Enterprise blockchain company Ripple has obtained a key license from Dubai's financial regulatory agency, according to a Thursday press release.
Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone with its own tax policies and regulatory framework. The announcement came almost six months after the company announced its receipt of an in-principle approval of the DFSA license.
XRP price started a fresh recovery wave above the $2.00 zone. The price is now showing positive signs and might clear the $2.250 resistance zone.
On-chain data shows the XRP Market Value to Realized Value (MVRV) Ratio has just gone through a crossover that may not be positive for the asset's price. XRP MVRV Ratio Has Dropped Under Its 200-Day MA As pointed out by analyst Ali Martinez in a new post on X, the MVRV Ratio's latest crossover may signal a macro trend shift for XRP.
The U.S. Securities and Exchange Commission (SEC) is reportedly finalizing its case against Ripple, according to Crypto In America host Eleanor Terrett. This news has driven XRPs price up by 3.5%, based on CoinGecko data.
XRP rallies as SEC vs. Ripple appeal talks heat up.
Ripple's high-stakes legal battle with the SEC may soon end, as negotiations reportedly center on vacating a key ruling that imposed a $125 million fine. SEC vs. Ripple Nears Settlement? Report Suggests a Resolution Is Closer Than Ever The U.S.
After weeks of dictating its market direction, XRP is still stuck in a downward channel. Both the channel's upper and lower boundaries has been moving steadily downward.
XRP price is currently facing a steep decline, and analysts are warning investors about the potential for further losses. Recently, a bearish pattern has formed, leaving many wondering if XRP's price could drop even further.
Bitcoin and Ethereum struggle to maintain gains, while XRP rallies on optimism over the SEC potentially closing its case against Ripple. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,997.45 -0.13% Ethereum (CRYPTO: ETH) $1,876.24 -3.7% Solana (CRYPTO: SOL) $124.56 -2.1% XRP (CRYPTO: XRP) $2.23 +2.5% Dogecoin (CRYPTO: DOGE) $0.1689 +1.3% Shiba Inu (CRYPTO: SHIB) $0.00001229 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.2% and daily active addresses falling by 3.4%.
Back in 2017, one investor's bold bet on XRP turned into millions seemingly overnight. Riding the tidal wave of Ripple's explosive growth, this seasoned crypto pioneer became a poster child for the potential of well-timed investments in digital assets.
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On today's episode of CNBC Crypto World, bitcoin inches higher after better-than-expected inflation data. Plus, the House votes to rollback an IRS rule requiring DeFi brokers to send tax documents to customers.
After more than three years of legal battles, the XRP global community is highly anticipating the imminent closer of the U.S. SEC vs Ripple Labs case under Donald Trump's administration.
The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.
The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States. The filing, submitted on March 12, marks another push for expanding crypto investment vehicles beyond Bitcoin and Ethereum.
According to several sources, the SEC is preparing to drop its case against Ripple. Previously, there was speculation that the Commission caused the delays, but it may be a negotiating tactic from Ripple.
The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years.According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC's case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, respectively, over a $125-million court judgment in August 2024. The civil case against the blockchain firm filed in December 2020 alleged Ripple and certain executives used XRP (XRP) as an unregistered security to raise funds.
Ripple's legal fight with the SEC is close to ending, but it's not going quietly. The $125 million fine and permanent ban on institutional XRP sales are still on the table, and Ripple is pushing back.
The US Securities and Exchange Commission (SEC) is reportedly preparing to conclude its long-running lawsuit against Ripple, the issuer of XRP. Following the rumors, the XRP price climbed roughly 5% from $2.14 to $2.24 within an hour.
The U.S. Securities and Exchange Commission (SEC) is reportedly in the process of officially ending its lawsuit against payments firm Ripple.
Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump's policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.
Ripple CTO David Schwartz recently addressed an important question about Ripple's RLUSD stablecoin. His response clarified why RLUSD can be frozen or clawed back, a topic that emerged following legal expert Jeremy Hogan's discussion on a proposed stablecoin bill.
