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Surprise Surprise Someone Said Something Nasty About XRP Again

Ripple’s XRP is often knee deep in controversy, it’s rare that we actually see people speaking kindly about the cryptocurrency, so, it might not come as a surprise when we tell you that once again, a prolific cryptocurrency figure has come to speak out against XRP. A lot of the time, people come out like this to attempt to drive down the value of an asset through the spread of FUD. Most of the time though, it doesn’t work, simply because as a community we have desensitised ourselves to this sensationalist type of behaviour.  Either way though, we should at...

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Ripple’s Brad Garlinghouse Thinks Facebook Went “Too Far” with Libra

The CEO of Ripple said that thanks to Facebook and it’s upcoming Libra currency, the San-Fransico firm was subject to scrutiny and criticism that it has received from regulators. Speaking in an interview with Bloomberg, Brad Garlinghouse said the company went ‘too far’ in its whitepaper by saying Libra was going to become a new currency. Facebook’s Libra coin was (and still is) slated by lawmakers since it was announced in June. whereas some enthusiasts see the stablecoin to be a good thing for the industry, and the world, there are more people that seem to hate it rather than...

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Ripple’s Open Letter To Congress Asks Lawmakers To Support Cryptocurrency

Typically and technically we should always see US lawmakers be quite bearish on cryptocurrency. Given that the digital asset class takes their power of the stat away from them, this makes sense. But due to the recent announcement by Facebook in regards to its upcoming Libra stablecoin, regulatory bodies are getting skittish on what it might mean and if that weren’t enough, in what seems to be an attempt to separate Ripple from the Libra worries, Ripple executives have sent an open letter the Congress. The open letter, written by Brad Garlinghouse, (CEO of Ripple) and Chris Larsen (Executive Chairman...

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Ripple’s Second Quarter Report Released - $250m Spike In XRP Sales

The second-quarter report by Ripple was released earlier this week, and as you would expect there were a few surprises including a new partner, a few losses and couple of gains. The San-Francisco based firm’s report states that the firm’s total sales of its XRP token increased by almost 50 percent to $251 million in the quarter, beating the first quarter of $169 million in sales. As reported by Coin Desk: “Direct institutional sales drove the uptick, increasing nearly 73 percent to $107.9 million from $61.9 million. Though programmatic sales still accounted for the majority of sales volumes with $144.6...

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Survey Suggests People Know More About Libra Than Ethereum Or XRP

Project Libra was barely announced before it was slated by the media over privacy concerns. Despite being just in its development phase, the upcoming stablecoin has been slated by a lot of government officials like the President of the US, Donald Trump who said a few weeks ago that he wasn’t a fan of the cryptocurrency (nor Bitcoin). That being said, Facebook’s Libra coin is getting more and more popular by the day. According to a recent survey conducted by eToro, around 60 percent of respondents who were involved in the survey had heard of Bitcoin. However, only 16% of...

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