Ripple: The market is in the red today, after the SEC rejected the ETF application by the Winklevoss twins. This rejection has cast doubt on the CBOE application, which was the main reason behind the recent market surge. However, even as this all this happens, there is one crypto that has remained largely unchanged, and that’s XRP (XRP).Since bitcoin shot up from $5800 to $8500, there has been very little change in the price of XRP (XRP).  While the market seems to have caught the bitcoin ETF fever, XRP has averaged at around $0.45, with minor fluctuations under and above this price level. In short, it has been largely unaffected by Bitcoin’s recent moves.While this may not be good news for a day trader looking for volatility, it paints a great picture about the future of Ripple. That’s because it could mean that XRP (XRP) is slowly setting itself apart from the value of bitcoin (BTC). In essence, the future value of XRP (XRP) will most likely be linked to its intrinsic value, and not its correlation to the value of any other cryptocurrency, especially bitcoin (BTC).But that doesn’t seem to be working for XRP (XRP), at the moment, is it? It’s not making any meaningful gains. Well the issue is that XRP (XRP) is held down by the SEC’s decision about its status, as well as a string of lawsuits questioning its legitimacy as a cryptocurrency.  This may hold it down for some time, but once that decision comes, and comes out positive, XRP (XRP)’s price rise will be exponential, independent of the rest of the market. Issues like the current Bitcoin ETF news will pretty much be irrelevant to the value of XRP (XRP).As a matter of fact, an XRP (XRP) independent of the price of bitcoin will probably be the strongest crypto in the market, on the basis of its use-cases. That’s because by any chance it is not a security, then the value of all the partnerships that ripple has signed so far, will reflect in its price. Just for context purposes, Ripple has more than 150 partnerships with banks at this point, and they keep growing.  XRP (XRP)’s usage is also going strong even outside of the banking industry. It was recently added as a payment method by Samsung, amongst several other coins.With all these factors at play, it is clear that Ripple when valued independently of bitcoin (BTC) would be worth upwards of $10 a coin. Its fundamentals are unrivalled, and could easily see it emerge as the number one cryptocurrency in a few years. The low price movements characteristic of XRP (XRP) are simply a reflection of short-term uncertainty, but it won’t last for long. Chances are that the SEC decision will be a positive one. There is very little correlation between XRP (XRP) and a normal stock, which makes a negative decision improbable. It will be a decision that could change the trajectory of the markets. Show less

XRP (CURRENCY:XRP) traded up 0.4% against the U.S. dollar during the 1 day period ending at 21:00 PM ET on December 7th. One XRP coin can currently be bought for about $0.23 or 0.00003025 BTC on major cryptocurrency exchanges including BX Thailand, Coinone, Fatbtc and Bits Blockchain. XRP has a total market cap of $9.84 billion and approximately $1.08 billion worth of XRP was traded on exchanges in the last day. In the last seven days, XRP has traded 1.6% higher against the U.S. dollar. Here is how similar cryptocurrencies have performed in the last day:Tether (USDT) traded up 0.6% against the dollar and now trades at $1.01 or 0.00013433 BTC.Binance Coin (BNB) traded down 1.3% against the dollar and now trades at $15.58 or 0.00207359 BTC.Bitcoin SV (BSV) traded 1.6% lower against the dollar and now trades at $95.59 or 0.01272116 BTC.Stellar (XLM) traded 1.1% higher against the dollar and now trades at $0.0559 or 0.00000744 BTC.TRON (TRX) traded down 1.1% against the dollar and now trades at $0.0146 or 0.00000194 BTC.Chainlink (LINK) traded down 2.5% against the dollar and now trades at $2.04 or 0.00027144 BTC.COZ (COZ) traded up 26.7% against the dollar and now trades at $0.22 or 0.00004541 BTC.NEO (NEO) traded 0.3% higher against the dollar and now trades at $8.92 or 0.00118708 BTC.VeChain (VET) traded down 6.1% against the dollar and now trades at $0.0067 or 0.00000090 BTC.Crypto.com Chain (CRO) traded 0.3% lower against the dollar and now trades at $0.0381 or 0.00000379 BTC.About XRP XRPs launch date was February 2nd, 2013. XRPs total supply is 99,991,237,614 coins and its circulating supply is 43,285,660,917 coins. XRPs official Twitter account is @Ripple and its Facebook page is accessible here. XRPs official website is ripple.com/xrp. The Reddit community for XRP is /r/ripple and the currencys Github account can be viewed here. The official message board for XRP is www.xrpchat.com. According to CryptoCompare, The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The Worlds First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is self-clearing, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.Buying and Selling XRP XRP can be bought or sold on these cryptocurrency exchanges: CoinEgg, BtcTurk, Covesting, Stellar Decentralized Exchange, Huobi, HitBTC, Instant Bitex, Koinex, FCoin, Independent Reserve, LiteBit.eu, BitFlip, Bitfinex, Vebitcoin, Coinone, B2BX, Bitsane, Poloniex, Stellarport, Coinrail, Cryptohub, Exrates, Coinbe, Sistemkoin, Koineks, Exmo, Braziliex, Gate.io, BitMarket, Liquid, Gatehub, CoinBene, Tripe Dice Exchange, OKEx, DragonEX, BTC Trade UA, Ripple China, DigiFinex, Upbit, Zebpay, Coinsquare, ZB.COM, RippleFox, CoinFalcon, Bitbns, MBAex, Bithumb, Bitso, Fatbtc, Bittrex, Altcoin Trader, ABCC, Coindeal, Kuna, BCEX, Indodax, Bitinka, BitBay, Coinsuper, Bitbank, BX Thailand, Korbit, WazirX, CEX.IO, C2CX, Binance, OpenLedger DEX, Coinhub, Kraken, LakeBTC, GOPAX, Bitlish, OTCBTC, Bits Blockchain, Bitstamp (Ripple Gateway), Ovis, Cryptomate, Bitstamp and BTC Markets. It is usually not presently possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the aforementioned exchanges. Receive News & Updates for XRP Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for XRP and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. Show less

(adsbygoogle = window.adsbygoogle || []).push({}); This week has started off pretty well for most of the digital currencies in the market. Almost all the top twenty digital currencies are now trading in the green except XRP, Binance Coin (BNB), and Tether (USDT). Over the past day, some digital currencies have even recorded gains of more than 10 percent. At the press time, Bitcoin Cash price is up by more than 5 percent. The price of Cardano (ADA) is recording gains of almost 10 percent. The highest gainer so far is Cosmos, with an increase of more than 12 percent. However, the price of XRP is still in the red at the time of writing according to coinmarketcap.com. XRP USD live price is down by about one percent over the past day. This has left some digital asset investors wondering if the short-term XRP price prediction 2019 is still attainable before the end of this month. Ethereum (ETH) Distances Itself from XRP (XRP) – Which Is the Best Cryptocurrency to Invest in 2019? Late last year and earlier this year, Ethereum was sharing its long-held position with XRP. The battle for the second largest digital currency by market cap was pretty tough. XRP took over the position and held it for a little while. However, Ethereum later gained traction and reclaimed its position. Since then, the second largest digital currency in the world – Ethereum (ETH) – has not given XRP a chance to get close. (adsbygoogle = window.adsbygoogle || []).push({}); At the moment, XRP is very far from testing that position as the gap between the market cap of XRP and that of Ethereum is very large. At the press time, the distance between both market caps is over $5 billion. It is really going to take a lot for XRP to get close that position, as Ethereum doesn’t look like slowing down anytime. Ethereum USD live price is $176 after an increase of more than two percent over the past day. The market cap of Ethereum is $18.38 billion while the market cap of XRP is $13.67 billion. XRP price forecast is still pretty bullish. More investors