The XRP token surged over 15% in the last 24 hours after its issuer’s reports. Investor’s hope increased after Ripple well-placed in the winning position of the landmark case with the U.S. Securities and Exchange Commission on Tuesday. The SEC sued Ripple in 2020, alleging the firm sold unregistered securities.
Since Monday, the price of Ripple has been on an upward trend, rising in tandem with the price movement of Bitcoin and the overall bullish market trend. XRP’s price abruptly increased by 20% to beat the top 10 cryptocurrencies by market cap. The most recent price bull run for ripple
Ripple, a leading provider of crypto solutions announced their strategic partnership with Blockchain Fund Founders to develop the Web3-based startup. As a part of this, Ripple invested in the Singapore-based venture capital. Furthermore, the Funds will be used to support the blockchain companies in their early stage and has a
Today’s major mover was Ripple native cryptocurrency XRP, as prices surged for a fourth day of a green candle in a week. Less than 24 hours after trading at a low of $0.3864, XRP/USD soared to an intraday high of $0.3957. Following the recent rally, the 4th largest altcoin XRP,
While the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) prices declined, Ripple’s native crypto token XRP price surged over 3% in a day. At the time of writing, XRP traded at $0.3754 with a market cap of more than $19 billion, as per CoinMarketCap data. Finally, an end to Ripple’s
Ripple announced that it would contribute money to help those affected by the earthquakes in Turkey and Syria along with other businesses in the cryptocurrency sector. The commitment of $1 million in XRP by Ripple to help NGOs made public on February 15. According to estimates, a 7.8 magnitude earthquake
Montenegro’s Prime Minister Dritran Abazonic has stated that the country’s central bank would be working with Ripple to create a central bank digital currency (CBDC). While in Davos, Switzerland for the World Economic Forum, the country’s Prime Minister allegedly met with Ripple CEO Brad Garlinghouse and Vice President James Wallis.
A new President has been named at Ripple, a cryptocurrency firm. Former SVP/GM Monica Long has been named the company’s new President. Long has been a part of Ripple since 2013. In addition, the statement highlighted Long’s role in the development of the Ripple ecosystem, including her work on the
The US Securities and Exchange Commission filed a long-term action against Ripple in 2020. That contends the firm and its officials issued XRP cryptocurrency to investors without first registering it as a security. The series of hearings are already underway, and Ripple CEO Brad Garlinghuse has claimed that the disagreement
The lawsuit between blockchain firm Ripple and the Securities and Exchange Commission (SEC) has no specific date. And the parties are receiving increased attention from interested parties. And, in particular, defense counsel James Filan has revealed that the Ripple defendants have filed their answer in opposition to the SEC’s Motion
