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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

Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

Dogecoin moves closer to dethrone XRP


Dogecoin is in the 8th spot and XRP is in the 6th, with USDC in between on the list of top cryptocurrencies. However, the trend is expected to flip their positions soon. DOGE is climbing the value at a time when XRP has either halted or is bagging a dip. Also working well for DOGE …

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,...

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