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Ripple (XRP) fosters adoption by new investment in MoneyTap
o Ripple has announced a new investment in the subsidiary of investment giant SBI Holdings, MoneyTap.
o The cash injection is intended to accelerate development and drive new features such as a community currency and more.
https://www.crypto-news-flash.com/ripple-xrp-promotes-adoption-by-new-investment-in-moneytap/
Buying XRP doesn't make you invested in Ripple any more than buying a bottle of Ketchup makes you invested in Heinz. Ripple isn't a public company and Heinz, as silly as it sounds, requires you to buy stocks to be invested in them.
Ripple: Partnership with Flare Finance opens DeFi market for XRP
o Flare Networks-based DeFi protocol will launch 6 products to add utility to the digital asset XRP and the Spark token.
o Flare Finance products will use a multi-token ecosystem to provide governance and rewards to its users.
https://www.crypto-news-flash.com/ripple-partnership-with-flare-finance-opens-defi-market-for-xrp/
Obvious --> Trump Administration Concerned SEC Dragging Its Feet on Digital Currency as China Races Ahead
https://www.breitbart.com/politics/2020/10/24/trump-administration-concerned-sec-dragging-its-feet-on-digital-currency-as-china-races-ahead/
Winning The Crypto Lottery Just Got Fairer Thanks to Chainlink
Chainlink launched a new solution on Ethereum that can make blockchain games more decentralized.
Key Takeaways
o Chainlink has launched a new service for Ethereum called Verifiable Random Function (VRF).
o VRF can be used by Ethereum developers in games and NFTs that rely on decentralized randomness.
o PoolTogether, a lottery prize game on Ethereum is using VRF to choose random winners.
https://cryptobriefing.com/winning-the-crypto-lottery-just-got-fairer-thanks-chainlink/
Chainlink has outperformed BTC in the last year.
ROI:
Bitcoin..... Change vs USD (2019) +84.31
Chainlink... Change vs USD (2019) +485.16%
https://messari.io/asset/bitcoin/metrics
https://messari.io/asset/chainlink/metrics
ChainLink Whales Now Hold 648.6M LINK in Non-Exchange Wallets
https://en.ethereumworldnews.com/chainlink-whales-now-hold-648-6m-link-in-non-exchange-wallets/
Ripple Chief Brad Garlinghouse Addresses Concerns of XRP Manipulation
https://dailyhodl.com/2020/10/23/ripple-chief-brad-garlinghouse-addresses-concerns-of-xrp-manipulation/
Boston Consulting Group: Ripple (XRP) outperforms banks in many sectors
o A new report from the Boston Consulting Group describes that payment providers like Ripple outperform banks in many sectors.
o Banks must develop new technologies to keep pace with the latest advances.
https://www.crypto-news-flash.com/boston-consulting-group-ripple-xrp-outperforms-banks-in-many-sectors/
Ripple Chief Bullish on Bitcoin, Says XRP Needs Level Regulatory Playing Field in the US
https://dailyhodl.com/2020/10/20/ripple-chief-bullish-on-bitcoin-says-xrp-needs-level-regulatory-playing-field-in-the-us/
Ripple Eyes Japan, Singapore If Blockchain Firm Leaves U.S.
https://www.bloomberg.com/news/articles/2020-10-22/ripple-considers-japan-singapore-if-blockchain-firm-leaves-u-s
Every country in the world could end up with their own stable coins (fiat).
But XRP ODL would play a major role in rapid digital foreign exchange rates between these countries, for some banks and certainly individual funds transfers. Also XRP will be used for not only digital payments between domestic companies (without the need for banks), but digital payments between international companies, where foreign exchange is needed and banks are not needed.
Solve.Care Collaborates With Chainlink To Deliver Real-World Data For Blockchain Healthcare Services
We are excited to announce that Solve.Care has formed a collaboration with Chainlink to integrate decentralized oracle networks on Solve.Care’s platform to expand the role smart contracts play in the healthcare industry’s future.
https://aithority.com/technology/blockchain/solve-care-collaborates-with-chainlink-to-deliver-real-world-data-for-blockchain-healthcare-services/
ChainLink (LINK) is Now a Borrowable Asset on Binance Loans
Quick take:
The team at Binance has added ChainLink (LINK) as a borrowable asset on the Loans platform
Uniswap (UNI) and Flamingo Finance (FLM) are also now borrowable on Binance Loans
The Binance Loans platform uses the traditional collateralized borrowing
Loans can be of 7, 14, 30 and 90 days and repayable in advance
ChainLink technology continues to be integrated onto more crypto projects
https://en.ethereumworldnews.com/chainlink-link-is-now-a-borrowable-asset-on-binance-loans/
Chainlink: New product to track U.S. election results on the blockchain
o Everipedia will use Chainlink to enable the publication of U.S. election results in association with AP.
o Everipedia OraQle oracle as a service platform will be used by organizations to provide data directly to the blockchain.
https://www.crypto-news-flash.com/new-product-on-chainlink-will-be-used-to-publish-u-s-elections-on-the-blockchain/
Ripple: Binance and Kraken could participate in Spark airdrop
o XRP’s fork, Flare, confirms that it is in negotiations with Binance and Kraken to support Spark token airdrop.
o 18 exchanges and wallets support Spark airdrop and at least 5 are considering supporting its distribution.
