XRP celebrated its 14th anniversary amid renewed selling pressure, with the token down about 11% over the past week. Despite short-term market weakness, Ripple executives, including CTO Emeritus David Schwartz and CEO Brad Garlinghouse, emphasized XRP's long-term value and ongoing role in payments and cross-border transfers. The company continues to focus on XRP's utility in improving payment efficiency and liquidity, while Garlinghouse has been vocal about cryptocurrency regulation challenges in the U.S. XRP remains a key player in crypto despite past bear markets and regulatory battles, trading recently at $1.17 with a slight price uptick.
SWIFT has introduced a blockchain-based shared ledger, entering pilot testing with 17 major global banks to enhance 24/7 tokenized cross-border payments. The platform improves payment coordination, liquidity management, and asset recognition but does...
Tom Zschach, former SWIFT Chief Innovation Officer, has denied rumors that SWIFT plans to integrate or support XRP in its global financial messaging network. While SWIFT is developing a blockchain-based payment system focusing on tokenized bank depos...
XRP has seen a significant drop in open interest (OI) from over $1 billion in May to around $773.5 million, indicating reduced trader activity and lower demand. Binance's XRP reserves also fell, suggesting less selling pressure but no strong buying i...
XRP surged past the $1.10 resistance level, gaining 1.8% to reach $1.1065 on increased trading volume, signaling renewed retail interest as futures open interest rose to 2.14 billion XRP. Despite this, institutional investors remain cautious, with sp...
Tom Zschach, former Chief Innovation Officer at SWIFT, has firmly denied rumors that SWIFT plans to integrate or support the Ripple-linked cryptocurrency XRP. The speculation arose from claims that SWIFT would collaborate with public tokens like XRP ...
