Ripple Labs CEO Brad Garlinghouse believes the US will become more crypto-friendly regardless of which political party wins the upcoming election, CNBC reported on Oct. 24.
Ripple Labs, the company behind the popular cryptocurrency XRP, has taken decisive action in its ongoing legal struggle with the U.S. Securities and Exchange Commission (SEC). As the clock ticks down to a crucial deadline, Ripple is rallying its legal team to strengthen its position, leaving the XRP community hopeful for a favorable outcome that could lead to significant price increases.
Ripple CEO Brad Garlinghouse is confident that the U.S. Securities and Exchange Commission (SEC) will greenlight spot XRP-based exchange-traded funds (ETFs), even if his San Francisco-based blockchain payments firm has been locked in a long-drawn-out legal dispute with the Wall Street regulator.
As investors grapple with the cryptocurrency market's next moves amid recent turbulence driven by geopolitical and economic concerns, attention is shifting away from established top-cap coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) toward the burgeoning appeal of meme coins.
Ripple has thrown millions behind Kamala Harris.
Ripple's legal challenge could redefine regulatory boundaries in the crypto industry, potentially limiting the SEC's influence over digital assets. The post Ripple to file Form C as SEC prepares for appeals battle over XRP sales appeared first on Crypto Briefing.
The ongoing legal battle between Ripple and the SEC, Marc Fagel, a former lawyer for the SEC, has shed light on a recent filing that has raised speculation within the XRP community. The case, which has been closely watched by cryptocurrency enthusiasts and investors, has seen its fair share of twists and turns.
The WoofSwap team, operating the decentralized exchange (DEX) on the Shibarium network, has unveiled a novel Shiba Inu token-burning mechanism through the introduction of a new token named FEED. TThe announcement was made via X, where WoofSwap detailed the intended impact of FEED.
Ripple SEC lawsuit continues with the company's civil appeal document today to contest the SEC's claims regarding XRP's institutional sales.
Fiery competition between the blue-chip meme coins sends the meme section up 21%, defying broader market momentum.
Ripple Labs CEO Brad Garlinghouse has been skeptical of crypto regulation in the U.S., but he is feeling highly optimistic about the post-election environment around the corner.
Former President Donald Trump recently hinted that he might nominate individuals for the position of SEC chair if he wins the upcoming election in November. He pledged that on his first day in office, he would fire current SEC Chair Gary Gensler. In an interview with David Lin, Commissioner of the U.S.
XRP price has struggled to regain bullish momentum over the past four weeks, with the altcoin experiencing a lack of significant movement. As a result, many key holders have seen their profitability decline, putting additional downward pressure on the cryptocurrency.
Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.
The popular meme-inspired Shiba Inu (SHIB) cryptocurrency continues to make headlines, this time with a staggering more than fivefold increase in a key on-chain metric.
XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading activity over the past 24 hours, reflected in its trading volumes.
In a recent interview, Ripple CEO Brad Garlinghouse admitted that the payments technology company should have done better with its relations with regulators in the United States in the early days of XRP. This comment was made in relation to the legal enforcement actions Ripple has been facing in the past few years.
XRP is capturing the attention of analysts and investors alike. Recently, crypto market commentator Steph shared insights on social media platform X (formerly Twitter), predicting a possible surge in XRP's price to $40.
XRP price is on the road to recovery after dipping to $0.5141 during Wednesday's late New York trading session. The asset has stagnated for a long time, often bouncing between $0.5 and $0.7 despite numerous adoptions surrounding Ripple.
On Thursday, enterprise blockchain company Ripple is supposed to file its pre-appeal statement (Form C), according to Fox Business.
"20x to 30x for XRP from here is not that crazy. It's actually capable of more," BitBoy suggested.
According to the market intelligence platform IntoTheBlock, Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Ethereum (ETH) have emerged as the coins with the longest holding period. This is significant because it indicates that crypto investors have the most faith in these coins.
Ripple Labs CEO Brad Garlinghouse remains confident that an exchange-traded fund (ETF) for (CRYPTO: XRP) is “just inevitable” despite ongoing regulatory challenges. As institutional demand for cryptocurrency surges, Garlinghouse emphasized the importance of crypto ETFs, pointing to the explosive growth seen in Bitcoin ETFs since their approval.
Per IntoTheBlock data, Dogecoin and Shiba Inu are among the longest HODLed coins in the market.
