Ripple CEO Brad Galringhouse: Not Against Banks, But with Them

Ripple CEO Brad Galringhouse: Not Against Banks, But with Them

Ripple’s CEO Brad Garlinghouse has had quite a lot to say in the latest episode of Recode Decode with Kara Swisher, especially about the progress in the way the world views cryptocurrency and the need for banks to support this new digital phenomenon. After a broad array of careers spanning across industries and domains, including @Home Network, SBC, Yahoo and Hightail among others, Garlinghouse now functions as the CEO of one of the most prominent…

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Ria Money Transfer Partners with Ripple to Allow Instant Blockchain-Powered Global Payments

Ria Money Transfer Partners with Ripple to Allow Instant Blockchain-Powered Global Payments

Ria Money Transfer is one of the largest payment service providers in the world. The money transfer giant boasts a wide network of customers across 155 countries in the world, as its huge customer base is scattered across over 377,000 locations. No wonder the firm manages to process a total of $40 billion in money transfer volume every year. The firm, which is a subsidiary of Euronet Worldwide, recently teamed up with one of the…

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Nasdaq Introduces XRP Liquid Index (XRPLX) in Partnership with Brave New Coin

Nasdaq Introduces XRP Liquid Index (XRPLX) in Partnership with Brave New Coin

The Nasdaq has recently announced that it will begin dissemination of a new third-party index XRPLX or Ripple Liquid Index on GIDS by Brave New Coin, effective from Wednesday, May 1, 2019. Brave New Coin is engaged in collecting and validating cryptocurrency market data and creating crypto indices based on that since early 2014. It has been tied up with the Nasdaq since February 2018 with the aim to offer Bitcoin and Ethereum index level…

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XRP Sales Grew 31% in Q1 2019, Says Quarterly Report by Ripple

XRP Sales Grew 31% in Q1 2019, Says Quarterly Report by Ripple

Ripple released its quarterly report for Q1 2019. The report painted an optimistic picture for Ripple and their XRP token, indicating that the XRP token’s sales grew by 31% in Q1 2019 as compared to the preceding quarter and sold $169.42 million worth of XRP. In the last quarter of Q4 2018 this figure was down to $129.03 million. Ripple is one of the biggest competitors to the current cryptocurrency king, Bitcoin, although it’s still…

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Ripple Price Technical Analysis (April 15): No Indicators of an Upwards Movement

Ripple Price Technical Analysis (April 15): No Indicators of an Upwards Movement

The virtual coin Ripple (XRP) is currently trading at $0.328605. Looking at the chart below, we can see that the price is moving in a sideways trend after a downfall; this can be used for swing trading. We see the formation of bearish engulfing pattern which is a bearish pattern indicating further downfall. Current resistance is at $0.3228 and support is at $3.222. These levels can be used for swing trading. Dow Theory According to…

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Ripple’s Co-Founder Chris Larsen Donates $25 million in XRP to San Francisco State University

Ripple’s Co-Founder Chris Larsen Donates $25 million in XRP to San Francisco State University

The San Francisco State University was thrown into wild jubilation on Thursday, April 4 when it celebrated the largest gifts it ever received. This was in response to its BOLD Thinking campaign proposed to amass a total of $150 million. The State University, which was founded in 1899, boasts tons of alumni and alumnae who are leaders in their various fields. Therefore, it was a little bit less of a shocker that two alumni decided…

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Crypto Exchange Bithumb Hacked for Third Time in Two Years; Says Assets Are Safe

Crypto Exchange Bithumb Hacked for Third Time in Two Years; Says Assets Are Safe

Hacks and thefts have long been one of the biggest concerns for cryptocurrency investors and stakeholders. Many well-known cryptocurrencies and exchanges have fallen victim to individuals or groups attacking their reserves. The methods of these attacks have been getting more and more sophisticated. Unfortunately, many cryptocurrency companies and exchanges have been failing to stop these attacks. This failure is hurting consumer and investor confidence in the crypto space as a whole. The latest cryptocurrency exchange…

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Weiss Crypto Ratings Report: XRP, EOS and Bitcoin at the Top of the Class

Weiss Crypto Ratings Report: XRP, EOS and Bitcoin at the Top of the Class

While the current bear market seems to drag on forever, the crypto industry has been moving steadily towards wider adoption, transaction volume, network capacity, and security. The Weiss Crypto Ratings report confirms as much and reveals much more regarding the future of cryptocurrencies for the coming year. The report grades the leading cryptocurrencies in two categories: the tech/adoption category and the risk/reward category for investors. Weiss Ratings founder, Martin D. Weiss, said regarding the report:…

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Digitec Galaxus Becomes the First Swiss Online Retailer to Accept Cryptocurrencies

Digitec Galaxus Becomes the First Swiss Online Retailer to Accept Cryptocurrencies

The biggest online retailer in Switzerland, Digitec Galaxus, has recently announced that it will now accept cryptocurrencies as a medium of exchange, according to a press release published on March 19. According to ecommerceDB, an e-commerce data platform, Digitec Galaxus was first launched in 2010, it is the world’s 100th biggest online retailer, and in 2018 had net sales of over $811 million, which seem only to increase this year. Digitec Galaxus, from now on,…

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Ripple Teams Up with Forte to Establish a $100 Million Blockchain Gaming Fund

Ripple Teams Up with Forte to Establish a $100 Million Blockchain Gaming Fund

Forte, widely known for its game-changing innovations, announced a few days ago that the team is working together with Ripple’s Xpring to change the game – literally. Both partners are set to give a total of $100 million to game developers who operate live gaming and are willing to bolster their growth through blockchain. It is no doubt that the game industry has metamorphosed in stages through the years and still has more stages to…

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