Ripple CTO Submits That XRP Could Make a Good Collateral
Ripple's Chief Technology Officer, David Schwartz, has stated that XRP could make a good collateral asset. Schwartz made the comments during an interview with a financial media outlet, where he discussed the potential use cases for XRP in the financial industry.
Biggest Movers: XRP Nears 5-Month High to Start the Week, Despite Crypto Market Consolidation
Xrp moved back towards a five-month high on Monday, as prices surged for a third straight session. The token formerly known as ripple was one of the very few gainers to start the week, as markets mostly consolidated. Polygon edged closer to a multi-week low to start the week.
Ripple President Hopeful of a Win in XRP Lawsuit, Predicts When Decision Will Be Pronounced
Ripple's President, Stuart Alderoty, has expressed hope that the company will win its ongoing legal battle with the Securities and Exchange Commission (SEC) over the status of XRP. Alderoty has also predicted that a decision in the case will be pronounced in the coming months.
Ripple Data API Stuck That Use to Source XRP Circulating Supply Data
XRP proponent and crypto researcher, Leonidas Hadjiloizou, has pointed out that the Ripple Data API, which provides crypto exchanges and data aggregators with information about XRP's circulating supply, has not been updated since February 12. While Leonidas maintains that it is not a significant problem, he notes that failing to fix it would mean that crypto exchanges continue reporting erroneous figures. The finding has prompted calls for the XRP Ledger Foundation (XRPLF) to take over the maintenance of the API, as reflected by a poll made by Hansen.xrp. The Ripple Data API and XRP's circulating supply have been subject to controversy in the past, with Messari alleging in 2019 that Ripple's quarterly reports and the Ripple Data API offered misleading information.
XRP Lawsuit Summary Judgment May Land This Week, Suggests Case Insider
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) over XRP is waiting for the U.S. District Court to announce a Summary Judgment, which is expected to make or break Ripple's native crypto, XRP price ahead. Attorney John Deaton, who is involved in the XRP lawsuit, has suggested that a ruling in the case is closer than it appears and could be announced within the next few weeks. He added that a judgment may even be announced this week. Deaton also stated that XRP currently holds the most attractive risks/reward ratio for investors, and even if the SEC wins, Ripple and the defendants can appeal in court and gain the status quo.
Deaton Taps XRP as an Attractive Investment at Current Prices
As we approach a ruling in the United States Securities and Exchange Commission (SEC) case against Ripple, speculations about its potential implications on the price of XRP have soared. In a tweet yesterday, Attorney John E. Deaton, who represents thousands of XRP holders as a friend of the court in the extended legal battle, lent his voice to these speculations.
Ledger Issues Warning About a New Scam Targeting XRP Holders
Ledger says scammers are posing as its employees to steal users’ XRP.
Fortune Article Says Ripple and XRP Could Succeed Regardless of SEC Case Outcome
In a recent newsletter, Fortune Crypto Editor Jeff John Roberts asserted that Ripple has finally found a long-term value proposition for the company and XRP, the native token of the XRP Ledger.
