Ripple (XRPUSD)

[weedtrader420]

XRP is the best coin, blows Bitcoin away. XRP is Rudolph the red nose reindeer it was left out of all the reindeer games.🔴🦌 $100 TARGET

[trunkmonk]

BTC still influences them all. Even XRP, the real key to disconnect is SEC, central banks, and the signs will be when it cycles with BTC but in an up trend.

[weedtrader420]

Ripple coin, CEO just on CNBC

[weedtrader420]

Mega is front running XRP

[europa7]

XRP’s Roadmap To Success: Analyst Forecast A Strong Bullish Turn In 2024
https://www.mitrade.com/insights/crypto-analysis/xrp/newsbtc-XRPUSDUSDOLLARF-202406200905

XRP in the Spotlight
https://cryptoquant.com/insights/quicktake/667140b593c30073780d6722-XRP-in-the-Spotlight?utm_source=twitter&utm_medium=sns&utm_campaign=quicktake&utm_content=woominkyu

[weedtrader420]

Pretty soon, everyone will be posting on this board🤣😂🤣😂 $10 TARGET

[weedtrader420]

Imagine buying BITCOIN When it was $0.50 XRP $0.50🤑woohooooooooooooooooo

[weedtrader420]

WOW! XRP 🤑🫱 I keep buying dips 😜💰💰💰💰💰💰💰🚀🚀🚀🚀🚀🚀🚀woohooooooooooooooooooooo

[europa7]

A study on Non-Performing Assets Cases and Cryptocurrency in Japan
https://drive.google.com/file/d/1zfyv-WeWKYu6GBgxZaZf14J1urcPBFAj/view

interesting perspective on XRP in Japan...imo...fwiw...looking forward to the World Expo in Osaka next year...cheers...

XRP is More Popular in Japan Than the U.s.
"...With nearly 1.36 billion units traded in February 2022, XRP was the cryptocurrency with the highest spot trading volume in Japan. In the same month, Bitcoin, which had the highest trading value, had a trading volume of about 180 thousand units as shown in Figure 2..."

Figure 2 Leading cryptocurrencies in Japan in February 2022, by spot trading volume (in million units).

"...With a lawsuit from the Securities and Exchange Commission, Ripple has had a turbulent year in the US over the past year. However, Japan is where Ripple is most well-known. In actuality, a significant portion of XRP’s price movement has been caused by Japanese investors buying the cryptocurrency and driving the price up..."

Why Japanese like XRP
"...Many Westerners don’t understand why Ripple has become so popular in Japan. Once one is familiar with Japanese customs and the confidence that Japan’s largest venture capital fund has in Ripple, the whole thing becomes clear.

The partnership between the most reputable venture capital firm in Japan, SBI Holdings, and Ripple has been the primary driver of Ripple’s success in Japan. In 2017, SBI Holdings invested close to 300 million in Ripple. In the SEC lawsuit, this investment was cited as an improper sale of a security to SBI Holdings. Even the founder of SBI Holdings and a board member of Ripple tweeted about the new all-time high of XRP, which was also referenced in the lawsuit.

Despite Ether’s position as the second largest cryptocurrency by market cap, some Japanese crypto investors may find XRP to be a more appealing investment.

According to the results of a survey published on Twitter by Japanese cryptocurrency exchange BITMAX on June 12, Bitcoin’s popularity among Japanese traders is comparable to that of the XRP token’s. 25% of the 1,498 respondents said XRP was their favourite cryptocurrency, compared to 26% who said BTC was their favourite. And 9%, Ethereum ETH ranked third..."

The Great Exodus: Why Are Japanese Investors Choosing XRP Over Bitcoin?
https://www.newsbtc.com/news/ripple/xrp-over-bitcoin/

[trunkmonk]

Great News, thanks.

[Alpha611]

Good chance you may be right. But the (clown)I mean message after yours does not help.Still!
Do not see much happening for another 5 months. Nothing put press.

[Alpha611]

Not only are you getting very annoying. But your answer is NO! lol
Find a new board.

[ap17]

Something tells me a certain pres. campaign is now putting the screws to the SEC after seeing the votes that will be lost due to hammering crypto. Just a gut feeling.

