The Wall Street Journal cited unnamed individuals as the source of the claims that the United States government is investigating Tether.

At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold.

Tether CEO Paolo Ardoino confirms the company's multibillion-dollar Bitcoin and gold reserves, reassuring the crypto community.

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.

Paolo Ardoino, the CEO of stablecoin issuer Tether, is squashing rumors that his firm is being probed by federal agencies. In a post on the social media platform X, Ardoino addresses a Wall Street Journal (WSJ) report, which claims that authorities are investigating Tether for potential violations of anti-money laundering and sanctions laws.

Lugano has taken significant steps in crypto adoption by embracing digital asset payments and recognizing BTC, USDT, and its LVGA token as legal tender.

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.

Tether CEO Paolo Ardoino has previewed the company's latest innovation in Artificial Intelligence at the Lugano Plan ₿ event. The AI development kit prioritizes privacy and leverages peer-to-peer (P2P) technology, enabling developers to write code once and deploy it across various platforms.

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.

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.

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.

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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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.

Bitcoin is trading at the edge of a descending broadening pattern and is poised for an upside move, while Ethereum and XRP remain bearish with uncertain price direction.

XRP stabilizes above $0.50 as Ripple, SEC appeals unfold. Investor sentiment cautious amid ongoing legal battles.

XRP, the cryptocurrency often associated with the Ripple network, has been generating buzz lately, primarily due to ongoing legal developments with the U.S. Securities and Exchange Commission (SEC) and Ripple's CEO publicly backing Kamala Harris in the upcoming elections. Despite this attention, XRP's recent price trends paint a picture of uncertainty and volatility, leaving investors and traders on edge.

Circle chief executive officer, Jeremy Allaire has confirmed that the stablecoin issuing company remains committed to launching an initial public offering (IPO). Interestingly, these comments have come amidst a controversial report on Circle's biggest competitor Tether.

The ever-fluctuating world of cryptocurrencies, recent days have witnessed a surge in price volatility, rekindling interest among investors and traders alike. Notably, two altcoins, Solana (SOL) and Ripple (XRP), have been in the spotlight, drawing significant attention due to their dramatic price movements.

The SEC vs. Ripple Labs fight is getting more heated and attorney Fred Rispoli said one of the possible outcomes of this saga could be Ripple winning.

Ripple CTO David Schwartz has dismissed the legal case against Character.AI, asserting that it lacks merit under U.S. law. Schwartz expressed his views on social media, emphasizing that while he does not defend Character.AI's moral responsibility, the legal arguments made against the company are flawed.

XRP price recently struggled to regain bullish momentum, with the altcoin declining since the start of October. Initially trading well above $0.60, the altcoin has now dipped to $0.51, raising concerns among investors.

Ripple CEO Brad Garlinghouse has made headlines recently by acknowledging a significant misstep in the company's approach to U.S. regulators. Speaking at DC Fintech Week, he expressed regret for not engaging with regulators earlier, a move he now sees as critical given Ripple's ongoing legal challenges with the U.S. Securities and Exchange Commission (SEC).

Ripple intensifies its legal fight against the SEC as XRP network activity surges, hinting at potential revival amid ongoing challenges.

Crypto analyst Egrag Crypto has predicted that the XRP price can reach $95 soon. This prediction has raised eyebrows considering the crypto's current price.

The cryptocurrency market is currently facing turbulence following reports of a U.S. investigation into Tether, one of the market's most crucial stablecoins. As uncertainty looms, the implications of this investigation could have far-reaching effects on the broader crypto ecosystem.

Ripple-affiliated cryptocurrency XRP has been in the spotlight lately, partly due to legal developments in the case with the United States Securities and Exchange Commission.

Ripple's active sending addresses reached their highest point in six months - Is a bull run coming?

Tether denies investigation claims, confirms no IPO plans, and unveils a Satoshi Nakamoto statue, signaling its commitment to crypto innovation.

In the latest development in the ongoing SEC v. Ripple lawsuit, the United States Securities and Exchange Commission has requested a deadline to file its principal brief, aiming for Jan. 15, 2025.

The weekend has started bearish for the majority of the coins, according to CoinMarketCap.

The crypto market faced intense volatility as reports surfaced of a possible investigation into Tether, followed by heightened geopolitical tensions in the Middle East. On October 25, the Wall Street Journal reported that the U.S. Attorney's Office might be probing Tether over alleged third-party misuse of its platform.

The ongoing legal battle between the SEC and Ripple Labs is heating up, as the SEC has formally requested an extension for its principal brief deadline, pushing it to January 15, 2025.

XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading volumes, skyrocketing by 58% in the last 24 hours. This spike coincides with a broader sell-off in the cryptocurrency market, which saw a staggering $377 million in liquidations.

Tether (USDT) has recently experienced sustained capital inflows, with the stablecoin hitting historic market cap levels. While such a trend is historically positive for the crypto market, analysis suggests that this momentum may not be ideal for Bitcoin (BTC).

As Tether faces renewed regulatory scrutiny, Bitcoin's future is hanging in the balance.

Bitcoin and other major cryptocurrencies encountered sharp price swings following a controversial report on Tether, which occurred amid escalating tensions in the Middle East.

As reported by U.Today, in May 2024, Ripple chief executive officer Brad Garlinghouse, while talking about crypto and blockchain on a podcast, mentioned that he expected a “Black Swan event” to happen to Tether over its chief product – USDT.

XRP has recently witnessed a surge in blockchain activity, marked by a significant rise in the number of active sending addresses, according to latest data. This increase in active addresses comes amid the asset's continuous struggle to register any significant rally in price.

XRP price has crashed nearly 27% since forming a local top on September 29, 2024, at $0.664. With crypto markets sliding lower due to the Tether FUD and escalation of the Israel-Iran conflict, Ripple will also continue its descent.

XRP may soon join that list if it can replicate the stunning performance of Binance Coin (BNB) from 2020 to 2021. As the market undergoes a bullish phase, XRP, once hindered by legal challenges, now stands poised for a potential rebound.

Bitcoin dipped to $65,521 from a high of $68,722, reflecting a 5% loss influenced by Tether's scrutiny. Currently, Bitcoin has bounced back to $67K amid ongoing volatility.