Here's why XRP has caught the eye of industry participants as of late.
Ripple has announced the opening of its high-speed payment solution, Ripple Payments, in Brazil.
The XRP token is a sleeping giant that is suffering from Ripple's legal dispute with the SEC. But can the token rise again afterwards?
According to data provided by cryptocurrency analytics platform Santiment, the Ripple-affiliated XRP token has emerged as the top-trending cryptocurrency.
Amid the broader market correction, altcoins have faced an even deeper fall with Ethereum (ETH) and other top alts plummeting by 10-15% over the past week. However, the Santiment analysis shows that three altcoins – XRP, APT, and LINK – could make big moves ahead amid fundamental developments and institutional interest.
The US SEC's decision to appeal against a federal court ruling last year that recognized XRP is not a security has created shockwaves in the cryptocurrency market, especially the XRP market. The XRP price has dropped at least 1.2% in the last 24 hours. On September 30, the opening price of XRP was around $0.6405.
XRP whales nabbed significant investor attention on Friday, moving hundreds of millions of coins in light of the latest development in the Ripple vs SEC lawsuit. On-chain data indicated nearly 153 million coins shifted by whales as the U.S. SEC filed for a ‘notice of appeal‘ against Judge Analisa Torres' final judgment in the Ripple
Peter Brandt, a well-known commodity and forex trader, has shaken up the XRP community with his latest bearish price prediction. As Ripple continues to battle with the U.S. SEC, Brandt forecasted that XRP's value will sink to $0.034 in the long term.
Ripple vs SEC case has taken yet another turn, after the SEC's decision to appeal Judge Analisa Torres' ruling in its long-standing case against Ripple, filing a “notice of appeal” to the Second Circuit Court.
XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance.
XRP drops further after SEC files appeal in Ripple case, raising concerns over potential legal challenges.
Ethereum is experiencing a prolonged period of aggressive selling pressure, leading to a marketwide sell-off. The latest data shows that ETH has significantly lost ground, with its market capitalization having dropped by billions.
Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region's crypto landscape, helping businesses move funds 24/7.
Ripple's ongoing legal war with the U.S. Securities and Exchange Commission (SEC) has reached a new chapter, sending ripples across the cryptocurrency market. On October 2, 2024, the SEC officially filed an appeal to challenge a pivotal ruling in the high-profile case, causing XRP, Ripple's native cryptocurrency, to plunge by 12%.
Gurbir Grewal's departure, coinciding with the Ripple appeal, has raised speculation about internal tensions and the agency's crypto strategy.
Is XRP's recent drop of over 14% linked to the SEC's latest actions in the Ripple lawsuit?
Peter Brandt, a commodity and foreign exchange trader, has triggered the XRP community with his new price prediction for the Ripple-associated coin. This comes amidst the ongoing case with the United States Securities Securities and Exchange Commission (SEC) and the recent price dip.
XRP experienced a flash crash Thursday, dropping by around 15% just hours after news broke that the U.S. Securities and Exchange Commission (SEC) filed a notice of appeal against Judge Analisa Torres' August ruling in the landmark Ripple lawsuit.
Yesterday, Wednesday, the United States Securities and Exchange Commission (SEC) formally extended the XRP lawsuit against Ripple by filing a Notice of Appeal regarding Judge Torres's ruling. Following this news, the price of XRP plunged by more than 10%.
With spot crypto ETFs gaining momentum, many expect the upcoming US election to influence their approval.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cuy Sheffield of Visa explains the payment processor's new tokenization platform for banks.
It appears that Ripple's native token is poised for a massive price crash as whales and institutions continue to offload their holdings. Over the past seven days, Binance, the world's largest crypto exchange, has seen a significant dump of XRP tokens by whales and institutions, according to the on-chain analytics firm CryptoQuant.
Ripple has launched its end-to-end payments solution in Brazil, partnering with Mercado Bitcoin to enhance cross-border transactions using blockchain technology.
The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
The U.S. Securities and Exchange Commission (SEC) is filing a notice of appeal against 2023's landmark ruling that the sales of the crypto asset XRP only qualify as securities when sold to institutional investors.
