#prconnect

XRP is now the third-biggest cryptocurrency in the world by market cap, and much of the credit for its success goes to the San Francisco-based Fintech company, Ripple Labs. In a new development that should come as a major boost to Ripple holders, the company announced on Monday that it has come up with two new versions of the XRP Ledger. The announcement was made through the Ripple subsidiary,…

There is a possibility of traders experiencing a sell-off in XRP after Ripple unlocked another 1 billion XRP, worth around $230 million from its escrow wallet.

Ripple Draws Criticism for Unlocking of 1 Billion XRP

Ripple’s move has become a common trend that occurs at the beginning of each month, and it has drawn growing criticism every time it happens. There have been questions regarding the…

XRP Could Upswing Despite Growing Uncertainties Around the Token

Controversy continues to surround Ripple’s XRP token, and the company’s incentivizing of partners to start using its cross-border payment solution has flooded the crypto’s market supply. However, despite all this uncertainty surrounding XRP, one analyst thinks that the cryptocurrency is bound for a huge upswing.

Ripple Paid Moneygram to Use Its Cross-Border Remittance Service

Over the past week,…

Ripple XRP Sales Fall 80% to Historic Low in Q4 2019

Sales of Ripple’s XRP token fell a huge 80% to a record low in the fourth quarter of 2019, according to the latest market report published by the crypto firm earlier this week.

The blockchain payments company sold a total of US$13.08 million of XRP tokens between October 1 and December 31 of last year, compared to US$66.24 million in the previous three months. The startling drop off in sales has…

Ripple Intends to Expand Further in Brazil Later This Year

Over the course of the past few years, XRP has firmly established itself as the world’s third-biggest cryptocurrency and Ripple, the company which holds the highest number of XRP tokens, has emerged as a big player in the payments business.

Over the years, the San Francisco-based company has emerged as one of the biggest names in the payments space and has set up operations in different parts of…

Ripple Upgrades Xpring Platform to Boost XRP Development

Ripple’s investment division, Xpring, has been revamped and condensed into a single site in order to further the development of its native XRP coin. The redesigned platform will now support payment integration into any mobile application.

Xpring Advancing DeFi Development

The new site, which can be found at Xpring.io, offers developers a wallet, new tools, technical documentation, and Xrping…

Ripple Makes Last-Ditch Attempt to Dismiss Securities Lawsuit

Ripple has filed a final motion to dismiss a lawsuit alleging that it held an unauthorized securities sale of its XRP tokens, arguing that the plaintiffs failed to meet a legal deadline for filing the suit.

The crypto company has reiterated its stance that XRP tokens are not a security and, therefore, not held to SEC regulations regarding offerings and has labeled the case against it as “self-de…

Ripple Reports Major Growth in XRP Sales in First Quarter

American financial technology firm Ripple, which is responsible for the development of the cryptocurrency XRP, has declared its fiscal first-quarter results.

The company, which was founded in 2012, is the largest holder of XRP, the third biggest cryptocurrency in the world, and is based in San Francisco, California. It has offices located around the world. The currency XRP, in itself, is…