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SEC and Ripple face off impending, impacting XRP demand
20.5.2024
XRP appears to be suffering from investors’ growing apprehensions about the legal dispute between Ripple and the SEC. Over the weekend, XRP declined 2.1%. After declining 0.46% on Saturday, XRP closed the week up 1.98% to $0.5092. In the first quarter of 2024, investors negated news of a...
XRP on the verge: Price hints at breakout, key levels to watch
17.5.2024
In the latest news, the cryptocurrency market saw the value of XRP decline following a period of constant growth. The $0.520 resistance is observed, which is the same as the fluctuations in Bitcoin and Ethereum. In the meantime, the continuous sale of XRP pushed it below its support level...
XRP Lawyer Deaton hits back at SEC and Warren over crypto regulation
17.5.2024
John Deaton, a well-known lawyer who has spoken publicly in favor of XRP, recently published a devastating review of both the Securities and Exchange Commission (SEC) and Senator Elizabeth Warren. He opines that the above entities are more concerned about their political agendas than those of...
XRP poised for year-end surge: Can it reach $1 by 2025?
16.5.2024
There are many factors at play here, but XRP by Ripple is optimistic about ending the current year, that is, 2024, on a higher note. For starters, Ripple versus the SEC is likely to have a final judgment in the next couple of months. If favorable, it will trigger an upswing in XRP’s value. However...
Ripple to revolutionize creativity on the XRP Ledger in Brazil
16.5.2024
Ripple has undertaken the initiative to foster innovation on the XRP Ledger in Brazil by establishing the XRPL Grants Program, which provides financial support for project development. In this matter, its vision coincides with that of the Brazilian government, which has exhibited considerable...
UBRI teams up with HBCUs to foster Blockchain talent
15.5.2024
In a groundbreaking move to empower Historically Black Colleges and Universities (HBCUs) and advance Blockchain technology education, the University Blockchain Research Initiative (UBRI) has announced a strategic partnership with several HBCUs across the United States. This collaboration aims...
Ripple enhances XRPL with Evmos for interchain capabilities
15.5.2024
Ripple, jointly with Peersyst, will utilize evmOS to improve the XRP Ledger (XRPL) EVM sidechain, which is currently positioned within Devnet. The XRPL EVM sidechain will be created using evmOS, a flexible and custom-made tech stack provided by Evmos. evmOS brings about EVM adaptability on...
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...
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...
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...
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....
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 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...
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...