Altcoin Watch
Some analysts predict a drop below $2, but prevailing bullish continuation and fractal chart patterns are hinting at a long-term target toward $12.50.
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Ripple News
Established in 2012 under the name OpenCoin, Ripple Labs is the software corporation responsible for creating the XRP (XRP) cryptocurrency and its accompanying distributed ledger technology (DLT), the XRP Ledger. In addition, the company has crafted a collection of payment protocols, such as RippleNet, which are designed to optimize cross-border transactions for financial entities. RippleNet serves as a counterpart to the traditional SWIFT system, aiming to revolutionize and accelerate international money transfers by leveraging blockchain technology.
Initially featuring distinct services (xCurrent for bank payments, xRapid for liquidity via XRP and xVia for API integration), RippleNet consolidated these offerings in 2019. This strategic unification aimed to broaden XRP’s application in fund transfers under a single, cohesive RippleNet banner. Ripple’s XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. The XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
In 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple and its executives, Brad Garlinghouse and Christian Larsen, which accused it of conducting unregistered securities offerings worth over $1.3 billion via XRP sales. However, in July 2023, Ripple secured a partial victory when U.S. District Judge Analisa Torres ruled that XRP sales on public exchanges did not constitute unregistered securities offerings.
- Altcoin Watch
The odds of a June rate cut have dropped sharply in the past week, raising downside prospects for riskier assets like XRP.
26210 - News
Ripple has partnered with Chipper Cash to integrate Ripple Payments into its cross-border transaction system.
11897 - Altcoin Watch
XRP price is down 3.8% today, and bulls need to hold the important support level at $2.20 to avoid a deeper correction targeting $1.60 and lower.
2212 - Market Analysis
A bearish head and shoulders trading pattern, if completed, could kick off a 55% drawdown in XRP price.
17124 - News
Polymarket users are betting that an XRP ETF will be approved this year after the SEC dropped its appeal against Ripple.
13401 - News
Ripple chief legal officer Stuart Alderoty said the firm had agreed to drop its cross-appeal with the SEC and will be refunded roughly $75 million from an August 2024 judgment.
5639 - Markets News
XRP price is up 3% today, and improved market sentiment, anticipation of legal clarity and support from the 50-day SMA point to a higher move in the short term.
3255 - Newsletter
The SEC’s dismissal of the four-year legal case against Ripple is a “victory for the industry,” said Ripple CEO Brad Garlinghouse.
10695 - Market Analysis
In January, spot market traders drove the XRP price to an all-time high, and data shows this pattern emerging again. Are new highs in store?
7930 - News
Market participants have already been expecting the SEC to drop it’s four-year lawsuit against Ripple Labs, due to the Trump administration’s more crypto-friendly regulations.
6932 - Altcoin Watch
Ripple still faces a legal hurdle with an injunction preventing XRP sales to institutional investors, but price chart technicals are showing promise nonetheless.
21222 - News
Mt. Gox and Ripple co-founder Jed McCaleb is looking to send his company Vast’s commercial space station “Haven-1” into orbit and win a NASA contract in 2026.
10680 - News
The approval of the first spot SOL ETF may be the “next logical step” after the debut of the SOL futures ETFs, industry watchers told Cointelegraph.
4267 - Analysis
The high-profile SEC case against Ripple seems to have come to a close, but the crypto industry still doesn’t have the legal framework it wants.
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