XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple’s victory. Recent developments in the Ripple vs Securities and Exchange Commission (SEC) case appear to have bolstered investor confidence in XRP-tied investment products, according to investment data from CoinShares’ head of research James Butterfill. In its latest
Ripple CEO Brad Garlinghouse told attendees of the Paris Blockchain Week that the ongoing case with the SEC is going exceedingly well. Ripple CEO Brad Garlinghouse is increasingly optimistic that the long-running case with the Securities and Exchange Commission (SEC) will deliver a positive result for the blockchain-based global payments company. Speaking on the main stage…
Although this has been great for the majority of cryptocurrencies, it has not been the case for some coins like Ripple (XRP). It started the day with a 2% drop before assuming the current surge of about 1.96% at the time of writing. Ripple has had a roller coaster and no wonder the general price…
A combination of technical, fundamental and social sentiment indicators spell downside risks for XRP after its price rises over 8% week-to-date. Ripple‘s XRP price risks dropping by more than 25% in the coming weeks due to a multi-month bearish setup and fears surrounding excessive XRP supply.XRP descending triangleXRP has been consolidating inside a descending triangle pattern since topping out…
A fractal from 2018-2019 repeating could spell trouble for XRP’s long-term upside outlook, however. XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022.Why the XRP/USD 50-week EMA is keyOn Feb. 13, XRP/USD reached as high as $0.916, above its 50-week exponential moving…
Introduction Ripple is one of the leading blockchain platforms in the world. XRP, its native token, has a total market capitalization of more than $48 billion, making it the 7th biggest cryptocurrency in the world. It has remained consistently in the top ten for years. In this article, we will review what XRP is and …
As Ripple fends off SEC lawyers, XRP enjoys an explosive weekend pump Amid a weekend pump carrying multiple cryptocurrencies higher, Ripple’s XRP looks to be leading the way with a push as high as 30% on the daily — carried on the back of a string of legal victories and rumors of relisting at some…
From the launch of new digital asset products to CBDC rollout plans, here are the major event that unfolded in the crypto sector this week Bitcoin notches a new record high Bitcoin tested fresh waters ahead of the week as it broke above $60k over the weekend. The leading crypto by market capital pushed beyond…
XRP price looks to rebound above $0.40 following massive pump and dump The Ripple (XRP) price has recovered above $0.37 to see bulls eyeing an upward extension towards recent highs. The cryptocurrency is up about 4% in the past 24 hours, with its price action in the green following Monday’s pump and subsequent dump. At…
Kiss frontman and a known crypto fan Gene Simmons is bullish on several cryptos including Bitcoin, Ether, XRP and Dogecoin. Gene Simmons, a rock and roll legend and a known fan of cryptocurrencies like Bitcoin (BTC), has reaffirmed his bullish stance on crypto by purchasing several cryptos.The Kiss frontman said on Feb. 1 that he…
Despite filing fees of more than $400, a Ripple investor has launch legal action over a $48 loss. What’s going on? The Ripple community is at a loss to explain the motivation behind a class-action lawsuit filed by Florida man Tyler Toomey against Ripple Labs and Ripple CEO Brad Garlinghouse over a $48.56 loss.In November…
Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm. Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies. I’m not going to litigate the SEC’s unproven allegations…
The token has lost more value than former commodities trading giant Enron. The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions.According to Josh Frank of crypto-focused research company The TIE, the project is experiencing a…
Coinbase plans to suspend trading for the token on Jan. 19 but added it “may be halted earlier as needed.” Major cryptocurrency exchange Coinbase will suspend trading for XRP in response to the United States Securities and Exchange Commission taking legal action against Ripple.According to a blog post published today by Coinbase chief legal officer…
The commission is alleging Garlinghouse, Larsen and Ripple have participated in an “unregistered, ongoing digital asset securities offering” to investors since 2013. The United States Securities and Exchange Commission has taken legal action against Ripple as well as its CEO, Brad Garlinghouse,and co-founder Christian Larsen.In charges filed today in federal district court in Manhattan, the…
Despite the snapshot on Dec. 12 for the upcoming FLR airdrop event, XRP’s value has not gained much ground, staying put at around $0.50. While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over…
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