XRP Community Questions One-Week Extension in Ripple Vs SEC Lawsuit and Speculates on Summary Judgement
The XRP community is discussing whether the recent one-week extension for filing unredacted versions of cross motions, including the Bill Hinman emails, is part of a larger plan in the Ripple Vs SEC lawsuit.
Crypto Market Remains Risk-Averse Ahead of Fed Chair Powell's Speech After Hawkish Comments by Other Officials
The cryptocurrency market showed caution on Friday, with attention turning to a speech by Fed Chair Jerome Powell following hawkish comments from other central bank officials. Bitcoin remained flat at just below $27,000, while other major coins experienced moderate losses except for Ripple's XRP.
DigiToads Emerges as a Safe Haven for Investors Amid Regulatory Challenges in Crypto Market
Investors are looking for safe investment options that offer potential growth and stability, and DigiToads (TOADS) is emerging as an attractive choice.
Bitcoin Slips Under $27K, Altcoins Slightly in the Red
Bitcoin experienced a significant drop in value over the past 24 hours, reaching its lowest price in a week. Other altcoins have also seen minor declines, with Lido DAO's token experiencing the biggest drop at over 6%.
XRP Outperforms Bitcoin as Global Digital Asset Market Sees Selling Pressure
On Friday, major cryptocurrencies like Bitcoin and Ethereum experienced a decline in their indexes due to a surge in selling pressure in the global digital asset market.
Ripple CEO Warns “Confusing Laws” Will Push Crypto Firms To Leave US
Ripple and Coinbase are leading the charge for regulatory clarity around virtual digital assets, but the SEC warns that it is a lengthy process. Ripple CEO Brad Garlinghouse has expressed concern that unclear regulations may push more crypto firms out of the US, prompting his company to actively seek investment and employment opportunities abroad. Garlinghouse specifically mentioned Europe as a leader in crypto regulation, citing the constructive dialogue between entrepreneurs and regulators as a key factor. As a result of growing uncertainty in the US, investment is moving to other jurisdictions, with Europe benefiting significantly. For those looking to stay up-to-date on the latest cryptocurrency news and trends, our updated list of crypto Telegram channels offers valuable insights and information for both seasoned investors and beginners.
XRP Ledger's Network Activity Metrics Show Significant Growth in Q1 2023: Messari Report
According to a report by cryptocurrency analytics firm Messari, the XRP Ledger (XRPL) saw significant growth in both the number of unique daily active addresses and daily transactions in Q1 2023 compared to the previous quarter. The number of daily active addresses on XRPL increased by 13.9%, while the average daily transaction count rose by 10.7%. However, the number of new addresses slumped in Q1 2023 compared to the previous quarter. XRP's price surged by 56% QoQ, and it currently has a valuation of $24.15 billion, ranking as the sixth-largest cryptocurrency by market cap.
Ripple Launches CBDC Payment Platform with Fubon Bank in Hong Kong Pilot Program
Ripple Labs has partnered with Fubon Bank to launch a new payment platform for a central bank digital currency (CBDC) in Hong Kong. The platform will be part of Hong Kong's new e-HKD pilot program, which aims to explore the use cases and implementation issues of e-HKD. The Ripple-Fubon Bank tie-up will offer solutions for real estate asset tokenization and equity releases using the CBDC. The CBDC platform can facilitate central banks, governments, and financial institutions to issue their own CBDCs and manage the digital currency's full life cycle.
Bitcoin and Ether prices fall, Ripple XRP gains following launch of CBDC platform
Bitcoin and Ether experienced a drop in prices on Friday morning in Asia, with Litecoin also recording losses. However, XRP was the only cryptocurrency in the top 10 non-stablecoin category to see gains, following the launch of its new central bank digital currency platform by Ripple. U.S. equity futures rose after a strong rally in regular trading on Thursday, with positive earnings reports and debt ceiling talks playing a role. Despite the dip in Bitcoin's price, financial analyst Tone Vays believes that the halving cycle will cause Bitcoin to rise again.
Tradecurve Surpasses XRP and Uniswap in Presale Momentum with Unique Features and Borderless Trading Experience
Tradecurve (TCRV) is gaining interest from the community for its unique offerings, despite being only in phase one of its presale. The platform plans to offer a borderless trading experience with deep liquidity across thousands of assets, algorithmic trading, VIP account services, negative balance protection, and more. Tradecurve also intends to offer token holders benefits like staking, exclusive rewards and bonuses, and discounts on trading fees. With its current momentum, Tradecurve is on track to be the next big thing in the crypto market.
