Shiba Inu tops XRP in trading volume, shakes crypto market
In a recent surge that has caught the attention of cryptocurrency enthusiasts and investors alike, Shiba Inu (SHIB), a meme-inspired cryptocurrency, has outpaced some of the industry’s giants in trading volume. Shytoshi Kusama, the pseudonymous lead figure behind Shiba Inu, announced through social media channels that SHIB’s trading volume had exceeded that of XRP, BNB, […]
XRP faces volatility amid analyst predictions
Cryptocurrency analyst Ben Armstrong offers insights into XRP’s potential future amid market turbulence. XRP volatility and analyst predictions XRP, a popular cryptocurrency, has experienced significant volatility recently, with prices plummeting over 8% in the last 24 hours. Amidst this uncertainty, well-known crypto analyst Ben Armstrong has voiced his perspective on the future of XRP in […]
Ripple’s CTO calls for consensus on XRPL update before deadline
XRP Ledger (XRPL) community, Ripple’s Chief Technology Officer, David Schwartz, has issued a call to action for validators and node operators to upgrade to the newly released version 2.1.0 of the ledger’s reference server software, rippled. The update, which encompasses a range of amendments, bug fixes, and build improvements, aims to enhance the security, efficiency, […]
Ripple enhances XRP stability, locks 800 million
According to data from Whale Alert, Ripple, the renowned cryptocurrency payments firm, has secured 800 million XRP in its escrow accounts as of March 1. This move comes after the company only unlocked 500 million XRP at the start of the month, marking a significant shift from its regular escrow operations. The transactions were executed […]
XRP buyback proposal sparks feud between Terrett and Vallee
A recent dispute has emerged between Fox Business journalist Eleanor Terrett and Jimmy Vallee, Managing Director of Valhil Capital, over a contentious XRP buyback proposal that was initially put forward two years ago. The proposal, which suggested that the Federal Reserve could buy back XRP at an unprecedented rate of $37,500 per token, has reignited […]
SEC Requests Extension in XRP Lawsuit Remedies Schedule
In the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs, Inc. regarding the status of XRP, the SEC has formally petitioned for an extension in the current schedule for remedies-related briefing. This request, directed to Judge Analisa Torres of the Southern District of New York, seeks a one-week extension […]
Ripple CTO doubts AMMs will stabilize XRP prices soon
David Schwartz, the Chief Technology Officer of Ripple, expressed skepticism regarding the potential of Automated Market Makers (AMMs) on the XRP Ledger (XRPL) to significantly mitigate the volatility of XRP prices in the short term. Despite the theoretical benefits of AMMs, such as volatility harvesting and the provision of additional liquidity, Schwartz believes that their […]
XRP surges in popularity: Ripple’s token outpaces Ethereum in Google searches
Amidst the backdrop of a protracted legal battle between Ripple and the United States Securities and Exchange Commission (SEC), the native token of the blockchain company, XRP, continues to captivate the cryptocurrency market. Despite the challenges posed by the lawsuit, Ripple has clinched several crucial victories, fueling optimism among investors and enthusiasts alike. Recent data […]
Ripple CTO unveils origins of XRP currency code naming
In a recent commentary shared with the cryptocurrency community on Reddit, David Schwartz, the Chief Technology Officer at Ripple and one of the key architects behind the XRP Ledger, provided an insightful explanation of the naming convention of the ledger’s native currency, XRP. This elucidation came to light following a highlight by Edward Farina, Head […]
Ripple’s XRP sales program under scrutiny amid allegations of price suppression
Amidst ongoing scrutiny stemming from the Ripple vs. SEC lawsuit, Ripple’s Chief Technology Officer, David Schwartz, recently addressed concerns regarding the company’s utilization of trading bots from GSR for its XRP sales program. The revelation follows the emergence of documents from the lawsuit shedding light on Ripple’s programmatic sales practices, particularly an email exchange between […]
SEC and Ripple lock horns amid draft remedy briefs
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the cryptocurrency XRP, has intensified as both parties proceed with drafting remedy-related briefs. This ongoing dispute stems from the SEC’s allegations that Ripple’s XRP token sales constituted unregistered securities offerings, violating federal securities laws. Recent developments following Judge […]
John Deaton, pro-XRP lawyer, announces Senate run against Elizabeth Warren
Renowned crypto attorney John E. Deaton has made waves in the political arena by declaring his candidacy for the United States Senate seat in the upcoming elections. With over 75,000 XRP holders under his representation, Deaton aims to bring significant change to Massachusetts by challenging the incumbent Senator Elizabeth Warren. Taking on Washington elites Deaton, […]
Elizabeth Warren calls for support to counter pro-crypto opponent
In a significant development in the political landscape of Massachusetts, pro-crypto lawyer John Deaton has officially announced his intention to challenge Senator Elizabeth Warren in the upcoming senate election. This announcement has prompted a swift response from Senator Warren, who has called upon her supporters to bolster her re-election campaign through donations. The entry of […]
Smart wallet signals potential XRP price movement
