RIPPLE NEWS, ANALYSIS AND FORECAST


Latest Ripple News


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THEMES AFFECTING Cryptocurrencies

SPECIAL YEARLY FORECAST

Interested in yearly XRP/USD forecast? Our experts make yearly updates forecasting the next possible moves of the ripple-dollar pair. Here you can find the most recent forecast by our market experts:

XRP to see double-digit price and reduced regulatory uncertainty

XRP to see double-digit price and reduced regulatory uncertainty

Ripple ends 2021 on a strong note by establishing itself in the East despite the ongoing lawsuit in the US against the SEC. XRP price burned brightly in the first half of 2021 but its momentum appears to have vanished in the second half. Regardless of the lackluster performance, Ripple and its native token XRP have a bright future ahead of them in 2022.

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Latest Ripple Analysis


Latest Ripple Analysis

Editors' picks

Bitcoin to extend its consolidation between the $75,000 to $88,000 range

Bitcoin to extend its consolidation between the $75,000 to $88,000 range

Bitcoin price faces a slight rejection around the $85,000 resistance level on Wednesday after recovering 3.16% the previous day. A K33 report highlights that Cryptocurrencies and Equities have largely de-risked going into Donald Trump’s “Liberation Day” on Wednesday. 

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Maker, Gala and Polygon lead $100k whale transactions, can altcoins defy looming macro uncertainty?

Maker, Gala and Polygon lead $100k whale transactions, can altcoins defy looming macro uncertainty?

Maker (MKR), GALA, and Polygon (POL) are among the crypto projects that have seen a spike in whale transactions of at least $100,000 in the past week, as revealed by Santiment on-chain data. 

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Cardano and Binance Coin Price Forecast: Altcoins ADA and BNB show weakness in momentum indicators

Cardano and Binance Coin Price Forecast: Altcoins ADA and BNB show weakness in momentum indicators

Cardano (ADA) and Binance Coin (BNB) prices edge slightly down, trading around $0.66 and $598, respectively, at the time of writing on Wednesday after a mild recovery so far this week.

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Public firms turn balance sheets into Bitcoin vaults: Gamestop raises $1.5 billion; Metaplanet adds 160 BTC

Public firms turn balance sheets into Bitcoin vaults: Gamestop raises $1.5 billion; Metaplanet adds 160 BTC

Public companies are increasingly converting their balance sheets into Bitcoin reserves. Gamestop (GME) has raised $1.5 billion in capital, with potential plans to allocate part of the funds toward expanding its Bitcoin treasury.

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Bitcoin: BTC remains calm before a storm

Bitcoin: BTC remains calm before a storm

Bitcoin's price has been consolidating between $85,000 and $88,000 this week. A K33 report explains how the markets are relatively calm and shaping up for volatility as traders absorb the tariff announcements. PlanB’s S2F model shows that Bitcoin looks extremely undervalued compared to Gold and the housing market.

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What is Ripple?

Ripple is the third largest market capitalization strength in terms of cryptocurrencies. It was launched in 2012 as a decentralized free software payment system and under this name we find both the financial protocol for transfers and the cryptocurrency better known as XRP.

However, until 2016 Ripple did not obtain the necessary accreditation to operate as a cryptocurrency, ending up being fined the previous year with a sum of 700,000 dollars. Just one year after obtaining its license, its capital had amounted to 55 million dollars in part due to its acceptance and subsequent collaboration with banks such as Santander, Siam Commercial Bank, Royal Bank of Canada or UniCredit, among others.

Differences between Ripple, Bitcoin and Ethereum

Among the most outstanding features, the speed of transfer stands out because for every second a total of 1,500 transactions can be carried out while other cryptocurrencies such as Bitcoin and Ethereum only allow 6 and 15 respectively. Likewise, completing a transaction takes around 4 - 5 seconds while with Ethereum it takes 2 minutes and with Bitcoin, it goes up to almost an hour.

Due to the importance of Bitcoin today, Ripple has a payment gateway that facilitates payment between its users with these two cryptocurrencies without the need to have their own wallet with that currency. Despite using a similar operation that allows the connection with other cryptocurrencies, it does not work under the blockchain technology.

Another main difference with respect to other cryptocurrencies is the absence of mining. It’s not possible to generate new Ripple units this way. Right from its launch, it was agreed that the maximum number of Ripple would be at 100 billion units, although not all of them are in circulation at this time. Ripple units are being released by their creators periodically. In addition, it’s worth underlining that nearly 20% of the market cap is owned by its creators.