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Ripple News
TheNewsCrypto
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Oregon Sues Coinbase Over Unregistered Crypto Tokens Including XRP and ADA
- Oregon has sued Coinbase for offering 31 unregistered crypto tokens, including XRP and ADA.
- The state accuses Coinbase of misleading users by promoting risky and unvetted investments.
- The lawsuit could potentially lead to similar state-level actions and reshape crypto regulations.
- Coinbase denies the allegations, warning that state enforcement could fragment rules and harm the crypto ecosystem.
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Crypto-News-Flash
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Ripple News: Coinbase Lists XRP Futures—Is an XRP ETF Coming Soon?
- Coinbase has listed XRP Futures Contracts on its US derivative exchange, expanding the range of available assets.
- The listing of XRP Futures Contracts is expected to expedite the approval process for an XRP Exchange Traded Fund (ETF).
- XRP price struggles to hold above its support level, declining by 1.14% in the last 24 hours and 2.8% in the last seven days.
- Analysts believe that XRP has the potential to reach high prices, with predictions ranging from $15 to six-figures once adoption reaches its maximum level.
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TheNewsCrypto
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Trader Takes Bold Short Position on XRP While Bullish on Shiba Inu
- Prominent trader Lars Kooistra maintains a 40% short position on XRP, despite its recent recovery.
- Kooistra opens a long position on Shiba Inu based on an accumulation pattern.
- Both XRP and Shiba Inu display a strong positive correlation in the market.
- Kooistra's divergent strategy is informed by different technical signals on higher timeframes for each asset.
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Newsbtc
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Ethereum At $9,200, XRP At $5,800, And Solana At $3,400? Analyst Says This Is Not Possible
- Bitcoin leads a period of slow but steady gains in the cryptocurrency market, with most altcoins lagging behind.
- Samson Mow challenges the misleading nature of unit bias among altcoins like Ethereum, XRP, and Solana, stating that their current prices are virtually impossible given their supply. He proposes reevaluating altcoin valuations by applying Bitcoin's supply model.
- The current price of Ethereum, Solana, and XRP shows that altcoin appeal is driven by unit bias rather than actual value. Bitcoin's better fundamentals and scarcity contribute to its dominance in the market.
- While some analysts anticipate an incoming altcoin season, Mow believes Bitcoin dominance is likely to grow stronger in the long run, reinforced by inflows into spot Bitcoin ETFs and increasing recognition from traditional finance investors.
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Bitcoinist
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Ripple Faces Major Challenger As Circle Enters Payments Arena
- Circle has announced the launch of the Circle Payments Network (CPN), setting up a direct competition with Ripple's payments product.
- CPN is described as a streamlined way for financial institutions to connect, using stablecoins like USDC and EURC for real-time settlement in areas such as invoice settlement, remittances, treasury flows, and payroll.
- Circle, known for issuing the second-largest dollar stablecoin, takes on the role of operator and compliance gatekeeper in the CPN network, with strict licensing and AML/CFT criteria for participating entities.
- The move puts Circle in direct competition with Ripple, targeting similar use cases with a different approach using stablecoins, which is seen as more compatible with existing financial institutions' business models.
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Bitcoinist
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Crypto Industry Contributed $18 Million To Trump’s Inauguration, Ripple Among The Top Donors
- The cryptocurrency sector contributed approximately $18 million to support Donald Trump's inauguration, with Ripple Labs being one of the top donors.
- Ripple Labs donated nearly $4.9 million, making it the second-largest donor overall.
- Other significant contributors from the crypto industry included Robinhood, Coinbase, Kraken, Crypto.com, Circle, and Paradigm.
- Under President Trump, the crypto sector found a favorable ally, while the Biden administration has taken a stricter stance on cryptocurrency regulation.
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TechBullion
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No equipment required! Three secrets for XRP holders to earn $100,000 a month through cloud contracts – Analyzing the wealth logic of the Rich Miner platform
- RICH MINER is a UK-based financial technology platform specializing in cloud mining, recognized for its compliance qualifications and green energy approach.
- The platform's AI optimization and dynamic currency switching maximize returns, with a focus on mainstream cryptocurrencies like BTC and ETH and indirect XRP participation.
- Users can start mining with a minimum investment of $15, reinvest daily income, and potentially earn over $100,000 monthly through compound interest and low-cost green energy.
- RICH MINER employs a layered referral system to boost incomes through social networks, offering rewards for direct and multi-level referrals.
- The platform emphasizes compliance, security, and risk management, using HSBC for fund custody, cold wallet storage, and multi-currency hedging strategies.
- A practical guide suggests steps from registration to profit maximization, including contract selection, dynamic adjustments, and exit strategies for reinvestment.
- Users can potentially earn passive income daily by investing in BTC contracts, with flexible withdrawal options and various stable income plans.
