Ripple CEO Brad Garlinghouse announced the company’s much-anticipated new stablecoin, Real USD (RLUSD). Which happened at the XRP Ledger Community Summit 2024 (XRPL Apex) in Amsterdam. Further, the announcement was made during his keynote speech. That emphasizes Ripple’s ongoing journey with stablecoins and its dedication to expanding its ecosystem. Garlinghouse
Recent days have seen very unfavorable price movement in the cryptocurrency market, suggesting that gloomy sentiment has grown in the crypto industry. Additionally, leading cryptocurrencies exhibit the same pattern by registering a downward trend in their prices. Trading under a negative impact, the Ripple token’s price movement remains sluggish. There
The BRICS nations are moving on with their plan of currency sufficiency scheme by exploring the possibility of creating their own autonomous payment system. Amelia, a crypto aficionado, was the first to notice a research paper claiming that Russian President Vladimir Putin had declared the bloc’s alternative currency plan to
The crypto market is abuzz as BlockDAG positions itself as a front-runner. Its latest keynote showcased over 45 new updates and innovative marketing efforts. These developments solidify BlockDAG (BDAG) as a powerhouse in blockchain technology, with potential daily earnings reaching $5 million and the potential to hit 30,000x ROI. Concurrently,
The XRP community has been lively following a cryptic post by Ripple’s CEO, Brad Garlinghouse, which led to widespread speculation and anticipation after he posted a Chimpanzee artwork on his X account. The artwork “Laugh now, but one day XRP will power the world” features a downcast chimpanzee wearing a
Paul Grewal, chief legal officer of Coinbase, made the announcement on May 23 that New York consumers may trade XRP on the crypto exchange again after a nine-month break. Grewal mentioned in a social media post: “XRP trading on Coinbase is available again in NY. We heard you and put
XRP is displaying a recovery wave after surpassing the $0.5 mark. The price is striving to go above the $0.5050 resistance level; it could gain a bullish pace if it clears the $0.520 resistance level. At the time of writing, the token trades at $0.5165, an increase of 3.05% in
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
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
The market’s direction is frequently indicated by the calculated actions of experienced investors in the constantly changing world of cryptocurrency. In recent times, shrewd investors have sold their $1,000,000 worth of Ripple (XRP) holdings and instead focused on building up their holdings in Solana (SOL) and the new small-cap coin