A recent discovery by XRP Liquidity on X, a prominent XRP liquidity tracker, has drawn attention to a smart wallet potentially linked to future price movements of Ripple’s cryptocurrency, XRP. This wallet, identified by the tag “Musk,” has sparked interest within the investment community due to its historical activity and connections to influential figures in […]
Ripple executive highlights success beyond XRP price
In a recent podcast, Eric van Miltenburg, Senior Vice President for Strategic Initiative at Ripple, made it clear that the company’s measure of success transcends the price fluctuations of XRP. Amidst the volatile nature of the cryptocurrency market, Ripple maintains a steadfast focus on its core mission of revolutionizing cross-border payments, rather than getting swayed […]
Ripple CTO addresses allegations of XRP price manipulation
Ripple’s Chief Technology Officer (CTO), David Schwartz, has categorically denied allegations that the company has been manipulating the price of its digital currency, XRP, through programmatic sales. This statement comes in response to ongoing speculation and accusations from various quarters of the crypto community. Clarification on programmatic sales and market impact Schwartz emphasized that Ripple’s […]
Ripple’s XRP gains stablecoin status from World Bank
The World Bank has officially recognized Ripple’s native cryptocurrency, XRP, as a stablecoin. This classification marks a significant milestone for Ripple and its digital asset, underscoring its growing acceptance and utility in the global financial landscape. The discussion around this development was sparked by a tweet from a well-known Ripple supporter, leading to further insights […]
XRP community rallies amidst concerns over token’s performance
The XRP community finds itself at a crossroads as concerns over the token’s underperformance persist despite recent bullish sentiments expressed by a top executive. Versan Aljarrah, a prominent member of the XRP community, recently shared a clip featuring Miles Franklin CEO Andy Schetman, who extolled the potential of XRP to yield substantial wealth for investors. […]
Ripple adjusts institutional XRP sales before court ruling
Ripple, the blockchain-based digital payment network, has unveiled significant changes to its XRP sales strategy in its latest quarterly market report for Q4 2023, released on February 7. The report highlights key developments in the XRP market, including a notable shift in how Ripple conducts sales to institutional buyers, a move initiated before a crucial […]
Kraken advises XRP users of the financial upsides of the Zakinov suit
Kraken, a leading U.S.-based cryptocurrency exchange, has taken a firm stance in the ongoing legal discourse surrounding the classification of XRP. Amidst legal demands for disclosing private XRP transaction data, including customer identities, Kraken has filed a motion to protect its clients’ sensitive information. This action highlights the exchange’s dedication to safeguarding user trust, even […]
XRPL EVM validators to be rewarded in XRP: A game-changing move for the XRPL ecosystem
The XRP community has been excited following the recent integration of the Ethereum Virtual Machine (EVM) sidechain into the XRP Ledger (XRPL) ecosystem. This collaboration between XRPL and blockchain firm Peersyst marks a significant advancement in blockchain technology. In a recent interview with Peersyst CEO Ferran Prat Tio, key details about the XRPL EVM Validators’ […]
Hacken uncovers links in Ripple chairman’s $112.5M XRP hack
In a recent development that has sent ripples through the cryptocurrency community, Hacken, a blockchain analytics platform, has reported a significant security breach involving Chris Larsen, the co-founder and chairman of Ripple. On January 31, Larsen disclosed that his wallets were compromised, leading to a loss of 213 million XRP, valued at approximately $112.5 million […]
Cybersecurity breach shakes XRP market: Ripple co-founder’s wallet hacked
In a significant turn of events, the cryptocurrency market recently witnessed a substantial downturn in the trading of XRP tokens following a cybersecurity breach that affected Chris Larsen, co-founder of Ripple. Market analytics provider Kaiko unveiled data indicating a notable drop in the Cumulative Volume Delta (CVD) for XRP, reflecting a stark sell-off, primarily on […]
Trillions of dollars potentially flow into the XRP market with real-world asset tokenization
Prominent XRP community members and industry experts envision a future where the XRP blockchain becomes the leading platform for tokenizing real-world assets (RWA), potentially bringing trillions of dollars into the market. XRPL’s potential in RWA tokenization In a recent development, David Schwartz, Ripple’s Chief Technology Officer (CTO), highlighted the potential of the XRP Ledger (XRPL) […]
Crypto weekend watch – Bitcoin surges past $43,000
Crypto enthusiasts and investors are closely monitoring the weekend developments as Bitcoin experiences a significant surge, reclaiming a value above $43,000. The recent market dynamics showcase Bitcoin’s resilience after a recent dip to $38,500, marking a local bottom. In the last 24 hours, Bitcoin skyrocketed by 2%, demonstrating its ability to recover swiftly. This surge […]
XRP ledger sets new milestone with 5.02M active wallets
The XRP Ledger, a blockchain network associated with the XRP cryptocurrency, has achieved a significant milestone with the number of active wallets on its network. According to blockchain analytics company Santiment, this development reflects a growing interest in XRP over the past few years. Rising interest in XRP XRP, a prominent cryptocurrency in the digital […]
XRP Ledger sees record growth with over 5 million wallets
