The CEO of Ripple, Brad Garlinghouse, has slammed the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, as a “political liability.” Emphasizing that Gensler is not acting in the interests of the people or the long-term growth of the economy, the Ripple executive said: “I think at some point there will be…
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Ripple CEO Brad Garlinghouse took shots at the United States Securities and Exchange Commission Chair (SEC), Gary Gensler, during an appearance at the World Economic Forum in Davos, Switzerland. A new chair of the SEC? “I do think the chair of the SEC, Gary Gensler, is a political liability in the United States,” Garlinghouse told…
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Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt. $15 Billion of XRP Transfer Attempt Fizzles Out A failed exploit attempt on cryptocurrency exchange Bitfinex was brought to light, involving nearly $15 billion worth of XRP tokens,…
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A transaction involving a whopping 25.6 billion XRP (valued at nearly $15 billion), nearly half of the total circulating supply of approximately 54.26 billion, raised alarm within the crypto sector in the late evening of January 14. The transfer was reported to have originated from an unknown wallet to the cryptocurrency exchange Bitfinex. Were 25.6…
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The legal battle between the SEC and Ripple Labs continues, with the SEC seeking court intervention to obtain Ripple’s financial statements and data on institutional XRP sales. SEC’s Legal Pursuit of Ripple Continues With Request to Disclose Financials and XRP Contracts The U.S. Securities and Exchange Commission (SEC) has intensified its scrutiny of the cryptocurrency…
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XRP price is moving higher from the $0.4540 support. The price could start a fresh rally if there is a clear move above the $0.600 resistance. XRP is attempting a fresh increase from the $0.4540 support level. The price is now trading below $0.5950 and the 100 simple moving average (4 hours). There is a…
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As anticipation builds around the potential approval of the first spot Bitcoin ETFs in the US by the Securities and Exchange Commission, the keyword “XRP ETF” is currently trending on X (formerly Twitter). Numerous XRP community members have posted supposed proof that an ETF in the US is on its way and could soon become…
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Ever since, the relationship between Ripple’s XRP buybacks and its impact on price has been a subject of intense discussion. Crypto Mark, an active community member on X, raised a pertinent question regarding Ripple’s strategy of purchasing more of the cryptocurrency. “Shouldn’t Ripple be trying to distribute XRP and not buying more though? Would like…
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XRP price is consolidating above the $0.600 support. The price could start a fresh rally if there is a daily close above the $0.650 resistance. XRP is attempting a fresh increase from the $0.600 support level. The price is now trading above $0.620 and the 100 simple moving average (4 hours). There is a key…
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Crypto analyst EGRAG crypto recently posted an analysis of the various scenarios for the price trajectory of XRP in the near future. XRP, like most top cryptocurrencies, has received many price predictions in the past few months, as the entire crypto market witnessed a consistent increase in activity throughout the fourth quarter of 2023. However,…
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