XRP

Five years after Bill Hinman delivered his speech on cryptocurrencies, Chief Legal Officer (CLO) at Ripple, Stuart Alderoty, has called for an investigation into the former Securities and Exchange Commission (SEC) official’s actions.  The call comes after the SEC’s lawsuit against Ripple and the subsequent release of public emails and drafts of Hinman’s speech, which

Buying a small-town soccer club with the aim to propel it into the Premier League — the world’s most popular football league — is a script suitable for a Netflix series. In fact, actor Ryan Reynold’s bid to revitalize lower-league Welsh soccer team Wrexham FC has already caught the attention of Disney+ writers.  It’s a

In a new tweet, Ripple CEO Brad Garlinghouse claims that the highly anticipated “Hinman documents” were “well worth the wait,” hinting at their potential significance in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). With the documents expected to be unsealed this week, here is a recap of what

Cardano (ADA) bounced modestly after losing nearly 30% of its valuation in the previous week, its worst seven-day performance since May 2021, when the Terra collapse sparked a cryotocurrency market crash. Nonetheless, ADA looks ready to undergo a sharp recovery in the coming months, based on technical analysis. ADA price up 30% from six-month lows

Top Stories This Week U.S. SEC sues Binance and Coinbase amidst crypto crackdown Binance and Coinbase have been targeted in a new round of lawsuits by the U.S. Securities and Exchange Commission (SEC) against crypto businesses. The regulator pressed 13 charges against Binance on June 5, including those involving unregistered offerings and sales of tokens,

Alibaba NFTs… censored? On June 8, AliExpress, the online retail subsidiary of Chinese tech conglomerate Alibaba, announced that it had joined forces with Web3 developer The Moment3! to create a series of NFTs based on shopping themes. The upcoming collection will feature 5,555 NFTs and is scheduled to debut on June 25, 2023. Less than

Author of Undressing Bitcoin: A Revealing Guide to the World’s Most Revolutionary Asset and host of The Layah Heilpern Show. Author, podcaster and crypto influencer Layah Heilpern’s unapologetic and sometimes controversial tweets have amassed her an impressive 606,900 Twitter followers. She tells Hall of Flame she fearlessly “speaks the truth about things” and admires others

The founder of CryptoLaw, Pro-XRP lawyer John Deaton, has weighed in on the controversial Hinman speech document. Deaton has argued against the SEC’s claims that the emails and speech drafts represented Hinman’s personal opinion. In a May 24 tweet, the attorney said the 63 emails and 52 speech drafts are too much to be tagged “personal

In a recent Federal Reserve Bank Atlanta Policy Hub captioned “An Introduction to Web3 with Implications for Financial Services,” XRP was mentioned as an “international payment medium.” The report reiterates the relevance of Ripple’s business model as it uses XRPL to meet cross-border settlement needs at a low cost. XRP Facilitates Cross-Border Settlements The XRP

The legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) has been heating up recently as both sides await a critical court ruling. Ripple CEO Brad Garlinghouse recently made a bold statement, stating that he expects a decision from the court “in weeks, not months.” However, another prominent figure, pro-XRP lawyer Jeremy

The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500 rose 1.8% during the week while the tech-heavy Nasdaq was up 2%. This was the sixth successive week of gains for the Nasdaq, the first such occasion since January 2020.

Prominent pro-XRP attorney John Deaton and Ripple CTO, David Schwartz, have disclosed that unsealing William Hinman’s emails is inevitable, even if the SEC settles with Ripple. The revelation came during a discussion initiated by a known figure within the XRP community and a crypto detective Mr. Huber. Deaton and Schwartz both echoed the opinion that

Jeremy Hogan, a pro-XRP lawyer, has discussed the issue of secondary market sales and its potential impact on the Ripple vs. the US Securities and Exchange Commission (SEC) lawsuit.  The outcome of this case is crucial for XRP holders, as it will determine whether the asset is deemed inherently a security. If the issue of

XRP has resumed its bullish trend after Ripple locked 900 million tokens in escrow. This new development has triggered a rapid shift in the momentum of the cryptocurrency, which is now one of the best performers in the last week. Ripple Moves 900 Million Tokens Back To Escrow On June 1, Ripple carried out one

Attorney John Deaton, known for his pro-XRP stance, has disclosed that the SEC’s Ethics Office did not approve William Hinman’s controversial speech. The former director of SEC’s Corporation Finance, Hinman, made remarks in 2018 classifying Bitcoin and Ethereum as non-securities but failing to mention XRP. Deaton recently shared a document that shed light on the

Pro-XRP lawyer John E. Deaton has been active in the long-running SEC lawsuit against blockchain firm Ripple and the US-based lawyer represents thousands of token holders as Amicus Curiae in the lawsuit. Given this, Deaton has repeatedly blasted the SEC for taking an unclearly broad position in its claim against Ripple. In light of his

Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emissions reductions promises and showcase evidence they are taking steps to meet them. With Bitcoin mining blamed for using as much power as an entire country, and politicians searching for easy targets to strike, the industry appears

The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether (USDT) has climbed back to its all-time high, data from CoinGecko shows. In the past 12 months, Circle’s USD Coin (USDC) has seen its market share

Six individuals seeking to overturn the United States Treasury’s decision to sanction crypto mixer Tornado Cash have just relayed four key arguments in support of their motion. In a May 24 filing in support of a prior motion for partial summary judgment, the individuals argue that the “case is not about carving out special rules for

Inexperienced traders usually chase prices higher during the end of the bull phase as they fear missing out on the rally. However, institutional investors tend to wait for the froth to settle before entering. Bitcoin’s (BTC) bear market in 2022 ended the hype that was seen in 2021. Fred Pye, CEO of 3iQ, Canada’s first