Ripple announced its expansion on October 1, highlighting the importance of DFSA's “in-principle approval.” This approval allows Ripple to deliver its “enterprise-grade” digital asset infrastructure from the DIFC.
On Wednesday, October 2, the United States Securities and Exchange Commission (SEC) took a formal step in extending the XRP lawsuit with Ripple by filing a Notice of Appeal of Judge Torres's ruling.
The Ripple SEC case has been one of the high-profile and long-running legal battles in the crypto sector. In the latest development, the US SEC has filed for a Notice of Appeal in the ongoing battle, just ahead of the deadline, indicating an extended period for the legal battle to be over.
The SEC has officially appealed its case against Ripple following a historical ruling on Aug. 7, in which Ripple was ordered to pay a $125 million civil penalty, although the regulator was asking for $2 billion. The motive is that the district court's decision goes against long-standing Supreme Court precedents and established securities laws.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The cryptocurrency market exhibits a bearish stance, with the Fear & Greed Index signaling fear at 36 as Bitcoin threatens potential declines beneath $60,000. Meanwhile, various developments attracted the attention of crypto enthusiasts as bears flexed their muscles over the past day.
Ripple has partnered with Mercado Bitcoin, the largest crypto exchange in Latin America, to enhance cross-border payments in Brazil using its end-to-end payments solution that leverages blockchain technology, per an Oct. 3 statement. Mercado Bitcoin will be the first client in Brazil to adopt Ripple's payment system to streamline treasury operations between Brazil and Portugal.
The SEC has officially submitted an appeal against Ripple to the U.S. Court of Appeals for the Second Circuit, challenging the August 7, 2024 ruling. Ripple CEO Brad Garlinghouse criticized the SEC for harming its credibility and prolonging the battle instead of protecting investors.
Cowboy Crypto, in a latest X post, has shared a little review of SEC officials who are involved in the SEC vs Ripple case. He has asked to pay attention to all the Congressmen/Congresswomen who have not said a word about this appeal of government overreach and blatant corruption.
The Bitwise XRP ETF filing has gone live on the US Securities and Exchange Commission (SEC) website. This application, which is a first of its kind, will offer institutional investors an avenue to gain exposure to XRP if approved.
Hold your horses, the battle between the Securities and Exchange Commission and Ripple isn't quite over yet.
Ripple and Mercado Bitcoin launch a new payment system in Brazil, enhancing cross-border transactions and simplifying currency exchanges. The post Ripple and Mercado Bitcoin initiate cross-border payment service in Brazil appeared first on Crypto Briefing.
Peter Brandt, one of the most highly reputed commodity traders, has predicted that the price of the Ripple-affiliated XRP cryptocurrency is going to plunge to zero against Bitcoin.
After a major setback, the blockchain payments network Ripple teamed up with Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America to launch cross-border payment using cryptocurrency. The main objective of this significant development is to enable Brazil to utilize Ripple's end-to-end payment solution.
Most of the coins remain under sellers' pressure, according to CoinMarketCap.
Ripple has partnered with Mercado Bitcoin to introduce Ripple Payments to enhance their funding operations with Portugal.
XRP, the native token of Ripple, experienced a significant decline of over 12% on Thursday, dropping to 51 cents per coin, following the US Securities and Exchange Commission's (SEC) announcement to appeal a pivotal court ruling.
Ripple, a leading digital asset infrastructure provider, has partnered with Brazil's largest crypto exchange, Mercado Bitcoin, cracking the newest possible blockade by the US Government. The SEC, on October 2, filed a notice of appeal in the lawsuit with an aim to reverse a decision rendered by Judge Analisa Torres.
Ripple will launch crypto-based payments across Brazil. The announcement was made on the company's website on October 3rd.
Ripple has announced that its payments solution is now available in Brazil, which follows digital asset infrastructure provider's partnership with crypto exchange Mercado Bitcoin. According to a Ripple announcement on Oct.
Watch Daily: Monday - Friday, 3 PM ET