Ripple

Why You Should Avoid Polygon (MATIC) and Ripple (XRP) Like the plague in 2024 and the Crypto Priced Under $1, Analysts Say Will Lead Altcoin Season

Cryptocurrency investors constantly seek the next big opportunity, the diamond in the rough that promises astronomical gains. However, in pursuing such opportunities, it’s crucial to steer clear of certain pitfalls. Two such pitfalls in 2024 are Polygon (MATIC) and Ripple (XRP). Despite their previous prominence, recent developments indicate that these

May 14, 2024 4 mins read

Tether CEO Responds to Ripple's Caution on Potential Government Scrutiny

Tether CEO Responds to Ripple’s Caution on Government Scrutiny

In a recent exchange between cryptocurrency industry leaders, the Tether CEO replied for comments made by the Ripple CEO, shedding light on the stability and compliance measures of the stablecoin amidst speculation of government scrutiny. Brad Garlinghouse, CEO of Ripple, had suggested a potential investigation by US authorities into Tether,

May 13, 2024 2 mins read

Ripple CEO Warns of US Government Targeting Tether, Potential Impact

According to Ripple CEO Brad Garlinghouse, the US government is “going after” USDT stablecoin issuer Tether, which might have unforeseen consequences for the cryptocurrency market. In the same vein as the collapse of FTX and the following revelation of fraud committed by its leadership, Garlinghouse said on a May 10

May 13, 2024 2 mins read

Ripple CLO Evaluates SEC's Retraction of 'Absurd' $2B Penalty Demand

SEC Dismisses Ripple’s Defenses, Highlights Concerns Over Future Breaches

In the ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC), significant progress has been made as both parties filed their final replies in the lawsuit’s remedies stage. The SEC challenged Ripple’s assertion of acting without recklessness and argued against any “widespread uncertainty” regarding

May 8, 2024 1 min read

Ripple and HashKey DX Forge Alliance to Bring XRPL Solutions to Japan

Ripple, a prominent player in the blockchain and crypto sector, has forged a strategic alliance with HashKey DX, the consulting arm of HashKey Group based in Tokyo. This partnership aims to introduce innovative solutions powered by the XRP Ledger (XRPL) to the Japanese market. Leveraging this partnership, HashKey DX will

April 30, 2024 1 min read

Ripple’s CTO Reassures Community: XRP Still Vital Despite Stablecoin Introduction

David Schwartz, Ripple’s CTO, has reaffirmed the ongoing significance of XRP within the company’s ecosystem, in response to concerns within the XRP community regarding Ripple’s recent foray into stablecoin development. With the recent announcement of a dollar-pegged stablecoin, some speculated about the future role of XRP. However, Schwartz clarified that

April 25, 2024 1 min read

Ripple (XRP) and Cardano (ADA) Will See Modest Gains, but 2024 Crypto Millionaires Will Come From This Coin

Investors are always on the lookout for the next big opportunity in the world of cryptocurrency, where trends shift and prices fluctuate. While established coins like Ripple (XRP) and Cardano (ADA) may offer modest gains in 2024, the real game-changer for crypto millionaires could come from a lesser-known but rapidly

April 6, 2024 4 mins read

Ripple Eyes Stablecoin Market, Plans to Launch USD-Backed Stablecoin

In an effort to gain market share in the next five years, Ripple, the issuer of XRP, has revealed intentions to establish a stablecoin backed by the US dollar. The goal is to compete with Tether and Circle. Preceding the release, which details plans for the stablecoin initially issued on

April 5, 2024 1 min read

SEC Dismisses Ripple's Defenses, Highlights Concerns Over Future Breaches

SEC Seeks $1.95B Settlement from Ripple in Proposed Final Judgment

The U.S SEC has asked a New York court to consider the “severity” of Ripple Labs’ misbehavior as it seeks a settlement of almost $2 billion from the company. The SEC requested Judge Analisa Torres to authorize the fine. It comprises $876 million in disgorgement, $198 million in prejudgment interest,

March 27, 2024 1 min read

XRP at Crossroads: Technical Indicators Paint Mixed Picture After 181% Monthly Surge

RippleX Warns Users About Technical Issue in XRP Ledger’s AMM Pools

A problem with the XRP Ledger’s Automated Market Maker (AMM) pools was brought to light by RippleX, the company’s development arm. Management has notified customers about fund deposits since this malfunction impacts transactions and pools. A twitter post states that the technical team at RippleX has found a problem with

March 25, 2024 1 min read