Chris Larsen, co-founder of Ripple, just donated $1 million in XRP to a super PAC that's supporting Kamala Harris. According to court filings with the Federal Election Commission (FEC), this is the first time a crypto donation has been publicly documented for Harris.
San Francisco-based payments company Ripple is now aiming to offer bank-grade custody solutions to crypto businesses. The firm's Ripple Custody branch has been providing global banks and financial institutions with a software infrastructure to secure, transfer and settle tokenized financial assets.
Ripple co-founder Chris Larsen has made his first recorded cryptocurrency donation to Vice President Kamala Harris.
A sudden single-day spike by Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) has prompted traders to predict an upcoming bull run for the meme coin leaders. What Happened: With Dogecoin prices reflecting a relatively flat performance over the past week, an analyst who goes by “Kevin” on X, outlined his thoughts on the trajectory of Dogecoin.
Fox Business' Eleanor Terrett reports that it was the first crypto donation made to Vice President Harris.
Dogecoin dominates short-term trading in meme coins, while DEGEN showing strong activity.
10 XRP, the minimum reserve an XRPL account needs to be transacting on the network, is an obstacle for new user inflow. Such a "popular" opinion was shared by CEO and founder of XRPL-centric NFT and GameFi ecosystem XPMarket.
XRP shows signs of recovery and aims to surpass the resistance levels
Most of the coins are coming back to the green zone, according to CoinMarketCap.
The United States Securities and Exchange Commission (SEC) still thinks Ripple–affiliated cryptocurrency XRP is a security despite a judge declaring the token a non-security in a historic ruling in 2023.
Crypto analyst Egrag has provided an historical analysis of the weekly XRP price chart, suggesting that the cryptocurrency is entering “uncharted territory.” Utilizing historical data and focusing on critical technical indicators.
Ripple CEO Brad Garlinghouse has recently spoken out about the company's decision to file a cross-appeal against the SEC. It should be recalled that earlier in October, the SEC appealed the decision ordering Ripple to pay a $125 million civil penalty on its XRP sales, a fraction of the $2 billion sought by the regulator.
Despite a court ruling stating that XRP is not a security, the U.S. Securities and Exchange Commission (SEC) continues to insist that it is. This stance has sparked significant speculation as Ripple, the company behind XRP, files a cross-appeal against the SEC's claims in the ongoing legal battle.
XRP bulls have started to resist the bears with their intense moves. While the price has not jumped massively yet, the long-term prospects of the Ripple-associated coin are optimistic.
TL;DR Ripple updates its Custody service with security and compliance improvements for crypto and fintech companies. The integration with XRP Ledger allows tokenizing real-world assets and accessing the XRPL DEX. Ripple Custody has grown 250% in clients, with availability in key markets like the U.S. and Switzerland.
Elon Musk, the CEO of Tesla and a well-known advocate for Dogecoin, has once again ignited excitement within the DOGE community. During the unveiling of Tesla's new autonomous vehicle, the “Cybercab,” a Shiba Inu—the breed synonymous with Dogecoin—was prominently featured, sending DOGE enthusiasts into a frenzy.
On Friday, the XRP price recorded a modest 0.7% surge, continuing its consolidation above the $0.50 psychological level. The broader market uncertainty and the U.S. SEC appeal in its case against Ripple significantly bolstered the current consolidation.
The XRP price has jumped by 2.5% in the past 24 hours, rising to $0.54 after Ripple filed a cross appeal against the SEC yesterday.
After suffering a 16.84% drop in the past week, XRP lost its key support level at $0.54 and almost became a sub-50-cent token. However, buyers took the risk and managed to restore the value of the token to almost this important price level.
For close to four years, the price of XRP has faced an almost unending drawdown. This is because of the U.S. Securities and Exchange Commission (SEC) lawsuit, which has triggered bearish sentiment for the coin.
Lawsuit could establish a precedent for classifying digital assets in the future.
