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Ripple News
NullTX
2w
34
Image Credit: NullTX
RIPPLE PRICE ANALYSIS & PREDICTION (October 28) – XRP Turns Bearish Amid Fresh Meltdown, Posts 7% Loss In A Week
- XRP turned bearish amid a fresh meltdown and posted a 7% loss in a week.
- XRP dipped below a key support level but has since recovered slightly.
- The cryptocurrency struggled to climb back amid low volatility and faced rejection at $0.564 level.
- A drop is expected if XRP fails to push above last month's high.
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Bitcoinist
2w
147
Image Credit: Bitcoinist
Gensler Called ‘Worst Public Servant’ In Scathing Remarks By Ripple Co-Founder
- The co-founder of Ripple, Chris Larsen, called SEC Chair Gary Gensler the 'worst public servant' in a recent interview.
- Larsen expressed his distrust of Gensler and the Federal Trade Commission's Lina Khan.
- Ripple has been involved in a legal battle with the SEC since late 2020 over alleged securities law violations.
- Gensler's tough stance on crypto and Ripple has sparked criticism from industry players.
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Zycrypto
2w
294
Image Credit: Zycrypto
XRP to $15 Price? — Pundit Wonders Why Anyone Is Bullish on XRP After a “Major Breakdown”
- XRP has come under scrutiny after its price consolidation and drop.
- Analysts question the bullish outlook due to technical struggles.
- On-chain data shows increased network activity for XRP.
- Price is currently at $0.5155, with a 0.75% surge in the last 24 hours.
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TheNewsCrypto
2w
307
Image Credit: TheNewsCrypto
XRP Price Continues Bearish Momentum Amid Ripple’s SEC Cross-Appeal
- XRP price broke below the $0.52 support level after consolidating for a month.
- Ripple is pursuing a cross-appeal in its legal battle with the SEC.
- The appeal does not contest the classification of XRP as a security.
- XRP is trading at $0.5149, facing selling pressure and finding support at $0.49.
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18 Likes
Crypto-News-Flash
2w
164
Image Credit: Crypto-News-Flash
Ripple and Shiba Inu: 2 Compelling Reasons to Add XRP and SHIB to Your Portfolio
- Shiba Inu's expanding ecosystem and potential shift to decentralized governance make it a compelling investment choice in the meme coin space.
- Ripple's institutional interest and potential ETF offerings position it as a solid choice for long-term growth in the cryptocurrency sector.
- Shiba Inu's ecosystem expansion includes the possibility of a SHIB ETF, while the upcoming SHIB DAO empowers community members in decision-making.
- Ripple is experiencing growing institutional interest and the potential launch of XRP ETFs, enhancing its credibility and market presence.
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9 Likes
Crypto-News-Flash
2w
355
Image Credit: Crypto-News-Flash
XRP Eyes Potential Rally After Symmetrical Triangle Breakout
- XRP is testing the top of a symmetrical triangle on the weekly chart, signaling potential upward movement.
- An analyst suggests that a breakout could lead to a rally with an initial target of $1.30.
- BitBoy identifies potential triggers for a positive increase in XRP, including a possible Trump victory, dismissal of SEC Chair Gary Gensler, and the end of Ripple's legal challenges.
- XRPL active addresses surged to 12,230, indicating increased blockchain activity over the past six months.
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Bitcoinist
2w
247
Image Credit: Bitcoinist
Ripple Vs. SEC: Latest Filing Puts Regulator In Hot Seat With Crypto Firm On The Offensive
- Ripple Labs has filed a Form C cross-appeal challenging the SEC lawsuit in the US Court of Appeals for the Second Circuit.
- The cross-appeal contests the classification of certain XRP transactions as securities and responds to the SEC's appeal questioning a favorable district court ruling for Ripple.
- Ripple seeks a de novo review to determine if its transfers of XRP qualify as securities under the Howey test and aims to overturn the $125 million civil penalty.
- The outcome of the cross-appeal could set a precedent for future cases and impact the SEC's crackdown on the cryptocurrency industry.
