Ripple Lands New Country For A Stablecoin Pilot Project, XRP Involved?

In a piece of news that went undetected within the crypto community for a few days, the Southeastern European country of Montenegro has announced a partnership with Ripple. The country’s prime minister, Dr. Dritan Abazović tweeted about the pilot project with Ripple already on January 18, 2023.

Via the social media platform, the Montenegrin Prime Minister reported on his meeting with Brad Garlinghouse, CEO of Ripple, and James Wallis, Ripple Vice President for Central Bank Engagement and CBDCs and said:...
Ripple (XRP) skyrockets

The token of Ripple Labs, XRP reaches the highest levels in three months 

XRP, Ripple’s native token yesterday returned to the highs it has touched in the past three months buoyed by a wave of buying due to the approaching verdict on the lawsuit filed by the SEC....
Ripple CTO Isn't So Pleased with Flare Proposal for Two Reasons: Details

Ripple CTO David Schwartz seems not to be so pleased with the Flare governance proposal (FIP01) which, if passed, would consist of a set of changes that would impact the distribution and inflation of the Flare blockchain's native token.

He cites two reasons: the first is that it gives XRP holders only 15% of what they were promised. Second, it builds in a lot of monetary expansion that does not seem to benefit anyone....
Flare Network’s long awaited airdrop goes live- Ripple’s XRP holders benefit
 
• Layer 1 EVM-compatible oracle network Flare Network completes its first token distribution event. 
• The event is a significant milestone for the network which has suffered a more than two-year delay due to Ripple’s legal troubles....
XRP a security? What the Schwartz-Satoshi skirmish reveals about Ripple

“Bitcoin cannot ever be adopted by institutional investors until the system is able to be recovered under a legal court order.”

This recent statement by Dr. Wright is a truism to anyone who understands the legal concepts of property and the concerns of legitimate institutional investors when considering the status of digital assets....
XRP Price in Green as Ripple Helps Transfer Close to 500 Million XRP

According to a recent tweet by prominent blockchain tracker Whale Alert, over the past 13 hours, an astounding amount of Ripple-affiliated XRP tokens has been replaced in pretty large chunks of crypto. Among the senders was leading blockchain platform Ripple Labs. In total, nearly half a billion coins have been moved. As for the price of XRP, it has shown a slight rise over the past 24 hours, going up by more than 4%. Transfer of 480 million XRP spotted, Ripple among senders The aforementioned platform that traces large...
The Twitter feud between Ripple’s CTO and Craig Wright continues

The argument between Ripple CTO David Schwartz and Craig Wright continues over Twitter. The self-proclaimed Bitcoin creator recently questioned XRP’s performance and utility in a string of tweets.

It all started with David Schwartz questioning Craig’s claims regarding Bitcoin’s utility for institutional investors. Both parties argued over Twitter for a while before Craig started questioning Ripple’s ongoing market standing....
Ripple Wires Billion XRP, Here's How Many Tokens Locked Back in Escrow: Possible Reason

According to Whale Alert, roughly 20 hours ago, it detected Ripple Labs moving one billion XRP coins that were shifted from escrow on Sunday, Jan. 1. The majority of it was sent back to escrow an hour later. Regular XRP withdrawals from escrow As U.Today reported, three days ago, as 2023 started, Ripple conducted its traditional programmed withdrawal of a staggering billion XRP from one of its escrow accounts. These releases of XRP started five years ago, when the blockchain giant decided to...
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XRP Lawsuit: Ripple May Have Upper Hand Against SEC, Thanks to U.S. DOJ’s Latest Comments on Crypto

As the SEC vs Ripple case extends into the new year, XRP supporters are on the lookout for any edge Ripple could have over the SEC in hopes that it might strengthen Ripple’s chances of winning the case.

Luckily, XRP supporters can look at the recent statements made by the U.S. Department of Justice, which classifies two cryptocurrency tokens as “commodities.” The statements have spurred optimism among community members, who consider the statement a valid point of reference for Ripple’s...
Ripple CTO Explains Why XRP Price Is So Low

Ripple CTO David Schwartz believes that the sluggish performance of XRP and other major cryptocurrencies is a result of uncertainty as to whether or not crypto will actually be the next big thing. Using Google in 2000 as an example, Schwartz compares how people may have been skeptical then about how the search engine was going to deliver billions of dollars worth of new wealth, but some became true believers and made millions. He believes that crypto is in a similar situation as of now.

As a result, prices often move together as investor...
Ripple Insider Says Smart Contracts Coming to the XRP Ledger

The former principal developer advocate at San Francisco-based payments firm Ripple is revealing that a key functionality is coming to the XRP Ledger (XRPL).

Ripple insider Matt Hamilton responds to a claim made by an anonymous Twitter user that payments network XRP has no use case....
Craig Wright Calls XRP ‘Useless Pump And Dump Scheme’, Ripple CTO Hits back

XRP News: David Schwartz, Ripple CTO and Craig Wright, self proclaimed Bitcoin creator got into a war of words over BTC adoption by institutional investors. However, this heated conversation took a wrong turn toward the XRP token and its utility.

Ripple CTO – Craig Wright’s ugly banter...
Will Ripple’s XRP Price Pump to $1 in the Massive 2023 Rally?

The value of Ripple’s cross-border settlement cryptocurrency, XRP, has been on an absolute roller coaster since the start of the Securities and Exchange Commission (SEC) vs. Ripple litigation in December 2020. Additionally, this year’s turmoil in the cryptocurrency market has finally improved the chances for the XRP token in 2023.

The bulls have been in the lead today, according to ripple price analysis, which indicates that the price is again covering upward movement. The price rose quickly the previous day, which was quite...
Ripple Partner and MoneyGram Launch New Remittance Service in Brazil

MoneyGram International has launched a new remittance service in Brazil through a new partnership with Frente Correta, one of the main partners of fintech firm Ripple in the country. The new service was positively met by the $XRP community.

According to a newly issued press release, the new partnership led to the launch of MoneyGram Online in Brazil, allowing users to send funds from the country in “near real-time” to family and friends throughout the world. Recipients can receive the funds through a “suite of options...
SEC, Ripple get extensions to exclude expert testimony in XRP lawsuit

The federal judge in the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. has granted a joint motion from all parties to extend the deadline for the Daubert Motions that would exclude certain expert testimonies.

A Daubert motion is a type of motion that seeks to exclude the testimony of an expert witness. Both the SEC and Ripple have sought to seal the identities of certain non-parties....
Ripple CTO's NFT Collection with Ugly People Is Out, Here's What's Happening

Ripple's CTO and one of the architects of the XRPL ecosystem, David Schwartz, has released his own NFT collection, Ugly On The Outside. The 28 pieces of digital art were created on Ethereum and are for sale on the OpenSea marketplace.

Schwartz released his NFT creations under the pseudonym Joel Katz. The items in the collection are extremely ugly characters, which the author suggests future owners will name after people they know who are as ugly on the inside as these "folks" are...
Market Sentiment for XRP Remains Bullish as the Whales Transfer Hundreds of Millions Tokens

Over the past 24-hours multiple heavy volume XRP transactions have been made. In the first transaction from Binance’s wallet to an unknown wallet, 49,926,216 XRP’s, worth $18,843,742, were transferred. The second transaction that involved the same accounts transferred 38,893,184 XRP tokens, worth $14,445,395.

According to the data the largest transfer from during the day was made half an hour ago. The transaction transferred 300,000,000, 300 million, from Binance to an unknown wallet. In dollar...