Elon Musk, the CEO of Tesla, has once again stirred excitement among the Dogecoin community by featuring a Shiba Inu dog in the promotional material for Tesla's newly unveiled product, the Robotaxi. This move, highlighted during a live presentation, has sparked conversations and enthusiasm within the Dogecoin community.
Bitnomial challenges SEC's classification of XRP as a security. The SEC filed a notice of appeal in the Ripple case last week.
Ripple files a cross-appeal against the SEC, sparking a 2% XRP price surge amid ongoing cryptocurrency regulatory battles.
In an interesting development in the SEC lawsuit, Ripple announced yesterday it had filed a cross-appeal of Judge Torres's final judgment, which was entered on Aug. 7, 2024.
Crypto analyst Dima James has predicted an explosive rice rally for the Dogecoin price. Interestingly, the analyst raised the possibility of a price surge to as high as $10 and provided an analysis to show why it is possible.
The crypto space turns volatile amid the US consumer price increase in September. Amid the growing volatility, Bitcoin momentarily broke $59k. However, the top meme coin, DOGE, shows a bullish reversal possibility. Despite the 1.82% drop yesterday during the broader market correction, the DOGE price trend sustains dominance above $0.10.
Dogecoin is now at a crucial demand level after a 4% rise from local lows, stirring serious speculation in the market. The meme coin has caught the attention of analysts and traders, with mixed opinions about its next move.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
On-chain data aggregator IntoTheBlock has published a post about the recent increase in short-term trading activity that involved meme coins. It revealed that Dogecoin has been the most frequent choice of short-term traders recently, while other popular meme coins got much less of their attention.
Crypto derivatives exchange Bitnomial has sued the United States Securities and Exchange Commission over the agency's attempt to “overextend its jurisdiction” to crypto derivatives. In the lawsuit filed on October 10, Bitnomial accused the SEC of trying to claim regulatory authority over the crypto exchange's planned offering of XRP Futures contract.
The SEC had warned Bitnomial that offering XRP Futures could violate securities laws without additional compliance.
Bitnomial Exchange, LLC has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners on October 10, contesting the SEC's claim that XRP is a security.
The US SEC has refused to back down on the security status of XRP, despite a court ruling finding that the crypto is “not a security.” Recently, the leading crypto derivatives exchange, Bitnomial has sued the agency over its claims that the crypto's futures are “security futures”.
In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency's cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy.
XRP faces key resistance at $0.56, but will bulls spark a recovery now?
Bitnomial, a digital asset derivatives exchange, has filed a lawsuit against the US SEC over its attempt to assert jurisdiction over the planned XRP Futures contract. It claims that this product is regulated by the CFTC and not the SEC.
The official account of Dogecoin on X has published a post with a screenshot of what Elon Musk's new product – Robotaxi – is going to look like from inside marked with a “Tesla-live” signature. This came from a presentation of Tesla's new product – a driverless taxi.
In the latest update in the Ripple vs SEC lawsuit, the company is about to file a cross-appeal much before the SEC's filing an appeal in the last week. The Ripple CLO ensure that with this move, nothing should be left on the table.
This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain.
In the lawsuit, Bitnomial has challenged the SEC's assertion that XRP futures contracts fall under its jurisdiction as “security futures”.
XRP whales nabbed significant investor attention on Friday, moving millions of coins after Ripple filed a cross-appeal against the U.S. SEC in the XRP lawsuit. Recent on-chain data suggests that nearly 81 million coins were sent to crypto exchanges over the past day, raising market concerns despite the recent filing that supports the American blockchain
Ripple's Chief Legal Officer recently announced that the company has filed a cross-appeal, aiming to close any remaining issues.
Among the novelties, there is the integration of XRPL for the tokenization of RWA.
Here's the latest update on the Ripple v. SEC front.
Ripple announced several updates to its Ripple Custody platform on 10 October 2024, aimed at enhancing the infrastructure used by fintechs and crypto businesses to manage digital assets.