The SEC is tightening its stance in the crypto world. The US regulator demands $2 billion from the crypto company Ripple.
The Ripple-SEC legal battle experiences a double twist: an agreement to seal the key details of the upcoming sessions, and a report from the ECGI asserting XRP's utility crypto status. This could influence the outcome of the trial and the future of Ripple.
As the crypto market faces a sharp decline, XRP stands out with a remarkable 125% increase in trading volume and the appearance of its first "golden cross" of the year. This unexpected performance is sparking optimism among investors and analysts.
In a context of a general surge in the crypto market, XRP, the native cryptocurrency of Ripple, seems to be facing a particular situation. While several cryptos have managed to reach their all-time price high again, XRP is struggling to follow the trend. The asset raises concerns related to its depreciation over the past 6 years.
The past week has been particularly rich in major developments for the crypto sector. From the imminent Bitcoin halving that promises to reshape the mining landscape to the announcement of the successful deployment of the Dencun upgrade on Ethereum's testnets, along with Binance's asset recovery initiatives and Ripple's legal challenges, each event carries the potential to redefine the future of the crypto market. This article provides an overview of the most significant news and gives you an essential insight to understand current dynamics and anticipate future movements in the crypto space.
The crypto firm Ripple has not yet ended its legal battle with the SEC when another lawsuit could involve it. Ripple is accused by individuals and companies of "illegally" selling them XRP. Here is what is specifically at issue in the context of what appears to be a class action lawsuit.
The revelations about Ripple are emerging as XRP struggles to regain its value and momentum.
The year 2024 is distinguished by significant developments in the cryptocurrency sector. Between Bitcoin's halving, Ripple's expansion in crypto custody, and strategic collaborations such as Solana and Filecoin, the crypto landscape is experiencing unprecedented dynamics. These developments, along with Bitcoin's rise in the global asset rankings and increased commitment from Ethereum, as well as calls for appropriate regulation of Bitcoin ETFs by U.S. banks, reflect a growing maturity and integration of cryptocurrencies into the global financial system. Here is a summary of the most notable news from the past week.
Ripple (XRP) investors have hope as the crypto shows signs of recovery after a long bearish period.
Despite the legal challenges it is involved in, the crypto firm Ripple wants to expand its operational scope. Latest news has it that the company wants to venture into the crypto custody segment. The company still needs to obtain regulatory approval.
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Despite the hope of XRP investors, analysts are pessimistic about a possible ETF backed by this crypto in the near future.
"XRP crypto is approaching an annual support. This could represent a buying opportunity. Two other altcoins to watch."
"SEC vs crypto giant Coinbase: Ripple's Chief Lawyer, Alderoty, denounced that the regulator made a major mistake."
US banks are diving into the magic of Ripple's XRP, speeding up international payments for an enchanting financial future.
Bitfinex thwarted a $15 billion XRP attack, preventing a major cryptocurrency theft from its vault.
Ripple transferred 100 million XRP to intermediary accounts. A preparation for the approval of the Bitcoin ETF?
The imminent approval by the SEC of the first Bitcoin cash ETF in the United States could usher in a new era for cryptocurrencies. According to Steve McClurg, Chief Investment Officer at Valkyrie Funds, Ethereum and Ripple ETFs could quickly follow.
Throughout 2023, Ripple, the crypto company behind XRP, maintained a growth rate among the most notable in the crypto ecosystem. The question now is whether in 2024, Ripple could continue to make headlines in terms of performance and adoption. This remains possible under certain conditions.
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Crypto analyst Ben Armstrong has recently warned investors against prematurely selling Ripple (XRP).
Not long ago, the crypto firm Ripple had released a portion of its reserves in XRP, raising questions about potential impacts on the XRP market. New transactions of the same type carried out by Ripple and involving anonymous wallets have caught the attention of the crypto community.
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The founder of the crypto firm Cardano, Charles Hoskinson, is opposed to any crypto collaboration involving this blockchain and Ripple's XRP. In a recent media release, the CEO discussed the reasons underlying this position, which he does not seem willing to change.
Central Bank Digital Currencies (CBDCs) are not popular. They are strongly criticized for the threats they pose to individual privacy. However, the crypto firm Ripple has just released a white paper that promotes the utility of these controversial assets.
Mike Novogratz, the CEO of Galaxy Digital, was until now known for being a critic of Ripple's XRP. The expert has, however, changed his mind regarding the relevance of this cryptocurrency, publicly admitting that he was wrong.
In recent weeks, all eyes have been on Ripple (XRP). In the ecosystem, most investors are anticipating an imminent explosion in the crypto's value, due to the developments in the ongoing lawsuit between Ripple and the SEC. Indeed, as discussions continue between the two parties, the XRP market is buzzing. XRP activity has reached a record high not seen since August. Details here.