Binance Square
Ripple-XRP
213,842 views
68 Posts
Hot
Latest
LIVE
Crypto Bisons
--
Bullish
๐Ÿ“ ๐—ฅ๐—ถ๐—ฝ๐—ฝ๐—น๐—ฒ ๐—–๐—˜๐—ข ๐—•๐—ฟ๐—ฎ๐—ฑ ๐—š๐—ฎ๐—ฟ๐—น๐—ถ๐—ป๐—ด๐—ต๐—ผ๐˜‚๐˜€๐—ฒ ๐—ถ๐˜€ ๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐˜† ๐˜๐—ผ ๐˜๐—ฎ๐—ธ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ซ๐—ฅ๐—ฃ ๐—น๐—ฒ๐—ด๐—ฎ๐—น ๐—ฏ๐—ฎ๐˜๐˜๐—น๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฆ๐˜‚๐—ฝ๐—ฟ๐—ฒ๐—บ๐—ฒ ๐—–๐—ผ๐˜‚๐—ฟ๐˜.โ€ผ๏ธ ๐Ÿš€ Ripple CEO Brad Garlinghouse is gearing up for a groundbreaking legal showdown, declaring his commitment to take the SEC's XRP lawsuit all the way to the Supreme Court. ๐Ÿ’ผ This bold move could reshape the future of crypto regulation in the U.S. ๐Ÿค Despite facing a daunting Supreme Court battle, Garlinghouse exudes confidence in Ripple's legal defense. The SEC's withdrawn settlement offer "with prejudice" is seen as a victory, suggesting a lack of confidence from the regulator. ๐Ÿ›๏ธ ๐Ÿ’ก Ripple's confidence is bolstered by the discovery of "Hinman emails," raising questions about the SEC's inconsistent standards on crypto regulation. ๐Ÿ“ง This could be a game-changer for XRP's legal standing. ๐ŸŒ Garlinghouse calls for SEC accountability and a clear regulatory framework, criticizing the lack of guidance hindering U.S. crypto industry growth. ๐Ÿ‡บ๐Ÿ‡ธ In contrast, he applauds countries with well-defined regulations like Japan, Switzerland, Singapore, the UK, and Australia. ๐Ÿ” Ripple's battle against the SEC could redefine crypto regulation in the U.S. A favorable ruling may set a precedent making it harder for the SEC to classify other digital assets as securities, fostering innovation and investment in the American crypto industry. ๐Ÿ’ก ๐Ÿ’ช Garlinghouse's determination to reach the Supreme Court underscores Ripple's commitment to protecting user interests and driving growth in the broader crypto community. ๐Ÿš€ $XRP #RippleVsSEC #Ripple-XRP
๐Ÿ“ ๐—ฅ๐—ถ๐—ฝ๐—ฝ๐—น๐—ฒ ๐—–๐—˜๐—ข ๐—•๐—ฟ๐—ฎ๐—ฑ ๐—š๐—ฎ๐—ฟ๐—น๐—ถ๐—ป๐—ด๐—ต๐—ผ๐˜‚๐˜€๐—ฒ ๐—ถ๐˜€ ๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐˜† ๐˜๐—ผ ๐˜๐—ฎ๐—ธ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ซ๐—ฅ๐—ฃ ๐—น๐—ฒ๐—ด๐—ฎ๐—น ๐—ฏ๐—ฎ๐˜๐˜๐—น๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฆ๐˜‚๐—ฝ๐—ฟ๐—ฒ๐—บ๐—ฒ ๐—–๐—ผ๐˜‚๐—ฟ๐˜.โ€ผ๏ธ

๐Ÿš€ Ripple CEO Brad Garlinghouse is gearing up for a groundbreaking legal showdown, declaring his commitment to take the SEC's XRP lawsuit all the way to the Supreme Court. ๐Ÿ’ผ This bold move could reshape the future of crypto regulation in the U.S.

