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SEC drops Ether probe but still seeks billions in penalties from Ripple: Hodler’s Digest, June 16-22

22.6.2024
The U.S. Securities and Exchange Commission has dropped its case against Ether. However, in another crypto case, the regulator still demands billions in penalties from Ripple

Ripple Clarifies XRP Is Not a Security After New Court Ruling

22.6.2024
Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...

Crypto Biz: US dollar exposure via digital assets takes off

21.6.2024
This week’s Crypto Biz explores Hashdex filing for a combined spot Bitcoin and Ether ETF, Coinbase’s pre-launch market, Ripple’s challenges with regulators in the U.S., and more stablecoins delisting in Europe

Price analysis 6/21: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX

21.6.2024
Bitcoin has broken below the immediate support of $64,602, increasing the risk of a fall to the crucial $60,000 price level

Ripple Wins Partial Summary Judgment in Securities Lawsuit

21.6.2024
The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse. Court Ruling...

California judge sends Ripple case to trial, contradicts NY judge

21.6.2024
A judge in California has ordered Ripple to go to trial under the civil law on securities. This decision is significant within the realm of digital currencies. Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California partially granted Ripple’s request for...

Ripple faces securities suit in California over CEO's ‘misleading statement’

21.6.2024
Judge Phyllis Hamilton found XRP could be a security when sold to retail and gave the go-ahead to a class-action lawsuit over statements from Ripple CEO Brad Garlinghouse

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

20.6.2024
A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017

Whales transfer over 52M XRP to exchanges amid price recovery

20.6.2024
XRP is showing signs of price recovery by hovering within a defined range. This is a good signal, as the token aims for a higher milestone and the XRP lawsuit nears its settlement. In this scenario, two transactions stand out. Their collective transfer to centralized exchanges amounts to more than...

Price analysis 6/19: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX

19.6.2024
Bitcoin is struggling to bounce off $64,500, increasing the possibility of a deeper correction to $60,000

XRP price could break out as open interest increases

19.6.2024
Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple

Ripple’s legal woes and SEC appeals dim XRP’s outlook

19.6.2024
XRP, one of the widely-used cryptocurrencies, plummeted by 2.65 percent on Tuesday, June 18th. This decline partially mitigated the previous day’s increase when it had climbed by 3.19 percent and traded at $0.4914 at the close. Despite this, XRP’s value has been swinging as legal advancements...

Scam alert: Fake Ripple USD tokens emerge ahead of official release

19.6.2024
Scamsters are busy scouring ways to take advantage of Ripple’s stablecoin release by issuing an imitation version of the Ripple USD (RLUSD) token on the XRP Ledger. The yet-to-be-introduced RLUSD token will be shouldering its way forward through the big timers like Tether and Circle, falling...

Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview

19.6.2024
In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It’s just issued by the government,”...

Ripple CEO: Pro-Crypto Stance Will Win Votes in Upcoming Elections

19.6.2024
Ripple CEO Brad Garlinghouse expressed his view on the political landscape in the U.S. regarding cryptocurrency regulation on social media platform X on Monday. “You’ll hear this a lot more in the next few months in the U.S. — candidates will only gain votes for being pro-crypto,...

The US SEC opposes Ripple’s initiatives to lower its fines

18.6.2024
“Ripple is agreeing to nothing”, the Securities and Exchange Commission indicated in its response to Ripple’s request for lower fines. The company has been constantly engaging in legal battles with the Securities and Exchange Commission since 2022. The Securities and Exchange Commission refuted...

Buyer demand rises for XRP amid hopes for SEC vs Ripple settlement

18.6.2024
The value of XRP has gone up by 2.31% in the last 24 hours. This is largely credited to the hopes that the community members have. They stem from the speculation that the US Securities & Exchange Commission and Ripple may soon settle. While Ripple will have to shed a few bucks, the numbers...