XRP

Ripple plans to launch a stablecoin in June, aiming to offer stability by pegging its value to the U.S. dollar. The SEC has raised concerns about Ripple’s stablecoin, alleging it could be an “unregistered crypto asset.” Ripple’s Chief Technology Officer, David Schwartz, recently hinted at the imminent launch of the company’s stablecoin during the XRP Las Vegas conference. With the stablecoin backed by U.S. dollar deposits and government bonds, Ripple aims to provide stability and security with a 1:1 peg…

Every investor looks out for the post-halving hype. Historically, this period is marked by the unprecedented growth of innovative underdogs like Raboo. Despite being in its ICO, Raboo has surged astronomically on the back of the growing momentum that stalwart XRP and Ethereum prices are riding. However, Raboo isn’t just riding the coattails of these giants. Its ingenious meme revolution and AI wizardry paint an irresistible picture that attracted thousands of investors to its record-breaking million-dollar ICO. XRP Aims for…

The post XRP Exchange Operator Sentenced to 8 Years Imprisonment By South Korean Court appeared first on Coinpedia Fintech News Anonymous XRP exchange operator, Mr. A is being sentenced to 8 years in prison as he was convicted of serious crypto fraud and embezzled around 4.6 billion Korean won i.e. $3.3 million. Since 2015, Mr A has been a central figure in the South Korean crypto market in his attempts to defraud investors by promising to purchase XRP tokens at…

The CEO of MicroStrategy, Michael Saylor, recently critiqued Ethereum (ETH), Cardano (ADA) and Ripple (XRP) as he labeled them securities. This brought about a lot of talk among traders as they now look at safer options like Rollblock (RBLK). Analysts hint that this Stage 1 presale star could be the next $0.5 token in 2024 and one of the best cryptos to buy. Michael Saylor: Ethereum ETF Will Never Come One of the top crypto coins, Ethereum (ETH), has been…

Ripples of uncertainty continue to surround XRP, the cryptocurrency created by Ripple Labs. Once a high-flyer, XRP has seen its price plummet amidst a protracted legal battle with the US Securities and Exchange Commission (SEC). But even as dark clouds loom, some analysts see a silver lining, predicting a future surge for the digital asset. A Legal Tug-of-War Dampens XRP Price The SEC lawsuit, filed in December 2020, alleges that the altcoin is an unregistered security. This classification, if upheld,…

Ripple’s price has been consolidating over the last few weeks, failing to continue its recovery. Yet, there is still the probability for the market to rise higher. Technical Analysis By TradingRage The USDT Paired Chart On the USDT paired chart, the price has recently rebounded from the $0.4 support zone and climbed above the $0.5 level. Yet, the 200-day moving average, located around the $0.6 mark, is still intact. The price is currently dropping toward the $0.5 level once more.…

TL;DR XRP saw increased discussion rate, spurred by the SEC’s criticism of its upcoming stablecoin. The asset has been quite popular in the past few years due to the ongoing lawsuit between Ripple and America’s securities regulator. The Top 10 Club The market intelligence platform – Santiment – presented the top 10 cryptocurrencies that have been involved in the most discussions lately. The first place belongs to the popular privacy token – Monero (XMR) – due to the disclosure that…

Ripple CEO Brad Garlinghouse speaks on speculations and says the company has not abandoned the project. This appears to be in line with a statement made by a pro-XRP lawyer in 2023 that it is impractical for Ripple to abandon XRP.  Lately, the commitment of Ripple Labs to secure and transform the XRP ecosystem has seriously been in doubt with a section of the crypto community suspecting that the project has been abandoned. A quick research by CNF discloses that…

Anodos Finance has now been added as a Unique Node List operator on XRP Ledger. XRP Price did not shift significantly despite the news. On Tuesday, the XRP Ledger (XRPL) Foundation announced the inclusion of Anodos Finance to its Unique Node List (UNL). As a result, Anodos Finance is now one of XRPL’s 35 trusted validators to ensure stability and integrity on the network. Relevance of the XRP Ledger Unique Node List Typically, the UNL refers to a specific set…