Ripple CEO Brad Gralinghouse has lashed out at Novogratz’s comment on XRP. Galinghouse said that so far in 2020, XRP has successfully managed to outperform Bitcoin. He also pointed out some of Novogratz’s failed predictions from the past.Ripple‘s XRP cryptocurrency remains in the news after it jumped 20% in the last seven days with a sudden volume surge. XRP, the world’s third-largest cryptocurrency has been the talk of the town after its poor show in 2019.While almost all other top-ten...
Read More »Ripple’s XRP Underperformance in 2020 Is Highly Likely, Says Mike Novogratz
While some experts are rather bullish about the performance of Ripple’s XRP in 2020, Mike Novogratz believes that the coin will underperform again this year.XRP’s underperformance in 2020 is likely. It is the world’s third-largest cryptocurrency by capitalization. But by this moment, it has failed to meet expectations. Many in the crypto space are even wondering if the cryptocurrency token deserves mention. The past few years have been harsh for XRP price. Some experts are laying blame on...
Read More »XRP is a Scam, Claims Bitcoin Bull Ben Askren
As cryptocurrencies have grown, and people started to invest (and earn) bigger amounts of money, of course, that the regulators saw their chance to take something for themselves. By saying ‘something’ – it is usually meant of tax. One of the biggest regulatory arguments in the cryptocurrency space is concerning the legal status of digital assets. The regulators always want to describe every digital asset as a security or a commodity because then, they could tax it.However, XRP is one of the...
Read More »XRP Price Could Reach $14 Breaking Out from Two-Year Bear Market
XRP, that is widely used by Ripple Labs in its advanced solutions, is on the verge of breaking out from the downtrend resistance that got it hooked at low prices for more than two full years of the bear market.The crypto world has been dominated by headlines of the imminent rise of the XRP within the last couple of hours. People are anticipating a breakout from the asset that could produce a huge shock to the crypto market with fast and massive gains that could raise the XRP price to as high...
Read More »Ripple’s IPO May Ruin XRP Price, Experts Warn
Off lately, the San Francisco-based blockchain startup Ripple has been frequent in news. Ripple CEO Brad Gralinghouse has been much vocal about his company’s plans for 2020 and ahead.During the last week’s World Economic Forum 2020, the U.S. Treasury Secretary Steven Mnuchin expressed confidence in the development of new cross-border payment systems. Post Mnuchin’s statement, Ripple CEO Brad Garlinghouse also said that this could turn positive in favor of the company.Ripple has been actively...
Read More »Ripple Is Getting Ready to Launch Xumm Banking Application
Ripple’s Xpring initiative XRPL Labs is getting ready to launch its Xumm banking application. The app will allow users to store fiat and digital currencies in the wallet account, without any intervention from banks. In other words, Xumm offers banking services without banks getting involved.Xumm banking application is powered XRP, the token that is widely used in Ripple’s solutions. Notably, it will be available for all kinds of users. Easy to use, the app requires no special knowledge with...
Read More »Ripple Describes Future of Payments for 2020, XRP Poised to Benefit
Ripple has said that blockchain technology and other fintech solutions will usher in the future of payments in 2020. In an official publication posted on Thursday, the company explains what the future of payments will look like. The publication also details events that are likely to unfold this year and how new technology will lead the way.In the Future Payments Will Be Faster and SmallerRipple is stressing that as time goes on, financial institutions and payment companies will have to...
Read More »Ripple CEO Brad Garlinghouse Hints at IPO in 2020, Says More Crypto Firms Can Do the Same
In a major revelation, Ripple CEO Brad Garlinghouse hinted that the blockchain startup can go for an IPO this year. On Thursday, January 23, while speaking at the World Economic Forum in Davos, Garlinghouses surprised the audience with his statements.He predicts that in 2020, more companies from the blockchain and crypto industry are likely to go hold their IPOs. Besides, he also hinted that Ripple could one of those companies seeking an Initial Public Offering (IPO). During an interview with...
Read More »Ripple Secures Highest Funding in Blockchain Industry in 2019, Overall Funding Down
Ripple Labs, the San Francisco-based blockchain startup, secured the highest funding in comparison to other peer blockchain companies in 2019. The latest report from CB Insights shows that Ripple raised $200 million in the Series C round last year.Among the companies that follow Ripple on the list are Figure Technologies, Digital Asset and PeerNova. However, the gap between the first and second positions is significant. However, even Ripple’s $200 million is a very small amount in comparison...
Read More »Ripple’s XRP Sales Declined by 80% in Q4 2019, Will It Affect XRP Price?
Prominent blockchain payments firm Ripple has published its latest quarterly XRP Markets Report for the previous quarter (Q4 2019) and there have been some significant changes in the figures. Ripple, who boasts of introducing such solutions as ODL (XRapid), Xpring, RippleNet among others, is known for publishing regular updates and views on the company’s stance on the XRP market in order to ensure transparency on the progress of the platforms as well as inform its stakeholders.According to...
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