XRP, on the verge of breaking its 2024 maximum price upwards

XRP is approaching $0.74. XRP’s all-time high is $3.84, reached in January 2018. XRP, the cryptocurrency issued by the Ripple company, is approaching its maximum price of the current year and could surpass that mark at any time. As seen in the following graph, The altcoin was 2 cents away from touching $0.74which is the … Read more

There are already three companies that want to launch an XRP ETF

The fund would be called 21Shares Core XRP Trust, and will not use leverage or derivatives. Canary Capital and Bitwise also asked the SEC for permission to launch their XRP ETF. This Friday, 21Shares formally filed to issue and trade its own exchange-traded fund (ETF) based on the price of the XRP cryptocurrency. The fund, … Read more

Ripple Co-Founder Donates $10 Million in XRP to Kamala Harris

Larsen believes Democrats must “take a new approach” to technological innovation. The executive has shown open support for Kamala Harris in her presidential race. Chris Larsen, co-founder of Ripple, donated $10 million in XRP tokens to Vice President Kamala Harris’ campaign. Larsen believes that the Democratic candidate “will ensure that American technology dominates the world.” … Read more

Will a bullish rally for XRP return or not? There are conflicting opinions

The future of XRP price remains uncertain. While some see bullish signs, there is also the possibility that the cryptocurrency issued by the Ripple company continues to stagnate. As can be seen in the TradingView chart below, XRP has yet to surpass its all-time high reached in January 2018, almost 7 years ago! XRP price … Read more

Ripple reveals the exchanges that will begin operations with its stablecoin

RLUSD will be available “globally” to institutions and users, Ripple says. Ripple appointed an advisory board with experts to launch RLUSD to the market. Ripple announced this Tuesday, October 15, that its stablecoin, RLUSD, will be available globally to institutions and users through seven bitcoin and cryptocurrency exchanges, as part of a strategic partnership. Platforms … Read more

“SEC maintains that XRP is a security,” exchange says in new legal twist on the case

A derivatives platform, regulated by the CFTC, will launch XRP futures. The lawsuit seeks to protect the industry from the SEC’s excess authority. Cryptocurrency derivatives exchange Bitnomial is taking the US Securities and Exchange Commission (SEC) to court, accusing it of overextending its jurisdiction by claiming that the XRP token, issued by the company Ripple, … Read more

Ripple files counterclaim against the SEC

Ripple wants to make sure “nothing is left on the table.” They hope that the Court of Appeals will “put a stake in the heart” of Gary Gensler’s actions. In a calculated response, Ripple Labs through its chief legal officer Stuart Alderoty, has today filed a counterclaim against the United States Securities and Exchange Commission … Read more

SEC leaves out essential form in its appeal against Ripple, complicating the case

The United States Securities and Exchange Commission (SEC) continues to confuse the cryptocurrency industry, first by the methods it uses to classify most digital assets as securities, and now, by failing to present a key document to the appeal the decision of federal judge Analisa Torres who ruled, last year, that the sales of the … Read more

Ripple Payments arrives in Latin America after alliance with Mercado Bitcoin

Ripple today announced its collaboration with Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, to launch Ripple Payments in Brazil. This partnership marks a turning point in the adoption of cross-border payments based on cryptoassets, seeking to optimize financial transactions for companies. Bitcoin market becomes the first client in Brazil in using … Read more

XRP returns to a historic resistance zone. How will its price continue?

The asset returned to the $0.50 zone where it has sideways and bounced several times. XRP could remain in this zone for some time, following historical patterns. The price of XRP, the cryptocurrency issued by the Ripple company, has fallen more than 10% in the last 24 hours. With this movement, it returned to a … Read more