Binance Pay Partnership with Alternative Airlines
July 4 (Cointime) - On a more positive note, Binance announced a partnership with Alternative Airlines, allowing cryptocurrency holders to book flights on 600 airlines using over 70 digital assets supported by Binance Pay, with a 3% discount for bookings made between July 1 and August 31.
CoinMarketCap Ranking Shows Most Coins Returning to Bullish Trend
July 4 (Cointime) - Most major cryptocurrencies are experiencing a bullish trend, as reported by CoinMarketCap. Bitcoin has seen a slight increase in value, but remains in the middle of its trading channel. Ethereum has outperformed Bitcoin, with its value rising after breaking through the $1,927 level. XRP has not seen the same increase as other coins, and is expected to continue trading sideways for the foreseeable future.
Crypto Lawyer Explains Why Ripple Lawsuit Decision is More Significant Than Ever
July 4 (Cointime) - Crypto lawyer John Deaton has stated that the decision in the Ripple lawsuit is becoming increasingly significant as time passes, with two possible outcomes: a positive ruling for XRP would be good news for other coins, while a negative outcome would maintain the status quo and could accelerate the SEC's enforcement agenda.
Binance Pay now supports Dogecoin, XRP and other digital currencies for flight bookings with 3% discount
July 1 (Cointime) - Binance Pay has announced that users can now use Dogecoin, XRP, and other supported digital currencies to pay for flights with over 600 airlines worldwide through a collaboration with Alternative Airlines.
XRP Lawsuit Verdict Expected to Bring Clarity to Crypto Market
July 1 (Cointime) - The global crypto industry is eagerly awaiting a Summary Judgment in the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple over the nature of XRP tokens.
XRP, ADA, and ALGO Investors May Join Coinbase's Defense in SEC Lawsuit, Says XRP-Friendly Lawyer
June 29 (Cointime) - XRP, ADA, and ALGO investors may come to the defense of Coinbase, as suggested by XRP-friendly lawyer John E. Deaton. Coinbase has filed a motion to dismiss the SEC lawsuit against it, using the Major Questions Doctrine, which Deaton believes is a strong legal argument.
XRP Whales Buy the Dip: Acquire 360 Million Worth of XRP for Almost $170 Million
June 29 (Cointime) - The future of XRP remains uncertain due to the ongoing legal battle between Ripple and the SEC, causing speculation among crypto traders. However, despite a recent decline in price, XRP whales have taken advantage of the dip and purchased 360 million worth of XRP for almost $170 million.
XRP Showing Bullish Signal Amid Trader Capitulation, According to Crypto Analytics Firm
June 28 (Cointime) - According to Santiment, XRP is displaying a slight bullish sign as it is experiencing mild trader capitulation compared to other digital assets that are seeing mild profit-taking. Historically, coins that move at a greater ratio at a loss compared to profit have a higher likelihood of increasing in value.
Attorney Deaton Dispels Rumors of Judge Torres Being on SEC's Payroll in Ongoing SEC vs. Ripple Lawsuit
June 28 (Cointime) - Pro-XRP lawyer John Deaton has dismissed rumors that Judge Analisa Torres is on the SEC's payroll. During a recent CryptoLaw broadcast, Deaton addressed the rumors that something suspicious was happening behind the scenes of the ongoing SEC vs. Ripple lawsuit.
Volante Technologies Endorses Ripple's Potential for Payment Service Providers at EBAday Event
June 28 (Cointime) - During an EBADay event, Volante Technologies, a cloud payments partner, recognized Ripple's potential to revolutionize cross-border payments and affirmed that it presents a significant opportunity for Payment Service Providers (PSPs).
XRP's Daily Active Addresses Could Indicate Another Price Pump, Following Historical Patterns
June 27 (Cointime) - XRP may be gearing up for a price increase based on historical patterns observed in past cycles, as seen in recent spikes in daily active addresses. Despite failing to hold above the $0.50 threshold during the latest market-wide rally, on-chain data suggests a potential pump if the pattern repeats itself.
Ripple Denies Rumors of Buying Back 10 Billion XRP Tokens Worth $5 Billion
June 26 (Cointime) - Cryptocurrency social media has been abuzz with rumors that Ripple plans to buy back 10 billion XRP tokens worth nearly $5 billion.
