Ripple Price Leaps Another 32% as FOMO Sets In

Ripple Price Leaps Another 32% as FOMO Sets In

The ripple price climbed another 32 percent on Thursday as South Korean traders continued to demonstrate insatiable demand for XRP.
South Korea Pushes Ripple Price Up 71%, as Japanese Banks Conduct Payment Trials

South Korea Pushes Ripple Price Up 71%, as Japanese Banks Conduct Payment Trials

The South Korean cryptocurrency market has pushed the Ripple price up 71 percent over the past 24 hours, triggered by the Ripple blockchain-based payment trial conducted by Japanese and South Korean banks.
Ripple Price Leaps 13% After Company Escrows 55 Billion XRP

Ripple Price Leaps 13% After Company Escrows 55 Billion XRP

The ripple price received a 13 percent bump after the fintech startup revealed that it had put its 55 billion XRP tokens into escrow.

Ripple Splash: TechCrunch Founder Launches $100 Million XRP Hedge Fund

TechCrunch founder Michael Arrington has announced the creation of a $100 million hedge fund that will be denominated in XRP, the native token of Ripple. Arrington made the announcement at the Consensus: Invest conference in New York, revealing that the fund will be called Arrington XRP Capital. Significantly, investors will buy shares of the fund and receive distributions in XRP, the native currency of the Ripple Consensus Ledger (RCL) and the fourth largest cryptocurrency by total market cap.

Ripple Adds ‘BitLicense’ Architect Ben Lawsky to Board of Directors

BitLicense architect Ben Lawsky has joined fintech startup Ripple’s Board of Directors. Lawsky, a former federal prosecutor, was a thorn in the side of Wall Street banks during his tenure as the first-ever superintendent of the New York State Department of Financial Services. However, in the cryptocurrency ecosystem, he is best known for the role he played in regulating the nascent bitcoin industry. To that end, he was instrumental in creating New York’s controversial digital currency regulatory framework, more commonly known as the BitLicense.

UAE’s RAK Bank Taps Ripple for Instant Blockchain Payments to India

RAK Bank, a retail and business bank in the UAE has partnered blockchain startup Ripple to power instant cross-border payments to retail customers to India, the world’s largest remittance receiver. The age of blockchain-powered, instant, low-cost bank remittances is slowly taking shape. RAK Bank, also known as the National Bank of Ras Al-Khaimah, an emirate in the UAE, is plugging into Ripple’s global bank-centric blockchain network RippleNet to enable live retail remittance payments to customers in Axis Bank in India.

UAE’s RAK Bank Taps Ripple for Instant Blockchain Payments to India

RAK Bank, a retail and business bank in the UAE has partnered blockchain startup Ripple to power instant cross-border payments to retail customers to India, the world’s largest remittance receiver. The age of blockchain-powered, instant, low-cost bank remittances is slowly taking shape. RAK Bank, also known as the National Bank of Ras Al-Khaimah, an emirate in the UAE, is plugging into Ripple’s global bank-centric blockchain network RippleNet to enable live retail remittance payments to customers in Axis Bank in India.
Ripple Price Swells in Double-Digit Rally After AmEx Announcement

Ripple Price Swells in Double-Digit Rally After AmEx Announcement

The ripple price posted a double-digit advance on Thursday following the announcement of a major partnership with credit card giant American Express to process international payments. Ripple Price Surges on AmEx Partnership As CCN reported, American Express has partnered with Ripple, as well as British banking firm Santander UK, to create a blockchain payments channel between the U.

American Express Opens Ripple-Based International Blockchain Payments Channel

American Express has announced the creation of a blockchain-based business-to-business payments channel that will enable businesses to settle payments between the U.S. and the U.K. almost instantaneously. Developed through a partnership between the American Express International Payments (FXIP) business, enterprise blockchain startup Ripple, and banking firm Santander UK, the blockchain-based payment channel will reduce the time it takes to settle international payments from days to seconds.
No Swell: Ripple Price Sinks as Conference Passes Without Bullish News for XRP

No Swell: Ripple Price Sinks as Conference Passes Without Bullish News for XRP

The ripple price plunged as Ripple’s much-anticipated fintech conference came and went without the major announcement that XRP investors were hoping for. Two months ago, the ripple price spiked after Ripple previewed a major announcement. It quickly became clear that the announcement was conference-related, but investors let their imaginations run wild as the firm slowly revealed details over the ensuing days, and speculators began driving up demand for XRP — the native currency of the Ripple Consensus Ledger (RCL).
Japanese Police Arrest Ripple Exchange Operator for Fraud

Japanese Police Arrest Ripple Exchange Operator for Fraud

Tokyo police have arrested the head of a Ripple exchange and trading platform for allegedly swindling an investor amid a wider investigation of a sweeping fraud. According to multiple regional reports, Tokyo police are holding 31-year-old Yuki Takenaka, the operator and manager of Ripple Trade Japan – an exchange enabling trading of Ripple’s virtual currency XRP.

