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Ripple News Today – The CEO of Ripple, Brad Garlinghouse, has always been bearish on Bitcoin. On more than one occasion, he has said that Bitcoin doesn’t live up to its name as seen in our previous Ripple news. His negative stance on Bitcoin has fueled the hatred between the Bitcoin community and the XRP army. While Bitcoin supporters claim that XRP is centralized and should not be regarded as a digital currency, Ripple supporters claim that Bitcoin’s technology is outdated and should be replaced by something new, XRP. With the price of Bitcoin up by more than 200% within the year, how does Garlinghouse feel about the future of the flagship cryptocurrency? Ripple News Today – XRP News Today – Brad Garlinghouse Says Bitcoin Isn’t Going Continue To Outshine The Cryptocurrency Market While Garlinghouse is bullish on Bitcoin, he noted that he doesn’t believe that one cryptocurrency will continue to rule them all. This was during the Brainstorm conference that was hosted by Fortune. In his..
Ripple News Today – The entire XRP army and Ripple community has been talking about Facebook’s Libra and what it means for xRapid and XRP. When the CEO of Ripple, Brad Garlinghouse said that the launch of Libra was going to be a blessing to the entire cryptocurrency community, many people didn’t believe it. However, it can’t be a coincidence that Bitcoin started a parabolic bull run right after Facebook released the white paper for Libra. Also, Ripple is signing up new clients at a record pace. In our XRP news yesterday, we noted that Libra is going to be a wakeup call for banks. How deep does Libra’s influence go? Ripple News Today – XRP News Today – XRP Latest Update – Ripple Signs In New Clients During Brainstorm Finance hosted by Fortune, Garlinghouse expressed his excitement about the release of the Facebook cryptocurrency. In his words; “I’m going to send a case of champagne to David Marcus, the guy who runs Libra. The reason is, this week will probably be the best week of sign..
Ripple CEO argues that there will not be one single crypto “rule them all,” stating that each one should prove its own use case. Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20. In the interview, Garlinghouse outlined the key difference of two major cryptocurrencies, arguing that bitcoin is a store of value or “digital gold,” while XRP is a “bridge currency” that enables an efficient solution for fiat-to-fiat transfers. As such, Garlinghouse cited the difference between bitcoin and XRP in terms of transactions costs, claiming that Ripple can do a transaction for a tiny fraction of a cent while a bitcoin transactions costs roughly $2.30 on average. However, such a difference “does not mean that bitcoin is gonna fail or something,” Ripple CEO noted, stating that he “[does] not view them as competitive. Garlinghouse expressed confidence that there will not be one single cryptocurrenc..
Ripple News Today – The entire cryptocurrency community has been talking about the Facebook cryptocurrency, Libra for days now per our previous Ripple news. Some headlines are about what this new competition means for Ripple while others are about the authenticity of Libra. Well, one thing that almost everyone agrees on is that this cryptocurrency is going to pose a threat to payment settlement coins, the chief of which is XRP. Now, the CEO of Ripple, Brad Garlinghouse, has broken the silence and made a comment about what this Facebook cryptocurrency means for Ripple, XRP, xRapid and the entire cryptocurrency market. In our Ripple news and XRP news today, we are going to analyze Garlinghouse’s comments. Ripple News Today – XRP News Today – Brad Garlinghouse Breaks The Silence On Facebook’s Libra Contrary to popular opinion, Garlinghouse believes that Libra is going to lead to a boost in adoption for xCurrent and XRP. During the Brainstorm Finance conference which was hosted by Fortune..
Rpple News Today – For the past few days, the entire cryptocurrency space has been talking about the Ripple – MoneyGram deal and what it means for Ripple, XRP and MoneyGram. Just after Ripple sealed the deal to pay for a 10% stake in MoneyGram, the price of the XRP token surged along with the MoneyGram stock. While XRP only recorded minimal gains, the MoneyGram stock increased significantly for good reason. Per our previous XRP news and Ripple news, the MoneyGram stock closed at $1.45 on Monday but Ripple paid $4.10 per share on Tuesday. So, it wasn’t a surprise that the price surged. Now the tables have turned and the MoneyGram’s global stock is plummeting. What does this say about Ripple? Ripple News Today – XRP News Today -MoneyGram Stock Rises And Falls While the MoneyGram shares surged globally after the Ripple news about an acquisition, the price started to fall on Wednesday. Per our previous Ripple news the deal is going to allow MoneyGram to use Ripple’s xRapid protocol. The x..
