Ripple (XRP)

John E. Deaton – a US attorney who represents thousands of XRP investors in the lawsuit between Ripple and the SEC – criticized the agency for one of its latest moves.  Specifically, the regulator opposed a reorganization plan presented by Coinbase, according to which customers of the now-bankrupt crypto lender Celsius Network could be reimbursed for their losses. The SEC has Turned Into a ‘Threat to Retail Investors’ The leading cryptocurrency exchange Coinbase...

The Seychelles-registered cryptocurrency exchange OKX released its 11th consecutive monthly Proof of Reserves (PoR) report which encompasses 22 commonly used digital assets and shows balances of $11.2 billion in primary assets. OKX is the only crypto exchange that has made it a ritual to publish PoRs for almost a year with which the platform revealed witnessed the engagement of hundreds of thousands of users. OKX’s 11th Proof of Reserves report As per the recently released...

David Schwartz – Chief Technology Officer of Ripple – involved himself in a dispute with the American broadcaster and filmmaker Max Keiser.  The latter described XRP as a “centralized fiat-shitcoin.” In the following lines, we will outline Schwartz’s reaction to that claim and his opinion on other speculations surrounding the blockchain enterprise and its native coin. XRP is Not Designed to Benefit the Elite Holders Schwartz took it to X (Twitter) to counter-attack on the...

John Deaton – an attorney representing thousands of Ripple investors involved in the legal battle against the US Securities Exchange Commission (SEC) – believes the price of bitcoin might thrive next month. Most analysts have recently predicted that BTC could indeed skyrocket in the future, but not before the halving scheduled for the spring of 2024. ‘October is Going to be Nuts’ Deaton retweeted an X post coming from the US lawyer Joe Carlasare. The latter assumed that...

Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development. In recent times, Central Banks in the European Union (EU) are facing a triple dilemma that demands delicate balancing acts and strategic decisions following persistent high inflation that is threatening to cripple the economy. The Triple Dilemma Carsten Brzeski, the Global Head of Macro at Dutch bank ING, succinctly sums up the challenge facing...

Ripple price started a downside correction from the $0.5250 zone against the US dollar. The price is now trading below $0.510 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.5095 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.4850. Ripple price is consolidating near $0.500 against the US Dollar, unlike Bitcoin....

Amid increased regulatory scrutiny in the United States, Europe has become an attractive destination for crypto firms. Galaxy Digital, the crypto venture led by US billionaire Mike Novogratz, is now venturing into the European market for greener pastures. As part of this expansion, the company has appointed Leon Marshall, formerly an executive at the crypto broker Genesis, as its first Head of Europe. Marshall is tasked with establishing a regional presence based in London....

Ripple’s XRP, Shiba Inu (SHIB), and Dogecoin (DOGE) are undoubtedly amongst the cryptocurrencies with the most devoted communities in the industry. Their price action tends to be explosive and directional, driven by massive retail interest. Pinning them against each other provides some valuable insights into their current market dynamics, factors that can shape their future prices, as well as specifics surrounding their tokenomics. The most obvious answer to the question is...

Ripple’s XRP has become one of the most-traded altcoins throughout the past few months, and this has largely to do with the recent ruling in the case between Ripple Labs and the United States Securities and Exchange Commission. The presiding judge, Analisa Torres, ruled that secondary XRP sales do not constitute an investment contract. This essentially means that they are not securities and do not fall under the purview of the SEC. Leading Up to the XRP Price Prediction The...

The blockchain researcher, going by the name Collin Brown on X (Twitter), assumed that the price of Ripple’s native token – XRP – could be poised for a massive increase after September 28. In the following lines, we will explain what could trigger the surge and touch upon some of the latest predictions by analysts and experts. XRP to Surpass $10? Collin Brown claimed that there is serious speculation around Ripple’s possible intentions to file for an initial public offering...