Ripple (XRP)

Ripple, an investor in Fortress, has stepped in to compensate Fortress customers for any incurred losses as part of the acquisition process. Ongoing discussions surround the potential acquisition of Fortress by Ripple, a cryptocurrency payment network. This unexpected development follows security issues faced by Fortress due to the compromise of a third-party vendor’s cloud tools. While the extent of the crypto loss remains unclear, it raises concerns about the security of clients’...

Ripple price is struggling to stay above the $0.486 support against the US dollar. The price is now trading below $0.510 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.5010 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.5085 and $0.5180. Ripple price is struggling below $0.520 against the US Dollar, unlike Bitcoin. XRP...

Ripple’s price has been relatively stagnant over the past week, showing little intent to move in either direction. However, analyzing nearby support and resistance levels and evaluating probable scenarios would be beneficial. Technical Analysis By Edris XRP/USDT Price Analysis Against USDT, the price has been consolidating below the 200-day moving average, located around the $0.5 mark. It has failed to close above the mentioned moving average in the last few days. The RSI...

Linus Financial, a Nashville-based crypto platform, has settled its dispute with the SEC out of court. Previously, the project offered pooled crypto investment opportunities to its users in exchange for fiat. However, the firm voluntarily winded down its operations when a similar firm got into hot water with the securities regulator over a nearly identical product. Unregistered Securities Offering Many of the SEC’s recent lawsuits – the most high-profile one being the case...

Although Ripple scored a partial court victory against the SEC earlier this summer, the battle is far from over, as the agency has formally requested the right to appeal against the decision. The US securities regulator’s response comes after the deadline for Ripple to present its opposition passed on September 1. Recall arguably the most significant development in the crypto industry in July, when US Judge Analisa Torres ruled in favor of the blockchain company that most of...

XRP and Bitcoin Spark (BTCS) have gained significant attention within the crypto community for their unique features. Let’s delve into their technological differences and see how each of them is contributing to the growth of cryptocurrency. What is XRP? XRP is a cryptocurrency created by Ripple, whose main focus is improving international money transfers for financial institutions by enabling them to settle transactions quickly, efficiently, and at low costs. XRP is used...

LBRY plans to challenge a New Hampshire federal judge’s ruling that sided with the Securities and Exchange Commission (SEC) that declared the platform’s token sales as unregistered securities. The appeal comes after blockchain firm Ripple scored a partial victory in its fight with the country’s federal regulator. Prominent asset manager Grayscale’s most recent win is also one of the high-profile crypto industry victories that have given other platforms targeted by the SEC a...

Ripple – the company behind one of the leading cryptocurrencies, XRP – has announced that it will acquire Fortress Trust. According to a recent announcement, Ripple has agreed to acquire Fortress Trust. Fortress Trust is a well-known financial institution that’s focused on cryptocurrencies. Mainly, it provides Web3 financial, technology, and regulatory infrastructure to blockchain-oriented companies. The sum of the acquisition remains undisclosed. Speaking on the matter was...

In der heutigen digitalen Welt sind Zahlungen schneller und bequemer geworden als je zuvor. Eine der bahnbrechenden Technologien, die diesen Fortschritt vorantreibt, ist Ripple. Aber was genau ist Ripple, und wie funktioniert es? In diesem Artikel werden wir Ripple einfach erklären. Was ist Ripple? Ripple ist ein Unternehmen, das sich auf die Entwicklung von Technologien und Lösungen für das globale Zahlungsnetzwerk spezialisiert hat. Die Idee...

Chris Larsen, the chair and co-founder of Ripple Labs, has asserted that the United States legal system aims to rectify the missteps in crypto policy made by the Biden administration. He highlighted his company’s partial victory against the Securities and Exchange Commission in July, emphasizing that the regulator faltered on critical aspects pivotal to industry regulation. Larsen Slams Gensler on the Lack of Crypto Regulatory Clarity The Ripple co-founder recently expressed...