Sentences with phrase «by xrp»

The ecosystem is powered by a set of foolproof mathematical algorithms that are obeyed by XRP.

Over 80 % has been gained by XRP and the association has made more poignant partnerships so it is only a matter of time before the cryptocurrency is back over a dollar.

Our ongoing work with BitGo and these new exchanges will allow us to fulfill that commitment and builds on the significant momentum established by XRP's previous listings on Bitstamp and Kraken.

Not exact matches

Since Ripple controls 61 % of the world's supply of XRP coins — 61 billion out of 100 billion in total — the gains placed Larsen's personal position in the cryptocurrency as well as his share of the XRP owned by his company at a dizzying total of $ 59.8 billion.

Even if Ripple quadrupled the amount they invested Wednesday, by Johnson's estimates it would take them 150 years to give away $ 200 million of XRP a year.

And even if Larsen could easily convert the vast majority of his XRP coins into a traditional currency, like U.S. dollars, the influx of so many tokens into the market provoked by such a sell - off would no doubt greatly depress the value.

XRP, a digital offering by Ripple that is used for cross-border payments, is fairly difficult to buy, as it's not offered on most major exchanges.

The adoption by banks of XRP is critical to the growth of Ripple — which has described it as a «strategic weapon «-- and to the value of the currency, which currently has a market cap of about $ 42 billion, and has swung wildly since it shot up to nearly $ 4 in early January (it is now worth around $ 1.07).

The option contract represents nearly 10 % of the approximately 55 billion XRP (out of a total supply of 100 billion) currently controlled by Ripple.

It was a big week for Ripple XRP, as the so - called bankers» token overtook Ethereum to become the world's No. 2 cryptocurrency by market capitalization.

Financial industry sources cited by the Times expressed skepticism that any banks would adopt XRP.

MoneyGram, which was subject to a failed acquisition by Alibaba's Ant Financial unit, said it has agreed to pilot XRP within its payment flows using Ripple's xRapid product.

By using a digital asset like XRP that settles in three seconds or less, they can now move money as quickly as information.»

A chancellor in Delaware has thrown out a case brought by R3 alleging that Ripple breached a contract that would have allowed R3 to purchase 5 billion XRP from Ripple, effectively earning a profit of around $ 1 billion.

We're excited to be working with Ripple, and we're proud to have been selected by them to help exchanges and their users secure XRP.

By working with a greater number of exchanges across different countries to list XRP, we can better serve the growing demand for global payments in both major currency corridors and emerging markets.

Instead, banks and payment providers can use XRP to settle these payments on demand, and in a highly liquid and low volatility state, XRP could lower liquidity costs for banks by approximately 98 percent.

With the XRP market cap hovering around $ 34 billion (not counting the 55 billion XRP reserve maintained by Ripple Labs), the security scrutiny is understandable, especially given the centralization of its issuance and development.

Cryptocurrencies led by real - time gross settlement (RTGS) system Ripple's XRP fell in trading Monday (Jan. 8) as investors bet its stock surge...

The cryptocurrency arena is dominated by the Big Five: Bitcoin (BTC), Ethereum (ETH), PACcoin (PAC), Ripple (XRP), and Bitcoin Cash (BCH).

The Ripple company has pushed back against speculation that XRP could be labeled a security token by federal regulators.

Ripple creatively published a goal to control the jail in May, saying that «By securing the lion's share of our XRP, investors can now mathematically determine the limit supply of XRP that can enter the market.»

The cost spike has witnessed Ripple come to contain the second largest cryptocurrency by sum market capitalization, with XRP apropos the first altcoin to surpass a sum market cap of $ 100 billion USD.

The desktop wallet is the most suitable wallet preferred by the crypto currency users since it gives complete control to the XRP holders over their holdings.

