Ripple

How $XRP Is Facilitating Money Transfers Between Australia and Southeast Asia

Recently, one Australian FinTech firm said that it is using RippleNet, Ripple’s global payments network, to handle cross-border payments between Australia and countries in Southeast Asia, such as the Philippines. Although Ripple signed a deal with Novatti Group Limited (ASX:NOV) back in December 2020, it was not until April 9 that Novatti announced that the […]

How Is XRP Lawsuit Now And Where Can I Trade XRP?

XRP, a cryptocurrency that is primarily built for transactions, which can be purchased on crypto exchanges. XRP derives from Ripple, a payments platform designed for the rapid settlement of transactions and affordable cross-border remittances, which aims to supplement and redefine the current financial system. Why a suitcase between the SEC and Ripple? Ripple has been […]

$XRP Joins World of DeFi Thanks to Wanchain’s Cross-Chain Bridges, XRP Breaks $1.61

On Monday (April 12), the Wanchain team announced that now “XRP token holders can put their XRP to work and engage with the world’s many DeFi applications.” Wanchain is a blockchain interoperability platform. Since “Wan” means “ten thousand” in Chinese, the brand name “Wanchain” translates to “ten thousand blockchains”. This makes sense when you consider […]

Veteran Trader Peter Brandt Says XRP-USD Charts ‘Indicate Prices a Boat Load Higher’

Peter L. Brandt, who is one of the world’ most respected classical chartists, says that his technical analysis of the XRP-USD trading pair suggest that prices are headed much higher. In 1990, Brandt, who has been a commodity trader since 1976, published the book Trading Commodity Futures with Classical Chart Patterns. Then, in 2011, John […]

$XRP Price Going Parabolic, Breaks $1 for First Time Since 5 March 2018

At 08:55 UTC on Tuesday (April 6), on crypto exchange Bitstamp, the XRP price reached an intraday high of $1.01307. This is the highest price XRP has seen in 1,128 days. According to data by TradingView, currently (as of 09:20 UTC on April 6), XRP is trading around $0.98114, which means that in the past […]

$XRP Price Hits $0.874, Its Highest Level Since 6 May 2018

At 16:35 UTC on Monday (April 5), on crypto exchange Bitstamp, the XRP price reached an intraday high of $0.87400. This is the highest price XRP has seen in 1,065 days. According to data by TradingView, currently (as of 19:00 UTC on April 5), XRP is trading around $0.82452, which means that in the past […]

XRP Price Goes Over $0.72 for First Time in 2 Months, Now Up 212% in 2021

On Monday (April 5), on crypto exchange Bitstamp, the XRP price reached an intraday high of $0.72557 at 04:50 UTC. This is the highest price XRP has seen since February 1. According to data by TradingView, currently (as of 08:15 UTC on April 5), XRP is trading around $0.68584, which means that in the past […]

Ripple Expands Reach of Its XRP-Powered ODL Service in Southeast Asia Region

FinTech firm Ripple has announced that it has invested in one of Southeast Asia’s leading cross-border payment specialists, thereby expanding the reach of RippleNet’s On-Demand Liquidity (ODL) service. Ripple announced via a blog post yesterday (March 29) that it had agreed to acquire 40% of Tranglo, which was founded in 2008 by a Malaysian serial […]

Crypto Analyst: $XRP ‘Could Provide an Opportunity for Investors To Profit’

On Thursday (March 25), on-chain analyst Ali Martinez explained how XRP “could provide an opportunity for investors to profit.” On Tuesday (March 23), Santiment, which is “a behavior analytics platform for cryptocurrencies”, pointed out that XRP has been getting more attention on social media platforms: Martinez says that according to the 30-day Market Value to […]

Ripple Should Be ‘Feeling Pretty Good’ After Comments From Judge Netburn

New comments made from a magistrate judge in the United States District Court for the Southern District of New York bode well for Ripple in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), according to American lawyer Jeremy Hogan, a partner at the law firm Hogan & Hogan.  According to the transcript of a […]

Ripple CTO David Schwartz on NFTs

In a recent interview, Ripple CTO David Scwhartz explained what he finds interesting about non-fungible tokens (NFTs). His comments came during an interview that was released on YouTube channel “Thinking Crypto” on March 16. According to a report on this interview published by The Daily HODL on March 18, Schwartz finds two ideas related to […]

Attorney Kevin Chen: SEC Does Not Fully Understand Ripple’s ‘Fair Notice’ Defense