are still attracted by XRP price prediction 2019. XRP news today is still trending, with Alex Cobb XRP prediction making waves. Many digital asset investors still consider XRP the best cryptocurrency to invest in 2019. XRP is still on fire, but right now, there is no bullish XRP news today to boost the fire. XRP Price Analysis – XRP Price Prediction 2019 – XRP Price Forecast – XRP USD Live Price The price of XRP recently plunged drastically below the 34 cents level against the USD. The downward correction continued and XRP price broke the $0.3320 and $0.3250 support levels. The digital currency also broke below the 32 cents level and plunged towards the $0.3175 level. The price of XRP later amassed momentum and corrected over the 32 cents level. XRP price also broke over the 23.6 percent Fibonacci retracement level of the previous swing from the high of $0.3470 to the low of $0.3174. At the moment, the digital currency is currently supported at the 32 cents level. The immediate resistance is at the $0.335 level. The price of XRP is currently lagging behind in the ongoing crypto price recovery. However, a break over its immediate hurdle point could pave the way for more gains. This could trigger the price of XRP to meet up with the market, and the short-term XRP price prediction 2019 could be attained. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; } Related Topics:CryptoCryptocurrencies‪Cryptocurrency‬CurrencyFeaturedRippleXRP Ripple (XRP) Price Recovery Looks Real But Could Face Hurdles Ripple (XRP) Price Recovery Looks Real But Could Face Hurdles (adsbygoogle = window.adsbygoogle || []).push({}); Ripple price corrected lower recently and tested the $0.3175 level against the US dollar. The price bounced back and traded above the $0.3200 and $0.3220 resistance levels. There was a break above a key bearish trend line with resistance near $0.3220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently forming a bullish continuation pattern and it could revisit the $0.3300 resistance. Ripple price is slowly recovering against the US Dollar, whereas still struggling versus bitcoin. XRP could recover further above $0.3280, but it is likely to struggle near $0.3320. Recently, we saw a strong downside correction in ripple price from the $0.3470 swing high against the US Dollar. The XRP/USD pair declined below the $0.3320 and $0.3250 support levels. The pair even broke the $0.3200 level and traded close to the $0.3175 level, where buyers took a stand. Finally, the price started a decent rebound and recovered above the $0.3200 level. There was a break above the 23.6% Fib retracement level of the last drop from the $0.3470 high to $0.3174 low. Moreover, there was a break above a key bearish trend line with resistance near $0.3220 on the hourly chart of the XRP/USD pair. The pair spiked above the $0.3300 level, but it faced a strong resistance near the $0.3320 level. The 100 hourly simple moving average also acted as a strong resistance. Besides, the 50% Fib retracement level of the last drop from the $0.3470 high to $0.3174 low also acted as a hurdle for buyers. The price retreated from highs and retested the $0.3200 level. At the outset, the price seems to be forming a bullish continuation pattern with resistance at $0.3260 on the same chart. A break above the $0.3260 level is likely to push the price above the $0.3280 resistance. The price might even break the $0.3300 level, but it is likely to struggle near the $0.3320 level. Above $0.3320, the price could face resistance near $0.3345 and $0.3360. On the flip side, if the price struggles to move above $0.3280 or $0.3300, there may be a fresh decrease. (adsbygoogle = window.adsbygoogle || []).push({}); Looking at the chart, ripple price is clearly struggling below the $0.3300 and $0.3320 resistance levels. In the short term, there could be an upward move, but the price is likely to face a strong selling interest near $0.3300, $0.3320 and $0.3345. Only a successful close above $0.3360 might push the price towards $0.3500. Hourly MACD – The MACD for XRP/USD is about to move into the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now placed nicely above the 50 level. Major Support Levels – $0.3220, $0.3200 and $0.3175. Major Resistance Levels – $0.3280, $0.3300 and $0.3320. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; } Ripple (XRP/USD) forecast and analysis on April 23, 2019 (adsbygoogle = window.adsbygoogle || []).push({}); Cryptocurrency Ripple (XRP/USD) is trading at 0.3199. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Ripple. At the moment, cryptocurrency quotes are moving near the lower border of the Bollinger Bands indicator bands. Ripple (XRP/USD) forecast and analysis on April 23, 2019 As part of the forecast Ripple course is expected to test the level of 0.3270. Where should we expect an attempt to continue the fall of XRP/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 0.3020. The conservative sales area for Ripple is located near the upper border of the Bollinger Bands indicator at the level of 0.3370. (adsbygoogle = window.adsbygoogle || []).push({}); Cancellation of the option to continue the decline in the Ripple rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and closing quotations of the pair above the 0.3420 area. This will indicate a change in the current trend in favor of the bullish for XRP/USD. In case of a breakdown of the lower border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency. Ripple (XRP/USD) forecast and analysis on April 23, 2019 implies a test level of 0.3270. Further, it is expected to continue falling to the area below the level of 0.3020. The conservative area for selling Ripple is located area of 0.3370. Canceling the option of falling cryptocurrency will be a breakdown of the level of 0.3420. In this case, we should expect continued growth. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; } Could JPM Coin Be the Negative Force Behind Ripple’s Recent Price Action? (adsbygoogle = window.adsbygoogle || []).push({}); The past several weeks have been overwhelmingly positive for the crypto markets, with Bitcoin finding its footing in the lower-$5,000 region and many altcoins putting a significant amount of distance between their current prices and their 2018 lows. Despite this, Ripple (XRP) has been one of the few cryptos that has not incurred any massive gains, much to the chagrin of its investors. One possible factor behind Ripple’s less-than-positive price action over the past several weeks could be the release of JPMorgan’s cryptocurrency – aptly names JPM Coin – which is widely viewed as being a competitor to XRP. Ripple (XRP) Stable Around $0.32, But Caught in Persisting Trading Range  Although XRP’s recent price action hasn’t been bullishper say, it hasn’t necessarily been bearish either, as it has simply been trading flat around its current price levels. At the time of writing, Ripple is trading up 1.2% at its current price of $0.324, up slightly from its daily lows of $0.319. While looking over a seven-day trading period, XRP is down from highs of roughly $0.35, and is just a hair above its weekly lows of $0.318. This relative stability is not unique to the past seven days, however, as XRP has been caught in a bout of sideways trading since the beginning of the year. While looking at Ripple’s year-to-date price action, it has been ranging between highs of $0.38 and lows of $0.28, with strong resistance at the former price level, and strong support at the latter. Harry, a popular cryptocurrency trader on Twitter who focuses primarily on XRP, recently noted that XRP is in what he calls an “accumulation” phase, and breakouts of the persisting range may not be seen until the third or fourth quarter of this year. “$XRP is in accumulation for an Adam & Eve double bottom, big breakout / continuation starts around $0.63c usdt. April mark’s the eve centre, breakouts likely as far out as Q3, Q4,” Harry said in a recent tweet. $XRP is in accumulation for an Adam & Eve double bottom, big breakout / continuation starts around $0.63c usdt. April mark's the eve centre, breakouts likely as far out as Q3, Q4. $BTC has resistance over