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14 Likes
Zycrypto
2w
26
Image Credit: Zycrypto
Crypto Pundit Vows Never To Touch Ripple’s XRP Again For These 2 Reasons
- Elite Crypto, a widely followed crypto pundit, vows never to touch Ripple's XRP again due to two reasons.
- Firstly, the stagnancy in XRP's price action over the past two years, leading to concerns about its performance.
- Secondly, Ripple co-founder Chris Larsen's $10 million donation in XRP to Kamala Harris's presidential campaign, which is seen as problematic by some XRP investors.
- These two factors have led to Elite Crypto's decision to steer clear of XRP.
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Crypto-News-Flash
2w
391
Image Credit: Crypto-News-Flash
XRP Ledger Activity Surges: 12,230 Active Addresses Mark Six-Month High
- XRP Ledger active sending addresses have surged to 12,230, marking a six-month high in blockchain activity.
- The increase in active addresses indicates growing faith in the XRP ecosystem and potentially more companies using the XRP Ledger for financial services.
- The rise in activity could be influenced by recent XRP network advancements, DeFi applications, or changes in the legal environment.
- Ripple Technology aims to make XRP a major player in the $10 trillion tokenization revolution by 2030.
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23 Likes
Cryptonews
2w
257
Image Credit: Cryptonews
Ripple Prepares for Prolonged Legal Fight as SEC Requests Extension to January 2025
- The SEC has appealed Judge Torres' ruling, seeking more time to prepare their main arguments against Ripple's XRP sales.
- Ripple faced a fine for institutional XRP sales but was largely successful in court, with a 94% reduction from the SEC's requested penalty.
- Expectations are set for no resolution before 2026, potentially benefiting Ripple and XRP amid legal and regulatory shifts.
- Political changes and new SEC leadership could significantly influence the outcome of the ongoing lawsuit.
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15 Likes
Bitcoinist
2w
69
Image Credit: Bitcoinist
Ripple Vs SEC Update: Executives Share Insights Ahead Of Form C Submission
- Ripple Labs is preparing to submit its Form C in response to the SEC's appeal against Judge Analisa Torres' ruling in 2023.
- Ripple executives, Brad Garlinghouse and Stuart Alderoty, express optimism about a favorable outcome in the Second Circuit Court of Appeals.
- Garlinghouse believes the upcoming US election could bring positive changes for cryptocurrency regulation and expects a reset in the regulatory environment.
- XRP is currently trading at $0.53.
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4 Likes
Crypto-News-Flash
2w
191
Image Credit: Crypto-News-Flash
Ripple Technology Prepares XRP to Power $10T Tokenization Revolution by 2030
- Ripple urges crypto exchanges to adapt and evolve in order to cater to the growing needs of the crypto industry.
- Ripple offers products like Ripple Custody, Ripple Payments, and the scalable XRP Ledger to help exchanges level up their services.
- Exchanges must prepare for the shift to the digital asset economy, including tokenization, estimated to be worth $16 trillion by 2030.
- Ripple's solutions enable exchanges to offer institutional-grade custody, cross-border payments, and unlock new revenue streams.
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11 Likes
Crypto-News-Flash
2w
130
Image Credit: Crypto-News-Flash
Ripple Legal Battle Continues: Form C Appeal on XRP Sales
- Ripple has filed an appeal against a US District Court decision classifying its institutional XRP sales as securities transactions.
- Ripple argues that the district court's ruling misconstrued fundamental aspects of securities law and could have general effects on the domain of digital assets.
- The appeal challenges the application of the 'Howey Test' and questions the lack of regulatory certainty offered by the US Securities and Exchange Commission (SEC).
- Ripple believes its XRP sales do not meet the legal definition of an 'investment contract' under the Securities Act of 1933.
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7 Likes
Cryptoticker
2w
270
Image Credit: Cryptoticker
XRP Price Predictions: Ripple Price Indicates a Potential Rebound
- XRP price has shown signs of rebound, trading near $0.5255.
- Resistance level at $0.5300 acts as a barrier for XRP.
- XRP's stability and gradual recovery appeal to institutional investors.
- XRP's technological utility makes it attractive for long-term stability.
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