Analyst Shares Theory On Who Really Built The XRP Ledger And Why Ripple Will ...
In a striking claim gaining attention on X, the analyst known as unknowDLT has shared a controversial theory suggesting that Ripple’s XRP Ledger was not merely “chosen” by the US government, but actually built by it. According to the analyst, this hidden connection could explain Ripple’s unusually favorable position in the global financial system and […]
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Ripple’s offering and institutional penetration with its XRP Ledger have always been at the forefront of discussions when it comes to the crypto industry. Recently, there has been a lot of debate about whether Ripple will use the XRP Ledger to replace SWIFT, which processes trillions of dollars worth of transactions every year. However, it […]
A prominent crypto commentator known as Remi Relief has expanded on theories linking Ripple, SWIFT, and the global banking system to the long-term valuation of XRP. His post on the social media platform X came in response to a discussion initiated by well-known analyst Paul Barron, who questioned whether Ripple’s strategy has always been to bridge the increasingly fragmented world of bank-issued stablecoins. The idea brings attention to XRP’s utility in facilitating liquidity between institutional networks, with Remi Relief noting that this could push the XRP price to $1,000. The....
Crypto analyst Cryptoinsight has provided a bullish outlook for the XRP price, predicting that it could soon rally to as high as $12. He alluded to fundamentals and technicals, which could spark this parabolic rally. What Could Spark The XRP Price Rally To $12 In a YouTube video, Cryptoinsight highlighted the Dubai Land Department’s recent move to launch a tokenization platform on the XRP Ledger (XRPL) as one of the catalysts that could spark the XRP price rally to $12. He also mentioned other recent partnerships and major moves Ripple has made as factors that could contribute to....
Ripple Labs (formerly OpenCoin) CTO Stefan Thomas has announced that, as of today, the source code for the peer-to-peer node behind the Ripple payment network is officially open source. Parts of Ripple, particularly a Javascript-based web client, have been open source for months, but the release of the peer-to-peer "full node", rippled (comparable to Bitcoin's bitcoind) means that the community now, at least in theory, has the entire suite of tools needed to maintain the Ripple network on its own. Ripple is a peer-to-peer digital payment network, similar to Bitcoin in many ways, but with a....
Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019. At close on Nov. 27, shares of Moneygram were down 4.8% at $7.42 on the Nasdaq Stock Exchange. However, the stock has soared 260% year-to-date, rising from $2.06 on Jan. 2. Ripple will earn nearly $30 million if it sold its 4 million Moneygram shares at current market prices – an almost 50%....