XRP price bull flag hints at 20% rally by New Year’s

XRP (XRP) price may rally over 20% in the coming weeks thanks to a classic bullish continuation setup.XRP price enters bull flag breakout stageThe so-called bull flag pattern develops when the price consolidates inside a parallel channel after a strong uptrend. It resolves after the ...

Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’

As Gary Gensler reiterates the United States Securities and Exchange Commission’s (SEC) mandate through a speech, Ripple’s lawyer and various crypto community members responded, criticizing the SEC chair and arguing that the commissioner’s words contradict his actions.  ...

Ripple exec reiterates need for tech-neutral crypto regulations

A Ripple executive has re-emphasized the need to adopt a technology-neutral approach for more effective and adaptable guardrails as global regulators grapple with cryptocurrency rules.At the recent Ripple Swell 2023 event, Navin Gupta, managing director of South Asia, Middle East and North ...

Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’

While many participants in the crypto space continue to advocate for only a single blockchain, some believe that the future will be made up of multiple blockchains working with each other. From Toronto in 2017 to now, weâS ...

Ripple faces slim odds of $770M disgorgement – XRP holder Attorney

Attorney John Deaton, representing XRP holders, has made a persuasive case in the Ripple vs. SEC legal saga, suggesting that the anticipated $770 million disgorgement for Ripple is improbable. He grounds his prediction on various influential factors that could sway the court’s judgment. ...

HSBC taps Ripple’s Metaco to launch security token custody

HSBC has partnered with Ripple-owned tech firm, Metaco, to integrate its institutional platform Harmonize with HSBC’s new custody service for digital assets, the firm announced on Nov. 8.The bank expects to roll out the new digital asset custody service in 2024, complementing its digital a ...

Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf

Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payments provider Onafriq.Onafriq will use Ripple Payments' blockchain technology along with with three partnering ...

Crypto lawyer says $20M settlement is 99.9% win for Ripple

Prominent cryptocurrency attorney John E. Deaton has offered insights into the Ripple Labs XRP lawsuit against the Securities and Exchange Commission (SEC). He contends that a settlement valued at $20 million or less would constitute a significant legal triumph for the company.In a recent ...

Ripple to power Georgia’s central bank digital currency, the digital Lari

The National Bank of Georgia (NBG) has selected Ripple Labs Inc., a leading blockchain payments platform, as the official technology partner for developing Digital Lari, their central bank digital currency (CBDC) project.Ripple said in a  statement that the partnership will ...

Ripple’s legal chief questions SEC case losses under Gensler

Ripple’s chief legal officer, Stuart Alderoty, has expressed reservations about the recent string of legal defeats suffered by the U.S. Securities and Exchange Commission (SEC) during Gary Gensler’s tenure. These remarks follow another setback for the SEC in the Fifth Circuit court af ...

Jed McCaleb-backed nonprofit will provide easier access to AI computing capacity

Ripple co-founder Jed McCaleb’s nonprofit Navigation Fund is helping to tackle the AI chip shortage by offering leasable capacity large machine learning models. A new cloud was officially launched on Oct. 29 that will be accessible on an hourly, monthly or long-term basis.An organization c ...

Ripple’s CEO criticizes former SEC Chair Jay Clayton’s comments

Ripple’s chief executive officer(CEO), Brad Garlinghouse, strongly criticized former Securities Exchange Commission(SEC) Chairman Jay Clayton’s remarks regarding the SEC’s regulatory approach. Beginning in the first quarter of 2023, the SEC has initiated various regulatory actio ...

Ripple CLO and XRP community back SEC commissioner’s LBRY lawsuit dissent

Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple Labs, and the XRP community have expressed their support on the X app (formerly Twitter) for Securities Exchange Commission(SEC) Commissioner Hester Peirce’s stance against the perceived “injustice” in the LBRY lawsuit. ...

Pro-Ripple lawyer predicts prolonged legal battle, hints at settlement factors

Pro-Ripple lawyer John Deaton has said he expects a lengthy legal process for the Securities Exchange Commission (SEC) v Ripple case, possibly lasting a year. Deaton suggests that a settlement may only be considered if Coinbase's motion to dismiss (MTD) the SEC's case against it is successful.&nb ...

Recovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard drive

A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he has been unable to access for years.In an Oct. 25 open letter, crypto recovery firm Unciphered offered to unlock an IronKey hard drive belonging t ...

Community reacts to SEC dropping XRP case and LBRY shutdown

Ripple’s new win in the legal battle against the United States securities regulators has been marred for crypto enthusiasts by news of the blockchain platform LBRY shutting down operations, which has triggered the community to react.The U.S. Securities and Exchange Commission (SEC) a ...

Bitcoin eyes $30K, XRP price jumps 6% after Ripple’s legal victory

Bitcoin (BTC) passed $29,500 on Oct. 20 after an eventful 24 hours boosted BTC price trajectory while XRP price jumped above $0.50 in response to Ripple's big legal win. BTC/USD 1-hour chart. Source: TradingViewHawkish Fed's Powell fails to dent BTC priceData from Coi ...

SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen

Lawyers representing the United States Securities and Exchange Commission announced they will seek to dismiss all claims against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.In an Oct. 19 filing in U.S. District Court for the Southern District of New York, the SEC notified the ...

Ripple job posting hints at possible IPO, XRP community says

The fintech company Ripple released a new job posting on Oct. 16 for the role of ‘Shareholder Communications Senior Manager,’ across multiple locations in and outside the United States. The job posting prompted many crypto enthusiasts to label it as an official hint about the company& ...

XRP Drops to One-Month Low Amid Market Bearishness and Geopolitical Tensions

XRP, the cryptocurrency associated with Ripple, has faced a recent decline, hitting a one-month low around $0.48. Several factors are contributing to this drop: General Market Bearishness: XRP's recent decline is part of a broader bearish trend in the cryptocurrency market. Many other c ...

XRP Whale and Shark Addresses Accumulate 1.5 Billion XRP in Past Year

Whale and shark addresses on the XRP Ledger, which hold between 100,000 and 100 million XRP, have accumulated over 1.5 billion XRP since October of the previous year, despite a decline in whale transactions on the network. These addresses, considered significant holders, have been steadily increasin ...

Former SWIFT Employee’s Comment on XRP Integration Sparks Excitement in XRP Community

The XRP community has been buzzing with excitement over a potentially dated statement from a former SWIFT employee hinting at the integration of XRP with the SWIFT network. Key points from the article: Former SWIFT Employee: In a recently unearthed interview, Graham Bright, who worke ...

Prediction: SEC May Withdraw Charges Against Ripple Executives, According to Yasin Mobarak

The article you've shared discusses a prediction made by Yasin Mobarak, the founder of Dizer Capital, that the SEC will withdraw its charges against Ripple executives Chris Larsen (chairman) and Brad Garlinghouse (CEO). This prediction comes in the context of the SEC v. Ripple lawsuit, which is sche ...

Ripple Secures Comprehensive Crypto License in Singapore, Boosting Adoption Prospects

Singapore's Monetary Authority (MAS) has issued Ripple a comprehensive license for providing cryptocurrency services. This license represents the practicality of crypto solutions for both businesses and financial institutions, underlining a significant advancement toward the broader adoption of digi ...

XRP Falls Below Key Support Levels: Analyzing the Situation

XRP, the cryptocurrency associated with Ripple, has recently seen a significant price drop, falling below two important support levels. It is currently trading at $0.5224, below both the 50 EMA (Exponential Moving Average) and close to the 200 EMA. While this might raise concerns, a closer examinati ...

XRP Community Speculates on the Possibility of a $130 Price Target

The XRP community has been speculating about the possibility of XRP reaching $130 in the future. This speculation is based on a past post from Ripple CTO David Schwartz, who commented on an unprecedented surge in Liberty Tripadvisor class B shares in April 2020. The XRP community has interpreted thi ...

XRP Shows Bearish Pattern with Descending Price Channel: What It Means

Rachel Conlan, the Chief Marketing Officer (CMO) of Binance, has praised Istanbul as a crypto hub and emphasized the potential of the Turkish crypto community. In an interview with CoinDesk Türkiye ahead of Binance Blockchain Week in November, Conlan highlighted the significance of Turkey in the glo ...

Deciphering Ripple’s Enigmatic 50 Million XRP Transfer: What Lies Behind?

The world of cryptocurrencies is known for its core principles of decentralization, transparency, and fluidity. Yet, there are moments when a seemingly routine transaction becomes the epicenter of intrigue, giving rise to a whirlwind of speculations. Ripple, a financial technology giant valued at ov ...

JPMorgan Quietly Accumulates XRP, Hinting at a Shift in Crypto Strategy

Recent reports have emerged suggesting that JPMorgan, one of the world's largest banks, holds a significant portion of its assets in XRP, a cryptocurrency developed by Ripple Labs. The leaked report, allegedly from an anonymous insider at JPMorgan, indicates that the bank has quietly accumulated ove ...

Ripple’s Tenacity Against the SEC’s Ongoing Lawsuit

Ripple's Persistence in the Face of SEC's Lawsuit Challenge In a legal battle spanning nearly three years, Ripple finds itself at the center of allegations claiming that the company and its co-founders violated securities regulations by selling approximately $1.3 billion worth of their native cry ...

The Evolution of XRP: Unveiling Ripple’s Journey and XRP’s Impact

Exploring XRP: A Concise History of the Real-Time Gross Settlement System While Ripple faces its fair share of criticism, a dedicated community of XRP enthusiasts firmly believes in its potential to shape the future of decentralized finance and cross-border settlements. In this c ...

XRP Makes a Comeback on MetalX.com After Recent Price Decline

XRP Makes Debut on New Exchange Following Significant Price Plunge XRP, the digital currency affiliated with Ripple, has been introduced on MetalX.com, the rebranded version of the Proton DEX exchange. This development follows a recent substantial decline in XRP's value. However, the listing s ...

