Five Things to Know in Crypto This Week: SEC vs. Ripple, US Jobs, and Yen Carry Trades
The crypto market cap was up 3.65% for the current week, with easing fears of a US recession driving buyer demand for riskier assets, including crypto.
Keep up with what's happening in the crypto world in real-time.
The crypto market cap was up 3.65% for the current week, with easing fears of a US recession driving buyer demand for riskier assets, including crypto.
Stuart Alderoty, Ripple's Chief Legal Officer (CLO), has issued a strong call for action from Vice President Kamala Harris. He urged the VP to end what he describes as the U.S. Securities and Exchange Commission's (SEC) “misguided war on crypto.
Ripple rolls out RLUSD stablecoin after crushing SEC in court.
Ripple is now testing its new stablecoin on both Ethereum and the XRP Ledger. Discover what this means for the future of digital currencies and Ripple's latest innovations.
As Ripple pays $125M fine, uncertainty looms with potential SEC appeal threatening XRP's outlook and the broader crypto market forecast.
The legal clash between Ripple Labs and the SEC, which began in December 2020, has come to a close. The court has ruled that Ripple violated securities laws with some of its XRP sales to institutional investors, but most of the company's XRP sales were not deemed unregistered securities offerings.
The U.S. Securities and Exchange Commission (SEC) has announced it will not appeal the recent court ruling in the Ripple XRP case. The decision, which followed Judge Torres' order on August 7, 2023, marks a significant moment in the ongoing legal struggle between the SEC and Ripple.
Crypto prices today: Bitcoin's (BTC) price encountered significant market volatility, resting at the $60K price mark. Ethereum (ETH), Solana (SOL), and XRP prices followed the broader market trend, trading in the red territory.
Ripple Begins Testing RLUSD In the latest development, Ripple has announced that it has begun beta testing Ripple USD (RLUSD) on the XRP Ledger (XRPL) and Ethereum mainnet.
Ripple, the financial technology firm behind the XRP cryptocurrency, has initiated testing of its much-anticipated stablecoin, Ripple USD (RLUSD).
Ripple's XRP has made significant gains recently, surpassing the $0.60 mark. The cryptocurrency surged by 18% in the last 24 hours, reaching a high of $0.64.
Ripple (XRP) begins beta testing its stablecoin, Ripple USD (RLUSD), on the XRP Ledger and Ethereum mainnet, a significant step in digital finance.
Regaining the $0.60 price level, XRP has mounted a significant comeback. With the recent market volatility, this move has successfully returned the cryptocurrency to its pre-crash values, which is an unexpected recovery.
XRP has experienced a notable 10% surge in value over the past 24 hours. This sudden boost comes on the heels of Ripple's recent collaboration with the Dubai International Financial Centre (DIFC) Innovation Hub, a move that could potentially reshape the landscape for Ripple and its cryptocurrency, XRP.
Following the launch of Spot Bitcoin ETFs, Bitcoin (BTC) experienced a dramatic price surge to new all time highs. This begs the question of whether the potential launch of an XRP ETF could drive the price of the cryptocurrency to a $20 all time high.
San Francisco-based cross-border payments company Ripple announced on Friday that it had begun testing its USD-backed stablecoin on its native blockchain, XRP Ledger, and the second largest crypto network, Ethereum (ETH).
Could XRP be poised to reach new heights following its recent legal victory against the U.S. Securities and Exchange Commission (SEC)?
Ripple Labs has achieved a significant victory in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). A recent court ruling has dramatically reduced the fines imposed on Ripple for selling XRP tokens, leading to a substantial surge in XRP's price.
Ripple has initiated beta testing of its USD-backed stablecoin, Ripple USD (RLUSD), on the XRP Ledger (XRPL) and Ethereum mainnet. According to the announcement, Ripple wants to bring “high-quality assets to the XRPL,” enhancing liquidity and institutional use cases.
On Wednesday, Judge Analisa Torres ruled that Ripple Labs would face a $125 million fine for civil penalties and prohibited the company from future breaches of securities regulations. This marked the end of prolonged battle between the SEC and Ripple, skyrocketing the XRP price toward new monthly highs.
San Francisco-based company Ripple has issued a warning about the proliferation of XRP-related scams following a recent court ruling.
Following the Ripple case ruling, the cryptocurrency world now watches closely, pondering whether an SEC appeal might be imminent.
The company moves forward with its Ripple USD (RLUSD) coin, but will still need regulatory approval for a full launch.
Ripple was recently pulled back to $0.48 from $0.60, a 20% fall. This fall below $0.50 is not good. People panic if Bitcoin is to drop below $50,000. At the same time, 5thScape is changing the entertainment industry with the help of VR on the Ethereum blockchain.