resistance from a technical perspective regardless of BARR bump/ run x https://t.co/7InP5ERFQm Could JPM Coin Be Negatively Affecting XRP’s Price? Earlier this year, the world was surprised to discover that JPMorgan Chase, one of the largest banks in the world, was releasing a cryptocurrency that is strikingly similar to XRP in some regards. (adsbygoogle = window.adsbygoogle || []).push({}); In a recent tweet, The Crypto Dog, another popular cryptocurrency analyst, asked the Twitter crypto community why a bank would use XRP over JPM Coin, which sparked a heated debate as to whether or not XRP is truly a JPM Coin competitor. “Not hating on this tweet, just genuinely curious: Why would any bank use a volatile currency like $XRP over a ‘bank approved’ stablecoin like JPM coin?” he asked. Why would any bank use a volatile currency like $XRP over a "bank approved" stablecoin like JPM coin? — The Crypto Dog📈 (@TheCryptoDog) April 20, 2019 To this, Harry responded noting that JPM Coin only has value on its own network, and that XRP would be better suited to facilitate cross-network payments. “JMP [sic] coin likely only has value on its own network, moving money between networks will require something different, maybe interledger, maybe $XRP but let’s assume it will be something without any counterparty,” he explained. JMP coin likely only has value on its own network, moving money between networks will require something different, maybe interledger, maybe $XRP but let's assume it will be something without any counterparty x Although it is unclear as to whether or not JPM Coin has truly put any downwards pressure on Ripple’s price, investors will likely soon discover whether or not XRP has been coiling like a spring over the past several months, ready to surge upwards, or if it has further to fall. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; } Show less

Home Uncategorized Reports of a XRP “Hostile Takeover” Debunked eval(ez_write_tag([[728,90],'smartereum_com-box-3','ezslot_5'])); Recent price action in the market show that the XRP token price managed to get strong support levels from about $0.30 with the Valor Foundation looking to initiate plans of a hard forking the XRP Ledger. The signals are clear; XRP’s demand has grown short on January 20 sellers went on to wipe out strides, the XRP digital asset price found support at $0.30. It attained this with all-around bullish fundamentals and is looking more likely that bulls are going to rally and break above the eval(ez_write_tag([[336,280],'smartereum_com-medrectangle-3','ezslot_1'])); A Blood Bath Anticipated Should Rumors of an XRP Hostile Takeover be Viable If the rumors of an XRP hostile takeover turnout to be true, then the XRP token holders should be prepared for a blood bath. It isn’t unusual for hostile takeovers to be rare in traditional markets. However, forceful management in a crypto market is simple, the acquirer (Vishal Harpalani’s Valor Foundation) identifies an unwilling target startup which is the “victim” (Ripple Labs the official raise “tens of millions of USD,” trigger a price collapse using a debt instrument before hard forking the Ripple distributed ledger. Although it has to be said Foundation actually raise enough funds running into the tens of millions of USD and cause an XRP death spiral, such success would reportedly help strengthen their primary objective of building or setting up a reliable digital payment system which will be tailor-made for users who have no access to banking or other financial services particularly in developing economies. Much like Bitcoin (BTC), the XRP token is rejecting sell pressure. Now after an initial accumulation, it’s demand is increasing via lower time frames. Upwards movement like this can cement the previous position, and validate the previously forecasted XRP/USD trade plan. Although prices are a bullish pin bar near the main support area at $0.40. Hence, it is recommended that you maintain a neutral the $0.50 Fibonacci retracement level. $0.34 is significant because it meshes with the highs from January 14. eval(ez_write_tag([[580,400],'smartereum_com-medrectangle-4','ezslot_2'])); After prices have rallied above $0.34, risk off traders can activate pullbacks with the first targets set at $0.40. After which there will Guiding the short-term trade plan indicated here is dependent on the level of market participation. A January 10 stand out could bar printing in a predominantly bullish crypto market. For the bulls to take back the driving seat once more, trade volumes have to spike above the recent averages of $17 million and exceed the January 10 trade day volumes of about rallies will push prices from spot levels above $0.40. In turn, this should prepare the foundation for more gains towards the $1 level.  eval(ez_write_tag([[336,280],'smartereum_com-box-4','ezslot_4'])); eval(ez_write_tag([[580,400],'smartereum_com-leader-1','ezslot_3'])); Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Google+ (Opens in new window) Previous articleStellar (XLM) Is Basically Worthless But XRP Is Coiling Up – Peter BrandtNext articleCryptocurrency As A Means Of Payment: World’s Largest Cryptocurrency Experiment Set To Take Place In Japan Brian Lubinhttps://smartereum.com/author/BrianLubin/Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets. block_td_uid_3_5c549bb89defa.id = "td_uid_3_5c549bb89defa"; block_td_uid_3_5c549bb89defa.atts = '{"limit":3,"ajax_pagination":"next_prev","live_filter":"cur_post_same_categories","td_ajax_filter_type":"td_custom_related","class":"td_uid_3_5c549bb89defa_rand","td_column_number":3,"live_filter_cur_post_id":46898,"live_filter_cur_post_author":"34","block_template_id":"","header_color":"","ajax_pagination_infinite_stop":"","offset":"","td_ajax_preloading":"","td_filter_default_txt":"","td_ajax_filter_ids":"","el_class":"","color_preset":"","border_top":"","css":"","tdc_css":"","tdc_css_class":"td_uid_3_5c549bb89defa_rand","tdc_css_class_style":"td_uid_3_5c549bb89defa_rand_style"}'; block_td_uid_3_5c549bb89defa.td_column_number = "3"; block_td_uid_3_5c549bb89defa.block_type = "td_block_related_posts"; block_td_uid_3_5c549bb89defa.ajax_pagination_infinite_stop = ""; Mike Novogratz Seeks a Credit Fund of $250M to Offer US Dollars Loans to Blockchain and Crypto Startups document.addEventListener('DOMContentLoaded', function () { var commentForms = document.getElementsByClassName('jetpack_remote_comment'); for (var i = 0; i < commentForms.length; i++) { This site uses Akismet to reduce spam. Learn how your comment data is processed. eval(ez_write_tag([[160,600],'smartereum_com-box-1','ezslot_6'])); Show less

About XRP XRP’s genesis date was February 2nd, 2013. XRP’s total supply is 99,991,024,920 coins and its circulating supply is 43,935,664,307 coins. The official website for XRP is ripple.com/xrp. The official message board for XRP is www.xrpchat.com. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. According to CryptoCompare, “The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The World’s First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.” XRP Coin Trading XRP can be purchased on the following cryptocurrency exchanges: Sistemkoin, Coinrail, OKEx, Vebitcoin, Koinex, Coinone, Bitbank, Stellarport, Gate.io, Bits Blockchain, Huobi, Bitlish, B2BX, Poloniex, DragonEX, LakeBTC, BCEX, BTC Markets, Coinhub, Upbit, BitBay, Binance, BitFlip, CEX.IO, ZB.COM, LiteBit.eu, OTCBTC, Bitsane, Liquid, C2CX, Kraken, Bitfinex, Bittrex, Covesting, Independent Reserve, Bitso, Tripe Dice Exchange, Altcoin Trader, Braziliex, DigiFinex, Cryptomate, BtcTurk, Bithumb, GOPAX, BTC Trade UA, Coinsquare, Exrates, Coinsuper, Coinbe, Bitstamp, Stellar Decentralized Exchange, Ovis, OpenLedger DEX, Exmo, ABCC, Zebpay, CoinBene, Fatbtc, Bitinka, Cryptohub, BitMarket, Kuna, FCoin, Bitstamp (Ripple Gateway), Instant Bitex, CoinEgg, BX Thailand, Bitbns, Ripple China, HitBTC, Coindeal, Gatehub, WazirX, RippleFox, CoinFalcon, Indodax, MBAex, Koineks and Korbit. It is usually not presently possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to trade XRP should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the aforementioned exchanges. new TradingView.widget( ); Receive News & Updates for XRP Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for XRP and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. Show less

