Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ripple lawsuit
Ripple Making Good Progress In Case With SEC, According To CEO
Following months of ongoing battles and legal pressure, Ripple is finally making some progress in its lawsuit with the SEC. CEO Brad Garlinghouse said he expects the case to finally end next year. Lawsuit Update From Brad Garlinghouse Brad Garlinghouse – CEO of Ripple – elaborated on the lawsuit’s latest development in an interview with CNBC on Monday. The lawsuit began in December of 2020, with the SEC accusing Ripple of selling $1.3 billion worth of XRP in an unregistered…
4 years ago
Lulu Exchange UAE Airs Its Partnership With Ripple and Federal Bank
Lulu Exchange UAE announced a partnership between Ripple and the Federal Bank of India to increase faster and cheaper real-time payments from the UAE to India. Since Ripple’s lawsuit led to big losses, these newsstands as a good shot for the company’s progress, the UAE is one of the world's leading countries in integrated communications technology. It is constantly advancing its telecommunication infrastructure to allow for greater Internet penetration, closing the gap between physical and digital solutions. UAE Is Innovating…
4 years ago