Earlier this week, Kevin Chen, an attorney at Homiak Law LLC, took a closer look at the “fair notice” defense used by Ripple Labs in the lawsuit (over the sale of XRP tokens) brought against it by the U.S. Securities and Exchange Commission (SEC). Homiak Law is “a full-service boutique law firm that specializes in […]

XRP Prices Surges Over 11%, Now Up 120% in 2021

According to data by TradingView, on Tuesday (March 16), around 06:30 UTC, on crypto exchange Bitstamp, the XRP price reached its intraday high of $0.5200, which is the highest it has been since February 23. Currently (as of 07:52 UTC on March 16), per data by CryptoCompare, XRP-USD is trading around $0.4844, which means that […]

Ripple Executives Call Investigation Into Personal Finances an ‘Overreach’

The legal team for Ripple co-founders Brad Garlinghouse and Chris Larsen have argued investigations into personal finances are irrelevant to the SEC’s ongoing lawsuit.

Ripple and YouTube Settle Lawsuit Filed Over XRP Giveaway Scams

Ripple and its CEO Brad Garlinghouse have settled a lawsuit filed against the Google-owned video-sharing platform YouTube over videos on the platform that allowed scammers to impersonate Garlinghouse to promote XRP giveaway scams. The giveaway scams managed to trick various XRP investors, with the founder of community-driven XRP data aggregator XRPlorer revealing on social media […]

Ripple’s “Fair Notice” Defenses Are “Improper”, Says SEC to Judge for XRP Lawsuit

The SEC says Ripple has acted “legally improper” in its fair notice defense against its pending lawsuit, while arguing against the blockchain company’s motion to dismiss the case.

Ripple Issues Official Response to SEC Allegations Over XRP

The San Francisco-based FinTech firm Ripple has issued an official response to the allegations of U.S. Securities and Exchange Commission (SEC) allegations over the illegal sale of XRP.  According to court documents filed on March 4 in the United States District Court for the Southern District of New York, Ripple has adamantly refuted allegations put forth by […]

CPA Australia Report: Ripple and XRP ‘Enjoy the Trust of Many Banks as a Model for CBDCs’

A recent 47-page report—titled “Central Bank Digital Currencies (CBDCs): A Comparative Review”—prepared for professional accounting body CPA Australia by RMIT University “provides a review of the three most-transacted digital currencies – Bitcoin, Ether and XRP.” The report looks at several definitions of CBDCs. Here is one of them: “… possibly issued on a blockchain platform, […]

Ripple Execs Move to Dismiss SEC Lawsuit Over XRP Sales

Ripple’s executive chairman Charis Larsen and its CEO Brad Garlinghouse have asked U.S. courts to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit alleging securities violations associated with the sale of the XRP token against them. A legal letter informing Judge Analisa Torres at the U.S. District Court for the Southern District of New […]

Popular Crypto Analyst Predicts Massive XRP Price Rally After ‘Healthy’ Correction

Popular cryptocurrency analyst Credible Crypto has predicted the price of XRP will undergo a massive rally in the near future, after enduring a healthy correction that will also affect the price of bitcoin. In tweets published for his over 127,000 followers on the microblogging platform, Credible Crypto pointed out in an XRP chart he sees […]

Ripple Co-Founder Jed McCaleb Cashes out Another 135 Million XRP

Jed McCaleb, one of the co-founder of Ripple, has sold an estimated 135 million XRP tokens over the last few weeks, and has around 30.5 million tokens left in his “tacostand” account, according to data from XRPScan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding […]

Popular Crypto Trader Peter Brandt Weighs in On Bitcoin and XRP

Popular market analyst and veteran trader Peter Brandt called the current price correction healthy for bitcoin, while noting that XRP could be bullish in the short-term.

Ripple Co-Founder Jed McCaleb Dumps Another 40 Million XRP

Ripple co-founder Jed McCaleb dumped another 40 million XRP following the SEC’s lawsuit against Ripple, bringing his wallet total to 499 million XRP.

