The XRP community is currently filled with discontent as concerns are on the rise over the prolonged underperformance of XRP’s price. Various community members have voiced their disappointment and criticism, urging Ripple, a world-leading crypto solutions provider, to take decisive action in addressing the challenges affecting the price of XRP. XRP Enthusiast Demands Solutions To
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Ethereum (ETH) is showing a noteworthy pattern in the options market. According to data from Deribit, a leading platform for crypto futures and options trading, there’s a significant concentration of call options for ETH around the $4,000 strike price for both the June and September expiries. Options Traders Anticipate $4,000 Ethereum This accumulation of ETH
Crypto exchange Kraken started notifying affected XRP holders about the potential monetary benefits they could receive from the class action lawsuit against Ripple. The exchange recently emerged victorious in the Zakinov v. Ripple Case. The exchange successfully intervened to protect its customers’ data from being shared without their consent. Kraken Begins The Notification Process Kraken,
In their Q4 report, Ripple Labs provided an extensive update on the performance of XRP and the company’s significant legal and regulatory strides, alongside insights into the evolving landscape of the crypto market. The document reveals a series of developments affecting Ripple, XRP, and the broader crypto ecosystem. Crypto Market Performance The report highlights a
Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization. Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission (SEC),
Ethereum staking has been ramping up despite the poor performance of the ETH price over the past year. Liquid staking protocols such as Lido Finance have continued to see the amount of ETH being staked rise, and as a result of this continued interest in staking ETH, the total amount of supply that has been
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of Ripple Labs, has offered an interesting commentary on the narrative regarding Tron founder Justin Sun working for the company years ago. Justin Sun Is Commended By The CTO Of Ripple In a recent development on the social media platform X (formerly Twitter), Justin Sun talked about
On-chain data shows an Ethereum metric is giving a bullish signal as the cryptocurrency’s price has broken past the $2,400 barrier during the past day. Ethereum Has Continued To Leave Exchanges Recently In a CryptoQuant Quicktake post, an analyst explained the recent relationship between the Ethereum price and data of the exchange netflow indicator. The
Hacken, a leading cybersecurity firm, has uncovered evidence suggesting an inside job in the recent hacking of Ripple co-founder and chairman Chris Larsen’s personal wallets. The sophisticated breach led to the loss of 213 million XRP, amounting to $112.5 million, and has since been under the microscope for its potential implications on Ripple’s internal security
Talks about a Ripple Initial Public Offering (IPO) have continued to reverberate around the crypto community. This time, crypto expert Zach Rector has highlighted how successful that event could be if Ripple becomes a publicly traded company. Can Ripple’s IPO Become The “Biggest Ever”? In a video posted on his YouTube channel, Rector posed a
Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This is seen as a crucial step towards deploying the upgrade on the mainnet, signaling Ethereum’s progress in improving transaction efficiency, and scalability and reducing transaction fees by up to 90%. As
Former Securities and Exchange Commission (SEC) Chair Jay Clayton recently commented on the long-running battle between the SEC and Ripple. Going by his remarks, there is reason to believe that the case isn’t coming to an end anytime soon. SEC Could Appeal Court’s Ruling In an interview with Henri Arslanian, the host of the Future
Yesterday, in a significant development in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), US District Judge Sarah Netburn granted the SEC’s request for Ripple to disclose more comprehensive financial details and information about its institutional sales of XRP. The court’s decision mandates Ripple to present its financial statements for
In a recent interview, Ripple’s Chief Technology Officer (CTO), David Schwartz, discussed the company’s plans to expand beyond its current focus on payments into a wider range of use cases. This pivot comes against the backdrop of the cryptocurrency industry’s evolving landscape and Ripple’s ongoing efforts to innovate within it. Ripple Is Still Committed To
Ethereum (ETH), the second largest cryptocurrency asset, is anticipated by several well-known analysts in the crypto industry to undergo a price surge in the upcoming months as the market is seeing a wave of bullish momentum. Ethereum Poised To Go Parabolic In The Upcoming Months Altcoin Daily crypto analysts have revealed three major factors that
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has seen a significant exodus from centralized exchanges in recent weeks, with data suggesting a growing preference for holding the asset outside of trading platforms. At the time of writing, ETH was trading at $2,289, down 0.7% in the last 24 hours, but managed to gain
Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that the information of these individuals shouldn’t be released without their permission. What Kraken’s Victory Means For Its Customers The court ruled that
A crypto analyst, Eric, believes Ethereum (ETH) could spike to $20,000 in the upcoming bull run. The analyst said the potential launch of spot Ethereum exchange-traded funds (ETFs) in the United States will propel this upswing. Ethereum To $20,000 Possible In a post on X, Eric cited Ethereum’s historical tendency to mirror Bitcoin (BTC), albeit with
The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Ethereum ETFs Face Delays, Approval Remains Likely According
Ripple shareholder and founder of Dizer Capital, Yassin Mobarak, has expressed his discontent over the suppressed growth and development in XRP. The private equity founder declares that XRP holders have been sold a pipe dream and may face losses after holding the cryptocurrency for an extended period. XRP Holders To Face Harsh Reality Recent developments
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