Ripple (available on Binance) News: Ripple (available on Binance) (XRP), the third largest virtual currency by market cap, is in the red zone Tuesday. The coin can’t take it too much to heart, though. Most of the top-ten coins are in the same position. 

That doesn’t mean Ripple (available on Binance) doesn’t have exciting things going on, though. Especially this week, considering everything that’s going on at NYC Blockchain Week and Consensus 2018. Before we get into Tuesday’s Ripple (available on Binance) news, however, we are going to need to look at XRP’s daily chart. 

Ripple (available on Binance) (XRP) Daily Chart

Ripple (available on Binance) (XRP) is currently selling for $0.721250. This puts XRP down 3.48% in the past twenty-four hours. 

Source: CoinMarketCap

As of right now, Ripple (available on Binance) (XRP) has a market capitalization of $28.27 billion. It is ranked below Ethereum (available on Coinbase) (ETH) – which is also currently down – and ahead of Bitcoin (available on Coinbase) Cash (BCH). BCH is also down in the past twenty-four hours. 

Ripple (available on Binance) News | May 15, 2018

Despite XRP being in the red on the crypto markets, there’s been some exciting Ripple (available on Binance) news that has surfaced over the past twenty-four hours.

First, let’s start with the obvious: Ripple (available on Binance) just announced a brand new initiative, one that is aimed at expanding the use of Ripple (available on Binance) (XRP). The project also targets entrepreneurs, and it is called Xpring. It has offered support to various well-known figures, such as Scooter Braun.

Excited to announce Xpring, a new initiative that supports businesses growing on the XRP Ledger, and initial investments in @SB_Projects, @blockchaincap, @Coil_ and @omni. TogETHer, we will grow the #InternetofValue! https://t.co/Vx7cBrnz3D
Ripple (available on Binance) (@Ripple (available on Binance)) May 14, 2018

Just the beginning @Ripple (available on Binance) https://t.co/1Zf3VpIrU9
— Scooter Braun (@scooterbraun) May 14, 2018

There’s more, though. The Ripple (available on Binance) website and Twitter page confirmed that Standard Chartered, Mitsubishi Corp., and Bank of Ayudhya will be testing payments between Thailand and Singapore using xCurrent. For those who don’t know, xCurrent is Ripple (available on Binance)’s “enterprise software solution.” 

Mitsubishi Corporation, @StanChart and @KrungsriSimple will test payments between Singapore and Thailand with #xCurrent! More on the potential new Ripple (available on Binance)Net corridor:https://t.co/tf3VJKLvU0
— Emi Yoshikawa (@emy_wng) May 14, 2018

Ripple (available on Binance) at Consensus 2018

It was a busy day yesterday at Consensus 2018, and some major Ripple (available on Binance) news came out. Of course, the Xpring news was major, but so was Joel Katz demoing the first live xRapid payment.

Witness history! @joelkatz demoing the 1st live #xRapid payment in 10 mins from Ripple (available on Binance)’s meeting room at #Consensus2018: 2nd floor, Beekman Pavilion. #BlockchainWeekNYC
Ripple (available on Binance) (@Ripple (available on Binance)) May 14, 2018

There could be more Ripple (available on Binance) news today, too. Tonight, Ripple (available on Binance) will host the XRP Community Night. Keep in mind this is an invite-only event, but it’s possible somETHing noteworthy will be said, shared with the masses on Wednesday. Snoop Dog is also set to perform, so hopefully, we’ll be able to see some videos of that! 

We can’t wait to see the real @SnoopDogg on stage at #XRPCommunity Night tomorrow! pic.twitter.com/AWDnSbo8qm
Ripple (available on Binance) (@Ripple (available on Binance)) May 14, 2018

Ripple (available on Binance) Community Response

So, what’s the Ripple (available on Binance) community saying on social media? From the looks of it, Ripple (available on Binance) has been getting quite a bit of love. As have hashtags such as #XRPCommunityNight, and #XRPNYC. 

I just arrived in NYC, looking forward to XRP Community Night! Now to find a good brunch spot. #XRPCommunity
— Dappy Roots (@dappyroots) May 15, 2018

#Ripple (available on Binance) makes me so excited! To think this technology is so close to being adopted on a consumer level is sick!#XRPthestandard #cryptocurrency #crypto
— Towerz [XRP] (@TowerzNY) May 14, 2018

“The app is a confirmation of Ripple (available on Binance)’s outstanding performances and trust that Bill Gate Foundation has in Ripple (available on Binance).”
Read again, Bill Gate Foundation has TRUST in Ripple (available on Binance)!!!https://t.co/58Kn06fpZS
— PandaRipple (available on Binance)XRP (@Ripple (available on Binance)PandaXRP) May 13, 2018

The Ripple (available on Binance) News Takeaway

Do you have a favorite announcement? Keep your eyes peeled throughout the rest of the week for more! After all, it is NYC Blockchain Week — anything could happen. 

Featured Image: Depositphotos/© Violka08

PreviousRipple (available on Binance) xRapid Achieves Cheaper and Faster Cross-Border Transactions

NextLianLian Join Ripple (available on Binance)Net- Bullish Activities Support the Move

If You Liked This Article Click To Share