Posts

Showing posts with the label finance

XRP adds $6 billion as Ripple confirms US banking license application

Image
XRP added over $6 billion to its market capitalization following major regulatory news from Ripple.  The XRP token climbed from $2.17 to $2.28, lifting its total market worth from $128.94 billion to $135.40 billion, according to data retrieved by Finbold from CoinMarketCap data.  XRP 1-day market cap. Source: CoinMarketCap Daily trading volume also spiked to $4.17 billion, marking a 43.84% increase. XRP rally sparked by Ripple’s latest announcement  The rally was sparked by an announcement from Ripple CEO Brad Garlinghouse, who confirmed the company has formally applied for a national banking license from the U.S. Office of the Comptroller of the Currency (OCC).  Ripple has also submitted an application for a Master Account with the Federal Reserve, a move that, if approved, would grant the company direct access to the U.S. banking system. The strategic pivot positions Ripple to operate not just as a crypto payments company, but as a fully regulate...

How to set and achieve your financial goals

Set achievable financial objectives and use effective strategies to track progress and achieve success. Before setting a financial goal, it’s important to have a clear understanding of your current financial situation, including income, debt, expenses and assets. Once you have a clear understanding of your current financial situation, you can start setting financial goals that align with your values and priorities. Here are six steps to set and achieve your financial goals . Define your financial goals Set both short- and long-term financial goals as your first step. Your objectives should be specific, measurable, achievable, relevant and time-bound (SMART). One’s short-term objectives might be, for instance, saving $500 for an emergency fund or paying off $1,000 in credit card debt within the next six months, while their long-term objectives might be setting aside $10,000 for a down payment on a home or investing $100,000 for retirement within the following 10 years. In crypto it’s...