xrpusd

7 Signs Ripple (XRP) Could Explode in 2024

Ripple’s correction in January was a significant event because it enjoyed key support at the $0.62 level for the two months spanning November and December. Furthermore, over that time period, XRP charted a falling wedge pattern, often a technical indicator of a reversal to a bullish trend. All the major Ripple news over that time...
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XRP Myths: Expert Corrects Three Misconception About Ripple

An illuminating conversation unfolded on X this week about XRP Ledger’s smart contract features. A Ripple expert corrected some misconceptions that Ripple is not as feature-rich as its competitors. Are Ripple Use Cases Limited? If you ask Google Bard or any AI chatbot why XRP price hasn’t shown the kind of gains Bitcoin (BTC) and...
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Ripple President Says Cryptos Like XRP are Hastening Globalization

The New York Times featured the Ripple Labs president in a recent special series on global consumer behavior in 2024. “We asked a global group of entrepreneurs, business leaders and academics to assess consumer behavior,” wrote the Times. Ripple President Explains Global Appeal of XRP For her part in the series, Long makes the case...
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No More Hype: XRP Loses All Gains Against BTC Since Ripple Lawsuit Win

Five months after Ripple’s resounding legal triumph over U.S. regulators, the company’s cryptocurrency has shed virtually all of its former gains against its digital competitors. The XRP/BTC price ratio has returned to its level from prior to July 13, after which XRP rallied against the market’s leading crypto asset by ~80% within a week. Back...
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Ripple Effect? US Accountability Office Rules SEC Broke the Law

Ever since a US judge ruled in July that XRP tokens are not securities, the SEC has been the underdog in its long-running feud with Ripple Labs. Meanwhile, a new development strikes a blow against the SEC’s standing with the government. The US Government Accountability Office ruled Tuesday that the Commission violated oversight rules with...
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Former Ripple (XRP) CTO, 7000 BTC in a Hardware Wallet and Their Potential Recovery: The Story

In September, a Seattle startup lab of white hat hackers sent proof to a senior writer at WIRED Magazine that they could crack the IronKey S200 thumb drive containing 7002 Bitcoins. But former Ripple CTO Stefan Thomas incredibly refused an offer by the Seattle startup, named Unciphered, to access the USB drive for him. Fmr....
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Ripple Pushes For an Update With 2 New Features for XRPL: Everything You Need to Know

Published on the official Twitter of Ripple’s development team, the firm announced an update to the XRP Ledger that will introduce a couple of new features, pending validation from community. The specification is numbered 1.12.0, and it merges the XLS-30 Automated Market Maker and the XLS-39 Clawback spec to the network. Let’s dive in. The...
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Judge Torres Approves Notice of Appearance in Ripple v. SEC Case: What Does it Mean?

The ongoing case between Ripple Labs and the US Securities and Exchange Commission continues to be among the most heavily-discussed topics in the industry. Most recently, presiding Judge Analisa Torres approved a notice of appearance for an Investment Banker Declarant, but what does this mean? Approving Notice of Appearance Judge Analisa Torres has recently approved...
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Is an XRP ETF Possible? Expert Weighs In

Filings for spot Bitcoin exchange-traded funds have been pushed around for years with no success in the US so far. The Securities and Exchange Commission remains reluctant. Ideas for ETH ETFs have also been floating around but XRP? That’s something new, but apparently, there’s some sort of interest in it. The primary reason why cryptocurrency...
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XRP Price Explodes to $50 But It’s Not What You Think

The native token of Ripple – XRP – has briefly skyrocketed to $50 on the popular cryptocurrency exchange Gemini hours after the latter allowed deposits with the asset.  The development seemed to be a short-lived glitch as the coin quickly retraced to its current level of approximately $0.63.  Several screenshots revealed that XRP spiked to...
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XRP Listed on Gemini Following Ripple’s Partial Court Victory

Gemini confirmed it now accepts XRP deposits after days of speculation driven by a cryptic post on its verified X account. The post, a thinking face emoji, was made in response to a question by crypto journalist David Gokhstein, who wondered whether Gemini would relist XRP. In its announcement, Gemini clarified that it would initially...
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Why Hasn’t XRP’s Price Reached $1 Despite SEC Victory? John Deaton Opines

On August 8, prominent lawyer and cryptocurrency enthusiast John Deaton took to Twitter to share his insights on the surprising corollary between regulatory clarity for XRP and ETH’s stagnant performance despite PayPal’s recent stablecoin announcement. Deaton highlighted the growing influence of Bitcoin (BTC) on the overall crypto market, overshadowing even seemingly significant events for altcoins....
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Pro-XRP Lawyer Willing to Bet Big on Ripple v. SEC Case Appeal

Pro-XRP lawyer John Deaton has said he’s willing to wager on the outcome of the U.S. Securities and Exchange Commission’s appeal against a recent ruling that determined Ripple’s XRP token is not a security under certain circumstances. Deaton, the founder, and host of CryptoLaw, remarked in a post on X (formerly Twitter) while supporting the...
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XRP to the Rescue? Coinbase Cites Ripple Ruling, Seeks to End SEC Lawsuit

America’s largest cryptocurrency exchange Coinbase has submitted a motion to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The motion, filed with the U.S. District Court for the Southern District of New York, argues that crypto assets are neither investment contracts nor securities and so fall outside the SEC’s delegated authority as...
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Ripple (XRP) Price Sinks 25% Since Historic SEC Win as Hype Slows Down

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....
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Is XRP in Trouble Again? SEC Signals Appeal in Ripple Case

The legal war between the United States Securities and Exchange Commission and Ripple Labs appears to be far from over. While the latter managed a partial win following a recent court ruling, the Commission doesn’t seem to be backing down just yet. According to a recent report by Bloomberg, the United States Securities and Exchange...
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Ripple (XRP) Forms New Partnership to Foster Stablecoin Adoption

Stablecoins and central bank digital currencies (CBDCs) have been an ongoing point of discussion for a while now. Ripple – the company behind one of the world’s largest cryptocurrencies, XRP – has entered into a new partnership aimed at fostering support for both. According to a recent blog post, Ripple partnered with a company called ...
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Has Ripple (XRP) Won or Will the SEC Appeal: What’s Next?

