While investors are supposed to react positively to the news in the crypto space, the opposite is exactly what is being recorded.
Last quarter, Ripple sold $408 million worth of XRP tokens in Q2, a 49% jump from the previous quarter.
With Ripple’s ODL, FOMO Pay may now provide instantaneous and more efficient payment services to its users around the globe.
The SEC has filed objections against XRP holders and attorney John E Deaton who are aiding Ripple in its defense against the regulator.
A number of XRP proponents seem to be celebrating the dumping of the XRP tokens by Jed McCaleb for reasons that may be personal to these individuals.
In a bid to uncover how NFT transactions may impact the XRPL, the developer team set out to test the ledger’s capacity.
Garlinghouse also stated that his company has no “no assholes policy”, a statement which many believe was a subtle jab aimed at Kraken CEO Jesse Powell.
The recent market downturn has seen the crypto market move in tandem with stocks.
Besides its goal to bring more ways for its customers to be paid, Novatti Group also considers the stablecoin integration as a viable stream of income.
Real-time gross settlement system Ripple will consider going public with an IPO after it ends its current legal tussle with the SEC, according to Brad Garlinghouse.
The decision to add XRP to SBI’s payment options comes as no surprise given that the two companies are on a joint venture to promote the use of XRP in Asia.
Ripple disputed the assertion stating XRP should be treated like a cryptocurrency and not a security offering.
The SEC has exactly 2 weeks to file an appeal with respect to its motion denial, and the commission’s response within this time frame is crucial as it may set a precedent for related cases in the near term.
Linqto, a company that trades private equity for crypto companies, before public listing, said that it has sold $50 million of stocks for Ripple Labs. This happened despite Ripple’s ongoing case with the US SEC.
According to the legal team representing Ripple CEO Brad Garlinghouse, the SEC is acting “inappropriately” and should be sanctioned.