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Ripple News
Altcoinbuzz
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Ripple Co-Founder Donates $10M to Kamala Harris Campaign
- Chris Larsen, the co-founder and executive chairman of Ripple, has donated $10 million in XRP to Kamala Harris' campaign for the 2024 presidential elections.
- Larsen believes that Harris is the right candidate to lead the charge for tech innovation, particularly in the crypto industry.
- The donation will provide Harris with additional resources to fund her campaign and reach more voters.
- Larsen's contribution highlights the tech industry's interest in the next president's approach to crypto innovation and regulation.
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Bitcoinist
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127
Image Credit: Bitcoinist
XRP Bullish Signal: Adoption & Utility Both Spike On The Network
- On-chain data shows a spike in activity and address creation on the XRP network.
- XRP Daily Active Addresses and Network Growth have both increased recently.
- 35,799 unique users and 3,858 new users joined the network during the activity boom.
- This spike in utility and adoption could have bullish implications for XRP in the long-term.
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Crypto-News-Flash
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8
Image Credit: Crypto-News-Flash
Did Elon Just Endorse XRP? Musk Mentions Ripple’s XRP Fueling Speculation
- Elon Musk mentioned XRP for the first time in a viral video.
- He stated that cryptocurrencies like XRP promote freedom from centralized control.
- Musk avoided directly endorsing or disapproving XRP but acknowledged its value.
- The XRP community remains committed to advocating for the token amidst Ripple's legal battle with the SEC.
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Bitcoinist
3w
343
Image Credit: Bitcoinist
Ripple Co-Founder Donates $10 Million In XRP To Kamala Harris’s Campaign
- Ripple Labs co-founder Chris Larsen has donated $10 million worth of XRP to Democratic presidential nominee Kamala Harris's campaign.
- This donation follows Larsen's previous contribution of $1 million worth of XRP to a super PAC supporting Harris.
- Larsen believes that Harris will bring a fresh approach to technology and innovation, specifically in the cryptocurrency sector.
- Despite his support for Harris, Larsen's donation comes amid Ripple's ongoing legal battle with the SEC.
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Bitcoinik
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391
Image Credit: Bitcoinik
Shocking that Ripple Co-founder Chris Larsen donates $11.8M to Democratic Party Leader
- Ripple co-founder Chris Larsen has donated $11.8 million to PACs supporting Democratic party leader Kamala Harris.
- In an interview, Larsen expressed his support for Harris and praised her leadership.
- The donation comes amid Ripple's ongoing legal scrutiny under the current Democratic Party administration.
- Larsen's donation could potentially provide political advantages for Ripple in their legal battle if Harris wins the presidential election.
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TheNewsCrypto
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299
Image Credit: TheNewsCrypto
Analyst Identifies Potential Ripple (XRP) rally Window: Here’s When
- Analyst Dr. Pastet identifies potential XRP rally window for late December 2024 to early January 2025.
- Chikou Span tracing and thinning Kumo cloud suggest possible bullish breakout.
- Short-term analysis points to key resistance at $0.6086 and support at $0.4870.
- XRP finds itself at a critical juncture as Ichimoku Cloud analysis reveals a potential rally window in the coming year.
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Bitcoinist
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356
Image Credit: Bitcoinist
XRP Primed For Explosive 10x Rally: Expert Lays Out Strategic Roadmap
- Crypto expert predicts a potential 10x price surge for XRP.
- The prediction is based on a Macro Drop Zone analogy.
- XRP could potentially reach $15 in the near term.
- Positive market conditions and acceptance of Ripple's blockchain contribute to XRP's strength.
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Bitcoinsensus
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206
Image Credit: Bitcoinsensus
SEC’s New Appeal: What It Means for Ripple and XRP
- The SEC is appealing the 2023 ruling, focusing on Ripple’s sales practices and executive involvement, not XRP’s classification as a security.
- Ripple’s Chief Legal Officer clarified that the appeal does not directly challenge the 'not security' ruling.
- Ripple’s cross-appeal and the SEC’s remand request mean the case’s resolution is unlikely before 2025.
- XRP market showed positive response to the news, with a 4% increase in value during the peak.
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Cryptonewsz
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264
Image Credit: Cryptonewsz
What Elon Musk Said When Asked About Ripple (XRP)
- Elon Musk was recently asked about the potential future of XRP in financial institutions.
- Musk sidestepped the XRP-specific question and offered a broader perspective on cryptocurrency's impact.
