RippleTrends
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"Ripple's Focus Beyond XRP Price, Echoed by Executive"
A senior executive at Ripple has disclosed that the company does not assess its success based on the performance of XRP’s price.
Read more on: https://thecryptobasic.com/2024/02/20/ripple-does-not-measure-its-success-in-xrp-price-ripple-executive/
#RippleUpdate #RippleTrends #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/02/20/ripple-does-not-measure-its-success-in-xrp-price-ripple-executive/
#RippleUpdate #RippleTrends #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
Binance came to the aid of Ripple co-founder Chris Larson by freezing $4.2 million in stolen XRP after a hacker targeted his wallet. This move by Binance aimed to prevent further misuse of the funds. In another incident, three individuals have been linked to the $400 million hack of crypto exchange FTX in 2022, with suspicions suggesting it was part of a sim-swap attack. Meanwhile, Polygon Labs has recently laid off 19% of its workforce in an effort to enhance overall performance. The XRP market ticker has experienced a dip, down to $0.50.
#Write2Earn #Binance #RippleTrends $XRP
#Write2Earn #Binance #RippleTrends $XRP
According to CryptoPotato, Ripple's potential Initial Public Offering (IPO) has been a widely-discussed topic among holders. Despite Ripple CEO Brad Garlinghouse stating that taking the company public is not a top priority, he also mentioned that they have been actively exploring markets outside the US for an IPO due to the hostile regulatory environment in the States. This has not stopped analysts and community members from speculating on its potential size.
Zach Rector, a well-known community member specializing in covering financial markets, recently shared his thoughts on the potential size of a future Ripple IPO on social media. He cited examples of the largest initial public offerings in history, such as Saudi Aramco, Alibaba, Softbank, Visa, and Meta (Facebook). Rector provided several reasons why a potential Ripple IPO could be significant, including the company's involvement in an innovative industry with transformative potential, its impressive lineup of prominent experts, and the amount of XRP that Ripple owns in Escrow.
Ripple recently conducted a buyback worth $285 million, valuing the company at $11 billion. Rector also mentioned future catalysts that could tip the scale in Ripple's favor regarding the size of the IPO, such as the case against the US Securities and Exchange Commission and a potential positive outcome. He believes that this would signal strength to investors, along with the fact that Ripple is 'cashflow-strong'.
#RippleTrends
Zach Rector, a well-known community member specializing in covering financial markets, recently shared his thoughts on the potential size of a future Ripple IPO on social media. He cited examples of the largest initial public offerings in history, such as Saudi Aramco, Alibaba, Softbank, Visa, and Meta (Facebook). Rector provided several reasons why a potential Ripple IPO could be significant, including the company's involvement in an innovative industry with transformative potential, its impressive lineup of prominent experts, and the amount of XRP that Ripple owns in Escrow.
Ripple recently conducted a buyback worth $285 million, valuing the company at $11 billion. Rector also mentioned future catalysts that could tip the scale in Ripple's favor regarding the size of the IPO, such as the case against the US Securities and Exchange Commission and a potential positive outcome. He believes that this would signal strength to investors, along with the fact that Ripple is 'cashflow-strong'.
#RippleTrends
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#RippleTrends #BinanceWish riple attacks again
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Coinstages
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Ripple Targets 2024 for Major Crypto Industry Breakthrough: President Monica Long’s Vision
Ripple President Monica Long predicts 2024 as a “breakout moment” for institutional adoption and real-world utility in the crypto industry, emphasizing a compliance-first approach.Ripple’s strategy focuses on stringent compliance, seamless integration with traditional finance, and enhanced usability to redefine the crypto landscape.
Ripple’s Transformative Roadmap for 2024
Ripple, a prominent figure in the cryptocurrency world, is gearing up for what could be a transformative year for the industry in 2024. Monica Long, Ripple‘s President, shared a compelling vision on the X social media platform that could potentially reshape the crypto space.
