The new administration is said to be more crypto friendly than the outgoing Trump government. And now, even crypto players are joining in. Treasury to Ripple to Comptroller Former Ripple advisor and US Treasury official Micheal Barr is tipped to become the next US Comptroller of the Currency, a report on the Wall Street Journal…
Team Ripple lets us know what to expect from cryptocurrency and blockchain technology going into 2021. The latest post from the San Francisco-based fintech giant covers multiple topics, including the ever blurring lines between crypto and banking, as well as expected changes in the DeFi market structure. But perhaps most pressing, in light of the…
The Ripple co-founder allegedly pocketed hundreds of millions from illegal XRP sales, among other allegations. Garlinghouse speaks up Ripple co-founder Brad Garlinghouse took to Twitter this morning to explain his side of the story amidst the ongoing US SEC lawsuit against the payments processing firm and issuer of XRP tokens. To recap, Ripple was hit…
XRP price drops 37% as Coinbase announces it will suspend trading on January 19 On Monday, December 28, Coinbase’s Chief Legal Officer, Paul Grewel, announced via a Medium post that Coinbase will suspend XRP trading on January 19, 2021, pending the SEC lawsuit against Ripple Labs. 1 read →
The CEO of IOHK said XRP remains clean—as of today in its current form—from the SEC despite troubles mounting for Ripple, its issuing company. XRP’s controversial past In an ask-me-anything session on YouTube last week, Cardano founder Charles Hoskinson spoke about ADA, upcoming Cardano developments, and about the ruckus surrounding the alleged unlicensed securities sale…
The XRP price increased by 35% within 45 minutes subsequent to a large correction after Coinbase suspended XRP trading. The main catalyst behind the sudden spike in the XRP price seems to be a short squeeze. According to data from Bybt.com, $96 million worth of XRP futures contracts were liquidated in the last 12 hours….
On Monday, Dec. 28, Coinbase’s Chief Legal Officer, Paul Grewel, announced via a Medium post that Coinbase will suspend XRP trading on January 19, 2021, pending the SEC lawsuit against Ripple Labs. In the post, Grewel noted: “The trading suspension will not affect customers’ access to XRP wallets which will remain available for deposit and withdraw…
The crypto industry is finally going mainstream on Wall Street. First and foremost, crypto began to curry favor with top banks and financial service companies this year such as Visa, PayPal, JPMorgan, and many others. Secondly, institutional investors have begun to allocate serious capital and attention to Bitcoin and other digital assets, citing the asset…
The XRP price has declined by 24% in the past hour on Binance after Bitstamp released its statement. The XRP 1-hour price chart. Source: XRPUSD on TradingView In light of the U.S. Securities and Exchange Commission (SEC)’s complaint against Ripple, Bitstamp said it is halting XRP trading for U.S. customers. The exchange wrote: “In light…
The punches keep on coming for Ripple, days after the SEC launched a defining lawsuit against the company and its founders for having sold “unlicensed” securities in the US, MoneyGram distances from Ripple International payments processor MoneyGram distanced itself from Ripple yesterday as various charges were levied against the company and its founders. In a…