For many years, XRP was the second most valuable cryptocurrency. BNB is the next rival to surpass for XRP. The price of XRP, the digital currency issued by the Ripple company, increased by 95% over the last 7 days and displaced dogecoin (DOGE) from sixth place in the ranking of the most valuable cryptocurrencies in … Read more
XRP’s momentum is also given by the selling of investors trying to take profits. XRP reached $1.26, a price not seen since November 2021. The XRP cryptocurrency reached a price of $1.26 this week, a value not seen since November 11, 2021, driven by the activity of large holders. Santiment, a market analysis firm, suggests … Read more
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
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
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
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
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
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 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
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