A Shift Towards Compliance and Integration
Central to Ripple‘s 2024 roadmap is an unwavering commitment to compliance. Moving beyond mere awareness, Ripple is advocating for a compliance-first approach, which they believe is essential for restoring trust in the crypto sector. This shift is particularly pertinent given the challenges and setbacks the industry has faced recently. Furthermore, Ripple is placing a significant emphasis on integration, highlighting its strategic partnerships with financial giants like Fidelity, BlackRock, PayPal, and Visa.
These collaborations underscore an increasing fusion of blockchain technology with the traditional financial system. Ripple‘s vision is not to replace banks but to enhance and streamline financial operations.
Enhancing Crypto Usability for Mainstream Adoption
Another critical aspect of Ripple‘s strategy is improving usability. Recognizing that while businesses may see the benefits of blockchain, they might not necessarily want to delve deep into the intricacies of cryptocurrencies. Ripple is pushing for a more user-friendly approach to crypto, aiming to simplify and demystify the experience for the average user. By making digital currencies more accessible and less daunting, Ripple believes it can spur mainstream adoption and mark a significant shift in public perception and usage of digital assets.
A Pivotal Year Ahead
In summary, Ripple’s vision for 2024 represents a significant departure from the speculative cycles that have historically defined the crypto industry. By focusing on stringent compliance, integration with traditional finance, and enhancing usability, Ripple is poised to lead a critical transformation in the crypto landscape. As the industry looks towards 2024, Ripple’s strategy could be the catalyst for widespread institutional adoption and the realization of real-world utility for cryptocurrencies.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ripple
Ripple’s Transformative Roadmap for 2024
Ripple, a prominent figure in the cryptocurrency world, is gearing up for what could be a transformative year for the industry in 2024. Monica Long, Ripple‘s President, shared a compelling vision on the X social media platform that could potentially reshape the crypto space.
A Shift Towards Compliance and Integration
Central to Ripple‘s 2024 roadmap is an unwavering commitment to compliance. Moving beyond mere awareness, Ripple is advocating for a compliance-first approach, which they believe is essential for restoring trust in the crypto sector. This shift is particularly pertinent given the challenges and setbacks the industry has faced recently. Furthermore, Ripple is placing a significant emphasis on integration, highlighting its strategic partnerships with financial giants like Fidelity, BlackRock, PayPal, and Visa.
These collaborations underscore an increasing fusion of blockchain technology with the traditional financial system. Ripple‘s vision is not to replace banks but to enhance and streamline financial operations.
Enhancing Crypto Usability for Mainstream Adoption
Another critical aspect of Ripple‘s strategy is improving usability. Recognizing that while businesses may see the benefits of blockchain, they might not necessarily want to delve deep into the intricacies of cryptocurrencies. Ripple is pushing for a more user-friendly approach to crypto, aiming to simplify and demystify the experience for the average user. By making digital currencies more accessible and less daunting, Ripple believes it can spur mainstream adoption and mark a significant shift in public perception and usage of digital assets.
A Pivotal Year Ahead
In summary, Ripple’s vision for 2024 represents a significant departure from the speculative cycles that have historically defined the crypto industry. By focusing on stringent compliance, integration with traditional finance, and enhancing usability, Ripple is poised to lead a critical transformation in the crypto landscape. As the industry looks towards 2024, Ripple’s strategy could be the catalyst for widespread institutional adoption and the realization of real-world utility for cryptocurrencies.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ripple
"Ripple's Recent Legal Win Eases Concerns and Uncovers Details"
Leading crypto payments company Ripple has finally put an end to its legal tussle with global money transfer service provider GCC Exchange.
Read more on: https://thecryptobasic.com/2024/01/25/ripple-now-has-one-less-lawsuit-to-worry-about-details/
#RippleTrends #RippleLegalBattle #Crypto #cryptonews #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/01/25/ripple-now-has-one-less-lawsuit-to-worry-about-details/
#RippleTrends #RippleLegalBattle #Crypto #cryptonews #CryptoNewsUpdate
Ripple CTO David Schwartz recently disclosed that Ripple plans to broaden its scope to other areas such as real-world asset (RWA) tokenization and a multichain ecosystem.
