Ripple (XRP)

At an event for DC Fintech Week on Tuesday, the CEO of Ripple Labs, Brad Garlinghouse, noted that he expects the court to give its verdict on the case in the first half of 2023.  “I think we’ll have an answer in the first half of next year. Whether that’s the first quarter or second quarter, we shall see,” he said.  The Lawsuit Recall that the SEC officially sued Ripple in December 2020 over an alleged violation of securities laws. The regulator claims that the blockchain...

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San Francisco-based blockchain firm, Ripple, announced its first On-Demand Liquidity (ODL) customers in France and Sweden. According to the company, the European market is ripe for disruption with RippleNet-powered ODL. The main aim of the partnerships is to facilitate real-time payments across borders utilizing by Ripple’s financial technology – RippleNet – across the two regions. Ripple’s New Partners in France and Sweden As part of the deal in France, Ripple inked a...

XRP has been one of the best performers in an otherwise stagnant and even declining cryptocurrency market where most of the coins are charting declines. The cryptocurrency is up over 20% measured from the lows on September 28th and the price it’s trading at the time of this writing, as seen in the chart below. Source: Binance via TradingViewThe SEC Lawsuit Going Well for Ripple One of the biggest variables in XRP’s future price performance lies within the outcome of the...

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Ripple continues to be embroiled in a legal tussle with the SEC, and certain community members have claimed significant corruption on the agency’s side for targeting the blockchain firm. Cardano founder Charles Hoskinson has cleared his stance on the matter and backed Ripple by saying that layer-1 protocols aren’t securities. The XRP Army, however, isn’t happy with Hoskinson’s take on the debate surrounding corruption inside the SEC. Fragment the Space XRP proponents believe...

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Bitcoin’s price went through a somewhat surprising dip yesterday when the US announced the September job reports, which were better than expected. Most altcoins are also in the red now, with the obvious exception of Ripple. XRP has stolen the show once again, surging by almost 7%. Bitcoin Lost the $20K Mark Ever since the October 3 crash to below $19,000, the landscape around the primary cryptocurrency was quite positive. The asset had bounced off that level and even jumped...

Despite several attempts to push the price above $0.50, XRP has been unsuccessful in stabilizing around this level. Technical Analysis By Grizzly The Daily Chart The cryptocurrency continues to challenge the $0.50 resistance, but, unfortunately, to no avail. It’s failed to overcome this level three times in just as many weeks. Breaking above it would position the asset to retest the descending line (in red). If it manages to clear this barrier, the price will have better...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polygon. Ethereum (ETH) With an increase of only 1.4% in the past seven days, Ethereum continues to maintain a flat price action, with market participants unable to swing the cryptocurrency beyond its current range. Since mid-September, ETH has only been moving sideways between the key support at $1,250 and the resistance at $1,400. The last time it tested the key resistance was on September...