Former Ripple Director Points Out XRP Ledger's Solution to Blockchain Problems Ignored by Ethereum Hackathon Team
June 26 (Cointime) - Former Ripple Director, Matt Hamilton, expressed his frustration on Twitter after witnessing a team at a hackathon claim to have solved the problem of low transaction fees on the Ethereum blockchain. Hamilton pointed out that the XRP Ledger (XRPL) had already addressed this issue back in 2011, long before Ethereum was created.
Uncertainty Looms Over XRP Token Holders as Ripple's Lawsuit Against SEC Continues
June 26 (Cointime) - The SEC's lawsuit against Ripple has seen a new development following the release of Hinman documents, causing uncertainty for XRP token holders as they await the Summary Judgment. Despite the possibility of the judgment being delivered as late as the end of 2023, there is optimism that Ripple will emerge victorious. Attorney Kylie Chiseul Kim has withdrawn from the case, but Ripple has clarified that this will not affect the lawsuit. Meanwhile, there is ongoing debate about Judge Analisa Torres' delay in delivering the Summary Judgment.
XRP Price Declines as Ripple Selling Debate Continues
June 26 (Cointime) - Over the past 24 hours, the value of XRP has decreased by 2.5% and is currently trading at $0.48. Despite a bullish surge last week that pushed the price to $0.527, the overall crypto market has stabilized, allowing for price consolidation.
Kotak Mahindra Bank's E-Rupee Project: Is Ripple Technology Involved?
June 25 (Cointime) - Despite the SEC lawsuit affecting XRP's growth, Ripple's software products are still making an impact on the digital assets market. Ripple's CBDC platform is being developed with several central banks globally, and Indian banks have been rolling out the pilot of the Digital Rupee e₹ project. Kotak Mahindra Bank joined RippleNet in 2018 to work on cross-border transactions, and it is speculated that the same Ripple technology is powering the bank's new E-Rupee project. However, it is likely that only Ripple's tech products are involved in the project and not the XRP token.
XRP Lawsuit Summary Judgment Expected to Provide Clarity on "Security" Categorization as XRP Holders Raise Concerns
June 24 (Cointime) - The Summary Judgment in the ongoing legal battle between the SEC and Ripple is expected to bring clarity to the categorization of XRP as a security. However, concerns have been raised by XRP holders regarding the nature of XRP during various stages of sales. One XRP holder stated that they invested in XRP due to their knowledge of Ripple, and that their first purchase was made after reading an article about potential bank usage. XRP holders' lawyer, John Deaton, clarified that if Ripple had direct contact with the buyer and sold them XRP, then there is a valid argument for XRP satisfying the prongs of the Howey test.
Cardano Founder Denies Working with Ripple as an Intern, Says People Confuse Him with Ethereum's Co-Founder Vitalik Buterin
June 24 (Cointime) - Charles Hoskinson, the founder of Cardano, has denied rumors that he worked as an intern for Ripple. He took to Twitter to clarify that he never worked for Ripple in any capacity and that people are confusing him with Ethereum co-founder Vitalik Buterin, who applied for an internship at Ripple in 2013 but was unable to work there due to visa issues. Hoskinson's tweet sparked reactions from the crypto community, with some making fun of the situation while others urged him to focus on building Cardano. Former Ripple executive Matt Hamilton confirmed that Buterin had applied for an internship at Ripple.
XRP Price Surge Backed by Legal Battle and Global Expansion: Outperforming Bitcoin and Ethereum
June 23 (Cointime) - XRP, Ripple's native cryptocurrency, is experiencing a surge in price due to positive sentiments from the ongoing legal battle with the SEC and Ripple's global expansion. Despite a recent correction, XRP has outperformed Bitcoin and Ethereum in the last 90 days, with a 45% increase year-to-date. Ripple is also supporting the launch of Central Bank Digital Currencies, including the Central Bank of Montenegro and the Central Bank of Brazil's plan to launch a CBDC in 2024.
Pro-XRP Lawyer Comments on Ripple's In-Principle Approval in Singapore and Lack of Price Reaction
June 23 (Cointime) - Pro-XRP lawyer John E. Deaton has commented on Ripple's recent In-Principle approval from the Monetary Authority of Singapore (MAS), stating that the news is significant given that fewer than 20 companies have received such a license. However, Deaton noted that the price of XRP did not react to the news, despite the fact that it will be utilized as part of Ripple's license.