#Ripple.was.trading #RippleTrends #Crypto #CryptoNewsFlash #CryptonewswithJack
#Ripple.was.trading #RippleTrends #Crypto #CryptoNewsFlash #CryptonewswithJack
The live price of XRP is $ 0.530594 per (XRP / USD) with a current market cap of $ 28.85B USD. 24-hour trading volume is $ 791.41M USD. XRP to USD price is updated in real-time. XRP is +0.14% in the last 24 hours with a circulating supply of 54.37B. #RippleTrends
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Brad Garlinghouse: Ripple refuses to hold an IPO
CEO Brad Garlinghouse announced that the company is in the process of repurchasing shares for a total amount of about $285 million. The head of Ripple explained: the decision was made against the backdrop of negative dynamics of the digital asset market and uncertainty about the future prospects for regulation of the US crypto industry.
Brad Garlinghouse said that instead of previous plans to become a public company, Ripple Labs plans to regularly carry out a buyback procedure, which will guarantee the liquidity of assets to the remaining investors.
The US Securities and Exchange Commission (SEC) voluntarily dropped all charges against Brad Garlinghouse and company co-founder Chris Larsen regarding violations of securities laws.
#XRPInvestment #XRPSurge #XRPWatch #RippleTrends #Ripple
$XRP
CEO Brad Garlinghouse announced that the company is in the process of repurchasing shares for a total amount of about $285 million. The head of Ripple explained: the decision was made against the backdrop of negative dynamics of the digital asset market and uncertainty about the future prospects for regulation of the US crypto industry.
Brad Garlinghouse said that instead of previous plans to become a public company, Ripple Labs plans to regularly carry out a buyback procedure, which will guarantee the liquidity of assets to the remaining investors.
The US Securities and Exchange Commission (SEC) voluntarily dropped all charges against Brad Garlinghouse and company co-founder Chris Larsen regarding violations of securities laws.
#XRPInvestment #XRPSurge #XRPWatch #RippleTrends #Ripple
$XRP
$XRP Call it round bottom or the smiley face - love them both. I believe #Ripple is well overdue for a pump in this market
$SOL $ADA
#RippleTrends #RippleUpdate #Write2Earn
$SOL $ADA
#RippleTrends #RippleUpdate #Write2Earn
"Former Ripple Executive Alleges U.S. Government Interference in Manipulating XRP Market Dynamics"
The former director accuses the U.S. federal government of suppressing XRP price as he encourages crypto fans to vote for Attorney Deaton in the upcoming Senate election.
Read more on: https://thecryptobasic.com/2024/03/01/ex-ripple-director-says-u-s-federal-government-is-suppressing-xrp-price-proposes-solution/
#RippleUpdate #RippleTrends #Crypto #CryptoNewsFlash #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/03/01/ex-ripple-director-says-u-s-federal-government-is-suppressing-xrp-price-proposes-solution/
#RippleUpdate #RippleTrends #Crypto #CryptoNewsFlash #CryptonewswithJack
Ripple Macro Scale🧐
#XRP might hit different in the current cycle🚀👀
- Overall a Massive Channel - 2465 Days are spent inside the one🔥
- Major Demand Zone [0.16$ - 0.25$] which formed back in 2017 was not lost = Investors Do Not Dump🤔
P.S FA is shady for $XRP due to long SEC troubles, still it's worth to try imo
#XRPArmy
🎯Mid-Term Target → 1.37$
🎯Long-Term Target → 2.7$
🎯Long-Term Target → 5.5$
🎯Market Top → 8.8$
Accumulate with me on 📈Bybit
#DYOR
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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#TrendingTopic #pepe #BTC #RippleTrends #BTC
#XRP might hit different in the current cycle🚀👀
- Overall a Massive Channel - 2465 Days are spent inside the one🔥
- Major Demand Zone [0.16$ - 0.25$] which formed back in 2017 was not lost = Investors Do Not Dump🤔
P.S FA is shady for $XRP due to long SEC troubles, still it's worth to try imo
#XRPArmy
🎯Mid-Term Target → 1.37$
🎯Long-Term Target → 2.7$
🎯Long-Term Target → 5.5$
🎯Market Top → 8.8$
Accumulate with me on 📈Bybit
#DYOR
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
XRP
$0.7
+4.97%
Give a Tip
0 people tipped the creator.