๐Ÿค Despite facing a daunting Supreme Court battle, Garlinghouse exudes confidence in Ripple's legal defense. The SEC's withdrawn settlement offer "with prejudice" is seen as a victory, suggesting a lack of confidence from the regulator. ๐Ÿ›๏ธ

๐Ÿ’ก Ripple's confidence is bolstered by the discovery of "Hinman emails," raising questions about the SEC's inconsistent standards on crypto regulation. ๐Ÿ“ง This could be a game-changer for XRP's legal standing.

๐ŸŒ Garlinghouse calls for SEC accountability and a clear regulatory framework, criticizing the lack of guidance hindering U.S. crypto industry growth. ๐Ÿ‡บ๐Ÿ‡ธ In contrast, he applauds countries with well-defined regulations like Japan, Switzerland, Singapore, the UK, and Australia.

๐Ÿ” Ripple's battle against the SEC could redefine crypto regulation in the U.S. A favorable ruling may set a precedent making it harder for the SEC to classify other digital assets as securities, fostering innovation and investment in the American crypto industry. ๐Ÿ’ก

๐Ÿ’ช Garlinghouse's determination to reach the Supreme Court underscores Ripple's commitment to protecting user interests and driving growth in the broader crypto community. ๐Ÿš€

$XRP #RippleVsSEC #Ripple-XRP
See original
$15 billion XRP transfer to Bitfinex turned out to be a failed attack An alleged XRP transaction worth nearly $15 billion from an unknown wallet to the Bitfinex exchange on January 14 was found to be part of a failed attempt at a "fractional payment exploit." Tracking service Whale Alert, known for monitoring cryptocurrency transactions, initially reported a transaction of 25.6 billion XRP, which is almost half of the total token turnover, from an unidentified wallet on Bitfinex. The news of such a colossal transfer raised eyebrows and raised questions about the potential implications for the XRP market. Armstrong emphasized that the reported transaction of 25.6 billion XRP was highly unlikely given the total maximum volume of XRP of 100 billion. In addition, a significant portion is held in escrow, and the largest wallet contains only 5 billion XRP. Armstrong also suggested that the incident could have been a hack of the Whale Alert account or the dissemination of inaccurate information to manipulate the price of XRP. #XRP/USDT #Ripple #Ripple-XRP #RippleTrends $XRP
$15 billion XRP transfer to Bitfinex turned out to be a failed attack

An alleged XRP transaction worth nearly $15 billion from an unknown wallet to the Bitfinex exchange on January 14 was found to be part of a failed attempt at a "fractional payment exploit."

Tracking service Whale Alert, known for monitoring cryptocurrency transactions, initially reported a transaction of 25.6 billion XRP, which is almost half of the total token turnover, from an unidentified wallet on Bitfinex.

The news of such a colossal transfer raised eyebrows and raised questions about the potential implications for the XRP market.

Armstrong emphasized that the reported transaction of 25.6 billion XRP was highly unlikely given the total maximum volume of XRP of 100 billion. In addition, a significant portion is held in escrow, and the largest wallet contains only 5 billion XRP.

Armstrong also suggested that the incident could have been a hack of the Whale Alert account or the dissemination of inaccurate information to manipulate the price of XRP.

#XRP/USDT #Ripple #Ripple-XRP #RippleTrends
$XRP
"No Damages, No Demand: Expert Opinion on SEC's Claim Against Ripple"Yassin Mobarak, a renowned cryptocurrency expert, speculates that the SEC cannot request $770 million worth of penalty from Ripple if no financial harm was inflicted on investors.ย  Read more on: https://thecryptobasic.com/2023/11/04/expert-says-sec-cant-demand-770m-from-ripple-if-xrp-investors-didnt-incur-damages/ #Ripple-XRP #SECLawsuit #Crypto #CryptoCurrents #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ

"No Damages, No Demand: Expert Opinion on SEC's Claim Against Ripple"

