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A judge has agreed to delay enforcing the $125 million civil penalty imposed on Ripple, cracking open the door for a potential appeal in the payment firm's longstanding legal battle with the U.S. Securities and Exchange Commission (SEC).

A key executives with ties to the cryptocurrency firm Ripple have publicly endorsed Vice President Kamala Harris' 2024 presidential campaign, according to a report from CNBC.

Ripple (XRP) token is holding strong despite market downturns with recent developments including updates on Ripple's cross-border payment solutions and key legal victories, bolstering investor confidence.

In addition to Larsen, the letter of endorsement for Harris also includes signatures from some of the most prominent figures in the tech world.

The Ripple-SEC lawsuit has intensified, with Ripple's recent token transfer and the SEC's potential appeal raising concerns about XRP's future.

Ripple struggles to regain momentum as bearish pressure builds, pushing it closer to oversold conditions.

Chris Larsen's endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections.

Blockchain platform Ripple (CRYPTO: XRP) joined a group of 88 current and former top executives endorsing Vice President Kamala Harris for president. The support of Chris Larsen, co-founder of Ripple, is noteworthy given Ripple's recent legal victory against the U.S. Securities and Exchange Commission (SEC).

Ripple CEO Brad Garlinghouse says Japan is “committed to advancing crypto” after meeting Web3 and AI-focused member of Japan's House of Representatives, Taira Masaaki. The meeting took place at the XRP Community Day on Friday (JST).

Ripple recently celebrated its building on the XRP Ledger, which celebrated a full decade of operations at a key XRP event.

Ripple co-founder Chris Larsen joined 87 other corporate leaders in endorsing Vice President Kamala Harris for the White House, as reported by CNBC on Sept. 6.

Cryptocurrency enthusiasts are buzzing with excitement as a prominent market analyst, EGRAG, shared an optimistic outlook for XRP. According to his recent analysis, XRP could hit its market top by 2025, with a potential price target as high as $27.

Blockchain tracking service Whale Alert, which monitors large cryptocurrency transactions and shared their details with the community on the X platform, has detected several large XRP transfers performed over the last 24 hours.

Ripple has presented a solid bearish signal by breaking below the 200-day moving average of $0.55, highlighting the presence of sellers in the market. However, the price is now battling to breach the 100-day MA at $0.53, and a successful break below this level could trigger a significant decline in the coming days.

The endorsement highlights the increasing political influence of the crypto industry and its potential impact on future US regulations. The post Ripple co-founder backs Kamala Harris alongside 87 other executives appeared first on Crypto Briefing.

Over the last 24 hours, XRP, the seventh largest cryptocurrency by market capitalization, has seen a staggering 1.82 billion tokens traded, amounting to nearly $983 million in trading volume, according to CoinMarketCap data. This trading activity comes amid a period of increased volatility on the crypto market.

Ripple's XRP has been keeping it's investors on the edge with the choppy price action and also it's legal fight with the SEC. Brian Q from Santiment recently appeared on Thinking Crypto Podcast. With Big news surrounding XRP, many investors are curious about its current state, both from a social sentiment standpoint and market activity.

Chris Larsen, co-founder and senior executive at Ripple, has reportedly signed a letter endorsing Kamala Harris as president. The story, first shared by CNBC, claims Larsen and over 80 corporate executives gave the nod for Harris's ambitions in November.

Nearly 90 corporate leaders, including Ripple co-founder Chris Larsen, signed a letter endorsing Kamala Harris for president. The crypto landscape appears to be more divided in terms of political campaigns as the latest voices push support for Kamala Harris.

Ripple's chief executive officer Brad Garlinghouse has taken to his X account to share his impressions of meeting a high-ranking Japanese official this week, as they talked about the adoption of crypto and blockchain technology in Japan.

The so-called “September Effect,” popular in the stock market, is apparently affecting the cryptocurrency market, with an already negative price performance. In this context, Ripple is preparing a larger token dump this month, with 350 million XRP in its treasury account.

Ripple CEO Brad Garlinghouse emphasized the importance of regulatory approval for the company's operations, delaying the US launch of Ripple's stablecoin RUSD. He remains optimistic, highlighting Japan's progressive approach to digital assets.

TL;DR Ripple's Stablecoin Launch: Ripple plans to launch its stablecoin, Ripple-USD (RUSD), in Japan, pending U.S. regulatory approval. Japan's Regulatory Clarity: Japan's clear cryptocurrency regulations make it an ideal market for Ripple's stablecoin initiative. Global Expansion: Ripple aims for broader global expansion, leveraging partnerships and regulatory approvals to offer secure cross-border transactions.

Amid a volatile market, the bears continue to focus on XRP as the supply continues to bleed the market price. Trading below the 200-day EMA, the sell-off gaining momentum creates a FUD tailwind powering the downtrend. Will the XRP price hit the $0.50 mark in a free fall? Let's find out.