Ripple is confidently addressing its ongoing legal challenges while actively exploring new opportunities to expand the capabilities of the Ripple platform. Although the exact role of XRP is still under scrutiny, notable signs suggest a growing interest in its potential. Ripple’s Resilience In The Legal Battle In a recent twist to the SEC v. Ripple
The XRP community continues to eagerly await a ruling in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC). So far, all speculations about a supposed end date have been wrong. The judge in charge, Analisa Torres, is taking more time for her ruling than many legal experts predicted based
In an interview with the Digital Pound Foundation, Ripple Head of Policy Susan Friedman shared her positive outlook on London’s potential as a crypto hub, highlighting its dedication to developing ecosystems for crypto assets and Central Bank Digital Currencies (CBDCs). Ripple Advocates For Encouraging CBDC Ecosystem Development Friedman noted that Ripple’s goal is to advocate
On-chain data compiled by Santiment, an analytics platform, shows that more people are discussing XRP, the native token of the XRP Ledger (XRPL), per statistics captured on July 10. In their assessment, the spike in social chatter, translating to higher social dominance, will most likely draw demand for the crypto asset that has recently been under
Ripple is best known for its XRP cryptocurrency and global payments network, but it is now setting its sights on the tokenized assets market. In its 2023 New Value report, the company believes blockchain technology can unlock trillions of dollars of value in the global financial system by tokenizing real-world assets like stocks, bonds, and
XRP has observed a massive 67% rally during the past 24 hours. Here are some facts on-chain data reveals about this price surge. Several Indicators Have Surged Following The XRP Rally In its latest insight post, the on-chain analytics firm Santiment has looked into the underlying metrics related to XRP as the cryptocurrency has seen
In the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the recent order granting in part and denying in part the motion for Summary Judgment by Judge Torres has left many XRP investors eagerly awaiting the next steps. To shed some light on the situation, prominent attorney Jeremy Hogan has
In a recent tweet, Ben “BitBoy” Armstrong, a controversial figure in the crypto community, stirred discussions with a noteworthy projection for the future price of XRP. The excitement began when Evan Luthra, an angel investor and Forbes 30 under 30 award winner, tweeted, “XRP just surpassed BTC trading volume. It’s now the highest trading crypto
Since the summary judgment in the Ripple vs SEC case, XRP has captured the spotlight in the crypto market. Now the fourth-largest crypto by market capitalization, XRP, is currently experiencing a consolidation trend. However, this could just be the calm before the storm as both the activity of large investors aka whales and a developing
Concerns of a potential appeal by the United States securities regulator to the landmark Ripple ruling earlier this month were shrugged off by Ripple’s chief legal officer Stuart Alderoty. Alderoty believes if the SEC takes the case to an appeal, the court could move to consolidate Ripple Labs’ partial victory over the financial regulator even
In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the United States Federal Reserve’s delicate balancing act of curbing inflation without causing a recession and sheds light on the potential implications for the cryptocurrency market. In the crypto world, the anticipation of rising interest rates could have a short-term negative impact. This
In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the crypto community has eagerly anticipated the SEC’s next move. A pro-crypto lawyer, James Murphy, has outlined four potential options the SEC may consider in response to Ripple’s partial legal victory. Will The SEC File For Interlocutory Appeal Against Ripple?
Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in key metrics through the first half of 2023, driven by the integration of a recently acquired self-custodial wallet service. Bitget is currently undergoing a rebranding initiative following its acquisition of BitKeep, with the latter being renamed Bitget Wallet. The platform has produced some impressive market performance
On July 25, the United States Senate backed bipartisan legislation mandating U.S. companies to report any investments in Chinese technologies. In an overwhelming vote of 91 to 6, the Senate supported the amendment to the National Defense Authorization Act (NDAA), which is anticipated to be implemented later in 2023. The amendment will require U.S. companies
On July 24, Bitcoin (BTC) experienced a flash crash, plummeting to $29,000 in a movement now attributed to significant BTC holders potentially liquidating their positions. Amidst the crash and market uncertainty, Bitcoin’s three major trading metrics continue to project a bullish outlook, signifying that professional traders have not reduced their leverage longs through the use
Solana game developer Automata (ATMTA) will undergo “a significant headcount reduction” to preserve its ability to develop Star Atlas. After the restructuring, the Automata team will comprise just 45 staff, compared to 235 in late 2022. According to the July 24 announcement on Discord, Michael Wagner, CEO and co-founder of ATMTA, said the restructured team
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