CEO Reveals Ripple’s XRP Is Driving A JPMorgan Competitor, Is SWIFT Next?
The Chief Executive Officer (CEO) of Teucrium Trading, Sal Gilbertie, has given a bold endorsement of Ripple and XRP, positioning the crypto payments company as a potential competitor to JPMorgan Chase. He described Ripple as a highly interconnected ecosystem that could scale globally once it acquires a banking license. As Ripple grows to challenge the largest bank in the US, it raises the question about how its rapidly expanding network could also rival legacy banking systems like SWIFT. Ripple Positioned As New JPMorgan And SWIFT Rival Crypto enthusiast and XRP advocate Diana recently....
Related News
Ripple’s latest strategic move has sparked fresh discussions on whether it is positioning itself as the modern successor of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). A crypto pundit has highlighted the company’s quiet expansion through global payment corridors, arguing that Ripple’s investment in regulated infrastructure is laying the groundwork for it to potentially […]
After a few months of ups and downs, the XRP price had fallen below $2 this month for the first time in seven months, breaking down toward its yearly support of $1.79. While there has been some recovery recently, the momentum remains low, and the chances of a sustained recovery decline with each new dip. As the altcoin continues to struggle, a market analyst has outlined the two major directions that the price could go in, given the bull and bear scenarios. The Bull Case For XRP For the XRP price to continue to rise, there would need to be some major momentum shift from here. For one, the....
Bitcoin (BTC) is undergoing one of the most challenging periods of the year, with prices retracting nearly 30% from its all-time high of $126,000 reached last month. This decline has raised concerns about a potential bear market, fueling fears within the cryptocurrency community and among BTC investors. Despite this, a new AI-driven simulation by Bitcoin analyst Timothy Peterson offers a more tempered outlook. In a post on X (formerly Twitter), Peterson indicated that while the situation remains complicated, the simulation suggests that the bottom might have already been reached or could....
The long-debated question of whether XRP could ever integrate into SWIFT’s global payments infrastructure may have been answered. Recent analysis from crypto researchers reveals that the token is not waiting for a direct partnership with SWIFT. Instead, Ripple’s technology is making inroads through a network of third-party fintech providers that already connect to SWIFT, offering […]
Much of bitcoin’s recent rally has been attributed to the tremendous success of the first bitcoin ETF to trade on Wall Street. The ProShares ETF had seen over $1 billion in trading volume in the first 24 hours alone. However, JPMorgan analysts do not believe that this is the driving force behind BTC breaking a […]