Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro — a city with a burgeoning crypto industry. But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it
XRP
Solana (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, SOL’s failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity support Solana’s present $16.9 billion market capitalization.
Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if the rally fails to resume, sellers may try to make a comeback. However, in an uptrend, dips
Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether’s 17% return over the last 30 days falls short of Bitcoin’s (BTC) impressive 27% gain during the same period. Regulatory hurdles and ecosystem centralization critiques linger Analysts
Jeremy Hogan, a prominent attorney in the XRP community, recently engaged in an exchange on X (formerly Twitter) about the ongoing SEC vs. Ripple case, offering insights into the potential financial repercussions for the fintech company. This discussion came in response to fellow pro-XRP attorney John E. Deaton’s comment: “The people who’ve argued that the
A recent attack compromised Monero’s community crowdfunding wallet, wiping out its entire balance of 2,675.73 Monero (XMR), worth nearly $460,000. The incident took place on Sept. 1 but was only disclosed on GitHub on Nov. 2 by Monero’s developer Luigi. According to him, the source of the breach has not been identified yet. “The CCS
Ripple is now well on its approach to putting its extended legal battle with the SEC behind it, and a settlement is finally in sight. Prominent lawyer and XRP supporter John E. Deaton recently contributed his two cents, noting how a settlement would be the best case for Ripple. According to the attorney, it is
A number of intriguing developments have emerged, all of which point to cryptocurrency giant Ripple may be in the works of launching an Initial Public Offering (IPO). As expected, concerns have been raised among the XRP community about whether a Ripple IPO could negatively affect the price of XRP in the long run. But crypto
Top Stories This Week Sam Bankman-Fried found guilty, what’s next for the ‘crypto king’? Former FTX CEO Sam Bankman-Fried was found guilty of all seven charges by a jury in his criminal trial in New York after about four hours of deliberation. He was convicted of two counts of wire fraud, two counts of wire
An interesting development is the rumors that are circulating on social media regarding the XRP price and the lesser-known Ripple co-founder Arthur Britto. Apparently, Britto had given an ultra-bullish forecast for the digital asset, with the expectation that it would become valued at five digits. But IS there any merit to these rumors? Ripple Co-Founder
Bitcoin (BTC) soared above $35,000 on Nov. 2 and that may have sucked in the aggressive bulls who speculated that the next leg of the up-move was beginning. However, the price quickly turned around and fell back below $35,000 signaling that the breakout may have been a fake move. A mild correction during an uptrend
Ripple has announced a major achievement in the XRP ecosystem as the cryptocurrency has been officially approved for use within Dubai’s financial ecosystem by the Dubai Financial Services Authority (DFSA). XRP Gets Greenlight in DIFC Ripple revealed in an X (formerly Twitter) post on Thursday that XRP, the native token of the Ripple network has
In a recent video analysis, crypto pundit Lewis Jackson highlighted several indicators that Ripple is gearing up for an Initial Public Offering (IPO). Jackson dissected the company’s recent hiring trends, strategic growth moves, and regulatory battles as preparatory steps toward going public. Biggest Signs That Ripple Prepares An IPO Jackson emphasized the significant uptick in
In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project. The collaboration aims to explore the potential benefits and use cases of Ripple’s Central Bank Digital Currency (CBDC) platform for the public sector, businesses, and retail users. Ripple’s
Ripple CLO Stuart Alderoty, has voiced worries about the US SEC’s recent track record of failed legal battles against cryptocurrency companies as many crypto community members seem to doubt the regulatory body’s core mission of protecting investors. Ripple CLO Speaks On SEC’s String Of Losses Stuart Alderoty, Chief Legal Officer of Ripple, a leading provider
John Deaton, a crypto and pro-Ripple lawyer, thinks there is “no way Ripple,” the blockchain company whose two key executives were sued by the United States Securities and Exchange Commission (SEC), will abandon XRP, the native currency of the XRPL. Based on Deaton’s assessment, Ripple has a “fiduciary duty” not to dump the coin regardless of
In another regulatory win for Ripple, the company made a significant announcement regarding the approval of XRP by the Dubai Financial Services Authority (DFSA), which will allow licensed virtual asset firms in the Dubai International Financial Centre (DIFC) to integrate XRP into their virtual asset services. XRP Integration Authorized Per the announcement, Dubai has demonstrated
Visa completes Hong Kong digital currency trial with HSBC and Hang Seng Hong Kong is one step closer to a central bank digital currency (CBDC) with the release of its successful phase 1 results in collaboration with Visa, HSBC and Hang Seng Bank. According to a Nov. 1 announcement, Visa said that it achieved “near
Ripple recently released its Q3 2023 XRP Markets Report as part of the company’s efforts to provide transparency and updates on “key industry developments and crypto markets movements.” The report also highlighted some of the impressive strides the company made in the third quarter of this year. How The Crypto Market Fared in Q3 2023
Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling solution Firedancer. SOL reached over $41 on Nov. 2 touching highs it hasn’t seen since August last year, Cointelegraph Markets Pro data shows. Long touted as an “Ethereum
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