South Korean exchanges saw XRP trading activity soar, even overtaking the largest cryptocurrency, BTC. The spectacle occurred as the US SEC (Securities and Exchange Commission) is expected to offer a resolution soon on the case it has going on against Ripple. XRP’s price rose by 20% during the same period its trade volume registered 40% of the total volume on Upbit, South Korea’s biggest crypto exchange. Bithumb and Korbit observed XRP registering 35% of their volumes. The occurrence...
Read More »We Asked ChatGPT if Ripple (XRP) Can Become a Top 3 Cryptocurrency This Year
TL;DR Ripple’s XRP has surged above $0.60, with a market cap of over $34 billion, making it the sixth-largest cryptocurrency. Future growth depends on several elements, one of which is the eventual outcome of the lawsuit against the US SEC. The Necessary Conditions Ripple’s XRP has been among the top-performing cryptocurrencies lately, with its price jumping above the $0.60 mark for the first time in more than three months. Its market capitalization exceeded $34 billion,...
Read More »XRP Soars 20% as Trading Volume Flips Bitcoin on South Korean Exchanges
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Read More »Importan Ripple (XRP) Update: Certain Users Need to Take Action
RippleX, the portal designed to empower developers in the XRP Ledger ecosystem, shared an important update today that requires action from certain users. In a post to Twitter, RippleX took the opportunity to remind people that anyone operating a node on XRPL has to upgrade to the latest version of Rippled in order to ensure the continuity of the service. Important reminder! If you operate an XRPL node to please upgrade to the latest version of rippled to ensure service...
Read More »Ripple-backed XRP Slides 7% amid Heightened XRPL’s Whale Activity
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Read More »US SEC Cancels Closed-Door Meeting Scheduled for July 18
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Read More »Financial Influence of Casinos on Local Economies
The gambling industry is one of the biggest international businesses. The industry has grown across international borders within the last two decades. Statistics show that in Australia alone, the iGaming sector is worth over $4.9 billion with a 13.2% increase in per-adult gambling expenditure in 2023. At this rate, industry is expected to generate $10.14 billion by the end of 2024. These statistics suggest that the industry has created a viable economy with ripple effects. In this...
Read More »Ripple Price Analysis: XRP Explodes Above $0.6 But Will the Bulls Hold?
Following an impulsive surge driven by increased buying pressure near the crucial $0.43 support, XRP’s price has broken through multiple key resistance levels, including the 100 and 200-day moving averages. The market sentiment has shifted bullish, with buyers targeting the critical $0.65 threshold. By Shayan The Daily Chart An in-depth examination of the daily chart shows that after a significant uptick in buying interest near the key $0.43 support region, Ripple...
Read More »Ripple Contributes $1 Million to Unseat Elizabeth Warren
Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP Advocate Deaton In February, John Deaton officially entered the race for the GOP nomination for the U.S. Senate in Massachusetts to challenge...
Read More »Hackers Gain Control of Filipino Artists’ Accounts to Promote XRP Scam
Multiple Filipino artists had their YouTube channels hacked, with the hackers streaming a deepfake video of XRP co-founder Brad Garlinghouse predicting XRP’s price to rise to $4. Obviously, the video was doctored to get unsuspecting users to follow instructions and have their funds drained. One of the biggest accounts from the series of hacks belonged to Ben&Ben, a pop band comprising nine members, boasting 3.02 million followers. A band member took to Ben&Ben’s official Facebook...
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