Expert Predicts XRP’s Potential Value to Surpass $500, Citing Ripple’s $250 Trillion Cross-Border Projections

Expert Believes XRP's Potential Far Exceeds $500, Citing Ripple's $250 Trillion Cross-Border Projection Financial expert Shannon Thorp has expressed the view that valuing XRP at $500 is conservative, particularly in light of Ripple's projection that cross-border payments could reach $250 trillion ...

SEC Requests Court’s Approval for Ripple Case Appeal, Stirring Debate

In a recent twist of events, the U.S. Securities and Exchange Commission (SEC) has taken steps to request court approval for an appeal in the ongoing Ripple case. This move could potentially lead to a suspension of proceedings until a final decision is reached. The SEC's argument hinges on the broad ...

SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’

The U.S. Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Ripple Labs lawsuit that deemed that XRP was not a security when sold to retail investors. The agency argued that there are “knotty legal problems&rdquo ...

Ripple acquires Fortress Trust, expands license portfolio in the US

Financial technology firm Ripple is expanding its portfolio of regulatory licenses in the United States with the acquisition of Fortress Trust, according to an announcement on Sep. 8. Fortress Trust provides regulatory and technology infrastructure for blockchain organizations. The co ...

Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’

Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust, despite the recent market uncertainty. The Binance boss blamed negative news, rumors, bank runs, lawsuits, the closing ...

Ripple CTO says ‘tide is turning’ on US regulatory environment

A court ruling that cleared Ripple's XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving the likes of Coinbase and Binance.US and pending ETF applicat ...

Palau to freeze USD-backed stablecoin after pilot launch in July

Palau, a country in the western Pacific Ocean, is wrapping up its U.S. dollar stablecoin project after launching the pilot in August.Jay Hunter, Palau Ministry of Finance member and head of digital residency program, took to X (formerly Twitter) to announce that the government will cease t ...

Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto

The United States’ legal system is set to bring the crypto industry “back in the game” after the Biden administration “screwed up” its crypto policy, says Ripple Labs chair and co-founder Chris Larsen.Speaking to Bloomberg on Sep. 7 about his firm’s July ...

SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines

Japanese financial holding company SBI Group has announced that its international remittance services arm SBI Remit has partnered with Ripple and SBI Ripple Asia to offer an XRP (XRP) remittance service to bank accounts in several Southeast Asian countries. In an announcement, the com ...

Ripple legal team opposes SEC appeal over XRP decision

Lawyers representing Ripple in its lawsuit with the United States Securities and Exchange Commission (SEC) have suggested the regulator hasn’t met the requirements to request an appeal.In a Sept. 1 filing with U.S. District Court for the Southern District of New York, Ripple’s legal team s ...

Ripple-SEC Negotiations Await 2024: Implications for XRP Price

It seems that Ripple and the Securities and Exchange Commission (SEC) will only be available for further negotiations in the second quarter of 2024, and thus only after the Bitcoin (BTC) halving. So what could this mean for the XRP price action? Wh ...

XRP Whale Moves 29 Million Tokens to Bitstamp Amid Price Decline

XRP whale moves 29 million tokens to Bitstamp amid price slide As XRP struggles to maintain upward momentum following Judge Torres' summary judgment in the US SEC v. Ripple Labs case that XRP isn't a security, investors appear to be selling off the ...

Ripple CTO Sparks Speculation with Cryptic Tweet About XRP Price

Ripple CTO Intrigues XRP Army With Mind-Twisting Tweet CTO at Ripple Labs and co-creator of XRP Ledger David Schwartz, known for his high level of activity on the X platform, formerly known as Twitter, has again posted a t ...

Mastercard Launches CBDC Partnership Program with Ripple and Consensys

The initiative aims to bring together key industry players to explore innovations in CBDC. A Mastercard spokesperson said CBDC should be as easy to use as other forms of money. Payments company Mastercard will form a central bank digital currency (CBDC) partnersh ...

XRP briefly hits $50 on Gemini as users suspect relisting ‘price glitch’

Crypto users have reported seeing “wonky” prices for Ripple’s XRP (XRP) token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits and trading. Several crypto community members on X (Twitter) on Aug. 11 posted screenshots of what ma ...

SEC to seek appeal and stay in Ripple Labs court case

The United States Securities and Exchange Commission is moving to appeal a July court decision from its lawsuit against Ripple Labs, which had ruled the sale of XRP (XRP) is not a security when sold to retail investors.In an Aug. 9 letter to Judge Analisa Torres — the presiding ...

Federal judge suggests Q2 2024 trial for SEC case against Ripple execs

The judge overseeing the civil case of the United States Securities and Exchange Commission (SEC) against Ripple Labs plans to schedule a jury trial starting in the second quarter of 2024.In an Aug. 9 filing in the U.S. District Court for the Southern District of New York, Judge Analisa To ...

