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news about ripple pepe unchain Bnb Eth XRP Bitcoin crypto futures coinbase futures

Why is ripple being sued?

The announcement comes at a time when the company is still embroiled in a lawsuit filed by the U.S. Security and Exchange Commission. Why is Ripple being sued? Ripple and executives sued for violating securities laws.

How much is ripple worth right now?

Towards the end of 2019, Ripple (XRP) was ranked the third-largest cryptocurrency by market cap of USD13.37 billion. The first and second-largest are Bitcoin (BTC) at USD20 billion and Ethereum (ETH) at USD 24.18 billion.

Why ripple will fail?

Unless Ripple can facilitate organic demand for XRP, prices will continue to struggle. The possible advent of XRPL smart-contracts and its MoneyGram acquisition may drive some attention to the blockchain, but it will take Ripple a lot more than that to drive sustainable demand for its token.

What is ripple and how does it work?

Ripple is not primarily a cryptocurrency. Rather, it is a digital payment network and protocol based on a decentralised peer-to-peer platform. This is what sets it apart from other cryptocurrencies. Instead of using the conventional method of blockchain mining, the Ripple network uses a unique distributed consensus mechanism.

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