797
Views
3
Likes
0
Quotes
0
Shares
2 Replies
Most Recent
Most Relevant
Angle Gruhn SSvo
#TrendingTopic #pepe #BTC #RippleTrends #BTC
#RippleTrends
#ETHERUM #BitcoinDreams
Technical Analysis: The FXStreet team will offer the most accurate technical analysis to help the individual investor find trading opportunities. Technical confluences, technical levels, forecasts and trading positions will be some of the tools our market analysts will use to explain the behavior of the market.
Bitcoin This digital system based on the blockchain was conceived in 2009 by Satoshi Nakamoto, with its identity unknown to this day. Currently occupies the first position in the ranking of market capitalization and has various forks, representing the variation of existing cryptocurrency, but acting as an independent entity, emerged since 2017. Forks such as Bitcoin Gold, Bitcoin Cash, with the total number of forks currently exceeding ten. Unlike other cryptocurrencies such as Ripple or Ethereum, the production of Bitcoin will continue to reach 21 million Bitcoin.
Ethereum: an open-source cryptocurrency launched in 2015 and proposed by Vitalik Buterin, Garvin Wood, and Joseph Lubin. It is based on the blockchain model whose main objective is the decentralization of the market. In 2016 there was a fork from which the Classic Ethereum emerged. Currently and since its inception, Ethereum ranks second in tems of the market capitalization.
Ripple: Similarly to Bitcoin and Ethereum, Ripple is a decentralized payment system based on open-source. In fact, the project came years before its competitors, specifically in 2004 at the hands of Ryan Fugger. However, it was not until 2016 when he obtained the license to operate it. Unlike the previous ones, Ripple does not have mining operations nor will new currencies be created in the future. It is the third largest cryptocurrency in terms of market capitalization.
#Cryptogems01
#ETHERUM #BitcoinDreams
Technical Analysis: The FXStreet team will offer the most accurate technical analysis to help the individual investor find trading opportunities. Technical confluences, technical levels, forecasts and trading positions will be some of the tools our market analysts will use to explain the behavior of the market.
Bitcoin This digital system based on the blockchain was conceived in 2009 by Satoshi Nakamoto, with its identity unknown to this day. Currently occupies the first position in the ranking of market capitalization and has various forks, representing the variation of existing cryptocurrency, but acting as an independent entity, emerged since 2017. Forks such as Bitcoin Gold, Bitcoin Cash, with the total number of forks currently exceeding ten. Unlike other cryptocurrencies such as Ripple or Ethereum, the production of Bitcoin will continue to reach 21 million Bitcoin.
Ethereum: an open-source cryptocurrency launched in 2015 and proposed by Vitalik Buterin, Garvin Wood, and Joseph Lubin. It is based on the blockchain model whose main objective is the decentralization of the market. In 2016 there was a fork from which the Classic Ethereum emerged. Currently and since its inception, Ethereum ranks second in tems of the market capitalization.
Ripple: Similarly to Bitcoin and Ethereum, Ripple is a decentralized payment system based on open-source. In fact, the project came years before its competitors, specifically in 2004 at the hands of Ryan Fugger. However, it was not until 2016 when he obtained the license to operate it. Unlike the previous ones, Ripple does not have mining operations nor will new currencies be created in the future. It is the third largest cryptocurrency in terms of market capitalization.