XRP price disappoints after court ruling, Deaton remains optimistic

Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP lawyer John Deaton.Deaton addressed a post from a user named Moon Lambo on X (formerly ...

CDC report underscores importance of Judge’s verdict in Ripple case

The Chamber of Digital Commerce (CDC), an American advocacy organization, on August 1, unveiled a comprehensive "impact and analysis" report on the SEC's lawsuit against Ripple. The report scrutinizes the case's verdict, highlighting its profound implications for the crypto industry's future. ...

Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors

Pro-XRP lawyer, John Deaton, has said that the actions taken by the United States Securities and Exchange Commission (SEC) against the crypto industry are driven by a broader motive to safeguard corporate capitalism rather than prioritizing the protection of investors.Deaton highlighted wh ...

Blockchain could save financial institutions $10B by 2030: Ripple

Blockchain has the potential to save financial institutions approximately $10 billion in cross-border payment costs by the year 2030, according to a recent report.Published by digital payment network Ripple, in collaboration with the US Faster Payments Council (FPC) on July 29, the report ...

Pro-XRP lawyer Jeremy Hogan’s scam tweet bonanza finally falls silent

The recent flood of scam tweets on pro-XRP lawyer Jeremy Hogan’s hacked account has finally dried up after nearly four days.Since July 24, the XRP community has been diligently warning others and tagging Twitter’s support after they noticed Hogan’s account tweeting malici ...

USD-backed stablecoin pilot project launched by Pacific island nation of Palau

The government of Palau is set to begin a pilot project for a United States dollar-backed stablecoin on July 26. The new coin will be issued on XRP Ledger.The country will release the first Palau Stablecoins (PSCs) in the pilot project to government employees. This comes after several days ...

Crypto investors cool on Bitcoin funds, turning to Ether and XRP

Bitcoin-related investment products appear to have lost some of their sheen among crypto investors, recording its first week of outflows since Blackrock filed for spot Bitcoin ETF in June.According to a July 24 report by CoinShares Head of Research James Butterfill, Bitcoin (BTC)  ...

Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO

Coinbase CEO Brian Armstrong has reportedly said United States lawmakers have a renewed focus on regulatory clarity in the crypto space following talks with key officials.According to a July 24 Axios report, Armstrong met with U.S. lawmakers on July 20 ahead of discussions and votes on pie ...

Ripple CEO Brad Garlinghouse: ‘The SEC created this mess’

Ripple CEO Brad Garlinghouse has condemned the United States securities regulator over recent comments from its lawyers that hint at a possible appeal to its case against Ripple.In a July 23 tweet, Garlinghouse slammed the regulator for its "regulation by enforcement" approach, arguing it ...

Ripple applies for crypto license in the United Kingdom

Payment protocol Ripple has recently applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA), a spokesperson for the firm told Cointelegraph. The company is also seeking a payments license in Ireland as part of its massive investment in the re ...

Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits. According to Binance, ...

XRP price searches for a fresh bullish catalyst to trigger a move above $1

XRP's price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling to hold on to these gains. The price surge came after Judge Analisa Torres of the United States District Court for the Southern District of New Y ...

XRP price can fall 40% by September — Fractal analysis

The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market. This follows the euphoria surrounding Ripple's partial win versus the U.S. Securities and Exchange Commission, resulting in bullis ...

US law protects institutions and exposes retail investors — Rep. Torres

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges.Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling mak ...

SEC vs. Ripple: Huge win for crypto

In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Ripple’s partial victory against the Securities and Exchange Commission and its impact on the crypto market. Although people traded based on emotion after headlines popped out, the next day, as i ...

US regulatory clarity has begun in court after Ripple win: CFTC commissioner

Caroline Pham, one of five commissioner of the Commodities Futures Trading Commission, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory.Speaking on Bloomberg TV on July 17, Commissioner Pham said recent big court decisi ...

Cathie Wood bullish on Coinbase after Ripple court ruling

Cathie Wood, the founder and CEO of ARK Investment Management, said she remains bullish over Coinbase in light of Ripple’s partial victory over the Securities and Exchange Commission on July 13. While Wood noted the ruling wasn’t in outright favor of Ripple, she lauded the outcome as ...

Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration

United States Securities and Exchange Commission Chair Gary Gensler has commented publicly about the last week’s ruling on the agency’s suit against Ripple. Gensler gave a talk on artificial intelligence at the National Press Club on July 17 and was asked about the ru ...

Ripple CLO says court ruling could encourage banks to adopt XRP: Report

Stu Alderoty, chief legal officer of Ripple Labs, has reportedly said United States-based banks may turn to XRP for cross-border transactions following a recent court ruling.According to a July 17 CNBC report, Alderoty expressed confidence that U.S. banks and financial institutions could b ...

Ripple case: SEC appeal unlikely as agency gains from ‘current confusion’ — Haun Ventures CEO

A former federal prosecutor turned chief executive of a crypto-focused venture capital fund says she would be “surprised” if the United States securities regulator lodges an immediate appeal against the Ripple case ruling, as it currently benefits from lack of “legal clarity.&rd ...