- RICH MINER provides XRP holders an opportunity to enter the crypto economy with the potential for high returns, emphasizing continuous market monitoring for profit maximization.
- Interested individuals can explore further details on RICH MINER's official website or contact the platform via email for additional information.
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Crypto-News-Flash
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Oregon Sues Coinbase, Declares XRP, ADA, LINK Among 31 Securities
- Oregon's attorney general has filed a lawsuit against Coinbase for offering 31 unregistered securities.
- The lawsuit accuses Coinbase of taking advantage of trust to offer risky investments.
- Coinbase's Chief Legal Officer believes the lawsuit is motivated by profit-seeking private law firms and criticizes the previous SEC administration.
- Coinbase has also filed a Freedom of Information Act request for transparency on the financial implications of previous enforcement actions.
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Newsbtc
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Crypto Analyst Reveals When The XRP Price Will Reach $25 – It’s Not Far Off
- Crypto analyst predicts XRP price could reach $25 and cross $10 mark.
- Predicts a 600% rally to $17.50 and potential 1,000% rally to $27.50 for XRP price.
- Expects XRP price to break $3.40 to trigger another rally.
- Cites historical performance, regulatory clarity, XRP ETFs, adoption as catalysts for XRP price rally.
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TronWeekly
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XRP Falls Despite Strong News—Investor Trap, Claims Analyst
- XRP's current price drop is viewed as a deliberate strategy to mislead retail investors and prepare for institutional adoption.
- Despite recent advancements, the token's price remains sluggish, but its core fundamentals show strength.
- The analyst 589Bull argues that the price drop is a trap designed to deter retail investors while institutions prepare for a major shift.
- He advises patience over panic, stating that the goal is to shake out early investors and pave the way for institutional players.
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Cryptopotato
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Ripple (XRP) Faces New Legal Challenges But It’s Not the SEC This Time: Details
- Ripple's token, XRP, has been included in a lawsuit filed by the Oregon Attorney General against Coinbase.
- Legal experts, including Bill Morgan, criticized the action, pointing out that Coinbase had previously delisted XRP after the SEC sued Ripple.
- The SEC has withdrawn its latest appeal in the Ripple case, indicating the conclusion of the lawsuit, but additional legal proceedings are still required.
- The resolution of the lawsuit is unlikely to impact XRP as it has already been priced in.
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Crypto-News-Flash
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JAN3 CEO: You’d Need $5,800 in XRP to Equal 1 BTC—But It’s Still Not Worth It
- Samson Mow, CEO of JAN3, analyzed XRP's valuation compared to Bitcoin's supply metrics.
- Mow argued that if XRP's market value were condensed into 21 million units, matching Bitcoin's supply, each coin would be priced at around $5,800.
- Mow criticized the cognitive tendency of investors to prefer whole units of cheaper altcoins over fractional shares of more expensive Bitcoin, referring to it as unit bias.
- Mow predicted a rise in Bitcoin dominance, claiming that altcoins are overvalued and Bitcoin is undervalued.
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Cryptopotato
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Vital Ripple Metric Sees 67% Surge: Is XRP Preparing for a Major Rally?
- The number of active XRP addresses, a crucial metric showcasing the overall interest and use case of Ripple's network, has seen a 67.5% surge on a daily scale.
- The growing usage of the XRP network by more active addresses and the formation of an inverse head and shoulders pattern are considered bullish signs, suggesting a potential price surge for XRP to $2.70.
- The squeezing Bollinger Bands indicate that XRP's consolidation is coming to an end, signaling an upcoming significant move.
- These indicators point towards a major rally for XRP.
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Cryptonews
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Ripple Managing Director Confirms XRPL’s Role in Hidden Road’s Post-Trade Infrastructure After $1.25B Acquisition
- Ripple's $1.25 billion acquisition of Hidden Road will integrate the XRP Ledger for post-trade settlements across all prime brokerage services, potentially handling massive daily volumes exceeding $10 billion.
- Integration of the XRP Ledger aims to reduce settlement times from 24 hours to just 3-5 seconds, making XRPL an attractive solution for institutional DeFi use cases.
- Hidden Road CEO Marc Asch indicated that Ripple's financial backing will enable expansion to more customers, new products, and additional markets and asset classes.
- XRP's price has not immediately reacted to the news, trading down 12% monthly at $2.08, but analysts remain bullish on long-term prospects as institutional demand potentially increases.
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Cryptonews
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Coinbase Launches CFTC-Regulated XRP Futures for US Traders
- Coinbase has launched CFTC-regulated XRP futures, allowing US traders to gain leveraged exposure to XRP.
- XRP open interest has increased by 3% to $3.18B, indicating renewed capital inflows and potential institutional interest.
- The launch provides traders with a CFTC-approved way to go long or short on XRP, one of the oldest cryptocurrencies.
- The move comes after the SEC dropped its case against Ripple Labs, removing regulatory uncertainty around XRP.
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