Sat, June 27

XRP Price Fails to Recover Following US SEC Appeal Impact

The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The

October 14, 2024 2 mins read

Ripple On-Chain Data Suggest Extended Rally Potential For XRP

Ripple’s XRP has experienced a notable uptick in both price and trading volume, with a 50% increase in market activity over the past 24 hours. This positive momentum comes in the wake of Ripple’s announcement to file a cross-appeal in its ongoing legal battle with the U.S. Securities and Exchange

October 11, 2024 2 mins read

Ripple Debuts Crypto Custody Amid XRP Legal Battle

Ripple has launched new crypto custody services aimed at helping banks and fintech firms store digital assets. Announced on Thursday, the services are part of the company’s Ripple Custody division, offering features such as integration with Ripple’s XRP Ledger blockchain, enhanced anti-money laundering (AML) monitoring, and an improved user interface.

October 10, 2024 2 mins read

Ripple Launches RLUSD, Challenges Other Stablecoin Contenders

The stablecoin market has reached a pivotal juncture, with total liquidity hitting unprecedented levels, according to the latest CryptoQuant report. This surge in stablecoin value, now totaling $169 billion, represents a 31% increase year-to-date, adding $40 billion to the market. This growth not only signals increased confidence in digital assets

October 9, 2024 2 mins read

Canary Capital Files for Spot XRP ETF Approval with SEC

Canary Capital, a digital asset investment firm, has officially filed a registration for a spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). The firm initiated this move a week after Bitwise filed its own S-1 registration for an XRP ETF.  Canary Capital became the second firm to

October 9, 2024 2 mins read

Ripple (XRP) Rebounds From $0.5 But Struggles To Break Beyond Current Range

During the weekend, XRP saw a bullish trend across the cryptocurrency market. Ripple staged a notable rebound from the $0.5 support level. However, this recovery has faced resistance, leaving the token in a state of uncertainty. The ongoing Ripple vs. SEC lawsuit continues to cast a long shadow over XRP’s

October 7, 2024 1 min read

XRP Price Consolidates After Finding Support at $0.51 Amid High Volatility

After a court ruling in favor of Ripple in 2023, the US Securities and Exchange Commission (SEC) recently decided to appeal the case. In the hours that followed, XRP’s price plummeted, even though there was hope for a possible US-based XRP ETF. The SEC’s war against Ripple and the crypto

October 6, 2024 1 min read

Ripple (XRP) Price Drops Following SEC Appeal On Federal Ruling

Ripple’s XRP finds itself navigating turbulent waters following the Securities and Exchange Commission’s (SEC) appeal against a federal ruling that had previously classified XRP tokens as non-security assets. This legal development has dealt a major blow to the cryptocurrency, effectively erasing its gains from the previous month and resetting the

October 4, 2024 2 mins read