#Cryptogems01
After winning against Ripple, SEC expects financial records by Feb 20, marking a crucial phase in the lawsuit.
#RippleVsSEC #RippleTrends #XRPLover #Crypto #CryptoNews🔒📰🚫
#RippleVsSEC #RippleTrends #XRPLover #Crypto #CryptoNews🔒📰🚫
Free $XRP up for grabs on FaucetEarner
claim up to 10 XRP every minute on the crypto faucet site
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#XRP🚀 #RippleTrends #RippleRevolution
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#XRP🚀 #RippleTrends #RippleRevolution
Ripple XRP: $100 Investments Turns Into $1.4 Million in Feb 2024
Ripple's XRP, a well-established cryptocurrency, has recently experienced a notable correction entering 2024. With a 2% dip in daily charts, 3.6% in weekly charts, over 12% in the 14-day charts, and a 22.5% decline over the past month, XRP faces volatility. Despite this, it has sustained a 22.4% gain since January 2023.
Having entered the market in 2013, XRP boasts a decade-long history. If one had consistently invested $100 weekly since September 2013, the total investment would be $54,300, growing to an impressive $1.44 million—a remarkable 2564% growth. Further, investing $100 weekly until XRP's peak in January 2018 would have turned a $22,700 investment into a staggering $5.3 million, a remarkable 23,311% increase.
XRP currently stands more than 85% below its all-time high of $3.40 in January 2018. Interestingly, it did not reach a new high in 2021, possibly due to an ongoing legal battle with the US SEC. The SEC alleges XRP's sale violates securities laws, though a district court ruled otherwise last year. As the lawsuit awaits a high court decision, investors anticipate potential market impact if the ruling aligns with the district court's
#RippleTrends #Ripple.was.trading #ripple
#Cryptospeak
#cryptocarancy
Ripple's XRP, a well-established cryptocurrency, has recently experienced a notable correction entering 2024. With a 2% dip in daily charts, 3.6% in weekly charts, over 12% in the 14-day charts, and a 22.5% decline over the past month, XRP faces volatility. Despite this, it has sustained a 22.4% gain since January 2023.
Having entered the market in 2013, XRP boasts a decade-long history. If one had consistently invested $100 weekly since September 2013, the total investment would be $54,300, growing to an impressive $1.44 million—a remarkable 2564% growth. Further, investing $100 weekly until XRP's peak in January 2018 would have turned a $22,700 investment into a staggering $5.3 million, a remarkable 23,311% increase.
XRP currently stands more than 85% below its all-time high of $3.40 in January 2018. Interestingly, it did not reach a new high in 2021, possibly due to an ongoing legal battle with the US SEC. The SEC alleges XRP's sale violates securities laws, though a district court ruled otherwise last year. As the lawsuit awaits a high court decision, investors anticipate potential market impact if the ruling aligns with the district court's
#RippleTrends #Ripple.was.trading #ripple
#Cryptospeak
#cryptocarancy
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The US Securities and Exchange Commission has increased pressure on Ripple in court
The US Securities and Exchange Commission (SEC) has filed a motion to force Ripple to file financial statements for 2022-2023 and provide contracts governing institutional sales.
According to the documents, institutional sales covered the same types of transactions that Judge Torres found to be unregistered offers and sales of securities.
An SEC representative submitted a statement to Southern District of New York Magistrate Judge Sarah Netburn. In it, the regulator asks that Ripple be required to answer a single question about the amount of income from institutional sales of XRP received under contracts before the filing of the lawsuit in 2020.
Another SEC demand is that the court impose remedies such as injunctions and civil penalties against Ripple. The Securities and Exchange Commission asked the court to make a decision that will help Judge Torres determine whether Ripple was guilty in the first case.
#RippleUpdate #RippleTrends #XRPUnleashed #XRPInvestment
$XRP
The US Securities and Exchange Commission (SEC) has filed a motion to force Ripple to file financial statements for 2022-2023 and provide contracts governing institutional sales.
