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Ripple CEO Brad Garlinghouse has weighed in on recent statements made by Tesla CEO Elon Musk regarding the potential role of XRP in financial institutions.

Brad Garlinghouse and other crypto executives have directly contributed to John Deaton's Senate run, and Ripple has funded one of the PACs supporting him.

XRP continues to make headlines on unusual occasions, as this time, the popular cryptocurrency was at the center of a major market shift that saw a colossal amount of liquidations by buyers of perpetual futures on it.

Ripple CEO Brad Garlinghouse endorsed John Deaton, a Republican, for the Massachusetts Senate election. This comes only days after Ripple co-founder Chris Larsen donated $10 million to the Democratic Presidential candidate.

Cross-border payments provider Ripple faces a procedural obstacle in the latest appeal by the United States regulator in its protracted legal drama after failing to meet a key filing deadline.

Musk is the latest popular figure to have backed John Deaton in his quest for the US Senate.

Ripple recently transferred an astonishing 200 million XRP between its wallets. This transaction, valued at around $109 million at the time, has surged a wave of speculation and concern among investors and analysts alike.

Bears are becoming more powerful, according to CoinMarketCap.

A crypto market analyst recently released a study that predicts a big rise in the price of XRP. This study fits with the current excitement in the crypto community, especially since Elon Musk made his first public reference to XRP.

Ripple CEO Brad Garlinghouse has publicly endorsed pro-crypto lawyer John Deaton‘s campaign to unseat Senator Elizabeth Warren and become the next senator from Massachusetts. On Oct. 22, Garlinghouse stated that he supports Deaton “enthusiastically and wholeheartedly ” and praised the attorney for being a tireless advocate for XRP and the broader cryptocurrency industry.

In a new technical analysis of the XRP price in the weekly chart (XRP/USD), crypto analyst Dark Defender warns of a potential last major crash. The analysis uses the Elliott Wave theory and dives into the historical and projected paths for XRP, marked by critical price levels and wave patterns.

Global crypto market cap has seen a sudden drop in value, falling from $2.32 trillion to $2.29 trillion reflecting a drop of 1.58% overnight. This comes after Bitcoin ETFs in the U.S. experienced their first outflow in seven days, with Bitcoin's price holding around $66.5K.

TL;DR Aurum Equity Partners launches a $1 billion tokenized equity and debt fund on the XRP Ledger (XRPL) blockchain, aiming to revolutionize private equity with enhanced efficiency, liquidity, and accessibility. The fund will invest in data centers across the U.S.

The U.S. Securities and Exchange Commission (SEC) has filed its Form C, appealing a court ruling that addressed the nature of Ripple's XRP sales. The appeal centers on three primary issues: the sale of XRP through exchanges, the distribution of XRP to employees, and the transactions made by executives Brad Garlinghouse and Chris Larsen.

Ripple's substantial XRP transfers amid SEC lawsuit developments raise concerns over market impact and future price movements.

In a recently published tweet, Ripple CTO David Schwartz, known on the X social media network as @JoelKatz commented on an X post by another user and added his comment which most likely refers to the legal overreach of the US Securities and Exchange Commission regarding crypto and “unregistered securities.”

The price action that XRP (XRP) has experienced over the course of 2024 has been quite erratic and volatile.

Chris Larsen's eleventh-hour legal filing averts a procedural setback for Ripple, keeping their defense strong in the high-stakes SEC lawsuit.

The cryptocurrency landscape evolves, recent developments highlight a stark contrast among the top ten digital assets. While Bitcoin is experiencing a significant breakout, XRP is struggling to maintain its momentum.

According to Coinglass, if Ripple's (XRP) price hits $0.60, it will wipe out millions of dollars in open contracts. The derivatives information portal indicates that this level represents the highest XRP liquidation price.

Dogecoin (DOGE) and XRP (XRP) were among the major tokens that faced a decline in their values amid a market-wide downturn. The declines followed a rally earlier this week as traders seized profits amid broader market weakness.

According to on-chain data, Ripple has transferred 60 million XRP in different transactions to anonymous wallets. This development comes amid the announcement of a strategic collaboration between Garanti BBVA and Ripple aimed at enhancing the performance and security of Garanti BBVA's growing digital platform.

The mainstream adoption of crypto assets in the European market has helped Garanti BBVA to offer diverse products to its growing customer base.

Robinhood Crypto EU on Wednesday said it has decided to add Stellar (XLM) to crypto transfers, increasing the number of cryptocurrencies supported in the service. XLM price continued to drop as traders considered a broader market sentiment, with price down 1% in the last 24 hours.