Ripple

U.S. Lawyer on SEC’s Lawsuit Against Ripple Over Sale of XRP: ‘This Is a War’

Late last week, American attorney James K. Filan, who has been following the SEC’s lawsuit against Ripple, explained to XRP HODLers and other interested parities why they should not be expecting some kind of settlement any time soon. Filan is the founder of Filan LLC. He “represents individual and corporate clients in federal white collar […]

XRP’s Average Daily Trading Volume Doubled to $4 Billion in Q2 Amid Heightened Volatility

The average daily trading volume of the XRP token has surged in the second quarter of the year, despite the ongoing legal dispute involving its largest player Ripple and the U.S. Securities and Exchange Commission (SEC). According to an XRP market report published by Ripple, the daily trading volume of the cryptocurrency doubled to $4.49 […]

Ripple Handed a ‘Gift’ That Could Help Them Win Against the SEC, Says American Attorney

Jeremy Hogan, a partner at the American law firm Hogan & Hogan, says a recent public statement by two “brave” members of the U.S. Securities and Exchange Commission (SEC) could help Ripple win the lawsuit filed against them by the SEC in December 2020. On 22 December 2020, the SEC announced that it had “filed an action […]

XRP’s Use Cases Are ‘Basically the Same as Bitcoin’, Says Ripple Exec

Ripple’s Director of Developer Relations, Matt Hamilton, has claimed on social media that XRP was created by Bitcoin developers as a “better” version of the cryptocurrency once they realized “bitcoin’s energy usage was not scalable,” and that XRP’s use cases are “basically the same as Bitcoin. Hamilton’s words came as he discussed the cryptocurrency with […]

Crypto Influencer Says $XRP ‘Is Going To Blast Off Toward the End of This Year’

Crypto analyst and influencer Ben Armstrong, who is the host of YouTube channel “BitBoy Crypto”, talked about about XRP (which is currently the seventh most valuable cryptoasset by market cap) in a video (titled “Bitcoin & XRP: 2 BEST Opportunities in Crypto”) for his super popular YouTube channel. Here is what Armstrong said about Ripple and XRP: Ripple […]

Ripple Hires Former Mastercard Exec to Expand Its XRP-Powered Solution RippleNet

Fintech giant Ripple has hired former Mastercard executive Sendi Young as Managing Director of its European operations in a bid to expand Ripple’s global financial network technology RippleNet, which uses the XRP token for its On-Demand Liquidity (ODL) solution. In a blog post, Ripple detailed that Sendi has over fifteen years of experience in fintech, […]

Prominent Crypto Analyst Says XRP Price could Soon Outperform Bitcoin

Prominent cryptocurrency analyst Credible Crypto has predicted that the price of XRP is likely near a bottom when trading against the flagship cryptocurrency bitcoin and sees it reverse to outperform the cryptocurrency. In a tweet, Credible Crypto shared a chart illustrating his thoughts and added that it’s worth considering XRP is “on a major historical […]

Ripple Co-Founder Jed McCaleb Sold Nearly 240 Million XRP so Far This Month

Ripple co-founder Jed McCaleb has sold little over 240 million XRP tokens so far this month, and still has a balance of over 431 million XRP in his “~tacostand” wallet, according to data from XRPScan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding team when […]

SEC vs Ripple: Key Upcoming Deadlines in the XRP-Related Lawsuit

Jeremy Hogan, a partner at the law firm Hogan & Hogan, says that lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs over the sale of XRP tokens could continue into early 2022. On 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, […]

Ripple Proposes Federated Sidechains to ‘Unlock DeFi Capabilities’

Ripple’s Chief Technology Officer David Schwartz has proposed the introduction of federation sidechains to allow developers to implement smart contracts and decentralized finance (DeFi) capabilities adjacent to the XRP Ledger. In a blog post, Schwartz noted that Ripple has been resisting adding smart contracts capabilities to the XRP Ledger because of the risk of compromising […]

Ripple Settling SEC Lawsuit Could Lead to XRP Supply Shock, Crypto Legal Expert Says

Ripple settling its lawsuit with the U.S. Securities and Exchange Commission (SEC) could lead to an XRP supply shock, which presumably would lead to a price surge as demand would remain the same, while supply plunged. As first reported by Daily Hodl, in a new video cryptocurrency legal expert and XRP supporter Jeremy Hogan has […]

453 million XRP: Ripple Co-Founder Jed McCaleb Kept Cashing Out in May

Ripple co-founder Jed McCaleb cashed out an estimated 453 million XRP in the month of May, and still has a total of 617.3 million tokens on his “~tacostand” wallet, according to XRP blockchain data provider XRPSCan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding team […]

Ripple CEO Brad Garlinghouse: “I’m Doing My Happy Dance Today”

On Tuesday (June 1), Ripple CEO Brad Garlinghouse found an interesting way to express his happiness regarding at something CNBC did that the XRP community had long been waiting for. It all started on May 25, when CNBC included Californian FinTech startup Ripple in the 2021 edition of its Disruptor 50 list, the goal of […]

