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Ripple Files Opposition to SEC’s $2 Billion Penalty Request


Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.” The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews

Turbulent times ahead as Ripple files response to penalty of $2 billion


The continuing legal encounter between Ripple Labs and the American SEC is climaxing this week. Ripple is planning to file an opposition brief, and its sealed response will be submitted by 22/April/2024. Ripple Lab’s submission of a sealed response will be followed by a version that will...

Ripple CEO sees overseas success boosting XRP’s future


Recently  Brad Garlinghouse, CEO of Ripple Labs  gave his appearance on Fox Business’s “Mornings with Maria. On the show, run by Maria Bartiromo, Garlinghouse gave his comprehensive analysis on crypto markets. Further, he also added what might happen in the crypto world in coming years....

US stablecoin legislation sparks hope for Ripple launch


The new development led to a decline of 0.40% on Wednesday, and the session was closed at $0.4953. The United States Stablecoin Legislation garnered significant investor attention from all over the globe. The losing streak of XRP lost its extension to three sessions, and American senators Cynthia...

Ripple’s legal council counters false information on social media


The legal council of Ripple, Stuart Alderoty, has countered the false information being circulated on social media. He has cleared the air on the issue of a pretrial with the Securities and Exchange Commission slated for the 16th of April, stating that there is no such agenda in the offing....

XRP nears price drop, ETH loses $3000, and BTC’s future looks bleak


The current trajectory is highly detrimental for XRP, which is renowned for its low volatility and represents a precarious decline. However, market reports indicate that there is a chance that XRP will return to its flourishing days.  It has been reported that Ethereum will dip below the $3000...

XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming?


The XRP (XRP) price came under heavy selling pressure on Friday, dumping 11% to $0.54 amid a crash in altcoin markets due to rising concerns about a potential US/Israel versus Iran war. The post XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming? appeared first on Cryptonews

Ripple’s XRP stablecoin encounters massive headwinds ahead


Ripple recently announced that it is planning to enter the stablecoin industry. Given its 33 billion dollar market cap, the news made waves across the market. While the announcement was perceived positively, it also came with a silent admission that XRP was not meeting the payment industry...

XRP headed for ATH after potential SEC settlement?


XRP has been downplaying in terms of performance, staying away from an ATH. This could be drawn from the ongoing Ripple versus SEC legal battle. However, that is expected to conclude on April 11, 2024, when the Commission and Ripple meet behind the doors for a possible settlement. If reached,...

Ripple’s CEO foresees crypto boom to $5T by 2024’s end


Brad Garlinghouse, CEO of Ripple, a cryptocurrency startup company, has projected a $5 trillion market capitalization for cryptocurrencies, which might happen this year. The positive projection is supported by a number of significant events in the crypto industry, including macroeconomic reasons...

Ripple announces the release of USD-backed Stablecoin


Ripple is a well-known service provider for crypto solutions and enterprise blockchain. It has announced plans to launch a stablecoin pegged 1:1 to the US dollar (USD). US dollar deposits, short-term US government treasuries, and other cash equivalents will fully fund Ripple’s stablecoin....

XRP vs. BTC: the battle for cross-border payment supremacy


Cryptocurrencies have emerged as a disruptive force in finance, offering innovative solutions to traditional challenges. One of the most promising aspects of cryptocurrencies is their potential to revolutionize cross-border payments. Unlike traditional banking systems, cryptocurrencies facilitate...

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