Yassin Mobarak, a renowned cryptocurrency expert, speculates that the SEC cannot request $770 million worth of penalty from Ripple if no financial harm was inflicted on investors.ย 
Read more on: https://thecryptobasic.com/2023/11/04/expert-says-sec-cant-demand-770m-from-ripple-if-xrp-investors-didnt-incur-damages/
#Ripple-XRP #SECLawsuit #Crypto #CryptoCurrents #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ
Ripple CTOโ€™s Cryptic Tweet Sparks Speculation Among XRP Army. Sell or Hold XRP?A recent tweet by Ripple CTO David Schwartz has sent shockwaves through the XRP community, leaving investors divided on whether to hold or sell their XRP holdings. While the tweet appears to recount a personal financial regret, many within the community believe it carries a hidden message urging them to hold onto their XRP. This has ignited a spirited debate and sparked speculation about the future of the cryptocurrency. Decoding Schwartzโ€™s Tweet Schwartzโ€™s tweet recounts a past decision to sell 40,000 ETH for a mere $1 each, which he used to fund a solar panel project for a property he no longer owns. He acknowledges the painful reality that those tokens are now valued at an astonishing $100 million. Adding another layer to the narrative, Schwartz shares his fatherโ€™s similar experience of selling crypto and Apple stock, only to witness their meteoric rise in value. This shared experience has led many to interpret Schwartzโ€™s tweet as a subtle message urging XRP holders not to sell their assets. The โ€œHoldโ€ Interpretation Many of the XRP community members believe that Schwartzโ€™s tweet calls for patience and resilience. They interpret it as a signal to hold onto XRP despite its lethargic price growth over the years. Proponents of this interpretation anticipate a significant surge in XRPโ€™s value, aligning with Schwartzโ€™s message of regret over missed opportunities. However, not everyone within the XRP community shares this interpretation. Some, like Guardy,ย argueย that the tweet primarily focuses on real estate rather than crypto holdings. They believe that Schwartzโ€™s message serves as a general cautionary tale about impulsive financial decisions, rather than a specific call to hold XRP. The Ongoing Debate The timing of Schwartzโ€™s tweet has further fueled the โ€œdonโ€™t sellโ€ interpretation. With XRP inching closer to the $1 mark, many see the tweet as a deliberate m As the XRP community continues to dissect Schwartzโ€™s message, the debate rages on, highlighting the emotional connection investors often have with their digital assets. As the story unfolds and XRPโ€™s price fluctuates, the community will undoubtedly continue to analyze Schwartzโ€™s cryptic message, seeking guidance and reassurance in their investment decisions. โš ๏ธDisclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Ripple-XRP #XRPUpdate $XRP

Ripple CTOโ€™s Cryptic Tweet Sparks Speculation Among XRP Army. Sell or Hold XRP?