Ripple CTO David Schwartz Owes His Sister Over $100K in Bitcoin

Recently, Ripple CTO David Schwartz revealed that he has owed his sister 2.77904 BTC for years. On Monday, Schwartz wrote on Twitter that he has his sister paid for a plane ticket for him and asked to be repaid in Bitcoin. Interestingly, even though Schwartz has “reminded her a few times that it’s real money […]

Former SEC Exec: There Is ‘A Good Chance’ SEC Loses Lawsuit Against Ripple Over XRP

In a recent interview, Joseph A. Hall, a former executive at the U.S. Securities and Exchange Commission (SEC), explained why “there’s a good chance” his former employer loses its lawsuit against Ripple Labs. Hall has been partner in U.S. law firm Davis Polk since September 2005. Before that, between October 2003 and June 2005, he was […]

Financial Services Giant SBI Adds XRP to Its Crypto Lending Service

Japanese financial services giant SBI Holdings has announced it’s adding XRP to its cryptocurrency lending service, which allows users to earn an annual interest rate on their cryptocurrency holdings for supported cryptoassets. The feature, VCTrade Lending, has been supporting bitcoin with an annual interest rate of 1% since November of last year, and could in […]

Former SEC Executive Explains Why Lawsuit Against Ripple Over XRP Is a Mistake

Recently, Joseph A. Hall, a former executive at the U.S. Securities and Exchange Commission (SEC), explained why his former employer’s lawsuit against Ripple is “considerably less a slam dunk than its previous crypto enforcement actions.” Hall has been partner in U.S. law firm Davis Polk since September 2005. Before that, between October 2003 and June […]

XRP Price Plunges After Supporters Helped it Recover from SEC Lawsuit-Related Drop

The price of XRP has plunged after supporters of the cryptocurrency helped it recover from the drop it endured after the U.S. Securities and Exchange Commission (SEC) announced a lawsuit against Ripple Labs. Data shows the cryptocurrency was trading at about $0.29 before the artificial price inflation, seemingly orchestrated in a Telegram group called “Buy […]

XRP Price Surges to Higher Level Than Before SEC Announced Its Lawsuit Against Ripple

On Monday (February 1), according to data from TradingView, on crypto exchange Bitstamp, the XRP price surged above the $0.70 level for the first time since 24 November 2020. The surge in the price of XRP from $0.2841 at 00:00 UTC on Saturday (January 30) to $0.7471, where it was at 11:05 UTC on Monday […]

Ripple Responds to SEC Lawsuit By Questioning Ethereum’s Legitimacy

Blockchain payments firm Ripple responded to allegations by the SEC regarding the illegal sale of XRP, inquiring why ethereum did not constitute a breach in securities law.

Florida Man Files Class Action Lawsuit Against Ripple Over $48 Loss in XRP

Tyler Toomey, a resident of Florida, has filed a class-action lawsuit against Ripple Labs and the company’s CEO Brad Garlinghouse over a $48.56 loss incurred investing in the XRP token. The lawsuit was filed with the Middle District of Florida and alleges that the defendants sold “millions of dollars (or more) of the XRP token […]

SEC’s XRP-Related Lawsuit Did Not Stop Ripple Form Signing Up 15 New Customers

Blockchain payments firm Ripple has kept on adding new clients, even after the U.S. Securities and Exchange Commission (SEC) announced a lawsuit against the firm and two of its executives alleging they raised “raised over $1.3 billion through an unregistered, ongoing digital asset securities offering” referring to XRP. Ripple CEO Brad Garlinghouse revealed on social […]

TechCrunch Founder Questions SEC’s Lawsuit Against Ripple Over XRP Token

Michael Arrington, the founder of TechCrunch, has questioned the U.S. Securities and Exchange Commission’s (SEC’s) lawsuit against Ripple Labs over the XRP token, arguing the Howey test is outdated. During an interview with Layah Heilpern, first spotted by Daily Hodl, Arrington argued that the Howey test, which asks whether the value of a transaction for […]

Ripple Senior Executives Predict the Future of Cryptoassets

Ripple executives predict adoption and innovation for crypto-assets will accelerate in 2021, with an emphasis placed on DeFi and new regulatory oversight.

Pornhub’s Premium Services Add XRP, BNB, USDC, and DOGE as Payment Options

One of the largest websites in the world, Pornhub, has added four new cryptoassets as payment options: XRP, Binance coin (BNB), Dogecoin (DOGE) ,and Centre’s USDC stablecoin. The coins can now be used to pay for its premium services. According to TheBlock, Pornhub’s 120 million daily visitors can now use these four cryptoassets to pay […]

Ripple Co-Founder Jed McCaleb Sells 28.6 Million XRP After 25-Day Pause

Jed McCaleb, a co-founder of Ripple Labs, has sold 28.6 million XRP tokens, worth over $8.78 million at press time, after pausing his sales for 25 days. McCaleb, it’s worth noting, sells the funds he was awarded for co-founding the firm. McCaleb is said to have started working on Ripple back in 2011, and was […]

Ripple Opens New Remittance Corridor Between Malaysia and Bangladesh

Blockchain payments enterprise Ripple has announced a new partnership with Mobile Money to provide a digital remittance corridor between Malaysia and Bangladesh.

