Since 2020, XRP has struggled to remain relevant and valuable to its investors. The US Securities and Exchange Commission’s attack on the project brought a drastic decline that no one expected. However, amid the ongoing case, XRP showed resilience, leading supporters to commend it as an asset to watch. Even though the price has seen…
Coinbase Global and the US Securities and Exchange Commission have been at loggerheads for some time, and on Friday, Coinbase CEO Brian Armstrong released a video message calling the SEC’s warning “not constructive” and “not good for America.” The friction between Coinbase and the SEC is part of a bigger attempt by the US government to regulate…
The price of Ripple XRP plummeted below the $0.46 level for the second time in the past three weeks as XRP records increased transactions amid the prevailing bearish trend on the entire crypto market. The firm behind the XRP coin has moved millions of tokens within the past few days. XRP whales are also following…
The XRP price dipped in 2022 during the crypto winter, and the back-and-forth legal exchange between Ripple Labs and the U.S. Securities and Exchange Commission has not helped matters. However, the token is still attracting interest from whales and institutional investors. XRP still has a chance of recovery, which seems to be the motivation behind…
The US Securities and Exchange Commission (SEC) has levied a $45 million fine on Nexo Capital Inc. The SEC explains the reason for the fine in a tweet, Today we charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP). To…
XRP is currently at $0.3899 which is the result of recent positive external developments. According to CoinGecko, the native token of Ripple moved upwards by 12% in the weekly and the bi-weekly time frame. Positive news brewed up in the US Securities and Exchanges Commission (SEC) vs. Ripple lawsuit that started back in December 2020.…
The broader cryptocurrency market has seen improvement in investor sentiment in the last weeks, and so has XRP. Even the global crypto market cap is up by 0.11%, reflecting the rate at which most tokens are rallying over the past few days. A recent WhaleAlert report reveals massive XRP whale transfers happening amid the token’s…
In recent days, a heated discussion has arisen between prominent journalist and Fox Business host Charles Gasparino and the Ripple / XRP community. Gasparino voiced that the US Securities and Exchange Commission (SEC) had legitimate reasons why they targeted and sued Ripple prior to FTX. Even Ripple’s legal counsel Stuart Alderoty took a stand and…
Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Futures Trading Commission (CTFC) have had past battles with other digital assets. The SEC is currently embroiled in a long-running case with Ripple Labs, with the focus on defining the…
While the crypto community has been eagerly focused on the developments surrounding Genesis Trading and Digital Currenc Group (DCG) over the past few days, Ripple Labs continues to battle the U.S. Securities and Exchange Commission (SEC). And the next important deadlines are already looming. By November 30, both Ripple and the SEC have to file…