Liquidated Traders are Furious as XRP Crashes 56% on Bitmex
Entire accounts were wiped out as XRP/USD on Bitmex tanked. Bitmex is not compensating traders whose stops were not executed.
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Ripple News
Blockchain Friendly Payments Play Leads Stock Market Recovery
Stock prices were whipsawed in today’s session before ultimately managing to finish relatively flat. Leave it to a payments company to lead the broader stock market higher. FleetCor Technologies, which is a Georgia-based payments company, was the single best performer in the S&P 500 index, gaining 8 percent on a day that was making investors … Read more
Ripple Alum to Spearhead Binance US Crypto Exchange
After two years as head of XRP institutional liquidity at Ripple, Catherine Coley is moving to greener pastures. Coley was named CEO at BAM Trading Service at Binance U.S., according to her LinkedIn profile. Her experience with both one of the largest cryptocurrencies, XRP, and institutional investors should serve her well in this high-profile role in … Read more
5th-Largest Japanese Bank Abruptly Ditches Ripple Trial
Ripple, the blockchain-based payment network, suffered a setback after Japan’s Resona Bank said it would no longer use MoneyTap, a consumer-centric retail payments app that uses Ripple’s enterprise blockchain technology. Resona – Japan’s fifth-largest financial institution – did not provide a reason for the abrupt cancellation, which makes it the first Japanese bank to quit … Read more
‘I Don’t Understand!’: Watch Ripple’s CEO Rant Against JPMorgan’s Cryptocurrency
In a Brad Garlinghouse vs. Jamie Dimon crypto showdown, the Ripple chief is not the least bit intimidated by his Wall Street rival. Ripple CEO Unloads on JPMorgan Cryptocurrency at DC Blockchain Summit Garlinghouse was featured as the keynote speaker at DC Blockchain Summit 2019, where he gave a fireside chat with Nasdaq’s Jill Malandrino. … Read more
Ripple (XRP) in Pump-and-Dump Scenario, Sinks 12% from Weekly High
A substantial Ripple rally fizzled as the asset’s value fell as much as 12% from its weekly high. The XRP-to-USD exchange rate (XRP/USD) dropped to an intraday low at 0.3003 this Friday. Earlier yesterday, the pair had established a new weekly high at 0.3429 owing to global banking giant Swift’s announcement of integrating R3 Corda, … Read more
Why the R3-SWIFT Partnership is Cranking the Gears of the Ripple (XRP) Rumor Mill
SWIFT, the 11,000-member global payments network, has announced a partnership with enterprise blockchain consortium R3, and the news is already being felt in the cryptocurrency market where the rusty gears of the ripple (XRP) rumor mill have begun to turn at a rapid pace. SWIFT Goes Blockchain with R3 Trial According to the announcement, SWIFT … Read more
Ripple CEO to Critics After Obtaining 200 Clients: Banks Will Use XRP
On January 9, CCN.com reported that 13 financial institutions have started to utilize the Ripple blockchain through RippleNet, bringing the total number of banks in the Ripple ecosystem to 200. Fintech applications and banks in the likes of Euro Exim Bank, SendFriend, and JNFX have integrated RippleNet for liquidity and instant settlement of payments that … Read more
Ripple: 5 More Banks & Fintechs Will Use XRP Cryptocurrency
Ripple announced today that a total of 13 more financial institutions had joined RippleNet, putting the total at over 200. Of these, five of them will use the ripple (XRP) cryptocurrency for liquidity. Institutions named in the press release are: JNFX, SendFriend, Transpaygo, FTCS, and Euro Exim Bank. While they will use XRP to access … Read more
TransferWise: We Won’t Use Blockchain until More Banks Use Ripple
Major money transfer service TransferWise has indicated that in spite of excitement over the growth of Ripple’s global payment solution, it has not seen a compelling case for using blockchain technology to carry out its business — yet. Speaking to Fortune recently, TransferWise chairman and co-founder Taavet Hinrikus stated that while there exists a lot of excitement over … Read more