XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today. Ripple Cofounder Sells 38 million […]

Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder's Stash Could Run Dry by May

Ripple has patented a network computing system for its XRP-powered cross-border payment product, On-Demand Liquidity (ODL). The United States Patent and Trademark Office (USPTO) officially granted the patent on January 26th, according to documents filed on the USPTO website. Ripple's patent explains that ODL helps banks avoid keeping money tied up in the “correspondent banking” […] The post Ripple Patents XRP-Powered On-Demand Liquidity Network for Cross-Border Transactions appeared first on The Daily Hodl.

Ripple Patents XRP-Powered On-Demand Liquidity Network for Cross-Border Transactions

Ripple co-founder Jed McCaleb has resumed selling his XRP holdings, dumping 130 million tokens over the last week.

Jed McCaleb Sells $69 Million of XRP in a Week

A pseudonymous crypto strategist with a large following on Twitter is bullish on XRP. The trader, known in the industry as Credible Crypto, tells his 113,100 followers that the crypto asset is likely to break out against Bitcoin in the short term. “Did I mention I think XRP is gonna pop? Odds XRP increases against […] The post Analyst Says XRP Poised To Pop and Outperform Bitcoin – Here's His New Target appeared first on The Daily Hodl.

Analyst Says XRP Poised To Pop and Outperform Bitcoin – Here's His New Target

The former acting Comptroller of the Currency is offering his take on the legal battle between the SEC and Ripple. Brian Brooks tells Coindesk.TV he believes the case could come down to the status of XRP today, and whether it is a security today, and not what its status may have been 10 years ago. […] The post Brian Brooks Predicts XRP Trading Will Resume in the US, Says SEC's Case May Center on One Simple Question appeared first on The Daily Hodl.

Brian Brooks Predicts XRP Trading Will Resume in the US, Says SEC's Case May Center on One Simple Question

Ripple says the U.S. Securities and Exchange Commission (SEC) “caused havoc” in the crypto markets after alleging the company illegally sold XRP as an unregistered security. In its fourth quarter 2020 markets report, Ripple cites the pausing of XRP trading on many US platforms as a key part of a crypto fallout triggered by the […] The post Ripple Says SEC's Lawsuit Needlessly Muddied the Waters for Exchanges, Market Makers and Crypto Traders Invested in XRP appeared first on The Daily Hodl.

Ripple Says SEC's Lawsuit Needlessly Muddied the Waters for Exchanges, Market Makers and Crypto Traders Invested in XRP

Stephen Palley is sounding off on the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple as he predicts that the payments firm will settle with the regulatory body. In a recent tweetstorm, the blockchain and virtual currency lawyer at Anderson Kill believes that Ripple's quick answer to SEC's complaint indicates that the payments startup […] The post Top Crypto Lawyer Predicts Ripple Will Settle With SEC, Free Trading of XRP May Resume in the US appeared first on The Daily Hodl.

Top Crypto Lawyer Predicts Ripple Will Settle With SEC, Free Trading of XRP May Resume in the US

Ripple sold tens of millions of dollars worth of XRP in the fourth quarter of 2020 amid the U.S. Securities and Exchange Commission's (SEC) allegations that the payments firm engaged in unregistered securities offerings. In its latest crypto market report released on Friday, the San Francisco-based startup reveals that it sold a net of $76.27 […] The post Ripple Releases Crypto Markets Report, Reveals Company Sold $76,000,000 in XRP in Fourth Quarter of 2020 appeared first on The Daily Hodl.

Ripple Releases Crypto Markets Report, Reveals Company Sold $76,000,000 in XRP in Fourth Quarter of 2020

Large investors are transferring XRP worth tens of millions of dollars as online search interest in the crypto asset explodes. In a series of tweets, the blockchain monitoring tool known as Whale Alert reports that high-stakes crypto whales moved a total of 119,723,157 XRP worth over $47.8 million in seven transactions. One of the biggest […] The post Crypto Whales Moving Millions in XRP As Google Searches for Crypto Asset Explode to All-Time High appeared first on The Daily Hodl.

Crypto Whales Moving Millions in XRP As Google Searches for Crypto Asset Explode to All-Time High

Digital payments firm Ripple is receiving one of the most prestigious security and privacy certifications in its field. The company says its RippleNet Cloud service has secured the System and Organization Controls 2 (SOC 2) certification. The SOC 2 confirms that RippleNet Cloud maintains a high standard of safety, reliability and privacy throughout its network. […] The post Ripple Earns Coveted SOC 2 Certification for Global Payments Network appeared first on The Daily Hodl.

