XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

Twin letters filed in federal court indicate that Ripple CEO Brad Garlinghouse and co-founder Chris Larsen will seek a dismissal of the Securities and Exchange Commission's ongoing lawsuit. The post Ripple's Garlinghouse, Larsen to file motions to dismiss in SEC lawsuit appeared first on The Block.

Ripple's Garlinghouse, Larsen to file motions to dismiss in SEC lawsuit

Ripple CEO Brad Garlinghouse has provided two key arguments for the SEC to dismiss its complaint against his company.

Ripple CEO Gives Two Reasons to Dismiss SEC Lawsuit

MoneyGram is facing a new lawsuit over its ties to the blockchain tech company Ripple. A newly filed class-action lawsuit claims the money transfer firm misled, lied or hid from investors pertinent information regarding Ripple and the cryptocurrency XRP. The suit comes months after the U.S. Securities and Exchange Commission (SEC) accused Ripple of selling […] The post MoneyGram Facing Class-Action Lawsuit Over Relationship With Ripple and XRP appeared first on The Daily Hodl.

MoneyGram Facing Class-Action Lawsuit Over Relationship With Ripple and XRP

Bitcoin

A popular pseudonymous crypto analyst is warning traders about the short-term prospects of Bitcoin and the rest of the crypto markets. The trader, known in the industry as Credible Crypto, tells his 127,600 Twitter followers that he's expecting Bitcoin (BTC) to resume its corrective phase and drag the entire altcoin market along with it. “A […] The post Top Analyst Predicts Massive XRP Breakout, Warns Major Bitcoin and Crypto Correction Coming First appeared first on The Daily Hodl.

Top Analyst Predicts Massive XRP Breakout, Warns Major Bitcoin and Crypto Correction Coming First

Payments company MoneyGram is facing a class action lawsuit for alleged misrepresentation of its partnership with Ripple Labs.

Moneygram Hit With Class Action Lawsuit Over XRP Partnership

The Founder of Ripple-backed development studio XRPL Labs Wietse Wind is announcing plans to add non-fungible tokens (NFTs) to the XRP Ledger. In a new tweet, Wind calls the attention of XRPL developers to share their ideas on how to bring the increasingly popular unique digital assets to the XRP Ledger. XRP Ledger Standard Proposal. […] The post Ripple-Backed Developer Launches Proposal To Bring Red-Hot NFTs to XRP Ledger appeared first on The Daily Hodl.

Ripple-Backed Developer Launches Proposal To Bring Red-Hot NFTs to XRP Ledger

A veteran trader who has attained legendary status in crypto circles after nailing Bitcoin's collapse in January of 2018 says XRP is poised to wake up from its long bear winter. In a new tweet, Peter Brandt tells his 430,900 followers that Ripple's native asset is forming a large reversal pattern that may ignite XRP's […] The post Top Analyst Predicts XRP Is Ready To Erupt – Here's Why He's Not Buying In appeared first on The Daily Hodl.

Ripple Lawyer Says Crypto Companies Engaged With SEC, Concluded They Could Support XRP

A veteran trader who built a reputation in the crypto space after calling the start of Bitcoin's last bear market is mapping out key price levels for the flagship cryptocurrency. Peter Brandt is unveiling his buy zone for the leading crypto asset to his 428,400 Twitter followers, based on the depth of corrections of the […] The post Analyst Who Accurately Called Bitcoin's Biggest Crash Outlines BTC's Potential Trajectory, Analyzes State of XRP appeared first on The Daily Hodl.

Analyst Who Accurately Called Bitcoin's Biggest Crash Outlines BTC's Potential Trajectory, Analyzes State of XRP

Moneygram has announced that it has suspended using Ripple's platform due to the lawsuit against Ripple Labs and its executives by the U.S. Securities and Exchange Commission (SEC). Last year, the company earned $50.2 million from Ripple for using the platform. Moneygram Stops Using Ripple's Platform Moneygram International announced Monday that it has suspended trading […]

Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency

Payments giant MoneyGram has suspended its use of XRP payments as Ripple deals with an ongoing lawsuit filed by the U.S. Securities and Exchange Commission (SEC). MoneyGram chief executive Alex Holmes announced the move during a new conference call on the company's fourth quarter and full-year 2020 financial results. The SEC filed a lawsuit in […] The post Payments Giant MoneyGram Pausing XRP-Powered Settlements, CEO Comments on Relationship With Ripple appeared first on The Daily Hodl.

Payments Giant MoneyGram Pausing XRP-Powered Settlements, CEO Comments on Relationship With Ripple

Publicly-traded remittance firm MoneyGram announced Monday that it has suspended the use of Ripple's payments solution in light of the distributed ledger company's ongoing legal fight with the SEC. The post MoneyGram says it has ‘suspended' use of Ripple's platform amid SEC lawsuit appeared first on The Block.

MoneyGram says it has ‘suspended' use of Ripple's platform amid SEC lawsuit

MoneyGram will no longer use Ripple's XRP-based liquidity product due to the "uncertainty" surrounding the crypto asset.

