Your Daily Digest of Global Stories
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…
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…
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,…
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…
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…
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…
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…
The SEC seeks to appeal the final ruling handed down by U.S. District Judge Analisa Torres. It alleges that the decision conflicts with Supreme Court precedents and securities laws. The United States Securities and Exchange Commission (SEC) presented this October 2 an appeal to the decision of federal judge Analisa Torres who ruled, last year,…
Bitwise registered a trust entity, which is a step prior to applying. XRP ETFs have been rumored for several months now. Investment firm Bitwise took a step towards creating an exchange-traded fund (ETF) based on XRP, the cryptocurrency issued by Ripple. The company registered a trust entity in Delaware, a move that precedes the formal…
Asset management firm Grayscale Investments has officially launched the Grayscale XRP Trust, a move that allows investors to increase their exposure to XRP, the cryptocurrency issued by Ripple. In a releaseGrayscale indicated that the fund is now available to eligible individual and institutional accredited investors. Also, that It works in a similar way to other…
