The cryptocurrency market has been lackluster, with top assets trading sideways, showing minimal volatility and limited price movement. Despite this period of stagnation, data suggests that most of these digital assets are undervalued and have more upside potential. SHIB, DOGE, ADA Immensely Undervalued According to Santiment’s latest findings, the 30-day Market Value to Realized Value (MVRV) ratio found several assets to be undervalued. A lower MVRV ratio indicates that...
Read More »XRP Open Interest Spike in Response to Ripple-SEC Developments
After making a comeback above $0.50 yesterday, XRP noted a mild decline from the level in the past 12 hours or so. The brief uptrend, however, wiped its weekly losses, making XRP the only top cryptocurrency in the green during the same period, with a slight rise. Investors Flock to XRP In line with the price action, XRP saw a surge in open interest (OI) as traders continued to closely monitor the ongoing legal battle between Ripple and the US Securities and Exchange...
Read More »XRP Price in the Spotlight Following US SEC’s Crypto Regulatory Tone-Down
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Read More »Important Ripple v. SEC Update June 18th: Commission Takes a Hit
TL;DR David Hirsh, Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned, denying rumors of joining a Solana-based marketplace. His departure comes as the SEC’s lawsuit against Ripple progresses, with the regulator recently lowering its proposed penalty to $102.6 million. The Crypto Expert Resigns David Hirsh – one of the longstanding members of the United States Securities and Exchange Commission (SEC) – announced on LinkedIn that he resigned from the...
Read More »Ripple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant
CoinspeakerRipple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant The validator further revealed that the ticker and name used for the scam token are not unique on the XRP Ledger. Ripple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant
Read More »Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute
CoinspeakerRipple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute Ripple's increasing influence is evident as 80% of Japanese banks have partnered with the company for blockchain-based payment solutions. Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute
Read More »Ripple: Der Wegbereiter für eine neue Ära im Finanzwesen
In der sich ständig weiterentwickelnden Finanzlandschaft zeichnet sich Ripple als ein Unternehmen ab, das mit seinen innovativen Technologien das Potenzial hat, traditionelle Systeme zu revolutionieren. Durch die Nutzung von Blockchain und Kryptowährungen hat Ripple Lösungen entwickelt, die darauf abzielen, grenzüberschreitende Zahlungen schneller, kostengünstiger und transparenter zu gestalten. Wer mit XRP, der Währung von Ripple, experimentieren möchte, findet diese auf...
Read More »Major Ripple Advancements and Top XRP Price Forecasts as of Late
TL;DR Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum, despite SEC’s criticism. Meanwhile, XRP’s price is down, but some analysts see the current level as a buying opportunity. What’s New Around Ripple? One of Ripple’s latest developments is its upcoming stablecoin pegged to the American dollar, which should serve as a bridge between traditional finance and the crypto industry. Earlier this week, the company said it will be...
Read More »Crypto Price Analysis June-15: ETH, XRP, ADA, DOGE, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum lost its bullish momentum this week and closed it with a 4.4% loss. Sellers took over the price action and pushed this cryptocurrency to the key support at $3,500. However, this pullback could turn out to be a normal retest, considering the massive breakout after the ETF confirmation. As long as buyers hold the price above $3,500, there is no reason to be too...
Read More »Important Update Regarding Ripple’s Stablecoin: Details
TL;DR Ripple plans to introduce a stablecoin on the XRP Ledger and Ethereum later this year, aiming to bridge traditional finance and the cryptocurrency sector. The United States Securities and Exchange Commission (SEC) has labeled the product an “unregistered crypto asset,” continuing its longstanding legal battle with the company. Here’s the Latest Info Ripple made the headlines earlier this year when it disclosed that it would launch a stablecoin pegged to the American...
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