XRP

XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.


Markets

XRP Teases 2017-Like Bull Pattern Against Bitcoin: Godbole

The XRP/BTC ratio is looking to move out of the volatility bands, signaling a bullish imbalance in the market.

XRP/BTC hints at major rally ahead. (Pexels/Pixabay)

Markets

XRP, Dogecoin Plunge 25% as Crypto Liquidations Cross $2.2B on Tariffs Led Dump

XRP, dogecoin (DOGE) and Cardano’s ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.

(Faberge Workshop/Art Institute of Chicago, modified by CoinDesk)

Markets

Ripple's CEO Brad Garlinghouse Bats for Diversified U.S. Crypto Reserve

Ripple's CEO calls for a U.S. strategic bitcoin reserve that includes more than one token.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Markets

Solana, Dogecoin, XRP Plunge 10% as Bloody Start to Week Sees $770M Long Liquidations

Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.

A brown bear waving. (Getty Images)

Markets

Here Are Two Reasons Why XRP Price May Slide: Godbole

CME's denial of XRP futures contradicts the optimism seen earlier this month, as technicals point to weakening of the uptrend.

Slide. (GuentherDillingen/Pixabay)

Markets

XRP, Solana Prices Rise After Report of Leaked CME Futures Addition

In a now deleted "staging subdomain" page CME reported to have said futures contracts for XRP and SOL will go live on Feb. 10.

Two Federal Reserve governors see the need for continued rate hikes. (PM Images/Getty Images)

Markets

XRP Volume Overtakes Bitcoin on Coinbase as U.S. Investor Interest Grows

XRP leads volume trends on Coinbase, with BTC and ETH taking second and third places. On Binance, bitcoin is still the most in demand.

24-hour volume trends on Coinbase. (Coingecko)

Markets

Solana, XRP Jump as Trump Reportedly Mulls 'America-First' Strategic Crypto Reserve, but Experts Suggest Otherwise

Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.

Donald Trump (Joseph Sohm/Shutterstock)

Markets

XRP's Bullish Momentum Strongest Since January 2018 as Futures Open Interest Hits Record High

XRP's price rise is accompanied by record perpetual futures open interest and surge in trading volumes.

XRP, DOGE and JUP rally (Jakub Żerdzicki/Unsplash)

Markets

XRP Hits 7-Year High Above $3 as Large Holders Accumulate $3.8B of Tokens

Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.

Bitcoin Bulls (Unsplash)