According to the documents, institutional sales covered the same types of transactions that Judge Torres found to be unregistered offers and sales of securities.
An SEC representative submitted a statement to Southern District of New York Magistrate Judge Sarah Netburn. In it, the regulator asks that Ripple be required to answer a single question about the amount of income from institutional sales of XRP received under contracts before the filing of the lawsuit in 2020.
Another SEC demand is that the court impose remedies such as injunctions and civil penalties against Ripple. The Securities and Exchange Commission asked the court to make a decision that will help Judge Torres determine whether Ripple was guilty in the first case.
#RippleUpdate #RippleTrends #XRPUnleashed #XRPInvestment
$XRP
How to Buy and Store Ripple (XRP) Safely
Safely Acquiring and Storing Ripple (XRP): A Comprehensive Guide
In the ever-evolving landscape of cryptocurrency, Ripple (XRP) has emerged as a prominent player, offering a unique digital asset that goes beyond traditional cryptocurrencies. If you’re considering entering the world of XRP investments, ensuring the security of your holdings is paramount. This comprehensive guide will walk you through the essential steps of purchasing and storing Ripple security. From choosing reputable exchanges for your XRP Investment to implementing secure storage solutions, these crucial insights will empower you to navigate the crypto realm with confidence. Maximize the safety of your Ripple investments by adopting best practices, staying informed, and safeguarding your cryptocurrency portfolio against potential risks.
1. Choosing a Reliable Cryptocurrency Exchange:
To begin your journey with Ripple, you need to choose a reputable cryptocurrency safety. Look for exchanges that support XRP trading and have a track record of security. Popular platforms like Binance, Coinbase, Kraken, and Bitstamp are among the exchanges that often offer XRP trading pairs. Ensure the exchange you choose complies with security standards and has robust measures in place to protect user funds.
2. Creating an Account:
Once you’ve selected a cryptocurrency exchange, you’ll need to create an account. This typically involves providing your email address, creating a password, and completing any identity verification processes required by the exchange. Follow the exchange’s instructions carefully and use a strong, unique password for your account.
3. Verifying Your Identity:
Many cryptocurrency exchanges require identity verification to comply with regulatory standards. This process often involves submitting personal identification documents, such as a driver’s license or passport. Be prepared to undergo this verification step, as it enhances the security of the exchange and helps prevent fraudulent activities.
4. Depositing Funds:
After successfully creating and verifying your account, the next step is to deposit funds into your exchange account. Most exchanges allow deposits in fiat currencies like USD or EUR, as well as in cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). Follow the deposit instructions provided by the exchange and ensure that you are using secure and trusted payment methods.
5. Purchasing Ripple (XRP):
Once your account is funded, navigate to the trading section of the exchange and search for the XRP trading pairs. Common pairs include XRP/USD, XRP/BTC, or XRP/ETH. Choose the pair that suits your preference and place a buy order for Ripple at the desired price. You can use market orders for immediate execution or set limit orders to specify the price you are willing to pay.
6. Transferring XRP to a Secure Wallet:
While exchanges provide a platform to buy and sell Ripple, it’s recommended to transfer your XRP to a secure wallet for long-term storage. Hardware wallets like Ledger Nano S or Ledger Nano X are considered highly secure options. Alternatively, you can use reputable software wallets like Toast Wallet or Exarpy. Follow the specific instructions for your chosen wallet to set it up and receive your XRP.
7. Securing Your Ripple Wallet:
Regardless of your chosen wallet type, make security your top priority. Top of Form Set a strong password, enable two-factor authentication (2FA), and follow the best practices recommended by the wallet provider. If you’re using a hardware wallet, keep the recovery seed phrase in a safe and offline location. Protecting access to your wallet is crucial for safeguarding your Ripple holdings.
