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Tag Archives: XRP

Stellar Foundation Burns 55 Billion XLM Tokens, Half of the Total Supply

During the Stellar Meridian conference on Monday, November 4, the Stellar Development Foundation CEO Denelle Dixon disclosed that they have burned 55 billion Lumens (XLM) tokens which is half of the overall cryptocurrency supply.Earlier there were a total of 105 billion tokens of which 20 billion were in circulation. With the recent burning, the total supply has reduced to only 50 billion XLM tokens. In its latest Medium blog post, the Stellar Foundation noted that token burning was part of...

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SEC’s vs. Ripple Next Chapter Begins Today

Today the next chapter of a long-running and closely watched lawsuit against Ripple will happen. The plaintiff, Bradley Sostack, has time until the end of this Monday to file a response to the startup’s September 20 motion to dismiss. If the case won’t be entirely dismissed, it will probably go into discovery next year.As we already reported, the main point of this dispute is the question of whether Ripple’s cryptocurrency XRP is a security or not.If it is, that means that it should have been...

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Wird Ripple Weltwährung und Universal Settlement Coin?

Ripple (XRP) soll künftig als Brückenwährung für günstige und sehr schnelle grenzüberschreitende finanzielle Transaktionen eingesetzt werden, kündigten Ripple und MoneyGram an. Die Zusammenarbeit wurde in einer nun erfolgreich beendeten Pilotphase getestet. Und seit gut einer Woche sorgt ein ominöser Ripple-Werbefilm für Aufsehen. MoneyGram: Zusammenarbeit soll ausgebaut werden Im dritten Quartal 2019...

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Ripple Price Analysis: XRP Facing Uphill Task Near $0.3000

Ripple price started a downside correction after tagging the $0.3150 resistance against the US dollar.The price is currently consolidating above the $0.2850 support area, with a few positive signs.There is a major bearish trend line forming with resistance near $0.2980 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price must surpass the $0.3000 barrier for a fresh increase in the coming sessions.Ripple price is facing a major hurdle near $0.3000 against the US...

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Bitcoin, Ethereum and XRP Prepare for Volatility; Bullish or Bearish?

Bitcoin and Ethereum are consolidating within a narrow trading range. Bitcoin may have resumed its macro-uptrend, said a renowned technical analyst. XRP prepares for a major event that could trigger an increase in demand. Last week, the total crypto market capitalization surged over 40% to reach a high of $267 billion. During this time, approximately $77 billion was injected into the market. Bitcoin jumped over 42% while Ethereum and XRP rose nearly 30%. Despite the bullish impulse,...

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XRP is 10X Safer than Fiat for Cross-Border Payments

Ripple‘s XRapid system is 10 times safer and is only one-tenth volatile if compared fiat for making international payments. Fiat cannot compete with XRP’s speed and security.Ripple is a real-time gross settlement system and a form of currency exchange. Banks and financial institutions have the cryptocurrency XRP which is used in a row of Ripple’s solutions, as a settlement infrastructure technology. Payments done using it are irreversible, and there are no chargebacks.In its study Ripple...

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Binance.US Exceeds $15 Million Daily Trading Volume One Month after Launch

In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...

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XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple

According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP is 10 times safer for making international payments – or as Team Ripple explains, one-tenth as volatile as fiat for cross-border transactions. Ripple’s...

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Ripple Invests in Biometric Cyber Security Startup Keyless

Photo: PixabayBlockchain startup Ripple is once again in news for investing in a cybersecurity startup called Keyless in the latest $2.2 million seed funding round. Keyless specializes in creating security products that can unlock access to users’ biometric data and private keys.Based in London, Keyless claims itself to be the first global company combining biometrics with multi-party computation. With its unique product offering, Keyless has attracted major investors like venture fund...

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XRP Transactions Skyrocket in Anticipation of Ripple’s Swell; Will Price Follow?

XRP daily transactions are skyrocketing ahead of its most anticipated conference. XRP could surge significantly, according to a renowned technical analyst. The lack of regulatory clarity in the U.S. about cryptocurrencies is affecting innovation. The number of daily transactions on the XRP network is reaching levels not seen since 2018. Meanwhile, Ripple is preparing to host its annual conference, Swell. Despite the hype around the event, this cryptocurrency is drifting sideways, as traders...

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