Ripple decision is ‘troublesome on multiple fronts,’ says former SEC official

Former Securities and Exchange Commission official John Reed Stark spoke out against the recent ruling on Ripple Lab’s case, calling the decision “troublesome on multiple fronts” in a LinkedIn analysis.Stark broke down Judge Analisa Torres' decision from July 13 by e ...

US ‘dominates’ crypto startup funding in Q2: Report

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards U.S. crypto businesses, according to a recent report.Published by crypto investment firm Galaxy Digital on July 14, the report stated that ...

SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse

Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to appeal Judge’s Torres favorable ruling in the case against Ripple. On July 13, Judge Torres ruled partially in favor of Ripp ...

It’s time for the SEC to settle with Coinbase and Ripple

In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time for a settlement conference. After Judge Analisa Torres’ decision in SEC v. Ri ...

Ethereum scaling protocols drive zero-knowledge proof use: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.This week, Finance Redefined looks at the growing popularity of zero-knowledge proof-based scalable sol ...

Why is Cardano price up today?

The price of Cardano (ADA) has soared in the past 24 hours as traders assess the impact of Ripple's legal win on the broader cryptocurrency market."ADA isn't a security"On July 14, ADA price rose 6% to $0.379, its highest level in over a month, only to pare some of those gains ...

‘Altcoin season’ anyone? Bitcoin dominance tumbles after XRP victory

Bitcoin (BTC) dominance has taken a tumble in the wake of Ripple’s partial victory against the United States Securities and Exchange Commission, with a surge in altcoin prices briefly causing BTC dominance to fall under the 50% mark. Bitcoin dominance — the measure of how ...

XRP ruling a ‘watershed moment’ but we’re not out of the woods yet — Lawyers

Ripple Labs’ split-decision victory against the United States securities regulator is being seen as a significant blow to the regulator’s “war on crypto,” however, crypto lawyers warn it isn't a definitive victory for the industry.In a landmark ruling on July 13, Ju ...

XRP becomes 4th largest crypto after Ripple’s partial win over SEC

Ripple (XRP) has now become the fourth largest cryptocurrency by market capitalization after Ripple Labs’ partial victory over the Securities and Exchange Commission (SEC) on July 13. Mere hours after the ruling, XRP market cap surged a whopping $21.2 billion to reach a new ...

Why is XRP price up today?

XRP (XRP) price is up today following news that Federal District Judge Analisa Torres of the Southern District of New York ruled against the United States Securities and Exchange Commission’s contention that XRP is a security. Shortly after the ruling became public, XRP price ro ...

Breaking: Ripple wins case against SEC as judge rules XRP is not a security

Ripple Labs scored a victory in the United States District Court in the Southern District of New York on July 13 as Judge Analisa Torres ruled in favor of the company in a case brought forth by the Securities and Exchange Commission dating back to 2020.According to documents filed on ...

Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities

Ripple may be holding its breath a bit longer after a United States District Judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security.On July 11, New Hampshire District Court Judge Paul Barbadoro made the ruling in the case the United States Securities an ...

Ripple Labs to revolutionize real estate industry through tokenization

Ripple Labs Inc, a company known for blockchain innovation and digital payments, has announced an initiative to transform the real estate industry using tokenization.Antony Welfare, the Central Bank Digital Currency (CBDC) advisor at Ripple, highlighted the growing global interest in CBDCs ...

Ripple gets in-principle nod for digital asset services in Singapore

Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state.Ripple confirmed the approval from the Monetary Authority of Singapore (MAS) in a June 22 stat ...

Ripple case nears conclusion, but the fight for clarity must ‘continue’ – Brad Garlinghouse

Ripple CEO Brad Garlinghouse has warned that as Ripple's legal battle against the United States financial watchdog is coming “to a close,” it is only the beginning of a larger battle for the industry, and the fight for regulatory clarity “has to continue."Following the Hi ...

The Hinman docs: Implications for XRP, SEC credibility and more

The Hinman documents were finally unsealed and made publicly available on June 12 after a lengthy back and forth between Ripple and the United States Securities and Exchange Commission (SEC), but what exactly do they reveal?The documents are extensive, and while they can be found in public ...

Hinman documents in Ripple case raise questions about SEC’s motives

The newly released Hinman documents relevant to the ongoing legal battle between Ripple and the United States Securities and Exchange Commission have shed light on internal divisions within the SEC and raised questions about its motives.The Hinman documents pertain to internal SEC communic ...

Ripple partners with Colombia’s central bank to explore blockchain technology

Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger. The Ministry of Information and Communications Technologies (MinTIC) in Colombia will oversee the project, which will use Ripple’ ...

