Ripple Partners with Blockchain Founders Fund to Accelerate Web3 Adoption
Ripple, a leader in enterprise blockchain and crypto solutions announced today that it has made a strategic investment into Blockchain Founders Fund (BFF), a Singapore-based early-stage Venture Capital Fund that focuses on top-tier Web3 startups globally. The investment is part of Ripple’s efforts to accelerate the adoption of blockchain technology globally. The funding will be […]
Cryptocurrency Mining in Bitcoin Hits All Time High
USA News Group – Back in 2019, Ripple CEO Brad Garlinghouse made the infamous prediction that Bitcoin (BTC) wouldn’t win worldwide adoption because “Bitcoin is really controlled by China.” Flash forward to 2021, where Bitcoin now is hitting all-time highs and gaining legal tender status, and China has enacted a comprehensive crackdown on cryptocurrency, allowing […]
Ripple’s CEO Worried About Regulatory Backlash Over Facebook’s Libra Plan
Brad Garlinghouse, chief executive officer of crypto currency company Ripple, says he’s worried Facebook’s plans to enter the arena with its Libra digital coin will provoke harsher regulation of the entire sector. “You just want to make sure that you don’t get caught in the crossfire,” Garlinghouse said in an interview with Fortune in London […]
XRP and xRapid Success Disprove Critics
Sometimes back, news had it that Ripple may be in advanced stages preparing to roll out a product called Convergence. By integrating xCurrent, xRapid and xVia, into one seamless format, clients would conveniently ride on a certified secure and fast network. Though there was no official collaboration from Ripple endorsing comments from the Director of […]
Ripple Price Analysis: XRP at Potentially Key Turning Point
Yesterday, we saw a decent upside recovery above the $0.3250 resistance in ripple price against the US Dollar. The XRP/USD pair even traded above the $0.3300 resistance area. A new weekly high was formed at $0.3384 and later the price corrected lower. It declined below the $0.3300 support and the 100 hourly simple moving average. […]
Ripple Price Analysis: XRP Bearish Below 40 Cents, NY Ready to Explore
Enthusiasts often paint a rosy picture on the burgeoning internet of value claiming it will disrupt and eventually replace centralized set-ups. But before this come to pass, the community understands that education and general awareness is key. It is for this reason that Ripple has so far donated $80 million to various causes. On their […]
Ripple Price Analysis: XRP Broke Key Support, More Losses Ahead
After struggling to clear the $0.4000 resistance, ripple price started a downside move against the US Dollar. The XRP/USD pair declined heavily and broke the $0.3800 and $0.3550 support levels. There was even a close below the $0.3600 level and the 100 hourly simple moving average. Finally, the price broke the $0.3440 support and traded […]
Coinbase Launches Trading Desk For Institutional Investors
OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients. “We launched our OTC business as a complement to our exchange business because we found a lot of institutions were using OTC as an on-ramp for crypto trading,” said Christine […]
Malaysia’s CIMB, Ripple Partner in Cross-Border Payments
Malaysian lender CIMB Group Holdings Bhd. is signing on to the cross-border payments network run by blockchain technology firm Ripple, the two companies said Thursday. Ripple’s technology will be used in CIMB’s SpeedSend remittance product, according to a joint press release. SpeedSend is available in various Southeast Asian markets, including the Philippines, Vietnam and Thailand, […]
CEO Ripple Labs: Ripple Is Aiming to Overtake SWIFT
Ripple Labs Inc., the blockchain startup whose digital money is often used as a proxy for other cryptocurrency payments, is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, Chief Executive Officer Brad Garlinghouse said to Bloomberg. The Swift, an acronym for the Society for Worldwide Interbank […]
Ripple (XRP) Drops 3%
Earlier today, on October 2, Ripple Labs introduced three partnerships with major banks including the $80 billion banking giant Banco Santander. One Pay FX, a platform operated by Banco Santander, became the world’s first mobile application for cross-border payments powered by RippleNet. Subsequent to the announcement, the price of XRP declined by around 3 percent. […]
AlphaWallet Announced to Launch First Open Class Blockchain Decalogue
Singapore based blockchain startup, AlphaWallet, hopes to change this and get you talking like a pro at your next bbq with friends. They are releasing their first open class, ‘the Blockchain Decalogue: what would Weiwu say on blockchain‘, consisting of 10 epic talks designed to get you fired up and fluent in the fintech scene. AlphaWallet’s CTO […]
Cryptocurrency Coalition Plans to Pay US Lobbyists in Digital Coins
A group of financial technology companies is banding together to lobby lawmakers and regulators on cryptocurrencies — and they plan to pay their Washington advocates partly in digital coins. The firms, all based in the San Francisco area, include digital money transfer company Ripple and several startups. They’re announcing Thursday that they’ve started a coalition […]
SBI Holdings and Ripple Wins Payments License for MoneyTap App
A joint venture between SBI Holdings and Ripple has moved a step closer to launching its blockchain-based payments app for consumers. SBI Ripple Asia announced Wednesday it has completed registration with the Kantou bureau of Japan’s Ministry of Finance as a licensed agent for handling electronic payments. The move clears the regulatory path for SBI […]
Ripple Tanks 15% as Crypto Market Deletes $13 Billion
˜XRP, the native currency of Ripple, has plunged by 15 percent as $13 billion was wiped out of the crypto market. Volume of Bitcoin has declined from $5.3 billion to $4.2 billion within a 24 hour period, while the volume of Ripple dropped by more than 60 percent from $2 billion to $800 million. Even […]
