Tag Archive: XRP

  • The Great Ripple Debate: FinCEN Ruling Labels XRP a Currency, Not a Security Altcoin News, Bitcoin, News, News teaser, Ripple

    The Great Ripple Debate: FinCEN Ruling Labels XRP a Currency, Not a Security

    The US SEC has decided Bitcoin and Ethereum will not be regulated as securities but the debate continues to rage over Ripple, the third-largest cryptocurrency by market capitalization. Some argue US FinCen has already set a precedent for Ripple’s definition, which will mean the SEC must eventually follow suit. June has seen the US Securities and Exchange Commission (SEC) make clear that Bitcoin (BTC) and Ethereum (ETH) are not securities and will not be regulated

    · June 18, 2018 · 3:00 am
  • Ripple VP Calls for More Cryptocurrency Friendly Regulations in South Korea Altcoin News, Blockchain Technology, Emerging Markets, FinTech, News, News teaser, Ripple

    Ripple VP Calls for More Cryptocurrency Friendly Regulations in South Korea

    Eric van Miltenburg, the Senior VP of Ripple, believes that South Korea needs to relax some of its more stringent cryptocurrency laws. He made his views known in a recent phone chat with The Korea Times. He also said the emerging digital currency landscape could propel the country into becoming a global economic powerhouse. Encouraging the Nascent Cryptocurrency Market Miltenburg stated the need for cryptocurrency regulations that promoted the market rather than stifling its growth,

    · June 11, 2018 · 1:00 am
  • Altcoin News, Bitcoin, News, News teaser

    SEC ‘Underwhelmed’ by Lack of Enthusiasm for Regulation

    Cryptocurrency exchanges dealing with ICOs are now required to register with the SEC, though one director at the independent agency claims the response has been weaker than expected. He also noted that a statement on either Ethereum or Ripple will be coming in the future.  ‘We’re underwhelmed by the enthusiasm’ The US Securities and Exchange Commission (SEC) has already defined initial coin offerings (ICOs) as securities. In doing so, the independent regulatory agency requires cryptocurrency exchanges

    · June 8, 2018 · 3:00 pm
  • Altcoin News, Bitcoin, Companies, News, News teaser, Ripple

    Ripple CEO: Cryptocurrency Will See ‘Many Winners,’ Lawsuit is Outrageous

    Brad Garlinghouse — CEO of San Francisco-based real-time gross settlement system, currency exchange, and remittance network Ripple — believes Bitcoin is “not going to be the panacea that people once thought it would be,” and that his company’s in-house cryptocurrency, XRP, is superior. At the same time, however, he believes the cryptocurrency space will see many winners once the dust finally settles. ‘There will be many winners’ In an interview with CNBC earlier this week, Garlinghouse

    · June 7, 2018 · 9:00 am
  • Altcoin News, Blockchain Technology, News, News teaser, Ripple

    Ripple CEO: ‘Dozens’ of Major Banks Will Use XRP

    Ripple — a real-time gross settlement system, currency exchange, and remittance network — will supposedly have “dozens” of banks making use of its XRP-powered blockchain solutions in 2019.  ‘Major banks will use xRapid’ One of the biggest knocks against Ripple — the third-largest cryptocurrency by market capitalization — is that the San Francisco-based blockchain start-up provides very little use for its in-house cryptocurrency coin, XRP. Ripple’s CEO, Brad Garlinghouse, claims those fears are unfounded. According

    · June 6, 2018 · 11:00 am
  • Ripple Altcoin News, Altcoin Price, Altcoins, Markets and Prices, News, News teaser, Ripple

    Brian Kelly: Ripple Needs More Utility for XRP Prices to Increase

    Brian Kelly, the CEO of cryptocurrency trading firm BKCM, believes that investors are missing the bigger picture when it comes to Ripple. Speaking with CNBC, Kelly outlined the potential utility for both the Ripple Ledger and XRP. Ripple’s Utility in the Payments Arena The global payments industry is incredibly massive. Advances in cross-border payments and international banking systems have increased the total addressable market — with BKCM’s Brian Kelly claiming that the size of the

    · June 3, 2018 · 2:00 pm
  • Altcoin News, Bitcoin, News, News teaser, Ripple

    Ripple CEO: Bitcoin’s Dominance Over Altcoins May Soon End

    As anyone with altcoins in their portfolio knows, when the price of Bitcoin takes a hit, the rest of the cryptocurrency market gets hit harder. Likewise, when Bitcoin bounces, altcoins tend to outperform. The correlation between the market leader and its supplicants goes both ways — but Ripple CEO Brad Garlinghouse thinks that’s about to change.  An Irrational Market As the cryptocurrency market’s first and foremost cryptocurrency, Bitcoin determines price action for the wider altcoin market.

    · May 31, 2018 · 6:30 am
  • baseball home run Altcoin News, News, News teaser, Ripple

    ‘XRP is a Game Changer’ — Currencies Direct Successfully Completes International Payment Using Ripple’s xRapid

    Currencies Direct Ltd — a UK-based foreign exchange broker and international payment provider — has announced the successful completion of an international payment over Ripple’s xRapid platform. The transaction used Ripple’s scalable digital asset, XRP, and represents one of the first successful trials of a cryptocurrency by a mainstream financial services organization.  ‘XRP Is a Game Changer’ The successful international payment using XRP represents a positive move for the cryptocurrency market’s third-largest coin by market capitalization.

