According to the Binance report, the crypto market saw declines across the board in Q3, as fundraising and developer activities tanked. Binance has called the third quarter of 2023 “a challenging quarter” for crypto. In its Q3 “Market Pulse” report, Binance highlighted a few drawbacks the crypto industry faced, adding insights and shedding light on the general state of the industry. The report revealed declines in the industry across several points. For instance, Binance notes that the...
Read More »Another Curious Ripple (XRP) Rumor (Hint: It’s not the IPO)
TL;DR Speculation suggests France might use XRP for its digital euro, backed by positive references from Banque de France. The European Union is progressing towards a digital euro with recent European Central Bank movements. Bhutan and Montenegro have already collaborated with Ripple for their CBDC efforts. Could XRP Find a Spot in France’s Future Financial Plans? Several X (Twitter) users have recently speculated that one of the leading European economies – France – might...
Read More »Is the SEC Shifting to a Softer Stance Against Crypto? Pro-XRP Lawyer Comments
TL;DR US attorney John E Deaton noticed a potential shift in the SEC’s stance towards the cryptocurrency industry, especially after not leveraging the recent fake BTC ETF news to criticize the sector. Previously, SEC’s Chairman Gary Gensler frequently associated crypto with negative activities. Deaton suggests Gensler’s behavior may be influenced by major institutions’ opinions. Despite a rumor that the SEC approved BlackRock’s BTC ETF application causing a price surge, the...
Read More »The Reason Ripple (XRP) is Very Bullish According to Wall Street Expert
TL;DR Financial expert Linda Jones suggests XRP could be a lucrative investment due to its volatility and potential for future price increases, with Wall Street firms showing interest in its futures contracts. While some crypto analysts have given lofty predictions for XRP’s future value (e.g., $27 or even $500), these figures require XRP’s market cap to reach unprecedented levels. Speculation around Ripple potentially filing for an IPO could significantly impact XRP’s value,...
Read More »Litecoin (LTC) Price Analysis: Bulls Lose Control As Bears Aim For $50
Litecoin started a fresh decline from the $66.50 resistance zone against the US Dollar. LTC price is now trading below $62.50 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $62.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless there is a recovery wave above $62.00. Litecoin price is struggling below $62.50 against the US Dollar, like Bitcoin....
Read More »Plant Ripple Börsengang?
Plant Ripple den Börsengang? Ein Stelleninserat auf der Ripple Website deutet darauf hin: Der XRP-Entwickler bietet ein jährliches Gehalt von 143.792 bis 179.740 US-Dollar für diese spezielle Position. In der Stellenbeschreibung heisst es: At Ripple, we’re building a world where value moves like information does today. It’s big, it’s bold, and we’re already doing it. Through our crypto solutions for financial institutions, businesses, governments...
Read More »Ripple: Eine vielversprechende Zukunft. XRP bald auf 500?
Ripple (XRP) hat sich fest in der Krypto-Welt etabliert und zieht weiterhin die Aufmerksamkeit von Investoren und Enthusiasten auf sich. Mit seiner einzigartigen Technologie und den Partnerschaften, die das Unternehmen schließt, ist die Zukunft von Ripple vielversprechend. Hier sind einige Gründe, warum: 1. Schnelle und kosteneffiziente Transaktionen Ripple bietet schnelle, zuverlässige und kosteneffiziente Transaktionsmöglichkeiten. Verglichen mit...
Read More »Roblox Does Not Accept Crypto Payment, Denies Adopting XRP after Viral BitPay Tweet Spreads Misinformation
The situation first arose when BitPay posted a tweet stating that Ripple (XRP) could now be used to buy items in games that use BitPay, including Roblox and Smite. Popular gaming platform Roblox found itself at the center of some confusion on Tuesday after a now-deleted tweet from cryptocurrency payment processor BitPay claimed that Ripple’s XRP could be used to make in-game purchases. The unsubstantiated claims rapidly spread across social media, leading many users to speculate that...
Read More »Top Crypto Firms Refer to ‘Major Questions’ Doctrine in Legal Battle with Regulators
Crypto firms have been using the “major questions” doctrine to defends themselves against the enforcement actions of the regulations. However, it has its own flaws in place. Over the last year, multiple firms in the crypto space have engaged with regulators on different issues. These companies have been boldly questioning the regulatory stands against crypto firms. In order to curb the “government overreach”, a major question doctrine recently established a legal precedent. Typically,...
Read More »Pro-Ripple (XRP) Lawyer Bashes the SEC After Fake BTC ETF News
TL;DR False reports claimed the SEC approved BlackRock’s BTC ETF, but the SEC cautioned against unverified sources. US attorney John E. Deaton criticized the SEC, referencing court opinions that have deemed the agency’s actions inconsistent. The SEC has had multiple legal confrontations with crypto entities, including losses to Ripple and Grayscale and lawsuits against Binance and Coinbase. The SEC is ‘Arbitrary and Capricious’ The breaking reports from yesterday (October...
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