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Peter Todd Disappears After HBO Documentary Points Him as Satoshi Nakamoto
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.
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Breaking: Ripple's RLUSD Stablecoin to Launch Globally Tomorrow
Ripple Labs has announced the launch of its much-anticipated stablecoin, RLUSD, for tomorrow, December 17, 2024. This comes following regulatory approval from the New York State Department of Financial Services (NYDFS) on December 10. Following the launch, Ripple will now compete in the rapidly growing stablecoin market with a valuation of over $200 billion. According to a press release by the company, RLUSD will launch with "unmatched utility, experience, and compliance" in the global crypto ma
Breaking: Ripple RLUSD Receives Regulatory Approval, Set to Launch Soon
Blockchain company, Ripple, has finally received the go-ahead from the New York State Department of Financial Services (NYDFS) to launch its much-anticipated stablecoin, RLUSD. This comes after speculations about a potential launch on December 4. In a recent tweet, CEO Brad Garlinghouse disclosed that listings on major crypto exchanges and partner platforms will be live soon. This means that RLUSD will be available to the global market soon. Recall that Ripple announced its venture into the stab
Do Not Buy XRP Before December 11, Trader Cautions Investors: Here's Why
A known crypto trader on Binance Square, @Bit_Guru has warned investors against buying XRP before December 11, citing possibilities of an unfavorable regulatory climate ahead. XRP has been caught in the crossfire between Ripple and the Securities and Exchange Commission (SEC) legal battle for over four years. The regulatory agency sued Ripple for violating federal securities laws by offering XRP to both retail and institutional investors. Though a federal court determined the former were
Even though several factors, including the recent announcement of a pro-crypto SEC chairman Paul Atkins, are somewhat in favor of the coin, it seems to have taken a different direction, plunging more than 10% in the last 24 hours to trade at $2.35 at the time of writing. While investors are hopeful for a return to its rally-ways, several technical indicators have pointed to a likely situation of XRP experiencing a significant correction that could drop its price even further. XRP's Technical Met
Ripple vs SEC: Paul Atkins Selected as SEC Chair, Will the Case be Dismissed?
President-elect Donald Trump has appointed Paul Atkins, a pro-crypto advocate, to lead the Securities and Exchange Commission (SEC). Atkins, who previously served as an SEC commissioner under President George W. Bush, is well-respected in conservative financial circles. He will replace Gary Gensler, the current SEC Chair, who is set to step down when Trump is inaugurated in January 2025. Atkins' appointment comes at a critical juncture for the SEC, as the agency is currently embroiled in the hi
XRP Prediction: See ChatGPT’s Price Prediction For December
We consulted ChatGPT to give us a prediction for the Ripple-backed coin and the result is not far from believable. According to ChatGPT, predicting the price trajectory of XRP depends on several factors including regulatory developments, Ripple’s technology adoption, market sentiment, macroeconomic events, and Ripple’s launch of the RLUSD stablecoin. ChatGPT noted that if the mentioned factors are favorable to XRP, then we could see an impressive price movement to heights not reached in years.
Ripple vs. SEC: Legal Expert Debunks Court Expedition Rumor
A recent rumor in the cryptocurrency community claimed that a U.S. court had approved a motion to expedite the final judgment in the ongoing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The news sparked excitement among Ripple supporters, who hoped this could mean the case, which has been dragging on for years, might resolve sooner. However, legal expert Bill Morgan debunked the rumor, clarifying that the alleged court expedition motion is unrelated to the
Ripple vs. SEC: XRP Could Rocket to $10 Soon Following an Emergency Settlement
The prolonged court battle between Ripple and the Securities and Exchange Commission has been one of the major suppressants for the price of XRP. Since the case began in December 2020, XRP diminished in value, mostly trading between $0.4 - and $0.7. However, recent partial victories coupled with the forthcoming resignation of Gary Gensler, the SEC chairman, has sent the tokens price above the $1 mark, the highest point reached in three years. Edo Farina, the CEO of Alpha Lions Academy, and a not
XRP Soars 71.82% as SEC Chair Gary Gensler Announces Resignation
Ripple’s XRP has surged by 71.82% over the past week, buoyed by SEC Chair Gary Gensler’s resignation announcement. The token’s price rose by 24.69% in the last 24 hours, trading at $1.40 and marking a three-year high. This dramatic increase follows a steady upward trend since early November, driven by regulatory developments and increased investor activity. XRP’s ongoing rally began after it surpassed the $1 threshold earlier this month, with gains of 161.26% since November started. The token
Ripple vs SEC: Legal Expert Claims Ripple Has the Advantage to Pay a Reduced Fine or Not
The question of a reduced fine or settlement was raised in a recent conversation with John Deaton, James Murphy (MetaLawMan), and Jeremy Hogan on Crypto Law where they shared insight about possible outcomes. Trump had promised in his campaign that removing Gensler from office would be one of the things he would do upon taking office. This could lead to many pending crypto cases being dismissed or settled. John Deaton asked if would be possible in a situation like this to get a stay on the case c
Ripple vs SEC: Legal Expert Says There is no Such Thing as a $125 Million “Settlement Fee”
In a recent post on X, Uphold cryptocurrency exchange posed a question to its users asking them to name a cryptocurrency that could either double in value or crash to $0 in the next 12 hours. While some users mentioned coins like Bitcoin (BTC), Ethereum (ETH), and PNUT, the majority of the responses mentioned XRP.
