Ripple co-founder and Executive Chairman Chris Larsen said he'd added another $10 million in the Ripple-tied token {{XRP}} in an effort to boost Vice President Kamala Harris as the Democrat faces off against former President Donald Trump in next month's election.
Ripple co-founder Chris Larsen has made another crypto donation to the campaign of Vice President Kamala Harris. On Oct. 21, Larsen took to X to confirm reports that he had donated $10 million in the XRP cryptocurrency to the Democratic presidential candidate's campaign.
"This case has always felt like Moby Dick (with Gensler starring as Captain Ahab)," Alderoty said.
As the election between Kamala Harris and Donald Trump approaches, more details are coming up about donations from leading figures in the crypto market. People have long noted that this election could greatly impact the market.
As Bitcoin (CRYPTO: BTC) inches closer to its all-time high, experts predict a bullish momentum for the leading cryptocurrency, while (CRYPTO: XRP) is mired in regulatory uncertainty due to the ongoing SEC appeal against Ripple . What Happened To Bitcoin: Market analysts from Bitget and Hashdex have weighed in on the diverging futures of Bitcoin and XRP, citing regulatory and market factors shaping their trajectories.
Ripple's chief legal officer, Stuart Alderoty, confirmed that the U.S. Securities and Exchange Commission has not appealed the court's ruling that XRP is not a security.
Chris Larsen suggested that Democratic lawmakers could have a “new approach to tech innovation” under a Kamala Harris presidency starting in 2025.
Stuart Alderoty, Ripple's Chief Legal Officer, provided insight into the SEC's attempts to appeal a landmark ruling by Judge Torres. He outlined the precarious position the SEC finds itself in, suggesting that the appeal might not yield the results they desire.
Analysis shows a surge in new and active addresses while XRP stays stable at $0.55. Read on to explore how on-chain activity could impact the price.
Chris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to support Kamala Harris's campaign.
Ripple (CRYPTO: XRP) Labs co-founder Chris Larsen has made a significant financial contribution to Kamala Harris‘ presidential campaign, donating nearly $10 million to support the Vice President's run for the White House. What Happened: This comes just weeks before the highly anticipated election between Harris and Donald Trump.
A Ripple IPO prospect has been the talk of the crypto market for several months. Such an IPO would add to Ripple's legitimacy and provide a route for more mainstream investors to join in.
Popular altcoin XRP is gaining traction in the crypto market as the digital asset continues to attract bold predictions from inspired crypto enthusiasts following a recent price recovery due to a general market rebound and strong investor sentiment.
Ripple co-founder Chris Larsen has donated over $11.8 million to political action committees supporting Vice President Kamala Harris's presidential campaign. According to CNBC, the donations include $9.
Ripple (XRP) price has been under considerable pressure recently, driven by bearish technical indicators and legal challenges. Despite a recent decline, some signs hint that the selling pressure could be easing, as indicated by a recovery in RSI levels.
With the election between Kamala Harris and Donald Trump weeks away, more evidence of donations from top crypto leaders like Chris Larsen is coming to light. Long before now, many have highlighted how this election is pivotal to the broader crypto industry.
Ripple's Chief Legal Officer (CLO), Stuart Alderoty, has made bold predictions regarding the SEC's chances in the appeal process, while recent data indicates increased activity among XRP investors, commonly known as “whales.”
The XRP price has jumped by 2.5% in the past 24 hours, hitting $0.553 as the crypto market as a whole slips by 0.5% today.
The volume of derivatives on the popular cryptocurrency, XRP, soared by over 130% today, according to data from CoinGlass. As reported, trading activity in mostly perpetual futures on the seventh largest cryptocurrency jumped as high as $1.19 billion, more than double the amount traded the day before.
In a significant development, MetaMask users may now easily access XRP Ledger with a single click. In a new tweet, Peersyst, a Ripple partner developing the XRP Ledger EVM sidechain, announced the launch of XRP Ledger Snap for MetaMask.
The XRP price is currently trading at $0.554, having increased by 3% in the past 24 hours. However, XRP largely remains in the red in a 30-day timeframe, having broken below the $0.6 threshold earlier in the month.
Bitcoin and XRP are two popular cryptocurrencies that have become some of the main highlights of CoinShares' latest weekly report on outflows and inflows into cryptocurrency-focused investment products.
A new week has started with ongoing bulls' dominance, according to CoinMarketCap.