8. Regularly Updating Your Wallet Software:
To stay ahead of potential security vulnerabilities, it’s essential to regularly update your wallet software. Both hardware and software wallets release updates to enhance security features and address any identified issues. Keep an eye on official announcements from your wallet provider and apply updates promptly.
9. Staying Informed:
The cryptocurrency space is dynamic, and staying informed is a key aspect of securing your Ripple investment. Follow official Ripple announcements, monitor the market, and be cautious of phishing attempts or fraudulent activities. Engaging with the Ripple community and reputable sources can provide valuable insights into potential risks and opportunities.
10. Diversifying Your Storage Methods:
Consider diversifying your storage methods for added security. While hardware wallets are known for their robust security, having a backup software wallet or using secure paper wallets can provide an extra layer of protection. Diversification reduces the risk of a single point of failure compromising your Ripple holdings.
#ripple #RippleTrends
In the ever-evolving landscape of cryptocurrency, Ripple (XRP) has emerged as a prominent player, offering a unique digital asset that goes beyond traditional cryptocurrencies. If you’re considering entering the world of XRP investments, ensuring the security of your holdings is paramount. This comprehensive guide will walk you through the essential steps of purchasing and storing Ripple security. From choosing reputable exchanges for your XRP Investment to implementing secure storage solutions, these crucial insights will empower you to navigate the crypto realm with confidence. Maximize the safety of your Ripple investments by adopting best practices, staying informed, and safeguarding your cryptocurrency portfolio against potential risks.
1. Choosing a Reliable Cryptocurrency Exchange:
To begin your journey with Ripple, you need to choose a reputable cryptocurrency safety. Look for exchanges that support XRP trading and have a track record of security. Popular platforms like Binance, Coinbase, Kraken, and Bitstamp are among the exchanges that often offer XRP trading pairs. Ensure the exchange you choose complies with security standards and has robust measures in place to protect user funds.
2. Creating an Account:
Once you’ve selected a cryptocurrency exchange, you’ll need to create an account. This typically involves providing your email address, creating a password, and completing any identity verification processes required by the exchange. Follow the exchange’s instructions carefully and use a strong, unique password for your account.
3. Verifying Your Identity:
Many cryptocurrency exchanges require identity verification to comply with regulatory standards. This process often involves submitting personal identification documents, such as a driver’s license or passport. Be prepared to undergo this verification step, as it enhances the security of the exchange and helps prevent fraudulent activities.
4. Depositing Funds:
After successfully creating and verifying your account, the next step is to deposit funds into your exchange account. Most exchanges allow deposits in fiat currencies like USD or EUR, as well as in cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). Follow the deposit instructions provided by the exchange and ensure that you are using secure and trusted payment methods.
5. Purchasing Ripple (XRP):
Once your account is funded, navigate to the trading section of the exchange and search for the XRP trading pairs. Common pairs include XRP/USD, XRP/BTC, or XRP/ETH. Choose the pair that suits your preference and place a buy order for Ripple at the desired price. You can use market orders for immediate execution or set limit orders to specify the price you are willing to pay.
6. Transferring XRP to a Secure Wallet:
While exchanges provide a platform to buy and sell Ripple, it’s recommended to transfer your XRP to a secure wallet for long-term storage. Hardware wallets like Ledger Nano S or Ledger Nano X are considered highly secure options. Alternatively, you can use reputable software wallets like Toast Wallet or Exarpy. Follow the specific instructions for your chosen wallet to set it up and receive your XRP.
7. Securing Your Ripple Wallet:
Regardless of your chosen wallet type, make security your top priority. Top of Form Set a strong password, enable two-factor authentication (2FA), and follow the best practices recommended by the wallet provider. If you’re using a hardware wallet, keep the recovery seed phrase in a safe and offline location. Protecting access to your wallet is crucial for safeguarding your Ripple holdings.
8. Regularly Updating Your Wallet Software:
To stay ahead of potential security vulnerabilities, it’s essential to regularly update your wallet software. Both hardware and software wallets release updates to enhance security features and address any identified issues. Keep an eye on official announcements from your wallet provider and apply updates promptly.