A recent tweet by Ripple CTO David Schwartz has sent shockwaves through the XRP community, leaving investors divided on whether to hold or sell their XRP holdings.
While the tweet appears to recount a personal financial regret, many within the community believe it carries a hidden message urging them to hold onto their XRP. This has ignited a spirited debate and sparked speculation about the future of the cryptocurrency.
Decoding Schwartzโ€™s Tweet
Schwartzโ€™s tweet recounts a past decision to sell 40,000 ETH for a mere $1 each, which he used to fund a solar panel project for a property he no longer owns. He acknowledges the painful reality that those tokens are now valued at an astonishing $100 million.
Adding another layer to the narrative, Schwartz shares his fatherโ€™s similar experience of selling crypto and Apple stock, only to witness their meteoric rise in value. This shared experience has led many to interpret Schwartzโ€™s tweet as a subtle message urging XRP holders not to sell their assets.
The โ€œHoldโ€ Interpretation
Many of the XRP community members believe that Schwartzโ€™s tweet calls for patience and resilience. They interpret it as a signal to hold onto XRP despite its lethargic price growth over the years. Proponents of this interpretation anticipate a significant surge in XRPโ€™s value, aligning with Schwartzโ€™s message of regret over missed opportunities.
However, not everyone within the XRP community shares this interpretation. Some, like Guardy,ย argueย that the tweet primarily focuses on real estate rather than crypto holdings. They believe that Schwartzโ€™s message serves as a general cautionary tale about impulsive financial decisions, rather than a specific call to hold XRP.
The Ongoing Debate
The timing of Schwartzโ€™s tweet has further fueled the โ€œdonโ€™t sellโ€ interpretation. With XRP inching closer to the $1 mark, many see the tweet as a deliberate m
As the XRP community continues to dissect Schwartzโ€™s message, the debate rages on, highlighting the emotional connection investors often have with their digital assets.
As the story unfolds and XRPโ€™s price fluctuates, the community will undoubtedly continue to analyze Schwartzโ€™s cryptic message, seeking guidance and reassurance in their investment decisions.
โš ๏ธDisclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple-XRP #XRPUpdate $XRP
The top three crypto picks for winter are BabyDogeCoin (BabyDoge), Ripple (XRP), and Solana (SOL)#BABYDOGE refers to a cryptocurrency that has gained popularity in recent times. Our AI picture generator provides the opportunity for our community to generate baby doge characters and memes at their convenience. Ripple has gained prominence as a promising avenue for future expansion, garnering attention from investors worldwide. Solana is a compelling investment opportunity throughout the winter season because to its distinctive feature of delivering reduced transaction costs. Currently, the cryptocurrency market is experiencing a period commonly referred to as a "crypto winter," characterized by a significant decline in the value of digital assets during the past several months. Cryptocurrencies exhibiting a robust capacity for recuperation amidst the prevailing bearish market conditions are seen as optimal investment choices throughout the winter season. During the winter season, cryptocurrencies such as BabyDogeCoin (BabyDoge), Ripple (XRP), and Solana (SOL) exhibit notable attributes that contribute to their considerable positive potential. Despite the name BabyDoge Coin is actually a fun collectible tokenbuilt on Binance smart chain with the purpose to spread awareness of animal adoption. The initial conception of this concept was the utilization of a meme as a kind of humor, accompanied with a vast quantity of 420 quadrillion units. Additionally, the mechanism employed for this concept was deflationary in nature, in contrast to the conventional approach of utilizing inflationary or fixed supply methods. The supply of Baby Doge experiences a reduction with every transaction, resulting in a total burn of 46% of the supply thus far. What is the rationale for choosing to incinerate materials instead of utilizing printing methods? Baby Doge leverages the Binance Smart Chain as its underlying infrastructure to provide a consensus mechanism known as Proof of Staked Authority. This mechanism depends on a network of 21 validators to ensure decentralization and facilitate active participation from the community. Bayb Doge is a digital asset that has been developed and operates on the Binance Smart Chain blockchain network. By possessing a Baby Doge Army non-fungible token (NFT), individuals will be afforded the opportunity to engage in our voting platform. This initiative presents a promising opportunity for the community to collectively determine the primary areas of emphasis for future endeavors. This voting process will assist the founding team in determining the subsequent marketing campaigns, the items that need our emphasis, NFT utilities, giveaways, ideas, and other related considerations. Membership to this very elite group is limited solely to individuals who own Baby Doge Army NFTs. Individuals have the ability to contribute to the trajectory of the Baby Doge Army and its potential global influence. Owning a Baby Doge Army non-fungible token (NFT) may be likened to the constant companionship of a cherished friend, wherein a collective of individuals with similar values unite towards a common objective. This alliance possesses boundless determination and influence, dedicated to effectuating positive global transformation. We strongly urge the utilization of the intellectual property associated with your artwork to establish a brand or enterprise that concurrently promotes the cause of canine conservation. #Ripple-XRP (XRP) has emerged as a transformative force in the realm of cross-border finance. Despite experiencing many periods of decline, Ripple's token has significant value and its close association with the traditional finance (TradFi) industry positions it favorably for future expansion. XRP has garnered significant global investor interest, indicating substantial support despite its recent underperformance relative to forecasts. Additionally, it remains cost-effective. Over the course of several years, Ripple has had a substantial increase in its overall value, amounting to a growth rate over 9000% since the year 2017. This evidence suggests that the value of the token is now increasing, and with the next Bitcoin halving event, there is a possibility that XRP may reach new peak levels due to the overall positive trend in the cryptocurrency market, expected to commence in the early months of the following year. #Solana๐Ÿ“ˆ๐Ÿš€๐ŸŒ (SOL) is a blockchain platform that is characterized by its swiftness and scalability. Solana has been a prosperous year, attracting investors to its ecosystem. The SOL token possesses a robust capacity to compete with its counterparts due to its ability to facilitate transactions at a reduced cost. Since the launch of Solana, the cryptocurrency SOL has consistently had positive price movements, indicating a strong upward trend. Furthermore, its potential for further growth remains robust. The growth percentage of the platform, compared to its starting value at debut, three years ago, exceeds 4000%. Similar to the majority of cryptocurrencies, the optimistic outlook stemming from the expected surge in cryptocurrency prices is likely to propel its value beyond its present trading level, rendering it a favorable investment opportunity throughout the winter season.

