Ripple Labs is gearing up to challenge the U.S. Securities and Exchange Commission's (SEC) appeal of a recent court ruling that declared its retail sales of XRP did not violate securities laws. Ripple's CEO, Brad Garlinghouse, voiced his frustration in an October 3 post on X, vowing to fight the ...
Bitwise is reportedly preparing to file for an XRP exchange-traded fund (ETF) with Delaware's Department of State's Division of Corporations. According to Nate Geraci, a well-known cryptocurrency analyst, this move is a strategic political decision, likely timed to coincide with the upcoming U.S. elections in November 2024. Geraci, who expressed ...
XRP has experienced a surge in the past few days, reaching a high not seen since March, despite ongoing worries about a possible U.S. Securities Exchange Commission (SEC) appeal set for October 7, 2024. Over the weekend, the price of XRP surged from $0.59 on Friday to a peak of ...
Ryan Lee, Chief Analyst at Bitget Research, has highlighted the potential of Grayscale's newly launched XRP Trust as a stepping stone towards a future XRP exchange-traded fund (ETF). Grayscale officially introduced the Grayscale XRP Trust on September 12, offering accredited investors a new way to gain exposure to XRP. Like ...
Ripple's CEO, Brad Garlinghouse, has described the verdict in the legal battle between his company and the U.S. Securities and Exchange Commission (SEC) as a win for both the company and the U.S. crypto industry. "This is a victory for Ripple, the industry, and the rule of law," Garlinghouse wrote ...
Two substantial XRP transactions, involving over 77,019,515 tokens worth $39.8 million, were conducted today, Monday, June 3, 2024, by an anonymous wallet, as reported by the on-chain blockchain analytics platform Whale Alert today. According to the analytics platform, the first transaction occurred from the Binance exchange to an unknown wallet ...
XRP has plummeted to a three-year low against Bitcoin, sparking speculation among investors about a potential turnaround and buying opportunity. According to TradingView data, the XRP/BTC pair is currently trading at $0.52 compared to Bitcoin's $62,175, marking levels last seen in April 2021. Also, XRP has been on a downward ...
Ripple has collaborated with SBI Group and HashKey DX to bring its blockchain solutions, XRP Ledger, to businesses in Japan. The blockchain firm announced the strategic partnership in a press release on its blog and a social media post on April 30, 2024. According to the announcement, HashKey is partnering ...
Whale Alert has reported a significant "accumulation" transaction related to Ripple's XRP despite a perceived lack of interest in the token. According to the on-chain analytics platform’s report on Monday, April 29, 2024, an anonymous whale has strategically transferred a precise amount of 23,037,429 XRP tokens (equivalent to $11,550,284 at ...
Top Ripple executives have once again criticized the United States Securities and Exchange Commission (SEC) for its lack of clarity in regulating digital assets, particularly in light of the uncertainty surrounding the agency's stance on approving an Ethereum ETF. On March 22, Ripple Labs Chief Executive Officer (CEO) Brad Garlinghouse ...
