Tag Archives: Ripple (XRP) Price

To say that the past seven days were eventful would be an understatement. The cryptocurrency market saw a lot of important developments, and its total capitalization now hovers around $1.14 billion. That said, Bitcoin’s price went through a rollercoaster. This time last week, the primary cryptocurrency was trading at around $27,000 (or slightly below it, if we have to be precise). It conquered $27K during the weekend, but it was on Monday when the action started picking up....

TL;DR XRP wallets surpass 4.8 million, driven by Ripple’s recent court victories against the SEC. Ripple and its XRP token gained significant attention following a key court win in July. Despite speculation, Ripple did not announce an IPO or settlement with the SEC at their recent NYC party. Inching Towards 5 Million The total number of XRP wallets has recently surpassed 4.8 million. The latest surge of the figure comes amid another dose of enthusiasm among the Ripple...

Ripple’s price has been showing a slight uptrend, retracing toward the 200-day moving average on the daily chart. However, if the cryptocurrency successfully breaks above the 200-day moving average and the significant resistance zone at $0.55, the market will probably shift into a bullish trend. XRP Analysis By Shayan The Daily Chart Upon analyzing the daily chart, Ripple’s price experienced a notable rejection, leading to a phase of consolidation. It retraced slightly toward...

TL;DR The XLS-39 Clawback, part of the XRP Ledger Version 1.12.0, allows asset issuers to “claw back” assets for account recovery or in case of suspected fraudulent activity. The feature has stirred debate in the XRP community, with concerns about it granting issuers excessive control and potential for misuse. Ri Clawback: More Safety or a Double-Edged Sword? The XLS-39 Clawback is a feature that seeks to add a new layer of token control for the XRP Ledger. Clawback is part...

John E Deaton – a US attorney who represents thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – launched another bashing manifest towards the agency’s Chairman – Gary Gensler. The latter has been criticized for his negative approach to the cryptocurrency industry, with some arguing that the Commission’s stance could push talent outside the States. Gensler Must Go Deaton took it to X (Twitter) to claim that the Chairman of...

The leading cryptocurrency exchange – Crypto.com – recently teamed up with the payment platform PayPal to become the preferred marketplace for the recently launched stablecoin – PayPal USD (PYUSD). As such, it said there are now new trading pairs on the application. In the following lines, we will outline which ones exactly. Support for XRP and DOGE Crypto.com announced on X (Twitter) that customers can trade Ripple’s native token – XRP, the first ever memecoin – Dogecoin...

The Japanese automobile manufacturer Honda has jumped into the cryptocurrency bandwagon by embracing several digital assets as payment options.  Interestingly, Ripple’s native token – XRP, and the popular memecoin Shiba Inu (SHIB) are among the supported ones. ‘Drive Into the Future’ With Crypto The Tokyo-based manufacturer of automobiles, motorcycles, and power equipment – Honda Motor Co. – partnered with the blockchain payment system FCF Pay to allow clients to lease or...

Ripple’s XRP has been one of the most popular cryptocurrencies throughout the last few years, and not without a good reason. The lawsuit between the United States Securities and Exchange Commission and Ripple has been going on for a few years now, and it seems to be entering its decisive stage. The impact it’s had on the price of XRP has been undeniable, as the cryptocurrency failed to produce new highs during what was arguably the biggest bull run so far – during 2021. That...

Ripple’s XRP is undoubtedly one of the most popular cryptocurrencies, with a strong community of devoted supporters and millions of holders. The coin is one of the veterans in the industry and has consistently been a part of the top 10 largest cryptocurrencies by means of total market cap for many years now. However, in December 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple, alleging that XRP is a security and, therefore, claiming...

John E. Deaton – a US attorney representing thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – does not see how the regulator will prevail. He described the agency’s claim that it wants faster adjudication than the blockchain enterprise as the “dumbest argument” he had heard. In his view, the SEC’s only option is to prolong its inevitable loss by appealing the court’s decision whenever possible. The SEC’s Desperate Tactics...