9. Staying Informed:
The cryptocurrency space is dynamic, and staying informed is a key aspect of securing your Ripple investment. Follow official Ripple announcements, monitor the market, and be cautious of phishing attempts or fraudulent activities. Engaging with the Ripple community and reputable sources can provide valuable insights into potential risks and opportunities.
10. Diversifying Your Storage Methods:
Consider diversifying your storage methods for added security. While hardware wallets are known for their robust security, having a backup software wallet or using secure paper wallets can provide an extra layer of protection. Diversification reduces the risk of a single point of failure compromising your Ripple holdings.
#ripple #RippleTrends
"Ripple's IPO Strategy: Expert Questions and Strategic Perspectives"
Pro-XRP lawyer Bill Morgan has raised a pertinent question regarding Ripple’s potential Initial Public Offering in the United States.
Read more on: https://thecryptobasic.com/2024/01/16/expert-questions-how-ripple-can-go-for-ipo-with-this-happening/
#Rippleipo #RippleUpdate #RippleTrends #cryptocurrecny #CryptoNewsLand
Read more on: https://thecryptobasic.com/2024/01/16/expert-questions-how-ripple-can-go-for-ipo-with-this-happening/
#Rippleipo #RippleUpdate #RippleTrends #cryptocurrecny #CryptoNewsLand
Validators Depart Amid Ripple Dev's Proposal for XRP Ledger Foundation, Sparking Controversy
A Ripple developer has put out a proposal within the XRP Ledger (XRPL) ecosystem for a change in the membership and governance structure of the XRPL Foundation (XRPLF), leading to controversy and validator departures.
Read more on: https://thecryptobasic.com/2024/01/29/validators-depart-as-ripple-dev-proposes-changes-at-xrp-ledger-foundation-sparking-controversy/
#RippleTrends #XRPLUpgrade #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/01/29/validators-depart-as-ripple-dev-proposes-changes-at-xrp-ledger-foundation-sparking-controversy/
#RippleTrends #XRPLUpgrade #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
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Ripple CEO rules out IPO due to 'hostile' SEC
Ripple considered going public outside the US due to the SEC's "hostile" attitude, but shelved those plans. The CEO of the fintech company, Brad Garlinghouse, said this in Davos.
“Trying to go public with a 'hostile' regulator who has to approve your S-1 doesn't sound like much fun to me. Coinbase approved the form, after which the SEC sued them for actions that were reflected in their reporting,” Garlinghouse explained.
According to the top manager, an IPO is not a priority at the moment.
“We looked at other jurisdictions with clear 'rules of the road'. […]. Ripple doesn't need to raise capital. […] We leave this option open and will evaluate it again after the SEC changes,” explained the company’s CEO.
Garlinghouse called current Commission Chairman Gary Gensler a "political liability" and described the agency's future leadership renewal as "a good scenario for the American people."
#Ripple #Ripple-XRP #RippleVsSEC #RippleTrends #XRP/USDT
$XRP
Ripple considered going public outside the US due to the SEC's "hostile" attitude, but shelved those plans. The CEO of the fintech company, Brad Garlinghouse, said this in Davos.
“Trying to go public with a 'hostile' regulator who has to approve your S-1 doesn't sound like much fun to me. Coinbase approved the form, after which the SEC sued them for actions that were reflected in their reporting,” Garlinghouse explained.
According to the top manager, an IPO is not a priority at the moment.
“We looked at other jurisdictions with clear 'rules of the road'. […]. Ripple doesn't need to raise capital. […] We leave this option open and will evaluate it again after the SEC changes,” explained the company’s CEO.
Garlinghouse called current Commission Chairman Gary Gensler a "political liability" and described the agency's future leadership renewal as "a good scenario for the American people."
#Ripple #Ripple-XRP #RippleVsSEC #RippleTrends #XRP/USDT
$XRP