Ripple verdict could spark a new bull market — Or more malaise

The final quarter of 2020 saw the launch of a precedent-setting lawsuit by the United States Securities and Exchange Commission against Ripple Labs, CEO Bradley Garlinghouse and co-founder Christian A. Larsen. The allegation: raising north of $1 billion in 2013 through the unregistered sale of a ...

Ripple’s Alderoty calls for probe into Bill Hinman and his infamous speech

Ripple’s chief legal officer Stuart Alderoty has called for an investigation into the motivations that led to former SEC official William Hinman delivering his now-infamous speech in 2018.Alderoty’s demand for an investigation came as part of a June 13 Twitter thread following ...

Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer says

On June 13, the long-awaited Hinman documents were finally unsealed and released to the public. The unveiled documents offer valuable insights into a significant speech delivered in 2018 by Bill Hinman, the former director of the United States Securities and Exchange Commission’s (SEC) corp ...

Hinman docs unsealed: SEC concerned over ‘Ether is not a security’ statement

Newly released documents showing edits that were made to a 2018 speech given by former director of the Security and Exchange Commission’s corporate finance division Bill Hinman suggest the editors were concerned his statement might undermine the idea that Ether (ETH) is a security. Th ...

Ripple CEO: Hinman docs are ‘well worth the wait’

With just one day until the Hinman documents are due to be unsealed, Ripple CEO Brad Garlinghouse suggests the documents will be “well worth the wait."In a June 12 Twitter reply to a question raised by crypto YouTuber Jungle Inc, Garlinghouse said that while he did not want to & ...

A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR

Altcoin prices crumbled after the United States Securities and Exchange Commission announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest crypto exchanges, investors seem to be nervous because the SEC labeled 23 cryptocurrencies as ...

Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers

The judges presiding over Coinbase and Binance’s lawsuits will likely watch the results of the SEC v Ripple case closely, crypto lawyers told Cointelegraph.Ripple has been in a legal battle with the United States Securities and Exchange Commission since December 2020, with the regula ...

Ripple case: Pro-XRP lawyer tips outright SEC victory at ‘less than 3%’

Pro-XRP lawyer John Deaton has tipped less than a 3% chance for the United States Securities and Exchange Commission to score an outright win against Ripple, as an end to the long-running lawsuit draws closer.The CryptoLaw founder has been a vocal advocate for Ripple against the SEC, which ...

Blogger Invests $500,000 in XRP, Faces Losses but Remains Optimistic for Recovery

He lost a total of $105,000 on price movements but the blogger does not view his investment as a mistake He says XRP will recover and break its "ceiling" In late February 2022, TikTok user "money_talk_tok" posted a video of himself mortgaging his home ...

Dubai Financial Services Authority Proposes New Rules to Strengthen Crypto Regulation

The Dubai Financial Services Authority (FSA), responsible for overseeing crypto regulation, said it has begun work on new rules to combat fraud, money laundering and terrorist financing. The agency assured that the Dubai FSA's updated principles will meet the regulatory r ...

Ripple CEO Brad Garlinghouse Optimistic About SEC Lawsuit Outcome at Redefine Tomorrow 2023 Summit

This is the point he made during an interview at the Redefine Tomorrow 2023 Summit Ripple had previously won a very important court victory It's about the Hinman document disclosure Ripple CEO Brad Garlinghouse believes that the legal "epic" of the SE ...

Ripple Acquires Stake in Pantera Capital from Bitstamp in Strategic Move

Cryptocurrency payment system platform Ripple acquired a stake in Pantera Capital from cryptocurrency exchange Bitstamp. This was reported by Galaxy Digital, which was involved in the deal. The Galaxy Digital team clarified that it advise ...

Forbes Author Claims SEC’s Legal Battle Against Ripple is a Tough Challenge

Forbes magazine's crypto-asset author suggested that the Securities and Exchange Commission has "bitten off more than it can swallow" in its legal campaign against Ripple. Sam Lyman thinks it's becoming increasingly clear to the bodies of litigation that the new SEC admin ...

Founder of Heisenberg Capital Agrees with SEC Chairman on Crypto-Assets as Securities, Bitcoin Advocate Supports Ruling

Founder of Heisenberg Capital agreed with the SEC chairman that all crypto-assets except bitcoin should be considered securities. Bitcoin advocate Max Keiser sided with Gary Gensler, saying that all altcoins, including XRP and ETH, are securities. The businessman noted t ...

Ripple Launches CBDC Platform for Instant Cross-Border Payments

Ripple announced the launch of a platform for creating and transacting state central bank digital currencies (CBDC). The Ripple CBDC Platform was created specifically for central banks, governments and financial institutions. It runs on a ...

Ripple Launches CBDC and Stablecoin Development Platform, Partnering with Republic of Palau

Central Banks will be able to launch CBDC Ripple is already partnering with the Republic of Palau Crypto firm Ripple announced the launch of its CBDC and Stablecoin development platform. The statement says the site will allow "management and customization of t ...

