Ripple has received in-principle financial services license approval from the Dubai Financial Services Authority (DFSA).

With the U.S. financial watchdog, the SEC, getting close to the Oct. 7 deadline to appeal the recent Ripple ruling, XRP holders are looking forward to seeing what the agency does next. The verdict, which said that secondary XRP sales are not securities, was first seen as a big legal win for Ripple.

Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA), marking a significant step in its efforts to boost financial services innovation in the United Arab Emirates (UAE), according to an Oct. 1 statement.

XRP has recently gained attention in the crypto community, with analysts predicting a significant price surge in the near future. One notable market observer, known as Crypto Wizard, has forecasted what he describes as a “turbo candle” for XRP, suggesting that the digital asset could soon witness a substantial price increase.

The XRP price fallen by 3% in the past 24 hours, slipping to $0.6288 on a day when the crypto market as a whole has fallen by 1.5%.

In a revelation on the upcoming Ripple USD (RLUSD) stablecoin, insights emerged from a conversation with a former Ripple employee who was intricately involved in developing Ripple's On-Demand Liquidity (ODL) product.

Ripple, the San Francisco-based crypto payment provider, has released another one billion XRP tokens from its escrow accounts, according to a Whale Alert report. As usual, Ripple released the XRP tokens on Oct. 1, which is its standard practice for the first day of each month.

The price of XRP (XRP) is trading above the moving average lines after the breakout on September 14.

Recent activities include minting significant amounts of RLUSD, suggesting the testing phase might be wrapping up or moving into a more active phase of development.

TL;DR Ripple Receives Approval: Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services within the Dubai International Financial Centre (DIFC). Strategic Expansion: The approval allows Ripple to offer its enterprise-grade digital asset infrastructure, including Ripple Payments Direct (RPD), to a broader customer base in the UAE.

Ripple has advanced its compliance pursuit with a full license to operate as a money service business in Dubai.

Ripple's RLUSD stablecoin faces potential delays and functionality restrictions on the XRP Ledger due to issues with its integration into the Automated Market Maker.

American blockchain payments firm Ripple Labs Inc. is expanding globally after securing a major operating license in Dubai. The firm announced that it has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).

Ripple gains in-principle approval from Dubai's DFSA, moving closer to offering cross-border crypto payment services in the UAE.

Ripple insider discloses that the upcoming Ripple RLUSD stablecoin will actually benefit XRP price. Ripple CEO Brad Garlinghouse revealed in Korea Blockchain Week (KBW) 2024 that the RLUSD will be released “in weeks, not months.

The crypto market displays bearishness as Bitcoin plunges below $64,000, trading above $63,900 at press time. With experts confident that the prevailing downsides to offer dip-buying opportunities before solid rallies in the much-anticipated “Uptober,” various topics have caught the crypto community's attention today.

Ripple bags preliminary approval for financial licensing in the UAE, expanding its scope of services.

Ripple, a digital assets infrastructure, has secured in-principle approval from the UAE's Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).

Robinhood Crypto on Tuesday said it has launched crypto transfers in Europe, enabling users to deposit and withdraw more than 20 cryptocurrencies and also earn a 1% yield on deposits. However, it has excluded a few tokens including Ripple's XRP, zkSync (ZK), Wormhole (W), Arbitrum (ARB), Cosmos (ATOM), Polkadot (DOT), EOS, Fantom (FTM), Jupiter (JUP),

The legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is heating up, as the possibility of an appeal by the SEC becomes increasingly likely. With crucial implications for the cryptocurrency market and the future of digital asset regulation, both traders and investors are bracing themselves for what could be a pivotal moment.

San Francisco-based Ripple announced Tuesday that it obtained in-principle approval from the Dubai Financial Services Authority (DFSA), the regulator responsible for overseeing various financial activities.

Ripple releases 1 billion XRP, saving XRP from a 4.26% drop in 24 hours and stabilizing the crypto market.

In the past 24 hours, XRP has dropped around 4%. The possible reasons for the short-term weakness arise from the SEC's potential appeal against Ripple.

Ripple has obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its blockchain-based payment services in the United Arab Emirates (UAE). This approval allows Ripple to operate from the Dubai International Financial Centre (DIFC), significantly boosting its presence as a regulated entity within the Middle East.

Ripple's native cryptocurrency, XRP, has been riding a wave of optimism, climbing past the $0.66 mark. Many investors are now eyeing the possibility of the coin hitting $0.91, as the market shows signs of a bullish breakout.

