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US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns


Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...

Ripple & XRPL Join Forces in DeRec Alliance with Hedera


The ecosystem of digital assets is signalling a big move towards collaborative development with the establishment of the DeRec Alliance between the major players in blockchain and cryptocurrency. Ripple, a leader in enterprise blockchain solutions, and XRPL Labs, a software developer of the...

Legal expert challenges Ripple’s ODL deal under Howey Test


An important development has taken place in Ripple’s ongoing battle with the Securities and Exchange Commission (SEC) as Bill Morgan, a lawyer from the crypto sector, disputes the claim that Ripple’s On-Demand Liquidity (ODL) fits the Howey Test. This test determines whether...

Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards


Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...

Ripple up in arms against the SEC


A short while back, the SEC came out with a backed alternate report that stated that it stands by its position of believing that Ripple will repeat its misdemeanor, though the company has caused no trouble following the lawsuit against it in 2020. However, Ripple CLO accuses the SEC of being...

SEC Argues for Injunctions in Final Response of Ripple XRP Case


The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense. The post SEC Argues for Injunctions in Final Response...

XRP poised for breakout: Analysts eye $1.68 mid-term target


XRP is estimated to touch $1.68 in mid-term, or maximum, by the end of this year, 2024. That would set the stage to retest the previous peak of $1.96, which occurred in April 2021. This comes as the cryptocurrency attempts to navigate its way out of the ongoing symmetrical triangle formation....

Ongoing SEC vs. Ripple legal battle awaits crucial developments


The tussle between the Securities and Exchange Commission and Ripple has yet to see any forthcoming closure, with charges and countercharges being leveled, as per James K. Filan, a seasoned lawyer.  A recent statement from Filan divulged that the SEC, via a closed document, had handed over...

Is XRP the crypto sleeping giant ready to awaken?


Unlike traditional cryptocurrencies, which seek to decentralize financial transactions and function as peer-to-peer electronic payment systems, XRP is different from these in the crypto market. While decentralization and anonymity are the main features of many cryptocurrencies, XRP emphasizes...

Ripple CEO Backs Ethereum and admits ETH or XRP are not securities


In a significant development within the cryptocurrency sphere, Brad Garlinghouse, the CEO of Ripple, has openly expressed his support for Ethereum while vehemently denying assertions that both Ethereum (ETH) and Ripple’s XRP token qualify as securities. Garlinghouse’s remarks come at...

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