Ripple Acquires Swiss Crypto Storage Provider Metaco for $250 Million

Ripple acquired Swiss startup Metaco, which provides cryptocurrency storage services. The amount of the deal was $250 million. The purchase was a key part of the company's strategy to expand outside the U.S. in the face of regulatory uncertainty. In addition, the compa ...

Blockchain in Traditional Finance Could Save Industry Participants $120 Billion Annually, Study Finds

According to a study by the Global Financial Markets Association (GFMA), the use of blockchain in the traditional financial industry could save industry participants up to $120 billion a year. The report, which also involved specialists from Boston Consulting Group, asks ...

Court Denies SEC’s Motion to Keep William Hinman’s Speech Drafts Confidential in Ripple Case

The court denied the SEC's motion to keep the drafts of William Hinman's speech on air status confidential. Judge Analisa Torres ruled that materials related to former SEC director of corporate finance William Hinman's June 2018 speech cannot be excluded from public access. ...

Ripple vs. SEC: Legal Battle Over Cryptocurrency Classification

It's about SEC member Hinman's documents He didn't recognize cryptocurrencies as securities a couple of years ago And so Ripple and other cryptocurrency companies aren't breaking the law A federal judge denied the SEC's motion to shut down Hinman's do ...

Founder of TechCrunch Claims SEC Lawsuit Against Ripple Excludes Non-Wealthy Traders

Founder of news portal TechCrunch and venture capital firm CrunchFund Michael Arrington said that by suing Ripple, the US SEC is trying to make trading available only to the rich. Michael Arrington said this during a podcast with cryptocurrency Influencer Layah Heilpern. ...

Cryptocurrency Market Faces Decline Amidst Negative News

New bank problems failed to push cryptocurrencies to rally seven days ago. But this week's negative news took the market down. Bitcoin In the week of May 5-12, the price of bitcoin dropped more than 10%, fallin ...

Ripple’s MENA Managing Director: Cryptocurrency Regulation in UAE More Progressive than in the US

The managing director of Ripple in the Middle East and North Africa (MENA) believes that the regulation of the cryptocurrency industry in this region is much more progressive than in the US. Navin Gupta said in an interview that Ripple intends to expand its presence in th ...

Ripple CEO and Venture Capitalist Disagree on XRP’s Security Status

The CEO of Ripple argued with a prominent venture capitalist and entrepreneur about whether XRP can be considered a security. Brad Garlinghouse says the company has already spent about $200 million on litigation costs during its years-long fight with the U.S. Securitie ...

Ripple CEO Advises Cryptocurrency Startups to Avoid Opening Business in the U.S.

Ripple CEO Brad Garlinghouse advised cryptocurrency startups not to open a business in the U.S. to avoid being harassed by regulators. Speaking at the Dubai Fintech Week conference, Garlinghaus announced that he intends to expand Ripple's operations in Dubai and promised th ...

XRP Whales Accumulating Coins as Bullish Trend for Ripple Emerges

Ripple (XRP) gained 4.5% in the past two weeks. According to onchain analysis, whales were actively buying the coin during this period, which can be seen as a bullish signal for XRP in the coming weeks. May began for XRP -the native coin of the blockchain project Rippl ...

Lawyer Argues SEC’s Interpretation of Howe Test in Ripple Case Should Be Specific and Plausible

Lawyer at Morgan Mac Lawyers said that the SEC's interpretation of the Howe test in the Ripple case should be "specific and plausible, not pulled by ears." Bill Morgan recalled that in the case against Ripple, the SEC hopes to build a prosecution side around the classific ...

Ripple’s (XRP) Performance in the Crypto Market: Bounce or Bearish Breakout?

Ripple (XRP) trades in the middle part of a long-term pattern. The further price trend depends on whether it makes a bounce or a bearish breakout. The further price trend depends on whether it makes a bounce or a bearish brea ...

Ripple’s CTO Defends XRP Ledger Decentralization Amid Criticism

The chief technology officer of Ripple responded to critics who claim that XRP Ledger is not decentralized enough. David Schwartz defended XRPL, insisting on a level of decentralization similar to PoW consensus algorithm blockchain projects, "albeit in a slightly differen ...

Cryptocurrency Trader Predicts Bullish Trend for Ripple (XRP)

The trader under the nickname Harry shared the results of his wave analysis of the cryptocurrency Ripple, warning that investors should take note of the situation on the charts of rate changes of this asset. Harry announced that the near-term outlook is not good for short ...

BitBoy Crypto to Appear on Trump Jr.’s Show to Discuss Crypto Industry Issues

BitBoy Crypto, a prominent cryptocurrency YouTuber who goes by a pseudonym, has announced that he will be a guest on the Rumble show hosted by Donald Trump Jr. in the coming week. During the podcast, he plans to discuss the ongoing legal battle between Ripple and the US Securities and Exchange Co ...

Ripple’s XRP Exchange Rate Analysis: Possible Market Reversal Ahead

The Ripple (XRP) exchange rate declined noticeably on April 19 after rebounding from an important resistance area. However, the formation of the bottom may determine the market reversal. The native token project Ripple (XRP) broke through a downward resistance line on March 21 and rose. On March ...

