Ripple’s Response to SEC’s Appeal Request in XRP Lawsuit

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Ripple, the San Francisco-based blockchain payments firm, is standing its ground in the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC had sought an interlocutory appeal in the case, but Ripple’s legal team is challenging this move, asserting that the regulatory body has not met the necessary requirements to file an appeal. Ripple has formally opposed the SEC’s request to appeal the ruling that cleared

$XRP and $LTC Drop By Over 17%

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In the dynamic world of cryptocurrencies, another significant downturn has shaken the trillion-dollar market, witnessing a drop of over 6% in the past 24 hours. This latest dip has caught the attention of investors and enthusiasts alike, with leading crypto giants Bitcoin (BTC) and Ethereum (ETH) taking a hit and falling below key price levels—BTC dipping below $26,500 and ETH dropping below $1,700. Amid this market-wide decline, Ripple’s XRP and

XRP Temporarily Soars to $50 on Gemini Amid Speculation of Relisting Anomaly

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Crypto enthusiasts and traders were taken on a rollercoaster ride of price fluctuations as Ripple’s XRP token made a triumphant return to the Gemini crypto exchange. Within hours of its relisting, users reported witnessing unusual price behavior, sparking both intrigue and speculation within the crypto community. Shortly after Gemini’s announcement of relisting XRP for deposits and trading, astute users flocked to the platform to catch a glimpse of the token’s

XRP Price Dips to Massive Whale Selling Over 100 Million Tokens

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Recent actions by massive XRP whale wallets have sent shockwaves through the market, as some of the largest XRP holders have offloaded more than 100 million tokens. This substantial sell-off has exerted significant downward pressure on the XRP price, sparking a chain reaction in the cryptocurrency’s value. The behavior of cryptocurrency whales, those holding substantial amounts of tokens, often provides insights into broader market sentiment. When whales decide to liquidate

XRP Token Loses 3.30% of Value After Partial SEC Case Victory

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Following a partial victory in the SEC case, the XRP price experienced a significant surge, climbing from $0.46 to $0.92, eliciting excitement among investors. However, after the initial wave of enthusiasm subsided, the XRP price settled around $0.6858. In recent minutes, a new development has shaken the market, leading to increased volatility in the XRP price, causing the token to suddenly lose 3.30% of its value. The recent partial victory

Ripple Announces Strategic Alliance with Island Nation

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Ripple, the blockchain technology company, has been making significant strides in the aftermath of its important victory against the SEC in the SEC-XRP lawsuit. The latest development comes in the form of a groundbreaking partnership with Palau, an island country in the Pacific. Palau’s government has joined forces with Ripple to pilot a US dollar-backed stablecoin on the XRP Ledger. The partnership between Ripple and Palau marks a significant step

Ripple CEO Brad Garlinghouse Slams SEC for ‘Regulation by Enforcement

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The CEO of Ripple, Brad Garlinghouse, has publicly criticized the US Securities and Exchange Commission (SEC) in response to recent comments suggesting a potential appeal in their ongoing case against Ripple Labs. Garlinghouse’s sharp rebuke centers around the SEC’s “regulation by enforcement” approach, which he believes is detrimental to retail investors. On July 23, Brad Garlinghouse openly denounced the SEC’s “regulation by enforcement” policy, asserting that it harms retail investors.

Ripple Labs Applies for Crypto Asset Registration in the UK

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Ripple, the payment protocol, has taken a significant step in its global expansion plans by applying for registration as a crypto asset firm with the United Kingdom’s Financial Conduct Authority (FCA). Additionally, the company is seeking a payments license in Ireland, further solidifying its massive investment in the region. This move comes on the heels of a recent partial win against the United States Securities and Exchange Commission (SEC) over

XRP Price Skyrockets 10%, Boosting Altcoin Market While Bitcoin Dominance Wanes

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In the ever-evolving world of cryptocurrencies, Ripple’s XRP continues to gain momentum, outperforming Bitcoin (BTC) and leading the pack of smaller tokens. In the past 24 hours, XRP surged by 10%, solidifying its position as one of the top cryptocurrencies by market capitalization. The recent favorable ruling in the ongoing court battle with the Securities and Exchange Commission (SEC) has played a significant role in boosting XRP’s appeal to investors.

iTrustCapital Relists XRP Following Judge’s Ruling in Ripple-SEC Lawsuit

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iTrustCapital, a prominent US-based platform specializing in cryptocurrency and precious metals trading, has announced its decision to relist XRP, the native token of the Ripple network. This move comes in response to the recent statement by the judge overseeing the ongoing lawsuit between Ripple and the Securities and Exchange Commission (SEC), ruling that the sale of XRP on exchanges does not constitute securities. After delisting the Ripple token from its

Coinbase Relists XRP Following Favorable Ruling in SEC Lawsuit

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In a significant development for the cryptocurrency market, leading exchange Coinbase has announced that it will relist XRP. The decision comes after a favorable ruling from U.S. District Judge Sarah Netburn, who found that the sale of XRP on exchanges does not fall under the category of security. Coinbase delisted XRP in January 2021, citing the ongoing legal battle between Ripple and the SEC. The SEC lawsuit alleges that Ripple

Binance Delists XRP Leveraged Tokens Amid SEC Lawsuits

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Leading cryptocurrency exchange Binance has made the decision to delist its XRPUP and XRPDOWN leveraged tokens as of July 25 at 6 am UTC. This move comes in the wake of lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against both Binance and Ripple Labs regarding the alleged sale of unregistered securities. According to Binance’s announcement, the leveraged tokens offering users exposure to long or short positions on