XRP News – In the past month, the crypto market has taken a bit of a beating. Now, the SEC has deemed that Ethereum (available on Coinbase) (ETH) isn’t a security, and the market is turning around. Bitcoin (available on Coinbase) is up in the past 24 hours, as is Ripple (available on Binance) (XRP) and Stellar (XLM).
In this article, we’re going to look at XRP news. Specifically, XRP price news. Then, to end, we will look at Ripple (available on Binance) news — pieces that have come from the software company.
Ripple (available on Binance) (XRP) is currently selling for $0.55. This puts XRP up 1.94% in the past twenty-four hours. Right now, XRP has a market cap of $21.66 billion, and its 24-hour trading volume is around $303.19 million.
Source: CoinMarketCap
Ripple (available on Binance) News | The Company
While not correlated, it is thought that the more success Ripple (available on Binance), the software company, has, the more successful XRP will be. So, has Ripple (available on Binance) done anything successful lately? You bet!
Donating Money to Schools Across the Globe
A couple weeks ago, Ripple (available on Binance) donated $50M to Universities across the globe, in order to further blockchain research. Then, yesterday, Ripple (available on Binance) added one more thing to the conversation: the San Francisco-based company said that it will be investing $2M over the next 5 years in the University of Texas at Austin’s school of business.
This is just one of the many initiatives that have allowed Ripple (available on Binance) to have one of its best quarters. Ripple (available on Binance), which owns a lot of XRP, has had more partnerships and collaborations than ever before. Not to mention we’ve seen two banks join the Ripple (available on Binance)Net in less than two months.
Sector Drama Doesn’t Faze the Company
The company has done a lot of good lately. However, it’s important to mention that Ripple (available on Binance) isn’t a company that will hide its opinions on the crypto sector just to spare the feelings of investors. Need an example? Here are two.
Bitcoin (available on Coinbase) Bashing
Brad Garlinghouse, Ripple (available on Binance) CEO, has been pretty vocal about his opinions on Bitcoin (available on Coinbase). At the end of May, Garlinghouse said Bitcoin (available on Coinbase) is the “Napster of Digital Assets.” Then, a couple days ago, the Ripple (available on Binance) CEO stated with utter confidence that BTC is “controlled by China.”
India Crypto Ban? Ripple (available on Binance) isn’t Worried
Word has surfaced that Ripple (available on Binance) isn’t worried about the mandate on restricting banks from dealing with virtual currencies. The mandate was implemented by the Indian Central Bank. According to various reports, Ripple (available on Binance) believes that the bank will soon overturn the ban.