Ripple (available on Binance), the company, and Ripple (available on Binance) (XRP), the cryptocurrency, are both making waves today. After a poor performance on the market yesterday, XRP is up nearly 3%. Not to mention, the new XRP logo has been debuted. Meanwhile, Ripple (available on Binance) continues to voice its opinion on the crypto market, speaking on both BTC and blockchain this week.
First, let’s look at XRP, the digital asset.
New XRP Logo to Go with a Green Look
Not only is XRP up in the past twenty-four hours, but its new symbol was revealed yesterday, and can now be seen on the market. We’ll get to that, though. First, let’s XRP price news.
Ripple (available on Binance) (XRP) is currently selling for $0.53. This means XRP is up 2.68% in the past twenty-four hours.
Towards the end of last week, Ripple (available on Binance) (XRP) was selling for around $0.67. Still, XRP remains the 3rd largest digital currency in terms of market cap.
The New XRP Logo
It’s finally here. After the XRP community raised the issue of XRP and Ripple (available on Binance) having the same symbol, stating that it caused confusion as to the relationship between the company and the coin, a new XRP logo was suggested. And it has finally debuted! If you are anything like me, you may have geeked out a little when you noticed it on the market this morning.
With 62% of the votes on the second round, the winning XRP symbol!#XRPcommunity pic.twitter.com/HVla6o2gLl
— XRP Symbol (@XRPsymbol) June 13, 2018
What do you think of the new XRP logo?
Meanwhile Over at Ripple (available on Binance)
Ripple (available on Binance), the company, has made numerous headlines this month, and it’s not even June 15! We’ve seen partnerships, new banks joining the Ripple (available on Binance)Net, and various donations being made. This week, two members of the Ripple (available on Binance) team made comments that got a lot of attention, too.
Yesterday, David Schwartz, Ripple (available on Binance)’s chief cryptographer, said that it is unlikely that banks will start deploying blockchain technology in order to process international payments. Why? Schwartz cited privacy problems and low scalability. The cryptographer went on to say that even though banks have openly acknowledged the potential of blockchain, it is still not private enough for banks to use it on a global scale.
The day before that, CEO Brad Garlinghouse stated that Bitcoin (available on Coinbase) (BTC) “is really controlled by China.”
What do you think of these comments?