Check out what could be XRP's next move.

Legal experts, including former SEC attorneys, believe an appeal is likely, citing concerns about inconsistencies in rulings related to programmatic XRP trading.

XRP News: XRP price today sparked bearish market sentiments across the crypto landscape, tanking nearly 5% against the backdrop of Ripple's 1 billion token unlock. On-chain data indicates that the American blockchain payments firm unlocked a whopping 1 billion coins from escrow, raising concerns among market watchers despite the native token being on a price

XRP's price has been battling to break above the 78.6% Fibonacci Retracement line since early March, facing significant resistance. Despite repeated attempts, the altcoin has failed to maintain a breakout, keeping it in a bearish zone.

The US Securities and Exchange Commission has just days to appeal the much-talked-about Ripple ruling that recognized secondary XRP sales as non-securities. The deadline is set for Oct. 7.

The cryptocurrency XRP has reached its highest price in six months, driven by a significant increase in investments from large holders, commonly known as “whales.” This development has sparked optimism among analysts and investors, suggesting a positive trend for XRP and the broader cryptocurrency market.

XRP price started a downside correction below the $0.650 level. The price is now trading near the $0.6120 support and might aim for a fresh increase.

XRP drops 4.6%, nearing $0.60 as the SEC appeal deadline looms in the Ripple case.

On-chain data shows the XRP whales have participated in a significant amount of buying recently, a potential reason behind the asset's surge. XRP Whales Have Added 470 Million Tokens To Their Supply Recently As explained by analyst Ali Martinez in a new post on X, the XRP whales have expanded their holdings over the last 10 days.

Trading volume for Dogecoin surged significantly recently, hitting an all-time high of $1.2 billion. The sudden surge in activity caused traders and investors to jump on DOGE, temporarily driving up its price.

The Securities and Exchange Commission has until October 7 to appeal a controversial ruling in its high-profile legal battle with blockchain payments company Ripple

American blockchain payments firm Ripple Labs Inc. is unrelenting in its series of tests for its RLUSD stablecoin. About an hour before writing, the company minted a fresh 80,000 RLUSD to perfect the process of minting and burning the tokens.

The clock is ticking for the U.S. Securities and Exchange Commission (SEC) as it approaches a critical deadline regarding its ongoing legal battle with Ripple Labs over the XRP token. With only days left until October 7, 2024, legal experts and crypto enthusiasts are closely watching to see if the SEC will decide to appeal a recent ruling by the U.S. District Court for the Southern District of New York.

"I'm 60/40 rn in favor of seeing an SEC notice of appeal but the stakes are really high for the SEC," Fred Rispoli said.

The recent rally of XRP price beyond the $0.66 mark has sparked optimism in the market, with many anticipating the rally to continue ahead. However, the rally appeared to have been short-lived, as evidenced by the recent price changes in crypto.

A new wave of speculation has swept through the cryptocurrency landscape, thanks to a bold assertion from Crypto Tank, a well-known figure in the XRP community. He has ignited conversations around the possibility of XRP reaching a remarkable $1,000 per token.

The XRP recent price movements have caused a major stir in the crypto market, with the cryptocurrency experiencing a significant price surge and breaking out of crucial resistance levels. Driven by its recent bullish momentum, XRP has succeeded in breaking a key bullish pattern, as a result, a crypto analyst has predicted that it could potentially jump 4X to new highs of $2.6.

The XRP community is currently abuzz with speculation regarding the imminent release of the Ripple stablecoin, RLUSD. Contrary to widespread rumors, Vet (@Vet_X0), a recognized XRPL dUNL validator and co-founder of the leading NFT marketplace on the XRP Ledger “xrp.cafe,” has clarified that the RLUSD will not be fully functional on the XRPL this year.

The ever-evolving world of cryptocurrencies, predictions about soaring prices often capture the imagination of investors and enthusiasts alike. One of the most eye-catching assertions comes from Quincy Jones, a former developer with R3 Corda.

Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.

XRP closed another week up 8%, overcoming previous stubborn resistance at $0.60. It is currently up 12% for the month and it's on track to closing its strongest quarterly return since Q1, 2023 — which was approximately just over a year ago.

XRP, the digital asset associated with Ripple Labs, has recently captured significant attention in the cryptocurrency market, driven by impressive price movements and bullish sentiment among traders and analysts. As of September 30, 2024, XRP has successfully cleared a critical resistance level, trading around $0.6438 after gaining over 12.44% from a Friday close of $0.