XRP Coin Profile XRP’s launch date was February 2nd, 2013. XRP’s total supply is 99,990,980,257 coins and its circulating supply is 44,089,620,959 coins. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. XRP’s official message board is www.xrpchat.com. XRP’s official website is ripple.com/xrp. According to CryptoCompare, “The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The World’s First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.” XRP Coin Trading XRP can be purchased on these cryptocurrency exchanges: Coinsquare, Cryptohub, Bitbank, Ovis, Altcoin Trader, Binance, Sistemkoin, BX Thailand, LiteBit.eu, Tripe Dice Exchange, BitBay, ZB.COM, BtcTurk, Koineks, Stellarport, Ripple China, Korbit, Kraken, Bitstamp (Ripple Gateway), Covesting, Bitso, DigiFinex, BitFlip, Bitstamp, OKEx, Bitfinex, WazirX, Zebpay, Poloniex, DragonEX, BTC Trade UA, Stellar Decentralized Exchange, Cryptomate, Coindeal, Exrates, Coinrail, Kuna, B2BX, OTCBTC, Bits Blockchain, Bitinka, CoinFalcon, OpenLedger DEX, CoinBene, GOPAX, ABCC, Gatehub, Fatbtc, FCoin, BCEX, HitBTC, Coinone, Instant Bitex, LakeBTC, Bitbns, Independent Reserve, BTC Markets, CEX.IO, Coinsuper, Braziliex, Liquid, Exmo, Coinbe, CoinEgg, Koinex, Bithumb, Bitlish, Upbit, Huobi, MBAex, Coinhub, C2CX, Vebitcoin, Bittrex, Gate.io, Indodax, RippleFox, BitMarket and Bitsane. It is usually not possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to trade XRP should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XRP using one of the aforementioned exchanges. new TradingView.widget( ); Receive News & Updates for XRP Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for XRP and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. Show less

XRP Price Tops $0.39 on Major Exchanges (XRP)Posted by ABMN Staff on May 25th, 2019 // XRP (CURRENCY:XRP) traded 1.4% higher against the U.S. dollar during the 1 day period ending at 7:00 AM ET on May 25th. One XRP coin can now be purchased for about $0.39 or 0.00004855 BTC on popular exchanges including CoinEgg, CEX.IO, Coinsuper and GOPAX. During the last week, XRP has traded up 4.2% against the U.S. dollar. XRP has a total market capitalization of $16.52 billion and approximately $1.68 billion worth of XRP was traded on exchanges in the last 24 hours. Heres how other cryptocurrencies have performed during the last 24 hours:Binance Coin (BNB) traded 4.3% higher against the dollar and now trades at $35.11 or 0.00434717 BTC.Tether (USDT) traded 0.3% lower against the dollar and now trades at $1.00 or 0.00012428 BTC.Stellar (XLM) traded 0.5% higher against the dollar and now trades at $0.13 or 0.00001581 BTC.TRON (TRX) traded up 0.6% against the dollar and now trades at $0.0285 or 0.00000353 BTC.Bitcoin SV (BSV) traded down 2.4% against the dollar and now trades at $97.16 or 0.01202852 BTC.NEO (NEO) traded 0% lower against the dollar and now trades at $11.66 or 0.00144291 BTC.COZ (COZ) traded up 26.7% against the dollar and now trades at $0.22 or 0.00004541 BTC.Basic Attention Token (BAT) traded 0.5% lower against the dollar and now trades at $0.35 or 0.00004370 BTC.VeChain (VET) traded down 0.4% against the dollar and now trades at $0.0075 or 0.00000093 BTC.Chainlink (LINK) traded down 9.9% against the dollar and now trades at $1.18 or 0.00014632 BTC.XRP ProfileXRP was first traded on February 2nd, 2013. XRPs total supply is 99,991,626,524 coins and its circulating supply is 42,116,677,673 coins. XRPs official message board is www.xrpchat.com. XRPs official Twitter account is @Ripple and its Facebook page is accessible here. The Reddit community for XRP is /r/ripple and the currencys Github account can be viewed here. XRPs official website is ripple.com/xrp. According to CryptoCompare, The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The Worlds First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is self-clearing, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.Buying and Selling XRPXRP can be traded on the following cryptocurrency exchanges: Coinone, Coinhub, Altcoin Trader, B2BX, Liquid, C2CX, Ripple China, Tripe Dice Exchange, BTC Markets, BitBay, Coinbe, DragonEX, Bits Blockchain, Coinsquare, Cryptohub, BCEX, Koinex, CEX.IO, Indodax, Gate.io, Fatbtc, Independent Reserve, OTCBTC, BX Thailand, Bitbank, Coinrail, DigiFinex, Binance, Coinsuper, Bitsane, ZB.COM, Kraken, Bitstamp (Ripple Gateway), HitBTC, Bitlish, Stellar Decentralized Exchange, Bitfinex, Sistemkoin, Poloniex, OKEx, Bitstamp, BTC Trade UA, Covesting, Huobi, LakeBTC, Bitbns, Upbit, FCoin, Stellarport, Coindeal, LiteBit.eu, MBAex, Bithumb, BitMarket, WazirX, Ovis, Braziliex, CoinEgg, Gatehub, Vebitcoin, RippleFox, Cryptomate, Bitinka, Korbit, BtcTurk, Instant Bitex, Exrates, BitFlip, Bittrex, Exmo, Kuna, ABCC, GOPAX, CoinBene, Zebpay, OpenLedger DEX, CoinFalcon, Bitso and Koineks. It is usually not presently possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the aforementioned exchanges. Receive News & Updates for XRP Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for XRP and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. Show less

XRP is a crypto-asset created in January 2013 by OpenCoin, Inc. which soon after became Ripple Labs, the company we all know today. One of the co-founders and creators of XRP, Jed McCaleb, has had a large impact on the cryptocurrency ecosystem. Jed was an early Bitcoin miner who also helped found the Mt. Gox exchange in 2010 and later sold it in 2011.After the sale of Mt. Gox, Jed joined up with the company that would later become Ripple Labs. Together, Jed and fellow co-founders Chris Larsen (current executive chairman of Ripple) and Arthur Britto, created what they initially called Ripple Credits and allocated 80% of the 100 billion credits created to the company and distributed 20% of the 100 billion amongst the co-founders. Ripple Credits would later be renamed XRP, the asset we know today. The Ripple Labs company, under the original agreement, is in charge of developing Ripple software, promoting the network, and giving away & selling XRP. The XRP asset and ledger has been out in the market for 6 years with a dedicated and enthusiastic community of supporters. Payments made with XRP settle in 4 seconds and transaction throughput is estimated to be around 1,500 transactions per second with very low transaction fees, making XRP one of the fastest, cheapest, and scalable crypto-assets. In comparison, Bitcoin settles transaction in about 10 minutes, has a throughput of 7 transactions per second, and is relatively more expensive to use. XRP is designed to reduce the friction, cost, and settlement time of the existing cross-border payment systems. Ripple and XRP supporters want to bring interoperability to the existing financial system making it more efficient, reliable, inexpensive, and connected. XRP can be used like any other cryptocurrency, but what is the key area of demand or key use case for XRP? The key demand for BTC might be censorship resistance, or it might come from those that want a hard money alternative. Monero’s key area of demand would come from those that demand private transactions. The broad use case for XRP is cross-border payments, but if you drill down further into Ripple Labs’ plans and the commentary of XRP’s supporters, its use case is more specific. The existence of XRP and Ripple reduces the need for international banks and payment processors to hold nostro and vostro accounts with each other in exotic markets. In mature markets, currency flows between the Dollar and Yen are pretty efficient, liquid, and cheap. However currency flows between financial institutions in developing economies like Mexico and the Philippines have lower reliability, low liquidity, and are more expensive compared to the fiat currency flows in more developed economies. Ripple Labs claims that financial institutions trying to send payments into hard to reach places in the global payment system can save up to 70% by using Ripple’s