Ripple Price Sees Bullish Movement after Judge Denies Lawsuit – Connected?

ripple price sees bullish movement after judge denies lawsuit connected

Yesterday, Ripple Labs scored a small victory, winning one of its many ongoing legal suits. Fast forward twenty-four hours, and the Ripple price has corrected. But why? Is XRP’s activity Wednesday linked to the Ripple lawsuit? Or is there another catalyst that’s helping the price? Suit Denied, Ripple Price Correcting: August 15, 2018 Ripple Labs has been slapped over and over again with lawsuits this year. In fact, the last one came on August 9. For these reasons, the Tuesday win is likely a breath of fresh air for Ripple Labs and…

Read More

Ripple Exec Says Company is Targeting the Large Financial Market in China

ripple exec says company is targeting the large financial market in china

Ripple, the third largest cryptocurrency project by its total market cap, confirmed that it is targeting the large Chinese market with its cross-border blockchain payment technology, CNBC reported this morning. Ripple targets China despite China’s anti-cryptocurrency reputation? Here’s why. Ripple Targets China Jeremy Light, VP of European Union Strategic accounts at Ripple, had a phone interview with CNBC and said, “China is definitely of interest, it is definitely a target.“ Earlier this year, Ripple signed a deal with the Hangzhou-based financial institution LianLian International. This partnership is aimed at improving the cross-border…

Read More

Ripple Labs Slapped With Yet Another XRP Lawsuit: Round 4

ripple labs slapped with yet another xrp lawsuit round 4

Ripple is no stranger to being slapped with lawsuits. Based on yesterday’s announcement, it appears a fourth Ripple lawsuit is underway as well. Why? And is the coin suffering on the market because of it? Ripple Lawsuit #4 On Wednesday, Rosen Law Firm announced that it is investigating Ripple Labs. Similar to the other lawsuits, the New York-based firm announced that it is looking into whether Ripple violated federal securities laws, specifically in connection with its sale of XRP coins. Moreover, Rosen Law Firm disclosed that it is preparing a…

Read More

Ripple (XRP) Tech Being Used for New Decentralized Crypto Exchange

ripple xrp tech being used for new decentralized crypto exchange

DCEX uses Ripple tech, entering the crypto market as a brand new decentralized cryptocurrency marketplace with Ripple (XRP) at its core. According to a press release published yesterday, the San Francisco-based platform just opened registration for institutional and retail investors. DCEX Uses Ripple Tech The new platform was developed by the blockchain firm AlphaPoint and in its beginning stages will offer only 15 different cryptocurrency to cryptocurrency trading pairs, all against XRP—the base trading crypto on DCEX. The 15 cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), EOS,…

Read More

Kotak Mahindra Joins RippleNet: Another Bank Using xCurrent

kotak mahindra joins ripplenet another bank using xcurrent

Kotak Mahindra joins RippleNet: Yes, it’s true: another financial institution has joined the RippleNet. This is yet another example of how Ripple is working towards solving real-world problems. On Wednesday, Kotak Mahindra, an Indian bank, posted a press release, in which it stated that it has entered into a collaboration with Ripple. Specifically, Kotak Mahindra will both be joining RippleNet and using xCurrent for issues associated with cross-border remittances. Kotak Mahindra Joins RippleNet: What We Know In the press release, Kotak Mahindra disclosed that it will be using Ripple’s xCurrent in order…

Read More

Crypto World Cup Day 12: Brad Garlinghouse vs. CryptoYoda

crypto world cup day 12 brad garlinghouse vs cryptoyoda

Well, that’s it, folks! Day 12 of the Crypto World Cup has concluded, and the competition is heating up.  Monday’s matches saw Brad Garlinghouse shut out CryptoYoda, putting the Ripple CEO at 9 points. We also saw David Sønstebø defeat Erik Voorhees in injury time, a cruel end to a game that favored Voorhees. Next, Tim Draper and John McAfee faced off in a mediocre game. The day ended with Tyler Winklevoss playing Zhao Changpeng. The game ended in a tie.  If you’re behind in our Crypto World Cup, you can meet all…

Read More