Ripple’s CEO Brad Garlinghouse has classified the charges on his company brought by the US Securities and Exchange Commission (SEC) as an “assault on crypto at large.” In a recent blog post, he outlined that the Commission is wrong and that the payment processor will prevail in the legal battle.Ripple Responds to the SECFollowing rumors of SEC charges against Ripple, the Commission made it official yesterday. The agency alleged that the payment processor had conducted a $1.3 billion...
Read More »Market Watch: Ripple (XRP) Crashes 20% and Loses The 3rd Spot to Tether
A few days after the price dip beneath $22,000, bitcoin has recovered most losses and even took another swing at $24,000 earlier today. Most altcoins have remained relatively steady, apart from XRP. The recently announced charges from the SEC have plummeted the token’s value.Bitcoin Eyes $24KBitcoin has been on a wild ride in the past several days. It began by painting a new all-time high of about $24,300, but the subsequent rejection drove the asset down by more than $2,000 in hours.BTC...
Read More »The Spotlight’s On Bitcoin, but Most Assets Are in the Green Right Now
Everyone sure keeps talking about bitcoin as of late. The currency has reached a new all-time high of roughly $23,000 per unit, and while the asset is doing extremely well, we cannot forget about the smaller altcoins that share the crypto limelight with bitcoin. We’re talking, of course, about currencies such as Ripple’s XRP and Ethereum.Bitcoin Is Doing Well, but So Is Everything ElseEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the...
Read More »SEC Charges Ripple With $1.3 Billion Unregistered Security Offering
The United States Securities and Exchange Commission has pressed formal charges against Ripple. The watchdog is going after the company for conducting a $1.3 billion unregistered securities offering.CryptoPotato reported earlier today that the United States Securities and Exchange Commission (SEC) is preparing to sue one of the largest companies in the cryptocurrency field – Ripple. Brad Garlinghouse confirmed, saying that they will fight any suit the watchdog throws at them.The Commission...
Read More »Ripple Price Analysis: XRP Heading To Crucial Support Amid The SEC News
XRP/USD – XRP Rangebound Between $0.65 and $0.435Key Support Levels: $0.45, $0.43, $0.4.Key Resistance Levels: $0.556, $0.6, $0.648.Throughout the December period, XRP has been trapped between $0.65 and $0.43. It reached the lower boundary of this range last week and proceeded to bounce from the support provided by a .618 Fib Retracement.After rebounding, XRP started to climb higher but could not close a daily candle above $0.58. As a result, XRP rolled over during the weekend and fell...
Read More »SEC to Sue Ripple, Brad Garlinghouse Reveals
The US Securities and Exchange Commission (SEC) has been revealed to be on the verge of suing Ripple Labs for illegal sales of securities. This put them in the same bracket as companies that suffered a similar fate like Kik Interactive Inc.Brad Garlinghouse, the CEO of Ripple Labs Inc revealed in an interview that the SEC lawsuit is imminent, and he with Chris Larsen, Ripple Co-founder, would be named as defendants. When asked about their action, Garlinghouse disclosed that they will fight...
Read More »Coinbase: Wird Ripple vor dem Börsengang deaktiviert? XRP-Kurs fällt massiv!
Drohende SEC--Klage mit Folgen: Der XRP-Kurs brach massiv ein. Gegen Ripple Labs, die Firma hinter Ripple, sind ja viele Klagen hängig. Aber die aktuellste Klage hat es in sich: Die US-Börsenaufsicht SEC will Ripple verklagen. Gemäss SEC hätte Ripple seinen ICO bei der SEC anmelden müssen. Die drohende SEC-Klage gegen Ripple lässt den Kurs von XRP einbrechen. Ripple rund um...
Read More »#1040 Reich mit DeFi, SEC will Ripple verklagen & Fussball Fan Token Rally
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1040. Im heutigen Video geht’s um folgende Themen: Reich werden mit DeFi, SEC will Ripple verklagen & Paris Saint Germain und Juventus Fan Token Rally. 1.) Angel-Investor über DeFi: Eine der besten Optionen, um reich und erfolgreich zu werdenhttps://coincierge.de/2020/angel-investor-ueber-defi-eine-der-besten-optionen-um-reich-und-erfolgreich-zu-werden/ 2.) SEC set to sue Ripple with XRP in the...
Read More »Market Watch: Bitcoin’s Recovery Fragile as $40 Billion Wiped Off Market in 24 Hours
Bitcoin’s rollercoaster continued in the past 24 hours with a massive $2,000 dump and the subsequent recovery attempt. Most altcoins are covered in red, and the market capitalization has lost $40 billion in a day.Bitcoin’s Wild Ride ContinuesAfter a relatively bullish weekend in which BTC gained some value, the primary cryptocurrency seemed primed for further increases. Initially, bitcoin indeed headed north, resulting in a fresh all-time high of $24,300 (on Bitstamp).However, the bears...
Read More »XRP Price Crashes as SEC Prepares to Sue Ripple
The moment has come. Apparently, the SEC is ready to sue Ripple for issuing XRP as a non-registered security.After several years of uncertainty, it seems that U.S. regulators would be willing to answer once and for all the most crucial question that any member of the XRP Army has ever asked. Is XRP a security?According to Fortune, the American company received a notice on Monday that it would be sued by the SEC. Brad Garlinghouse, Ripple’s CEO, did not deny the news and, in fact, spoke out on...
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