software in conjunction with XRP in lieu of nostro or vostro accounts. So what are these nostro and vostro accounts?Nostro and vostro are Italian words that describe the same account in the international banking system. “Nostro” means ours and “vostro” means yours. For example, Bank A uses the phrase “nostro account” to refer to its account that’s held by Bank B. Nostro means “our.” If a financial institution says it has a nostro account with another financial institution its a way of saying, “we have money that is on deposit at your bank.” Bank B refers to Bank A’s account that it holds as a vostro account and it’s a way of saying, “you have money that is on deposit at our bank.” A vostro account can be either a company’s or an individual’s. Banks in Japan and the United States often hold vostro accounts on behalf of foreign banks. The vostro account is held in the currency of the country where money is on deposit. These accounts are often used to simplify trade and foreign exchange transactions. Ripple Labs and the XRP community think they can make nostro and vostro accounts unneeded and can make the experience better and cheaper for businesses, financial institutions, and individuals in exotic currency corridors such as currency flows between Colombia and Turkey. The way the XRP ledger comes to consensus is much different than PoW or PoS based assets like Bitcoin and Ethereum. According to Ripple Labs, the core principle of consensus for the XRP ledger is “a little trust goes a long way”. This is very different than the adversarial environment and trust-less environment networks like Bitcoin are designed to operate in. XRP relies on identity and reputation in ways that networks like Bitcoin try to avoid. Consensus is all about agreement, and in the case of distributed ledgers or blockchains, it’s all about the network coming to agreement about the order of transactions made on the network. This is an easy problem when there’s a central administrator that decides unilaterally what the order of transactions should be, but in a distributed system this problem is much harder to solve. Satoshi Nakamoto was the first to solve this problem without a central administrator by inventing Bitcoin. Since Nakamoto’s success, many iterations and experiments have been launched to try different ways of coming to consensus in a distributed system. Consensus in XRP is led by sets of validators with substantial overlap amongst the sets. Individual validators are a part of sets called unique node lists (UNL). Each participant on the network chooses their own trusted set of validators (UNL) but for participants to agree on the order of transactions participants must choose a UNL that is fairly similar to the sets chosen by everyone else. If a participant’s UNL has less than 90% overlap than the rest of the network, it could cause the ledger of the participant to diverge from others on the network. Because of this potential divergence, Ripple publishes a signed list of recommended validators run by Ripple, industry participants, and other trusted validators. Consensus among the validators is an iterative process in which validators propose a specific order of transactions with other validators, and the other validators propose their own, with the validators reconciling proposals until there is a consensus amongst the validators about the validity and order of transactions. The XRP ledger needs a supermajority of these validators to declare consensus for the network to move forward. The threshold for a supermajority in the XRP ledger is 80%. If less than 20% of the validators are dishonest or faulty the network can still make progress. If more than 20% of the validators are dishonest or unreliable the network will not make progress.A 51% attack is not a threat for the XRP ledger like it is in other networks like Bitcoin or Dash. However, if greater than 20% of the XRP validators are malicious, the networks may have trouble making progress. In a more extreme case, if more than 80% of the XRP validators are malicious, an invalid transaction could be processed by the network. In short, as long as at least 80% of the validators are honest the XRP ledger will come to consensus and move forward as a payments network. At the heart of the criticisms and concerns around XRP is its relationship to Ripple Labs, the company. In a space dominated by concepts such as decentralization and central points of failure, the existence of a company heading the development of a distributed ledger is anathema to many in the cryptocurrency space. Those denying that XRP has any relationship to Ripple Labs are rewriting history and are willfully misleading people. However those that call Ripple Labs the sole operator of the ledger are also off base. It is incontrovertible that Ripple has significant influence over the network, but it doesn’t mean that the XRP ledger won’t work in the wake of Ripple’s absence. The network would definitely be hurt by Ripple’s absence, but in theory the network could still come to consensus and process transactions if enough of the other participants thinks its still valuable to keep running the network. The next criticism revolves around the XRP consensus process which is explicitly identity based. Satoshi, in the Bitcoin whitepaper, wanted to avoid identity as a basis for consensus in the Bitcoin system in order to avoid Sybil attacks. Proof of work (PoW) was proposed specifically as a solution to defend the network against Sybil attacks. Although it’s true that XRP is more vulnerable to a Sybil attack than non-identity based networks, anyone attempting this type of attack would have to convince a lot of different individuals, businesses, and institutions to trust their validators. In theory this is possible but very hard to pull off, much like a 51% attack in a PoW based system in theory is possible but can be difficult to pull off. Another criticism is the homogeneity of the network. Although anyone can participate and pick their own unique node list (UNL), Ripple themselves does not recommend doing this. Ripple says that if you don’t have enough overlap between your UNL and the dominant nodes on the network, your server may diverge from the rest of the network. Ripple says they are researching ways to improve consensus that allows for a more heterogeneous validator list. So all though in theory you can participate and pick your own list, in practice you shouldn’t and can’t without significant risk. When comparing this fact to other networks, XRP’s relative decentralization is on the low end of the scale in practice.Depending on your point of view, networks like XRP could be decentralized enough or too centralized. We believe decentralization is incredibly hard to define in a precise manner and isn’t an end in of itself. Hopefully Ripple Labs’ research is fruitful in making their consensus process open to more parties without significant risk of divergence. The last criticism is the token distribution of XRP. If you recall in the introduction, 1 billion ripple credits (now XRP) were minted at the origin of the network with 800 million going to the company and 200 million split amongst the founders with no further token creation set to take place. A lot of XRP has since migrated its way into markets, but most of it is still in control of Ripple and the founders. This makes holders of XRP highly dependent on the behavior of Ripple and XRP’s founders. However, Ripple and the founders have multiple agreements and plans that limit the sale of XRP at any particular point in time. This could be called its inflation rate, but it’s not algorithmic like it is in Litecoin and it is more dependent on human action and the legal system. The XRP ledger has come a long way over the last few years and we’re proud to support the holders and users of XRP in the Edge Wallet. We look forward to the continued development of one of the oldest, fastest, and well known crypto-assets in the space. 