[europa7]

SEC Permanently Suspends Ethereum Investigation; Will Ripple be Next?
https://thecryptobasic.com/2024/06/19/sec-permanently-suspends-ethereum-investigation-will-ripple-be-next/

interesting...the plot thickens...

[Alpha611]

And the beat goes on.

[Vulcanized Crawler]

jolly good

[europa7]

interesting comment Alpha611...thanks for the encouragement...good luck to you...

"...The human life is too short. Reason why everything is moving so fast.
The world needs things to slow down to enjoy what's left of it. But that can't or won't happen.
So best option for doing so or getting some of it back is to have patience. For me it always pays in the end.
Be happy! Time heals all..."

[europa7]

Ex Federal Reserve Discusses Ripple and XRP Role in US Public Policy
https://thecryptobasic.com/2024/05/17/ex-federal-reserve-discusses-ripple-and-xrp-role-in-us-public-policy/

some interesting points of nexus out there...?

Is Ripple the Hidden Link to IMF’s Global CBDC Platform?
"...IMF reveals hidden link with Ripple, considering it a potential problem solver for digital central bank currencies..."
https://dailycoin.com/is-ripple-hidden-link-to-imfs-global-cbdc-platform/

IMF 2023 Doc Positions XRP as a Solution to Enhance Cross-Border Payments
https://thecryptobasic.com/2023/07/19/imf-2023-doc-positions-xrp-as-a-solution-to-enhance-cross-border-payments/

Did You Know: IMF Silently Recognized XRP In 2018
"...International Monetary Fund (IMF) began helping governments develop Central Bank Digital Currencies (CBDCs), but XRP was always in the loop..."
https://coingape.com/did-you-know-imf-silently-recognized-xrp-in-2018/

Rise of Digital Money: Implications for Pacific Island Countries
https://www.imf.org/en/Publications/Departmental-Papers-Policy-Papers/Issues/2024/02/21/Rise-of-Digital-Money-Implications-for-Pacific-Island-Countries-543239

XRP News Today: IMF Report Delivers XRP Rally Amidst Ongoing Legal Battles
February 27, 2024
https://www.nasdaq.com/articles/xrp-news-today:-imf-report-delivers-xrp-rally-amidst-ongoing-legal-battles

XRP Army Finds Ripple Link To IMF As It Announces CBDC Platform
https://bitcoinist.com/xrp-army-finds-ripple-link-imf-cbdc-platform/

IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency
Bitcoin "puts a question mark on the fractional banking model we know today."
https://fee.org/articles/imf-head-predicts-the-end-of-banking-and-the-triumph-of-cryptocurrency/

WorldBank: CENTRAL BANK DIGITAL CURRENCIES FOR CROSS-BORDER PAYMENTS
https://documents1.worldbank.org/curated/en/369001638871862939/pdf/Central-Bank-Digital-Currencies-for-Cross-border-Payments-A-Review-of-Current-Experiments-and-Ideas.pdf

[Alpha611]

LMAO!
Who are you? Who do you work for and why do you keep promoting this garbage.

[europa7]

IMF Issues Serious U.S. Dollar Collapse Warning As The Fed Primes Bitcoin, Ethereum And XRP For A Crypto Price Boom
"The International Monetary Fund (IMF) has warned of a "striking" decline in the U.S. dollar's share of allocated foreign reserves of central banks and ..."
https://www.forbes.com/sites/digital-assets/2024/06/17/stealth-erosion-imf-issues-striking-us-dollar-collapse-warning-as-the-fed-primes-bitcoin-ethereum-and-xrp-for-a-crypto-price-boom/

[europa7]

"XRP will do for banking what email did for communication"...interesting post by Mr_Xoom on X...enjoy...

XRP will do for banking what email did for communication ;) pic.twitter.com/xeoM5ZajYq

— xoom (@Mr_Xoom) June 17, 2024

thought-provoking, inspiring speech by CTO Schwartz...history matters...imo...cheers

[trunkmonk]

XRP is much better and will be much more widely used then ether, watch the gap go away. right now its 0.0001458 ETH to 1 ERP. watch that get closer to 1:1

[weedtrader420]

XRP😎 💰💰💰💰💰💰💰💰💰💰💰🚀🚀🚀🚀🚀🚀🚀🚀🚀

[Alpha611]

Ignore the press!
Still waiting for this tomato plant to flower.