Ripple Faces Class-Action Lawsuit in California Federal Court for Selling XRP as Unregistered Security

On April 26, a class-action lawsuit against Ripple Labs for allegedly selling XRP as an unregistered security will be heard in a federal court in California. The plaintiffs, represented by Bradley Sostak, aim to demonstrate that all individuals who bought and sold XRP at a loss, or still hold it, ...

Ripple Considers Moving Business Outside US Amid Ongoing SEC Legal Battle

Ripple is currently evaluating its options for relocating its business outside the United States in response to the ongoing legal battle with the SEC, taking cues from Coinbase's recent actions. Ripple's international policy adviser, Susan Friedman, has expressed a favorable view of the European ...

Ripple (XRP) Faces Resistance as Wave Analysis Suggests Potential Reversal

The Ripple (XRP) rate fell sharply on April 19 after the price rebounded from an important resistance area Despite today's drop, however, wave analysis promises the project Ripple (XRP) token will bottom out soon and potentially reverse. Will the bulls be able to resuscitate the bullish struct ...

XRP On-Chain Metrics Suggest Possible Price Correction

For the last seven trading days, the XRP rate has mostly stalled around $0.52, and on-chain metrics promise the coin an early loss of $0.50 support. The native token of the famous Ripple project (XRP) was on the rise in March in a number of on-chain indicators, including the growth of popularity ...

Central Bank of Montenegro Collaborates with Ripple for Pilot Program on State Digital Currency

The announcement by the Central Bank of Montenegro regarding their partnership with Ripple, an American company, has been made public. The two organizations plan to collaborate on the development and launch of a pilot program aimed at testing the state digital currency, as well as forming a compr ...

Ripple’s CTO Advises Against Exclusive XRP Apps

Ripple's Chief Technology Officer (CTO), David Schwartz, recently shared his thoughts on the idea of creating an app that exclusively works with XRP cryptocurrency. In response to a query on social media, Schwartz suggested that developing decentralized applications (dApps) and other products exc ...

Ripple (XRP) Consolidates, but Bullish Outlook Remains

Ripple (XRP) has been consolidating lately after bouncing off the $0.530 resistance area. However, the price may soon resume growth. In March, the Ripple project coin (XRP) was on the rise in a number of indicators, including the growth of popularity in social networks.. On March 29, the price up ...

Huawei and Ripple to Expand Digital Financial Services in Bangladesh

Huawei, the Chinese tech giant, and Ripple, the American blockchain firm, have joined forces to provide access to digital financial transactions in Bangladesh. The two companies are collaborating to bring advanced fintech services to the citizens of the country. The partnership will allow the ...

Founder of CryptoLaw explains reasons for delay in SEC lawsuit against Ripple

John Deaton, the founder of CryptoLaw, who is representing the interests of XRP holders, has shared his thoughts on the delay in the ruling of the US SEC lawsuit against Ripple. The XRP community has been actively discussing the SEC lawsuit against Ripple on Twitter, with many supporters hoping t ...

Top Altcoins of the Week: Ripple Leads with a 23.68% Increase

The editors of BeInCrypto compiled a top list of altcoins that showed the maximum increase for the week from March 24 to March 31 In addition to Ripple, the list of these altcoins includes: Ripple (XRP) +23.68% Stellar (XLM) +20.35% Con ...

Ripple (XRP) Price Analysis: Will the Whales’ Selling Trigger a Correction?

XRP, also known as Ripple, has surpassed the $0.45 mark for the first time since November 2022. Despite the bullish sentiment, on-chain analysis indicates that the market's whales are poised to unload their holdings. It remains to be seen how much XRP will decline in the following weeks. As the p ...

Ripple’s XRP Surges to Highest Value Since 2022 Amid SEC Lawsuit Settlement Prospects

The price of Ripple's XRP has surged to $0.49 per digital coin, marking its highest value since November 2022. This sudden growth is attributed to the increased likelihood of Ripple settling the SEC lawsuit against it. Interestingly, this chance came about in a third-party case involving the bank ...

Scammers Impersonate Ripple CEO Brad Garlinghouse to Promote Fake Cryptocurrency Giveaway on Twitter

The official account of a well-known Indian news channel, News 24, with a substantial following of 1.3 million on Twitter, was hacked by unknown individuals who posted a fraudulent message about distributing 100,000,000 XRP coins. According to the fake tweet posted by the hackers, Ripple CEO Brad ...

Crypto Market Forecast for March 2023: Ripple’s Volatility, Ethereum’s Pressure on BTC, and Stacks’ Rapid Growth Trend

In March, the crypto market may experience volatility with Ripple's (XRP) rate, while Ethereum (ETH) may strengthen against Bitcoin. Additionally, Stacks (STX) are predicted to continue their rapid growth trend. The crypto market had a bullish February 2023, and the upcoming month of March may fo ...