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Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion. Despite this move, critics worry whether Ripple and its XRP digital currency have a future in the space when up against CBDCs, stable coins, and XRP’s biggest competitor, Bitcoin. Ripple
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With the wallet, which is currently available on XRP Testnet, developers can generate and manage account credentials, view balances, send and receive cryptocurrency and monitor transaction history. Developers can also expect to see future new Xpring platform functions launched on the wallet in the future, Beard said. Source
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Ripple co-founder Chris Larsen said he thought digital assets such as XRP would play a major role in the movement of money around the world. Recently, Larsen discussed the role of digital assets in the economy and the regulatory environment that must exist to advance blockchain and crypto.Ripple is the
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A video has surfaced on Twitter showing Ripple’s Managing Director Navin Gupta saying ‘it’s do or die’ for the $155 trillion global payments problem they are targetting. There are a lot of big numbers mentioned recently, they are not hype, nor are they outlandish or untrue they represent a real-world problem
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Ripple’s annual Swell conference has failed to induce positive price action for associated token XRP, data following the event shows. Price data from Coin360 covering XRP/USD showed selling pressure take over on Nov. 7, as the two-day conference continues. Swell has no impact on XRPHaving reached local highs above $0.30
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Xpring, Ripple’s investment arm and tech incubator has completed a strategic investment into smart contract platform Flare Networks.Joining the XRP ecosystemOn Nov. 5, Flare Networks reported that it secured a partnership and investment with Xpring that will enable the company to bring a “wealth of resources and partners to
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We can barely catch a breath with positive Ripple and XRP news breaking daily, yet the price remains the same, we’ll cover that a little below. Yesterday Ripple announced new offices in Washington DC, the political and regulatory hub of the U.S., they also hired four former financial regulators. Every federal regulator
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Massive thanks to @saketova_JPN for creating this incredible RippleNet map showing Ripple adoption all over the world. AND @thebearablebull for showing us! We have been banging on about Ripples global takeover, well it feels a little more real on Google maps that’s all we can say… Check it out BELOW Related Source
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American multinational investment bank and financial services company, Bank of America, has silently tested Ripple’s blockchain to incorporate distributed ledger technology (DLT) in its banking and other financial services.This might be the boldest step towards blockchain adoption as Bank of America is one of the largest and most distinguished banks
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Blockchain payments network Ripple has announced that it sold $66.24 million worth of XRP in Q3 2019 — down a staggering 73.66% compared to the record sale worth of $251.51 million in the previous quarter.According to the third quarterly report released on Oct. 18, Ripple had previously announced the
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