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Search Results for: xrp

Ripple Debuts Crypto Custody Amid XRP Legal Battle

Ripple has launched new crypto custody services aimed at helping banks and fintech firms store digital assets. Announced on Thursday, the services are part of the company’s Ripple Custody division, offering features such as integration with Ripple’s XRP Ledger blockchain, enhanced anti-money laundering (AML) monitoring, and an improved user interface.

October 10, 2024 2 mins read

Canary Capital Files for Spot XRP ETF Approval with SEC

Canary Capital, a digital asset investment firm, has officially filed a registration for a spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). The firm initiated this move a week after Bitwise filed its own S-1 registration for an XRP ETF.  Canary Capital became the second firm to

October 9, 2024 2 mins read

Ripple (XRP) Rebounds From $0.5 But Struggles To Break Beyond Current Range

During the weekend, XRP saw a bullish trend across the cryptocurrency market. Ripple staged a notable rebound from the $0.5 support level. However, this recovery has faced resistance, leaving the token in a state of uncertainty. The ongoing Ripple vs. SEC lawsuit continues to cast a long shadow over XRP’s

October 7, 2024 1 min read

XRP Price Consolidates After Finding Support at $0.51 Amid High Volatility

After a court ruling in favor of Ripple in 2023, the US Securities and Exchange Commission (SEC) recently decided to appeal the case. In the hours that followed, XRP’s price plummeted, even though there was hope for a possible US-based XRP ETF. The SEC’s war against Ripple and the crypto

October 6, 2024 1 min read

Ripple (XRP) Price Drops Following SEC Appeal On Federal Ruling

Ripple’s XRP finds itself navigating turbulent waters following the Securities and Exchange Commission’s (SEC) appeal against a federal ruling that had previously classified XRP tokens as non-security assets. This legal development has dealt a major blow to the cryptocurrency, effectively erasing its gains from the previous month and resetting the

October 4, 2024 2 mins read