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The past 24 hours have been extremely boring when it comes to XRP and cryptocurrency markets overall. The global market cap remains at $127 billion and it looks like the market is frozen in time. New Years is coming up next week and it is likely the market is waiting for 2019 before making any major moves.After briefly testing support at the $0.38 level, currently XRP is trading at $0.36. Trading volume is also declining following the jump to $0.44 on December 24th. Traders are waiting on the sidelines for the asset’s next move before jumping in the market.After announcing support for XRP deposits, eToro received backlash by the community on twitter. Managing Director of eToro UK Mr. Iqbal Gandham responded to the community and addressed their concerns.In other news, Uphold announced that XRP just surpassed BTC as their largest digital asset. Specifically, according to their website Uphold has $25.5 million in obligations for BTC and $27.1 million in obligation for XRP – quite an interesting statistic. This shows that many investors are interested in XRP and definitely see potential in the digital asset.We see you, #XRPcommunity! 👀 $XRP recently surpassed $BTC as #Uphold’s largest digital asset (in USD value)!Check it out! You can track all of our holdings and obligations anytime on our website ➡️ https://t.co/gPT7jw9Uko #transparency pic.twitter.com/ZaxV445ifmSpeaking of XRP achievements, the ledger turned 6 years old on December 21st. The amount the team was able to achieve in such a short amount of time is astounding and the almost $15 billion valuation is well deserved.CELEBRATING: The XRP ledger is 6 years old today! As both an #XRP exchange and a #Ripple Gateway, we’re joining the #xrpcommunity in celebrating this moment! pic.twitter.com/dVTCRnpUrqThe last big piece of news that happened this week was the addition of XRP as a base currency to cryptocurrency’s #1 exchange – Binance. When the CEO tweeted the news, the market reacted sharply rising by over 20%.We will be adding a couple trading pairs with XRP as the quote currency shortly. And rename ETH markets to ALTS market. Running out of space on the UI. There are two events in the near future that can really help the XRP price. First is if Coinbase announces the integration of the digital asset with their platform. So far there have been no news from the platform, however digital assets like XRP and XLM were mention along with 29 other cryptocurrencies in Coinbase’s blog post on December 7th.“Coinbase’s goal is to offer support for all assets that meet our standards and are fully compliant with local law. Over time, we intend to offer our customers access to greater than 90% of all compliant digital assets”The other event that can trigger a market movement is the SEC announcing further regulation on digital assets. While we haven’t heard anything from the SEC as of late, they recently tweeted out one of their announcements that was originally posted on October 11th earlier this year.Considering digital asset investments? Read this first: https://t.co/FBEGxZ6gUWThe announcement titled: “Investor Alert: Watch out for false claims about SEC and CFTC endorsements used to promote digital asset investments” In the post, the SEC mentions:“Both agencies will announce any official actions, including those regarding digital assets, through official government sources”If the SEC can provide a ruling on whether or not XRP is a security, that will provide clarity for businesses dealing with digital assets such as XRP and will pave the way for innovation. Until the SEC comes out with such an announcement, progress will be made at a much slower pace as companies will have to second guess their every step.Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Show less

XRP (CURRENCY:XRP) traded up 1.3% against the US dollar during the 24-hour period ending at 13:00 PM E.T. on February 9th. XRP has a total market capitalization of $12.26 billion and approximately $2.33 billion worth of XRP was traded on exchanges in the last day. One XRP coin can now be bought for $0.28 or 0.00002785 BTC on major cryptocurrency exchanges including Huobi, Ripple China, BCEX and ZB.COM. Over the last week, XRP has traded 10.6% higher against the US dollar. Heres how similar cryptocurrencies have performed over the last day:Bitcoin SV (BSV) traded 1.1% higher against the dollar and now trades at $341.64 or 0.03389840 BTC.Tether (USDT) traded 0.3% higher against the dollar and now trades at $1.00 or 0.00009948 BTC.Binance Coin (BNB) traded up 9.4% against the dollar and now trades at $23.68 or 0.00234961 BTC.TRON (TRX) traded down 0.1% against the dollar and now trades at $0.0220 or 0.00000218 BTC.Stellar (XLM) traded up 1.4% against the dollar and now trades at $0.0724 or 0.00000719 BTC.Chainlink (LINK) traded 2.8% lower against the dollar and now trades at $3.33 or 0.00033040 BTC.Neo (NEO) traded 7.3% higher against the dollar and now trades at $13.78 or 0.00136722 BTC.COZ (COZ) traded up 26.7% against the dollar and now trades at $0.22 or 0.00004541 BTC.Basic Attention Token (BAT) traded up 2.7% against the dollar and now trades at $0.27 or 0.00002642 BTC.VeChain (VET) traded up 1.4% against the dollar and now trades at $0.0068 or 0.00000067 BTC.About XRP XRP launched on February 2nd, 2013. XRPs total supply is 99,991,093,055 coins and its circulating supply is 43,698,224,662 coins. The official message board for XRP is www.xrpchat.com. XRPs official Twitter account is @Ripple and its Facebook page is accessible here. The Reddit community for XRP is /r/ripple and the currencys Github account can be viewed here. The official website for XRP is ripple.com/xrp. According to CryptoCompare, The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The Worlds First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is self-clearing, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.Buying and Selling XRP XRP can be purchased on the following cryptocurrency exchanges: ZB.COM, Bitstamp (Ripple Gateway), OKEx, Bitso, Bitstamp, Upbit, BtcTurk, Ripple China, BCEX, BitBay, BTC Markets, Coindeal, Bittrex, RippleFox, DragonEX, C2CX, Coinsquare, Instant Bitex, Korbit, Stellar Decentralized Exchange, Bitbank, Ovis, CoinEgg, ABCC, BitMarket, Koineks, Tripe Dice Exchange, OTCBTC, FCoin, LakeBTC, Vebitcoin, Bitfinex, CoinFalcon, CoinBene, Coinrail, Binance, BitFlip, LiteBit.eu, Cryptomate, Bits Blockchain, Coinone, Fatbtc, Poloniex, Bitinka, Coinbe, Coinsuper, Koinex, Covesting, BTC Trade UA, CEX.IO, Indodax, Stellarport, Kraken, Gate.io, Altcoin Trader, Independent Reserve, BX Thailand, B2BX, Bitlish, Gatehub, Exmo, HitBTC, Zebpay, Braziliex, Cryptohub, Huobi, Bitsane, Kuna, DigiFinex, WazirX, OpenLedger DEX, Exrates, Bithumb, GOPAX, Sistemkoin, Bitbns, Coinhub, MBAex and Liquid. It is usually not currently possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to trade XRP should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the aforementioned exchanges. Receive News & Updates for XRP Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for XRP and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. Show less

