Massachusetts Republican Senate candidate John Deaton has indicated his intention to hold the U.S. Securities and Exchange Commission (SEC) accountable for its role in wiping out $15 billion from XRP retail investors. In a September 16 interview on the “Good Morning Crypto Show,” the lawyer made it clear that he’s ready to continue his battle with the SEC until retail investors receive the compensation they deserve. XRP Investors Left Behind by SEC Actions Deaton, who...
Read More »Ripple Labs-backed XRP on Cusp of Major Bullish Breakout Fueled by Rising Whale Activity
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Read More »Ripple CLO Says Regulators Using Crypto as Scapegoat in Money Laundering
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Read More »Is the Ripple (XRP) Price in Major Danger? 4 Factors to Consider
TL;DR Ripple’s XRP has dropped 10% in two weeks, with declining transaction activity and a broader market downturn suggesting that its correction may continue. The ongoing Ripple v. SEC lawsuit could introduce more volatility for XRP, with recent legal developments sparking speculation of a potential appeal by the regulator. XRP to Bleed Even More? The past two weeks have been unpleasant for Ripple’s XRP, whose price tumbled by 10% and is currently trading at around $0.53...
Read More »Ripple’s CEO Announces Upcoming Launch of RLUSD Stablecoin
During a recent fireside chat at the Korea Blockchain Week in Seoul, Brad Garlinghouse, CEO of Ripple, provided significant updates on the company’s upcoming initiatives. Garlinghouse revealed that Ripple is nearing the launch of its U.S. dollar-pegged stablecoin, known as Ripple USD (RLUSD). The stablecoin is still in private closed beta, though its public release is expected in weeks, not months. This comes after Ripple announced last month that it had begun experimenting with RLUSD across...
Read More »Pro-Ripple (XRP) Lawyer John Deaton Will Face Off Against Dem Sen Elizabeth Warren
John Deaton, a former Marine and prominent advocate for Ripple’s XRP, has emerged victorious in the Massachusetts Republican primary, securing his position as the GOP nominee for the U.S. Senate race. Following his victory, he will now face off against Democratic Senator Elizabeth Warren in the November elections. GOP Nomination According to a September 4 report from the Associated Press, Deaton defeated fellow Republican candidates Bob Antonellis, an industrial engineer, and...
Read More »Ripple CEO Confirms Imminent US Dollar-Pegged Stablecoin Launch RLUSD
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Read More »Bitcoin Leads with $543M in Inflows Amid Powell’s Jackson Hole Comments
Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s hint at the Jackson Hole Symposium that an interest rate cut might occur in September. While trading volumes were lower than in recent weeks, these products still totaled $9 billion for the past seven days. According to CoinShares’ latest edition of Digital Asset Fund Flows Weekly Report, Bitcoin dominated the market, drawing in $543 million in...
Read More »Ripple Kickstarts RLUSD Minting on XRP Ledger and Ethereum
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Read More »XRP Lawsuit: SEC Has Only 10% Chance of Winning an Appeal, Ripple CLO Boasts
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