Ripple‘s XRP token has been one of the poorest performers in the top ten cryptocurrencies in the market. XRP has shed more than 60% of its market cap year-to-date. However, XRP price’s sudden surge over the last few days has drawn investor attention back to the third-largest cryptocurrency.If we look at the weekly chart of CoinMarketCap, we can see that XRP has jumped by over 10% in just the last three days. At press time, XRP is trading at $0.27 with a market cap of just above $12...
Read More »Ripple Files Motion for Court to Toss XRP Securities Lawsuit
Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that Ripple violated securities laws during the initial offering of the token; stating that XRP was intrinsic to Ripple's operational integrity. The relationship between XRP and Ripple has...
Read More »Ripple Sends 100 Million XRP to Stellar Founder & ‘XRP Army’ Is Furious
When crypto giant Ripple sent 100 million XRP to Jed McCaleb, the transaction did more than just make its long-departed co-founder $26 million richer. | Source: ShutterstockWhen crypto giant Ripple sent 100 million XRP to Jed McCaleb over the weekend, the transaction did more than just make the project's long-departed co-founder $26 million richer. It also sent the so-called "XRP Army" into a tizzy.Why Ripple Is Paying XRP to a Rival Cryptocurrency's FounderMcCaleb, who had a messy breakup...
Read More »