After receiving approval from more than 80% of validators, the “fixReducedOffersV1” amendment is now in an activation countdown phase of two weeks, signaling the advent of a significant XRPL upgrade. Users currently using rippled v1.11.0 or lower are advised by XRPScan to upgrade their systems in preparation for the arrival
As November began, the cryptocurrency market was led by bulls. Major cryptocurrencies including XRP have seen large price increases as a consequence of this revived bullish trend. According to Whale Alert’s reporting as of today, November 11th, a massive whale movement has occurred, with over 39 million XRP being transferred
Recent rumors have suggested that Ripple would file for an initial public offering (IPO) before the end of the year or before 2024. The cryptocurrency industry has lately been interested in rumors that Ripple is contemplating an initial public offering (IPO). But it seems like another crypto behemoth has its
XRP, a prominent cryptocurrency, has recently surged to a three-month high of $0.7132, with the rally starting in mid-October. Over the past month, XRP has experienced a remarkable 33% increase, and in just the last seven days, it saw a surge of 24%. Market analysts anticipate that this bullish trend
According to a recent announcement by Ripple, the XRP token has been approved by the Dubai Financial Services Authority (DFSA) as part of its virtual assets regime. According to the press release by Ripple, licensed enterprises in Dubai International Financial Centre (DIFC) may now include XRP into their virtual asset
Licensed Firms Can Now Incorporate XRP Into Their Virtual Asset Services DUBAI, UAE–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, today announced that the Dubai Financial Services Authority (DFSA) has approved the digital asset XRP for use within the Dubai International Financial Centre (DIFC). Licensed virtual asset firms
Things are starting to look up for XRP as the price continues its upward pace. For the last several weeks, the price has been rising. The XRP price has broken over the $0.6 level, as well as the 50-day and 200-day moving averages. In addition, the relative strength indicator has
Joseph Grundfest, a former U.S SEC commissioner and current professor at Stanford Law School, has been revealed to have strongly opposed the SEC’s action against Ripple due to the far-reaching consequences of the case. In a letter dated December 2020, Grundfest urged former SEC commissioner Jay Clayton not to sue
Experts have predicted that, despite XRP’s success in the litigation between Ripple Labs and the U.S. SEC, it is still significantly undervalued in comparison to other leading cryptocurrencies. Now, XRP is likely to play a pivotal part in projects funded by Ripple Labs, such as international payments and settlements. With
John Deaton, an attorney and cryptocurrency advocate, has said that the ‘Spend The Bits’ protocol on the XRP Ledger (XRPL) is superior to the Lightning Network. Lightning is Bitcoin’s layer-2 scalability solution. Off-chain, peer-to-peer transactions are enabled, which increases Bitcoin’s scalability and efficiency. Deaton announced his status as an angel
