Nasdaq adds Brave New Coin’s XRPLX Liquid Index
Nasdaq, the leading benchmark for US technology equity trading and indexing, will add Brave New Coin's XRP Liquid Index to its data suite of indices - the Nasdaq Global Index Data Service.
Coinbase sidesteps own protocols, lists XRP
In a move that has surprised many in the crypto-sphere, Coinbase has finally welcomed Ripple’s XRP in from the cold. So what’s behind the sudden change of heart?
R3, Ripple and the race for SWIFT — who’s winning?
Late in January, enterprise blockchain software company R3 announced a coveted partnership with global financial payments provider SWIFT. Where does this leave Ripple? Have R3 pulled ahead in the enterprise blockchain race?
XRP Price Analysis – Technical indicators are bearish
Technicals on the XRP/USD pair are strongly bearish after a failed bullish reversal attempt throughout November. The Litmus tests for trend reversal include price position relative to both the 200EMA and the Cloud on the daily timeframe.
XRP Price Analysis – Weak but increasing network use
Fundamentals suggest weak but increasing network usage and relatively high average transaction values with nearly zero fees.
Word on the Street: BCH price bump coincides with Bitmain IPO filing
The spread between the price of bitcoin and bitcoin cash closes below historical average over the past few months as Bitmain IPO prospectus is disclosed on Wednesday and bitcoin cross-border payment platform Veem gets investment injection from Goldman Sachs.
Outcast – Why Coinbase and others won’t touch XRP
What could be behind two of the biggest fiat to crypto gateways, Coinbase and Circle, declining to list the world's 2nd biggest crypto?
XRP is not a security, asserts Ripple as it faces third lawsuit
XRP and Ripple diverge as Ripple is sued again regarding allegations of illegal security trading
R3 fights back amid media firestorm
With former employees alleging financial trouble and an ongoing legal clash with crypto heavyweights Ripple, public scrutiny is turning up the heat on blockchain consortium R3
XRP Price Analysis – Attention grabbing headlines continue
Ripple Labs has continued to accrue attention grabbing headlines through substantial charitable acts and continuing discussion regarding the status of XRP as a security. Despite being labeled decentralized by Ripple Labs and most of the Ripple community, the network and token distribution suggest the network remains largely centralized.
XRP Price Analysis – Ripple continues to collect banking partnerships
Ripple (XRP) has recovered 70% since the lows in mid April. The market cap now stands US$81.6 billion, with US$624 million in trading volume over the past 24 hours. In Ripple’s Q1 2018 report, it was revealed that the money service business, XRP II LLC, sold US$16.6 million of XRP to market participants. The company also sold US$151.1 million worth of XRP “programmatically” which represented 0.095% of the US$160.0 billion globally traded in Q1.
Ripple Price Analysis – Continued banking adoption
Ripple (XRP) has continued its negative slide over the past month, having lost 82% of its value since the all-time high set in January. The market cap now stands US$59.25 billion, with US$383 million in trading volume over the past 24 hours.
Ripple Price Analysis – Technicals suggest a continued bull trend
Ripple (XRP) rose to meteoric heights in December 2017, reaching what some are calling ‘Big Mac’ parity, only to pull back over 80% in January. The market cap now stands US$105.6 billion, with US$2.65 billion in trading volume over the last 24 hours.
Ripple Price Analysis – The end of prolonged consolidation
Ripple (XRP) has exploded over the past week, in the setting of a seemingly ever expanding cryptocurrency industry. Having exceeded a US$79 billion market cap, with US$6.44 billion traded over the past 24 hours, XRP has taken the second spot in the BNC market cap table.
Ripple Price Analysis – Trend reversal likely
Ripple (XRP) has broken out of its sideways consolidation, and retraced the entire breakout. The cryptocurrency's market cap now stands at US$25 billion, third overall, largely based on its ~100 billion XRP supply. Unlike most cryptocurrencies XRP does not use a Proof of Work or Proof of Stake consensus algorithm but instead uses consensus. For this reason, there are no available mining or staking statistics, but figures are available for transactions per day, which have declined since the beginning of 2017. Most of these transactions represent the OfferCreate function, or currency exchange.
Counterarguments to Ripples value preposition
As some of you might know, I really like the idea behind the Ripple system. Creating a settlement layer based on trust and IOUs, being able to issue any asset easily, working quite well as a middleware layer, incentivising specialisation, creating a singularity of money, all of that is great. The system is not without its flaws however - centralisation of validators is an issue, and so is the token distribution. While both are interesting topics, with the recent meteoric rise in XRP price, I think it's worth focusing on that part of the discussion.
