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Korean VAS provider Infinite Block joins as new XRP Ledger validator
14.5.2024
The new XRP ledger validator is keen on diversifying the XRPL system and providing XRP-based services to business organizations. The Korean financial regulatory authority approved the Infinite Block as a provider of virtual assets. Very few business organizations, like Infinite Block, got approval...
XRP value drops amid stalled SEC vs. Ripple proceedings
13.5.2024
There was absolutely no real news regarding the status of XRP, which did not seem to go down well with the investors, particularly with its value dropping by 1.36%. It stood at $0.4993. No action was witnessed on the SEC vs. Ripple front. Following the disciplinary brief filings, the court...
Korea’s Infinite Block Joins as XRP Ledger Validator, Bolstering Global Ecosystem
13.5.2024
Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment. Infinite Block aims to provide XRPL and XRP services...
Legal expert challenges Ripple’s ODL deal under Howey Test
10.5.2024
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...
XRP Price Prediction as SEC Pushes for $2 Billion Penalty Against Ripple – Will XRP Plummet?
9.5.2024
The XRP price has slid by 1.5% in the past 24 hours, dropping to $0.5136 after the SEC filed in support of its motion requesting a nearly $2 billion penalty for Ripple.
The post XRP Price Prediction as SEC Pushes for $2 Billion Penalty Against Ripple – Will XRP Plummet? appeared first on Cryptonews
Ripple up in arms against the SEC
8.5.2024
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
8.5.2024
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
8.5.2024
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....
SEC files final response in Ripple XRP case
8.5.2024
The SEC argues that Ripple’s assertions do not negate the need for injunctions to prevent future violations
Ongoing SEC vs. Ripple legal battle awaits crucial developments
7.5.2024
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?
7.5.2024
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 Price Prediction as Charts Show Potential for 50x Returns And Analysts Predict A Spike – Time to Buy?
5.5.2024
With Ripple's XRP trading at $0.5283 amid a $675 million daily volume, investors closely watch for signals that might hint at a 50x return potential.
The post Ripple Price Prediction as Charts Show Potential for 50x Returns And Analysts Predict A Spike – Time to Buy? appeared first...
Ripple Strikes back; Reply brief rocks SEC lawsuit
3.5.2024
In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple has responded forcefully to the SEC’s allegations with a comprehensive reply brief, marking a significant development in the high-profile case. Ripple’s legal team filed...
Ripple vs. SEC legal battle impacts XRP’s performance
2.5.2024
Ripple filed a plea to counter the testimony of the Security and Exchange Commission’s accountant. It faced stiff opposition from the Securities and Exchange Commission, and its accountant was regarded as a summary witness. Ripple expressed its frank view that it recognized that...
Ripple and HashKey DX launch XRP solutions in Japan
30.4.2024
The SBI Group, a collection of businesses based in Japan, has spearheaded the sector by being the first Japanese company to adopt Ripple’s cutting-edge blockchain solutions. It symbolizes significant progress in integrating cutting-edge technology in Japan. For this objective, Ripple...
Crypto analytics platform shows significant XRP accumulation
30.4.2024
The past few weeks have been troublesome for the crypto market. The majority of altcoins are suffering because the market entered a correction phase before BTC halved. However, with significant whale activity, XRP is defying the odds. Whale Alert, a specialized platform for crypto analytics...
Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions
30.4.2024
Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market
XRP loses buoyancy faster as whales abandon
29.4.2024
Ripple’s XRP was in the headlines for the past few weeks for unfortunate reasons ranging from scathing analyst reviews and feedback to regulatory battles. The XRP tokens were not having the best of the times. To add more to the damage, whales also started moving away from the Ripple...
Ripple vs. SEC case and Its Appeal strategies : An overview
29.4.2024
As the Securities and Exchange Commission (SEC) submits its opposition brief to Ripple’s Motion to Strike expert testimony on Monday, April 29th, the court will once more hear the SEC vs. Ripple lawsuit. The legal dispute arose subsequent to Ripple’s December 2020 indictment by the...
New updates regarding legal battle between SEC and Ripple
26.4.2024
The Securities and Exchange Commission has submitted its response to the motion, and Ripple will be given three business days to file its reply. Ripple had recently filed its opposition to the Securities and Exchange Commission’s motion. The American company asked the court to deny...