Ripple Just Won Big: $75M Back from the SEC and XRP on Fire
TL;DR Legal Windfall: Ripple wins a major legal battle against the SEC, retrieving $75M while the SEC retains $50M. Market Bounce: XRP’s price surged by over
Ripple (Latest Publications)
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
XRP Ledger Records 1M Payments in Early May, Reflecting Increased Adoption
TL;DR Milestone Achievement: The XRP Ledger processed one million payments in early May, showcasing renewed user confidence amid market volatility. Boosted by Innovation: Increased institutional interest
XRP ETF Mania Builds: $214M in Inflows and Global Approvals Signal Growing Demand
TL;DR Ripple closed its historic lawsuit with the SEC after nearly five years, cutting the fine down to $50 million and benefiting from a more favorable
No XRP ETF on the Horizon for U.S. Investors—ProShares Confirms Delay
TL;DR ProShares denied the rumors about an XRP ETF for April 30 and clarified that it only evaluates futures-based products. Ripple managed to list in Brazil
Flash Trade: $30 Million in XRP Moves in Only a Minute
TL;DR XRP’s value has risen by 3%, reaching $2.29 in the last 24 hours, after weeks of trading between $2.00 and $2.29. The recent approval of
Ripple ups its custody game to drive global tokenization, says John Deaton
TL;DR Ripple aims to integrate custody, payments, and stablecoin issuance into a single platform for financial institutions. The acquisitions of Metaco, Standard Custody, and Hidden Road
Green Light for ProShares: SEC Clears XRP Futures ETFs for an April 30 Debut
TL;DR SEC Approval: The SEC has cleared ProShares’ XRP futures ETFs, setting the stage for their debut on April 30 and marking a significant regulatory milestone
Ripple Sidelines Its IPO Plans Amid an $11.3B Valuation and SEC Victory
TL;DR Ripple suspended its IPO plans for 2025, prioritizing acquisitions and new products like RLUSD, despite its solid $11.3 billion valuation. The $1.25 billion purchase of
CME Group to Roll Out XRP Futures on May 19, Expanding Its Crypto Offerings
TL;DR CME Group announced that it will launch XRP futures on May 19, subject to regulatory approval, adding another asset to its crypto offerings. The contracts
XRP Gains Momentum as Trump’s Fed Remarks Ignite Market Confidence
TL;DR XRP broke above $2.00 and remains on an upward trend, driven by a macroeconomic environment that favors risk assets and key technical support. The announcement
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