    · May 30, 2018 · 7:30 am
  • Ripple Announces Xpring Initiative to Build Ecosystem Around XRP Altcoin News, Blockchain Technology, News, News teaser, Ripple

    Ripple Announces Xpring Initiative to Build Ecosystem Around XRP

    Ripple continues to grow its empire with the official launch of Xpring, a new investment initiative that helps fund entrepreneurs in exchange for the utilization of XRP and the XRP Ledger. ‘We’re Uniquely Positioned to Support Entrepreneurs in a Meaningful Way’ Ripple — a San Francisco-based real-time gross settlement system, currency exchange and remittance network — has announced a new initiative, Xpring, “that will invest in, incubate, acquire and provide grants to companies and projects run by

    · May 14, 2018 · 1:00 pm
  • The Great Ripple Debate: FinCEN Ruling Labels XRP a Currency, Not a Security Altcoin News, Blockchain Technology, News, News teaser, Ripple

    Ripple Announces Positive First Pilot Results for xRapid

    Ripple, a real-time gross settlement system, currency exchange, and remittance network, has announced the results of its first pilot for xRapid — the company’s business solution for payment providers and financial institutions looking to expand their reaches into new markets with increased scale, speed, and cost efficiency.  Promising Results In its push to modernize financial services infrastructure via high-powered blockchain-powered solutions, improve the speed and cost of cross-border payments, lower barriers to financial inclusion, and

    · May 13, 2018 · 11:00 am
  • Luckchemy Inks Partnership with KrowdMentor Altcoin News, News, News teaser, Ripple

    Coinone Joins RippleNet Amid Claims That Ripple ‘Is Trying to Build a Private Central Bank’

    Ripple’s array of partners continues to expand as Coinone joins RippleNet. Another Day, Another Partnership According to an announcement from the Ripple team, Coinone Transfer — a subsidiary of Coinone — has officially joined RippleNet. The payments business is set to use xCurrent, Ripple’s increasingly popular blockchain solution for cross-border payments and settlement. Coinone is one of Korea’s largest exchanges for digital assets and is now poised to become the country’s first to utilize RippleNet.

    · May 9, 2018 · 5:00 pm
  • Ripple Outshines Bitcoin and Ethereum, Up Almost 4,000% Altcoin News, Altcoins, FinTech, News, News teaser, Ripple

    Ripple Slapped with Class Action Lawsuit from Disgruntled Investor

    A San Diego-based law firm has filed a class action lawsuit against Ripple accusing the crypto firm of violating both state and federal securities law. The suit alleges that Ripple investors have incurred losses due to company’s sale of XRP tokens. There continues to be an ongoing debate as to whether XRP tokens are securities. Details of the Ripple Lawsuit Taylor-Copeland law is the name of the law firm handling the case. According to a

    · May 4, 2018 · 6:00 pm
  • BANKEX Unveils First Blockchain-Based Public Access Clean Water System in Kenya Altcoin News, Altcoin Price, News, News teaser, Ripple

    Ripple Releases Performance Report for Q1 2018

    Ripple has published its performance report for the first quarter of 2018 on the company website. The San Francisco startup reported an increase in sales of XRP tokens. XRP Sales Performance Report for Q1 2018 Ripple sold $167.7 million USD worth of its XRP tokens in the first quarter of 2018. This represents an increase of 83 percent from the sales figures of the previous quarter. The Q1 2018 XRP sales outstrip the Q1 2017

    · April 27, 2018 · 9:00 pm
  • Luckchemy Inks Partnership with KrowdMentor Altcoin News, News, News teaser, Ripple

    Ripple Partners With 5 More European and Asian Companies

    Ripple, a San Francisco-based real-time gross settlement system, currency exchange and remittance network, has announced partnerships with five new European and Asian customers. FairFX (U.K.), RationalFX (U.K.), Exchange4Free (U.K.), UniPAY (Georgia), and MoneyMatch (Malaysia) will all use xVia to power frictionless payments over RippleNet. Adding Five More to the List xVia is a technological solution for corporates, payment providers and banks wishing to send payments across various networks using a standard interface. As explained by Ripple’s official

    · April 27, 2018 · 3:00 am
  • altcoins Altcoin News, Altcoins, Bitcoin, Markets and Prices, News, News teaser

    3 Altcoins Likely to Outperform Bitcoin for the Week of April 16

    This week has been very exciting with altcoins and bitcoin building momentum for a shift in market sentiment and crypto value. December until early April saw one of the largest corrections in Bitcoin’s history and the upcoming few months should present the perfect opportunity for a rebound of the cryptocurrency space. This week is very important for cryptocurrencies such as: Ripple (XRP), Komodo (KMD), and HireMatch (HIRE). For the first time in months, the news

    · April 15, 2018 · 1:00 pm
  • It's the SEC Stupid… Altcoin News, News, News teaser, Ripple