Opinion: XRP, the second-largest cryptocurrency by market cap, has been facing a ton of speculation from the beginning, and the stories have resurfaced as SEC has revamped their hunt for fraudulent ICOs to help investors from losing funds.The origin of Ripple and XRP has always been unclear, as the facts available say one thing, but the company officials say another.Although the CEO of Ripple, Chris Larsen, and the chief market strategist, Cory Johnson, have made it sufficiently clear in recent days by their media tours that XRP is in fact not issued and created by Ripple, they still have a lot of explaining to do with respect to the skeletons of the past that are crawling out of the closet.The infographic below shows the evidence of conflicting ideas around Ripple and XRP.  To avoid further confusion in the community, Jed McCaleb and Cory Johnson went on a media tour clarifying that XRP is not a security and that it was not created by Ripple.One such example is the letter by CEO of Ripple, Brad Garlinghouse, which lists reasons as to why XRP is not a security.1. “If Ripple, the company, shut down tomorrow, the XRP ledger would continue to operate. It’s open-source, decentralized technology that exists independent of Ripple.”2. “The people buying XRP, they don’t think they’re buying shares of Ripple. There’s a company called Ripple, we are a private company, we have investors… but buying XRP doesn’t give you ownership of Ripple, it doesn’t give you access to dividends or profits that come from Ripple.”3. “XRP is solving a problem. There’s no utility in a security.”The RebuttalIn reply to Mike Dudas’ Tweet, Dr. T [XRPTrump] denied the proof of Ripple creating XRP and said that it was created long before the company Ripple and also provides proof with a GitHub repository which shows that 100 billion XRP was indeed created in May 2012 and that Ripple was created in September 2012.In addition to the GitHub repository, Dr. T also refers to The Founder’s Agreement created by Jed McCaleb, Chris Larsen, and Arthur Britto, which sheds light on how the XRP was created and distributed among founders.David Schwartz, the CTO of Ripple, agreed with Dr. T and said:“It’s a very weird series of superficially apparent contradictions presented as if they were some great mystery and there was no way to tell what is true. Many of them can be readily cleared up just by looking at the project’s public github history.”He continued:“It’s not surprising that when discussing things where the distinction is not relevant (such as the mechanics of the XRP supply) one wouldn’t distinguish between what Ripple the company did and what people who became founders and employees did before the formation of the company.”XRP The Standard [XRP Community]As reported in the XRP community blog, Hodor, a prominent XRP enthusiast, said that the “share of ownership of the company [Ripple] is only known by the insiders”, while he also stated that the company is still kept “private”. He had said:“… we can surmise that the earlier the investor, the greater the potential share, generally; however, the significant amount of money infused in later rounds might have resulted in a material share of the company ownership as well; only company insiders really know for sure.”The blog also stated that the founders of Ripple and XRP allocated a portion of XRP to themselves while donating most of it to the company Ripple [previously called OpenCoin].OpenCoin was given 80 billion XRP while Jed McCaleb and Chris Larsen were given 9 billion and 7 billion XRP respectively. Jesse Powell, who was also on the board at Ripple, put out a letter which questions why Jed McCaleb and Chris Larsen allocated the XRP to themselves. Powell said:“In my view, the two stole company assets when they took XRP without the approval of early investors, and without sharing the allocation amongst the other shareholders.”But then again, it was just a view, and like Hodor says “only the company insiders know for sure”.Securities and Exchange Commission [SEC]During the Consensus Invest 2018, SEC’s Jay Clayton was asked multiple times about how and when XRP will be classified, to which he replied:“We are open to people coming in to see us with their particular situation and I will tell you, some of these questions take time.”The Howey Test is open to interpretation and by stating facts and pointing out that XRP is a security doesn’t make it so. Only time can tell as to what SEC will decide, and if it does decide to classify it as a security, what the implications could be for XRP and the community.Implications:XRP is a securityIf XRP is classified as a security, the first thing that will happen is that there will be a massive FUD in the community and the price might take a steep decline, but the use case for XRP will remain the same nonetheless.Clayton’s “no comment” response on XRP could mean that the asset is under investigation, and Bakkt recently showed interest in listing cryptocurrencies other than Bitcoin, knowing that Bakkt is backed by the parent company ICE and conveniently owns New York Stock Exchange. If we put two and two together, it could mean that SEC might be waiting for Bakkt to launch. But then again, this is pure speculation and most of all, this is a big if.Furthermore, as per the SEC’s rules, XRP will be delisted from all the cryptocurrency exchanges and the legal framework governing securities would mean that Ripple would have to comply with the fiduciary obligations to their so-called shareholder. Significantly, a security classification would be a disaster for Ripple because, as per the US SEC security laws, hodling XRP would come with an entitlement to ownership, income, dividends, interest etc.Although the above situation sounds grim it could also be a safe haven for XRP and Ripple as they will now be backed by the SEC and hence create a conducive trust-atmosphere around the asset, which could trigger investments by major institutions who wouldn’t otherwise invest in cryptocurrencies.XRP is not a securityIf the SEC rules that XRP is not a security and just another utility, the workings of XRP wouldn’t change, and all the FUD surrounding XRP and Ripple and the creation of XRP would be done with once and for all.The upside of not being classified as a security could cause ripples [pun intended] in the XRP community and cause the prices to spike and hence push mass adoption of XRP and more partnerships with Ripple.Institutional investors would invest in it no matter what its classified as, and instead of buying it from securities exchange they would buy it from exchanges like Binance, Coinbase or OTC.Moreover, it would reduce the regulatory uncertainty in the space and lead to more investments in the asset.Subscribe to AMBCrypto’s Newsletter Follow us on Telegram | Twitter | Facebook Up NextLitecoin [LTC/USD] Technical Analysis: Bulls to move in for the kill as bears shirk away Don't MissSEC Chairman: Bitcoin [BTC] is not a security as it is widely distributed and was not controlled by a single entity Akash is your usual Mechie with an unusual interest in cryptos and day trading, ergo, a full-time journalist at AMBCrypto. Holds XRP due to peer pressure but otherwise found day trading with what little capital that he owns. Bitcoin [BTC] aims to replicate some properties of physical cash but in electronic form: BitMEX Research Bitcoin [BTC] is a “black box” and not transparent, says legendary investor and financial analyst TRX/XRP pair goes live on Taiwanese exchange Bitrue Bitcoin [BTC] to be used for paying business taxes; US based company makes a first Coinbase’s Q4 accomplishments hints staking feature; possible listing of Tezos [XTZ] BitTorrent’s Tron-based cryptocurrency will have total supply of 990 million BTT to be minted Click to commentLeave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Show less

Websitehttps://ripple.com/xrp/Ripple Holds Most of The XRPhttps://www.quora.com/Is-XRP-centralizedWhy is Ripple holding 50 billion XRP?https://www.quora.com/Why-is-Ripple-holding-50-billion-XRPXRP FUD Bingohttps://fudbingo.com/the-xrp-token-will-not-be-usedList of ripple partnershipshttps://docs.google.com/spreadsheets/d/1E1AcLBd_ykemoDAPwZsbl5f2wyrS7RhlAt94CrHXTAg/edit#gid=1168577263***********************************************************************Buy Me A Beer?BTC: 39E1hxc61GXMjmYEJnEwcY8Pn7K5kYh2izSupport The Channel!!Sign up for Coinbase & get $10 in free Bitcoin:https://www.coinbase.com/join/5a79084Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe!https://www.ledger.com/?r=29fd4d75e9bc***********************************************************************#XRP #Ripple #Crypto #Bitcoin #Invest #Neblio #Starbucks #BAKKT #Cardano #Crypto #Invest #Bitcoin #XRP #StellarLumens #Google #Vechain #Ripple #ethereum #Bakkt #Crypto #cryptocurrency #information #btc #Invest #eth #litecoin #altcoin #altcoins #eos #foreign exchange #cash #greatest #buying and selling #bitcoinmining #dealer #cryptocurrencies #prime #investing #shares #marketanalysis #entrepreneur #enterprise #success #funding #finance #bitcoins #motivation #coinbase #shares #wallstreet #investor #ico #wealth #bullish #bearish #cryptolive #altcoindaily #starbucks***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This info is what was discovered publicly on the web. This info mightve been doctored or misrepresented by the web. All info is supposed for public consciousness and is public area. This info isnt supposed to slander hurt or defame any of the actors concerned however to point out what was mentioned via their social media accounts. Please take this info and do your personal analysis.bitcoin, cryptocurrency, crypto, altcoin, altcoin each day, blockchain, decentralized, information, greatest funding, prime altcoins, ethereum, electroneum, tron, greatest altcoin buys, hodl, vechain, 10x, 100x, funding methods, 2019, 2020, eos, stellar lumens, omisego, prime altcoins 2019, dogecoin, bitcoin etf, elastos, bitcoin money, Bitcoin rip-off, bitcoin crash, bakkt, xrp, cardano, ripple, bitcoin backside, bull run, ought to I purchase bitcoin, digibyte, binance, bitTorrent token, ought to i purchase xrp, xrp centralized, xrp vs xlm Continue ReadingYou may also like...Can Bitcoin (BTC) STILL Make You A Millionaire? RealisticallyDKKAT! BNB ZENGN EDECEK M? Bitcoin 'den Sonra Popler Altcoin BNB 100 Dolar Olacak M?Altcoin Bull Run ? BITCOIN HITTED $13Okay CRAZIEST MOVE OF BTC.Altcoin'ler Batyor! Altcoinler Neden Dyor? Daha Ne Kadar Decek?Related Topics:altcoinClick to comment Show less