Ripple Earns Coveted SOC 2 Certification for Global Payments Network

Japanese financial services giant SBI Holdings is adding XRP to its cryptocurrency lending service. In a new press release, SBI reveals XRP holders can now earn interest by lending their crypto assets to its VCTRADE cryptocurrency exchange platform. “Today, we have started handling XRP in the rental crypto asset ‘VCTRADE LENDING' service. By lending the […] The post Financial Giant SBI Launches XRP Lending Service appeared first on The Daily Hodl.

Financial Giant SBI Launches XRP Lending Service

Former U.S. Securities and Exchange Commission (SEC) executive Joseph Hall thinks there's a strong chance the SEC loses its case against Ripple. Hall, a partner at the law firm Davis Polk, says in a new interview on Thinking Crypto that he found the SEC case “pretty astonishing.” He argues that a judge reviewing the lawsuit […] The post Former SEC Official Says There's a Good Chance Agency Loses Its Case Against Ripple and XRP – Here's Why appeared first on The Daily Hodl.

Former SEC Official Says There's a Good Chance Agency Loses Its Case Against Ripple and XRP – Here's Why

Users of SBI's cryptocurrency exchange can lend XRP for a return of 0.1% per annum.

Japan's SBI Adds XRP to Cryptocurrency Lending Service

Former U.S. Securities and Exchange Commission (SEC) executive Joseph Hall says the regulatory body's lawsuit against Ripple highlights the overall need for clarity in the crypto asset industry. In a new opinion piece, the former SEC executive says the regulatory status of most crypto assets remains in a grey area that's hampering the growth of […] The post Former SEC Official Says Case Against Ripple Is Not a Slam Dunk – Here's Why appeared first on The Daily Hodl.

Former SEC Official Says Case Against Ripple Is Not a Slam Dunk – Here's Why

Dogecoin

Pumpers and dumpers have caused the collapse of XRP and Dogecoin prices, while Ethereum continues its meteoric rise thanks to DeFi.

Markets Flip as XRP, Dogecoin Price Collapse After Weekend Surge

XRP climbed more than 100% over the weekend, but lost more than 50% of its value today. Where will the digital token go next?

XRP Plunged More Than 50% After Its Latest Pump

Two popular crypto analysts are forecasting what's next for XRP after its big breakout. After the asset moved from about $0.28 on Friday to its current price of $0.66, Michaël van de Poppe says XRP could go to $1.00 or higher – but recommends traders avoid chasing the pump. He predicts 95% of investors will […] The post Top Traders Analyze State of XRP After Crypto Asset's Big Breakout appeared first on The Daily Hodl.

Top Traders Analyze State of XRP After Crypto Asset's Big Breakout

XRP has crashed hard from two-month highs reached early Monday, with a planned community buying effort failing to yield desired results.  The cryptocurrency is trading near $0.42 – down 40% from the high of $0.75 reached at around 11:10 UTC, according to CoinDesk 20 data.

XRP Pump Fails to Materialize as Price Crashes 40% From Day's High

On the back of the WallStreetBets movement, a Telegram channel has been pumping the price of XRP—despite the SEC lawsuit.

XRP Price Rockets to $0.75 After 295,000 Telegram Users Pump It

XRP has more than reversed the late December drop prompted by an SEC lawsuit against Ripple with a rally to two-month highs.

XRP Erases SEC-Led Drop as Supporters Pump Price Over $0.60

But on the other hand, the legendary musician doesn't recommend that anyone should buy these tokens.

‘Kiss' Bassist Gene Simmons Buys Dogecoin and XRP

Polkadot

In a surge reminiscent of dogecoin's recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66   As […]

XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours

Investors continue to actively inflate the prices of Dogecoin and XRP while DeFi takes a tumble. Wall Street suffers worst week since October.

Dogecoin and XRP Soar As Market Splits

A closely-followed crypto strategist and trader is updating his short-term forecast for XRP. In a new tweet, the pseudonymous analyst, known in the industry as Credible Crypto tells his 102,600 followers that XRP is not done moving higher following its ascent to a 30-day high of $0.48. “So I suspect we get our monthly close above […] The post Strategist Who Called Massive XRP Rally Forecasts What's Next for Fourth-Largest Crypto Asset appeared first on The Daily Hodl.

Strategist Who Called Massive XRP Rally Forecasts What's Next for Fourth-Largest Crypto Asset

"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk.

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