In a recent development that marks a significant milestone in cryptocurrency, XRP Ledger has recorded an unprecedented increase in small XRP wallets. This growth indicates a heightened interest in XRP, the sixth-largest cryptocurrency by market capitalization. Unprecedented growth in XRP Ledger According to a report by Santiment, a leading on-chain data aggregator, the XRP Ledger […]
Ripple CTO David Schwartz discusses legal wins and market shifts
In a recent interview with Thinking Crypto, Ripple’s Chief Technology Officer David Schwartz discussed the company’s strides in cryptocurrency regulation and legal challenges. His insights painted a picture of resilience and progress for Ripple, especially in the context of the ongoing SEC lawsuit and the evolving regulatory environment. Regulatory environment and ETF approvals Schwartz emphasized […]
XRP greenlist removal leads to FOIA request by legal expert
Attorney James Murphy, known for his expertise in the legal aspects of the digital currency world, has filed a Freedom of Information Act (FOIA) request with the New York Department of Financial Services (NYDFS). This move comes in response to the NYDFS’s unexpected decision to delist XRP from its approved tokens list, commonly called the […]
SEC intensifies legal demands on Ripple in ongoing case
The U.S. Securities and Exchange Commission (SEC) has intensified its demands against Ripple, a prominent player in the cryptocurrency sphere. The SEC has filed a new motion to compel Ripple to produce financial documents and details of post-complaint XRP sales contracts. This recent development marks a significant escalation in the SEC’s legal strategy as it […]
Analysts skeptical about approval of spot XRP ETF in the near future
In the world of cryptocurrency exchange-traded funds (ETFs), the anticipation for a spot XRP ETF approval has been met with skepticism from financial analysts. While there is a glimmer of hope among some XRP enthusiasts, experts believe that regulatory hurdles and an ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple could […]
Ripple set for breakthrough with US banks adopting XRP
US banks are set to adopt Ripple’s XRP for international payments. This move marks a pivotal moment for Ripple following a prolonged legal battle with the Securities and Exchange Commission (SEC). Ripple CEO Brad Garlinghouse has hinted at this major shift, indicating a new era for XRP in the banking industry. Ripple’s journey through legal […]
Ripple stands firm, opposes SEC’s latest legal demand
In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Ripple has recently opposed the SEC’s motion to compel the production of specific post-complaint documents. This development marks a significant turn in the high-profile case, underscoring the complexity of regulatory compliance in the cryptocurrency sector. Ripple’s opposition to SEC’s motion […]
Ripple President’s vague XRP adoption remarks stir concern
Ripple president Monica Long‘s recent comments in an interview with the Chain Reaction Pod have sparked a wave of concern in the XRP community. The interview, which centered on the implications of the U.S. court ruling declaring XRP as not a security for retail investors, left many anticipating a clear stance on XRP’s adoption post-lawsuit. […]
David Schwartz unveils 99% XRP holders at XRPL Genesis Block
David Schwartz, the Chief Technology Officer of Ripple, recently addressed the XRP community’s concerns about distributing XRP tokens at the XRP Ledger’s (XRPL) inception. This discussion comes in the wake of queries regarding the unusual genesis block number of the XRPL and allegations of hidden data concerning the XRP distribution scheme. Schwartz’s revelations aim to […]
Ripple CTO David Schwartz dispels myths around huge XRP transaction
In recent events, Ripple CTO David Schwartz has addressed concerns surrounding an unusually large transaction involving Ripple’s native cryptocurrency, XRP. The incident, initially causing alarm within the cryptocurrency community due to the reported value of nearly $15 billion, was later clarified by Schwartz as a gross misrepresentation of the figures involved. David Schwartz clarifies XRP […]
XRP community and Charles Gasparino clash over crypto theories
Veteran financial journalist Charles Gasparino has recently become embroiled in a contentious exchange with the XRP community, the cryptocurrency linked to tech company Ripple. Known for his direct reporting style, Gasparino has been a vocal critic of certain theories proposed by XRP supporters. His recent comments regarding the unlikely discussion of XRP-related conspiracy theories at […]
Failed $15B XRP transaction reveals partial payments exploit attempt
In a recent turn of events, an alleged transaction involving nearly $15 billion worth of XRP failed to materialize as intended, leading to revelations of a “Partial Payments Exploit” attempt. Bitfinex, one of the prominent cryptocurrency exchanges, became the target of this thwarted attack. Paolo Ardoino, the Chief Technology Officer at Bitfinex, shed light on […]
XRP gets ditched by Hong Kong Virtual Asset Consortium
The crypto world is never short of surprises, and the recent shuffle in the Hong Kong Virtual Asset Consortium’s (HKVAC) crypto indexes is a testament to the dynamic and often unpredictable nature of this digital economy. Ripple’s XRP, once a frontrunner in the global crypto race, finds itself edged out of the HKVAC’s top five […]
XRP gains attention in Wall Street financial discussions
In a recent segment on FOX Business News, Adam Johnson, Portfolio Manager of the Bullseye American Ingenuity Fund, discussed the potential benefits of using cryptocurrency as a bridge asset in large-scale financial transactions. This commentary has sparked significant interest in the XRP community, as the functionality described aligns closely with the capabilities of XRP, a […]
