The SEC lawsuit against Ripple has created a domino effect for the crypto company as well as the XRP token. SEC is suing Ripple and two of its executives including current CEO Brad Garlinghouse for $1.3 billion in sales in unregistered Security. The court filing by the SEC suggests that it considers XRP security rather than an asset class as claimed by Ripple all along.
Xrp, the sixth-largest cryptocurrency by market cap registered a 20% price rise over the past couple of hours. The price boost has helped the altcoin to break out of month-long slumber and record a new monthly high of $0.7518. The current price boost is believed to be influenced by the latest announcement from Ripple. The
Xrp, the sixth-largest cryptocurrency by market cap registered a 20% price rise over the past couple of hours. The price boost has helped the altcoin to break out of month-long slumber and record a new monthly high of $0.7518. The current price boost is believed to be influenced by the latest announcement from Ripple. The
Ripple, the blockchain firm behind XRP cryptocurrency is expanding its popular on-demand liquidity (ODL) services in the Asia Pacific region with the launch of the first-ever live ODL in Japan, the firm announced today. Japan is Ripple’s biggest market for remittance business and its RippleNet technology is quite popular in the region. The ODL services
Ripple, the blockchain firm behind XRP cryptocurrency is expanding its popular on-demand liquidity (ODL) services in the Asia Pacific region with the launch of the first-ever live ODL in Japan, the firm announced today. Japan is Ripple’s biggest market for remittance business and its RippleNet technology is quite popular in the region. The ODL services
In a recent development of the ongoing SEC vs. Ripple lawsuit, the defense lawyers have submitted a letter to the judge, arguing that the SEC is now rebuking the comments of its commissioners to turn the tables in its favor. The defendants have called SEC’s attempt to re-emphasize and accentuate their end of the argument,
In a recent development of the ongoing SEC vs. Ripple lawsuit, the defense lawyers have submitted a letter to the judge, arguing that the SEC is now rebuking the comments of its commissioners to turn the tables in its favor. The defendants have called SEC’s attempt to re-emphasize and accentuate their end of the argument,
A recent development in the SEC vs. Ripple lawsuit has seen the submission of a plea from Ripple lawyers representing individual defendants, requesting dismissal of the ongoing lawsuit. Ripple CEO Brad Garlinghouse and co-founder Chris Larsen’s lawyers had submitted a letter on Monday, backing their plea for dismissal of the ongoing Securities and Exchange Commission
A recent development in the SEC vs. Ripple lawsuit has seen the submission of a plea from Ripple lawyers representing individual defendants, requesting dismissal of the ongoing lawsuit. Ripple CEO Brad Garlinghouse and co-founder Chris Larsen’s lawyers had submitted a letter on Monday, backing their plea for dismissal of the ongoing Securities and Exchange Commission
The Southern District Court of New York has scheduled a telephonic conference to further the hearing on SEC’s plea against the deposition of former SEC director William Hinman. The hearing is scheduled for 15th July 2021 at 3:00 p.m. The telephonic conference will be made available to the public with dial-in information provided before the
The Southern District Court of New York has scheduled a telephonic conference to further the hearing on SEC’s plea against the deposition of former SEC director William Hinman. The hearing is scheduled for 15th July 2021 at 3:00 p.m. The telephonic conference will be made available to the public with dial-in information provided before the
John E. Deaton, a legal expert and popular in the crypto community as the Founder and Host of CryptoLaw, has recently joined the long line of experts discarding SEC’s ‘Utility’ argument about XRP coin in the lawsuit against Ripple. It began last year during late December when former Securities and Exchange Commission (SEC) Chairman Jay
John E. Deaton, a legal expert and popular in the crypto community as the Founder and Host of CryptoLaw, has recently joined the long line of experts discarding SEC’s ‘Utility’ argument about XRP coin in the lawsuit against Ripple. It began last year during late December when former Securities and Exchange Commission (SEC) Chairman Jay
While Bitcoin Price is stuck at resistance above $35k, Ethereum and XRP price are also following Bitcoin. Here is the summary of daily price analysis and analysis video. Bitcoin Price Analysis: BTC price is stuck in a range for nearly 6 weeks RSI is currently breaking 177 day trend line 50MA has been resistance for
While Bitcoin Price is stuck at resistance above $35k, Ethereum and XRP price are also following Bitcoin. Here is the summary of daily price analysis and analysis video. Bitcoin Price Analysis: BTC price is stuck in a range for nearly 6 weeks RSI is currently breaking 177 day trend line 50MA has been resistance for
Financial Conduct Authority (FCA) has confirmed an increase in the number of cryptocurrency holders in UK, arising from an increase in public interest and media coverage. Based on the findings from its recently conducted research, the FCA discovered a growing involvement of financial services players in the digital currency ecosystem, as well as increased interest