The company, which recently airdropped a massive cache of XRP into US public school coffers is hoping to stimulate interest in the creation of applications that use its currency and blockchain, which has attracted a lot of interest as a back - end technology in the banking industry, but has only been adopted by one other Coin thus far — the somewhat mysterious Allvor.

The company, which controversially retains control of 60 % of the complete circulation of the Ripple (XRP) currency it created — despite stressing its independence — has agreed to sink $ 25m dollars worth of it into start - up investments being made by Blockchain Capital.

20 billion XRP were retained by the creators, who were also the founders of Ripple Labs.

The value of XRP was relatively unaffected by the news, as the broader cryptocurrency market remained under pressure following a regulatory announcement by the South Korean government earlier this week.

While the platform is powered by Ripple's blockchain technology, it does not require the use of XRP tokens.

In the beginning of December 2017, the price of XRP was about $ 0.2 but then it started a triumphal price growth and managed to become the second largest cryptocurrency by market cap, leaving Ethereum behind for more than a week.

Ripple (XRP) has overtaken Ethereum as the largest altcoin by market c...

This isn't 100 % confirmed, however as we noticed throughout the press convention, they declare «only NEM was affected», and that assertion leads me to imagine that XRP tokens had been withdrawn by their rightful house owners as a precautionary measurement.

Look for the XRP / BTC currency pair; they're ranked by 24h volume.

Rising to more than $ 1,000 for the first time ever last week, the cryptocurrency has reclaimed its place as the second - largest blockchain by total value, days after being temporarily surpassed by Ripple's XRP token.

Critically, ILP can allow all assets of value — including cryptocurrencies like XRP, existing currencies like the euro or US dollar, and other securities (stocks, bonds, and commodities)-- to be exchanged by people.

The XRP II, LLC is registered and licensed by the New York State Department of Financial Services to engage in the Virtual Currency Business activity.

This is in stark contrast to Ripple XRP, which is largely controlled by the company that founded it.

Ripple stole the show this week, as the XRP token broke multiple record highs to become the world's second - largest cryptocurrency by market cap.

* XRP II, LLC is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.

XRP services Bank transmissions, not Individual Investors, BUT there is NO safe, Desktop - WALLET that is known to be approved by Ripple, and Trusted.

While Bitcoin, Bitcoin Cash and Litecoin all fell by over 10 %, XRP remained clever and grew by over 7 %.

Ripple is hosting a VIP gathering, dubbed «XRP Community Night,» in NYC on May 15, with a performance by Snoop Dog, the company announced Tuesday, April 24.

Its digital asset XRP has grown to become the fourth biggest cryptocurrency by market capitalisation (after bitcoin, ethereum and bitcoin cash), and banks are now joining in droves to improve their cross-border payment capabilities.

The main advantage by using Bitit is that you can quickly purchase Ripple (XRP) and send them directly to your personal Ripple wallet since Bitit does not hold on to customer's funds - that way you can stay totally free and independent.

With Bitit you can instantly purchase Ripple (XRP) by credit card with USD, EUROS, GBP and more than 14 other fiat currencies!

In his view, this was more the case for XRP, which is largely controlled by the San Francisco - based Ripple company.

You can buy Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) instantly by credit card, cash or wire transfer using USD, EUR, GBP and 14 other local currencies.

These include the top 10 cryptocurrencies by market cap — bitcoin (BTC), Bitcoin Cash (BCH / BCC), Cardano (ADA), Ethereum (ETH), EOS (EOS), IOTA (IOTA), Litecoin (LTC), NEO (NEO), Ripple (XRP) and Stellar Lumens (XLM)-- as well as two top trending coins, Monero (XMR) and Tron (TRX).

The XRP Ledger, the digital asset's underlying distributed ledger technology, is the key reason why XRP steadily led the pack of digital assets by being the fastest, most cost - effective, scalable digital asset for payments, which helps advance its goal — enabling IoV.

XRP is traded heavily in South Korea and dropped by 16 % in a couple of seconds on the website however this was not a true reflection of the market.