The top three crypto picks for winter are BabyDogeCoin (BabyDoge), Ripple (XRP), and Solana (SOL)

#BABYDOGE refers to a cryptocurrency that has gained popularity in recent times. Our AI picture generator provides the opportunity for our community to generate baby doge characters and memes at their convenience.
Ripple has gained prominence as a promising avenue for future expansion, garnering attention from investors worldwide.
Solana is a compelling investment opportunity throughout the winter season because to its distinctive feature of delivering reduced transaction costs.
Currently, the cryptocurrency market is experiencing a period commonly referred to as a "crypto winter," characterized by a significant decline in the value of digital assets during the past several months. Cryptocurrencies exhibiting a robust capacity for recuperation amidst the prevailing bearish market conditions are seen as optimal investment choices throughout the winter season. During the winter season, cryptocurrencies such as BabyDogeCoin (BabyDoge), Ripple (XRP), and Solana (SOL) exhibit notable attributes that contribute to their considerable positive potential.
Despite the name BabyDoge Coin is actually a fun collectible tokenbuilt on Binance smart chain with the purpose to spread awareness of animal adoption. The initial conception of this concept was the utilization of a meme as a kind of humor, accompanied with a vast quantity of 420 quadrillion units. Additionally, the mechanism employed for this concept was deflationary in nature, in contrast to the conventional approach of utilizing inflationary or fixed supply methods. The supply of Baby Doge experiences a reduction with every transaction, resulting in a total burn of 46% of the supply thus far. What is the rationale for choosing to incinerate materials instead of utilizing printing methods?
Baby Doge leverages the Binance Smart Chain as its underlying infrastructure to provide a consensus mechanism known as Proof of Staked Authority. This mechanism depends on a network of 21 validators to ensure decentralization and facilitate active participation from the community. Bayb Doge is a digital asset that has been developed and operates on the Binance Smart Chain blockchain network.
By possessing a Baby Doge Army non-fungible token (NFT), individuals will be afforded the opportunity to engage in our voting platform. This initiative presents a promising opportunity for the community to collectively determine the primary areas of emphasis for future endeavors. This voting process will assist the founding team in determining the subsequent marketing campaigns, the items that need our emphasis, NFT utilities, giveaways, ideas, and other related considerations. Membership to this very elite group is limited solely to individuals who own Baby Doge Army NFTs. Individuals have the ability to contribute to the trajectory of the Baby Doge Army and its potential global influence.
Owning a Baby Doge Army non-fungible token (NFT) may be likened to the constant companionship of a cherished friend, wherein a collective of individuals with similar values unite towards a common objective. This alliance possesses boundless determination and influence, dedicated to effectuating positive global transformation.
We strongly urge the utilization of the intellectual property associated with your artwork to establish a brand or enterprise that concurrently promotes the cause of canine conservation.
#Ripple-XRP (XRP) has emerged as a transformative force in the realm of cross-border finance.
Despite experiencing many periods of decline, Ripple's token has significant value and its close association with the traditional finance (TradFi) industry positions it favorably for future expansion. XRP has garnered significant global investor interest, indicating substantial support despite its recent underperformance relative to forecasts. Additionally, it remains cost-effective.
Over the course of several years, Ripple has had a substantial increase in its overall value, amounting to a growth rate over 9000% since the year 2017. This evidence suggests that the value of the token is now increasing, and with the next Bitcoin halving event, there is a possibility that XRP may reach new peak levels due to the overall positive trend in the cryptocurrency market, expected to commence in the early months of the following year.
#Solana๐Ÿ“ˆ๐Ÿš€๐ŸŒ (SOL) is a blockchain platform that is characterized by its swiftness and scalability.
Solana has been a prosperous year, attracting investors to its ecosystem. The SOL token possesses a robust capacity to compete with its counterparts due to its ability to facilitate transactions at a reduced cost. Since the launch of Solana, the cryptocurrency SOL has consistently had positive price movements, indicating a strong upward trend. Furthermore, its potential for further growth remains robust.
The growth percentage of the platform, compared to its starting value at debut, three years ago, exceeds 4000%. Similar to the majority of cryptocurrencies, the optimistic outlook stemming from the expected surge in cryptocurrency prices is likely to propel its value beyond its present trading level, rendering it a favorable investment opportunity throughout the winter season.
"Former SEC Official Dissects Ripple Ruling, Highlights Howey Test Gaps in Secondary Markets"Former SEC official Daniel Michael and a group of legal experts comment on the Ripple ruling, emphasizing that the Howey test was not designed to address secondary market trades between anonymous buyers and sellers. Read more on: https://thecryptobasic.com/2023/12/07/ex-sec-official-comments-on-ripple-ruling-says-howey-test-wasnt-designed-to-address-secondary-market-sales/ #Ripple-XRP #RippleLegal #SECSanction #SECDispute #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ

