Ripple boss says SEC lawsuit will likely conclude next year

Ripple CEO Brad Garlinghouse said the ongoing SEC lawsuit would likely conclude by next year. It’s fast approaching a year since the U.S securities regulator first filed a notice accusing Ripple of selling $1.3 billion of unregistered securities. The backlash that followed has exposed the SEC on a number of fronts, including allegations of favoritism…

Ripple releases its crypto regulatory framework draft, recommends bigger CFTC role 

Ripple (XRP) recently released its framework for approaching cryptocurrency regulation in the US, outlining several recommendations for Washington policymakers. In a bid to limit the US Securities and Exchange Commission’s (SEC) ‘tyranny,’ the blockchain company proposed a bigger role for Commodity Futures Trading Commission (CFTC) and public-private collaboration. Ripple is tied in a lawsuit filed…

Is Ripple annoyed over the SEC’s decision to approve a Bitcoin ETF?

The U.S Securities and Exchange Commission (SEC) made history last week by greenlighting a Bitcoin Futures ETF from ProShares. Speaking on Fox Business, Ripple CEO Brad Garlinghouse said the decision could be good for XRP, as it demonstrates that at least one cryptocurrency has clarity and certainty. But post-interview, sharing his thoughts on the matter,…

Ripple announces $44 million fund for solar energy projects in the US

Ripple recently entered a strategic ESG investment partnership with Lincoln-based financial services company Nelnet, through a $44 million joint clean energy fund for solar energy projects in the US, according to the official press release.  In a bid to reduce the industry’s carbon footprint, the joint investment will fund clean energy projects throughout the country…

Meet Mr. Goxx: The crypto trading hamster who ‘hodls’ Tron, XRP, and Cardano

Trading crypto can be a dicey affair at the best of times. But when a hamster surpasses your performance, perhaps it’s time to reassess your trading strategy and execution. Enter Mr. Goxx, the world’s first crypto trading hamster, whose recent trading calls have returned more than the S&P500. That’s right, Mr. Goxx, via his custom…

Ripple (XRP) has no plans to settle SEC lawsuit. It’s prepared to go to trial

Ripple plans to take the ongoing Securities and Exchange Commission (SEC) lawsuit all the way to trial, saying it does not intend to settle with the regulator. Speaking to Fox Business, Ripple’s defense team says they are confident in their position. They add that standing up to the SEC in a trial setting is necessary…

Solana, XRP, Cardano lead losses as 91% of all crypto ‘longs’ liquidated

Crypto traders were in for a tough Monday morning as they woke up to double-digit percentage losses across the market. Large-cap altcoins like Solana, XRP, and Cardano shedded millions of dollars from their respective market caps, while Bitcoin and Ethereum lost 6% and 7% at press time respectively. As per data from CryptoSlate, Solana traded…