The co-founder of fintech giant Ripple, Chris Larsen, has made the first documented cryptocurrency donation to U.S. Presidential candidate and current Vice President Kamala Harris, sending $1 million worth of XRP to a Political Action Committee (PAC) supporting her.
Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security.
According to the SEC filing, Larsen donated more than 1700000 XRP to the Future Forward USA PAC, marking the first crypto donation to Harris' campaign.
Ripple CEO Brad Garlinghouse has accused the U.S. Securities and Exchange Commission (SEC) of ignoring a court decision that determined XRP is not a security as the regulator still claims. He made the remarks following the agency's stand in the Bitnomial case which saw the crypto derivatives exchange go to court against the SEC over
Shiba Inu is getting close to the point where a symmetrical triangle pattern on the chart indicates a big price move may be about to occur. When an asset leaves the triangle's bounds, these patterns have historically suggested that volatility may increase.
An FEC filing released this week shows that Chris Larsen donated more than 1,700,000 XRP to the Future Forward USA PAC.
Ripple's XRP experienced little price movement on Thursday, stabilizing around the $0.53 mark, indicating a consolidation phase. The cryptocurrency has been confined within a tightening range for several months, as seen in the weekly chart's converging trendlines.
XRP may be on the verge of a significant price surge, with predictions pointing toward a potential rise to $20. This optimism is rooted in the formation of a rare 7-year bullish pennant on the XRP chart, a pattern that has historically led to major price movements.
The cryptocurrency market has been on the rise again, with Bitcoin at the forefront. Last week, Bitcoin climbed above $64,000, reaching hitting a four-week high.
XRP is far from its ATH, but can that change anytime soon?
According to the latest Polymarket election odds, Kamala Harris has a 45.9% chance of securing the Oval Office in the Nov. 5 presidential election.
An analyst has showcased that XRP has the ability to soar to $60 by capturing a share of SWIFT's market.
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.
Vice President Kamala Harris' campaign received $1 million in XRP (CRYPTO: XRP) from Ripple co-founder Chris Larsen . What Happened: Federal Election Commission (FEC) filings show Larsen donated $1 million in XRP crypto coin (in kind 1.7 million XRP) to Future Forward USA PAC on Aug. 14.
The legal conflict between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to unfold, with recent analyses suggesting that the resolution of this high-stakes battle may be delayed until 2026. As tensions rise and uncertainty grows, the implications for XRP's price trajectory are significant, particularly regarding its potential to reach the $1 mark.
Ripple co-founder Chris Larsen donates $1M in XRP to Kamala Harris' campaign, highlighting cryptos growing influence in US politics. The post Ripple co-founder donates $1 million XRP to Kamala Harris campaign PAC appeared first on Crypto Briefing.
Chris Larsen, co-founder of Ripple, just donated $1 million in XRP to a super PAC that's supporting Kamala Harris. According to court filings with the Federal Election Commission (FEC), this is the first time a crypto donation has been publicly documented for Harris.
Ripple, one of the top blockchain firms, has been recognized as the leader in the realm of crypto/fiat payments by Tearsheet's Power of Payments Awards.
San Francisco-based payments company Ripple is now aiming to offer bank-grade custody solutions to crypto businesses. The firm's Ripple Custody branch has been providing global banks and financial institutions with a software infrastructure to secure, transfer and settle tokenized financial assets.
Ripple co-founder Chris Larsen has made his first recorded cryptocurrency donation to Vice President Kamala Harris.
Ripple Chairman Chris Larsen has made a notable $1 million cryptocurrency donation in XRP to support U.S. Democratic presidential candidate Kamala Harris. This is the first time that Harris has received a donation in the form of cryptocurrency and underlines Ripple's backing of the candidate, even as the firm faces ongoing litigation with the US
Fox Business' Eleanor Terrett reports that it was the first crypto donation made to Vice President Harris.