"Former SEC Official Dissects Ripple Ruling, Highlights Howey Test Gaps in Secondary Markets"

Former SEC official Daniel Michael and a group of legal experts comment on the Ripple ruling, emphasizing that the Howey test was not designed to address secondary market trades between anonymous buyers and sellers.
Read more on: https://thecryptobasic.com/2023/12/07/ex-sec-official-comments-on-ripple-ruling-says-howey-test-wasnt-designed-to-address-secondary-market-sales/
#Ripple-XRP #RippleLegal #SECSanction #SECDispute #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ
๐Ÿšจ๐Ÿšจ๐Ÿšจ BOOOOOOOOOM ๐Ÿ”ฅโค๏ธโ€๐Ÿ”ฅ๐Ÿ’ฅ๐Ÿš€ #Ripple-XRP CTO Says #XRPL Pivoting to RWA Tokenization Pursued by Firms Like JPMorgan and BoA..๐Ÿš€๐Ÿš€๐Ÿš€ $XRP will be the GOLD? Let's seee... #BTC #WhaleAlert #ETH
๐Ÿšจ๐Ÿšจ๐Ÿšจ BOOOOOOOOOM ๐Ÿ”ฅโค๏ธโ€๐Ÿ”ฅ๐Ÿ’ฅ๐Ÿš€

#Ripple-XRP CTO Says #XRPL Pivoting to RWA Tokenization Pursued by Firms Like JPMorgan and BoA..๐Ÿš€๐Ÿš€๐Ÿš€

$XRP will be the GOLD?

Let's seee...

#BTC #WhaleAlert #ETH
$XRP XRP displays a symmetrical triangle pattern Confirmation of the bullish trend awaits a triangle breakout Breaching the Ichimoku cloud could prompt a retest of support ๐Ÿ“‰ #nfa #dyor #etf #Ripple-XRP
$XRP

XRP displays a symmetrical triangle pattern

Confirmation of the bullish trend awaits a triangle breakout

Breaching the Ichimoku cloud could prompt a retest of support ๐Ÿ“‰

#nfa #dyor #etf #Ripple-XRP
See original
BlackRock refused to issue XRP-ETF due to bureaucrats An anonymous source familiar with the situation said that the world's largest company, managing $9.1 trillion in client assets, BlackRock has refused to issue an ETF based on the XRP cryptocurrency (XRP). Lawyer Bill Morgan noted that the firm had to curtail the plan to create this derivative due to the position of members of the US Securities and Exchange Commission (SEC). In particular, the chairman of the department, Gary Gensler, is unlikely to agree to give the go-ahead for trading in XRP-ETF shares. Gensler, like many of his colleagues, voted in favor of issuing a Bitcoin ETF, but he has personal scores to settle with XRP. In July 2023, the court ruled in favor of the XRP issuer, Ripple, without recognizing digital assets as securities. But the legal battle between the regulator and the creator of XRP did not end there. The agency wants to appeal the court's decision and punish the company for what officials believe is an illegal sale of coins. #RippleUpdate #XRPSurge #XRPUSDT #RippleTrends #Ripple-XRP $XRP
BlackRock refused to issue XRP-ETF due to bureaucrats

An anonymous source familiar with the situation said that the world's largest company, managing $9.1 trillion in client assets, BlackRock has refused to issue an ETF based on the XRP cryptocurrency (XRP).

