Ripple price LIVE: XRP pushing towards $30BILLION as cryptocurrency market surges
THE Ripple price is bouncing back today as XRP enjoys its second day on the rise. Here is the latest news and live updates from Ripple, bitcoin, Ethereum and the rest of the cryptocurrency market.
Ripple’s XRP cryptocurrency is trading at about $0.76 this morning as it looks to recover from a month of heavy losses.
The digital currency’s market capitalisation is now hovering around the $30billion mark and, though it is far below its all time high of $145.5billion, investors will be relieved to see a second day of at least modest gains.
Ripple, the third biggest crypto on the planet, is joined by its closest rivals bitcoin (BTC) and Ethereum (ETH) in the green this morning.
The CoinMarketCap crypto tracker below shows XRP’s price and market cap value in real time.
Bringing you the latest Ripple price updates from CoinMarketCap, CoinDesk and leading crypto experts.
9.00pm: Ripple SEO talks at Yahoo Finance All Markets Summit: Crypto
Ripple CEO Brad Garlinghouse spoke at Yahoo Finance All Markets Summit: Crypto yesterday about XRP.
When Garlinghouse was asked about the price of XRP, he said he doesn’t like to check it all day or talk about it, but his company is heavily invested in the success and growth of XRP.
He said: "Ripple as a company, as the owner of 61% of the tokens today is the most interested party in the success of XRP ecosystem. We will do things to invest in the XRP ecosystem because that’s in our best interest.”
Garlinghouse went on to say: "The price of XRP over three hours, over three days, over three weeks, over three months, that is not success, that is not how I measure success.
I think about success over the next three to five years."
Comparing Ripple to Bitcoin the CEO said 'XRP is a thousand times faster, and a thousand times cheaper than a Bitcoin transaction."
"The coin desk published report, that shows you here is the average bitcoin blockchain transaction, average cost. I make the joke are you going to use a Bitcoin or a fraction of a bitcoin to buy a cup of coffee, well it's going to take hours to complete the transaction and your coffee is going to get cold."
7.16pm: China payment provider joins RippleNet
Chinese payment provider LianLian International has joined RippleNet, the payment network that uses Ripple's blockchain technology, to facilitate cross-border transactions.
The news was announced yesterday, and will see the Hong Kong-based company adopting Ripple's xCurrent solution in an effort to bring same-day, cross-border transaction onto a blockchain for its existing customers.
Arthur Zhu, CEO of LianLian International, said in a statement:
"With RippleNet, we will further enhance that experience by offering customers instant, blockchain-powered payments across the 19 currencies that we currently support."
According to Ripple, the partnership with LianLian will enable existing RippleNet members to connect with the Chinese market.
To read more go to:
https://www.express.co.uk/finance/city/916134/Ripple-price-live-XRP-news-cryptocurrency-value-rising-update
I’m looking forwards to what’s to come for ripple in 2018! I’m Hodling! What are your thoughts or comments?
To me, it seems this is the crypto that big banks and government want. If thats truly the case, then its the most likely to be widely accepted.
I agree. And At the end of the day as long as it’s making money they want a piece.