The Urban Mine

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XRP

XRP is a native digital asset created in 2012 by Ripple Labs and is designed for global payments. XRP is a faster, less expensive, and greener alternative to Bitcoin

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Ripple Executives Say Russia Won’t Be Able To Use Crypto To Evade Sanctions – Here’s Why

Two senior executives at San Francisco, California-based payments company Ripple are expressing pessimism over Russia’s ability to bypass sanctions using cryptocurrencies. Ripple CEO Brad Garlinghouse says in a tweet that “there are factual reasons why crypto can’t be used on the broad scale for Russia to evade sanction.” According to Garlinghouse, there are “extremely stringent” […]

Former SEC Insider Says Regulator Has ‘A Lot Riding’ on Case Against Ripple

Former U.S. Securities and Exchange Commission (SEC) executive Joseph Hall says he’s “perplexed” by the SEC’s lawsuit against Ripple. The regulator sued the San Francisco-based payments company in December of 2020 for allegedly issuing XRP as an unregistered security and claims XRP remains an unregistered security to this day. In a new interview with the […]

Ripple CEO Brad Garlinghouse Says the Truth Is Out After Legal Documents Get Unsealed in XRP Lawsuit

Newly unsealed legal memos indicate Ripple sought legal opinions about XRP’s potential to be classified as a security as early as 2012. The U.S. Securities and Exchange Commission (SEC) sued the San Francisco-based company in December of 2020 for allegedly issuing XRP as an unregistered security and says it remains an unregistered security to this […]

Here’s What’s Next for Bitcoin, XRP and One Low-Cap Altcoin in the Week Ahead, According to Top Crypto Trader

A popular crypto strategist and trader is mapping out what’s ahead for Bitcoin (BTC), XRP and one low-cap altcoin this week amid the uncertainty in the broader digital asset market. The pseudonymous analyst known in the industry as Credible tells his 310,600 Twitter followers that he’s expecting Bitcoin to continue consolidating this week in order […]

SEC Makes ‘Big Blunder’ in XRP Lawsuit, According to Crypto Legal Expert Jeremy Hogan

Attorney and crypto legal expert Jeremy Hogan says that the U.S. Securities and Exchange Commission (SEC) has made a big mistake in its lawsuit with Ripple Labs. The SEC sued Ripple Labs in December of 2020 for allegedly issuing XRP as an unregistered security, and says it remains one to this day. In a new […]

Crypto Whales Gobble Up Over $708,000,000 in XRP Amid Massive Accumulation Spree: Analytics Firm Santiment

Crypto analytics firm Santiment says big players in the world of cryptocurrency are buying XRP at a frantic pace. The market insights agency says that the current rate of XRP’s whale accumulation has been topped just once in the last half-decade. “The second-largest XRP accumulation in the past five years by top-tier whales is in […]

Banking Giant DBS To Offer Retail Crypto Trading Starting Late This Year, According to CEO

The largest bank in Singapore is making a move towards crypto with plans to offer retail trading services for some of the largest crypto assets by market cap. In a new earnings call, DBS Bank CEO Piyush Gupta says that the banking giant plans to expand its current crypto operations. DBS first rolled out its […]

Rallies on the Horizon for Bitcoin (BTC), XRP and Shiba Inu (SHIB): Coin Bureau

One popular crypto analyst foresees imminent breakouts for Bitcoin (BTC), XRP, and Shiba Inu (SHIB). In the latest update from Coin Bureau, pseudonymous host Guy tells his 1,940,000 subscribers that he sees a small bull flag for the largest crypto asset by market cap. Bull flags are technical patterns consisting of a price spike and then […]

Ripple Partners With Central Bank Digital Currency Think Tank

Ripple has partnered with the Digital Euro Association (DEA) to jointly work on central bank digital currencies (CBDCs). The DEA, based in Frankfurt, Germany, is a think tank focused on CBDCs, stablecoins, crypto assets and other forms of digital money. The organization aims to influence CBDC and crypto-related policy through research and giving a platform […]

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