Tag Archives: XRP

Despite the legal victories of Ripple, the court recently issued an order concerning the remedies phase of the lawsuit. As the United States Securities and Exchange Commission (SEC) gears up for a closed-door meeting, crypto community members are abuzz with anticipation for a potential settlement of the longstanding legal battle between the SEC and Ripple. According to the official announcement, the expected participants for the closed-door meeting are top SEC commissioners, counsels,...

TL;DR Dark Defender’s XRP Prediction: Analyst Dark Defender predicts XRP’s short-term target could be between $1.05 and $1.88, based on a “cup & handle pattern” in the daily timeframe, but warns of the need for the token to maintain a primary support level. XRP’s Current Market Position: XRP is currently trading at around $0.61, experiencing an 11% decrease over the past two weeks. EGRAG CRYPTO’s ‘Mega Pump’ Forecast: Another analyst, EGRAG CRYPTO, suggests XRP could see...

TL;DR SEC Sues Kraken: The SEC has initiated a lawsuit against Kraken for operating without proper securities registration. Shift in SEC’s Strategy: Noticing a change, legal expert Mike Selig suggests the SEC is now using multiple district courts for crypto case evaluations, possibly due to concerns over losing cases like its ongoing battle with Ripple. XRP Not Targeted: In its recent actions, the SEC didn’t label Ripple’s XRP as a security. Here is Why the SEC Changed Its...

XRP price started a fresh decline below the $0.658 zone against the US dollar. The price is now trading below $0.650 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.625 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.585 support zone. XRP price is struggling below $0.650 against the US Dollar, unlike Bitcoin. The price could decline...

In a recent appearance on the X platform, Ripple CEO Brad Garlinghouse voiced his apprehensions regarding the proliferation of deepfake scam videos on YouTube. He cited a specific incident where old video footage from Ripple’s events was manipulated, overlaying new words to create a deceptive narrative. Expressing his concern directly to the video hosting giant, Garlinghouse questioned their vigilance, urging them not to be complacent. He emphasized the importance of public caution, advising...

For several hours, the iShares XRP Trust appeared on the ICIS Delaware website suggesting that BlackRock had filed to list an XRP ETF, which was confirmed to be fake. Amid the ongoing Bitcoin (BTC) and Ethereum (ETH), exchange-traded funds (ETFs) in the United States, the crypto community has questioned why the Ripple Labs-backed XRP has not been included and it has legal clarity. On Monday, reports circulated on the X platform that BlackRock Inc (NYSE: BLK) had filed to list an XRP...

The price of XRP soared from $0.65 to $0.73 on Monday following news that asset management giant BlackRock had registered the iShares XRP Trust in Delaware. However, later reports confirmed that the supposed registration was fake news, taking XRP’s price back down to $0.65. According to the state of Delaware’s website, there is an entity registered under file number 2619091 going by the name of “iShares XRP Trust.” While the filing appears to be under the name of a BlackRock...

Digital asset investment products saw inflows amounting to $293 million over the past week. This extended a seven-week streak of inflows surpassing the $1 billion milestone. Year-to-date inflows now stand at $1.14 billion, marking the third-highest annual inflows on record. Ethereum witnessed a massive turnaround in sentiment, welcoming its largest inflow since August 2022 of $49 million. According to CoinShares’ report, the last two weeks signified a “real turn” around in...

SOL-PERP and AVAX-PERP markets will be launched on Coinbase International Exchange and Coinbase Advanced starting November 14. Coinbase, a leading cryptocurrency exchange, revealed its plan to introduce perpetual futures contracts for two major altcoins, Solana (SOL) and Avalanche (AVAX). The exchange will feature SOL-PERP and AVAX-PERP markets on Coinbase International Exchange and Coinbase Advanced starting November 14, pending favorable liquidity conditions. Perpetual futures, a...

Garlinghouse emphasized the need for the SEC to reassess its regulatory approach, moving away from a pattern of enforcement through lawsuits. During the just-concluded Ripple’s Swell conference in Dubai, the company’s CEO Brad Garlinghouse shared his views regarding the United States Securities and Exchange Commission’s (SEC) role in protecting consumers against bad actors. In an interview with CNBC’s Dan Murphy, Garlinghouse stated that, in his opinion, the SEC has strayed from its...