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Ripple News
Cryptopotato
1h
62
Image Credit: Cryptopotato
Important Ripple v. SEC Lawsuit Update: Here’s How the Trial’s Going
- Ripple is contesting the SEC's classification of the 'Fox Declaration' as standard evidence, arguing it's expert testimony.
- A $100 million settlement is predicted in the case, which could affect XRP's value and the broader crypto market.
- The disagreement between Ripple and the SEC revolves around the classification of a key witness' testimony.
- The outcome of the case could result in a price rally for Ripple's native token or negatively impact the crypto market.
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3 Likes
Analyticsinsight
2h
69
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Retik Finance (RETIK) Identified as a Safe Haven for XRP and ADA Holders as Things Worsen for Ripple and Cardano?
- Retik Finance (RETIK) has emerged as a safe haven for XRP and ADA holders amidst challenges faced by Ripple and Cardano.
- Retik Finance raised $32 million in a successful presale, solidifying its position in the crypto community.
- Key features of Retik Finance include virtual DeFi debit cards, Retik Pay for seamless crypto transactions, a secure multi-chain wallet, AI-powered lending, and expansion into perpetuals and options trading.
- Ripple is facing an ongoing legal battle with the SEC, leading XRP holders to consider alternative investments. Cardano's ADA token has experienced a significant drop in value.
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4 Likes
Coin Telegraph
11h
180
Crypto leaders should stop flirting with CBDCs
- Cryptocurrency enthusiasts oppose CBDCs, but industry leaders like Consensys, Ripple, and Stellar support them.
- CBDCs offer governments complete control over currency, which is concerning to blockchain leaders.
- Central banks have been experimenting with CBDCs and creating state-controlled instant payment systems.
- CBDCs are programmable digital money, allowing authorities extensive control over transactions and money flows.
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10 Likes
NullTX
13h
108
Image Credit: NullTX
RIPPLE PRICE ANALYSIS & PREDICTION (May 2) – XRP Recovers 2% Overnight Amid Market Meltdown, Signals A Potential Buy?
- Amid the market meltdown, XRP has experienced a minor recovery, indicating potential buying interest.
- XRP has been in consolidation mode, trading within a key price range with low volatility.
- XRP has managed to stay above the $0.47 level despite recent drops in Bitcoin's price.
- The current trend remains bearish, and XRP needs to surpass the $0.75 level for a long-term rally.
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6 Likes
Zycrypto
14h
309
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XRP to Replace the Dollar? Crypto Pundit Predicts Major Role for Ripple’s XRP Ledger in Japan
- Cryptocurrency commentator Jack Straw predicts that XRP could replace the US dollar in Japan.
- Ripple is partnering with HashKey DX to introduce XRP Ledger-based solutions to the Japanese market, including supply chain finance solutions.
- If XRP were to replace the US dollar in Japan, it could have significant implications for the country's economy and global trade relationships.
- Bitcoin advocate Michael Saylor urges Japan to adopt Bitcoin as a more stable alternative to fiat currency amidst the Japanese Yen's decline.
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18 Likes
Crypto-News-Flash
17h
228
Image Credit: Crypto-News-Flash
XRP Eyes $0.52 Resistance as Ripple Developers Consider Lending on XRP Ledger
- XRP struggles to surpass the $0.52 resistance level for five days.
- XRPL developers propose a direct lending mechanism on the XRP Ledger, eliminating the need for smart contracts.
- XRP trades at $0.5135, experiencing difficulty in breaking local resistance at $0.52.
- XRP faces resistance at $0.5310 and $0.5574, with key resistance at $0.5787 in the weekly timeframe.
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13 Likes
Newsbtc
18h
133
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Ripple Unlocks 1 Billion XRP From Escrow – How Will This Impact Price?
- Ripple unlocked 500 million XRP tokens from escrow, raising concerns about its impact on XRP price.
- 300 million XRP tokens were sent to an escrowed account, while 200 million XRP tokens were sent to another wallet.
- Ripple received 500 million XRP tokens from an unknown wallet, but most of them were sent back to escrow.
- Discussions about Ripple's alleged dumping on the market and its impact on XRP price resurface.
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8 Likes
Analyticsinsight
18h
73
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BlockDAG’s Strategic $100 Million Liquidity Plan Surpasses Ethereum and XRP’s Market Challenges Securing $22.3 Million In Presale
- BlockDAG, a cryptocurrency, is introducing a $100 million liquidity enhancement and a four-month vesting strategy at its launch to compete against XRP and Ethereum.
