XRP

Chainlink (LINK) price has rebounded by over 240% from its yearly low of around $4.70 in June 2023. It may rise further still in the coming days and weeks, according to a slew of on-chain and technical indicators, as discussed below. LINK price nears ascending triangle breakout LINK’s price has been consolidating inside what appears

Wallets linked to defunct crypto trading firms FTX and Alameda Research moved $10.8 million to accounts in Binance, Coinbase and Wintermute using eight cryptocurrencies. Blockchain analysis firm Spot On Chain found $10.8 million worth of cryptocurrencies being moved from FTX and Alameda Research accounts to various crypto exchanges. The firm estimated that the defunct entities

IOTA, an open-source distributed ledger and cryptocurrency focused on the Internet of Things (IOT), saw its native IOTA token rally 43% on Nov. 29 after announcing the creation of the Iota Ecosystem DLT Foundation and its registration in Abu Dhabi, the capital of the United Arab Emirates. This makes IOTA the first DLT foundation to

The Ripple battle with the United States Securities and Exchange Commission (SEC) over the security status of the XRP token is yet to come to an end even after multiple partial victories. In an effort to end the three-year-long battle, the court has ordered that both parties consider a settlement and work out the terms

Amid the downturn in the global financial technology market, the rumored Ripple Initial Public Offering (IPO), a highly anticipated event, could be affected by a potential delay. Ripple IPO Might Be Delayed In The Thick Of Fintech Downturn Director of FinTech Investment Banking at Rosenblatt Securities Dushyant Shahrawat has recently suggested a potential delay in

Ripple CEO Brad Garlinghouse expressed his astonishment in response to former Securities and Exchange Commission (SEC) Chair Jay Clayton’s recent statements. The moment was captured in a video shared by prominent XRP influencer Crypto Eri, featuring Clayton’s live stream on November 21, 2023, for an interview with the Council on Foreign Relations, an American think

Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand from the DAO. Bankless co-founders David Hoffman and Ryan Sean Adams plan to submit a governance proposal to BanklessDAO to separate the two entities. The co-founders took to X (formerly

Our weekly roundup of news from East Asia curates the industry’s most important developments. HTX exchange hacked… again  In the fourth hack affecting the HTX (formerly Huobi Global) ecosystem in just two months, the exchange lost $13.6 million via a hot wallet hack that occurred on November 22.  In its November 23 announcement, the exchange promised to

Amid the ongoing legal battle between Ripple and the SEC, the US regulator has recently announced an upcoming closed-door meeting with the crypto firm, which is expected to take place at the end of the month. SEC Upcoming Closed Door Meeting With Ripple The United States Securities and Exchange Commission’s (SEC) announcement started off with

In a recent conversation on X, David “JoelKatz” Schwartz, the Chief Technology Officer of Ripple, delved into the intricate dynamics between XRP and the company’s decision to move away from a traditional Initial Public Offering (IPO). This discussion offers a deep dive into the strategic choices and financial nuances. Ripple Is Like Amazon Schwartz, who

A pro-XRP lawyer has disclosed the final dates of the Ripple and SEC case, sharing insights into the upcoming dates and what could transpire during the hearing.  Ripple And SEC Case Final Dates Disclosed Pro-XRP lawyer, John E. Deaton has revealed the dates of the final case between Ripple, the technology company behind XRP, and

Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several “less liquid markets,” affecting tokens such as Eos (EOS), 0x Protocol (ZRX), Aave

The XRP community has been irate after an American journalist made untoward statements about the Ripple and US SEC lawsuit. The journalist has stated that XRP did not emerge victorious in its case, expressing criticism towards Judge Torres’s ruling in the SEC lawsuit.  Ripple Partial Legal Victory Criticized American Journalist and senior correspondent for Fox

Ripple‘s top lawyer and chief legal officer (CLO) Stuart Alderoty has recently criticized the United States Securities and Exchange Commission’s (SEC) chairman Gary Gensler, due to his resistant nature while comparing him to a fictional character from a 1990 classic. Ripple’s Top Lawyer Criticism Of Gary Gensler On Thursday, November 16, Attorney Stuart Alderoty took

On Nov. 15, several altcoins continued to show strength alongside Bitcoin (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains, with each chasing after new year-to-date highs.  The sustained bullish price action from altcoins has led some analysts to declare

The XRP court case may be seeing an end soon as Judge Torres has officially scheduled dates for remedies discovery and briefing between Ripple Labs and the US SEC.  Ripple Lawsuit Enters Remedies Discovery Phase United States District Judge Analisa Torres has set dates for remedies discovery and briefing in the lawsuit between the United

RocketFuel Inc., a global entity known for its comprehensive range of payment solutions including ACH bank transfers, Bitcoin, and other cryptocurrencies, has entered into a strategic partnership with Ripple. This alliance is set to enhance RocketFuel’s existing payment architecture by incorporating Ripple Payments to meet the increasing demand for improved FIAT payment processes for merchants

Native asset settlement protocol THORChain has recorded the third-largest trading volume among non-centralized exchanges in the last week with users seemingly attracted to the high yield offered adjacent to its native token Rune (RUNE). Over the last week, THORChain’s trading volume hit $1.32 billion third only behind Uniswap and PancakeSwap at $10.85 billion and $2.77

The Ripple Swell conference in Dubai concluded without the much-anticipated announcement of an Initial Public Offering (IPO) by Ripple, leading to a surge in speculation about the fintech company’s future plans. Crypto influencer Eri weighed in on the discussion, urging caution and a nuanced approach. Ripple IPO Not So Soon? Eri emphasized the importance of

The US Securities and Exchange Commission (SEC) and Ripple, on November 9, filed their joint briefing schedule for remedies discovery and briefing, which could signify that both parties are close to settling.  Ripple Vs SEC: Highlights From The Letter Sent To The Court In the letter addressed to Judge Analisa Torres, the SEC, on behalf