world’s most valuable crypto market. What we know: At the time of this report’s presentation, Bitcoin’s price was trading at $ 17,553.85 with a daily trading volume of …
Read More »Veteran analyst Peter Brandt despises ‘XRP’s Bag Holder,’ compares Ripple to the Fed
[ad_2][ad_1] Veteran trader Peter Brandt beat out the XRP digital currency on Thursday and pitted crypto token firm Ripple against the US Federal Reserve. Brandt said he believes the company behind the coin will double the supply of tokens, and doesn’t understand why “otherwise smart people” have been drinking “XRP-Kool-aide”. …
Read More »Ripple likely sold XRP in an unregistered stock offering
[ad_2][ad_1] In recent months, a series of lawsuits have been filed against Ripple for selling its XRP token in an unregistered stock offering. So far, the US Securities and Exchange Commission hasn’t released any official statement on the matter, which has everyone guessing. To help end the uncertainty, Chris Giancarlo, …
Read More »Ripple releases 1,000,000,000 of XRP | Nairametrics
[ad_2][ad_1] Popular payment-based cryptocurrency firm Ripple, which controls the fourth most valuable cryptocurrency by market capitalization, recently unlocked 1 billion XRP, worth approximately $ 177.6 million, from an escrow account. Whale Alert monitored this movement, which occurred in two different 500 million XRP transactions, in real time. 🔓 🔓 🔓 …
Read More »Former CFTC President Says Ripple’s XRP Cryptocurrency Is Not A Stock, But Ripple Is His Client
[ad_2][ad_1] Christopher Giancarlo, the former chairman of the Commodity Futures Trading Commission, caused a sensation last week when he co-authored an article in the International Financial Law Review arguing that XRP cryptocurrency does not qualify as a stock, and therefore “shouldn’t be. regulated as a security, but instead considered a …
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