[nowwhat2]

[Alpha611]

💪[👌

[Alpha611]

👍️ hey hey heyyy! You go Danny boy.

[GreedyAgorist]

The re-flippening happened today. Will it last?

I will settle for both (XRP and TON) going up.

Which token is more likely to take part in the promised upcoming parabolic phase of this bull run? So far, it has not been XRP. Does that mean it is due?

[trunkmonk]

Japan along with BRICS nations make up 3 of the 5 largest economies in the world. WWIII has started, but it may be faught solely against the US dollar and petrodollar. Even me, along with most of the world, is tired of the swamp in this country. Free markets require free trade, which will require XRP for cross border transactions. Gold and XRP will be bunk buddies for decades.

[europa7]

World Expo 2025...Osaka Japan...
https://www.expo2025.or.jp/en/overview/

Ripple Exec on SBI Initiative: "This Is Going to Be Huge"
https://cryptonews.net/news/altcoins/28888170/

"...SBI intends to use the XRP Ledger in order to issue visitor non-fungible tokens (NFTs) for Expo 2025, an upcoming World Expo that is going to be held in Osaka, Japan.

It will be possible to get NFTs of MYAKU-MYAKU, the official character of the EXPO, by visiting the Expo and completing various missions. Visitors can also get additional NFTs if they use the Expo mobile app.

It is worth noting that the event is going to attract 28 million visitors..."

"...World Expos, which are meant to shine light on scientific, economic, and technological progress, have to be restricted to every five years. The most recent World Expo took place in Dubai, the UAE in 2020. Prior to that, it was held in Milan, Italy, in 2015.

The very first World Expo took place in London, the UK, all the way back in 1851. These massive events then became regulated with the establishment of the Paris-based Bureau International des Expositions in the late 1920s..."

"...The World Expo In Osaka is expected to last from April to October 2025. Japan also hosted such an event in the 70s and the 90s. The future World Expo will be focused on saving, empowering, and connecting lives. It will be held on an artificial island in Osaka Bay, which is located close to the mouth of the Yodo River..."

Japan’s SBI Group Plans to Issue NFTs Built on XRP Ledger for World Expo 2025 in Osaka
https://cryptonews.com/news/japans-sbi-group-plans-to-issue-nfts-built-on-xrp-ledger-for-world-expo-2025-in-osaka.htm

Osaka Digital Exchange to Launch Trading of Japan’s First Digital Securities on December 25
https://cryptonews.com/news/osaka-digital-exchange-to-launch-trading-of-japans-first-digital-securities-on-december-25.htm

Crypto-Friendly Osaka
"...The World Expo 2025 will be held in Osaka, Japan, In 2023, it emerged Osaka Digital Exchange Co. is set to revolutionize Japan’s financial landscape by introducing the country’s first-ever digital securities trading.

Osaka Digital Exchange (ODX) launched Japan’s first-ever digital securities trading. The platform will feature security tokens issued by real estate firms Ichigo Inc. and Kenedix Inc., with the inaugural trading focusing on securities backed by property investments from Ichigo..."

NFT’s minted on the XRP ledger at the World Expo 2025 🏁👀 https://t.co/WfPcCyLwzQ

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) April 18, 2024

[europa7]

XRP Jumps 5% After SEC Crypto Enforcement Chief Resigns
https://cryptonews.net/news/analytics/29251407/

[dshade]

traction after .55 achieved again. Admin handlers simply reacting to Trump's newfound support for crypto, specifically BTC domestic miners.

[europa7]

Surprising Tone Shift: Biden Administration Officials To Attend Key Bitcoin Roundtable In DC
https://zycrypto.com/surprising-tone-shift-biden-administration-officials-to-attend-key-bitcoin-roundtable-in-dc/

[europa7]

SEC crypto chief quits
David Hirsch worked at the Securities and Exchange Commission for nine years, and ran its crypto asset and cyber unit for two.
https://www.bankingdive.com/news/sec-crypto-cyber-chief-quits-David-Hirsch/719134/

SEC's Crypto Chief David Hirsch Resigns After Nine Years
https://www.financemagnates.com/executives/secs-crypto-chief-david-hirsch-resigns-after-nine-years/

[Alpha611]

Sounds good but thoughts are NOT MONTHS but years.
1 day, Won't justify after not months but years of doing so. / GL

[europa7]

XRP Officially Decouples From Bitcoin
https://u.today/xrp-officially-decouples-from-bitcoin

"...XRP outperforming every single cryptocurrency in top 100..."

