Ripple news & headlines

YouTube’s legal team has come out to argue that the video-sharing platform is not accountable for crypto scams conducted as part of its video content or descriptions. A report unveiled this news on July 22, noting that the lawyers made this argument in an ongoing lawsuit filed by Brad Garlinghouse’s attorneys in April. Reportedly, Garlinghouse’s attorneys filed this lawsuit in response to YouTube’s failure to stop XRP fraudsters and impersonators...

XRP price has been struggling to go beyond $0.20 ever since the mid-March price crash, and while it seemingly managed to break this resistance once in May, it quickly dropped back down. Now, after yet another attempt, the price was simply rejected once more. XRP in 2020 XRP started 2020 at a rather low price of $0.1931, but it quickly fixed that as the first few months of the year have passed. It hit a massive resistance at $0.24 by January 19th,...

Ripple has had great success as a payment processor, as the company offered its payment solutions to banks and financial institutions around the world. Many of them have since tested, or even fully implemented the startup’s technology, confirming that it brought lower transaction costs and faster payments around the world. In fact, Ripple has become a go-to firm for anyone who wishes to handle remittance through cryptocurrencies. However, d...

XRP, the fourth-largest cryptocurrency by market cap, has not seen bullish performance for a long time now. Of course, the coin has been trading in the green on plenty of occasions. A 1,000-days-long macro downtrend After a price crash in mid-March, XRP dropped to $0.10, and since then, it surged up by around 50%, climbing back to $0.18. However, this was not enough to convince analysts that the coin is actually seeing a bullish trend. It was sim...

PlusToken scam, which was estimated to have garnered around $2 billion in various cryptocurrencies such as Bitcoin, Ethereum, XRP, EOS, and others, became active again. The scammers-operated wallet, PlusToken, was dormant for months. Now, however, it seems to be back in business, this time focusing on EOS and Ripple’s XRP. PlusToken moves millions in EOS and XRP The new development was reported by the XRPLedger insights platform Xrplorer&#8...

Ripple’s XRP is one of the coins that struggled a lot in 2020. While the rest of the crypto market did not exactly have a great time — especially in mid-March — many of other coins saw recovery that brought them to their previous heights, or even higher. This is not something that can be said for XRP, however, and the coin’s price has been significantly below its usual height for months now. XRP in 2020 XRP price started 2020 pretty m...

A research team from Blockchain Center recently created a map that highlights the interest in digital currencies around the world. The map has revealed several interesting pieces of information, such as the fact that the interest in altcoins is at its highest in Venezuela (75%), followed by Japan (68.4%), South Korea (68%), Serbia (67.9%), Russia (66.6%), and Ukraine (66%). However, the report also revealed that interest in one coin exceeds most...

Cryptocurrency XRP recently got listed on one of the leading US-based crypto exchanges, PayBito. Now, PayBito’s users around the world can have easy access to the fourth-largest cryptocurrency, whether via PayBito’s web version, or its Android/iOS app. XRP’s new listing to increase exposure The addition of Ripple’s XRP to PayBito allows the platform to further expand its portfolio. The platform has been working on expanding its...

XRPL Monitor, which tracks the movement of XRP coins, has shown a curious transaction earlier today. The transaction in question was made by one of Ripple’s co-founders — Chris Larsen — who made a major XRP transfer from one of his wallets. Ripple and its officials are making large XRP transfers The transaction included as much as 75 million XRP coins, which he apparently sent to his other wallet. The data also indicates that Ripple itself...

Crypto startup Ripple, the company behind XRP, might soon make a move to expand its operations further into South America. This conclusion came after a recent interview with Marjan Delatinne, Ripple’s head of global banking. The interview was published on a YouTube channel Future of Finance on June 8th, and it offers some interesting insight into the company’s plans. If the conclusions drawn from the video are correct, then Ripple mig...

Moneygram saw a major rise in the numbers of user transactions for May this year as against the same period last year, according to a press release from the company. This increase coincided with the company’s partnership with Ripple that began in June last year. The company’s fortunes have also increased in the market. Yesterday, MoneyGram rose to $4.03, which represented a sharp increase since markets opened on Monday. This increase is coming af...

XRP has seen a very narrow trading range over the course of the past month. Since the coin has been consolidating, its price action did not see a lot of volatility. XRP price mostly just fluctuated between a support at $0.192 and a resistance level at $0.212. As a result, Bollinger bands had to squeeze, based on the coin’s 1-day chart. Looking at past performance, it is possible that these squeezes might indicate periods of low volatility,...

Ripple, the firm behind ripple (XRP) has moved to court requesting the dismissal of all fraud charges against it. Ripple filed for dismissal noting that the plaintiff in the ongoing lawsuit had failed to provide details to support the fraud claims. Court documents filed on June 8 revealed this news, stating that the San Francisco-headquartered firm seeks dismissal of the charges with prejudice to the plaintiff as the allegations are purportedly b...

Last week, Bloomberg broke the news that Western Union made an offer to acquire money transfer company MoneyGram. No agreement has been reached yet and Western Union could still change their mind, accordingly. It’s been a hard couple of months for MoneyGram due to the Covid-19 crisis. The company has a debt of $878 million and closed a number of work locations during the pandemic shutdown. Soon after Western Union made the acquisition offer, shar...

Kevin Rose, the former Google employee and one of the early Ripple investors, says he still doesn’t see Ripple as a currency. In the meantime, XRP/USD is struggling to stay above $0.20 and the 100-DMA.  Fundamental analysis: I don’t see Ripple as a cryptocurrency, says Rose In a recent interview, Kevin Rose spoke about the early days of Ripple when the company tried to gain a foothold in the world of blockchain tech. During that period, Goog...

Ripple is developing its own lending solution, said a company representative for the Block. In the meantime, the price action is struggling to stay above $0.20 as the sellers eye a trip to $0.1750. Fundamental analysis: Ripple confirms it is venturing into lending The new solution will offer working capital loans to RippleNet clients and the company is now looking for a new boss of product management for the loan unit.  “We are expandi...

Crypto startup Ripple recently added a new job opening on its website. The new offer indicates that the company might have plans for the development of a new product. The job opening is for a ‘Director of Product Management, Loans,’ which would hint at the upcoming loan product. Ripple’s loans product would be very beneficial Of course, this would not exactly be surprising, considering how big crypto loans are becoming. However, so fa...