XRP

Ripple partners with OpenEden, investing $10M to launch tokenized US Treasury bills

August 3, 2024 1 min read

Together with Ripple, OpenEden has put its tokenized US Treasury bills, TBILL, on the XRP Ledger (XRPL). By putting US Treasury bills on a digital platform, OpenEden’s TBILL tokens, which Ripple has invested $10 million in, are meant to bring together standard finance and decentralized finance (DeFi). The goal of the partnership is to bring together standard finance and decentralized finance (DeFi) by putting US Treasury bills on the internet.

Marc Fagel warns against excessive optimism over a potential Ripple (XRP) settlement

July 27, 2024 1 min read

Former Securities and Exchange Commission (SEC) attorney Marc Fagel has advised against being overly optimistic about the possibility of reaching an agreement in the continuing legal dispute between the SEC and Ripple Labs. The US SEC just rescheduled a private meeting, igniting renewed optimism among the XRP community for a resolution. Nevertheless, Fagel pointed out the absence of definitive proof to substantiate this perspective, noting that it is improbable to

XRP on the Precipice: Price Dips as Community Awaits SEC Meeting Outcome

July 24, 2024 1 min read

The price of XRP is currently hovering in anticipation of a crucial meeting between Ripple Labs and the US Securities and Exchange Commission (SEC) scheduled for July 25th. This follows a period of fluctuation for XRP, which had recently climbed to around $0.62 before pulling back slightly. Ripple CEO Bullish on Resolution: Ripple CEO Brad Garlinghouse has expressed optimism that the long-running legal battle with the SEC may be nearing

These XRP whales acquire $84 million in XRP in 7 days

July 24, 2024 1 min read

Whales, large investors known for their massive holdings, have seized over 140 million XRP tokens valued at around $84 million in the past week. This surge in buying pressure is attributed to Judge Phyllis Hamilton’s landmark ruling in Ripple’s ongoing legal process, which extended the deadline for excluding four expert testimonies until July 26. Crypto tracking service Whale Alert identified substantial on-chain movement of approximately 140 million XRP ($84 million).

Ripple’s Chief Legal Officer blasts the US for failing to provide clear crypto regulations

July 7, 2024 1 min read

Stuart Alderoty, the Chief Legal Officer of Ripple, has expressed disapproval of the United States’ ambiguous legislation around crypto, emphasizing the necessity of a consistent structure for digital assets. Alderoty expressed disapproval of the United States’ inability to deliver consistent outcomes, drawing a comparison to other nations such as the European Union and the United Kingdom. The United States is perceived as falling behind in the adoption of cryptocurrencies and

A US court advances Ripple’s securities case to trial

June 21, 2024 2 mins read

Ripple Labs is currently confronting further legal obstacles as a United States court progresses with a securities case centered around purportedly deceptive representations. The primary inquiry revolves around whether XRP, the digital asset of Ripple, meets the criteria of being classified as a “security” according to United States legislation, a determination that might significantly impact rules pertaining to cryptocurrencies. The lawsuit, initiated by Bradley Sostack, is around remarks made by

Is altcoins season over or just starting?

June 17, 2024 1 min read

Altcoins are currently undergoing a substantial decline in the cryptocurrency market, while Bitcoin is maintaining a reasonably steady position. Although Bitcoin is currently trading below $66K, altcoins have experienced significant declines, completely eliminating the profits gained during the March rise. The prevailing market sentiment is pessimistic, as the demand for an upcoming cryptocurrency season is diminishing. The bearish trend can be attributed to two main factors: a 5% decline in

XRP whales buy over 27 million XRP from crypto exchange Binance

June 16, 2024 1 min read

An affluent XRP investor has acquired a substantial amount of 27.74 million XRP from Binance, suggesting a possible increase in price. The whale’s extensive resources and long-term market perspective are the reasons behind this assertive purchasing behavior, which is commonly interpreted as a bullish indication. According to a recent technical study, XRP is expected to have a 20% price surge by July 15th, which offers optimism to investors aiming to

The SEC refutes Ripple’s comparison to Terraform Labs in court, insisting on a $2 billion fine

June 16, 2024 1 min read

The US Securities and Exchange Commission (SEC) has denied Ripple’s effort to utilize the Terraform Labs settlement as a means to challenge a proposed $2 billion penalty. The regulator considered the comparison to be invalid because there were substantial disparities between the cases. Ripple contended that the SEC’s request for a $2 billion fine is excessive. They pointed out that Terraform Labs, despite having $33 billion in sales and being

Ripple Labs argues for reduced SEC penalties by citing the Terraform Labs case

June 15, 2024 1 min read

Ripple Labs Inc. has submitted a fresh notification to the Southern District of New York with the intention of swaying the court’s perspective on the Securities and Exchange Commission’s suggested sanctions and ultimate ruling. Ripple’s legal team, headed by Michael K. Kellogg, cite a parallel lawsuit involving Terraform Labs, in which Terraform and CEO Do Hyeong Kwon were convicted of significant securities fraud. Terraform was mandated by the court to

Experts Predict $10 For BDAG Coins As Presale Nears Nears $50M While BNB Price & XRP Surges

June 14, 2024 3 mins read

The recent breakout in BNB’s price pattern indicates a bullish trend, and XRP’s surge has also been noteworthy, driven by positive market reactions and strong upward momentum. However, the crypto spotlight is currently on BlockDAG, with its super presale attracting significant interest. BlockDAG’s million-dollar presale has led analysts to project a $10 value for BDAG coins by 2025. Having sold 11.4 billion coins and reaching Batch 18, BlockDAG has solidified

Crypto News: BlockDAG Clinches $48.5M in Monumental Presale, Exceeding Cardano & XRP in Q2

June 12, 2024 4 mins read

BlockDAG is making waves in the cryptocurrency market with its presale reaching $48.5 million, reflecting a 1120% growth. Supported by key figures in the crypto industry, BlockDAG’s sustainable mining innovations significantly boost its investment profile. While Cardano deals with reduced Total Value Locked (TVL) and XRP faces ongoing legal hurdles, BlockDAG’s consistent growth and forward-looking strategies position it as the prime investment for 2024. BlockDAG sets the pace for profitability