Tag: XRP
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Ripple CEO Accuses SEC Chair of Hypocrisy in Cryptocurrency Regulation Debate
Garlinghouse’s Disapproval of Gensler’s Comments Expressing his disapproval on social media, Brad Garlinghouse criticized Chair Gary Gensler’s recent comments regarding compliance within the cryptocurrency industry. Garlinghouse questioned Gensler’s leadership and alleged that his actions have harmed consumers and undermined the SEC’s integrity. He also raised concerns about Gensler’s close ties to Wall Street, highlighting potential […]
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Ripple’s Irish Subsidiary Receives License for Virtual Asset Services from Central Bank
Ripple Markets Ireland Granted License for Crypto Operations In an exciting development, Ripple announced that its subsidiary, Ripple Markets Ireland Limited, has been granted a license by the Central Bank of Ireland (CBI) to operate as a Virtual Asset Service Provider (VASP). This license allows Ripple Markets Ireland to engage in a range of crypto […]
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Ripple Labs’ Massive XRP Transfers Coincides with Crypto’s Comeback
Ripple Transfers XRP Tokens to Exchanges Blockchain-based payment company Ripple Labs has been observed making large XRP transactions as the crypto asset rebounds from a recent decline. According to reports from on-chain crypto tracker Whale Alert, Ripple recently performed three massive transfers of XRP. The tracker took to X (formerly Twitter) to alert the crypto […]
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Ripple’s December XRP Sales Total $148.80 Million, with 240 Million Already Spent
December’s Token Locking and Sales In the month of December, Ripple decided to keep 200 million XRP, which accounts for 20% of the total tokens unlocked during that period. The remaining tokens were re-locked in escrows, scheduled for release in April and May 2027. These tokens are held in a crypto wallet account named ‘Ripple […]
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XRP Struggles at Resistance as Market Uncertainty Looms; Solana Emerges as Ethereum 2.0
XRP Diverges from Ethereum’s Surge An intriguing aspect amidst the current landscape is XRP’s failure to mirror Ethereum’s upward surge. While both assets encounter comparable support zones, Ethereum capitalizes on the momentum to ascend higher, while XRP remains subdued, unable to seize the market’s overall uptrend. Despite breaking an essential support level, the absence of […]
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SEC vs. Ripple: A Legal Showdown that Could Shape the Crypto Market
The Precedents and Ripple Effects In the mesmerizing case numbered 20-CV-10832 in the Southern District of New York, District Judge Analisa Torres holds the fate of the cryptocurrency market in her hands. While the focus of the legal complaint is Ripple (XRP 2.27%) and its operational structure, the implications of this case are bound to […]
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Cardano Founder Rejects XRP Partnership Amidst Community Harassment and Misalignment
The Ongoing Discord Between Cardano and XRP In the realm of cryptocurrencies, no rivalry has endured as long or as contentiously as the one between Charles Hoskinson, the founder of Cardano, and the XRP community. Their frequent clashes and public disputes have become synonymous with the industry, with both factions never missing an opportunity to […]
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XRP Price Stagnation Sparks Speculation of Impending Rally, Analysts Weigh In
High Expectations Following SEC Case Ruling After the court ruled that XRP was not a security in the Securities and Exchange Commission (SEC) case, many anticipated a substantial rally for the token. Analyst Predicts a Turning Point Crypto analyst CryptoInsightUK, actively discussing XRP on social media, believes that the token is approaching a critical turning […]
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Amidst Market Uncertainty, Ethereum Poised to Rise Again
RSI Loiters, Neither Confirming Bearish Downturn nor Bullish Breakout The Relative Strength Index (RSI), which serves as a gauge for market sentiment, hovers around the midline. This indecisiveness suggests that neither a bearish downturn nor a bullish breakout has been confirmed. As the crypto market gears up for a potential recovery phase, closely watching price […]
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Palau Launches Ripple-Powered CBDC Pilot, Paving the Way for Digital Currency Innovation
Phase 1 Success and Expansion Goals In a significant development for digital currency, the Republic of Palau has taken a progressive step towards a robust digital economy by launching the second phase of its central bank digital currency (CBDC) pilot program. The first phase, which lasted three months, was deemed a success by Palau’s Ministry […]