Ripple's XRP whales accumulate 110 million XRP amidst legal battles, signaling confidence. Despite challenges, market sentiment rises with XRP's price up 1.8%. Legal uncertainties linger, impacting future trends and investor focus.
Xu LinRipple sells 150 million XRP from reserves, totaling $75 million, inflating supply by 0.25%. This contributes to an estimated yearly inflation rate of 4.35%. Historical data shows Ripple's sell-offs often lead to local price crashes for XRP. Current market situation sees XRP trading at $0.507, down nearly 7% post-sell-off, with weak momentum indicated by RSI. Monitoring Ripple's activities crucial for understanding XRP's price and market dynamics.
EdmundRipple's CEO predicts US government scrutiny on Tether, sparking a clash between the two companies amidst Ripple's own stablecoin launch.
WeatherlyRipple seeks to seal documents in SEC lawsuit, citing sensitive financial data. Concerns include competitive harm and preservation of negotiating power. Legal precedent and industry support bolster Ripple's case. XRP trades at $0.507 amidst ongoing legal proceedings.
Xu LinXRP derivatives trading volume surges 194% in 24 hours, reaching $831.89M. Spot market sees 130% increase to $878.89M. Combined turnover hits $1.7B, 6% of XRP's $28B capitalization. Surge coincides with pivotal date in Ripple v. SEC case, with parties filing motions to seal materials related to remedies briefing. Anticipation grows amid legal battle's impact on XRP's future.
Xu LinRipple CEO Brad Garlinghouse warns of potential consequences as the U.S. government focuses on Tether, fearing another crypto black swan event. Regulatory scrutiny on Tether raises uncertainty in the crypto market, while Ripple plans its own stablecoin launch. Tether faces ongoing investigations amid concerns over reserve transparency.
Huang BoXRP sees slight 0.46% increase in 24 hours, signaling cautious uptrend. Short-term outlook bears $0.5135 support level; breach may test $0.51. Medium-term lacks reversal signals; breach of $0.51 could lead to $0.48-$0.50 range. Weekly bar nears bearish close, potentially testing $0.4780. XRP at $0.5130.
Xu LinMagistrate Judge Netburn sets deadlines in Ripple vs. SEC battle. Ripple contests $2B penalty, seeks fair adjudication. Crypto industry watches closely as Netburn navigates the case's complexities.
Huang BoRipple counters SEC's $2 billion demand with $10 million proposal. Binance settles for $4 billion, CEO pleads guilty.
Huang BoExplore Kraken's resolute stance in the Ripple lawsuit, as the exchange champions user privacy against sweeping data disclosure mandates.
BrianRipple-SEC legal battle continues with focus on SEC's motion for Ripple's financial data. Judge grants Ripple's request for a sur-reply. XRP price at $0.514, facing market fluctuations amidst ongoing legal developments.
Huang BoRipple Labs Inc bids farewell to CFO Kristina Campbell after two odd years with her LinkedIn profile now reflecting her new role as Maven Clinic’s CFO.
CatherineRipple Labs has announced a new president as the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the payments platform nears a conclusion.
dailyhodlAmerican journalist Charles Gasparino raised the question of why the SEC focused on Ripple while it let Sam Bankman-Fried and FTX have their way.
BitcoinistIn recent court filings by the U.S. Department of Justice against Avraham Eisenberg, the DoJ refers to two cryptocurrencies as commodities. Eisenberg.
BitcoinistWell-known platforms had consistently been coming forward to support the blockchain company by asking for permission to file amicus briefs.
OthersBoth Ripple and the SEC have filed motions for summary judgment, which could see a judge making an ultimate decision before taking the case to trial.
BeincryptoRipple Labs beat the SEC in its ongoing securities fraud case. The judge in charge of the case denied the SEC's motion to review certain documents that may not be material to the prosecution.
CointelegraphRipple Labs was able to gain a victory against the SEC in its ongoing securities fraud case. The judge on the case denied the SEC’s motion to review certain documents that may not be material to the prosecution.
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