Ripple

SEC targets Uniswap, causing market turmoil and raising concerns about regulatory overreach in the crypto space. The crypto community rallies behind Uniswap, expressing solidarity and calling for greater regulatory clarity and dialogue. Uniswap Labs, a prominent player in the cryptocurrency industry, finds itself under the regulatory spotlight as it receives a Wells Notice from the U.S. Securities and Exchange Commission (SEC). This notice serves as a precursor to potential legal action, signifying the SEC’s interest in pursuing a lawsuit against…

Ripple CEO Brad Garlinghouse thinks more crypto ETFs are coming, including XRP, but it will take time due to SEC concerns. Market experts doubt SEC approval for an XRP ETF, citing regulatory hurdles and the absence of XRP on regulated platforms. In a recent appearance at the Paris Blockchain Week, Ripple’s CEO Brad Garlinghouse weighed in on the possibility of an XRP Exchange-Traded Fund (ETF) hitting the market. Amidst growing speculation and regulatory hurdles, Garlinghouse expressed optimism but acknowledged the…

Ripple has released the next batch of XRP tokens, unlocking 500 million XRP from the escrow. Although the release has previously raised investor jitters, but XRP prices remain stable and are tracking Bitcoin prices. Ripple has unlocked a substantial amount of XRP, raising concern among XRP investors. The recent release is part of Ripple’s 1 billion monthly release strategy that aims to maintain liquidity and control supply in the market. While these releases are crucial for maintaining market liquidity and…

TL;DR Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity. Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon. ‘XRP Dips For Buying, Not For Crying’ The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion. CryptoPotato reported that the adverse trend resulted in multi-million liquidations, mainly affecting long traders.  Ripple’s XRP…

TL;DR The lawsuit between Ripple and the SEC, concluding with a grand trial on April 23, could significantly influence XRP’s price and market capitalization. The asset’s value growth also depends on market dynamics and adoption by major financial institutions. Waiting for the Judge’s Decision The lengthy legal battle between Ripple and the US Securities and Exchange Commission (SEC) will move to a grand trial (scheduled for April 23), which is supposed to be the final chapter of the dispute. Industry participants…

Ripple CLO Stuart Alderoty has highlighted the SEC’s latest loss in court where a judge ruled that if a buyer doesn’t suffer financial loss, the SEC isn’t entitled to disgorgement from the defendant. The ruling could play a big role in Ripple’s ongoing battle with the agency, with some reports claiming Gary Gensler is seeking to push for up to $2 billion from the blockchain payments company. The US Securities and Exchange Commission is relentless in its pursuit of crypto…

The post Ripple X Dev Unveils Native Lending Protocol Proposal for XRPL appeared first on Coinpedia Fintech News Ripple X Dev recently announced on X that the long-awaited proposal for Native Lending Protocol on the XRP Ledger is finally up for review and feedback from the general public. Ripple’s Chief Technology Officer, Joel Katz, has also expressed enthusiasm for the proposal, highlighting its potential to revolutionize the XRPL’s utility. Expanding DeFi Capabilities The XRPL proposal introduced by developers Aanchal Malhotre…

The post Ripple vs. SEC Lawsuit Over? Is Settlement Expected on April 16th? appeared first on Coinpedia Fintech News Ashley Prosper, a crypto enthusiast deeply engaged with XRP, sparked a conversation with a detailed Twitter post outlining various developments in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC).  She noted an important opinion from the 2nd Circuit Court stating that the SEC cannot force disgorgement without financial loss to investors. This principle could directly…

XRPL’s recently introduced AMM feature incorporates a mechanism to burn XRP tokens to deter spam transactions. This deflationary model aligns with the expanding DeFi ecosystem and enhances liquidity within the XRPL network. The XRP Ledger (XRPL) recently rolled out its Automated Market Maker (AMM) feature, which enhances liquidity while simultaneously reducing the total supply of XRP tokens through burning mechanisms. This innovative step marks a significant stride towards a deflationary model within the XRPL ecosystem. The introduction of the XRPL…