Gates Foundation Taps Ripple to Develop Mobile Payments Services

The Bill & Melinda Gates Foundation has tapped Ripple’s Interledger Protocol (ILP) to help level the economic playing field for the 2 billion people who are trapped in poverty, many of whom solely because they do not have access to a bank account or other basic financial services. Gates Foundation Calls on Ripple On Monday, the Gates Foundation released Mojaloop, software intended to provide the world’s unbanked population with access to digital financial services.
Ripple CEO Garlinghouse: Governments’ ICO Regulation is Good

Ripple CEO Garlinghouse: Governments’ ICO Regulation is Good

Several regulators around the world have issued guidelines focusing on ICOs with some prohibiting their operations; however, Ripple’s CEO believes governments are right to regulate them. Speaking to CNBC, Brad Garlinghouse, CEO of blockchain firm Ripple and the XRP token, said that while there are plenty of ICOs, he doesn’t believe that new digital currencies are ‘solving real problems.
October Surprise: Ripple Price Surges 30% as RippleNet Adds 100th Member

October Surprise: Ripple Price Surges 30% as RippleNet Adds 100th Member

The ripple price has risen by 30% since the beginning of October, bolstered by the growth of RippleNet — the startup’s enterprise network — as well as anticipation for the company’s upcoming “Swell” conference next week. The price of XRP — the native currency of the Ripple Consensus Ledger (RCL) — has climbed significantly since the beginning of October. The ripple price entered the month at $0.198 and held there until October 4, when Korean traders initiated a rally. By October 8, the ripple price had climbed more than 20%, and it spiked as high as $0.
Ripple Price Surges as Bitcoin, Ethereum, Bide their Time

Ripple Price Surges as Bitcoin, Ethereum, Bide their Time

Neither the ethereum nor the bitcoin price managed to make progress on Thursday, but both cryptocurrencies successfully overcame temporary dips to hold at their previous-day levels. Meanwhile, the bitcoin cash price and Ripple price have been making significant movements–in opposite directions. Chart from CoinMarketCap Yesterday, the combined value of all cryptocurrencies was $144.
Newsflash: Ripple Price Swims Upstream, Gains 10%

Newsflash: Ripple Price Swims Upstream, Gains 10%

Ripple price makes significant gains on Thursday to fight the downward momentum of the wider cryptocurrency market amid marked trading activity in Korea. The price of XRP, the cryptocurrency powering Ripple’s Consensus Ledger (RCL), surged 10% during trading on Thursday as the world’s third-largest cryptocurrency decidedly swam against the tide of the wider market downturn over a 24-hour period. A bulk of the trading activity, according to data from CoinMarketCap, was centered in Korean markets.
Ripple Price Soars amid Asian Expansion

Ripple Price Soars amid Asian Expansion

The Ripple price soared on Wednesday following the FinTech startup’s announcement that it had opened an office in Singapore as part of its continuing plan to penetrate the Asian markets. Ripple Expands Asian Footprint As CCN has reported, blockchain payments firm Ripple has been making a concerted effort to establish a significant footprint in the Asian banking sector. Several weeks ago, Ripple opened an office in India–the world’s largest receiver of remittances. This week, the company upped the ante by establishing a base in Singapore, a country which handles more than $550 billion in trading volume annually.

Ripple Expands Asian Presence with New Office in Singapore

In continuing its foray into Asia, blockchain payments fintech Ripple has announced the launch of a new office in Singapore. San Francisco-based blockchain startup Ripple has opened shop in Singapore, one of the world’s leading trade and financial hubs. Ripple’s latest footprint in Asia comes within weeks after the launch of its office in India, the world’s largest remittance receiver. As a venture-backed FinTech startup, Ripple has long stuck to its goal of connecting global banks on a blockchain to enable near-instant and inexpensive remittance.