According to Investopedia, Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. The coin for the cryptocurrency is pre-mined and labeled XRP. Ripple is more known for its digital payment protocol than its cryptocurrency, XRP. And it operates on an open source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, whether USD, Yen, litecoin, or bitcoin.

What do you think of Ripple, guys? Is it the above-mentioned qualities of Ripple that makes it popular? Let's discuss.

A UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18.8% of the sale proceeds.

"Surrey Police has now become the first UK force to successfully seize bitcoin, convert it into sterling and be granted permission by a court to keep the cash for government and police coffers."

Using “powers under the Proceeds of Crime Act,” Surrey Police seized Teresko’s coins, the CPS revealed.

Citing BTC’s “extreme volatility and the risk of it being moved on or stolen,” the cops applied to the court to seize the coins and convert them into sterling, Surrey Live described. They convinced the judge that “bitcoin was a real thing that could be seized,” the news outlet wrote.

The CPS explained that it “applied to have the restrained bitcoins converted into pounds. The 295 bitcoins were then sold by Surrey Police through an approved bitcoin exchange.”

According to the Financial Times, the police “set up its own bitcoin wallet and then used an offshore exchange to transfer and convert” the seized BTC. The proceeds were then “transferred to a police bank account,” the publication added:

"Surrey Police gets to keep 18.8 percent of the proceeds of Teresko’s crimes — about £273,000 — which the force can use to top up its operating budget."

Do you think what the Government (the Police) did here is proper?  One commenter says, "Government can make illegal cash to legal but we can't do any illegal business. Just the rules... If the government does, its fair and justice, if any other does the same, they are criminals."

You may want to read the full story here, https://news.bitcoin.com/uk-police-seized-btc/

CEO of Elpis Investments – Anatoly Castella, for Express.co.uk has warned investors to miss out on XRP as it is not a digital currency and should not be labeled as a real crypto – according to the CEO.

During the last bull-run, with BTC/USD making it about the $7,500 important mark, XRP followed as most altcoins and reversed to $0.50. But, if Mr. Castella’s predictions turn true, things could look very bleak for the speedy token.

Last week, rival bitcoin recruited another billionaire believer from the world of mainstream finance after it was revealed that investor Steven Cohen has placed money into a hedge fund focusing on cryptocurrencies and blockchain-based companies.

More here, https://ethereumworldnews.com/ripples-xrp-investing-thought-analysts-advises/

Ken Griffin, a billionaire hedge fund manager at Citadel, has said that not a single portfolio manager he knows is interested in the crypto market. Essentially, Griffin has emphasized Citadel, one of the world’s largest alternative asset managers, will not operate as a liquidity provider for bitcoin because he personally does not believe in the dominant cryptocurrency. While Griffin was unspecific regarding which qualities of bitcoin and cryptocurrencies, in general, he does not approve of, it is most likely its decentralized nature and the lack of backing from centralized institutions.

You may want to read the full news report here on CNN, and if you have something to say or comment, please share it below. Thank you.

At the hour and twenty-four-minute mark, slightly more than halfway in their time together, famed bitcoin (BTC) skeptic Peter Schiff brought the conversation back to his favorite foil: cryptocurrencies are bunk. It was Mr. Schiff’s third appearance on The Joe Rogan Experience podcast, and he took the opportunity to blast the world’s most popular decentralized money, insist a recent debate between him and the CEO of Shapeshift on the subject was rigged, and how he believes BTC’s price will crash further to $1,000 and lower.

You may want to read the full story here, https://news.bitcoin.com/bitcoin-skeptic-peter-schiff-to-joe-rogan-btc-will-plummet-voorhees-debate-rigged/

Ripple is a company that uses blockchain technology for global payments, and currently, Ripple's XRP is the world’s third-most-valuable crypto asset and is more volatile than just about everything. Now, the question is, Is Ripple XRP a good investment?

With increasingly positive voices coming out in favor of Bitcoin, it remains to be seen whether it will actually repeat what it did last year... from $900 to $20,000 - Bitcoin's historic December 17, 2017, price run. What about you, guys, do you think Bitcoin will increase in value significantly until the end of this year? Or will it remain around the levels we have these days? As of this writing, the price of Bitcoin is $6,772.32. 

Sa pinakabagong tuntunin laban sa kompanya, isang pribadong namumuhunan ang nagsabi na ang Ripple ay nakumpiska ang XRP token sa teknolohiya ng Ripple transaksyon, na ginagawa silang nagkasala ng parehong pagmamanipula sa presyo at mga securities trading na ilegal. Naihain sa estado ng California, sinasabing ang nagsasakdal na si David Oconer na ang XRP ay may "lahat ng tradisyonal na mga katangian ng isang seguridad", nang hindi nakarehistro bilang tulad.

Ito ang ikatlong kaso upang makahanap ng kasalanan sa sentralisadong modelo ng pamamahagi ng Ripple, na nakikita ang kompanya na mahalagang lumikha ng mga bilyun-bilyong XRP na mga token mula sa wala, na ibebenta sa publiko sa kung ano ang claim ng nag-claim ay ang maling premise na ang kanilang halaga ay may kaugnayan sa ang mga pagsisikap ng Ripple Labs, ang software company.

Ang modelo ng pagpopondo na ito ay nakapagtala ng senior staff ng Ripple sa kasaganaan, at ginawa ang kompanya na isa sa pinakamahalagang mga startup sa kasaysayan. Ang mumunting alon ay hindi pa nakapagbigay ng puna sa kaso, ngunit sinabi Mayo na patuloy na "paniwalaan na ang XRP ay hindi dapat maituring na seguridad."

Ang kabuuan ng balita sa wilang Inglis ay maaari ninyong mabasa dito... https://bravenewcoin.com/news/xrp-is-not-a-security-asserts-ripple-as-it-faces-third-lawsuit/