Lawyer Bill Morgan noted that the firm had to curtail the plan to create this derivative due to the position of members of the US Securities and Exchange Commission (SEC). In particular, the chairman of the department, Gary Gensler, is unlikely to agree to give the go-ahead for trading in XRP-ETF shares.

Gensler, like many of his colleagues, voted in favor of issuing a Bitcoin ETF, but he has personal scores to settle with XRP. In July 2023, the court ruled in favor of the XRP issuer, Ripple, without recognizing digital assets as securities. But the legal battle between the regulator and the creator of XRP did not end there. The agency wants to appeal the court's decision and punish the company for what officials believe is an illegal sale of coins.
#RippleUpdate #XRPSurge #XRPUSDT #RippleTrends #Ripple-XRP
$XRP
"Ripple's XRP Primed to Seize Opportunities in Africa's $2.7 Trillion Fintech Sector"The renowned American crypto payment firm Ripple has highlighted the role of XRP in the estimated $2.7 trillion fintech market opportunity in the African continent. Read more on: https://thecryptobasic.com/2023/12/05/ripple-cites-xrp-role-in-estimated-2-7-trillion-market-opportunity-in-african-fintech-space/ #Ripple-XRP #RippleUpdate #XRPUpdate #CryptoisBetter #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ

"Ripple's XRP Primed to Seize Opportunities in Africa's $2.7 Trillion Fintech Sector"

The renowned American crypto payment firm Ripple has highlighted the role of XRP in the estimated $2.7 trillion fintech market opportunity in the African continent.
Read more on: https://thecryptobasic.com/2023/12/05/ripple-cites-xrp-role-in-estimated-2-7-trillion-market-opportunity-in-african-fintech-space/
#Ripple-XRP #RippleUpdate #XRPUpdate #CryptoisBetter #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ
"Ripple's Swell Event Showcases XRP Utility in Spectacular Style"Ripple has officially posted vital highlights of the Ripple Swell event it staged last month in Dubai, with XRP being a key participant in the summit. Read more on: https://thecryptobasic.com/2023/12/12/xrp-utility-highlighted-at-ripple-swell-event/ #Ripple-XRP #RippleSwell #RippleUpdate #RippleRevolution #CryptoisBetter

"Ripple's Swell Event Showcases XRP Utility in Spectacular Style"

Ripple has officially posted vital highlights of the Ripple Swell event it staged last month in Dubai, with XRP being a key participant in the summit.
Read more on: https://thecryptobasic.com/2023/12/12/xrp-utility-highlighted-at-ripple-swell-event/
#Ripple-XRP #RippleSwell #RippleUpdate #RippleRevolution #CryptoisBetter
See original
XRP Severe Crisis, Arbitrum (ARB) Faces Major Correction, Cardano (ADA) Sees a Candle of Hope The XRP market is going through a noisy phase as critical technical indicators point to a potentially deepening crisis. A close analysis of the XRP price chart shows a significant break below the 200-day EMA, a bearish signal that could foreshadow further price declines. This breakout is accompanied by an impending bearish EMA crossover, where the short-term moving average is poised to cross below the long-term average. Such a crossover would likely confirm the dominance of bearish momentum, increasing the risk of continued declines in XRP. Adding to the alarming technical situation is downward volume against the backdrop of a downtrend. Typically, downward volume can indicate a lack of confidence in a downtrend, but it can also indicate that a significant drop in prices has not attracted new buying interest, potentially leading to a longer bear market. #XRP/USDT #Ripple-XRP #ARB #Arbitrum #Cardano $ARB $XRP $ADA
XRP Severe Crisis, Arbitrum (ARB) Faces Major Correction, Cardano (ADA) Sees a Candle of Hope

The XRP market is going through a noisy phase as critical technical indicators point to a potentially deepening crisis. A close analysis of the XRP price chart shows a significant break below the 200-day EMA, a bearish signal that could foreshadow further price declines.

