Ripple price started a fresh decline below the $0.785 zone against the US dollar. The price is now trading below $0.725 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.715 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.675 support zone. Ripple price is struggling below $0.765 against the US Dollar, similar to Bitcoin. XRP price...
Read More »Ducati Partners With Ripple-Founded XRP Ledger for its First NFT Collection
Italian motorcycle manufacturer Ducati partnered with XRP Ledger to enter the Web3 space. The main goal is to launch its first-ever digital collectible, which is a video sequence of all the Ducati logos that have appeared on the tanks of motorbikes produced in Borgo Panigale from 1946 to the present day. The first release is essentially a gift to Ducati fans as it pivots into the Web3 world and is scheduled to be launched on Wednesday, 26 July. Users are required to sign up...
Read More »Custodia Bank vs. Feds: Legal Brawl as Important as Ripple’s XRP Case: Lawyer
Wyoming-based Custodia Bank’s application to become a member of the Federal Reserve System was rejected earlier this year by the Kansas City Fed. But the platform has no intention of backing down. The legal dispute took a new turn after Custodia slapped three lawsuits against the regulator in three separate circuits. According to attorney John Deaton, Custodia’s fight against the Feds is “arguably just as important (if not more)” as the Ripple-XRP case. Custodia vs. Feds...
Read More »Ripple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment
CoinspeakerRipple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment According to Alderoty, Ripple will handle any appeal the SEC decides to initiate even though he is confident in the judge's previous ruling. Ripple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment
Read More »XRP Becomes White Knight of Crypto, Thwarts Regulation Woes
CoinspeakerXRP Becomes White Knight of Crypto, Thwarts Regulation Woes Despite the surge in the crypto market, Ripple's legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector. XRP Becomes White Knight of Crypto, Thwarts Regulation Woes
Read More »Elon Musk’s New Twitter Logo Unleashes XRP Community’s Euphoria
CoinspeakerElon Musk’s New Twitter Logo Unleashes XRP Community’s Euphoria Elon Musk announces changing Twitter's logo to an 'X', sparking excitement and support from the XRP community. Elon Musk’s New Twitter Logo Unleashes XRP Community’s Euphoria
Read More »XRP Whales on the Rise Following Ripple’s Win v. the SEC
The number of XRP whales owning 100M+ tokens has surged to 199, marking an 11-week high. One factor playing a role in the new trend could be Ripple’s court victory against the US Securities and Exchange Commission (SEC), which fueled a price increase for XRP and renewed optimism in the entire cryptocurrency space. Accumulating Again The crypto analytics platform – Santiment – estimated that there are now 199 XRP whales, each of whom holds at least 100 million coins....
Read More »Bank of America Highlights Uncertainty in Ripple vs SEC Ruling
CoinspeakerBank of America Highlights Uncertainty in Ripple vs SEC Ruling The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets. Bank of America Highlights Uncertainty in Ripple vs SEC Ruling
Read More »Ripple Price Analysis: Bulls Protect Uptrend Support, Aims Fresh Rally
Ripple price started a downside correction below the $0.820 zone against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.738 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.750 resistance. Ripple price is consolidating near $0.720 against the US Dollar, similar to Bitcoin. XRP price...
Read More »XRP Futures Hit New Open Interest Record for 2023
CoinspeakerXRP Futures Hit New Open Interest Record for 2023 Open interest on XRP futures has set a new record over $1.1 billion as the community continues to celebrate Ripple's win against the SEC. XRP Futures Hit New Open Interest Record for 2023
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