XRP
XRPWhat is CoinDesk20?
The CoinDesk20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
About XRP
XRP is known as a Real Time Gross Settlement System which is a ‘currency exchange and remittance network’ that independent servers validate. The currency traded is known as XRP and transfer times are immediate. XRP can be exchanged for most other currencies with its unique selling proposition being the avoidance of fees and wait times often associated with banks. It isn’t made up of a blockchain but rather a Hash Tree and its currency can’t be mined because there are a finite number of coins – 100 billion. XRP is popular with banks and institutions though the XRP token isn’t necessarily required for each transaction.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Bitcoin: Another Mini-Meltdown Appears Likely
Source Bitcoin (BTC-USD), as well as the blockchain enterprise sector in general, has become increasingly correlated with stocks in recent months. Due to the upcoming election, the lack of progress on the fiscal stimulus front, uncertainty about the state of the economy going forward, the likelihood of an increase in
Ripple has disputed YouTube's claims it knew nothing about XRP scams on its site, saying it alerted the video platform hundreds of times.
Many cryptocurrencies witnessed a resurgence of bullish action in July and August 2020, as weakness in the US Dollar persisted and provided an opportunity for a possible flight towards alternative assets. Accordingly, Ripple's (XRP-USD) price on the XRPUSD trading pair witnessed a short bullish run which seems to be searching
Bitcoin experienced a big jump Monday as investors continue to drop crypto into DeFi.
Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market.
