· The price of XRP is 92% lower than this year. The overall market value of cryptocurrency is 600 billion US dollars.
The data shows that as of Thursday, the entire cryptocurrency market has lost about $600 billion in market value compared to this year’s high. Bitcoin price, the world’s largest cryptocurrency, performed relatively well compared to other cryptocurrencies and fell about 60% this year. ETH price, the world’s second-largest cryptocurrency, plunged 85% this year and fell 25% this week alone. In contrast, the XRP decline is more prominent and has fallen by nearly 92% so far this year. This means that if you enter the peak of the cryptocurrency market this year and invest $1,000 in XRP, you will lose most of the $920.
· Ripple CEO reiterates that Ripple is independent of XRP
According to the latest ripple coin news, Ripple CEO Brad Garlinghouse recently insisted that XRP and Ripple are independent at Techcrunch’s San Francisco Disrupt conference. He said Ripple has a lot of shareholders, including Google Ventures and several banks that have invested in Ripple. But when people buy XRP, this does not give the holder any rights to Ripple’s profits or ownership.
· Ripple General Counsel Leave
According to Coindesk, a spokesperson for Ripple said Friday that Ripple blockchain general counsel Brynly Llyr has withdrawn from the company. Llyr joined the company in 2016 as its top legal officer. Although there is currently no reason for her departure, a Ripple spokesperson said her departure was a “common decision” between her and the company.
· Ripple CTO declined to comment on financial institutions’ choice of IBM’s Blockchain World Wire
According to the Twitter of Ripple CTO David Schwartz, he said that “because Lumens XML is more fragmented than Ripple’s XRP, making it more attractive, which may trigger financial institutions to choose IBM’s Blockchain World-Wire.”
The data shows that as of Thursday, the entire cryptocurrency market has lost about $600 billion in market value compared to this year’s high. Bitcoin price, the world’s largest cryptocurrency, performed relatively well compared to other cryptocurrencies and fell about 60% this year. ETH price, the world’s second-largest cryptocurrency, plunged 85% this year and fell 25% this week alone. In contrast, the XRP decline is more prominent and has fallen by nearly 92% so far this year. This means that if you enter the peak of the cryptocurrency market this year and invest $1,000 in XRP, you will lose most of the $920.
· Ripple CEO reiterates that Ripple is independent of XRP
According to the latest ripple coin news, Ripple CEO Brad Garlinghouse recently insisted that XRP and Ripple are independent at Techcrunch’s San Francisco Disrupt conference. He said Ripple has a lot of shareholders, including Google Ventures and several banks that have invested in Ripple. But when people buy XRP, this does not give the holder any rights to Ripple’s profits or ownership.
· Ripple General Counsel Leave
According to Coindesk, a spokesperson for Ripple said Friday that Ripple blockchain general counsel Brynly Llyr has withdrawn from the company. Llyr joined the company in 2016 as its top legal officer. Although there is currently no reason for her departure, a Ripple spokesperson said her departure was a “common decision” between her and the company.
· Ripple CTO declined to comment on financial institutions’ choice of IBM’s Blockchain World Wire
According to the Twitter of Ripple CTO David Schwartz, he said that “because Lumens XML is more fragmented than Ripple’s XRP, making it more attractive, which may trigger financial institutions to choose IBM’s Blockchain World-Wire.”
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