The race to $1 gets heated up for Dogecoin price, XRP price, and the ETFSwap (ETFS) tokens, with all three altcoins vying for attention.
10 XRP, the minimum reserve an XRPL account needs to be transacting on the network, is an obstacle for new user inflow. Such a "popular" opinion was shared by CEO and founder of XRPL-centric NFT and GameFi ecosystem XPMarket.
XRP shows signs of recovery and aims to surpass the resistance levels
Most of the coins are coming back to the green zone, according to CoinMarketCap.
The United States Securities and Exchange Commission (SEC) still thinks Ripple–affiliated cryptocurrency XRP is a security despite a judge declaring the token a non-security in a historic ruling in 2023.
Crypto analyst Egrag has provided an historical analysis of the weekly XRP price chart, suggesting that the cryptocurrency is entering “uncharted territory.” Utilizing historical data and focusing on critical technical indicators.
Ripple CEO Brad Garlinghouse has recently spoken out about the company's decision to file a cross-appeal against the SEC. It should be recalled that earlier in October, the SEC appealed the decision ordering Ripple to pay a $125 million civil penalty on its XRP sales, a fraction of the $2 billion sought by the regulator.
Despite a court ruling stating that XRP is not a security, the U.S. Securities and Exchange Commission (SEC) continues to insist that it is. This stance has sparked significant speculation as Ripple, the company behind XRP, files a cross-appeal against the SEC's claims in the ongoing legal battle.
XRP bulls have started to resist the bears with their intense moves. While the price has not jumped massively yet, the long-term prospects of the Ripple-associated coin are optimistic.
TL;DR Ripple updates its Custody service with security and compliance improvements for crypto and fintech companies. The integration with XRP Ledger allows tokenizing real-world assets and accessing the XRPL DEX. Ripple Custody has grown 250% in clients, with availability in key markets like the U.S. and Switzerland.
On Friday, the XRP price recorded a modest 0.7% surge, continuing its consolidation above the $0.50 psychological level. The broader market uncertainty and the U.S. SEC appeal in its case against Ripple significantly bolstered the current consolidation.
The XRP price has jumped by 2.5% in the past 24 hours, rising to $0.54 after Ripple filed a cross appeal against the SEC yesterday.
After suffering a 16.84% drop in the past week, XRP lost its key support level at $0.54 and almost became a sub-50-cent token. However, buyers took the risk and managed to restore the value of the token to almost this important price level.
For close to four years, the price of XRP has faced an almost unending drawdown. This is because of the U.S. Securities and Exchange Commission (SEC) lawsuit, which has triggered bearish sentiment for the coin.
Lawsuit could establish a precedent for classifying digital assets in the future.
Bitnomial challenges SEC's classification of XRP as a security. The SEC filed a notice of appeal in the Ripple case last week.
Ripple files a cross-appeal against the SEC, sparking a 2% XRP price surge amid ongoing cryptocurrency regulatory battles.
In an interesting development in the SEC lawsuit, Ripple announced yesterday it had filed a cross-appeal of Judge Torres's final judgment, which was entered on Aug. 7, 2024.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
Crypto derivatives exchange Bitnomial has sued the United States Securities and Exchange Commission over the agency's attempt to “overextend its jurisdiction” to crypto derivatives. In the lawsuit filed on October 10, Bitnomial accused the SEC of trying to claim regulatory authority over the crypto exchange's planned offering of XRP Futures contract.
The SEC had warned Bitnomial that offering XRP Futures could violate securities laws without additional compliance.
Bitnomial Exchange, LLC has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners on October 10, contesting the SEC's claim that XRP is a security.
The US SEC has refused to back down on the security status of XRP, despite a court ruling finding that the crypto is “not a security.” Recently, the leading crypto derivatives exchange, Bitnomial has sued the agency over its claims that the crypto's futures are “security futures”.
XRP faces key resistance at $0.56, but will bulls spark a recovery now?