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Whales transfer over 52M XRP to exchanges amid price recovery

20.6.2024
XRP is showing signs of price recovery by hovering within a defined range. This is a good signal, as the token aims for a higher milestone and the XRP lawsuit nears its settlement. In this scenario, two transactions stand out. Their collective transfer to centralized exchanges amounts to more than...

BTC, SHIB, and XRP see fluctuating movements on the price chart

19.6.2024
Bitcoin is down to a crucial level. Shiba Inu is still on the verge of recovery. XRP is expected to gain momentum as time passes. The crypto market, in a macro sense, is affected by several factors. This includes economic conditions, Federal Reserve decisions, regulatory compliance, recognition...

Ripple’s legal woes and SEC appeals dim XRP’s outlook

19.6.2024
XRP, one of the widely-used cryptocurrencies, plummeted by 2.65 percent on Tuesday, June 18th. This decline partially mitigated the previous day’s increase when it had climbed by 3.19 percent and traded at $0.4914 at the close. Despite this, XRP’s value has been swinging as legal advancements...

Scam alert: Fake Ripple USD tokens emerge ahead of official release

19.6.2024
Scamsters are busy scouring ways to take advantage of Ripple’s stablecoin release by issuing an imitation version of the Ripple USD (RLUSD) token on the XRP Ledger.   The yet-to-be-introduced RLUSD token will be shouldering its way forward through the big timers like Tether and Circle, falling...

The US SEC opposes Ripple’s initiatives to lower its fines

18.6.2024
“Ripple is agreeing to nothing”, the Securities and Exchange Commission indicated in its response to Ripple’s request for lower fines. The company has been constantly engaging in legal battles with the Securities and Exchange Commission since 2022. The Securities and Exchange Commission refuted...

Buyer demand rises for XRP amid hopes for SEC vs Ripple settlement

18.6.2024
The value of XRP has gone up by 2.31% in the last 24 hours. This is largely credited to the hopes that the community members have. They stem from the speculation that the US Securities & Exchange Commission and Ripple may soon settle. While Ripple will have to shed a few bucks, the numbers...

SEC rejects Ripple Labs plea to lower fines, insists on nearly $2B penalty

17.6.2024
The San Francisco based Ripple Labs Inc. is currently engaged in a legal battle with the SEC over the latter’s request for a $2 billion penalty. They are advocating for a decrease, claiming that Terraform Labs’ recent $4.5 billion settlement is a point of reference. Ripple’s lawyers also say that...

Rumors of SEC settlement behind highs and lows of XRP

17.6.2024
Rumors doing the rounds regarding a possible settlement by the SEC is creating the oscillation of XRP price reaching $0.5049, to go south almost immediately. Previously too, the price lowered by 0.27%, from the figure of 3.50%, finally standing at $0.4892, following a further decline by 1.77%. ...

Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate

17.6.2024
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized...

SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case

16.6.2024
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the...

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