EC Chair Gary Gensler faces direct criticism from Ripple co-founder Chris Larsen amid an escalating legal battle over XRP token sales
Solana's (SOL) 50-day Simple Moving Average (SMA) has started trending upward, poised to cross above the 200-day SMA in the coming days. This potential crossover is a bullish signal known as a “golden crossover,” and it often hints at significant upward price momentum.
David Schwartz, CTO of Ripple and one of the main people behind XRP Ledger (XRPL), recently spoke about some concerns the XRP community has been having about the need for XRP to facilitate transactions on the ledger. These concerns came up as Ripple prepares for the launch of RLUSD, a stablecoin that the company introduced to expand its service offerings.
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Over $1.5 billion in crypto tokens is set to flood the market this week, led by major unlocks for TIA, SUI, MEME OP IMX ZETA TRIBL DYDX GAL ADA AGI, etc. which will see huge amounts added to their circulation.
As Bitcoin remains volatile near the $67k level, Solana makes a comeback with its growing influence in the decentralized market. With Solana surpassing Ethereum in daily DEX volumes, the SOL price skyrockets.
While giant cryptos like Solana and Ethereum dominate today, fresh contenders are stepping into the spotlight.
The ongoing legal dispute between Ripple and the US Securities and Exchange Commission (SEC) is expected to extend into 2025. The SEC recently requested an extension to submit its main brief, further delaying the proceedings, with a new filing deadline set for January 2025.
Arkham Intelligence has broadened its data capabilities by integrating support for Solana on-chain data, now offering users an expanded suite of tools to analyze one of the most dynamic blockchains.
Ripple has encountered intense selling pressure near the key resistance zone, defined by the 100 and 200-day moving averages around the $0.55 mark. This has led to a sharp rejection and subsequent decline.
The recent plunging sentiment in the market had alerted the majority of crypto investors about the potential crash, but there was only so much traders could do about their investments in a short time span.
Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC) continues, with the SEC requesting yet another extension for its main brief submission, now pushing the deadline to January 2025.
XRP price is attempting a recovery wave from the $0.4880 zone. The price must clear the $0.5200 and $0.5320 resistance levels to start a decent increase.
Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range during the week. BTC currently trades around the $67,000 level, and major altcoins, such as Ethereum, Solana, Ripple, Polkadot, and Dogecoins, have experienced volatile trading weeks.
Ripple's CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies.
XRP gains as SEC delays Ripple appeal, with the US election's outcome poised to impact crypto regulations and market sentiment.
The word war between Ripple Labs' key people and the Securities and Exchange Commission (SEC) continues.
Solana's impressive BGSOL staking uptake and robust market metrics point to renewed bullish momentum.
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the SEC has formally requested a deadline of January 15, 2025, to file its main appeal brief. This request has generated considerable buzz within the XRP community, with many expressing both concern and curiosity about its implications for Ripple and its cryptocurrency, XRP.
A significant technical event occurred recently for Bitcoin: a crossover between the 50-day and 100-day Exponential Moving Averages (EMAs). Despite not being the well-known golden cross — a 50-day crossing of the 200-day EMA — this crossover is nonetheless significant.
Attorney John Deaton has taken a decisive step to represent the interests of XRP holders. Deaton, who is also a candidate for the U.S. Senate, has filed a motion to appear as amicus counsel in the SEC's appeal against Ripple.
Despite growing optimism in the crypto community about XRP's future, the cryptocurrency tied to Ripple has come under increased scrutiny from market analysts, particularly following its ongoing price consolidation and price drop over the past two days.
Bitcoin's bounce back to $68,000 raises the chance of a rally in SOL, DOGE, RUNE and BGB.
The market sentiment returned to positive as Bitcoin (BTC) regained momentum, aiming for a breakout above $70,000. Breaching this level will inject a fresh bullish wave into the crypto market, with investors waiting in anticipation. Topping this list of new DeFi projects to watch out for is DTX Exchange (DTX), a novel exchange-based token.
