Ripple (XRP)

XRP – the native token of Ripple – has been one of crypto’s best performers ever since the enterprise blockchain provider notched a landmark win in its legal battle against the US Securities and Exchange Commission (SEC). According to Kaiko, XRP trades have recently comprised 21% of the total crypto trading volume, leaving BTC in second position with 20%. Ripple’s court victory acted as a catalyst for the native coin of the organization, which has soared by over 55% in the...

This week, the crypto market has exhibited significant volatility, with major coins like XRP and Stellar Lumens first seeing large gains, then experiencing sharp pullbacks. This volatility has yet to impact the progress of the crypto analytics project yPredict, which is currently in the midst of a highly-successful presale phase. However, with attention back on the crypto market, projects new and old are benefiting from renewed investor interest – setting the stage for a...

Ripple price started a downside correction from the $0.9450 zone against the US dollar. The price is now trading above $0.650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.775 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.780 resistance. Ripple price is consolidating near $0.750 against the US Dollar, similar to Bitcoin. XRP...

Not long ago, it was announced that crypto firm Ripple (XRP) and the Securities and Exchange Commission (SEC) were duking it out in court. Ripple is in the Fight of Its Life The agency alleged that the company had violated securities laws by issuing XRP without going through the proper licensing and registration requirements. In contrast to other companies’ strategies, Ripple chose to fight back and agreed to go to court with the SEC, and at the time of writing,...

Ripple’s XRP has undoubtedly been the hottest story throughout the past few weeks. T he legal battle between the company and the US Securities and Exchange Commission culminated last week when US Judge Analisa Torres ruled that secondary sales of XRP didn’t constitute investment contracts. Expectedly, XRP exploded by over 70% and is seemingly on its way to $1. The question is, will it be able to achieve this massive feat in 2023? We decided to ask none...

The landmark decision by Judge Torres in the legal battle between Ripple and the US SEC could positively impact the entire crypto industry, said the former’s CEO, Brad Garlinghouse. He also hopes that the ruling will serve as a wake-up call to US Congress for the upcoming regulations. A Win for Everyone Nearly three years after the SEC sued Ripple for allegedly selling its native cryptocurrency (XRP) as unregistered security, Judge Analisa Torres, presiding over the case,...

The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from...

Bitcoin dipped toward $30,000 but managed to bounce off that level and stands a few hundred dollars above it now as well. Most altcoins are also slightly in the red today, with ADA, SOL, MATIC, and DOT dropping the most from the larger caps. BTC Defends $30K The primary cryptocurrency experienced enhanced volatility at the end of the business week, alongside the rest of the market, following Ripple’s landmark victory against the SEC. Following the judge’s ruling that almost...

On July 13, Ripple scored a big win in its nearly three-year-long legal battle against the US Securities and Exchange Commission (SEC) after a court ruled that the majority of XRP sales do not fall under the classification of securities transactions. This has raised questions about the potential implications for cryptocurrencies, such as Solana (SOL), Cardano (ADA), Polygon (MATIC), and other tokens facing similar allegations of being unregistered securities. Let’s examine...

After marking a new 13-month high yesterday at almost $32,000, bitcoin has been rejected once again and even dipped below $30,000 hours ago. Most altcoins are also in the red today following the recent gains, except for DOGE, SHIB, OP, and a few others. BTC Stopped Most of the working week went by quietly for the primary cryptocurrency as the asset spent it trading sideways in a tight range between $30,000 and $31,000. All that, however, changed on Thursday evening when Judge...