Japan’s Top Securities Watchdog Says XRP Is Not a Security

Japan’s top securities watchdog, the Financial Services Agency (FSA) has reportedly said it does not consider XRP to be a security, arguing the token does not meet the definition of a security under Japanese law. According to TheBlock, Japan’s FSA said in an email, before pointing out it “refrains from making comments about other authorities’ […]

GateHub Joins Uphold in Keeping XRP Listed Until the SEC’s Lawsuit Against Ripple Is Resolved

United Kingdom-based cryptocurrency gateway service GateHub has revealed it will keep XRP listed until the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs is resolved, following the footsteps of crypto exchange Uphold. According to an announcement GateHub published, the company will wait for a decision on whether XRP is a security before delisting […]

Ripple CTO Gets Into Twitter Debate Over XRP’s Use Case

Ripple’s CTO David Schwartz got into a Twitter debate with Venture Coinist founder Luke Martin over the utility of XRP and whether it was superior to stablecoins.

Ripple CEO Answers Some Frequently Asked Questions About U.S. SEC’s Lawsuit

On Thursday (January 7), Ripple CEO Brad Garlinghouse, answered five of the most frequently asked questions about the action filed last month by the U.S. Securities and Exchange Commission (SEC) against Ripple, himself, and Chris Larsen. As every XRP HODLer must know by know, on 22 December 2020, one day before former SEC Chairman Jay […]

XRP Price Jumps Over 50% as Community Signs Petition, Airdropped FLR Token Starts Trading

The price of XRP has jumped by more than 50% in the last 24 hours as the cryptocurrency’s community has rallied to support the token through a petition, and the Spark (FLR) token airdropped to holders has started trading on exchanges. The price of XRP dropped after the U.S.  Securities and Exchange commission’s (SEC) announced, […]

XRP Supporters’ Petition to the White House Hits 36,000 Signatures

A White House petition has generated more than 36,000 signatures asking the federal government to consider XRP as a currency.

Crypto Exchange Uphold to Keep XRP Listed Until SEC’s Lawsuit Against Ripple Is Resolved

Cryptocurrency exchange Uphold has revealed it will maintain the XRP token listed on its platform until the U.S. Securities and Exchange commission’s (SEC) lawsuit against Ripple Labs is resolved. The lawsuit was filed on December 22,  one day before former SEC Chairman Jay Clayton resigned, and names Ripple’s two of its executives, who are also significant […]

Grayscale Removes XRP From Its Digital Large Cap Fund

The XRP token has been dropped from the Grayscale Digital Large Cap Fund, which is also made up of other top cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, over the recent lawsuit the U.S. Securities and Exchange Commission (SEC) filed against Ripple. As CoinDesk reports, Grayscale has dropped XRP from its Digital Large Cap […]

Ripple Exec Says SEC Laws Are ‘Vague,’ Will Not Shut the Door on Future Projects

Ripple CTO David Schwartz called US laws ‘vague’ in regards to crypto assets and said his company was simply attempting to understand the regulatory parameters rather than conducting illegal business.

Grayscale Did Not Unload 9 Million XRP Amidst Ongoing Ripple Lawsuit

Grayscale Investments LLC has dumped more than 9 million XRP following the bombshell lawsuit brought against parent company Ripple by the SEC.

eToro Suspends XRP Trading for U.S. Users Over SEC’s Lawsuit Against Ripple

Social trading platform eToro has become the latest firm to suspend XRP trading following the U.S. Securities and Exchange commission’s lawsuit against Ripple Labs over the sale of the cryptocurrency. In an update, eToro’s team cited the lawsuit as the reason for the suspension, but stressed that the move will, for now, only affect its […]

Nomura Analyst Defends XRP as Token’s Price Stalls

An analyst from the economic research firm Nomura Research Institute, Sadakazu Osaki, has argued that the XRP token is not a security. Key Ripple partner SBI Holdings, a financial giant that has even distributed XRP to shareholders, echoed Osaki’s sentiment. According to a report published by the analyst, first spotted by Bitcoin.com, the XRP token […]

