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All posts in "Ripple"

XRP Pump Fails to Materialize as Price Crashes 40% From Day’s High

XRP has crashed hard from two-month highs reached early Monday, with a planned community buying effort failing to yield desired results.  The cryptocurrency is trading near $0.42 at time of writing – down 40% from the high of $0.75 reached at around 11:10 UTC, according to CoinDesk 20 data.  A coordinated buying effort by some 200K members of […]


Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP

What happens when a cryptocurrency once positioned as a regulator-friendly alternative to bitcoin gets heat from regulators? Exchanges that trade XRP are about to find out. U.S.-based cryptocurrency exchanges have to consider whether to delist XRP in light of a Securities and Exchange Commission (SEC) lawsuit alleging it is an unregistered security issued by Ripple Labs […]


Cryptocurrency XRP Plunges 25% After SEC Files Lawsuit Against Ripple

The price of XRP plunged again Wednesday after the U.S. Securities and Exchange Commission filed a lawsuit alleging that Ripple, a blockchain company with ties to the cryptocurrency, conducted a $1.3 billion unregistered securities offering. XRP sank nearly 25% to around 35 cents Wednesday morning, according to data from cryptocurrency market site CoinDesk. The virtual currency […]


Former JPMorgan Exec Joins Ripple’s Board

Sandie O’Connor, the former chief regulatory affairs officer at banking giant JPMorgan Chase, is joining Ripple’s board of directors. According to a Ripple blog post published yesterday, O’Connor will “provide counsel on key government relations and regulatory initiatives” as part of her role on the board. O’Connor worked at JPMorgan for 31 years, serving as chief […]


Ripple Price Continues to Whipsaw As Cryptocurrency Market Bleeds

Ripple price continues to experience with sauce is Tuesday as the cryptocurrency market continues to bleed ahead of the US election. Ripple price has a positive correlation with bitcoin prices. In the last 24 hours, Bitcoin prices have found it challenging to cross the 13800 resistance level. As bitcoin prices continued to experience choppy movements, […]


XRP May Be Primed for a “Massive Breakout” After Reclaiming Crucial Levels

XRP has been closely tracking Bitcoin and the other major altcoins throughout the past few days. Although this helped provide it with some slight momentum earlier this week, it has since caused it to see some notable downside, as the aggregated crypto market is beginning to show some signs of weakness. That being said, there are a […]


Ripple Aims to Become the Amazon of the Cryptocurrency World

The much-debated blockchain firm Ripple is now planning to expand its use case far beyond just streamlining cross-border payments in partnership with national 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 the chief executive officer. Despite their unprecedented success as a […]


Why Is XRP Crashing? Data Shows Ripple Is Flooding the Market

Ripple, and its XRP token, is one of the oldest projects in the cryptocurrency space, forming in 2012. Ripple’s value proposition was appealing to banks and settlement systems⁠—offering to increase efficiency and cut costs with their solution.  The company’s token, XRP, boasted low fees and fast transaction times, placing the altcoin in direct competition with expensive […]


Visa Seeks Ethereum And Ripple Devs For Global Blockchain Payments

Visa is on the lookout for Ethereum developers to help build a global blockchain payments network. According to a job advertisement by the payment processing giant on its New Zealand site, the company is looking for a “strong developer experienced with Ethereum and blockchain architecture” to join its Global Commercial Payments team, working on distributed applications.“Our […]

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