SEC Commissioner Admits Her Colleagues Performed a “Shorthand” Analysis on XRP
SEC Commissioner Hester Peirce concedes that her colleagues at the United States Securities and Exchange Commission (SEC) failed to carefully analyze the digital token XRP before filing the lawsuit against Ripple in December 2020. Recall that the SEC official had earlier said that Ripple would win the long-standing XRP lawsuit.
XRP Losing Momentum Together with Other Major Cryptocurrencies
The XRP cryptocurrency, along with other major cryptocurrencies, is losing momentum as they approach a horizontal support level.
Ripple CTO Offers Simple Metric To Distinguish Securities From Commodities
Schwartz attempts to dispel the confusion on what constitutes a security and commodity in the crypto space.
Whales Shuffle 444M+ Tokens As XRP Battles for $0.40 Spot
These 444M+ tokens were moved in just four transactions, with the single largest transaction accounting for 252M+ tokens.
Whales Shift 500 Million XRP
It looks like major crypto whales are not affected by the recent price movement or pending outcome of the XRP lawsuit. As per the data provided by WhaleAlert, over 540 million XRP (approx worth $216 million) have been moved in the last 24 hours. The largest transaction recorded by the tracker has been of moving 205 million XRP (approx worth $81.7 million) to an unknown wallet.
Crypto Community With 77% Historical Accuracy Sets XRP Price for February 28, 2023
As the week started on a less bullish note for most assets on the cryptocurrency market and the prolonged legal battle between Ripple and the United States Securities and Exchange Commission (SEC) is waiting for its conclusion, the community has projected the possible price of XRP by the end of the month.
Ripple’s CTO Confirms ‘Never Happening’ Proposal As XRP Momentum Slides
A section of the Ripple [XRP] community has long hoped for approval for the token’s buyback proposal since 2021. But all that desire may now be a pipe dream as the project’s Chief Technology Officer (CTO) put a nail to the coffin.
XRP Buyback Proposal Looks Like a Scam, Says Ripple CTO
The controversial proposal has resurfaced again, dominating discussions within the XRP community.Ripple’s chief technology officer, David Schwartz, has offered his opinion on the controversial XRP buyback proposal, saying it looks like a scam.The Ripple executive made this known in a tweet yesterday. It came in response to an XRP community member who requested his thoughts on the controversial proposal.
Ripple Bought $8.4 Billion XRP Since SEC Lawsuit To Sustain Token Price
The latest reveals that Ripple has been a major buyer of XRP in the secondary markets. The company expects to continue to undertake even higher XRP purchases as its On-Demand Liquidity (ODL) service continues to gain global prominence.
Why Pro-Ripple Lawyer Says XRP Can’t Be Classed as a Security Even if It Was Sold as One
U.S. Attorney John Deaton has explained in-depth why the XRP cryptocurrency cannot be classified as a security even if blockchain payments company Ripple sold it to the public as an investment contract.
