Despite a largely bullish court ruling in favor of Ripple last month, Morgan Creek founder Mark Yusko is no more enthusiastic about the company, nor the XRP ledger. In a Tuesday interview, the investors said that the ledger is not only “corruptible,” but that it lacks any “real adoption.” Yusko’s View On Ripple In conversation...Read More
The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to...Read More
In the midst of a lackluster price movement across the wider cryptocurrency market, XRP experienced an unusual downward trend. The cryptocurrency recently became the fifth-largest crypto by market cap owing to Ripple’s partial but impressive win against the US Securities and Exchange Commission (SEC). The asset even briefly surpassed BNB as the fourth-largest last month....Read More
Crypto trading platform Bitstamp has introduced an XRP lending service offering a “permanent” 2% yield, shortly after relisting the asset for trading last month. This puts XRP on an already sizable list of coins viable for 2% APY on Bitstamp, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether USD (USDT). Permanent Yield On...Read More
Italian motorcycle manufacturer Ducati partnered with XRP Ledger to enter the Web3 space. The main goal is to launch its first-ever digital collectible, which is a video sequence of all the Ducati logos that have appeared on the tanks of motorbikes produced in Borgo Panigale from 1946 to the present day. The first release is...Read More
Wyoming-based Custodia Bank’s application to become a member of the Federal Reserve System was rejected earlier this year by the Kansas City Fed. But the platform has no intention of backing down. The legal dispute took a new turn after Custodia slapped three lawsuits against the regulator in three separate circuits. According to attorney John...Read More
On July 17, Gary Gensler said he was “disappointed” with the judge’s ruling that Ripple’s XRP token was not a security when it was sold to retail investors on exchanges. The ruling was celebrated as good news for the wider crypto industry and retail investors, but Gensler doesn’t agree. BREAKING: @GaryGensler addresses the @Ripple Summary...Read More
The Howey test for security relies on the buyer’s expectations to an extent. This is a major bone of contention when it comes to the 2018 class action surrounding the sale of XRP, which precedes the SEC’s lawsuit against blockchain firm Ripple. The investor class, in this case, was recently granted certification in a crypto...Read More
Rapid disinformation attacks are one of the most significant challenges in the digital ecosystem. This time, the alleged resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler took the internet by storm. The news stories ultimately turned out to be a hoax, much to the crypto community’s disappointment. But at the center...Read More
The move comes amid a massive crackdown on the digital asset industry in the United States. On June 21, Ripple stated that it had received in-principle regulatory approval to operate in Singapore. The fintech firm has been granted a Major Payment Institution License from the Monetary Authority of Singapore, the country’s central bank. Ripple CEO...Read More
Ripple announced the acquisition of Swiss-based crypto custody provider Metaco, marking the blockchain firm’s expansion across the growing institutional crypto custody market. The deal, worth $250 million, surfaces as Ripple continues to defend against the long-drawn lawsuit from the US Securities and Exchange Commission. Ripple Acquires Metaco Ripple is expected to ramp up its enterprise...Read More
XRP is one of the handful of crypto-assets that has outperformed Bitcoin in the latest market-wide rally. Traders are placing their bets on a potential victory for the blockchain firm Ripple’s multi-year legal battle against the US Securities and Exchange Commission (SEC), with a ruling expected in April. In the past two weeks alone, XRP...Read More
XRP has been defying the market-wide decline as it continued its impressive recovery for the month. The asset – that is at the center of the Ripple lawsuit brought by the US Securities and Exchange Commission (SEC) – has surged by nearly 13% over the past day alone. XRP Surges to 10-Month High According to...Read More
The Twitter account of one of the leading news channels in India – News24 – became a victim of a recent cryptocurrency scheme. Hackers breached their security to post phishing links of a fake XRP drop, urging people to click and potentially get conned. Crypto scammers have previously compromised the Twitter account of India’s Prime...Read More
Should the United States consider making XRP the reserve currency of the world and buy its entire holding from the market? Well, this speculative idea floated by Jimmy Vallee, Managing Director of Valhill Capital, in 2021 is once again doing rounds after he talked about it in a recent interview. But Ripple Lab’s CTO David...Read More
