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Search Results for: xrp

XRP’s Breakout Potential: Analyzing Ripple’s Market Position

Ripple’s XRP finds itself at a critical juncture as the cryptocurrency market enters the third week of October on a positive note. With the broader market experiencing its third consecutive day of positive inflows, major tokens have regained upward momentum in their valuations. XRP, currently trading at $0.54, stands on

October 16, 2024 1 min read

XRP Price Fails to Recover Following US SEC Appeal Impact

The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The

October 14, 2024 2 mins read

Ripple On-Chain Data Suggest Extended Rally Potential For XRP

Ripple’s XRP has experienced a notable uptick in both price and trading volume, with a 50% increase in market activity over the past 24 hours. This positive momentum comes in the wake of Ripple’s announcement to file a cross-appeal in its ongoing legal battle with the U.S. Securities and Exchange

October 11, 2024 2 mins read

Bitnomial Sues SEC Over XRP’s Classification as a Security

Bitnomial, a Chicago-based cryptocurrency derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The filing challenged the assertion of the SEC that XRP futures should be classified as “Security Futures.”  Bitnomial’s lawsuit is the second case filed against the SEC this week. Crypto.com, a digital

October 11, 2024 2 mins read