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The coin’s value rose from $1.98 to a high of $2.46, amid news that Ripple’s highly-anticipated stablecoin, ... Exchange and partner listings will be live soon,” Garlinghouse posted on X.
The cryptocurrency's token price was up 8% over the previous 24 hours of trading as of 5:30 p.m. ET. Meanwhile, the price of Bitcoin was up 4.5%, and the price of Ethereum was up 6.2%.
Aside from broader market-related tailwinds, there are other token-specific factors driving today's positive price action with XRP. On Saturday, XRP saw its open interest surge to a record high ...
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
As Yale economist Gary Gorton notes, "Ripple and XRPL are not the same entity". [1] Shortly after the XRPL was launched, McCaleb, Britto and Chris Larsen founded the company Open Coin in September 2012 to operate on the ledger. On September 26, 2013, OpenCoin officially changed its name to Ripple Labs, Inc and was at the time headed by Chris ...
The XRP price surge also comes as investors bet on the future of Ripple products. Fox Business reported that the company’s long-awaited stablecoin, RLUSD , is poised for regulatory approval in ...
Cryptocurrencies pulled back after a big run yesterday and as the Federal Reserve sets to conclude its final meeting of the year, likely with a rate cut of 25 basis points. The meme tokens ...
In September 2017, blockchain startup R3 sued Ripple for specific performance of an option agreement in which Ripple agreed to sell up to five billion XRPs (the native cryptocurrency of Ripple protocol) for a price of $.0085. Ripple countersued, claiming that R3 reneged on a number of contractual promises, and was simply acting in a spirit of ...