XRP

October is proving to be a solid month for Bitcoin (BTC) as the price is nearing the 2023 high at $31,805. Generally, major resistances are not cleared in the first instance as the bears come out in full force to guard the level. Therefore, a minor dip is to be expected, but that should not

John E Deaton, a prominent lawyer known for representing XRP holders and vocalizing his criticisms of Jay Clayton’s tenure as the SEC Chairman, recently took to Twitter to highlight what he believes to be glaring conflicts of interest surrounding the SEC’s enforcement action against Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen. Deaton tweeted,

Bitcoin (BTC) had a good week with prices rising about 10% to reach the psychologically important level of $30,000. After the rally, the question troubling investors is whether the uptrend will continue or is time for a reversal to happen. Trading team Stockmoney Lizards recently said that Bitcoin may soon break above its overhead resistance

Investment expert and seasoned author Linda P. Jones recently weighed in on the ongoing legal showdown between Ripple and the United States Securities and Exchange Commission. The financial analyst provided an insight into what will likely go down if the payment company and the SEC meet at the negotiation table. Talks of a potential settlement

Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S. Securities and Exchange Commission for a new spot Bitcoin exchange-traded fund (ETF). The new filing aligns with Grayscale’s ongoing effort to convert its Grayscale Bitcoin Trust into

Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days. Adams deployed the HAY token for testing five years ago, before the

In an interesting turn of events, the United States Securities and Exchange Securities (SEC) voluntarily dropped its case against Ripple executives Brad Garlinghouse and Christian Larsen on Thursday, October 19. While this move implies that the trial scheduled for April 2024 will no longer hold, the financial regulator is still pursuing other parts of the

In a surprising twist, the US Securities and Exchange Commission (SEC) has dismissed its case against Ripple executives Brad Garlinghouse and Chris Larsen.  The dismissal agreement, reached by both parties, means that the scheduled trial for April next year will no longer proceed. However, it is important to note that while the charges against Garlinghouse

Bitcoin (BTC) rose above $30,000 on Oct. 20, indicating that the path of least resistance is to the upside. Grayscale Investments filing a new application with the United States Securities and Exchanges Commission for a new spot Bitcoin ETF may have acted as a bullish trigger. In another positive news for the cryptocurrency space, the

On October 19, the US Securities and Exchange Commission (SEC) dismissed all its claims against Ripple’s CEO, Brad Garlinghouse, and Co-founder, Chris Larsen. Following this, Larsen called out the financial regulator, stating why it had to be held accountable for its actions.  Larsen Calls SEC A Rogue Administrative State In a post shared on his

In a notable turn of events, Ripple announced that CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all allegations lodged against them by the US Securities and Exchange Commission (SEC). The SEC has decided to dismiss the charges with prejudice, signaling a significant setback for the government agency. This dismissal marks the

Blockchain company LBRY Inc. — the creators of the LBRY blockchain — has issued its final message to the crypto, citing “several million dollars” of debts that have now made it impossible for the firm to continue. “This will be our last post,” said the LBRY Inc. team in an Oct. 20 statement on Odysee,

In an effort to advance the growth and adoption of the XRP Ledger (XRPL), Ripple Labs Inc. has partnered with Frankfurt-based Tokentus Investment AG, an investment company specializing in the blockchain sector. As part of Ripple’s XRPL Accelerator Program, the German investment firm will support emerging start-ups by offering mentorship and guidance. The XRPL Accelerator

From privacy coins to shiny iris-scanning orbs, zero-knowledge proofs have become synonymous with crypto, scalability and privacy. In 2022, investors gave over $700 million in funding to companies pushing the envelope with zero-knowledge proofs. This year, ZK-proofs has arguably become one of the biggest blockchain trends, with several major Ethereum scaling protocols hitting mainnet. ZK-proofs

After surging above the $0.51 mark on Monday, the XRP price has been on a decline once more. This has seen the asset drop back below $0.49 as obvious selling pressure continues to mount on the altcoin. The major focus of holders has been on where this sell pressure is coming from and a number

Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns.  In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some future opportunities for Community Points, there was no path to scale it broadly across the platform.” The Community

Ripple Labs has once again piqued the interest of the XRP community. The company’s official website might reveal an important strategic direction. The XRP army’s fervor was sparked by the discovery of a job posting for a “Shareholder Communications Senior Manager.” This position, many in the community argue, suggests that Ripple could be gearing up

The competition between Ripple and Ethereum has been a long-running one given the capabilities of both networks. This was further exacerbated by the fact that the US Securities and Exchange Commission (SEC) chose to bring a lawsuit against Ripple over XRP being allegedly a security but the same was not done about Ethereum’s ETH token.

Top Stories This Week Caroline Ellison wanted to step down but feared a bank run on FTX Caroline Ellison, former CEO of Alameda Research, testified for over 10 hours this week at Sam Bankman-Fried’s trial, offering deeper details on the events that anticipated the FTX debacle in November 2022. From Ellison’s testimony, jurors learned that

A trending move in an asset class attracts traders, while a dull price action drives investors to the sidelines. Bitcoin (BTC) has largely been stuck in a range for the past several months, which could be one of the reasons for the drop in spot volumes. Bloomberg reported on Oct. 11 that Coinbase’s spot trading