- He stated that cryptocurrency is a valuable bulwark against centralized control.
- Musk emphasized that his comments should not be seen as an endorsement or criticism of XRP.
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Zycrypto
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352
Image Credit: Zycrypto
Elon Musk Publicly Mentions Ripple’s XRP For First Time Ever. Is A Parabolic Bully Rally Confirmed?
- Elon Musk publicly mentioned Ripple's XRP cryptocurrency for the first time during a town hall in Pittsburgh.
- While Musk didn't specifically endorse XRP, he stated that he believes crypto assets serve as a valuable bulwark against centralized control.
- Musk is known for his support of Dogecoin (DOGE) and has previously teased DOGE payments for Tesla and mentioned it in relation to a proposed government efficiency commission.
- XRP fans expressed enthusiasm over Musk mentioning XRP, although he clarified that it was not an endorsement.
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Bitcoinist
3w
406
Image Credit: Bitcoinist
Elon Musk Speaks Out On XRP: A Game Changer For Crypto?
- Elon Musk, CEO of Tesla and SpaceX, mentioned XRP for the first time during a Town Hall meeting.
- Musk stated that cryptocurrency is a valuable bulwark against centralized control and helps with individual freedom.
- He clarified that his comments were not an endorsement or lack of endorsement for XRP.
- Musk has previously interacted with the Ripple community but has primarily focused on endorsing Dogecoin.
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TheNewsCrypto
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149
Image Credit: TheNewsCrypto
Ripple (XRP) Price Prediction: XRP Could Sink to as Low as $0.20 if This Doesn’t Happen
- Ripple's price dipped by 8% in October due to a fresh twist in XRP's legal fight with the SEC.
- Technical indicators suggest that Ripple may see a slide to $0.20 if it doesn't maintain a critical support level.
- Addresses holding 100 million to one billion XRP are aggressively accumulating XRP, fueling confidence.
- However, XRP RSI is at 48.60, which is neutral and too close for comfort.
- Should the bears be in charge for too long, XRP might fall toward the $ 0.20.
- Rexas Finance offers a stable platform for investors looking to buy into the lucrative RWA industry.
- Since being listed on CoinMarketCap, Rexas Finance has been recording high sales numbers in its presale stage 4.
- Rexas Finance's undeniably impressive platform has attracted investors and enthusiasts alike and strengthened its growing community.
- As Rexas Finance builds its identity as a pioneer in the RWA tokenization space, expectations are high for its continued growth and price appreciation.
- Once RXS debuts at $0.20, analysts predict that its value will witness a remarkable increase.
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Newsbtc
3w
123
Ripple At A Critical Juncture Like Amazon In 1997, Says Investment Pro
- Ripple Labs is approaching a pivotal turning point with a potential initial public offering (IPO), likened to Amazon's IPO in 1997.
- Ripple has solidified its position in the blockchain ecosystem with its cross-border payment solutions and utilization of XRP.
- Recent court rulings in Ripple's favor may clear the path for bigger opportunities, including a public offering.
- A public listing could provide Ripple with fresh capital for rapid scaling, entry into new markets, acquisitions, and research and development.
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7 Likes
Crypto-News-Flash
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422
Image Credit: Crypto-News-Flash
Ripple CEO Sees Brazil’s Crypto Regulation as a Key Growth Opportunity
- Ripple views Brazil’s crypto regulations as an opportunity for growth, citing the country’s constructive regulatory environment.
- Brazil has adopted legislative measures to control the cryptocurrency sector, making it a major center for blockchain and crypto innovation in Latin America.
- Ripple has introduced its On-Demand Liquidity (ODL) product in Brazil through a collaboration with Travelex Bank, enabling faster and cheaper cross-border transactions using XRP.
- Despite ongoing challenges with the U.S. Securities and Exchange Commission (SEC), Ripple's strong financial position allows it to prioritize growth over an IPO.
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Crypto-News-Flash
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8
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Ripple in the Spotlight: SEC Appeals XRP Ruling, Bitwise Updates ETF, and IPO Buzz Grows
- The SEC has filed its Form C with the Second Circuit Court of Appeals, appealing the 2023 ruling in the Ripple case.
- Bitwise has updated its S-1 registration for its XRP ETF application, refining custody, trust structure, and share creation and redemption methods.
- Ripple CEO, Brad Garlinghouse, has mentioned the potential for a Ripple IPO, although it is not currently a high priority for the company.
- XRP is struggling to regain its $0.55 level and currently trades at $0.54.
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