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Tag Archives: XRP

XRP Open Interest Spike in Response to Ripple-SEC Developments

After making a comeback above $0.50 yesterday, XRP noted a mild decline from the level in the past 12 hours or so. The brief uptrend, however, wiped its weekly losses, making XRP the only top cryptocurrency in the green during the same period, with a slight rise. Investors Flock to XRP In line with the price action, XRP saw a surge in open interest (OI) as traders continued to closely monitor the ongoing legal battle between Ripple and the US Securities and Exchange...

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Important Ripple v. SEC Update June 18th: Commission Takes a Hit

TL;DR David Hirsh, Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned, denying rumors of joining a Solana-based marketplace. His departure comes as the SEC’s lawsuit against Ripple progresses, with the regulator recently lowering its proposed penalty to $102.6 million. The Crypto Expert Resigns David Hirsh – one of the longstanding members of the United States Securities and Exchange Commission (SEC) – announced on LinkedIn that he resigned from the...

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Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute

CoinspeakerRipple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute Ripple's increasing influence is evident as 80% of Japanese banks have partnered with the company for blockchain-based payment solutions. Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute

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Ripple: Der Wegbereiter für eine neue Ära im Finanzwesen

In der sich ständig weiterentwickelnden Finanzlandschaft zeichnet sich Ripple als ein Unternehmen ab, das mit seinen innovativen Technologien das Potenzial hat, traditionelle Systeme zu revolutionieren. Durch die Nutzung von Blockchain und Kryptowährungen hat Ripple Lösungen entwickelt, die darauf abzielen, grenzüberschreitende Zahlungen schneller, kostengünstiger und transparenter zu gestalten. Wer mit XRP, der Währung von Ripple, experimentieren möchte, findet diese auf...

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Ripple Escalates Pro-Crypto Advocacy with $25M Fairshake Fund

Ripple has contributed $25 million to the Fairshake super PAC, aligning with an industry-wide effort to advocate for pro-crypto policies and politicians. Ripple’s decision to boost Fairshake’s efforts comes amid its own ongoing legal battle with regulatory bodies like the SEC. The agency’s lawsuit prompted the company to take a more proactive stance in advocating for fair and balanced regulation within the industry. Ripple Advancing Pro-Crypto Agenda In a press release,...

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Ripple’s XRP Ledger Achieves Record 80 TPS Amid Q1 Inscription Frenzy Without Issues

With the broader market recovery this year, the network activity XRP Ledger (XRPL) also surged across nearly all metrics, with active addresses and transactions increasing by 37% and 113% quarter-over-quarter (QoQ), respectively, according to Messari’s latest report. A significant portion of this activity stemmed from a concentrated group of approximately 45,000 accounts, which collectively sent over 30 million transactions to a single one, primarily for inscription-related...

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