When it comes to new altcoins and deciding which initial coin offerings to invest, it’s quite difficult to know. One recent expert in the space, Ryan Van Wagenen of Global Private Equity, expanded on how he thinks about the process. It is a little bit like roulette, where you need to spread your investments out amongst a number of different options and hope for one to hit. One recent success has been with the relatively new crypto currency Ripple.
History and Future of Ripple
Ripple acts as both a digital payment network for certain financial transactions and cryptocurrency. However, it is more popular for its digital payment protocol than, XRP, its cryptocurrency. It runs on an open source & peer-to-peer (P2P) decentralized platform, which allows for a flawless and fluid transfer of money in various forms, whether bitcoin, litecoin, Yen or US dollars. In essence, Ripple is a virtual currency that helps confirm transactions in between parties without the intervention of third party.
Ripple Financial Transactions
Ripple allows financial transactions of various currencies in the most convenient and easiest ways. Whether it is fiat to fiat, crypto to crypto or even the mix of both, it helps transfer the amount of money promptly. Its distributed financial technology enables banks to send payments easily and globally on different networks. It minimizes staff cost through efficient mechanism made for making successful international payments. It allows different parties to make transactions globally for free.
Ripple’s Rich History and Marvelous Future
This cryptocurrency was co-founded by Chris Larsen (CEO) ad Jed McCaleb (CTO) of OpenCoin and released in 2012. Jed McCaleb currently manages most of the world’s bitcoin trades and has an extensive experience in virtual currency. He sold bitcoin exchange in 2011 and founded OpenCoin, holding a post of the company’s Chief Technical Officer. Now, the growing network of Ripple includes twelve out of fifty banks globally.
Although it was not released until 2012, this cryptocurrency has actually been around longer than Bitcoin. The company’s original version was created in 2004. It did not achieve much success until it put an expert management team in place.
The cryptocurrency of Ripple has been adopted by many financial institutions, including banks. Such companies believe that its system provides better prices than others and is even more secure than some virtual currencies, like Bitcoin. The company holds a massive store of XRP and is cash-flow positive.
Despite these appealing reasons, what makes Ripple’s XRP more attractive to banks is actually its liquidity. Banks’ liquidity needs these days are managed with 10 trillion of float sitting in such nostro and vostro accounts. They can use digital assets in order to fund liquidity and the company is positioned to capitalize on that. In Bitcoin, it takes 4 hours just to settle a transaction, whereas it only takes 3.6 seconds in XRP.
The rise of Ripple can be attributed to the increased popularity of cryptocurrencies. Investors who think that the industry may be reaching a peak are searching for others that could offer a greater return.
As of October 2017, Ripple had already licensed its unique blockchain technology to more than 100 banks. Year to day, the XRP of Ripple has seen its value jump over 7000 percent and its market capitalization increase by almost 7700 percent.
The recent achievement of Ripple makes it a more serious competitor in the crypto market. It moved past litecoin when it comes to market value and it can continue to rise in popularity and value. In addition, the market cap of Ripple stands at forty-one billion dollars, which is a record high.
The success of Ripple is a success for every cryptocurrency, as well as the future of the market. At first, even massive contenders like Bitcoin were dismissed. Now, many who were skeptically in the beginning of bitcoin such as Kenneth Rogoff are tending to eat their words and seeing great value in the crypto market. They are also starting to recognize the real potential that cryptocurrency has not just to make money for traders and investors, but also to revolutionize financial transactions. Hence, it is safe to say that there is a bright future that awaits Ripple and the crypto market.
Ryan Van Wagenen has been with Global Private Equity since 2009 and covering technology for nearly the same amount of time. In recent years as the firm placed big bets on products tied to the blockchain, Ryan Van Wagenen began focusing his efforts on bitcoin and other cryptocurrency.
Ryan Van Wagenen Cryptocurrency: Bitcoin 101
More information on Ryan Van Wagenen: https://about.me/ryan.vanwagenen
![gain Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March? By Harshika Yadav Published: Saturday, March 28, 2026, 6:55 [IST] preference Add as a preferred source on Google Gold rates in India witnessed a modest recovery on March 27, 2026, after a sharp fall in the previous session, indicating a cautious stabilisation in the bullion market. The yellow metal had dropped by Rs 212 per gram (or Rs 21,200 per 100 grams) of 24 Karat (24K) earlier, but managed to regain some ground. Gold Price Updates as US-Iran Tensions Ease; Pakistan, Turkiye & Egypt Step Up Mediation Efforts The rise in yellow metal follows easing geopolitical concerns after US President Donald Trump signalled a delay in potential military action against Iran's energy infrastructure by 10 days, pushing the deadline to April 6. This development, along with ongoing diplomatic efforts, has helped support safe-haven demand. gold Rate Today Further adding to market sentiment, Pakistan's Foreign Minister Ishaq Dar confirmed that Islamabad is acting as an intermediary between the United States and Iran, relaying messages as part of efforts to de-escalate tensions. Countries like Türkiye and Egypt are also reportedly supporting the mediation process, offering some relief to global financial markets. Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram 24 Karat Gold Rate Today in India In the 24 Karat segment, at the time of writing, the rate for 1 gram stood at Rs 14,471, rising by Rs 16 from Rs 14,455. For 8 grams, the price increased to Rs 1,15,768, up by Rs 128. The rate for 10 grams climbed to Rs 1,44,710, reflecting a gain of Rs 160, while 100 grams of 24 Karat gold were priced at Rs 14,47,100, marking an increase of Rs 1,600. 22 Karat Gold Rate Today in India The price of one gram of 22K stood at Rs 13,265, gaining Rs 15 from the previous session. For 8 grams, the rate rose to Rs 1,06,120, registering an increase of Rs 120. The cost of 10 grams advanced to Rs 1,32,650, up by Rs 150, while 100 grams were priced at Rs 13,26,500, reflecting a gain of Rs 1,500. 18 Karat Gold Rate Today in India The rate for one gram of 18K stood at Rs 10,853, up by Rs 12. For 8 grams, the price moved up to Rs 86,824, marking a gain of Rs 96. The rate for 10 grams climbed to Rs 1,08,530, increasing by Rs 120, while 100 grams were valued at Rs 10,85,300, reflecting an uptick of Rs 1,200. Latest MCX Gold Price In the domestic futures market, gold on the Multi Commodity Exchange (MCX) held firm above the Rs 1,44,500 level as per latest trading record, supported largely by the weakness in the Indian rupee, which continues to cushion local prices despite global volatility. Latest Spot Gold Rate The rebound in domestic gold rates comes alongside a recovery in international markets, where gold moved above the $4,400 per ounce mark. What Lies Ahead for Gold Prices? Check Gold Rate Prediction Jateen Trivedi, VP - Research Analyst (Commodity and Currency), LKP Securities, said, "Gold remained slightly positive, trading above $4,425 with highs near $4,475, supported by initial optimism around US-Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks." From a technical perspective, he explained, "Technically, support is seen near Rs 1,42,000, while resistance is placed around Rs 1,46,500. Overall, gold is expected to remain volatile with limited upside unless clarity emerges on inflation and geopolitics."](https://keralanews247.com/wp-content/uploads/2026/03/rupee-and-dollar-scaled-120x86.png)
