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A trio of crypto whales just moved large amounts of XRP as the sixth-largest crypto asset witnesses one of its most bullish stretches so far this year. Whale-watching bot Whale Alert initially spotted the transfers of deep-pocketed investors amounting to over $61.04 million worth of XRP. One of the largest transfers in the past day […]
Ripple Labs president Monica Long expects a positive outcome in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) alleging its XRP token to be a security. Long says in a new CNBC interview that she is “very hopeful” that the ruling in the lawsuit will be in Ripple’s favor. While predicting that […]
A closely followed crypto strategist is turning bullish on Bitcoin (BTC), saying a clear breakout pattern is forming for the near term. Speaking in a live stream with Scott Melker, pseudonymous trader and analyst Cheds says Bitcoin is likely to rally about 5% from its current value. He says Bitcoin appears to be forming an […]
Ripple Labs is moving hundreds of millions of XRP tokens after the crypto asset sparked a 35% move to the upside this week. According to new on-chain data from whale-surveying service Whale Alert, the payments firm suddenly moved 120,000,000 XRP, worth about $58 million at the time of its transfer, from Ripple to an unknown […]
Attorney and XRP supporter John Deaton thinks the public will eventually get to see the much-discussed “Hinman emails.” The documents have been one of the most contentious issues in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against San Francisco payments company Ripple. They contain internal SEC deliberations about a speech delivered by former SEC official […]
A closely followed crypto trader is updating his outlook on XRP, a payment token project caught up in a federal lawsuit. Pseudonymous analyst Cantering Clark tells his 162,200 Twitter followers that XRP is likely to see a surge if it prevails in its lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC sued […]
Ripple chief executive Brad Garlinghouse says his company remains financially robust despite its exposure to the now-collapsed Silicon Valley Bank (SVB). Garlinghouse says that SVB was a banking partner and held some of Ripple’s cash balance. “Fortunately, we expect NO disruption to our day-to-day business, and already held a majority of our USD with a […]
Pro-XRP lawyer John Deaton says he “wouldn’t be surprised” if there’s a summary judgment decision on the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple in the coming days or weeks. Deaton says in a new interview with Fox Business that he doesn’t think the case will end well for the SEC. “I think […]
Crypto whales are moving Bitcoin (BTC), Ethereum (ETH) and two other digital assets worth hundreds of millions of dollars in multiple transactions. Starting with Bitcoin, blockchain-tracking platform Whale Alert says that deep-pocketed BTC investors have moved 25,820 BTC worth approximately $574 million. In two separate transactions, the Bitcoin was moved from Binance to unknown wallets […]
Ripple CEO Brad Garlinghouse is warning of negative consequences for the entire crypto industry if the U.S. Securities and Exchange Commission (SEC) triumphs in the lawsuit against the payments firm. In a new Bloomberg interview, Garlinghouse says that if the SEC prevails in the lawsuit in which it alleges XRP to be a security, that […]
