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Brad Garlinghouse Shares Future Of Ripple In An Interview With CNN

  • Brad Garlinghouse came into an appearance in an interview by CNN’s Julia Chatterley.
  • Ripple has recently announced the amendment of the XRPL community and a clearer vision and processes in improvising the XRP ledger.
  • The platform Xpring of Ripple is now aiming to provide educational content and insights to its viewers to give depth to the subject.

Brad Garlinghouse came into an appearance in an interview by CNN’s Julia Chatterley. The interview will be aired “First Move” and is planned to be on the 17th of February. The info on the interview was publicized when Julia took it to twitter to thank Brad for interviewing CNN and its viewers.

Previously Julia had asked her twitter audience on what to ask Brad on the upcoming interview, and many followers came up with interesting questions for the same.

Majority of the questions included on Ripple’s plans and the reason for varied fluctuation on the XRP market price and its performance while a group of followers was interested in Ripple’s On-Demand Liquidity.

Brad had previously appeared for an interview with CNN, where he shared his thoughts on the impact or effect of the launch of Libra Crypto on the Blockchain network. This interview was done back in September of 2019.

New Side of Ripple

Ripple has recently announced the amendment of the XRPL community and a clearer vision and processes in improvising the XRP ledger. The new amendment has an open choice to the ledger account holders to delete the account if the users wish to do so.

The collaboration with the national bank of Egypt has left the audience baffled and surprised. The collaboration aims to assist in providing fast remittances and also. National bank of Egypt will be the first bank in the African continent to join RippleNet and implement its state of the art solution for banking institutions.

The platform Xpring of Ripple is now aiming to provide educational content and insights to its viewers to give depth to the subject. This week Ripple has also started a recruitment process for the Xpring platform for various levels of development. It is also planning to enlarge its ecosystem and develop its XRP ledger.

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Ripple News Today – XRP Community Suggests an XRP Token Burn To Boost Price

  • XRP burn needed to push XRP price upward
  • XRP Price Update –Is the surge to $0.30 in the short term attainable?
  • XRP/USD Price Update – Will XRP bulls retest the $0.30 before the end of February?

XRP all-time high – The bid to burn 25% of the token in circulation by the XRP community is as a result of the sustained sluggishness of the XRP market. XRP News Now – according to insight from a trader with the username DanRocky on Twitter, he plans to attain a surge in XRP price via this means. According to DanRocky, this plan came to him after the report of crypto company Bitrue on BTR token burning. XRP News Now – The Twitter post has ignited a hot discussion amidst members of the crypto community. Although, not everyone is on the same page with this suggestion.

Ripple News Today – Previously, the XRP token was able to surge one point higher and exceeded ETH. In addition to XRP price variance, according to a Twitter post, the centralization of the asset by Ripple will also decline after the coin burning event.

XRP Price Update –is the surge to $0.30 in the short term attainable?

XRP Price Prediction 2020 – Even with the fast growth of the crypto market, there has been some variance in the price movement which has kept the major 10 tokens in the bullish zone. XRP daily – LTC is the major gainer so far with its market price surging by almost 7% over the last day. Generally, XRP price has declined by about $0.10, with a market cap of $12 040 521 791.

XRP Price Prediction 2020 – Ripple XRP price Forecast 2020

XRP USD TradingView – XRP currently has a trading price of $0.2751, with a 24-hour trading volume of $2 927 099 042, and a 24-hour change of 3.36%. XRP all-time high – traders have so far continued to press and pressure the price of the XRP token to the lower zone of the mounting green channel. Though the support level at $0.266 was able to sustain the XRP/USD pair from declining to the $0.236 level.

XRP/USD Price Update – Will XRP bulls retest the $0.30 before the end of February?

XRP Prediction 2020 – due to the buying pressure from traders, the XRP price has been shoved back into the bullish zone and it is trying to reinstate the XRP/USD pair to the average price level during the day. XRP daily – Should the reinstatement of the resistance of the two-hour moving average fails, the XRP price will seek for support at the $0.28 level to consolidate.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3XRP(XRP)$0.27510.171%

XRP USD TradingView – on the upside, the price movement on the XRP token is less positive. Even though XRP price encountered some price corrections amidst its growth, a massive price decline is yet to be seen. Hence, the closest XRP price prediction 2020 is a decline to the liquidity level of around $0.25 level until the end of February.

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RIPPLE LAUNCHES NEW XRP FRAUD REPORTING PROCEDURE

The Rundown

  • FRAUD CAN BE REPORTED, BUT FUNDS NOT REVERSED
  • RIPPLE PUSHING TO BECOME LEADER IN FINANCIAL SPACE

The company has created a page on its website where foul-play can be reported. This move represents the increasing attempts by Ripple to establish itself as a key player in global finance.

FRAUD CAN BE REPORTED, BUT FUNDS NOT REVERSED

The reporting website gives consumers the ability to make the company aware of fraudulent behavior involving the XRP token. This behavior could include theft, scams, or unauthorized gateways/exchanges. 

The site makes clear that Ripple cannot reverse transactions, owing to the decentralized XRP ledger. Also, XRP users are not Ripple customers. Thus, an “unusual activity report” can be used to help identify and stop fraud, but not necessarily compensate victims.

Interestingly, Ripple encourages users to report “potential sanctions violations, money laundering, unauthorized transactions and/or other financial crime.” In other words, it calls on the Ripple community to self-police, and inform the company of possible illegal activity. This fact underscores the close relationship between Ripple and XRP use, and the company’s firm desire to prevent any foul play with the token.

RIPPLE PUSHING TO BECOME LEADER IN FINANCIAL SPACE

This move is the latest in a series by Ripple in its goal of becoming a key player in global finance. The company has long asserted that it has major plans for expansion. CEO Brad Garlinghouse recently compared the company to Amazon, and noted that moving forward it would explore other services beside cross-border fiat transfers.

Brad Garlinghouse Ripple CEO

To achieve its goals Ripple will need cooperation from regulators, politicians, and law enforcement on a scale yet to be seen in the blockchain sector. In this context, opening up a tool for fraud reporting, and demonstrating a strong willingness to fight crime, is a sensible move. 14 BTC & 30,000 Free Spins for every player, only in mBitcasino’s Crypto Love Affair! Play Now!

Importantly, Ripple has not drawn the ire of the leaders that it needs to win over. For example, unlike Facebook’s Libra, which has been met with a torrent of opposition from world leaders, Ripple has received almost none despite being just as disruptive. 

Ripple’s position is, however, controversial among crypto advocates. Many blockchain purists have long criticized the company for its willingness to work with banks and regulators, asserting that the technology is designed to replace these institutions, not compliment them. Ripple and its executives disagree, claiming that cryptocurrency can only achieve mainstream use if it cooperates and enhances the existing financial infrastructure. 

Regardless of what one thinks of Ripple’s vision, its success in the blockchain space is without dispute. It now counts over three hundred banks as partners, and experienced over 500% growth in the fourth quarter of last year alone. 

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Ripple Price Analysis: XRP/USD consolidates in a flag formation as price settles around $0.275

  • XRP/USD is hovering above the green Ichimoku cloud.
  • The SMA 50 is on course to cross over the SMA 200 curve.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD dropped from $0.2745 to $0.273 as the price continued to consolidate in a flag formation and settle below the $0.275-level. XRP/USD is still hovering above the green Ichimoku cloud, while the SMA 20 is trending above the price. The MACD and Elliott Oscillator both indicate sustained bearish market sentiment, while the RSI is trending around the neutral zone. Interestingly, the SMA 50 is about to crossover the SMA 200, which could trigger massive bullish action in the near future.

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