Ripple

Ripple’s price has yet to show a sign of recovery and is continuing its overall bearish trend. If things are to change, the price should soon begin its recovery, as the market is in a critical area. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has dropped aggressively below the 200-day moving average around the $0.6 level and has yet to climb above. However, the $0.5 support zone has held the price, and the market is consolidating…

The post Ripple vs. SEC Nears Key Deadline: Settlement or Showdown? appeared first on Coinpedia Fintech News In the cryptocurrency world, all eyes are on XRP as whales—holders of large amounts of the digital asset—transfer a whopping 180 million coins. This move has added a new layer of intrigue to the ongoing legal clash between Ripple and the U.S. Securities and Exchange Commission (SEC). With the courtroom showdown reaching a critical stage, April 29 is a date everyone’s watching, as…

In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.”  These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others.  XRP And Ethereum Classic In The Spotlight Ripple Labs, the company behind XRP, was highlighted as a prominent crypto zombie. Despite XRP’s active trading volume of around…

Ripple will integrate its upcoming stablecoin into the billion-dollar transaction market, giving users a better experience, lower fees and faster settlement than existing options. However, according to Ripple CTO David Schwartz, this won’t wipe out XRP’s role in the ecosystem, as users who are best served by the crypto for payments and transfers will still have access. Much has been made about Ripple’s upcoming stablecoin, which will be launched later this year on the XRP Ledger. Some say it will…

The post Post-Halving Outlook: Ripple & Cosmos Investors See DeeStream (DST) as a Path to 70X Gains in Streaming Innovation appeared first on Coinpedia Fintech News Bitcoin (BTC) halving has historically ushered in new all-time highs for the leading asset, triggering altcoins to register new peaks. While large-cap cryptocurrencies have been considered safe investments, investors know that big gains come from buying presale or low-cap projects early. With the impact of the recent halving event yet to take place, investors…

As the bull run of 2024 unfolds, many investors are exploring new opportunities beyond established platforms like Ripple. The shift in focus is towards the burgeoning sector of decentralized finance, or DeFi, where fresh projects are emerging. These innovative ventures promise potential gains, attracting attention in the investment community. The current market trend reflects a noteworthy pivot to these emergent DeFi projects, signifying a possible change in the investment tide. This article delves into this shift, examining why and how…

The market continues to chop, clearly unable to pick a definitive direction throughout the past seven days. The total capitalization currently stands at around $2.5 trillion, more or less where it was during the same time last week. However, there’s been substantial volatility, sending many leveraged traders into liquidations. Let’s have a look. Starting with Bitcoin, it has failed to make any progress during the past seven days, but this wasn’t due to a lack of effort. On Monday, April…

Magistrate Judge Sarah Netburn has set a new course for the Ripple vs. SEC case with a scheduling order. Ripple Labs challenges the SEC’s heavy penalties, advocating for a $10 million settlement. In recent developments, Magistrate Judge Sarah Netburn, following her appointment as District Judge, issued a new scheduling order in the ongoing lawsuit between Ripple Labs and the SEC. According to a report by CNF, this order outlines deadlines for the SEC to respond to Ripple’s motion to dismiss…

TL;DR The trial between Ripple and the SEC has advanced, with Ripple set to respond to SEC motions by early May following a new scheduling order by Judge Sarah Netburn. Attorney Jeremy Hogan anticipates a potential summer conclusion to the lawsuit, with the company possibly facing a $100 million settlement. What’s Coming Next? The legal dispute between Ripple and the US Securities and Exchange Commission (SEC) entered into its trial phase last week, with numerous industry participants expecting a resolution or…