The SEC delayed taking the next steps on several filings this week, but experts say this is 'no surprise' until the new chair is in place.
The protracted legal battle between blockchain payments firm Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) is reportedly approaching a resolution. Reports indicate that negotiations have intensified, with both sides working to settle the case that has dragged on since December 2020.
TL;DR The lawsuit between the SEC and Ripple is nearing resolution, with ongoing negotiations over the terms of an August ruling. Ripple seeks more favorable conditions in the ruling, arguing that if the SEC offers a “fresh start” to other crypto companies, the same treatment should be applied to the firm.
Crypto analyst Egrag Crypto has revealed when the XRP price will hit double and triple digits. This provides a bullish outlook for XRP especially amid the recent market crash and its brief drop below the psychological $2 price level.
The U.S. Securities and Exchange Commission is on the verge of ending its long-running case against Ripple, according to sources close to the development. On Mar. 12, former FOX Business journalist Eleanor Terrett said the SEC vs.
The XRP market has recently encountered headwinds, with prices falling below the $2.25 mark, prompting uncertainty among investors. While many traders speculate about the coin's short-term trajectory, beneath this volatility lies an expanding XRP ecosystem marked by continuous innovation and a growing appetite for decentralized finance (DeFi) projects.
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XRP has surged nearly 2% in a day, aligning with the broader market recovery. This rebound follows the completion of a correction phase, with technical indicators suggesting a potential bullish breakout.
A significant regulatory milestone may be on the horizon for XRP and the wider crypto market in the US as reports suggest that the legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) is nearing its conclusion.
The lawsuit's resolution could redefine regulatory clarity and enforcement approaches in the cryptocurrency industry, impacting future cases. The post SEC vs.
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
Despite much bullish speculation, the legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs remains, at press time, much like the Korean War: a frozen conflict.
According to a recent report by Fox Business, the U.S. Securities and Exchange Commission (SEC) is currently wrapping up the Ripple case.
The crypto market recovered some of its losses Wednesday following a lower-than-expected US Consumer Price Index (CPI) report. Bitcoin surged above $84,000, while XRP crossed the $2.25 mark, gaining 6% in the last 24 hours.
Popular cryptocurrency XRP may be running out of steam against its major counterpart, Bitcoin (BTC). As became known thanks to Bollinger Bands, an interesting thing happened - XRP recently hit a middle band at 0.00002685 BTC and, unfortunately for its supporters, did not make it above.
An analyst is expressing apprehension regarding the price movement of XRP, cautioning that the cryptocurrency may be on the brink of a significant decline. A bearish price pattern is forming on the charts, which, if confirmed, could result in a significant selloff.
XRP (CRYPTO: XRP) is up on Wedneday amid growing institutional interest. What Happened: Cryptocurrency options exchange Deribit noted the positive impact of ETF filings on the price of XRP, despite the looming threat of tariffs.
Ripple price remains in a bear market after falling by over 35% from its highest level in January. Ripple (XRP) rose for the second consecutive day as cryptocurrencies rebounded after the encouraging inflation data.
Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has officially filed a registration statement with the U.S. Securities and Exchange Commission for a spot XRP exchange-traded fund (ETF).
XRP looked like it was headed straight for trouble as the infamous head and shoulders pattern had formed - a classic signal of an incoming price collapse. A break below the neckline at $2 could have meant a fall, possibly down to $1.50.
The crypto market roared to life following the latest U.S. CPI report, which showed inflation easing slightly in February. Bitcoin surged to $84,000, Solana jumped past $127, and XRP spiked above $2.20, as traders piled into risk assets following the data release.
In a recent X conversation, Ripple CTO David Schwartz shed light on a key feature of Ripple stablecoin, RLUSD.
Despite growing speculations, the prolonged XRP lawsuit remains unresolved. The community is divided on the likelihood of an early settlement of the case.
Rispoli maintained that the end of the legal battle might occur before Ripple's filing deadline, which is scheduled for mid-April.