On July 13, Ripple triumphed significantly in the United States District Court for the Southern District of New York on the XRP case. Judge Analisa Torres ruled in favor of Ripple in a case originally initiated by the Securities and Exchange Commission (SEC) in 2020. In recently filed documents on July 13, Judge Torres issued…
On-chain data compiled by Santiment, an analytics platform, shows that more people are discussing XRP, the native token of the XRP Ledger (XRPL), per statistics captured on July 10. In their assessment, the spike in social chatter, translating to higher social dominance, will most likely draw demand for the crypto asset that has recently been under…
Data shows FUD related to XRP may be spreading on social media platforms right now, a sign that could potentially help the price reverse. XRP Social Dominance Has Spiked While The Price Has Been Declining According to data from the on-chain analytics firm Santiment, discussions around XRP have surged during the past day. The relevant…
In an interview with the Digital Pound Foundation, Ripple Head of Policy Susan Friedman shared her positive outlook on London’s potential as a crypto hub, highlighting its dedication to developing ecosystems for crypto assets and Central Bank Digital Currencies (CBDCs). Ripple Advocates For Encouraging CBDC Ecosystem Development Friedman noted that Ripple’s goal is to advocate…
John Deaton, a pro-XRP lawyer, recently made some statements regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Deaton believes that if Ripple loses to the SEC, no money may be collected for years, and only if Ripple loses on appeal. However, he also believes that if the Supreme…
Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone. Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar. The price is now trading above $0.48 and the 100 simple moving average (4 hours). There…
The United States Securities and Exchange Commission (SEC) has raised concerns about the recent filings for spot Bitcoin exchange-traded funds (ETFs), stating that they are insufficient. This comes after asset management giants BlackRock and Fidelity submitted their applications to launch spot Bitcoin ETFs. The Wall Street Journal reported that the SEC shared its perspective on…
The recent downturn in the XRP market has not deterred large-scale investors, often referred to as ‘whales’. Amid a 12% drop in XRP’s price between June 22 and June 28, they instead saw an opportunity rather than a setback, amassing 360 million XRP worth approximately $170 million. This significant investment demonstrates the high-stake moves that…
Ripple’s token price started a fresh decline from $0.5265 against the US Dollar. XRP price could extend its decline unless it climbs back above $0.50. Ripple’s token price is moving lower below the $0.488 support against the US dollar. The price is now trading below $0.48 and the 100 simple moving average (4 hours). There…
The XRP community continues to eagerly await a ruling in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC). So far, all speculations about a supposed end date have been wrong. The judge in charge, Analisa Torres, is taking more time for her ruling than many legal experts predicted based…