MoneyGram Drops Ripple Citing SEC Lawsuit

Ripple, the company that focuses on the XRP token, has registered a new business entity in the state of Wyoming.

Crypto Company Ripple Registers Entity in Wyoming

Ripple's top lawyer is responding to the release of an amended court complaint filed by the U.S. Securities and Exchange Commission (SEC). The SEC, which asserts XRP is a security and alleges Ripple illegally sold the digital asset without proper clearance, filed the amended complaint on Thursday. The document adds more details on the role […] The post Ripple Responds to New Complaint From SEC on Alleged Manipulation of XRP appeared first on The Daily Hodl.

Ripple Responds to New Complaint From SEC on Alleged Manipulation of XRP

As Ripple squares up for battle against the U.S. Securities and Exchange Commission (SEC), former SEC Chair Mary Jo White is coming to Ripple's defense. In an interview with Fortune Magazine, White, who served as the 31st SEC chair from 2013-2017, reveals that she is not convinced that the SEC's lawsuit against Ripple, which accuses […] The post SEC's Case Against Ripple and XRP Is Dead Wrong Legally and Factually, Says Former Chair Mary Jo White appeared first on The Daily Hodl.

SEC's Case Against Ripple and XRP Is Dead Wrong Legally and Factually, Says Former Chair Mary Jo White

A multi million-dollar stash of XRP is on the move. The blockchain tracker Whale Alert has spotted more than 220 million XRP worth about $122 million heading from Coinbase to an unknown wallet. The fee for the huge transfer was just 20 XRP worth about $1.05. The transaction comes nearly a month after trading of the […] The post Whale Abruptly Moves 220,000,000 XRP – Here's Where the Crypto Is Going appeared first on The Daily Hodl.

Whale Abruptly Moves 220,000,000 XRP – Here's Where the Crypto Is Going

The vice president of RippleX James Wallis says Ripple is currently working with central banks on developing digital currencies. In a new interview on the Voice of FinTech podcast, Wallis outlines Ripple's role in the minting of central bank digital currencies (CBDCs), emphasizing that the company is not trying to uproot existing financial structures, but […] The post Ripple Executive Says Company Working With Central Banks To Develop Digital Assets appeared first on The Daily Hodl.

Ripple Executive Says Company Working With Central Banks To Develop Digital Assets

Crypto lawyer Stephen Palley thinks Ripple faces an overarching problem with XRP in terms of its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC alleges Ripple illegally sold XRP as an unregistered security upon its launch and maintains that the digital asset is a security to this day. The SEC also […] The post Top Crypto Lawyer Says There's a Core Problem With XRP As Ripple's Day in Court Approaches appeared first on The Daily Hodl.

Top Crypto Lawyer Says There's a Core Problem With XRP As Ripple's Day in Court Approaches

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have released a status report on the odds they will reach a settlement as a pre-trial conference approaches. In a joint letter, the SEC and Ripple say that they appear unlikely to settle the lawsuit anytime soon. The SEC alleges Ripple sold XRP as an […] The post Ripple and SEC Release Joint Statement on Prospects for Settling XRP Lawsuit appeared first on The Daily Hodl.

Ripple and SEC Release Joint Statement on Prospects for Settling XRP Lawsuit

Ethereum

Whale activity is on the rise as the large crypto entities relocate hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and XRP. In a flurry of tweets, the blockchain monitoring tool known as Whale Alert reports dozens of large BTC, ETH and XRP transactions in the past day. One of the largest […] The post Whales Moving Millions in Bitcoin, Ethereum and XRP As BTC Hovers Below $50,000 appeared first on The Daily Hodl.

Whales Moving Millions in Bitcoin, Ethereum and XRP As BTC Hovers Below $50,000

The SEC's case over allegedly unlawful sales of XRP by Ripple to retail investors is entering the discovery phase.

Ripple, SEC Say Settlement Unlikely Before Trial Over Alleged Securities Fraud

A new job opening at Ripple is highlighting the payments startup's efforts to expand XRP liquidity for institutions across the world's largest continent. In a new job listing, Ripple says it is looking for a manager for institutional markets who will play an instrumental role in the company's efforts to expand its reach in the […] The post Ripple Reveals Push To Expand Institutional XRP Liquidity in Asia, Launches Hiring Spree for RippleX appeared first on The Daily Hodl.

Ripple Reveals Push To Expand Institutional XRP Liquidity in Asia, Launches Hiring Spree for RippleX

During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today. Ripple Cofounder Sells 38 million […]

Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder's Stash Could Run Dry by May

Ripple has patented a network computing system for its XRP-powered cross-border payment product, On-Demand Liquidity (ODL). The United States Patent and Trademark Office (USPTO) officially granted the patent on January 26th, according to documents filed on the USPTO website. Ripple's patent explains that ODL helps banks avoid keeping money tied up in the “correspondent banking” […] The post Ripple Patents XRP-Powered On-Demand Liquidity Network for Cross-Border Transactions appeared first on The Daily Hodl.

News for XRP Crypto (XRP)