Peter Todd, one of Bitcoin's genesis developers, has gone into hiding following the HBO documentary that exposed him for being Satoshi Nakamoto, the entity behind the creation of the flagship cryptocurrency. In the documentary titled "Money Electric," Cullen Hoback, the show's director, confronted Peter Todd, accusing him of being the mysterious figure but Todd has repeatedly denied this.
Following the revelation, Todd disclosed that he has been regularly harassed by people asking him for money.

A crypto expert, Dark Defender, on X (formerly Twitter), has analyzed the key metric that is holding the price of XRP from undergoing a dramatic rally. His analysis directly linked XRP's upward movement with Bitcoin's dominance. According to him, the XRP bull run starts when Bitcoin's dominance declines. Dark Defender backed his analysis with historical movements from 2017 and 2021.
In early 2017, the flagship cryptocurrency Bitcoin, held most of the crypto market share, dominating at about 96.2

The largest cryptocurrency by market cap, Bitcoin almost reached its all-time high of $73k earlier today after it traded above $72,500. However, at the time of writing, the price of the flagship cryptocurrency changed hands at $72,483, representing a 1.79% increase in the last 24 hours.
The recent BTC upsurge is not an isolated event, notably, the entire crypto market is experiencing a rally in the last days of "Uptober." According to on-chain data, the total market cap added 1.25% in the last

Trending memecoin, Shiba Inu has moved two steps up in the crypto market ranking, flipping Avalanche (AVAX), and Chainlink (LINK) to occupy the 12th position on the chart.
This development comes amid a global market uptrend that has positioned the majority of the cryptocurrencies in the green. According to on-chain data, SHIB reached a monthly high of $0.00001957 over the last day.
However, at the time of writing, the second-largest memecoin by market cap changed hands at $0.00001856 represent

American blockchain company, Ripple Labs, has submitted Form C for cross-appeal in the long-running court case with the Securities and Exchange Commission. The document,  filed with the U.S. Court of Appeals for the Second Circuit, detailed the portion of the ruling it wishes to challenge. According to the form, Ripple targets four aspects of the previous court rulings.
First, the company questions the “essential ingredients” of an investment contract, asking whether a formal legal contract that

Brad Garlinghouse, CEO of Ripple, has predicted a significant shift in the cryptocurrency industry, regardless of the outcome of the 2024 U.S. presidential election.
At the 8th Annual Washington DC Fintech Week, Garlinghouse highlighted the challenges currently facing the sector, particularly under the Biden administration, which he criticized for its “hostile” approach towards digital assets.
According to him, the crypto industry is on the verge of a major reset, regardless of whether Donald

Chris Larsen, co-founder of Ripple Labs, has made headlines with his $10 million donation in XRP to Vice President Kamala Harris’s 2024 presidential campaign. This contribution, made through the Future Forward super PAC, has drawn attention due to its significance and the growing role of cryptocurrency in politics.
Larsen announced the donation on Monday via X, emphasizing the need for the Democratic Party to adopt a new approach to technological innovation, particularly in cryptocurrency.

He

The XRP Ledger has experienced a notable surge in activity as Ripple continues to face off against the U.S. Securities and Exchange Commission (SEC). According to data from blockchain analytics firm Santiment, the number of active wallets on the XRP Ledger reached a three-month high. Over 35,799 unique wallets conducted at least one transfer in a single day, while 3,858 new wallets were created, marking the highest level of new wallet creation in over seven months.
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Tesla, SpaceX, and X (formerly Twitter) owner Elon Musk recently addressed the topic of cryptocurrency during a public appearance, offering his thoughts on its broader societal impact. Musk's remarks came in response to a question about XRP's future in financial institutions, particularly in light of recent regulatory crackdowns by the U.S. Securities and Exchange Commission (SEC).
While the question specifically focused on XRP and its potential integration into financial systems, Musk skillful

