Crypto | Finance
The long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is approaching a resolution. However, one critical issue remains unresolved—the permanent injunction preventing Ripple from selling XRP to institutional investors. The Final Hurdles in the Case According to journalist Eleanor Terrett, the only remaining obstacles are a $125 million penalty and…
In a move that has caught the crypto industry off guard, the U.S. Securities and Exchange Commission (SEC) has announced it will no longer require cryptocurrency firms to register as trading systems. This shift suggests a potential softening of its historically aggressive stance on crypto regulation. Crypto analyst Zach Rector reacted to the news with…
PayPal plans to expand its stablecoin, PYUSD, to more products this year. Millions of merchants will soon access PYUSD through PayPal’s bill-pay service. This move aims to boost the utility of its digital currency in everyday transactions. But not everyone is impressed. XRP President Monica Long responded with a sharp remark, saying the development “sounds…
The U.S. Securities and Exchange Commission (SEC) has scheduled a closed-door Sunshine Act Meeting for February 27, 2025. This has ignited speculation in the crypto community, especially since XRP is directly mentioned in related documents. According to publicly available information, the meeting will focus on enforcement proceedings, including the institution and settlement of injunctive actions…
XRP took a hit on Monday as President Donald Trump reaffirmed his plan to impose tariffs on Mexico and Canada starting in March. The remittance-focused cryptocurrency plunged nearly 10%, reflecting the broader market’s reaction. Crypto investors offloaded assets, wiping out nearly $230 billion in market capitalization. This decline mirrors the initial market response when Trump…
The cryptocurrency world is buzzing as a critical deadline approaches. The U.S. Securities and Exchange Commission (SEC) must respond to Grayscale’s spot XRP ETF application by October 18. This decision could mark a major milestone for XRP and the broader crypto industry. Will the SEC approve it, delay it, or reject it? Why This XRP…
Ripple is making waves in the derivatives market. Its open interest has shot up to $4.3 billion, signaling a strong market comeback. This surge follows a major dip earlier this month, and now traders are buzzing with excitement. The Rollercoaster Ride of Open Interest In mid-January, XRP’s open interest stood at $7.86 billion. But by…
Ripple is making big moves in the global payments industry. On February 11, 2025, Ripple President Monica Long announced two major expansions. The company is officially entering Portugal and strengthening the Brazil-Portugal payment corridor. Ripple Big Entry into Portugal Ripple is planting its flag in Portugal with the help of Unicâmbio, the country’s top currency…
Ripple’s CTO, David Schwartz, recently shared a decision that continues to haunt him in the crypto world. On X (formerly Twitter), Schwartz opened up about his biggest regrets, and it wasn’t about market moves or business blunders—it was personal. In a candid post, Schwartz reflected on lowering himself to someone else’s level. This sparked a…
XRP and Solana are once again making headlines. This time, the buzz surrounds the potential approval of Ripple and SOL exchange-traded funds (ETFs). These ETFs could bring a flood of institutional investment, driving prices higher. Meanwhile, a new AI-powered trading platform, IntelMarkets (INTL), is attracting massive investor interest. With over 90,000 new users, INTL is…