Particularly, one user, ‘Fintech Portal,’ mentioned XRP, with reasons that everybody expects the SEC to drop its case against Ripple which could trigger an exponential movement and d
Ripple vs. SEC: See What Could Happen to Gary Gensler if He Refuses to Step Down
United States president-elect, Donald Trump, might have a lot on his plate regarding overhauling the Securities and Exchange Commission (SEC) upon taking office next year. The Republican president stated severally during his campaign that he plans to make America a very crypto-friendly nation starting by removing SEC chair Gary Gensler from office. However, achieving this might not be easy. Recently, a discussion ensued on X (formerly Twitter) regarding the possibility of President Trump firing
Ripple Lawsuit with SEC Nears Possible Conclusion as Leadership Shifts Loom
A high-profile lawsuit between the United States Securities and Exchange Commission (SEC) and Ripple over XRP token sales could soon see resolution, according to a legal panel on CryptoLawTV. The discussion featured legal advocates John Deaton, James Murphy (also known as "MetaLawMan"), and Jeremy Hogan, who highlighted potential shifts in the case as SEC leadership changes appear possible. The panel suggested that a new administration could bring pro-crypto changes, potentially affecting the o
Robinhood Re-lists Solana, Cardano, and XRP while Adding Pepe as Demand Surges
Robinhood Crypto has announced the re-listing of three major altcoins—Solana (SOL), Cardano (ADA), and Ripple (XRP)—on its U.S. trading platform, as detailed in a press release on Wednesday. The platform has also introduced support for the meme token Pepe (PEPE), bringing its total number of available digital assets to 19.
Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, explained that strong customer demand led to this expansion. “We’ve consistently heard from our custo
Ripple vs SEC: Here is Why Ripple Will Not Promote XRP Like BTC Even With Status Clarity
XRP has been one of the coins to benefit from the current crypto market rally. However, the growth pace is relatively slow compared to other top cryptocurrencies like Bitcoin, which has surged to a new all-time high of $89k, Ethereum (ETH), Dogecoin (DOGE), and Cardano (ADA). The XRP community has expressed its concern about the snail-like movement of the coin and has wondered why Ripple is not engaging in heavy promotions like Bitcoin.
In a recent post on X (formerly Twitter), pro-XRP lawyer,
XRP Skyrockets 27%, Eyes $0.75 Ahead of Potential SEC Reform
The entire crypto market has been feeding off the momentum ignited by the recent electoral victory of Donald Trump. The total market valuation exceeded $3 trillion and trade volumes have recorded several hundreds of billion dollars since the election outcome. Bitcoin topped $89k today, with the potential of crossing the $90,000 mark soon. Meanwhile, XRP also joined in the rally, posting about 27% gains since November 5. This latest movement has brought excitement across the XRP community as memb
Charles Hoskinson Apologizes to XRP Community, Hints at Potential Cardano-Ripple Collaboration
Charles Hoskinson, founder of Cardano (ADA), has extended an official apology to the XRP community, retracting previous comments that fueled tension between the two blockchain networks. In a video posted on X (formerly Twitter), Hoskinson acknowledged past disagreements and expressed interest in collaborating with Ripple’s XRP Ledger. This gesture reflects a significant shift in tone and signals a possible new phase of cooperation between the Cardano and XRP communities. The recent reconciliatio
XRP Ledger Marks Major Milestone with 13 Million XRP Burned, Eyes Stablecoin Launch
XRP Ledger (XRPL) has reached a new milestone in its ongoing evolution, marked by its daily XRP burn rate. While not fully deflationary, XRPL burns a certain amount of XRP with each transaction contributing to a cumulative total that now stands at 13,014,042.56 XRP, according to XRPScan data. Although this burned amount is small relative to XRP’s circulating supply, it demonstrates XRPL’s gradual development and positioning for future advancements. XRPL is a distributed ledger technology suppor