SEC Releases Internal Documents on Hinman's Speech, Ripple CEO Accuses Agency of Causing Chaos
The SEC has released internal documents related to former commissioner William Hinman's speech on digital assets in 2018. Ripple CEO Brad Garlinghouse has accused the SEC of causing chaos in the industry by releasing the speech, which had warnings from agency members about creating confusion in the market.
XRP Price Rises on Anticipation of Favorable Outcome in Ripple's Legal Battle with SEC
On June 13, the price of XRP rose by 7.4% due to traders' optimism regarding Ripple Labs' legal battle with the SEC. The release of information related to former SEC employee William Hinman caused the price to increase faster than the general crypto market. Ripple CEO Brad Garlinghouse believes that the Hinman documents may provide clarity on XRP's legal position.
Ripple CEO Hints at Significance of "Hinman Documents" in Ongoing Legal Battle with SEC
Ripple CEO Brad Garlinghouse has tweeted that the "Hinman documents" are "well worth the wait," suggesting their potential significance in the ongoing legal battle between Ripple and the SEC. The documents are expected to be unsealed this week and are named after William Hinman, the former Director of the Division of Corporation Finance at the SEC.
SBI CEO Predicts XRP Price Surge and Ripple Labs Going Public After Legal Battle
Yoshitaka Kitao, the chairman and CEO of SBI Holdings, has made optimistic predictions about Ripple Labs and the price of XRP. Kitao believes that the ongoing legal battle between Ripple and the SEC over XRP's classification as an unregistered security could end in the next few weeks.
XRP Attracts Promising Investment Inflows Amid Crypto Market Downturn
Despite the current crypto market downturn, XRP has attracted significant investment inflows, with half a million dollars invested in investment products oriented on XRP in the last week alone. This brings the cumulative inflow since the beginning of 2023 to an impressive $4 million.
Cardano Founder Charles Hoskinson and XRP Community Agree to Make Peace Amid SEC Lawsuits
Cardano founder Charles Hoskinson and the XRP community are reportedly making peace after a period of trolling and criticism.
Bitcoin Maxi Max Keiser Launches Scathing Attack on XRP Amid SEC Lawsuit Against Binance
Bitcoin advocate Max Keiser has once again criticized XRP, causing tension within the XRP community. Keiser's tweet was prompted by the SEC's lawsuit against Binance, which did not mention XRP as a security. However, Keiser's tweet and subsequent exchange with XRP enthusiasts have been interpreted as a sign of insecurity and obsession with XRP.
XRP Emerges as the Most-Traded Cryptocurrency in South Korea Outside of Bitcoin and Ether
According to data from Kaiko, South Korean crypto traders are not necessarily Bitcoin or Ethereum maximalists, but rather XRP maximalists. In fact, XRP is the most popular cryptocurrency in South Korea after Bitcoin, accounting for 12% of non-BTC and ETH volume.
Crypto Analysts Predict Impending XRP Surge as Asset Records Highest Weekly Close in Over a Year
Crypto traders and analysts are predicting a potential upward surge for XRP as the asset registers its highest weekly close in over a year. Positive signals in XRP's charts have been identified, with the asset setting up a motion to push forward despite market-wide turbulence.
Debate on the Origins of XRP Leaves Many Astonished
A member of the crypto community engaged in a Twitter debate with a Ripple representative about the creation of XRP. The debate raised questions about the origins and development of XRP, including allegations of theft and agreements with original developers.
