In response to claims that Ripple’s monthly escrow XRP release dampened the cryptocurrency’s price performance over the last five years, legal expert Bill Morgan has cast doubt on that assertion. The ongoing discussion about XRP’s dismal performance over the last five years came to a head when a crypto fan
Whales engaged in two major transactions at once, sending XRP tokens to both centralized exchanges and anonymous wallets. In the wake of the rise in whale moves, the price of XRP also saw minor declines. Two huge transactions took place recently, according to the data revealed by Whale Alert. An
XRP’s latest price spike highlights the willingness of its believers to buck the severe bearish momentum. Even while XRP has maintained a link with Bitcoin, its recent price movement, based on its prior performance, implies it is poised for independent progress. In a daring move, leading crypto innovator DeFi Technologies
News of a confidential SEC meeting this week covering enforcement proceedings and litigation actions has revived settlement speculation within the Ripple community. The undisclosed November 30th agenda comes amidst key phases in Ripple’s ongoing legal battle with the regulatory body over XRP’s status. While no parties are named, the slated
Ripple chief technology officer David Schwartz sparked intrigue this week with a tweet declaring his love for the Ripple team. The post mimicked language used by ousted OpenAI CEO Sam Altman amid leadership turmoil at the artificial intelligence startup. Following Altman’s controversial removal, he tweeted, “I love the OpenAI team
The XRP Ledger, the blockchain behind the XRP cryptocurrency, has reached a new milestone by closing its 84 millionth ledger transaction. According to data from analytics platform XRPScan, the XRP Ledger’s current ledger count stands at over 84 million. This comes just six weeks after the ledger closed its 83
Ripple’s Lead Product Manager Jasmine Cooper believes that the upcoming launch of the Automated Market Maker (AMM) on the XRP Ledger (XRPL) would significantly increase adoption and demand for XRP. Eri, a well-known member of the XRP community, recently posted an interview in which Cooper discussed the possible influence of
Ripple’s Chief Legal Officer Stuart Alderoty responds sharply to comments made by U.S SEC Chairman Gary Gensler. The SEC chair, in a recent address, echoed the first Chair of the SEC, Joseph P. Kennedy, who emphasized the agency’s role as both a partner to honest businesses and a prosecutor of
A highly realistic deepfake video impersonating Ripple CEO Brad Garlinghouse has recently emerged, attempting to deceive XRP investors into participating in a fake giveaway scam. The video, featuring a voice that accurately mimics Garlinghouse, promotes a fraudulent “community support initiative” that promises to double any XRP deposits over 1,000. This
In his last remarks at the recently ended Ripple Swell Conference in Dubai, Ripple Labs Inc. CEO Brad Garlinghouse hinted at what he sees as the next step for the cryptocurrency sector. According to Garlinghouse, the regulatory pattern chosen over the crypto business in the U.S SEC needs to alter.