U.S. Lawyer Explains Significance of Judge Netburn’s Latest Ruling for Ripple

On Sunday (May 30), Jeremy Hogan, a partner at the law firm Hogan & Hogan, talked about Magistrate Judge Sarah Netburn’s latest ruling in the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs. On 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its […]

Ripple Reiterates Its Intention To Be Carbon-Neutral by 2030

Ripple has reiterated its commitment to become carbon net-zero by 2030 as part of an effort to avert worst-case climate change scenarios in a move similar to one made by most countries throughout the world, which have committed to the same goal but by 2050. On Thursday (May 27), Ripple tweeted: Ripple’s tweet linked to […]

Ripple Likely to Go Public Once SEC Lawsuit Is Resolved, Says CEO Brad Garlinghouse

Ripple CEO Brad Garlinghouse has revealed the fintech firm is highly like to go public after it settles the lawsuit the U.S. Securities and Exchange Commission (SEC) filed against it alleging the firm and two of its executives “raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.”  Speaking at Consensus 2021, Garlinghouse […]

XRP Price Surges 10%, Crypto Influencer Says $XRP Is Going to $10

On Tuesday (May 25), on crypto exchange Bitstamp, the XRP price reached its intraday high of $1.06 at 00:40 UTC. Currently (as of 14:45 UTC), XRP is trading around $0.9452, up 10% in the past 24-hour period. As for the year-to-date period, XRP is up 330% vs USD. As you can see in the above […]

Ripple Co-Founder Jed McCaled Cashed Out 265 Million XRP So Far This Month

Jed McCaleb, one of the co-founders of fintech firm Ripple, has sold an estimated 265 million XRP so far this month, and still has around 389 million XRP tokens on his ‘~tacostand’ account, according to XRPScan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding team […]

Ripple Partners With Egypt’s Largest Bank to Process Cross-Border Transactions

Ripple has announced a new partnership with the largest bank of Egypt, the National Bank of Egypt (NBE) for the financial institution to use the firm’s RippleNet to connect with the UAE-based financial services provider LuLu Exchange. According to an announcement published by the firm, the partnership’s goal is to help NBE process cross-border transactions […]

Ripple’s Director of Developer Relations on RippleNet, ODL, $XRP, and $XLM

On Monday (May 17), Matt Hamilton, Director of Developer Relations at FinTech firm Ripple, took the time to address some of the common misconceptions regarding the formation of Ripple, payment network RippleNet, On-Demand Liquidity (ODL), and digit asset XRP. He also explained the reason for the architectural similarities between XRP Ledger and the Stellar Network. […]

Elon Musk Handed XRP the ‘Best Ad Campaign’ on a ‘Silver Platter’, Says Attorney John Deaton

John Deaton, an attorney and crypto enthusiast, has revealed he believes that Tesla CEO Elon Musk has just handed Ripple and the XRP token “the best ad campaign” on a “silver platter.” Deaton’s words came shortly after the electric car marker’s CEO tweeted out that Tesla will no longer be accepting bitcoin payments over concerns […]

Ripple CEO: U.S. Is ‘Only Country on the Planet That Has Viewed XRP as a Security’

Ripple CEO Brad Garlinghouse says the ongoing lawsuit involving XRP is a threat to the innovation being generated by cryptocurrency. Last week, during an interview with Fox Business, the Ripple CEO talked about the lawsuit brought against his firm last December by the U.S. Securities and Exchange Commission (SEC). He said:  “It’s so important for […]

Crypto Analyst Says ‘$XRP Whales Have Gone Into a Buying Spree’, $XRP Hits $1.60

On Friday (April 30), the XRP price hit $1.60 for the first time since April 17. Data by TradingView indicates that at 06:47 UTC, on crypto exchange Bitstamp, the XRP price reached $1.60. Currently (as of 08:20 UTC on April 30), XRP is trading around $1.5601, which means that XRP is up 12.78% in the […]

‘$XRP Is Breaking Out vs. $BTC’, ​Says Crypto Analyst, XRP Up 242% vs BTC in 2021

On Monday (April 26), popular pseudo-anonymous crypto analyst and trader “Kaleo” talked about $XRP’s latest breakout against Bitcoin. He said: He went on to add: Earlier today, highly respected macro-economist and crypto trader Alex Krüger also commented on $XRP’s recent price action since Bitcoin started rallying in the closing hours of last weekend after dropping […]

Ripple Co-Founder Says Bitcoin Should Move Away From ‘Proof-of-Work’ Consensus

Chris Larsen, Co-Founder and Executive Chairman of Ripple, explained why he personally believes that the crypto industry should be not just “moving to renewable sources of energy”, but also “reducing unnecessary energy use.” In a post published on Earth Day (April 22) on his personal Medium blog, Larsen said that although “many newer cryptocurrencies are […]

Ripple (XRP) Price Surge in April Pushed Daily Trading Volume at Crypto Exchange Bitrue Up 400%

As the entire cryptocurrency market soared higher in recent weeks to allow Bitcoin (BTC) to hit fresh record highs, cryptocurrency businesses are also reaping benefits from the high interest in trading digital assets recently. The California-based cryptocurrency exchange Bitrue is one of the platforms that has enjoyed strong growth in recent months amid the surge […]

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.

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