On-chain analytics provider Whale Alert recently revealed that Ripple (XRP) and Binance have carried out several XRP transactions worth over $170 million over the past few hours. The Ripple wallet moved 40 million coins (worth $33.2 million at press time), to one of its backup wallets named RL 18-VN. This backup wallet is the preferred […]
According to the Deaton Law Firm, led by John Deaton, the US SEC has a significant bias for Ethereum over Ripple (XRP). Deaton recently posted a thread on Twitter on Monday with proof of his claims. According to the attorney, on December 13, 2017, William Hinman, who was the head of the corporate finance department […]
Ripple (XRP) has made some decent bullish strides this week gaining over 13% as the broader market recovers. Meanwhile, Ripple has recorded a significant amount of whale transactions over the past 48 hours. Whale Alert, an on-chain analytics platform, recently revealed a 17,700,000 XRP (worth $16.8 million at press time) transfer from Bitso to an […]
According to reports, Ripple (XRP) recorded some massive coin movements just a few hours before its current recovery. At the time of the transactions, XRP traded at $0.8000. According to U.today, the value of the transactions summed up to $76 million. The first and largest transaction saw 40 million XRP (Worth $32 million at the […]
Following a recent network issue, it has become more pressing for Ripple to implement improvements on its “Trust Line” on the XRP Ledger (XRPL). Yesterday, two XRP nodes operated by Ripple, “s1 and s2,” broke synchronization with the network. The break lasted for over five hours, with users of non-custodial wallets like Xuum and xrplcluster.com […]
Ripple (XRP) CEO Brad Garlinghouse recently expressed his optimism over the ongoing XRP vs. SEC lawsuit, noting that he expects the case to end next year. Garlinghouse made the comments in an interview with CNBC Monday. Elaborating on his timeline projection for the lawsuit, the CEO noted that: “We’re seeing pretty good progress despite a […]
Following in the footsteps of Coinbase, Ripple (XRP) published a proposal for a regulatory framework for cryptocurrency dubbed “A Real Approach to Cryptocurrency Regulation” yesterday. The company explained that the proposal was its “vision for how existing financial regulatory frameworks can be used to advance innovation and enhance consumer and market protections,” elaborating that: “Today, […]
Ripple (XRP) has taken a step further into creating more innovative crypto products as the company prepares to launch a new product to provide institutional customers with digital assets services. According to Ripple CEO Brad Garlinghouse, the new enterprise-focused service, dubbed Liquidity Hub, would launch next year. Once the product goes live, institutions will have […]
Ripple (XRP) appears to have regained a decent level of bullish sentiment following positive developments from the ongoing legal battle with the SEC and Wrapped announcement. Wrapped recently announced that it would support XRP (wXRP) on the Ethereum blockchain by December. The announcement detailed that the wXRP token will receive backing 1:1 by XRP in […]
