The recent ruling in favor of XRP has dispelled any negative regulatory challenges it had been facing, resulting in a head-turning rally over nearly 100% in 24 hours. Enough people are now paying attention to Ripple’s cryptocurrency, that it’s starting to pull capital from Bitcoin and Ethereum. And according to the charts of the three
XRP
Decentralized Web 3 cross-chain router allegedly under control of one-man Imagine a system where all your money is controlled by one man and his family and when there is cause for concern, the propaganda machine immediately goes ‘brrr’ to put on a facade that everything is just fine despite some alarming withdrawls. Sounds more like
The Ripple ruling has positioned John Reed Stark, the former director of the U.S. Securities and Exchange Commission Office of Internet Enforcement, as a prominent cautionary figure in the cryptocurrency industry. Though the SEC has generally been considered to have suffered by the judgment, Stark has expressed reservations about its stability and the likelihood of
A former federal prosecutor turned chief executive of a crypto-focused venture capital fund says she would be “surprised” if the United States securities regulator lodges an immediate appeal against the Ripple case ruling, as it currently benefits from lack of “legal clarity.” On July 13, Judge Torres granted a partial summary judgment in favor of
Top Stories This Week Judge rules XRP is not a security in SEC’s case against Ripple Ripple Labs scored a victory in a district court in New York on July 13, with Judge Analisa Torres ruling partially in favor of the company in a case brought forth by the U.S. Securities and Exchange Commission (SEC)
Ripple CEO Brad Garlinghouse has stated that the recent federal court ruling has confirmed that XRP is “not a security”. The ruling provides the digital payments company with greater flexibility to pursue various business opportunities across the globe. Speaking on Bloomberg TV, Garlinghouse expressed relief that the company could now promote the various use cases
Cardano (ADA) experienced a remarkable price surge of 23.9% on July 13, leaving investors curious about the potential for further gains. This significant rally comes on the heels of a favorable judicial decision regarding XRP, leading many to question if ADA has what it takes to break above the $0.40 mark. Cardano 1-day price in
The price of XRP (XRP) has skyrocketed in the aftermath of a federal court ruling saying that its sales on crypto exchanges complied with U.S. securities laws. On July 14, XRP price retreated by about 10% to $0.76, but compared to its lowest price the previous day, it was still up around 65%. Related: Why
In a surprise victory in court, XRP has been declared “not a security.” The win immediately resulted in an abrupt change in sentiment surrounding altcoins. Although the ruling only impacted the Ripple case outcome, it could have a lasting influence on the rest of the space, and spark a sudden altcoin season seemingly out of
The impending ruling in the high-profile legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has played a pivotal role in reshaping the liquidity dynamics in the crypto market. In a recent update to their quarterly crypto liquidity ranking, research firm Kaiko has unveiled the significant changes that have occurred in the
The price of BNB has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB (BNB) has performed worse than the overall altcoin market, indicating that the underlying cause for the bearish momentum persists. It is highly likely that the correction in BNB’s price can be
Polygon (MATIC) price is up today, mirroring upside moves elsewhere in the cryptocurrency market as traders assess a mix of fundamental factors. On July 11, the MATIC price rose 2.32% to $0.75, its highest level in a month — outperforming the crypto market, whose valuation stayed relatively unchanged from the previous day at around $1.14
In the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), anticipation has reached fever pitch as the community eagerly awaits a ruling. Already 931 days ago, the SEC filed its lawsuit against Ripple Labs and its executives Brad Garlinghouse and Chris Larsen. The last publicly visible action in the litigation occurred
Researchers at Pennsylvania State University recently analyzed whether attitudes and emotionality surrounding cryptocurrency could help predict returns. What they found may stand in stark contrast to related financial markets. According to the team’s research paper, social media plays an outsized role in adoption and activity rates, while cryptocurrency journalism isn’t a great predictor of market movement:
The possibility of introducing incentives on the XRP Ledger (XRPL) and the lack thereof have recently sparked lively discussions and confusion in the XRP community as well as among Ripple executives. While some developers have shown interest in exploring incentives on the XRPL, a misunderstanding has arisen regarding the intentions behind this proposal. Daniel Keller,
In a recent report by Bank of America titled “Breaking New Ground: Harnessing Payments Innovation in APAC,” the role of Ripple Labs in the payments space in the Asia-Pacific (APAC) region has been acknowledged by the Bank of America. The report highlights the significance of blockchain technology in digitizing trade documentation and the potential of
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