It’s Friday, which means it’s time to reflect on all that went on this week. What a week it was, too! Especially for Ripple (XRP). The crypto space saw some major Ripple news surface this week, and it’s important to review it. Why? So we’re in the loop when Monday rolls around.
First, however, let’s look at how Ripple (XRP) is doing today.
Ripple (XRP) Daily Chart
Ripple (XRP) is currently selling for $0.670968. This puts XRP down 2.66% in the past twenty-four hours.
This is not the first time Ripple (XRP) has found itself in the red this week.
Ripple (XRP) Price Throughout the Week
Ripple (XRP) has been down for the majority of the week, with the exception of yesterday, and the 14th. It’s unlikely this is because of the Ripple news that surfaced during the week because it’s all been positive and innovative. Chances are it’s because of the ongoing crypto market decline.
On Monday, the first bit of Ripple news surfaced, causing the coin to move into the green. The altcoin was up 3.11% at one point during the day.
On Tuesday, and Wednesday, Ripple (XRP) was in the red. As for yesterday, Ripple found its way back to the green, up 1.41% at one point during the day.
Trending Ripple News | May 14 – May 18
Mentioned briefly, there’s been quite a bit of Ripple news surface this week. Some of it was disclosed at Consensus 2018 and NYC Blockchain Week.
To start the week off, we had some Ripple news that took the market by storm. On Monday, Ripple disclosed its new project, called Xpring.
Excited to announce Xpring, a new initiative that supports businesses growing on the XRP Ledger, and initial investments in @SB_Projects, @blockchaincap, @Coil_ and @omni. Together, we will grow the #InternetofValue! https://t.co/Vx7cBrnz3D
— Ripple (@Ripple) May 14, 2018
On Tuesday, Ripple hosted its XRP Community Night at Consensus 2018. It was an invite-only event, intended to further the Ripple community. Snoop Dogg was the event’s headliner.
The one and only @SnoopDogg performing live at #XRPCommunity Night! pic.twitter.com/lWHhU6s1V6
— Ripple (@Ripple) May 16, 2018
Wednesday saw some Ripple news. On May 16, word surfaced that a stock exchange in Germany will be launching crypto trading. It announced it will be offering Ripple (XRP), as well as Bitcoin (BTC) and Ethereum (ETH).
Germany’s Second Biggest Stock Exchange Launches Crypto Trading of Bitcoin, Ethereum, Litecoin and Ripplehttps://t.co/rr0HKLqiiB #BTC #ETH #LTC #XRP #Ripple
— Bank XRP (@BankXRP) May 16, 2018
There was no new Ripple news on Thursday. However, there was a tweet that was posted late Wednesday that didn’t really reach the masses until Thursday morning. The tweet showed one of the first looks at the NYC Ripple office.
I was able to peek at the new @Ripple office in NYC. It looks very similar to the SF office they just moved from. It’s exciting to see how quickly they’re expanding! $XRP #xrpthestandard pic.twitter.com/XM8ZFR3zuu
— Tiffany Hayden (@haydentiff) May 17, 2018
As of right now, there is no new Ripple news.
The Ripple News Takeaway
Did a certain piece of Ripple news stand out to you this week? For me, I was impressed with the Xpring initiative.
Check back in next week for more news regarding Ripple!
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Ripple News: German Stock Exchange Adds XRP; First Look at NYC Ripple Office
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