XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

SBI Holdings Touts XRP Ledger for NFT Use in the Tokenization of a 'Variety of Assets'

"The blockchain XRP Ledger has the ability to tokenize not only XRP but also a variety of other assets," the company said in its report.

By Sebastian SinclairJul 1, 2021

Markets

Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

The amount of money leaving was significantly less than the previous, record week of $141 million.

By Damanick DantesJun 14, 2021

Outflows continue from digital-asset investment funds, but they appear to be slowing.

Markets

Ripple Proposes Adding Federated Sidechains

Chief Technology Officer David Schwartz cites demand from users for smart contract implementation.

By Jamie CrawleyJun 8, 2021

Ripple Chief Technology Officer David Schwartz

Markets

Ethereum and XRP Looking More Attractive as Investors Rush to Exit Bitcoin Funds

Investors redeemed a net $141 million during the seven days through June 4, the highest weekly total on record, according to CoinShares.

By Damanick DantesJun 7, 2021

Markets

Market Wrap: Elon Taketh Away – Bitcoin Continues Fall as Options Traders Pile Into Puts

The crypto car drove to the dump Monday as most blockchain assets fell.

By Daniel CawreyMay 17, 2021

Markets

Dogecoin Price Finally Tops 69 Cents, Flips XRP to Become Top-4 Crypto

The canine-themed cryptocurrency is up an eye-watering 13,611% year-to-date

By Sebastian SinclairMay 5, 2021

Markets

Market Wrap: Bitcoin, Ether Recover From Midday Market Sell-Off as the DOGE Abides

Some see ether and bitcoin now behaving as very separate assets, which normally isn’t the case.

By Daniel CawreyMay 4, 2021

Markets

Ripple Adds Former US Treasurer to Board of Directors

Rosie Rios was the 43rd treasurer of the United States, serving under the Obama administration from 2009 to 2016.

By Jamie CrawleyMay 4, 2021

Rosie Rios, former treasurer of the United States,

Markets

Market Wrap: Ether Shoots to $3.3K While Bitcoin Hangs Below $60,000

The ether market is experiencing record numbers for spot, futures and DeFi. Bitcoin is in the backseat for now.

By Daniel CawreyMay 3, 2021

Markets

Market Wrap: Bitcoin Hits $57K After $4.2B Options Expirations; Ether Steadies at $2.7K

The last time bitcoin traded at this level was almost two weeks ago, on April 17.

By Daniel CawreyApr 30, 2021

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