In recent weeks, Ripple’s XRP has displayed a noticeable upward trend, drawing attention from both investors and analysts alike. Currently fluctuating around $0.59, according to CoinGecko, XRP may not be making headlines like some of its counterparts in the cryptocurrency arena, yet it is experiencing considerable positive movement on a weekly basis. Analysts are increasingly
Ripple
In an impressive turn of events, Ripple’s XRP has climbed 10% over the past week, positioning it as the most successful cryptocurrency among the top 20 in the market. Currently trading around $0.58 according to CoinGecko, XRP’s trading volume has also gained traction, reaching about $1.2 billion—surpassing well-known cryptocurrencies like Binance Coin (BNB). This sudden
Last week marked a notable period for XRP, which experienced a remarkable 7.5% increase fueled primarily by the launch of Grayscale’s Ripple Trust. This new investment vehicle, unveiled on September 12, offers investors an innovative way to gain direct exposure to XRP without engaging in the cumbersome process of purchasing, storing, or managing the cryptocurrency
In recent months, the cryptocurrency market has become a hotbed of speculation and analysis, particularly concerning Bitcoin’s potential price movements. Leading crypto analysts have brought attention to a striking bullish pattern, indicating a possible significant surge for Bitcoin over the coming months. While skepticism remains high within the crypto community, the fundamental and technical indicators
The cryptocurrency landscape is ever-evolving, and the recent announcement from Grayscale Investments has introduced a new player in this arena: a Trust that specifically tracks Ripple’s native token, XRP. This development comes at a crucial juncture for Ripple, which is entangled in a significant legal battle with the U.S. Securities and Exchange Commission (SEC). As
In a significant move influenced by regulatory scrutiny, eToro’s U.S. arm has announced it will discontinue trading the majority of its cryptocurrency assets, following a new directive from the Securities and Exchange Commission (SEC). This decision stems from allegations that the platform has been operating in violation of federal securities laws since at least 2020.
In 2024, the US Securities and Exchange Commission (SEC) made headlines by imposing a staggering $4.68 billion in fines against various crypto companies. This marked a significant milestone in the agency’s history, representing the most aggressive regulatory year to date. According to a report by Social Capital Markets, this hefty sum brings the total fines
Friend.tech recently made a bold decision to relinquish control of its smart contracts and transfer ownership to Ethereum’s null address. This move had immediate repercussions on the platform’s ecosystem, particularly on the value of the FRIEND token. Although the decision sparked some market reactions, it only scratches the surface of the deeper issues plaguing the
Yonsei University in South Korea has recently partnered with Ripple as part of the University Blockchain Research Initiative (UBRI) program. This collaboration marks the 58th partnership for Ripple globally, with 12 of those partnerships located in the Asia Pacific region. The focus of this partnership will be on research related to blockchain technology, with a
The US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has called for the development of specialized S-1 registration forms tailored for digital asset securities. During the Korea Blockchain Week 2024 event, Uyeda highlighted the importance of updating regulatory tools to better accommodate the specific characteristics of digital assets. He noted that the current