In a recent video that has been widely shared, Vitalik Buterin, co-founder of Ethereum, openly expressed his criticism of XRP. He stated that he believes XRP is still completely centralized. During a discussion about the criteria for crypto projects’ participation in the industry, Buterin mentioned that not every project is required to follow decentralization principles....Read More
South Korean prosecutors investigating the collapse of Terra-Luna are looking to submit the recent U.S. ruling on Ripple cryptocurrency to a Seoul court to prove Luna is financial security, according to a spokesperson for the prosecutor’s office. The prosecutors plan to use the ruling to demonstrate that Terraform Labs’ Luna cryptocurrency constitutes an unregistered offering...Read More
In a thought-provoking display, Crypto Assets Guy, a well-known XRP community influencer, has presented a visualization that highlights the potential value of XRP investments if the cryptocurrency regains its all-time high (ATH) of $3.70. The visualization demonstrates potential returns for different XRP holding levels, ranging from 5,000 XRP to 300,000 XRP, using a consistent rate...Read More
Ethereum’s legal status has been a subject of intense scrutiny and uncertainty within the United States, giving rise to debates and concerns in the cryptocurrency community. While XRP has secured its place in the legal framework, Ethereum’s position as a non-security remains unclear. This uncertain legal environment has ramifications not just for Ethereum, but for...Read More
The much-awaited judgment in the Ripple vs SEC lawsuit was produced in favour of the company a few days ago. This caused the price to trigger a massive upswing of more than 100% in just a few hours and mark the highs at almost a dollar. However, the further updates may have caused the investors...Read More
Ripple’s recent victory in the SEC lawsuit has created a ripple effect in the crypto world with curiosity about XRP’s future price trajectory. What is more enticing is that Google Bard, an AI chatbot, has stepped in to offer intriguing predictions for XRP’s price at the end of 2023, 2025, and 2030. Here is the...Read More
Altcoins are indeed making waves in the crypto market, and the recent activities of Litecoin (LTC), Ripple-affiliated XRP, and Solana (SOL) are clear indicators of this trend. In the past 24 hours, all three have experienced notable gains, signaling a potential shift in the crypto landscape. As Bitcoin’s (BTC) dominance begins to waver, the spotlight...Read More
In its long and infamous legal battle with the US SEC, Ripple Labs successfully disputed the categorization of its XRP token as a security. The victory echoes throughout the cryptocurrency community, not only benefiting the company but providing newfound optimism within the crypto sphere. Bracing for an SEC Appeal: An Opportunity in Disguise? Despite this...Read More
The XRP price continues to display strong upward momentum, with a target of retesting its 2021 highs at around $1.9. The recent judgment summary provided some clarity on investment contracts for the Ripple-backed digital asset, leading to increased trading volume. Furthermore, the coin has regained listing on almost all centralized digital asset exchanges that had...Read More
The previous week witnessed a downturn in the altcoin market, with top altcoins experiencing significant declines after failing to sustain higher levels. Despite the initial bullish sentiment and buying opportunities brought by Ripple’s victory, it appears that the majority of traders have now pivoted towards bearish positions. As a result, prominent altcoins, including Ripple’s XRP,...Read More
Prominent lawyer Jeremy Hogan, a partner at Hogan & Hogan, recently shared his thoughts on the possibility of appeals in the ongoing Ripple vs. SEC case. With extensive experience in handling appeals, Hogan sheds light on the timing, types of appeals, and the likelihood of each party pursuing them. Let’s dive into his valuable insights....Read More
Only a few weeks ago, Bitcoin’s market dominance had finally surpassed 50% after a two-year lull, thanks to a wave of applications for spot Bitcoin exchange-traded funds from leading financial institutions. However, following Ripple’s partial win against the SEC, Bitcoin’s dominance has experienced a setback. A sudden increase in altcoin prices led to a temporary...Read More
Prominent legal expert, Bill Morgan, recently ignited a debate surrounding the implications of a judge’s recent decision concerning Ripple’s On-Demand Liquidity (ODL). A Clash of Perspectives Morgan highlighted his concerns via a tweet, where he flagged an inconsistency in the judge’s perspective. According to the legal stalwart, the judge’s view of institutional sales failed to...Read More
Over the last week, the crypto market witnessed surprising price movements as Bitcoin significantly declined from a high of $31.5K. The latest US ADP data has hinted at an upcoming interest rate hike, adding another layer of uncertainty to the financial and crypto landscape. However, even in these turbulent times, certain altcoins are showing potential...Read More
The XRP market continues to consolidate in somewhat a bullish engulfing pattern despite other veteran altcoins – including Litecoin (LTC), and Bitcoin Cash (BCH) – registering significant gains in the past few weeks. Undoubtedly, the ongoing SEC vs Ripple lawsuit has significantly suppressed the XRP market, with liquidity in the United States at critical levels...Read More