- BDAG has secured $22.3 million in fundraising and market analysts predict it will reach $20 by 2025.
- XRP investors are accumulating tokens in anticipation of favorable regulatory outcomes.
- Ethereum's transaction fees have decreased to a six-month low, making it more appealing to developers and investors.
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4 Likes
Zycrypto
20h
18
Image Credit: Zycrypto
Ripple CTO Clears The Air On How Much XRP He Actually Owns
- Ripple's CTO, David Schwartz, addressed rumors about liquidating his XRP holdings.
- Schwartz clarified that he held approximately 26 million XRP at the peak of his holdings.
- Contrary to rumors, he has not sold XRP to buy other cryptocurrencies.
- Schwartz's conviction in XRP demonstrates his confidence in its utility and long-term potential.
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1 Like
Cryptopotato
1d
142
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Bitcoin (BTC) Price Decline, Shiba Inu (SHIB) Advancements, Ripple (XRP) Price Predictions: Bits Recap May 2
- Bitcoin (BTC) experienced a sharp decline, falling to a multi-month low of approximately $56,600.
- Shiba Inu (SHIB) saw a 13% price decrease despite advancements in its ecosystem and increased token burn rate.
- Ripple's XRP maintained relative stability with analysts predicting substantial future price increases.
- BTC's negative netflow, MVRV metric, and rising OI weighted funding rate indicate potential trend changes.
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8 Likes
Bitcoinist
1d
250
Image Credit: Bitcoinist
Senator Lummis Challenges US Crackdown On Crypto Market, Vows To Protect Investor’s Rights
- Senator Cynthia Lummis condemns US government's crackdown on crypto industry and vows to protect investor's rights.
- Lummis opposes Department of Justice's classification of non-custodial software as a money transmission service, emphasizing the violation of property rights.
- She criticizes the SEC's actions and advocates for Congress to formulate crypto regulations instead of the SEC.
- Lummis calls for clear regulatory guidelines and introduces the Lummis-Gillibrand bill for regulatory clarity of digital assets.
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15 Likes
Zycrypto
1d
372
Image Credit: Zycrypto
Ripple Unlocks Half A Billion XRP Tokens From Escrow, Stoking Price Drop Fears
- Blockchain payments startup Ripple has unlocked 500 million XRP tokens from its escrow accounts.
- The move has triggered debates about the potential impact on the price of XRP.
- Ripple's strategy is aimed at boosting market liquidity and facilitating cross-border transactions.
- Despite ongoing legal hurdles, XRP has shown resilience in pricing, currently trading at $0.5164 with a 3.9% daily gain.
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22 Likes
Coin Telegraph
1d
146
Price analysis 5/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
- Bitcoin's drop to $56,500 has weakened the uptrend and affected altcoin prices.
- Traders are cautious due to negative news and muted response to ETF debuts.
- Sharp corrections are common in bull phases, presenting buying opportunities for long-term investors.
- It is advisable to wait for confirmation of a price bottom before making large bets.
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8 Likes
Crypto-News-Flash
1d
223
Image Credit: Crypto-News-Flash
500 Million XRP Release by Ripple Triggers Price Drop Worries: Investor Anxiety Grows
- Ripple Labs releases 500 million XRP from escrow, triggering concerns and discussions about the deviation from regular patterns.
- Speculations arise regarding the rationale behind the distribution and the impact on XRP's price.
- Ripple Labs makes no official communication, leaving the community to speculate about its intention.
- Despite the price drop, analysts believe XRP still has the potential to reach higher levels and contribute to the crypto market's growth.
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13 Likes
Bitcoinist
1d
23
Cardano Founder And Ripple CTO Go Head To Head Over XRP Regulations And ETHGate Allegations
- Cardano Founder, Charles Hoskinson, and Ripple's CTO, David Schwartz, are engaged in a heated debate over XRP regulations and ETHGate allegations.
- Hoskinson dismisses allegations that the Ethereum community influenced the SEC's decisions in the Ripple case.
- Schwartz questions a potential conflict of interest involving the former SEC director and Ethereum's regulatory favoritism.
- Hoskinson faces backlash from the XRP community for his comments and demands proof of the allegations.
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1 Like
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