Points in Time
XRP at $0.19 on Dec 20, 2019
As XRP price keeps falling, Ripple continues to groundbreaking news. I wonder how this contradictory behavior affects the security argument... Congrats to Ripple on raising $200 million on their Series C funding. fortune.com/...ency/
The giant investment may boost confidence in Ripple and XRP.
XRP at $0.26 on Sep 11, 2019
This is major speculation but the partnership between #R3 and #Mastercard could indirectly result in mastercard utilizing Ripple's technology. Currently, the platform will be built on the commercial version of the #Corda platform, as opposed to the open-source Corda Network www.coindesk.com/...tform
The card giant is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3.
XRP at $0.27 on Aug 14, 2019
XRP at $0.31 on Aug 8, 2019
As the price of XRP keeps falling #hodlers seem to be getting restless. A twitter user by the name "Crypto Bitlord" has created a petition in an attempt to make Ripple stop dumping their XRP on its investors. Do you think this will work? www.coinspeaker.com/...ping/
Trader Crypto Bitlord said that Ripple continuse dumping billions of XRP, crashing the price. The petition says that all is aware of the fact that XRP is a solid coin with major potential...
XRP at $0.32 on Jul 31, 2019
Looks like the utility for XRP is upon us.... According to Yoshitaka Kitao, CEO, SBI: “We have 25 participating banks, and 8 are API platform connected with Ripple. We want MoneyTap to accommodate international remittance, so we created a mechanism and it may contribute to xRapid using XRP.” ethereumworldnews.com/...apid/
The decision of MoneyTap to shift from xCurrent to xRapid, a solution which uses XRP is massively bullish for investors complaining of extended "winter."
XRP at $0.40 on Jul 3, 2019
MoneyMatch and Kuwait Finance House today announced a strategic collaboration to provide cross-border payments for its customers.
XRP at $0.42 on Jun 8, 2019
Charlie Shrem,who spent time behind bars,says Facebook's Global Coin is a threat to #XRP. Well,there are many threats to Ripple and XRP. Beginning with regulators and the nature of xRapid. For operation and for banks to actually use xRapid, then #XRP must be affordable. This means there are limited upsides. Compounding woes are regulators and the low adoption rates plus the rise and rise of stablecoins. #Binance will launch one pegging to the GBP while others plan to roll out via Stellar and World Wire. Interesting times going forward. twitter.com/...16705
Facebook is launching their global crypto coin called “Libra”. What’s interesting is they are offering companies to pay $10m to become “validators”. If anything, it renders Ripple useless 😂. The first companies to create a LIBRA/BITCOIN exchange will make a killing!— Charlie Shrem (@CharlieShrem) June 8, 2019
XRP at $0.41 on Jun 4, 2019
The Power of #InterLedgerProtocol. The ultimate goal is interoperability and Ripple Inc advocating for XRP is doing a pretty good job at it. Now, technical details of #ProjectStella where the objective is to enhance cross border transfers between #Japan#BoJ and the #ECB. twitter.com/...99010
June 2019— XRP Research Center (@XrpCenter) June 4, 2019
*Breaking*@ecb & @Bank_of_Japan_j release joint research on "Project STELLA: Synchronized x-border payments"
Extensive analysis and experimentations made with @Interledger, concluding it "could bring about the benefit of standarization"
XRP at $0.45 on May 30, 2019
Will not stop preaching this, #Ripple#XRP prices, by default, are designed to be stable---and low. Reason? #xRapid. #Ripple has contracts with FIs and for them to use xRapid, they must cheaply purchase #XRP away from the open market. Confirmed!! twitter.com/...49760
Ripple contracts with partners prevent them from purchasing #XRP on the open market.— 🇺🇸TheRippening$Bullzerian🇧🇬 (@The_Rippening) May 30, 2019
These partners wouldn’t have bought XRP AT ALL, OTC or on the market, if Ripple didn’t onboard them.
They’re buying for the purpose of using xRapid, not as a speculative investment.
End of content
That's all we got for #XRP
Overview of XRP
Ripple the company offers two things for their clients: the Ripple cryptocurrency tokens called XRP and Ripple the platform which is a private blockchain. Ripple the company, launched in 2012, is actually a revenue generating entity whose objective is to create an internet of value, a global web made up of financial institutions and international banks using the Ripple platform to transfer funds.
If most global banks use their platform, then users will benefit from instantaneous transfers-takes about 3 seconds and close to zero transaction fees. Ripple processes close to 1500 TPS compared with Bitcoin which does 15 TPS.
All participating banks are part of the Ripple blockchain as they are plugged into the network through gateways in a unique feature called a Ripple Transaction Protocol.
Founders: Chris Larsen and Jed McCaleb
Release Date: October 28, 2016