After the cryptocurrency exchange Coinbase was granted approval after submitting an amicus brief in favor of the defendants, the price of Ripple’s native token, XRP, spiked. More amicus briefs have now been filed in support of the Summary Judgment motion. Because of this, whales have been increasing their holdings of
Ripple has teamed with MFS Africa, a leading fintech company with the largest mobile money reach in Africa, to streamline real-time mobile payments for its consumers across 35 nations. To facilitate transactions on its platform, MFS Africa will leverage Ripple’s on-demand liquidity product ODL, which uses XRP to support international
Ripple, a blockchain payments firm, was sued by the SEC in December 2020. The lawsuit has been ongoing for over two years now. Ripple has gained support from a wide range of firms. A significant side issue in the continuing lawsuit between Ripple and the U.S. Securities and Exchange Commission
The news was confirmed by Ripple’s development team, who advised XRP holders to treat themselves to NFTs on the XRP Ledger. The XRP Ledger was the first blockchain to allow asset tokenization. Whether fungible or non-fungible, the XRP Ledger’s built-in tokenization capability and built-in decentralized exchange (DEX) are perfect for
As the price of XRP recently dropped, more than 205 million XRP were purchased. Positive developments in the critical long-running case are also a factor. Although the overall value of digital currencies has been falling over the previous 90 days, Ripple’s native token, XRP, has been one of the best
The commission moved to submit its Memorandum in Opposition to the Ripple Defendants. The records were obtained after more than 18 months and six court demands. Important papers pertaining to the Hinman Speech were ultimately released to the Defendants by the U.S. Securities and Exchange Commission (SEC). The commission moved
The fund’s initial group of investors was announced in April and this is the second. Ripple is still allocating all $250 million, despite the continuing bear market. Ripple has revealed the next round of grantees of its $250 million Creator Fund. The one which is dedicated to support the growth
The sidechain is currently operational on the XRPL Devnet. Adding a permissionless EVM sidechain to the XRPL Devnet is the next step. Interestingly, on Monday, Ripple announced the release of a critical smart contract developer bridge to Ethereum. The firm unveiled the first iteration of the XRP Ledger Ethereum Virtual
It is surprising to witness a wide adoption of cryptocurrencies around the world despite the continuous bear market. As one of the strongest performers in the market, Ripple has new initiative plans to expand its On-Demand Liquidity (ODL). In order to spread its market, Ripple entered Europe partnering with prominent
XRP has increased by nearly 57.26%, in the last 30 days. The current price of XRP is $0.5191, which surges up to 5.93% in the last 24 hours. One of the leading altcoins, Ripple (XRP) is continuing to showcase bullish price actions in the global cryptocurrency market. XRP constantly witnessed