Crypto markets saw a mixed week with altcoins rallying and major tokens facing slight declines. Market volatility highlights investor interest.
The crypto market witnessed a notable downtick at the end of October, likely fueled by pre-election uncertainty. As Bitcoin reverted from $70,000, most major altcoins, including SOL, are experiencing a stalled recovery momentum.
Ripple's Garlinghouse warns of potential Tether disruption, calling it a “Black Swan event,” as WSJ scrutiny intensifies.
Ripple CEO Brad Garlinghouse recently provided clarity on the company's initial public offering (IPO) aspirations during an interview on the Thinking Crypto podcast. He stated unequivocally that pursuing an IPO is not a current priority for Ripple.
In today's edition of the weekly recap: Ripple files a cross-appeal in the SEC lawsuit; spot Bitcoin ETFs reach a new milestone; reports of Tether's probe; crypto sees renewed adoption. Ripple v.
Ripple's price tests crucial resistance at $0.51 as Open Interest rises. Key price levels, technical indicators point to an impending market shift for XRP.
Ripple and SEC's appeals process moves forward with new filings, while third-party briefs are poised to play a decisive role.
In a recent development in the Ripple litigation in California, a U.S. District Court Judge issued orders on several motions, bringing further clarity to the ongoing lawsuit in which plaintiffs allege securities law violations by the cryptocurrency company. The parties involved in the XRP lawsuit have scheduled settlement talks as the court prepares for a pretrial conference on Dec. 19 and jury selection on Jan. 21, 2025.
The uptrend that dominated the market in recent weeks hit a roadblock last week, with the global crypto market losing $70 billion in a correction to $2.28 trillion.
Ripple Labs has formally appealed a crucial $105 million judgment in its prolonged legal case against the U.S. Securities and Exchange Commission (SEC), marking a significant moment in the regulatory debate over cryptocurrency. Attorney Jeremy Hogan, who has closely followed the case, points out that Ripple's legal arguments have broader implications for the crypto industry, potentially challenging the SEC's framework and raising key questions around what constitutes an “investment contract.
Ripple co-founder Chris Larsen offered a scathing criticism of U.S. Securities and Exchange Commission Chair Gary Gensler in a recent interview with CNBC, arguing that he is the worst public servant of all time.
In the maturing cryptocurrency market, seasoned investors want to find opportunities that could provide generational wealth. There are good options like Ethereum (ETH) and Solana (SOL) because these altcoins have solid ecosystems and real use cases,
Here's why ongoing AI memecoin craze could benefit SOL's price after US elections
Ripple Labs has moved to challenge the SEC in the US Court of Appeals for the Second Circuit, filing a Form C cross-appeal to contest key aspects of the SEC lawsuit.
Solana cannot serve as the backbone of the so-called “new” global financial system, according to Ethereum community member Ryan Berckmans. Solana (SOL) shifted from its initial “monolithic” approach to acknowledging the importance of Layer 2 solutions.
Learn about Ripple (XRP), a digital currency designed for fast, low-cost international payments. Discover how it works, its uses, and its impact on finance.
Ripple Labs Inc. made headlines as it filed a detailed pre-argument appeal statement in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). This filing outlines four major issues that Ripple seeks to challenge in its cross-appeal, marking a significant step in the company's efforts to clarify its position regarding the sale and classification of XRP.
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The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. The crypto market, exhibiting signs of recovery, has taken a U-turn.
Economist Alex Krüger is putting traders on notice in regards to Ethereum, saying that one of ETH‘s biggest rivals has already reached escape velocity and will likely continue to outperform.
Arkham Intelligence now offers comprehensive on-chain data services for Solana (SOL), enhancing capabilities for users to track and analyze blockchain activity.
Ripple vs SEC is moving in circles with no end in sight, Legal expert Fred Rispoli has explained that Ripple's appeal in the SEC case will focus heavily on paperwork, not new evidence or a trial. Each side will file written briefs—an opening statement, an opposition, and a reply.
Automated Market Makers (AMMs) have experienced an "extreme" increase in volume.