Financial Conduct Authority (FCA) has confirmed an increase in the number of cryptocurrency holders in UK, arising from an increase in public interest and media coverage. Based on the findings from its recently conducted research, the FCA discovered a growing involvement of financial services players in the digital currency ecosystem, as well as increased interest
Ripple filed a memorandum against the SEC motion to strike Ripple’s lack of due process and fair notice affirmative defense in a strongly worded response yesterday. The motion was filed by the SEC in late April and claimed that Ripple’s fair notice defense could lead to unfair supplemental discovery obligations on the agency. Ripple in
Ripple filed a memorandum against the SEC motion to strike Ripple’s lack of due process and fair notice affirmative defense in a strongly worded response yesterday. The motion was filed by the SEC in late April and claimed that Ripple’s fair notice defense could lead to unfair supplemental discovery obligations on the agency. Ripple in
Ripple today appointed former US treasurer Rosie Rios who served as the 43rd treasurer in the Barack Obama administration to its board of directors. The appointment comes right after the fintech firm has hired fintech executive Kristina Campbell as its chief financial officer. The recent slew of appointments seems to be taken in line with
Ripple today appointed former US treasurer Rosie Rios who served as the 43rd treasurer in the Barack Obama administration to its board of directors. The appointment comes right after the fintech firm has hired fintech executive Kristina Campbell as its chief financial officer. The recent slew of appointments seems to be taken in line with
Dogecoin is now the fourth-largest cryptocurrency by market cap replacing XRP for the spot seeing its market cap top $70 billion. The meme currency rallied over 45% to reach a new ATH above $0.60 rising from $0.397 for the day. The meme currency has been on a record spree this month as it recorded its
Dogecoin is now the fourth-largest cryptocurrency by market cap replacing XRP for the spot seeing its market cap top $70 billion. The meme currency rallied over 45% to reach a new ATH above $0.60 rising from $0.397 for the day. The meme currency has been on a record spree this month as it recorded its
Coinbase Inc ($COIN), the cryptocurrency exchange that made its public debut a couple of weeks back is set to acquire crypto data analytic firm Skew. Skew is a popular crypto analytic firm known for offering in-depth market analysis of various crypto assets. Coinbase would integrate the Skew data on its platform for users to have
Coinbase Inc ($COIN), the cryptocurrency exchange that made its public debut a couple of weeks back is set to acquire crypto data analytic firm Skew. Skew is a popular crypto analytic firm known for offering in-depth market analysis of various crypto assets. Coinbase would integrate the Skew data on its platform for users to have
The ongoing cryptocurrency market flash crash has shed off as much as $4.5 billion from the global crypto market capitalization in a week. The current dip was spiked by many factors which started with the Xinjiang blackout last week, an occurrence that affected mining activities, plunging the Bitcoin hash rate by over 40%. Just before
The ongoing cryptocurrency market flash crash has shed off as much as $4.5 billion from the global crypto market capitalization in a week. The current dip was spiked by many factors which started with the Xinjiang blackout last week, an occurrence that affected mining activities, plunging the Bitcoin hash rate by over 40%. Just before
Cryptocurrency industry veteran, Mike Novogratz has weighed in on the ongoing bearish market trend, noting amongst many things, the incomprehensible basis for some of the altcoins that were pumped in the past days. Novogratz, the founder and Chief Executive Officer of Galaxy Digital, a crypto asset management firm, specifically highlighted the bullish performance of Bitcoin
Cryptocurrency industry veteran, Mike Novogratz has weighed in on the ongoing bearish market trend, noting amongst many things, the incomprehensible basis for some of the altcoins that were pumped in the past days. Novogratz, the founder and Chief Executive Officer of Galaxy Digital, a crypto asset management firm, specifically highlighted the bullish performance of Bitcoin
Mobilecoin (MOB), a fairly unknown token has risen from $7 to a new ATH of $68 right after Signal encrypted chat services announced they would begin mobile payment services using $MOB on April 4. The signal gained a lot of traction in the past couple of months owing to their privacy features and a shout-out
Mobilecoin (MOB), a fairly unknown token has risen from $7 to a new ATH of $68 right after Signal encrypted chat services announced they would begin mobile payment services using $MOB on April 4. The signal gained a lot of traction in the past couple of months owing to their privacy features and a shout-out
XRP price prints another 2021 high (35% gain today) XRP Price is facing massive trend channel resistance If $1.50 resistance breaks, XRP can reach $2 range. XRP Market Update: XRP Price Breaks Key Resistance at $1.10 Ripple’s native token XRP has went through another wild ride surging almost 40% today. Price was let free after
XRP price prints another 2021 high (35% gain today) XRP Price is facing massive trend channel resistance If $1.50 resistance breaks, XRP can reach $2 range. XRP Market Update: XRP Price Breaks Key Resistance at $1.10 Ripple’s native token XRP has went through another wild ride surging almost 40% today. Price was let free after
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