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XRP (CURRENCY:XRP) traded 7.5% lower against the US dollar during the 1-day period ending at 0:00 AM E.T. on December 17th. XRP has a market capitalization of $8.01 billion and $2.00 billion worth of XRP was traded on exchanges in the last day. One XRP coin can currently be purchased for $0.18 or 0.00002770 BTC on cryptocurrency exchanges including BTC Markets, ABCC, Koinex and OpenLedger DEX. Over the last week, XRP has traded down 17% against the US dollar. Here is how other cryptocurrencies have performed over the last day:Tether (USDT) traded 0.5% lower against the dollar and now trades at $1.00 or 0.00015005 BTC.Binance Coin (BNB) traded 6.1% lower against the dollar and now trades at $12.53 or 0.00187661 BTC.Bitcoin SV (BSV) traded 7.8% lower against the dollar and now trades at $81.16 or 0.01215614 BTC.Stellar (XLM) traded 8.4% lower against the dollar and now trades at $0.0443 or 0.00000663 BTC.TRON (TRX) traded 6.1% lower against the dollar and now trades at $0.0126 or 0.00000189 BTC.COZ (COZ) traded up 26.7% against the dollar and now trades at $0.22 or 0.00004541 BTC.Chainlink (LINK) traded down 7.4% against the dollar and now trades at $1.79 or 0.00026818 BTC.NEO (NEO) traded down 3.5% against the dollar and now trades at $8.08 or 0.00121033 BTC.Crypto.com Chain (CRO) traded 0.3% lower against the dollar and now trades at $0.0381 or 0.00000379 BTC.VeChain (VET) traded 5.3% lower against the dollar and now trades at $0.0048 or 0.00000071 BTC.XRP Coin Profile XRP launched on February 2nd, 2013. XRPs total supply is 99,991,166,638 coins and its circulating supply is 43,310,265,523 coins. XRPs official website is ripple.com/xrp. XRPs official Twitter account is @Ripple and its Facebook page is accessible here. The official message board for XRP is www.xrpchat.com. The Reddit community for XRP is /r/ripple and the currencys Github account can be viewed here. According to CryptoCompare, The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The Worlds First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is self-clearing, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.XRP Coin Trading XRP can be bought or sold on these cryptocurrency exchanges: Kuna, CoinFalcon, Bitso, CoinBene, Bitstamp, Altcoin Trader, CEX.IO, Upbit, Cryptohub, Fatbtc, Gate.io, Exmo, Koinex, B2BX, Sistemkoin, Bittrex, C2CX, BitBay, Bitsane, Coinsuper, Coinsquare, Coindeal, LiteBit.eu, Gatehub, Koineks, Coinbe, BTC Trade UA, ABCC, Huobi, OTCBTC, HitBTC, Indodax, RippleFox, Bitinka, Stellar Decentralized Exchange, Independent Reserve, OKEx, ZB.COM, Bithumb, Korbit, BCEX, Covesting, Cryptomate, Binance, Tripe Dice Exchange, Stellarport, BTC Markets, DigiFinex, Coinone, LakeBTC, DragonEX, BitFlip, FCoin, Coinhub, GOPAX, Ovis, Vebitcoin, Bitstamp (Ripple Gateway), WazirX, Bitlish, MBAex, Bitfinex, Bitbns, Ripple China, BX Thailand, Liquid, Instant Bitex, Bits Blockchain, Poloniex, OpenLedger DEX, CoinEgg, Zebpay, Exrates, BitMarket, Kraken, Coinrail, Braziliex, BtcTurk and Bitbank. It is usually not currently possible to purchase alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to acquire XRP should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the exchanges listed above. Receive News & Updates for XRP Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for XRP and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. Show less

Amidst the downward correction in the digital currency market, XRP (XRP) made a significant move and broke a wider downturn. While other digital currencies were counting losses, XRP (XRP) saw a sharp price recovery and increased by more than 8 percent. The upsurge in the value of the digital currency came after a surprising announcement from Coinbase – a US-based digital currency trading platform and wallet provider.Coinbase recently announced it would add Ripple – the common name for the XRP tradable coin – to its platform for Coinbase Pro users as the firm starts to add more support for different digital currencies. The announcement had a positive impact on the value of XRP (XRP) and other digital currencies including Bitcoin (BTC), Litecoin (LTC), Stellar Lumens, and Bitcoin Cash (BCH).According to a blog post by Coinbase, the digital currency will first be accessible for Coinbase Pro users in the United States (excluding New York), United Kingdom, Canada, Australia, and Singapore. The firm stated that more jurisdictions might be added in the near future. Coinbase in San Francisco already supports Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC), and has promised to add more digital currencies in the next couple of months.Historically, XRP (XRP) has been seen as a unique digital currency in the crypto space, and this development could be seen as a major win for the digital currency. The addition of XRP (XRP) to the professional trading platform of Coinbase comes as digital currency traders and investors nervously wait for institutional support for digital currency – something many see as a potential catalyst for the value of Bitcoin (BTC).The sudden price surge of XRP (XRP) accompanies a tumultuous weekend for Bitcoin (BTC) and other digital currencies in the market. The value of Bitcoin (BTC) and other digital currencies skyrocketed on Saturday before declining sharply on Sunday. The volatility of the market was attributed to the forthcoming hard fork of Ethereum, which will take place this coming Wednesday.In a statement, the senior market analyst at brokerage eToro – Mati Greenspan – said: “This latest digital currency selloff is a stark reminder that digital currency assets remain a developing, volatile asset-class, and investors should act accordingly. Bulls will be watching to see if the value of the Bitcoin (BTC) can hold at $3,800, as this would be a great support level.”The downward trend was also led by Ethereum (ETH). The digital currency plunged into the red about five minutes ahead of other digital currencies in the market. As a result, ether is now a bell weather asset for the crypto market.The value of XRP (XRP) has been struggling over the past 6 months after a massive surge following announcements that some top financial institutions and banks would use the technology of Ripple for cross-border settlements. XRP (XRP) surged by more than 100 percent after the news. However, the digital currency has lost most of the gains it amassed then. The digital currency has also declined by more than 80 percent from its all-time high during the massive bull run in late 2017.At the time of writing, XRP (XRP) is changing hands at $0.335 after an increase of about 6 percent over the twenty-four hours. The current market cap of the digital currency is $13.16 billion and its trading volume over the past twenty-four hours is $1.41 billion.Save my name, email, and website in this browser for the next time I comment.This site uses Akismet to reduce spam. Learn how your comment data is processed. Show less