    Ripple Exec Says XRP is ‘Absolutely Not a Security’

    Following reports that popular US-based cryptocurrency exchanges Coinbase and Gemini turned down payments from Ripple to list the company’s XRP token, a top executive from the real-time gross settlement system, currency exchange, and remittance network has tried to set the record straight. The third largest cryptocurrency by market capitalization, Ripple (XRP), is not a security — at least, not in the minds of its parent company. In an interview with CNBC, Ripple’s chief market strategist, Cory

    · April 14, 2018 · 7:30 am
  • Ripple Announces Xpring Initiative to Build Ecosystem Around XRP Altcoin News, News, News teaser, Ripple

    Ripple Invests $25 Million XRP into Blockchain Capital Venture Fund

    Ripple continues to throw its own in-house cryptocurrency around like it has an unlimited supply — which isn’t too far from the truth. Pocket Change The fintech startup — known for its a real-time gross settlement system, currency exchange, and remittance network — has invested $25 million of its own digital currency (XRP) into “a dedicated sidecar vehicle alongside Blockchain Capital’s fourth venture fund,” as reported by Fortune. Ripple’s investment follows last month’s announcement that

    · April 12, 2018 · 8:30 am
  • Altcoin News, Bitcoin, Ethereum, News, News teaser, Ripple

    Bitcoin, Ether, XRP ‘Have No Intrinsic Value,’ Because Bert Ely Says So

    Bert Ely, an attention-seeking financial expert who has been referred to as “The King of Quotes,” has thrown some more of his stereotypical alarmist opinions in the direction of Bitcoin and other leading cryptocurrencies. This time, he’s gone so far as to claim that they have ‘no substantive or intrinsic value’ — even though they clearly do. ‘No Rational Justification’ Sometimes, it’s hard to tell if Bert Ely is serious. You may recognize the name

    · April 11, 2018 · 10:30 am
  • The Great Ripple Debate: FinCEN Ruling Labels XRP a Currency, Not a Security Altcoin News, News, News teaser, Ripple

    Here’s the Real Reason Why Coinbase & Gemini Won’t List Ripple (XRP)

    Ripple has certainly signed no shortage of deals over the past few months. Two deals the company hasn’t been able to sign, however, are with two of the United States’ largest cryptocurrency exchanges — Gemini and Coinbase. Too Risky Ripple may be making friends all over the world, but it’s been unsuccessful gaining traction on US-based exchanges. According to Bloomberg, four unidentified insiders, who are knowledgeable of the situation, claim Ripple offered financial incentives to

    · April 5, 2018 · 9:00 am
  • Ripple Announces Xpring Initiative to Build Ecosystem Around XRP Altcoin News, News, News teaser, Ripple

    Uphold Adds Ripple (XRP) Buy / Sell Options to Its Digital Money Platform

    Uphold, a cloud-based digital money platform enabling users to buy, hold, convert and transact various currencies, commodities, and cryptocurrencies, has now launched the trading of Ripple’s XRP. Uphodl XRP Uphold users are now able to purchase XRP directly from the website with no transaction fees for the first 5 million XRP purchased, and they may convert the cryptocurrency into seven other cryptocurrencies, 23 fiat currencies, and four precious metals. In a press release published earlier today,

    · March 28, 2018 · 2:00 pm
  • Altcoin News, News, News teaser, Ripple

    Ripple Donates $29 Million XRP to US Public Schools

    Ripple, a leading real-time gross settlement system, currency exchange, and remittance network, has announced its $29 million donation in support of public schools in the United States. Helping Educators Inspire the Next Generation Ripple, home to the third largest cryptocurrency by market capitalization and founded by one of the wealthiest individuals in the world, has generously donated $29 million to support public schools in the United States. “Every Rippler, from the executive team to our newest

    · March 28, 2018 · 4:15 am
  • BANKEX Unveils First Blockchain-Based Public Access Clean Water System in Kenya Altcoin News, News, News teaser, Ripple

    Ripple Co-Founder: Company’s Centralization ‘Should Be Concerning for People’

    According to Ripple co-founder Jeb McCaleb, both cryptocurrency and blockchain technology are in need of a decentralized network if they hope to be successful in the long run. He also thinks investors should be concerned with Ripple’s centralized nature. Decentralization is Key Ripple co-founder and Stellar creator Jeb McCaleb thinks cryptocurrency needs a decentralized network which anyone can participate in if it is to survive the test of time. He told CNBC’s Fast Money: The

    · March 24, 2018 · 1:00 pm
  • 3 problems with Ripple Altcoins, News, News teaser, Op-Ed, Ripple

    3 Big Problems Ripple Investors Can No Longer Ignore

    While Ripple is “not a bad investment” right now, major challenges exist when it comes to long-term prospects for its bank-oriented digital token (XRP), according to Weiss Ratings. 2 Dilemmas for Ripple’s XRP Token… Independent ratings agency Weiss Ratings began listing cryptocurrency grades since January of this year. While Bitcoin’s relatively low grade of a C+ (recently upgraded to a B-) received most of the attention, the agency also graded many other cryptocurrencies, helping investors

    · March 21, 2018 · 6:30 am