Western Union, the world leader in money transfers, has entered the cryptocurrency realm. CEO Hikmet Ersek has said that the business is investigating ways to use the Ripple blockchain and its native token, XRP. Western Union’s entrance into blockchain and cryptocurrencies was announced by Ersek in a recent conference call
Ripple (XRP), the world’s fifth-ranked cryptocurrency, has surpassed the leading altcoin as the most popular cryptocurrency in South Korea. According to the report, crypto traders in South Korea chose XRP as their first preference over other cryptocurrencies. On the other hand, Ripple has experienced a surge of around 2% in
The CEO of Ripple, Brad Garlinghouse, has a new lawyer representing him in the XRP litigation, which has been pending in the United States District Court. This action follows a recent application for permission to pursue an interlocutory appeal in the matter filed by the U.S. SEC. In a court
XRP saw some recovery over the weekend after dropping to lows below $0.44 on August 17th. The altcoin closed back in the green on multiple days, prompting analysis firm Santiment to note XRP’s rebound along with other altcoins following last week’s broad crypto sell-off. Santiment suggested the bounce could continue
XRP, the fifth largest cryptocurrency by market capitalization, has surged by over 3.5% in the past 24 hours. This rally comes on the heels of a recent decline that saw XRP’s value plummet to a low of $0.47, marking a new low from its recent stable range of around $0.60.
Ripple is now a member of the cross-border payments interoperability and extension (PIE) task group recently launched by the Bank for International Settlements (BIS). The Bank for International Settlements (BIS) released a report of the May 11 meeting of the PIE task force on August 9. The summary said that
Prominent crypto price-tracking platform CoinGecko unveiled a curated list of 48 tokens on August 8, 2023, and categorized them as the “top alleged SEC securities coins.” Leading tokens such as Binance Coin (BNB), Cardano (ADA), Solana (SOL), and Polygon (MATIC) are among those featured. These cryptocurrencies hold a combined market
Since Ripple’s significant partial victory against the U.S SEC coincided with the exchanges relisting the currency, XRP’s value and adoption have increased. It would seem that the victory against the SEC has had no lasting effect since the prices have lost about 35% of the initial gains they made. According
Ducati, a manufacturer of high-end motorcycles based in Italy, teamed up with XRP Ledger to join the Web3 market. The primary objective is to provide the company’s first digital collectible, a video montage of all the Ducati emblems that have appeared on the tanks of motorcycles made in Borgo Panigale
In research released on July 29 by Ripple, a digital payments network, and the United States Faster Payments Council (FPC), 300 financial experts were polled across 45 nations. These individuals work in fields as diverse as fintech, banking, media, consumer technology, and retail. The analysis estimates that by the year
