Ripple Acquires Hidden Road
This is a news story, published by CoinGape, that relates primarily to Bitcoin news.
Bitcoin news
For more Bitcoin news, you can click here:
more Bitcoin newscrypto trading & speculation news
For more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsCoinGape news
For more news from CoinGape, you can click here:
more news from CoinGapeAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
XRP investors. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest higher XRP liquidity needs news, XRP Ledger news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
XRP PriceCoinGape
•Business
Business & Economics
Ripple's Hidden Road Deal: Can $11T in Daily Volume Push XRP to $20?

72% Informative
Ripple's recently acquired Hidden Road , a prime brokerage firm, is now part of the Fixed Income Clearing Corporation (FICC) Hidden Road will use Ripple ’s infrastructure, like the XRP Ledger, or even the token, for settlements.
XRP trades today around $2.45 with a 58 billion in circulating supply and a 24-hour volume of $3.6 billion .
A “Ripple + $ 11 T” narrative could easily trigger a 2021 -like rally in the short term.
However, the real price driver would be the network effects as a result of using XRP and the XRP Ledger.
In 2021 , Bitcoin ’s institutional adoption due to ETF approval pushed it to $ 69 K and it currently trades around $112K.
VR Score
63
Informative language
55
Neutral language
53
Article tone
formal
Language
English
Language complexity
35
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links