It’s the last day of May, and Ripple (available on Binance) is making it count. XRP is in the green, and Ripple (available on Binance) CEO Brad Garlinghouse is making headlines.
Why, though? What did the Ripple (available on Binance) CEO say? Is there specific Ripple (available on Binance) news causing XRP to be up? Well, luckily, we have the answers to those questions.
Ripple (available on Binance) News | Ripple (available on Binance) CEO Talks Bitcoin (available on Coinbase)
On Wednesday, Brad Garlinghouse, the Ripple (available on Binance) CEO, stated that while crypto prices have, in the past, been correlated with BTC, that pattern may soon meet its demise. For that to happen, said Mr. Garlinghouse, the markets will have to realize that there are notable differences between these assets.
He proceeded to explain that speculation currently dominates the crypto market, and it’s only a matter of time until people fully realize and “understand the different use cases.”
This is not the first time the Ripple (available on Binance) CEO has talked about Bitcoin (available on Coinbase). In fact, the last time he spoke about the virtual currency wasn’t too long ago. At Recode’s Code Conference, Garlinghouse called Bitcoin (available on Coinbase) “the Napster of digital assets.” If you don’t remember Napster, this is marginally offensive towards Bitcoin (available on Coinbase). Napster was a music service that, while changing the rules of virtual music, never succeeded.
More Ripple (available on Binance) News | May 31, 2018
Ripple (available on Binance) Price News
Meanwhile, XRP is making some noise on the market, finding itself in the green zone. At press time, Ripple (available on Binance) (XRP) is selling for $0.61. This puts XRP up 3.66% in the past twenty-four hours.
Source: CoinMarketCap
Ripple (available on Binance) News and Announcements
This week, we have seen one piece of Ripple (available on Binance) news make waves. Ripple (available on Binance) confirmed that Kuwait Finance House joined the Ripple (available on Binance)Net. This move indicates that the Islami bank supports Ripple (available on Binance)’s vision.
KFH is the First Bank in Kuwait to Join Ripple (available on Binance)Net for cross-boarder Instant Payments utilizing blockchain technology
— Kuwait Finance House (@KFHGroup) May 26, 2018
KFH is not the only institution that supports Ripple (available on Binance)’s vision, either. Actor Ashton Kutcher’s tech investment fund is invested in Ripple (available on Binance) and recently donated $4M on behalf of Ripple (available on Binance) to the Ellen Wildlife Fund.
Wow! What an incredible surprise!! We love you. We thank you. #WeNeedGorillas @aplusk @guyoseary @Ripple (available on Binance) pic.twitter.com/JgznXFxWAI
— Ellen Wildlife Fund (@EDWildlifeFund) May 23, 2018
While presenting the donation, Kutcher praised Ripple (available on Binance), stating that it is an organization that actually cares about making a change, and being involved in different use cases. Which, as we’ve now seen, is what the Ripple (available on Binance) CEO believes too.
The Ripple (available on Binance) News Takeaway
Do you have any thoughts on the performance of Ripple (available on Binance) this week? Both on the market, and the overall Ripple (available on Binance) announcements?
Featured Image: Twitter
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