Veteran trader Peter Brandt is issuing a warning about Bitcoin (BTC) amid the flagship crypto’s decline to the $60,000 level. Brandt tells his 741,200 followers on the social media platform X that Bitcoin still needs to hit higher price targets on the weekly timeframe to confirm that its bullish trend is intact. “The recent rally […]
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The U.S. Securities and Exchange Commission (SEC) is filing a notice of appeal against 2023’s landmark ruling that the sales of the crypto asset XRP only qualify as securities when sold to institutional investors. In a new thread on the social media platform X, Stuart Alderoty, the chief legal counsel of Ripple Labs, says that […]
The post SEC Moves To Appeal 2023’s Landmark Ripple and XRP Securities Ruling appeared first on The Daily Hodl.
Deep-pocketed investors have been busy accumulating massive amounts of XRP since September 20th, according to a popular crypto analyst. Ali Martinez tells his 72,900 followers on the social media platform X that crypto whales bought $286.7 million worth of XRP, the token used to operate Ripple Labs’ payments platform, within 10 days. “Ripple whales have […]
The post Crypto Whales Gobble Nearly $300,000,000 Worth of XRP in Just 10 Days, Says Analyst appeared first on The Daily Hodl.
The crypto asset management giant Grayscale launched a new XRP Trust after axing a similar product in 2021. The new trust is solely invested in XRP and offers investors a chance at exposure to “a protocol with an important real-world use case,” says Rayhaneh Sharif-Askary, Grayscale’s head of product & research. “By facilitating cross-border payments […]
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A judge has agreed to delay enforcing the $125 million civil penalty imposed on Ripple, cracking open the door for a potential appeal in the payment firm’s longstanding legal battle with the U.S. Securities and Exchange Commission (SEC). On Thursday, District Judge Analisa Torres ordered a stay on the monetary portion of the case’s final […]
The post Judge Agrees To Delay $125,000,000 Penalty in SEC v. Ripple Lawsuit, Opening the Door to a Possible Appeal appeared first on The Daily Hodl.
Ripple’s chief legal officer has accused the U.S. Securities and Exchange Commission (SEC) of fabricating the term “crypto asset security.” Ripple CLO Stuart Alderoty says the term has no legal basis and “is nowhere to be found in any statute.” “The SEC needs to stop trying to deceive judges by using it.” The SEC has […]
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A closely followed crypto analyst is saying that XRP is showing potential for a massive breakout. In a new video update, crypto strategist Jason Pizzino tells his 332,000 YouTube subscribers that XRP, the token used to operate Ripple Labs’ payments platform, could soar to as high as $3. However, the analyst warns that XRP is […]
The post XRP Has the Potential To Surge Higher, Says Crypto Analyst Jason Pizzino – But There’s a Catch appeared first on The Daily Hodl.
Ripple has kicked off beta testing for its new dollar-pegged stablecoin, Ripple USD (RLUSD), on the XRP Ledger and the Ethereum (ETH) mainnet. The San Francisco payments company notes Ripple USD is not yet available for purchase and is still subject to regulatory approval. The firm says the stablecoin will be fully backed by cash […]
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XRP surged by more than 27% in the 24 hours after a judge issued a long-awaited order in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. In an order filed on Wednesday, District Judge Analisa Torres imposed a $125 million civil penalty against the San Francisco-based payments company. In March, the SEC […]
The post XRP Skyrockets by 27% in 24 Hours After Judge Orders Ripple To Pay $125,000,000 in SEC Lawsuit appeared first on The Daily Hodl.
San Francisco-based payments company Ripple has rolled out a new webpage for its upcoming dollar-pegged stablecoin. The firm says on the new page that Ripple USD (RLUSD) will be issued on the XRP Ledger and the Ethereum (ETH) blockchain. Ripple notes the stablecoin will be fully backed by cash and cash equivalents and redeemable on […]
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