"...Ripple-affiliated XRP cryptocurrency has managed to decouple from Bitcoin, the largest digital asset by market cap, after months of underperformance. The XRP/BTC pair is up as much as 7% on the Binance exchange over the last 24 hours. It is now on track to record the biggest spike against Bitcoin since March 11. Back then, it soared by a whopping 13% against the leading cryptocurrency within a single day. .."

[europa7]

Deposit Tokens Gain Favor in Commercial Banking
https://www.pymnts.com/blockchain/2024/why-deposit-tokens-rule-tokenization-landscape/

NOTE: tokenization of real-world asset use cases growing...new market opportunities emerging...very interesting...

(excerpt form article) "...While there exists a variety of “tokens” within the 21st-century payments and financial services landscape, with innovations ranging from cryptocurrency tokens to tokenized payments, it is a third token, tokenized commercial bank assets — or deposit tokens — that are increasingly being embraced as liquid means of payment and stores of value in blockchain-native environments.

Ripple and Archax announced Thursday (June 13) that they extended their existing partnership, aiming to bring hundreds of millions of dollars of tokenized real-world assets onto the XRP Ledger. The move shows that meeting the demand for blockchain-native cash equivalents is top of mind for firms.

As the digital transformation of finance accelerates, the landscape of money is evolving rapidly and tokenized deposits represent an advancement in the way banks and their end-users perceive and use digital currency, bridging the gap between traditional banking and the world of blockchain technology.

Deposit tokens are digital representations of traditional bank deposits, issued by regulated financial institutions and backed 1-to-1 by fiat currency held in reserve. Unlike cryptocurrencies such as bitcoin or ethereum, which are decentralized and often subject to volatility, deposit tokens offer stability and reliability by ensuring each token corresponds to a specific amount of fiat currency. This backing by real-world assets provides a layer of trust and security that is necessary for widespread adoption..."

[europa7]

yep, the numbers are a bit of a mystery...perhaps some political horse-trading going on behind the scenes...curious how this plays out in the courts...

Mark Cuban Says Gary Gensler Could Cost Biden The Presidency Following SEC’s Anti-Crypto Stance
https://zycrypto.com/mark-cuban-says-gary-gensler-could-cost-biden-the-presidency-following-secs-anti-crypto-stance/

XRP Massive $5 Price Breakout Nears As SEC Slashes Ripple’s Proposed Penalty From $2 Billion To $103 Million
https://zycrypto.com/xrp-massive-5-price-breakout-nears-as-sec-slashes-ripples-proposed-penalty-from-2-billion-to-103-million/

[europa7]

Stablecoins would help US keep up with China — Former House speaker
https://cointelegraph.com/news/united-states-dollar-stablecoins-alleviate-us-debt-crisis-former-speaker

Crypto: Ripple's Stablecoin, the secret weapon for a spectacular rise in XRP
https://www.cointribune.com/en/crypto-ripples-stablecoin-the-secret-weapon-for-a-spectacular-rise-in-xrp/

"...According to David Schwartz, Ripple’s CTO, the arrival of the RLUSD, far from threatening XRP’s position, will instead act as a catalyst to unlock its full potential and open new opportunities. He emphasized the close ties that will bind RLUSD to XRP, making their coexistence not only possible but highly synergistic.

Echoing this sentiment, Brad Garlinghouse, Ripple’s CEO, stressed that the RLUSD will be an accelerator for the XRP ecosystem as a whole. Designed and conceived to foster success for all stakeholders, this innovative stablecoin will greatly facilitate access and use of XRP by offering optimized entry and exit gateways. “The arrival of the RLUSD does not compromise our unwavering commitment to XRP. On the contrary, it will strengthen its unique position by allowing it to fully deploy its strengths to serve ever more varied and promising use cases.”..."

[ap17]

Not sure where they're getting 100MM for a possible settlement, Last I saw widely on the net was 20MM was rejected by XRP.

[ap17]

Indeed!