SEC Lawsuit Hurt ‘Countless Innocent XRP Retail Holders’, Ripple Says

Ripple Labs has released a statement on the U.S. Securities and Exchange Commission’s lawsuit against the firm, alleging it sold $1.3 billion worth of XRP, which is seen as an unregistered security. In the statement, Ripple said  that the SEC’s decision to file a lawsuit against the firm is “an attack on the entire crypto […]

XRP Price Plunges After Coinbase, Crypto.com Announce Trading Suspension

The price of XRP, previously the third-largest cryptocurrency by market capitalization, has plunged over 25% in 24 hours after popular cryptocurrency exchange Coinbase and Crypto.com announced trading suspensions for the cryptocurrency. The suspension announcements came after the U.S. Securities and Exchange Commission (SEC) sued Ripple Labs over the sale of XRP, alleging it’s an unregistered […]

XRP Is Currently Not a Security, but It’s Not That Simple: Cardano Founder

The creator of Cardano (ADA), Charles Hoskinson, has weighed in on the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs over the sale of the XRP token, which the agency asserts is an unregistered security. Over several ask-me-anything videos, Hoskinson said that regulating cryptoassets isn’t simple as tokens are dynamic and hard to categorize. […]

Multiple Investment Firms Cutting Ties With XRP: Report

Investment firms Galaxy Digital and Jump Trading have cut ties with XRP following the $1.3 billion lawsuit levied against parent company Ripple by the SEC.

Ripple Lawsuit Could See Investors Suffer ‘Multibillion-Dollar Losses’, Says Former SEC Commissioner

Joseph Grundfest, a former commissioner of the U.S. Securities and Exchange Commission (SEC), reportedly wrote to current commissioner Jay Clayton criticizing the lawsuit and noting it could see investors suffer “multibillion-dollar-losses.” As reported, The SEC sued Ripple this week for alleged violations of investor-protection laws when it sold the third-largest cryptocurrency by market cap, XRP. […]

Bitwise’s Crypto Index Fund Liquidates XRP Position After SEC Sues Ripple

Bitwise Asset Management’s Bitwise 10 Crypto Index Fund (BITW) has liquidated its position in XRP, one of the largest cryptocurrencies by market cap, after the U.S. Securities and Exchange Commission (SEC) sued Ripple, the largest XRP holder, over the token’s ‘ongoing’ sale from the firm. In a press release, Bitwise revealed its decision to liquidated […]

XRP Price Plunges Over 35% as Exchanges Start Delisting It Over SEC Lawsuit

The price of the third-largest cryptocurrency by market capitalization, XRP, has plunged over 30% as various cryptocurrency exchanges started delisting the cryptocurrency in reaction to a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against ripple. Cryptocurrency exchanges OSL, Beaxy, and CrossTower have already either temporarily stopped trading or delist XRP.  Hailey Lennon, […]

Ripple Warns SEC May Sue Company Over XRP Token

Ripple has warned that the U.S. Securities and Exchange Commission (SEC) is set to file a lawsuit against the company over the alleged sale of unlicensed securities, in this case, the third-largest cryptocurrency by market cap XRP. Fortune reports Ripple CEO Brad Garlinghouse and cofounder Chris Larsen are set to be named as defendants in […]

Flare to Airdrop 45.8 Billion Spark (FLR) Tokens to XRP Holders

Ripple-backed cryptocurrency startup Flare Networks has revealed it will airdrop over 45.8 billion Spark (FLR) tokens to XRP investors in the first half of next year, after taking a snapshot of the XRP network on December 12. According to a blog post the firm published, since the snapshot of the XRP network was taken, Flare […]

XRP Whale Population Hits All-Time High Ahead of Flare Networks’ Spark Token Airdrop

The number of XRP whales, entities holding at least 10 million tokens of the third-largest cryptocurrency by market capitalization, has hit a new all-time high shortly before the network snapshot for Flare’s Spark token airdrop. According to on-chain data firm Santiment there are now 339 XRP addresses with over 10 million tokens in them. The […]

81,500 XRP Accounts Ready to Receive Flare’s Spark Token ($FLR) Airdrop

Over 81,500 XRP accounts, with a total of over 17.5 billion XRP between them, have already been set up to receive the Spark token airdrop from the Flare Network, which will distribute the tokens to XRP holders on a 1:1 ratio.  Spark tokens will be used for governance on the Flare network through voting mechanisms, […]

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