Ripple's recent transfer of 60 million XRP tokens has stirred speculation within the XRP community, as many question whether the move is tied to the company's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). According to Whale Alert, Ripple moved the tokens in two separate transactions on ...
John Deaton, a popular pro-XRP lawyer and Republican candidate from Massachusetts, continues to gain momentum in his campaign against Senator Elizabeth Warren. Brian Armstrong, co-founder and CEO of Coinbase, is the latest high-profile figure to voice his support for Deaton while strongly criticizing Senator Warren for her stance on the ...
Crypto derivatives exchange Bitnomial has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), its chair Gary Gensler, and four commissioners, challenging the SEC’s jurisdiction over its XRP Futures product. Bitnomial alleged that the SEC's classification of XRP as a security, which led the agency to demand compliance ...
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 ...