The long, drawn-out battle between fintech firm Ripple and the U.S. Securities and Exchange Commission could be coming to a conclusion, according to the company CEO. Speaking to CNBC at the World Economic Forum in Davos, Switzerland, on Jan. 18, Garlinghouse said that the judges are unlikely to rush a resolution, adding: “We’re optimistic that...Read More
This week has been rather bullish for most digital assets as the market continues to show splendid recovery after hitting its bottom on June 18th. Bitcoin price is up over 3% today, trading at $21.2k, Ethereum price managed to close in at $1.2k, BNB is up over 12% this week, trading above $240, XRP saw...Read More
As recession fears pushed stock markets and cryptocurrencies to two-year lows last week, things are looking better this Juneteenth, as a federal holiday observes the end of slavery in the United States. Stock markets are closed today, which provides an extra day for cryptocurrencies to show bullish momentum and regain some of their prices. However,...Read More
After the Fed raised interest rates to unprecedented levels last week, the stock and crypto markets experienced significant losses. This week, Bitcoin, Ethereum, XRP, Solana, and other major cryptocurrencies showed double-digit percent price losses. However, after bottoming out at $29k on May 9th, Bitcoin shows signs of life as the cryptocurrency is currently trading above...Read More
Cryptocurrency markets have been full of volatility and uncertainty in recent weeks. With Bitcoin prices falling sharply last week, most other cryptocurrencies followed suit by showing double-digit percent price losses in a matter of days. Ethereum is down 10.48% in the past seven days, XRP is down 7%, and ApeCoin is down a massive 35%....Read More
With the beginning of new year 2022, most of the crypto assets appear to have been painted green. However, most of them are still hovering within the same levels, like Bitcoin swinging around $47,000, Ethereum heading towards $4000 and XRP still a long way away long in hitting $1 levels. In such a scenario, it’s...Read More
Although the legal anguish continues to prevail, the XRP has managed to preserve its market cap at a decent phase year-to-date. However, the Crypto fraternity is hopeful of a case to end either in a court hearing or a settlement but to end by early 2022. CEO of Ripple Brad Garlinghouse took to Twitter to...Read More
The top 10 cryptos were swinging with a notable margin and volume in the past couple of days. Yet some assets were trending in a very narrow region, XRP & ADA were among them. While Cardano price flipped from the downtrend successfully, XRP price appeared to have been waiting for a notable boost. No doubt...Read More
Terra(LUNA) in recent times is roaring like a giant trying very hard to surpass the popular tokens and gain entry into the top 5 at the earliest. And hence in the due course, some of the well-settle assets may face extreme danger as if they do not perform now, may end up being out of...Read More
In the last two weeks, cryptocurrency prices have plummeted. Bitcoin’s price has dropped below $50,000, while Ethereum’s price is hanging around $4,000. Over the last two weeks, cryptocurrencies have lost more than $800 billion in value. Advertisement Ripple (XRP) has been consolidating towards a breakout with lower highs and higher lows since last week. The...Read More
The price of XRP has been steadily declining since it was rejected by the $1 resistance, which was compounded by the market fall on Saturday. Despite this severe decline, XRP’s price behavior suggests that the bulk of the correction may be nearing its conclusion. Advertisement As bulls maintain a major support level, producing a reversal...Read More
The crypto space experienced a small sigh of relief for just a couple of days and yet seems to have fallen into the bearish well again. No sooner than Bitcoin price loosen its grip over the uptrend, the bears quickly jumped into action. And hence, many altcoins including XRP price are flowing through a notable...Read More
The crypto town is currently showing signs of relief as the market is exhibiting appreciable greener digits on the charts. Folks from the crypto town have pinned high hopes on the Christmas season. The market cap of the crypto industry is currently at $2,700,598,521,769, which is up by over 4.1%. The volumes for 24-hours are...Read More
The prolonging legal battle between Ripple and the U.S Securities and Exchange Commission. Results in an increase in speculations over the outcome of the judgement. Investors and traders from the XRP community hold growing concerns over their XRP holdings. Advertisement Consecutively, crypto enthusiasts and the founder of Crypto Law U.S mentions the possible outcome from...Read More
For most coins, the start of Q4 has been extremely positive. Although the price of XRP was seen trading in the red in the last 24 hours, it has flipped its downward trend from the previous week. At the time of writing, XRP is trading at $1.06, up 4.17 percent in the last 24 hours...Read More
BREAKING: @GaryGensler addresses the @Ripple Summary...Read More
