XRP News Today: Ripple's SEC Appeal Sparks Uncertainty as Spot ETF Inflows Slow
XRP struggles below $0.55 as court delays impact investor sentiment; broader crypto market watches SEC appeal.
Keep up with what's happening in the crypto world in real-time.
XRP struggles below $0.55 as court delays impact investor sentiment; broader crypto market watches SEC appeal.
Ripple CEO Brad Garlinghouse has endorsed John Deaton, a pro-XRP lawyer, in his bid to unseat Senator Elizabeth Warren in the Massachusetts Senate race. Garlinghouse praised Deaton for his advocacy for the crypto community, particularly the XRP Army, while accusing Warren of spreading misinformation about the industry.
A new artificial intelligence (AI) scam targets XRP holders, similar to the previous scam of a fake Elon Musk. Crypto users lament the proliferation of scams within the digital assets community, citing a lack of development.
Ripple (XRP), one of the top cryptocurrencies by market capitalization, has faced a challenging period recently. After a sharp decline, the price of XRP has hovered around the critical $0.5 support level.
What does Ripple co-founder's hefty $10M donation to Kamala Harris-supporting PAC imply for crypto legislation?
Ripple's native token, XRP, is trading at its lowest point in the past week. As of this writing, the altcoin exchanges hands at $0.53, noting an additional 3% price drop over the past 24 hours.
Ripple gets a 14-day extension to meet court filing requirements after receiving a default notice in SEC appeal. The post Ripple misses filing deadline risking setback in ongoing SEC case appeared first on Crypto Briefing.
Aurum Equity Partners has announced the launch of the world's first $1 billion fund combining equity and debt, tokenized through a collaboration with Zoniqx. This new venture, which will use the XRP Ledger (XRPL), represents a major development in the field of real-world asset tokenization (RWA), specifically targeting global data center investments.
The million-dollar financial boost comes as the Vice President intensifies her outreach to the industry.
Aurum Equity Partners launched a $1 billion tokenized equity and debt fund on the XRP Ledger, an enterprise-grade blockchain network linked with Ripple. The Fund will seek investments in data centers across the US, the UAE, Saudi Arabia, India, and Europe.
The XRP lawsuit is now elongated, with the appeal and cross-appeal from the US SEC and Ripple Labs, respectively. Earlier today, the US Appeals Court for the Second Circuit notified Ripple about a possible procedural default.
In the shadow of the American elections, Chris Larsen from Ripple slides 10 million XRP to Kamala Harris, causing a stir in political and crypto ranks.
The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the "world's first combined equity and debt tokenized fund."
With October fast coming to an end, the "Uptober" reality check is becoming more visible for digital currencies like XRP. According to data from Cryptorank, XRP has lost more than 12% of its value, casting doubts on potential rebounds moving forward.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
Ripple Labs co-founder Chris Larsen has drawn attention with substantial donations to Democratic presidential nominee Kamala Harris.
The price of popular cryptocurrency XRP may be on the verge of a free fall. Such assumptions are inspired by the worrying price action of XRP that has occurred in the last few hours.
In a recent X interaction, Ripple's Chief Technology Officer David Schwartz responded to speculation about the future price of XRP, addressing the ongoing curiosity in crypto circles.
Tesla CEO Elon Musk mentioned Ripple's (CRYPTO: XRP) ledger in a recent town hall event. This comes amid controversies surrounding co-founder's political donations and SEC scrutiny.
The “Uptober” is coming to an end while bringing some indicators that suggest a bull market could be starting. In this scenario, Ripple sold over $100 million of 200 million XRP amid a shy recovery of the token's price while disclosing a $10 million donation to Kamala Harris.
On the daily chart, the price of the cryptocurrency is trapped between moving average lines.
Chris Larsen, the co-founder of Ripple, has recently made headlines for his $10M XRP donation to the U.S. Vice President Kamala Harris. While he claims the donation is aimed at promoting technological innovation and fostering crypto-friendly policies, it has ignited significant backlash from the crypto community.
Explore Ripple (XRP) price analysis and the latest updates on the SEC lawsuit. Will XRP break key resistance levels or face further downside?
Ripple chief executive officer Brad Garlinghouse has published a tweet, in which he made a comment on Elon Musk, recently talking about crypto when asked about future prospects on XRP during one of his public talks.