The legal clash between Ripple and the US Securities and Exchange Commission has turned into a cornerstone case for the entire cryptocurrency industry. According to many, it may have serious implications for future lawsuits, regardless of how it ends. Most recently, Judge Analisa Torres ruled that secondary sales of XRP didn’t constitute investment contracts –...
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Can Ripple (XRP) Reach $1 in 2023? 4 Factors to Consider According to ChatGPT

Ripple’s XRP has undoubtedly been the hottest story throughout the past few weeks. T he legal battle between the company and the US Securities and Exchange Commission culminated last week when US Judge Analisa Torres ruled that secondary sales of XRP didn’t constitute investment contracts. [embedded content] Expectedly, XRP exploded by over 70% and is...
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Can Ripple (XRP) Lose Against the SEC? Lawyers Debate Following LBRY Lawsuit Judgment

LBRY Inc – the firm that’s responsible for developing the LBRY Protocol – announced that it will be closing shop. This comes after it received a final judgment in the case against the US Securities and Exchange Commission (SEC) earlier this week. LBRY lost the case. The judge sided with the Commission and ruled that...
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When Ripple v. SEC Ruling? XRP Investors Already Taking Positions (Report)

It’s no surprise that XRP investors are expecting a ruling in the case between Ripple and the United States Securities and Exchange Commission. According to a recent report from Kaiko, they are already positioning themselves, which is reflected in the increased trading volume. Kaiko reports that XRP ranks third in trading volume as investors are...
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When Will The Ripple-SEC Ruling Come? XRP CTO and Known Attorney Speculate on a Deadline

The case between the United States Securities and Exchange Commission and Ripple is one that the entire cryptocurrency community is looking at. The outcome of the lawsuit is likely to determine whether XRP is a security – a decision that might have considerable implications for the rest of the industry. Ripple v. SEC Case: When...
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Ripple (XRP) Will Definitely Lose Against the SEC But There’s a Catch: Keiser

Max Keiser has once again come out with a comment on the ongoing case between the United States Securities and Exchange Commission and Ripple – the company behind XRP. The Bitcoin permabull thinks Ripple will lose, but the reason is not what many might think. Max Keiser is a well-known proponent of Bitcoin – one...
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XRP Holders Lawyer John Deaton Comments on Jay Clayton’s Stance on Current Regulatory Regimen

The lawsuit between Ripple and the United States Securities and Exchange Commission has taken center stage once again as the agency continues with its predatory approach. Earlier this month, the Commission filed a lawsuit against Coinbase for dealing with unregistered securities, calling out a number of coins for being securities. Interestingly enough, this list didn’t...
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Ripple v. SEC Case Update: The Latest Developments as of June 27th

The case between Ripple and the United States Securities and Exchange Commission rages on. We’ve recently explored how the lawsuit could affect the entire crypto industry, talking to legal experts with interesting commentary on the matter. With that said, let’s have a look at some of the most recent developments as of today – June...
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Ripple CTO Addresses Rumors of $5 Billion XRP Buy Back

There’s been a rumor circling cryptocurrency-oriented social media circles throughout the past couple of days, that Ripple is planning to buy back 10 billion XRP tokens, currently worth just shy of $5 billion. The first to question the rumors was John Deaton, a lawyer representing thousands of XRP holders, who said he doesn’t believe it...
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Ripple Institutional Investors Slow Down as XRP Sees Only $240K in Weekly Inflows

One of the leading crypto-oriented asset managers catering predominantly to institutional clients, CoinShares, has reported a total of $199 million of weekly inflows. This is the largest the number has been since July 2022, correcting 50% of the previous 9 consecutive weeks of outflows. The report outlines that Bitcoin has been the one that benefitted...
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Ripple CLO Praises Singapore’s Regulatory Framework Amid US SEC Turmoil

Stuart Alderoty, the Chief Lego Officer at Ripple, has taken to Twitter to praise the “workable” framework that the Monetary Authority of Singapore has built. His comments come amid regulatory turmoil in the US as Ripple, Coinbase, Binance, and other crypto-related companies are facing lawsuits against the country’s Securities and Exchange Commission. Stuart Alderoty praised...
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Ripple Receives In-principle Singapore Payments License US Crypto Exodus Continues

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...
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Ripple v. SEC Lawsuit: XRP Holders Lawyer John Deaton Bashes SEC’s Position

The case between the US Securities and Exchange Commission (SEC) and Ripple is raging on, pending a ruling which some estimate to be coming relatively soon. That said, John Deaton, a lawyer representing thousands of XRP holders, has recently reviewed and agreed on a Twitter thread that criticizes the position of the SEC. Although that’s...
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