Ripple CEO reveals Citibank severed ties with him over his crypto affiliation, underscoring the challenges faced by the industry.
Shiba Inu (SHIB) has many battles to fight to keep up its promising outlook. Shiba Inu whales have stepped up in the ongoing fight against sell-offs from some HODLers.
Concern is being raised by Shiba Inu after a crucial on-chain metric provides an unexpected glimpse into the condition of its holders. Data shows that only 2% of SHIB holders are classified as short-term investors, which indicates that very little of SHIB's supply is being purchased and sold quickly.
Ripple CEO Brad Garlinghouse has expressed optimism about the future of an XRP-focused exchange-traded fund (ETF).
According to data from Arkham Intelligence, an unknown whale took practically 12.7 billion Shiba Inu (SHIB) tokens from the largest crypto exchange in the United States, Coinbase, late yesterday. This amount of the popular meme-inspired cryptocurrency is equivalent to just over one-fifth of a million dollars and represents nothing out of the ordinary.
The second biggest meme coin, Shiba Inu, has been depending on the SHIB burn mechanism in hopes of increasing its scarcity and providing more stability in the price. Even since the introduction of token burning, Trillion of tokens have been reduced from the total supply, but there is no significant difference in the SHIB price
Ripple's CEO predicts that U.S. elections will spark a regulatory reset for crypto, as both candidates bring unique approaches.
The price of Shiba Inu (SHIB) has fallen further above the moving average lines. The bulls and bears are trying to hold above the 21-day moving average as the cryptocurrency continues to lose ground.
The cryptocurrency market is currently grappling with bearish trends, and Shiba Inu (SHIB) is no exception. Recently, SHIB saw a 3% drop in value over 24 hours, trading at $0.0000185.
Ripple's price has been bearish over the last few weeks as it failed to continue its upward momentum. Looking at the technical charts, more downsides are probable in the short term.
Ripple CEO Brad Garlinghouse says an XRP ETF approval is inevitable, pointing to growing institutional demand for crypto ETFs.
The value of Shiba Inu, the second-largest meme coin behind Dogecoin, has been fluctuating a lot recently, much like many other coins in the crypto market.
Ripple vs SEC lawsuit is set to proceed in the U.S. Second Circuit Court of Appeal as the government agency filed Form C. Surprisingly, the US Securities and Exchange Commission has reinstated securities law violation charges against Ripple executives Brad Garlinghouse and Chris Larsen.
The cryptocurrency market is showing signs of recovery, with several XRP competitors emerging as strong contenders. These coins have demonstrated remarkable growth, making them potential investments to transform $1 into $1000 by 2024.
ChatGPT and CoinCodex talk about the future of crypto for banks.
With increased price volatility in the cryptocurrency market, top tokens have regained momentum. Moreover, altcoins such as Solana and Ripple have gained significant attention from the crypto space due to their extremely volatile price action over the past few days.
Chris Larsen, the co-founder of XRP and executive chairman of Ripple, has donated a remarkable $10 million in XRP to support Vice President Kamala Harris' campaign for the upcoming 2024 presidential election. This substantial contribution not only underscores Larsen's commitment to Harris but also highlights the increasing significance of digital currencies in political fundraising.
Ripple CEO predicts a crypto industry reset, highlights presidential candidates' contrasting stances, and expects the inevitable approval of an XRP ETF.
Ripple CEO Brad Garlinghouse shared that major banks, including Citi Bank, rejected working with him due to his crypto involvement.
According to the Shibburn meme wallet tracker, over the past 24 hours, the SHIB community has not advanced in burning their favorite meme coin. The data source shows zero Shiba Inu coins scorched with a minus 100% reading of this metric.
Ripple CEO Brad Garlinghouse recently admitted that the company should have engaged with U.S. regulators earlier. Speaking at DC Fintech Week, he acknowledged that Ripple is now trying to make up for lost time after facing significant legal challenges from the U.S. SEC.
The legal clash between Ripple and the Securities and Exchange Commission (SEC) has kept the crypto world buzzing. At the heart of this battle is the SEC's appeal concerning the classification of XRP as an unregistered security.
Ripple's CEO, Brad Garlinghouse, was de-banked by a U.S.-based banking institution, Citibank. The crypto executive emphasized that the bank de-banked him for his close ties and prominence in the crypto industry.