Prominent lawyer and advocate for XRP, John Deaton, recently shared his thoughts on the latest developments in the ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC). Deaton expressed his experience of receiving an email related to the case, which initially sparked anticipation but turned out to be the withdrawal of a...Read More
In an attention-grabbing tweet that has caught the eye of many, John Deaton, a renowned lawyer and the founder of Crypto Law US, has presented a thought-provoking viewpoint on the ongoing Ripple vs SEC saga. Deaton argues that the lawsuit has paradoxically acted as an unexpected catalyst for increased awareness and adoption of Ripple’s XRP....Read More
During a week characterized by a plethora of enticing news, the cryptocurrency market experienced significant volatility, with Bitcoin’s price persistently oscillating around the $30K mark. The recent rally in Bitcoin has resulted in reestablishing its 50% market dominance. Consequently, investors have shifted their attention to other digital assets that may potentially participate in this rally....Read More
Ever since the speculation around Ripple vs the SEC’s final ruling has made headlines, the XRP price has displayed immense strength. The token appears to be poised to maintain a firm upswing regardless of the challenges being imposed on the crypto markets. Recently, when the SEC charged Binance and Coinbase, the markets experienced a significant...Read More
Bitcoin (BTC) Price Analysis The Bitcoin price witnessed a massive dump of over 3.38% in the past 24 hours, dragging the global market cap by nearly 6%, which is approaching the $1 trillion mark. The BTC price is currently retesting the $25,000 level, and if it fails to hold, then the price may drop towards...Read More
The Chief Legal Officer of Ripple, Stuart Alderoty, recently took to Twitter to express his deep appreciation for the insights of the late Harvey Pitt, former Chairman of the U.S. Securities and Exchange Commission (SEC). Remembering former SEC Chair Harvey Pitt today. Ripple owes a debt of gratitude to Harvey for explaining that once the...Read More
Atlanta’s Federal Reserve Bank praises Ripple’s XRP for cross-border transactions. Reserve Bank eyeing XRP payments, Federal Bank on web3 at digital assets. The Report shows more use of web3 and Blockchain by central banks, Highlights project Mariana( A Proof Concept of by BIS; Bank of International Settlements, and financial institutions. Project Mariana boosts cross-border settlements using...Read More
In a revelation that surprised many in the crypto community, prominent cryptocurrency attorney and fervent XRP advocate, John Deaton, took to social media to discuss his personal digital assets portfolio. In a quote tweet of his picture at the XRP Las Vegas 2023 event, Deaton candidly disclosed the heavyweight of his digital assets investments –...Read More
The ongoing lawsuit against Ripple Labs has left many wondering about the future of XRP, the cryptocurrency associated with the company. Despite the legal challenges, finance experts have begun to speculate on XRP’s potential price by the end of 2023, taking into account its unique features and partnerships. Experts Predict XRP’s Price by December Investment...Read More
ripple vs sec Attorney John Deaton took to his Twitter handle on Tuesday and addressed the question of why and how Ripple would settle if they win their ongoing legal battle. Deaton has been a vocal advocate for XRP and has argued that the SEC’s actions have harmed XRP investors and the broader crypto industry....Read More
With only a few hours remaining before the final outcome of Ripple’s (XRP) legal battle with the U.S. Securities and Exchange Commission (SEC), the crypto community is buzzing with excitement about how the XRP token will perform in the aftermath. However, the community weighs in on a massive skyrocketing price trend for XRP as Ripple...Read More
XRP price analysis After rallying more than 48 percent last month, Ripple-backed XRP price consolidated during the first two weeks of April and is now trapped in a bearish outlook. The price correction has sent XRP price trading below the 200 weekly moving average (MA) for the first time since scaling towards $0.58. According to...Read More
In the ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC), a crucial detail has emerged that may give the cryptocurrency community cause for optimism. The SEC, embroiled in a high-profile case against Ripple, has suffered setbacks in five of its six most recent appearances before the Supreme Court. However,...Read More
XRP, the cryptocurrency affiliated with blockchain-based payments firm Ripple, has managed to stay above the $0.50 price level for a record-breaking 11 days. The digital asset has exhibited a pattern of bouncing back above the $0.50 level after encountering periodic resistance from bearish traders. The asset is currently trading at $0.51 as of April 8th....Read More
The ongoing debate between the SEC and Ripple continues to draw attention as the crypto market is filled with controversies regarding crypto securities. Ripple’s Policy Chief recently entered the fray, taking issue with the views expressed by Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), on the compatibility of cryptocurrencies and...Read More