Ripple News Today – A few days ago, XRP enjoyed a bullish run shortly after the news broke that Ripple, the company behind XRP, bought a 10% stake in MoneyGram, one of the leading global remittance firms in the world. While the deal, worth $50 billion, was meant to push the integration of XRP into MoneyGram’s system, the bull run was only brief. Some members of the XRP army were worried that such a deal didn’t lead to a more significant and sustainable bull run per our previous XRP news. Also, the details of the deal were not clear. Now, the CEO of Ripple, Brad Garlinghouse, has spoken up about the deal with MoneyGram and what it means for Ripple. Ripple News Today – XRP News Today – Brad Garlinghouse Clarifies MoneyGram Ripple Deal According to Brad Garlinghouse, the MoneyGram – Ripple deal isn’t just beneficial to XRP but to the entire cryptocurrency space. This is because MoneyGram controls more than 5% of the global remittance market. During an interview with Bloomberg TV, Garling..
Ripple News Today – A while ago, the price of XRP enjoyed bullish trading shortly after rumors started circulating that Ripple was making plans to acquire MoneyGram. This news didn’t come as a surprise as MoneyGram had initially held a proof-of-concept with Ripple in 2018. Now, Ripple has given details about its interest in MoneyGram stating that it has poured $50 million in investment into the global remittance company. In return, MoneyGram may be propelled to use the XRP token for its international transfers. How will this move affect the price of XRP? Is MoneyGram the vehicle that will drive XRP to mass adoption? Ripple News Today – XRP News Today – MoneyGram Is The Key To Ripple’s Global Adoption According to the Ripple news, Ripple will initially pay $30 million for a 10% stake of MoneyGram. In the next two years, MoneyGram can decide to get another $20 million from Ripple. In 2017, Ant Financial, a China-based financial services firm, wanted to acquire MoneyGram. After the acqui..
Ripple will provide up to $50 million to MoneyGram has part of a new two-year partnership. Major money transmission network MoneyGram has entered into a strategic partnership with blockchain-based payments firm Ripple, according to a press release on June 17. As part of the two-year agreement, the two firms will become partners in cross-border payments and foreign exchange settlements with digital assets. As part of the agreement, MoneyGram will be able to draw up to $50 million dollars from Ripple in exchange for equity. MoneyGram will purportedly use Ripple’s xRapid liquidity product, which allows money to be sent in one currency and instantly settled in the destination currency. In using Ripple’s XRP token for such transfers, xRapid can purportedly settle such transactions faster than with fiat currencies or other major digital assets. MoneyGram Chairman and CEO Alex Holmes said: “Through Ripple’s xRapid product, we will have the ability to instantly settle funds from U.S. dollars ..
Ripple wallet provider GateHub has announced that a phishing scam has been targeting its wallet users and has published a timeline of the campaign so far. Ripple (XRP) wallet and gateway-as-a-service provider GateHub has warned that there is a phishing scam campaign targeting its cryptocurrency wallet users, as per an announcement on June 13. According to the announcement, GateHub’s wallet users are being sent malicious emails from addresses that look like they are from GateHub: “@gatehub.com” and “@gatehub.net.” The emails instruct the users to transfer their funds to a “secure” wallet, which is owned by the attacker, because their private keys are allegedly compromised due to insufficient security precautions. GateHub notes that, in addition to the attack being an unaffiliated phishing attempt, the service provider never issues private keys via email. GateHub also published a timeline of its correspondences to customers, so that they can verify whether emails received from GateHub a..
Ripple XRP has earned a lot of attention from global financial institutions in its pursuit to become the future settlement layer cross-border transactions with its cryptocurrency products. Its dominance is no being threatened by the rumored entry of social media giants Facebook into the cryptocurrency space. However, as this happens, XRP is receiving much-needed support from seniors in financial institutions much to the liking of the Ripple team and digital asset investors in favor of XRP. XRP news today looks at the real threat of Facebook’s GlobalCoin to XRP price prediction 2019 and what notable financial experts say in favor of XRP. President of SBI Holdings Affirm Support for Ripple XRP Yoshitaka Kitao, the president and CEO of Japanese banking group SBI Holdings, has reportedly thrown his weight behind Ripple and the XRP cryptocurrency. The Asian financial leader claims that Ripple through its products and the XRP token will boost international payments, improve their speed and ..