The cryptocurrency market is bracing for potential shifts that could significantly influence its trajectory. According to a recent report from Standard Chartered analysts, Solana (SOL) may see substantial gains if Republican candidate Donald Trump secures victory in November.
Former SEC official Marc Fagel has indicated that the U.S. Securities and Exchange Commission (SEC) may appeal the court ruling regarding secondary sales of XRP. This follows a landmark decision which found that primary sales of XRP were not securities.
Ripple (XRP) has found itself at the center of a storm, especially following the U.S. Securities and Exchange Commission's (SEC) appeal regarding its legal battle with the company. This situation has led to increased negative sentiment surrounding XRP, but some analysts remain cautiously optimistic, believing that this negativity could present an opportunity for growth.
Data shared by the popular blockchain sleuth Whale Alert, which traces down large cryptocurrency transfers, has detected a few transactions that carried almost 216 million XRP in total made consecutively.
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a focal point for the cryptocurrency industry, especially following the SEC's recent appeal in its case against Ripple. A federal judge had previously ruled that the SEC did not establish that Ripple violated securities laws by selling XRP to retail investors.
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Brad Garlinghouse, the CEO of U.S. fintech decacorn Ripple, pledges support for Chicago-based derivatives exchange Bitnomial as it preemptively sues the SEC for its yet another attack on XRP. One of the vendors of XRP futures contracts, Bitnomial, seeks a declaration from Illinois federal district court to avoid a "compounding regulatory burden.
XRP price has been experiencing a bullish trend, closing the week above the $0.5400 level and reaching an intra-day high of $0.5415.
Solana is currently trading above the $140 mark, showing signs of strength as it prepares for a potential move to higher levels. After a modest 5% pump on Friday, investors and analysts are increasingly optimistic about the direction Solana could take in the coming months.
Bitnominal, a digital asset derivatives exchange regulated by the CFTC, claims that the U.S. Securities and Exchange Commission (SEC) maintains its stance that XRP is classified as a security.
In Friday's US trading session, the crypto market rebounded with renewed buying strength as the Bitcoin price spiked 4.34%. After a week-long consolidation, the bullish momentum uplifted most major altcoins, including SOL, to kick-start a sustainable recovery.
Ripple CEO Brad Garlinghouse criticized the SEC for ignoring a court ruling that XRP is not a security.
ChatGPT claimed that the asset's price could explode to as high as $2.50 if the US SEC approves an XRP ETF, but there is more to the story.
Ripple Chairman Chris Larsen has made headlines by donating 1754815.29 XRP worth around ($1 million) to Kamala Harris's presidential campaign. This donation is noteworthy as it is the first time Harris has received a contribution in cryptocurrency. Larsen has now given more than $1.
Ripple CEO slams SEC's appeal strategy, as uncertainty over XRP's legal status impacts market sentiment.
The crypto market closes another week with remarkable developments unfolding across the broader sector. Bitcoin (BTC) price gained 1% over the past seven days and closed the week at the $62K level in light of the latest U.S. CPI.
In July 2023, U.S. District Judge Analisa Torres ruled that the XRP token is not a security, a decision seen as a partial win for Ripple Labs and the broader crypto industry. Yet, despite this ruling, the U.S. Securities and Exchange Commission (SEC) remains firm in insisting that XRP is a security.
Arm wrestling between the SEC and crypto companies seems endless. Today, Ripple's XRP once again finds itself at the heart of hostilities.
As the US presidential election approaches, the crypto industry has emerged as a focal point of political debate, with key figures from blockchain payments company Ripple expressing divided support for leading candidates Vice President Kamala Harris and former President Donald Trump. This division comes amid ongoing debates about regulatory frameworks, particularly concerning the US Securities and Exchange Commission (SEC) and its enforcement actions against the cryptocurrency sector.
In a significant turn of events in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), legal expert James Murphy has urged Ripple to consider filing a cross-appeal against the SEC's recent rulings. This case could have far-reaching consequences not only for Ripple but also for the broader cryptocurrency market.
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.
ETC Group advised investors to hold Ethereum (ETH), Solana (SOL), and Aptos (APT) due to their strategic importance in the layer-1 blockchain space in an Oct. 8 report. As Ethereum faces mounting competition from newer blockchains, the report highlighted the importance of evaluating the market's recent conditions and long-term performance.
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.
The overall cryptocurrency market is experiencing an impressive recovery, amid this former hedge fund manager and host of CNBC's Mad Money, Jim Cramer made a big call. He recently predicted that Kamala Harris would win the upcoming presidential election and added, “I don't see how Trump wins.
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.
XRP shows resilience by maintaining key support levels as whale investors accumulate, indicating bullish prospects despite ongoing SEC legal pressures.
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.
A widely followed crypto analyst believes that one red-hot Solana (SOL) rival may soon print new all-time highs (ATHs). Crypto trader Michaël van de Poppe tells his 729,500 followers on the social media platform X that Sui (SUI) could soar more than 23% from its current value. “Sometimes you'll need to remain patient.