Ripple Expands Presence in Europe with Acquisition of Iceland-Based Firm Algrim

Ripple Expands Presence in Europe with Acquisition of Iceland-Based Firm Algrim

The major crypto firm Ripple, the parent of the cryptocurrency Ripple (XRP)trade, is further expanding its services in Europe through an acquisition of the Icelandic crypto trading firm Algrim. Ripple, a pioneer in providing blockchain-based solutions for large-sized enterprises, has been acquiring and investing in blockchain firms through its investment and development arm Xpring. Ripple already has some heavy-weight banking and institutional clients which use Ripple’s blockchain for cross-border transactions that make it the only…

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Ripple Xpring Launches Developer Platform to Bring Money to the Internet

Ripple Xpring Launches Developer Platform to Bring Money to the Internet

New exciting development in the crypto world: the investment and partnership arm of Ripple, Xpring, has created a safe space to trade money faster and better. The platform, simply referred to as ‘Ripple’s Developer Platform,’ is designed to help developers easily create use cases for the cryptocurrency Ripple (XRP)trade – Ripple’s native crypto coin. Ethan Beard, Xpring senior Vice President, explains: “Xpring is designed to remove the pain of integrating money into apps - whether…

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Ripple Senior Executive: Facebook Libra Crypto Project Is a Walled Garden

Ripple Senior Executive: Facebook Libra Crypto Project Is a Walled Garden

In a recent CNBC interview, Ripple’s senior vice president of customer success Marcus Treacher has described Facebook’s Libra crypto project as a “walled garden,” meaning a closed system. He also added that in contrast with Facebook Libra, Ripple (XRP)trade is no walled garden; however, the social media giant’s entry into the crypto world is a really good thing for the domain. The term ‘walled garden’ had been used in past for companies like Apple and…

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UK Police Authorizes Auction of £500,000 Seized Cryptocurrencies

UK Police Authorizes Auction of £500,000 Seized Cryptocurrencies

The world is about to witness another groundbreaking event in the crypto world as the UK police gave the green light to auction about £500,000 (around $620,000) in various cryptocurrencies seized from a criminal. The criminal, identified as Elliott Gunton, was nabbed by the UK police for his involvement in a number of crypto crimes. The 19-year-old confessed to being the mastermind behind a number of felonies involved with cryptocurrency. This includes hacking services and…

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Crypto ATM Chain Coinme Collects $1.5M from Ripple Xpring and Blockchain Finance Fund

Crypto ATM Chain Coinme Collects $1.5M from Ripple Xpring and Blockchain Finance Fund

One of the global leaders in cryptocurrency ATM manufacturer, Coinme, has recently kick-started its new A-1 funding round to accelerate global expansion. The interesting thing is that the company has successfully secured $1.5 million from Ripple’s Xpring and Blockchain Finance Fund. Founded in 2014, Coinme is a leading blockchain financial services provider which aims to make cryptocurrencies prevalent across the globe with crypto ATMs. It became the first state-licensed Bitcoin ATM company in the U.S….

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Banking Giant PNC to Deploy RippleNet for Cross-Border Payments

Banking Giant PNC to Deploy RippleNet for Cross-Border Payments

PNC Treasury Measurement revealed that it was going to employ RippleNet’s blockchain technology for processing its cross-border payments. PNC, one of the leading banks in the U.S., has partnered with the major crypto firm Ripple, which specializes in cross-border payment and operates the Ripple (XRP)trade cryptocurrency, to enable the bank building the capacity for processing global payments. The deployment will assist the bank in reducing fees and waiting times. According to the latest numbers from…

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Prominent Analyst Slams XRP as a ‘Scam Coin’ Following a Lawsuit against Ripple

Prominent Analyst Slams XRP as a ‘Scam Coin’ Following a Lawsuit against Ripple

An old Ripple (XRP)trade controversy has once again emerged from the shadows. The crypto company has been recently accused of selling unregistered securities by one of its investors, Bradley Sostack. And this time, the topic has once again surfaced with a bellicose tweet of cryptocurrency analyst Tone Vays. Vays states in his tweet that “[t]he SEC is bringing Thor’s Hammer… The next #Bitcoin Law Review is gonna be epic… Come at me $XRP Army “of…

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Ripple Price Technical Analysis (August 19): Still Bullish But Hesitant

Ripple Price Technical Analysis (August 19): Still Bullish But Hesitant

Ripple (XRP)trade is currently trading at $0.2840. Recently, the digital coin’s price has broken the resistance of $0.28, turning it into support. The next resistance levl is at $0.2921. The XRP price might start moving between the channels and the above levels can be used for swing trading. Dow Theory According to Dow Theory, the virtual coin is currently appearing in the accumulation phase, which is an area from where the price shoots up, and…

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Monetization Platform Coil Receives 1 Billion XRP Grant from Ripple Xpring

Monetization Platform Coil Receives 1 Billion XRP Grant from Ripple Xpring

Coil, a platform that enables publishers to monetize their content, has recently announced that the company has received a grant of 1 billion Ripple (XRP)trade digital coins from Ripple’s project Xpring. This grant’s initial aim is to increase the use cases of XRP as micropayments on Coil’s platform; in addition, the grant will advance Coil’s monetization platform to create the new standard of Web Monetization. Xpring is an initiative started by Ripple to collaborate with…

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Ripple CEO Brad Garlinghouse Seeks More Deals with Banks and Financial Institutions

Ripple CEO Brad Garlinghouse Seeks More Deals with Banks and Financial Institutions

Brad Garlinghouse, the chief executive officer of Ripple (XRP)trade, showed his admiration of the just-concluded MoneyGram deal while giving us a tip of the iceberg on Ripple’s future plans. Garlinghouse asserted that the MoneyGram deal was one of the biggest – if not the biggest – deal that the prominent crypto firm has made so far. Despite spending a fortune to acquire 10% of the widely celebrated remittance company, he believes he couldn’t have it…

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