XRP
XRP is the native cryptocurrency for the Ripple distributed ledger payment network. XRP acts as a bridge currency to other currencies. Ripple operates on an open source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, whether it is fiat or cryptocurrency.
SBI Remit Expands Ripple XRP Based Remittance Services
SBI Remit expands XRP-based remittance services to Philippines, Vietnam, and Indonesia, integrating Ripple Payments and TRANGLO for real-time, low-cost international payments, accelerating adoption in Southeast Asian markets.
Binance Adds DOGE, XRP, SOL to FDUSD with Zero Maker Fees
Binance introduces five new trading pairs, including DOGE/FDUSD and SOL/FDUSD, and offers zero maker fees on FDUSD pairs until further notice, potentially increasing liquidity and trading volumes, with TRY as part of TOMO/TRY and UNFI/TRY pairs.
Ripple Alert: Over 400M XRP Moved from Bitvavo-Connected Wallet
Whale Alert reported a $214.3 million XRP transaction on September 1, 2023, executed on the Ripple blockchain, causing widespread speculation and prompting Bitvavo, the Netherlands' largest cryptocurrency exchange, to reorganize its wallets.
Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume
Bithumb Korea reported a Q2 operational loss of KRW 3.442 billion in 2023, down from a KRW 38.42 billion profit last year. The decline is attributed to reduced crypto trading volumes and fee income. The exchange is now offering no-fee events to boost activity.
Gemini Is Giving Away 4,000 Ripple XRP Every Day at 3 pm EST
Gemini is hosting an XRP giveaway, dubbed the 'XRP Faucet,' from Aug 11-18, 2023. Eligible U.S. residents with verified accounts can participate daily.
Ripple CEO Criticizes SEC's Use of Quarterly XRP Report in Lawsuit
The Chief Executive Officer of Ripple, Brad Garlinghouse, expressed his hatred for the United States Securities and Exchange Commission (SEC) on August 2, 2023.
Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products
Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.
Ripple's XRP Ledger Distributes $1.6M in Wave 5 Grants
XRP Ledger Foundation awards $1.6M to 15 projects in Wave 5 of XRPL Grants. Awardees, from 14 countries, aim to accelerate XRP Ledger adoption with use-cases in Web3 finance, transaction facilitation, and more.
Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory
Ripple expects U.S. banks to adopt its XRP for cross-border payments following a ruling that it's not necessarily a security.
Former SEC Officer Analyzes Ripple's Momentary Celebration in SEC Lawsuit
Former SEC Officer, John Reed Stark, analyzes Ripple's legal victory against the SEC, describing it as a momentary celebration and predicting a likely appeal.