#Ripple SWIFT not joining hands with RippleNet Published 3 months ago on November 8, 2018 By Janet F. Sanchez Share Tweet The Speculation that went through in the previous days that RippleNet and SWIFT were joining hands to integrate Ripple’s products such as XRapid which was the prime reason for Ripple XRP to cross Ethereum in terms of market capitalization was actually fake news and just rumors. SWIFT denies its partnership with RippleNet According to Finance Magnates, the SWIFT payments network denied that the upcoming upgrades in the system have anything related to RippleNet. “I’m not sure where those rumors are coming from but the upcoming standards release … is entirely unrelated to RippleNet.” Had the hypothesis been valid, such an association could conceivably have seen SWIFT significantly advantage from the RippleNet, particularly concerning the transactional speed. While RippleNet claims it can course “payments effectively and use instant settlement for transactions within seconds,” SWIFT says that even with the update, just half of the Quick GPI payment is credited in under 30 minutes. Related Topics:BlockchainFake NewsRippleRipple Fake Newsripple swiftRipple SWIFT Partnershipripple xrapidRippleNetswiftSWIFT Payments Up Next Bitcoin Cash Price Analysis: BCH Price Falls Don't Miss France Amends its 2019 Budget Bill to Reduce Tax On Cryptocurrencies Continue Reading You may like Satoshi Nakamoto’s Dream: The History of Bitcoin: Part 1 Bitcoin Maximalists: Leading towards a hazardous path. Why Ethereum has no future Kevin Connolly’s Cryptos TV show: The Good and the Bad Wyoming: The Bitcoin Capital of USA Bitcoin Still Stays Strong: Gamblers Prove 2 Comments 2 Comments Pingback: SWIFT not joining hands with RippleNet - Satoshiuncle Pingback: SWIFT not joining hands with RippleNet – The Coinage Times Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Ripple SWIFT vs RIPPLE: Rivals not Partners Published 2 weeks ago on January 6, 2019 By Nadja Eriksson Ripple enthusiasts around the world have been debating on the possibility of Ripple and Swift partnering with each other. Earlier, we had analyzed how they are surely going to partner with each other considering the different perspective. Recently, however, it seems that the following possibility could eventually turn false as both of these companies are working hard, not for a partnership but to rather compete with each other. Swift clearly says ‘No’ for a partnership with Ripple According to an article published on the Finance Magnates, a spokesman of Swift clearly denied any future partnership with Ripple by stating that he does not know where the rumors are coming from and that the upcoming new releases or software updates in the Swift network is not related to RippleNet at any cost. The upcoming standards will ensure the use of tracking reference (UETR) in all payments or transactions allowing backs to track their GPI payments in real-time. Ripple denies too: Ripple’s chief market strategist, Cory Johnson clarified that the aim of Ripple is to offer a product to directly compete with Swift and eventually replace it. This was revealed by Steven Diep in a tweet on January 3rd this year about his interview video with Cory Johnson stating that Ripple is meant to replace Swift and that the customers of Ripple are using both Ripple as well as Swift at the moment. – Ripple is meant to replace SWIFT – XRP is meant to be a digital way to move value – All of Ripple’s customers are using both Ripple and SWIFT Cory Johnson, Ripple Nov18 pic.twitter.com/egqDlbvCyX — Steven Diep (@DiepSanh) January 3, 2019 Do you think Ripple can replace Swift in the near future keeping in mind the massive amount of customers that Swift already has? Tell us your thoughts in the comments section below. Continue Reading #Ripple XRP Updates: What Ripple really needs to do right now? Published 4 weeks ago on December 28, 2018 By Nadja Eriksson The National Bank of Kuwait has opened up direct remittances with Jordan using XCurrent but not XRapid. Ripple has many major banking partners with some of the biggest and powerful banks in the world. A lot of these huge banking institutions like XCurrent but no one is really using XRapid yet. What Ripple needs to do is to get people to really use the XRP token. It is very important for the future of the XRP ledger. It’s nice that the banks are using Ripple’s software XCurrent, but for the benefit of the XRP holders, XRapid is the innovation that is needed to be adopted. Regulations: A big thing holding back wider use of XRP is of course regulations. Regulations in so many countries are holding back basically what could be a tidal wave for XRP. So as they continue to work through these different regulations in multiple jurisdictions all around the world, we will see more and more of these banking partners actually hopping onboard and using the XRP token but it might take some time before that can actually happen. Although not at a large scale still there are some use cases of XRapid currently in areas such as Philippines and Mexico. Ripple has also been working on getting a lot of exchange partners for XRapid such as Bittrex, Bitstamp, Coins.ph and Bitso which are all working to help bring XRapid to life. For XRP to get to the next level it has to get used by the banks but the banks out of regulatory fears or conservativeness, they are using XCurrent and not XRapid or the XRP token yet. XRP as a base currency on Binance Binance has added different pairs with XRP as the base currency. Currently, it is paired with only TRON and Zcoin at this time. As time moves forward, we are surely going to see other pairs such as XRP to Litecoin or XRP to Cardano. Although the news does not seem exciting it is really important that XRP does get added in terms of creating value for XRP because the more trading pairs we have, the more volume we are going to have and more people are going to be exposed to it. Large Accounts moving XRP We have seen some very big accounts pushing a lot of XRP around in the tunes of 90 million XRP or 70 million XRP which are not owned by the company but large whales who are moving it around and probably some of these would be looking to move it to exchanges to dump it into the markets. Uphold’s XRP holdings Uphold has announced that their largest holding ahead of bitcoin is XRP which shows that there are a lot of XRP enthusiasts who are using uphold. This may be a continuing trend for a lot of different exchanges as XRP is one of the most popular cryptocurrencies. Nasdaq and XRP: When the Nasdaq cryptocurrency exchange gets launched it seems that XRP would be one of the tokens listed there. This could be a very big catalyst for the price of XRP. What we really need for XRP more than just price catalysts and more ways to speculate on the price is actual adoption and use. Continue Reading #Ripple Ripple Whale Alert: 20 million XRP transferred to Bitfinex. For selling? Published 1 month ago on December 20, 2018 By Janet F. Sanchez After being bearish from more than a month, the cryptocurrency market has started to recover from the last three days with major cryptocurrencies such as bitcoin rising more than 25% in the last three days. All top 10 altcoins are green colored today with bitcoin cash rising more than 57% in the last 24 hours except for XRP which is still in a 1% loss since yesterday. Ripple is trading around $0.367 according to CoinGecko Chart. Around three hours back 20 million Ripple were transferred to Bitfinex exchange which may be for selling in order to invest in some other digital asset which is in a bullish phase. Here are the details of the transaction: Around $7.5 million worth of Ripple (20,000,000 XRP) transferred from unknown wallet to Bitfinex: https://bithomp.com/explorer/BE596BF80F52E38786D2092F29358927042C42EF10DE208CC42C585BB5B5A531 The following article is not financial advice. The readers are advised to do thorough research and analysis before making any investment decisions in the cryptocurrency market which is extremely volatile. 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