This breakout is accompanied by an impending bearish EMA crossover, where the short-term moving average is poised to cross below the long-term average. Such a crossover would likely confirm the dominance of bearish momentum, increasing the risk of continued declines in XRP.
Adding to the alarming technical situation is downward volume against the backdrop of a downtrend. Typically, downward volume can indicate a lack of confidence in a downtrend, but it can also indicate that a significant drop in prices has not attracted new buying interest, potentially leading to a longer bear market.

#XRP/USDT #Ripple-XRP #ARB #Arbitrum #Cardano
$ARB $XRP $ADA
See original
Brad Garlinghouse: โ€œRipple is considering an IPO outside the USโ€ Brad Garlinghouse said that at the moment an IPO is not a priority for Ripple. He clarified that the company may return to considering the possibility of a public offering of shares after the completion of the trial with the US Securities and Exchange Commission (SEC). At the same time, Ripple will reconsider the possibility of listing in the United States in favor of another jurisdiction due to the strict and counterproductive position of regulators towards cryptocurrency market participants. In particular, Garlinghouse sharply criticized the actions of Gary Gensler as chairman of the SEC, calling him โ€œa political liability for the crypto industry.โ€ Comparing the European Union's regulatory framework with that of the United States, Garlinghouse expressed concern that the United States lags behind in developing comprehensive regulations for the digital asset market, and that the crypto industry's problems are driven more by politics than by economics or consumer protection. #Ripple-XRP #RippleNet #Ripple #XRP/USDT #XRPBullRun $XRP
Brad Garlinghouse: โ€œRipple is considering an IPO outside the USโ€

Brad Garlinghouse said that at the moment an IPO is not a priority for Ripple. He clarified that the company may return to considering the possibility of a public offering of shares after the completion of the trial with the US Securities and Exchange Commission (SEC).

At the same time, Ripple will reconsider the possibility of listing in the United States in favor of another jurisdiction due to the strict and counterproductive position of regulators towards cryptocurrency market participants. In particular, Garlinghouse sharply criticized the actions of Gary Gensler as chairman of the SEC, calling him โ€œa political liability for the crypto industry.โ€

Comparing the European Union's regulatory framework with that of the United States, Garlinghouse expressed concern that the United States lags behind in developing comprehensive regulations for the digital asset market, and that the crypto industry's problems are driven more by politics than by economics or consumer protection.
#Ripple-XRP #RippleNet #Ripple #XRP/USDT #XRPBullRun
$XRP
See original
Hearings on the case between Ripple and the SEC will be held in February, March and April 2024 In a new YouTube video, cryptanalyst Zach Humphreys listed the key dates for the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) in 2024. In his opinion, the litigation in the Ripple v. SEC case could determine the fate of the entire industry. February 12 will be the date for a โ€œdeep diveโ€ into the remedies briefing, which will pave the way for the trial. On March 13, representatives of the SEC will have to present their point of view based on the results of consideration of the situation. One of the main issues that the SEC will challenge will be the sale of XRP to institutional investors. #Ripple-XRP #SEC $XRP
Hearings on the case between Ripple and the SEC will be held in February, March and April 2024

In a new YouTube video, cryptanalyst Zach Humphreys listed the key dates for the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) in 2024.

In his opinion, the litigation in the Ripple v. SEC case could determine the fate of the entire industry. February 12 will be the date for a โ€œdeep diveโ€ into the remedies briefing, which will pave the way for the trial.

On March 13, representatives of the SEC will have to present their point of view based on the results of consideration of the situation. One of the main issues that the SEC will challenge will be the sale of XRP to institutional investors.
#Ripple-XRP #SEC
$XRP
Explore the latest crypto news
โšก๏ธ Be a part of the latests discussions in crypto
๐Ÿ’ฌ Interact with your favorite creators
๐Ÿ‘ Enjoy content that interests you
Email / Phone number