SEC Ripple Case Update: Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) has taken a new turn, with the company seeking a stay on the $125 million penalty recently imposed. This comes amid rising concerns over a possible SEC appeal following the recent ruling in favor of
Ripple’s XRP has embarked on a notable upward trajectory since the week’s commencement, signaling a resurgence in buying sentiment within the cryptocurrency market. This positive price action coincides with a significant technological development: the expansion of Ethereum-compatible smart contracts to the XRP ledger. This enhancement promises to unlock new possibilities
Ripple, a leading blockchain-based digital payment network and protocol, has announced significant advancements in Korea and Japan. The company has forged valuable partnerships with a plan to enhance the adoption and functionality of blockchain technology across institutions in these regions. In a long X (Twitter) thread today, Ripple revealed that
The price of XRP dropped amid Ripple releasing 1 billion tokens from escrow. By implementing a strategy to manage the token supply over the long term, this measure seeks to increase market transparency and predictability. The market’s rapid reaction made investors understandably apprehensive, notwithstanding this objective. On September 1st, Ripple
In the wake of Ripple unlocking 1 billion tokens from escrow, the price of XRP fell. This action aims to improve market predictability and transparency via a long-term plan for managing the token supply. Despite this goal, investors were understandably wary based on the market’s quick response. With its well-coordinated
Ripple’s XRP finds itself in a precarious position as its price continues to hover around the $0.60 mark, a level it has struggled to break free from for the past month and a half. This prolonged period of stagnation is gradually eroding bullish sentiment, potentially setting the stage for a
In a few weeks after beginning beta testing, Ripple minted the first tokens of its forthcoming stablecoin, RLUSD, on Ethereum and the XRP Ledger. With the announcement of their new stablecoin, Ripple made their first foray into the $177 billion stablecoin market earlier this year. The token’s release was long
Ripple’s XRP has demonstrated remarkable stability in the face of a substantial token transfer to Binance, defying typical market reactions to such events. The movement of 33 million XRP tokens, valued at approximately $20 million, to a Binance wallet on Tuesday failed to trigger the expected market volatility. This muted
Ripple’s XRP has staged a remarkable comeback, breaching a critical resistance level that has historically acted as a bulwark against major corrections. This resurgence has ignited a wave of optimism among investors, aligning with observed patterns of positive market behavior and setting the stage for potential further gains. The Relative
Ripple’s XRP has staged a remarkable comeback, eyeing the $0.60 threshold for the first time in ten days and emerging as the top gainer among the cryptocurrency elite. This surge over the past 24 hours not only aligns with a broader market recovery but also raises intriguing questions about XRP’s