The U.S. Securities and Exchange Commission (SEC) has officially filed its Form C appeal in the ongoing Ripple case, coinciding with the birthday of its chairman, Gary Gensler. As Gensler turns 67 today, October 18, the SEC has already filed its appeal, meeting a crucial deadline in one of its most significant legal battles in cryptocurrency. The filing, submitted just hours before the midnight deadline, has added another layer of intrigue to an already high-profile case.
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The United States Securities and Exchange Commission (#SEC) has finally submitted its long-anticipated Form C in the case against Ripple, throwing more light on the aspect of the court’s ruling it wishes to contest.
According to the filing issued on October 17, the commission is not challenging the security status of XRP; rather, it focuses on the token’s programmatic sales on cryptocurrency exchanges.
Also, the SEC targets #Ripple executives Brad Garlinghouse and Chris Larsen for allegedly aidi

Asset manager Bitwise updated its S-1 registration statement on October 16, aiming to launch a compliant XRP exchange-traded fund (ETF). The new details in the filing focus on the Trust’s structure, asset custody, and share creation and redemption processes. This move follows the initial October 2 registration, marking a significant step toward offering an investment product tied to Ripple’s XRP.
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Ripple has announced the launch of its stablecoin, RLUSD, alongside strategic partnerships with prominent global exchanges. This new enterprise-grade, USD-denominated stablecoin emphasizes trust, liquidity, and regulatory compliance. Ripple’s collaborations with platforms like Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish will make RLUSD accessible to users and institutions worldwide.
CEO Brad Garlinghouse noted the growing need for high-quality stablecoins in vari

The Ripple vs. SEC legal battle has reached a critical juncture, with significant developments on the horizon. A post by Ashley Prosper on social media has shed light on the next steps in the appeal process, sparking conversation among the XRP community. With Ripple's Swell event coinciding with key legal deadlines, many are optimistic that a resolution could be near, potentially signaling the end of the long-standing dispute.
Settlement Conference a Crucial Turning Point
According to Prosper, t

Blockchain giant, Ripple, is getting set for its annual Ripple Swell event happening in Miami Florida from October 15-16 2024.

One particular update that XRP holders would be looking forward to hearing about is the launch date for the RLUSD stablecoin. Since August 9, the stablecoin has been in a private beta mode on the Ethereum blockchain and the XRP Ledger. Ripple has minted and burned millions of RLUSD in preparation for the launch which is most likely to happen this year. Even though ther

Solana, one of the largest cryptocurrencies by market cap, has exhibited bullish signals as one of its key metrics, total value locked (TVL), crosses $6.1 billion according to on-chain data. This would be the highest it has reached in almost three years, since January 2022.
The post "Solana Shows Bullish Signals as TVL Surpasses $6 Billion, Surge Ahead?" first appeared on 36crypto.com News.
#MemeCoinTrending #Solana_Blockchain #solana #BTCBreaks66K

Ripple's legal dispute with the U.S. Securities and Exchange Commission (SEC) has intensified as CEO Brad Garlinghouse openly criticized the SEC's regulatory tactics.
He argued that the agency, led by Gary Gensler, continues to rely on regulation-by-enforcement strategies rather than providing clear rules. In response, #Ripple filed a cross-appeal to challenge unresolved legal issues, particularly concerning XRP's classification as a security.
Stuart Alderoty, Ripple's General Counsel, emphasize

Japanese publicly traded company Metaplanet has continued its aggressive Bitcoin purchase, scooping 108.999 BTC, valued at 1 billion yen (or $6.5 million). The company announced the latest purchase on X (formerly Twitter), informing that it purchased at an average price of 9,174,396 yen per Bitcoin (or $61,652). Consequently, its total Bitcoin holding now stands at 748.502 BTC, worth $45.3 million.
The post "Breaking: Metaplanet Increases Bitcoin Holding With Additional $6.5 Million BTC" first a

Fintech giant Ripple has made a significant entry into crypto custody, introducing new services aimed at assisting banks and financial technology companies to store digital assets for clients securely. This move represents a strategic expansion for Ripple as it seeks to diversify its offerings beyond its core payment settlement business.
Ripple plans to launch several features to help its banking and fintech clients manage and hold digital tokens efficiently. As part of this strategy, Ripple for

Peter Todd, a well-known Bitcoin developer, has strongly denied claims made in an HBO documentary that he is Satoshi Nakamoto, the enigmatic creator of Bitcoin. Todd criticized the documentary and its filmmaker, Cullen Hoback, accusing them of jeopardizing his safety with what he labeled as irresponsible storytelling.
The documentary has received strong criticism from the Bitcoin community for failing to show sufficient proof tying Todd to the pseudonymous inventor.
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