Cryptocurrency startup Ripple has funded all 35,000 classroom projects on educational crowdfunding website DonorsChoose with a $29 million donation, the largest gift the non-profit has ever received. DonorsChoose and Ripple unveiled the San Francisco-based company’s donation on Tuesday in a video announcement, explaining that the $29 million gift was enough to fund all 35,000 projects currently listed on the platform. Continue reading Ripple Funds All 35,000 DonorsChoose Classroom Projects
Bitcoin futures may have been launched with tremendous fanfare – XRP futures, on the other hand, not so much. But in fact, U.K.-based startup Crypto Facilities has been operating a futures market for
the world’s third-largest cryptocurrency, developed by blockchain startup Ripple Inc., for almost 18 months now. And while the company’s CEO, Timo Schlaefer, has been tight-lipped about the product so far, he sees trends in recent data that indicate broader XRP futures adoption may be on the horizon.
“We have pretty good order books,” Schlaefer told CoinDesk, “And we’re in the process of working with some of the large market makers to draw that further.” Continue reading Ripple’s XRP Just Might Be the Next Big Crypto Futures Market
The Bitcoin and Ripple prices headlined a $45 billion cryptocurrency market rally that appeared to be predicated on optimism that this year’s G20 summit will not produce an international framework on cryptocurrency regulations. Monday brought a welcome respite for cryptocurrency investors, as the markets demonstrated a buoyancy that has been rare in recent days. Continue reading Ripple Price Headlines $45 Billion Market Rally
The last year is called a year of cryptocurrencies. Overall, in 12 months the total capitalization of virtual currencies has grown by more than 3300% from $18 billion to $613 billion. Despite the fact that the cryptocurrency market was burning with fever at the beginning of 2018, the result it showed in 2017 is considered the best in the whole history of the restricted assets class. Continue reading Reevaluation: which cryptocurrencies are worth investing in 2018?
Thai ‘big four’ banking institution Siam Commercial Bank (SCB) is adding euros and sterling to its Ripple-powered blockchain remittance platform. The SCB, one of Thailand’s biggest banks, is adding the euro and the sterling pound to its retail remittance offering powered by San Francisco-based blockchain giant Ripple, the Bangkok Post reports. SCB strategy chief Arak Sutivong pointed to strong payment inflows of euros and pounds to Thailand as inward remittance as reasons for the blockchain-powered retail offering. Continue reading Thai Bank Will Add Euro, Pound to Ripple Blockchain Retail Remittances