[europa7]

XRP Skyrockets With $1 Million Fund Flows as Ripple v. SEC Ruling Anticipated
https://u.today/xrp-skyrockets-with-1-million-fund-flows-as-ripple-v-sec-ruling-anticipated

"...In the latest weekly report from CoinShares on fund flows into crypto-oriented exchange-traded products, XRP has emerged as a standout despite a tough week for digital assets.

While overall investments in digital asset products saw outflows totaling $600 million, XRP-focused investments bucked the trend with inflows reaching $1.1 million over the past seven days. This marks the second consecutive week of strong investor interest in XRP-related financial instruments, reflecting a steady increase in confidence..."

[europa7]

Analysis at Frankfurt Stock Exchange Projects 20X Rally for XRP to $10
https://thecryptobasic.com/2024/06/15/analysis-at-frankfurt-stock-exchange-projects-20x-rally-for-xrp-to-10/

German Venture Capital Firm CEO Says XRP Can Be World Reserve Currency
https://thecryptobasic.com/2024/02/28/german-venture-capital-firm-ceo-says-xrp-can-be-world-reserve-currency/

interesting...

[europa7]

XRP Army Eyes $1.375 Price Amid Speculation of $100M Ripple Settlement
https://thecryptobasic.com/2024/06/17/xrp-army-eyes-1-375-price-amid-speculation-of-100m-ripple-settlement/

[weedtrader420]

XRP WOW! 🤩 WOOHOOOOOOOOOOOOOO

[dshade]

XRP doing opposite of BTC today. encouraging.

[europa7]

Ripple Cites New Terraform Labs Settlement in a Bid To Convince the Court To Lower the SEC’s Civil Penalty
https://dailyhodl.com/2024/06/15/ripple-cites-new-terraform-labs-settlement-in-a-bid-to-convince-the-court-to-lower-the-secs-civil-penalty/

"...In March, the SEC asked the court to order the firm to pay $876,308,712 in disgorgement, $198,150,940 in prejudgment interest, and a $876,308,712 civil penalty, which totals around $1.95 billion.

Ripple’s lawyers have argued that $10 million would reflect an appropriate percentage of the company’s actual gross revenues from pre-complaint institutional sales..."

[europa7]

SEC Commissioner Mark Uyeda Praises Tokenization
https://beincrypto.com/sec-commissioner-mark-uyeda-praises-tokenization/

"...Uyeda identified tokenization as a key technological advancement with the potential to enhance market efficiency. Tokenization involves converting asset rights into digital tokens on a blockchain. This process promises greater security, transparency, and immutability in transactions. It could also reduce the need for intermediaries, further lowering transaction costs.

However, Uyeda stressed the importance of regulators understanding the costs, benefits, and risks associated with tokenization. He referenced the UK Financial Conduct Authority’s (FCA) ongoing efforts to explore tokenization for FCA-authorized funds. The FCA’s detailed research and interim reports provide a valuable blueprint for other regulators considering similar steps.

The FCA’s approach underlines the necessity for thorough research and cautious implementation to protect investors while fostering innovation. Uyeda emphasized the importance of global regulatory cooperation in navigating the challenges posed by emerging technologies..."

DLA Piper working with Archax as it becomes first FCA regulated digital securities exchange
https://www.dlapiper.com/es-pr/news/2020/08/dla-piper-archax-fca-regulated-digital-securities-exchange

Ripple and Archax Partner on Tokenization of Real-World Assets
https://www.pymnts.com/partnerships/2024/ripple-and-archax-partner-on-tokenization-of-real-world-assets/

Ripple Collaborates with Archax to Bring Hundreds of Millions of Dollars of Tokenized Real-World Assets to the XRP Ledger
https://archax.com/insights/ripple-collaborates-with-archax-to-bring-hundreds-of-millions-of-dollars-of-tokenized-real-world-assets-to-the-xrp-ledger

interesting...

[europa7]

SEC slashes Ripple penalty to $102 million
https://cryptobriefing.com/sec-ripple-settlement-reduced/

"...The US Securities and Exchange Commission (SEC) has reduced its proposed settlement amount for Ripple from $2 billion to $102.6 million, according to a legal document dated June 14, 2024, shared by defense lawyer James Filan..."

[dshade]

TONALD price has done pretty well since inception.