The cryptocurrency market has experienced a notable upside rally in the past few days. Amid this rally, Ripple's native token XRP remained consolidating.
Brad Garlinghouse, Ripple CEO, recently appeared on a podcast called “Thinking Crypto,” where he shared his thoughts on an Initial Public Offering (IPO). Garlinghouse maintained that an IPO was not a high priority for Ripple.
Fresh election data shows that with two weeks to go until the general election, the crypto industry mostly donated to Vice President Kamala Harris, and to a mix of tight House races in September.
An AI-generated video purports to show Chris Larsen claiming to give away XRP and a trader 10x from MicroStrategy coin but gave it to a phishing account.
Ripple's token has recovered after bottoming at $0.5078 on Oct. 3 following the announcement of its new US dollar stablecoin. Ripple (XRP) was trading at $0.5500, bringing its market capitalization to $31.2 billion, making it the seventh-largest cryptocurrency.
Ripple CTO David Schwartz, has recently reacted to a recent argument made by Self Proclaimed Satoshi Craig Wright in an X post.
During Monday's Asian market session, the XRP price prediction showed a 0.5% surge to reach $0.55 and boost a market cap of $31.5 Billion. As the price attempts to reclaim the 200-day Exponential moving average, crypto analysts predict the Ripple coin target of $589 if holders remain patient.
As the XRP price shows signs of recovery, a new contender, RCO Finance (RCOF), emerges as a potential game-changer in the DeFi space. With predictions of a staggering 2,000% ROI, RCOF could surpass XRP's growth, making it an attractive investment opportunity for those looking to capitalize on the evolving crypto landscape.
Elon Musk acknowledged XRP for the first time. Musk's opinion is not an endorsement or a lack of endorsement for XRP.
Bitcoin (BTC) registered its best week in over a month, with its price up almost 8% as the world's largest cryptocurrency edges towards the $70,000 mark. BTC is currently trading just under $69,000 and has been up almost 1% in the past 24 hours.
Here's what suggests that XRP bulls may enjoy a rally soon.
At least three significant economic data releases are scheduled to take place this week: Jobless Claims, Manufacturing PMI, and Services PMI. All these crucial data releases are set to happen on October 24.
On Sunday, October 20, billionaire Elon Musk hosted a town hall meeting in support of Republican presidential candidate Donald Trump in Pittsburgh, Pennsylvania.
After days of lackluster range trading that left many wondering about its next move, XRP has finally shown signs of life, initiating a modest rebound.
Ripple has been experiencing a slight corrective consolidation stage following a notable plummet toward the $0.5 region. Nevertheless, the asset faces a significant resistance region, potentially leading to rejection and a subsequent decline aiming to reclaim the $0.5 support.
SpaceX and Tesla CEO Elon Musk discussed various topics during his political rally in Pennsylvania. When questioned about crypto regulations in the United States and his opinion on the XRP Ledger's potential adoption by financial institutions, Musk remained neutral on XRP while affirming support for the overall cryptocurrency market.
The network growth for XRP recently increased by 50%, which is usually an indication of rising activity and user adoption. However, there were concerns about the sustainability of this growth after the spike was followed by a steep 30% decline.
In the current bull market, XRP's trajectory remains uncertain, especially with the ongoing legal battles against the SEC. While there have been mixed reports regarding the SEC's actions, the reality is that Ripple is actively working to address these challenges .
Elon Musk, the renowned CEO of Tesla and SpaceX, recently stirred excitement among the XRP community during a town hall speech in Pittsburgh. While answering audience questions, he mentioned XRP for the first time, leading many fans to speculate whether he secretly supports the cryptocurrency.
The XRP Ledger has seen a massive spike in adoption as showcased by the unique active addresses surge.
Tech mogul Elon Musk has, for the first time, mentioned the Ripple-promoted XRP cryptocurrency while answering questions from the attendees after giving his speech at a Pittsburgh town hall.
Elon Musk, CEO of Tesla and SpaceX, directly mentioned XRP for the first time during a Town Hall meeting in Pittsburgh, Pennsylvania.
Ripple's XRP, one of the most prominent cryptocurrencies, has demonstrated notable resilience despite renewed regulatory challenges.
John Deaton, a pro-XRP lawyer and Republican candidate from Massachusetts, is bagging traction in his battle against Senator Elizabeth Warren. Coinbase's CEO, Brian Armstrong, endorsed Deaton in a fresh X post, and raised questions against the US SEC Chair, Gary Gensler.