According to the latest XRP Markets Report, Ripple, a blockchain company developing global payment products, sold over $361 million of XRP tokens in Q1. $361 million is a significant increase from the previous quarter, which saw sales of $226.31 million. These numbers were...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied David Schwartz, chief technology officer of Ripple, has cautioned investors against holding XRP in an automated market maker (AMM). Schwartz has explained three main reasons why owners of XRP...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A new hearing in the class action lawsuit filed against Ripple Labs referred to as Zakinov v. Ripple, is set to take place on April 26 in the United...
Ripple’s chief technology officer, David Schwartz, recently made some interesting statements during an exchange on Twitter. Most notably, Schwartz confirmed that XRP sales make up the majority of Ripple’s revenue. In a thread posted on April 14, Schwartz addressed each of the ten...
In a recent tweet, a prominent trader who goes by “Tree of Alpha” indicated that a favorable ruling about the status of XRP in the SEC lawsuit against Ripple would be the most important news for cryptocurrency traders. The trader thinks that if...
The Central Bank of Montenegro (CBCG) is collaborating with Ripple to develop a strategy and pilot program for the country’s first Central Bank Digital Currency (CBDC), or national stablecoin. The collaboration was announced in an April 11 press release. Its aim is to...
A lawyer representing thousands of crypto enthusiasts in the case brought against Ripple by the Securities and Exchange Commission (SEC) suggested a verdict could be delivered by May 6, 2023. In an April 5 interview with Thinking Crypto, John Deaton, a cryptocurrency lawyer...
According to the 2022 report, Bitso highlighted that they processed about $3.3 billion between US and Mexico, using XRP and others. XRP moves $3.3b in US-Mexico settlements Cryptocurrency has gained momentum recently, acquiring different utilities across different jurisdictions. The most recent info is...
Ripple CEO Brad Garlinghouse has urged lawmakers in the US to address recent statements made by the chairman of the SEC, Gary Gensler. He implied that the current securities laws are sufficient for regulating the cryptocurrency market. The statements made by Garlinghouse are...
Veteran trader and renowned chartist Peter Brandt has weighed in on the U.S. commodity futures trading commission’s (CFTC) recent enforcement action against Binance and its top executives. In a tweet on March 27, Brandt alluded to the inevitability of more regulatory crackdowns and...