https://www.crypto-news-flash.com/ripple-binance-and-kraken-could-participate-in-spark-airdrop/
Ripple CTO: There won’t be one world fiat, but XRP might be the bridge currency
https://www.crypto-news-flash.com/ripple-cto-there-wont-be-one-world-currency-but-xrp-might-be-the-bridge-currency/
Whales Loading Up on XRP, Aiming for $0.30
https://cryptobriefing.com/xrp-whales-buying-spree-aiming-0-30/
Ripple: XRP and blockchain adoption will explode in the next months
o Report finds increased adoption of digital assets such as XRP and blockchain technology during 2020.
o In the next two years, 24% of survey participants expect to be in a blockchain product testing phase.
https://www.crypto-news-flash.com/ripple-xrp-and-blockchain-adoption-will-explode-in-the-next-months/
Buy low sell high. (I guess we're half way there )
Not A Cold War: China Is Using A Digital Currency Insurgency To Unseat The US Dollar
(Poster: Pressure being added to financial system reset).
https://www.forbes.com/sites/stevenehrlich/2020/10/15/not-a-cold-war-china-is-using-a-digital-currency-insurgency-to-unseat-the-us-dollar/#24d42887748a
Ripple CEO predicts strong growth for XRP and ODL, 2020 ‘was huge’
o Ripple is intensifying its efforts on XRP, with the Asia-Pacific region having the greatest pulling power.
o On-Demand Liquidity and XRP transactions account for approximately 20% of all transactions on RippleNet.
https://www.crypto-news-flash.com/ripple-ceo-predicts-strong-growth-for-xrp-and-odl-2020-was-huge/
At #RippleSwell day two, @wef’s, @sheila_warren, discusses why mass adoption of #crypto is hindered until there is progress towards solving for digital identification.
At #RippleSwell day two, @wef’s @sheila_warren discusses why mass adoption of #crypto is hindered until there is progress towards solving for digital identification. pic.twitter.com/Sg4Utm9xlX
— Ripple (@Ripple) October 15, 2020
Ripple Swell day 1: ODL, Line of Credit and the Bank of America rumor
o On day 1 of Ripple’s Swell, CEO Brad Garlinghouse emphasized the central role of XRP in RippleNet.
o Screenshots and footage from an ODL demo reignited the rumor of a partnership between Bank of America and Ripple.
https://www.crypto-news-flash.com/ripple-swell-day-1-odl-line-of-credit-and-the-bank-of-america-rumor/
Ripple: Swell 2020 starts – Will the XRP price rise?
October 14, 2020
- This year’s swell conference started a few hours ago and will be held online this year.
- Among the prominent speakers are personalities from Blockchain and Fintech companies and the World Bank.
https://www.crypto-news-flash.com/ripple-swell-konferenz-startet-wird-der-xrp-kurs-steigen/
ChainLink = The Phoenix
"...a phoenix obtains new life by arising from the ashes of its predecessor."
When is the Snapshot date?
The first validated XRP ledger with a timestamp greater than or equal to 00:00 GMT on 12th December 2020.
Bought some more XRP (with soon to be Flare matching) this morning.
"...XRPL native coin, XRP, continues to attract attention from retail investors, institutional investors and also from different government agencies. Largely supported by Ripple in its quest to take over global remittance business from rival SWIFT, the asset is likely to rally more than prior crypto bull runs. According to crypto analyst, Credible Crypto -@CredibleCrypto, XRP is poised to rally and trade between $20 and $30 in the next bull rally..."
https://www.coinspeaker.com/xrp-next-bull-run-credible-crypto/
Flare Networks - Claiming Spark FAQ's
https://flare.ghost.io/claiming-spark-faq/
Ripple: Flare Networks CEO proposes mechanism to issue assets on XRP Ledger
o The asset issuing and redeeming mechanism on XRP Ledger will be trustless and based on a smart contract.
o Flare’s CEO proposal will allow the tokenization of different asset classes.
"Flare Networks brings DeFi to the XRP Ledger"
https://www.crypto-news-flash.com/flare-networks-ceo-proposes-mechanism-to-issue-assets-on-xrp-ledger/
Ripple: Flare Networks CEO proposes mechanism to issue assets on XRP Ledger
o The asset issuing and redeeming mechanism on XRP Ledger will be trustless and based on a smart contract.
o Flare’s CEO proposal will allow the tokenization of different asset classes.
"Flare Networks brings DeFi to the XRP Ledger"
https://www.crypto-news-flash.com/flare-networks-ceo-proposes-mechanism-to-issue-assets-on-xrp-ledger/
Can't be sure but the article does say they buy the XRP. So they own the XRP. They just have to pay back the amount borrowed for a fee. No different, to me, then getting a personal loan from a bank and buying XRP with the funds.
"Those companies using ODL on RippleNet, a network of payment providers, will be able to buy XRP from Ripple on credit and will be charged a fee on the amount borrowed."
For those using Coinbase, in case you missed this news:
Coinbase Spark Token: What is the Plan to Claim Spark token on Coinbase?
https://coinfomania.com/coinbase-spark-token-plan-to-claim-token/
Ripple Enters Lending With XRP Credit Lines to Fund Global Payments
https://www.coindesk.com/ripple-lending-credit-xrp
Chainlink oracles are now live on AdEx Network (ADX/USD) price feeds
https://cryptoslate.com/chainlink-oracles-are-now-live-on-adex-network-adx-usd-price-feeds/
Ripple scores big win over weekend
Judge throws out nearly all of the claims in a class action suit calling XRP an unregistered security illegally and fraudulently sold by Ripple
https://modernconsensus.com/cryptocurrencies/ripple/ripple-wins-big-over-the-weekend/
US losing tech cold war with China: Ripple boss
https://asiatimes.com/2020/10/us-losing-tech-cold-war-with-china-ripple-boss/