Ripple’s CEO Brad Garlinghouse: RippleNet’s October transactions dwarfed all of 2018

RippleNet transactions continue to hit new highs in 2019.
Ripple’s On-Demand Liquidity product continues to gain traction among its customers.

John Isige FXStreet

Ripple is hosting its annual Swell Conference that seeks to bring together “the world’s most trusted voices across financial services, payments, technology and policy to share the reality of what’s unfolding in global payments today.”

Brad Garlinghouse kicked off the conference with positive remarks regarding the networks.

“RippleNet did more in transactions in October, than in all of 2018.”

The firm’s decision to integrate two of its products, xRapid and xCurrent into one, On-Demand Liquidity is also showing positive results. Already 12 out of 300 customers have shifted attention to the new On-Demand Liquidity product. The service is working concurrently in regions like the Philippines, Mexico and Brazil.

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

Bitcoin eyes 50-day EMA breakout, Ethereum consolidates, XRP steadies

Bitcoin, Ethereum, and Ripple trade near key technical levels on Friday as the broader cryptocurrency market pauses following last week's recovery. BTC is approaching the 50-day Exponential Moving Average while ETH continues to consolidate between two major EMAs.

Uniswap lead gains, Cardano and NEAR risk rejection at EMAs resistance

Top altcoins Uniswap, Cardano and Near Protocol all saw gains on Thursday after a slight recovery across the crypto market. UNI rallied over 10% on Thursday, reaching a six-month high after unveiling Launches, a new feature in its Web App that aggregates tokens across launchpads that leverages the decentralized exchange as their trading infrastructure.

Aave to sunset Sonic, Aptos, zkSync, Scroll reserves, affecting $98 million in supply

Aave is planning to sunset 75 low-activity reserves across its decentralized finance protocol as part of a broader effort to reduce operational, technical and economic risks across its network of deployments.

Strategy, Coinbase post weak Q2 earnings amid prediction market growth for the exchange

Strategy reported an $8.33 billion operating loss in the second quarter of 2026, according to its earnings report released Thursday. The losses were largely driven by an $8.32 billion unrealized loss on its Bitcoin holdings as the top crypto's price declined during the period. The company also reported an $8.22 billion net loss for the quarter, or $24.45 per diluted share.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.