Ripple Files Motion for Court to Toss XRP Securities Lawsuit – CCN.com

Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP’s security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that Ripple violated securities laws during the initial offering of the token; stating that XRP was intrinsic to Ripple’s operational integrity. The relationship between XRP and Ripple has been a mostly grey area. This association has been put to the test in federal…

Ripple Avoids XRP Question as It Moves to Dismiss Securities Lawsuit

Blockchain network Ripple has filed a controversial motion to dismiss a lawsuit over it allegedly selling unregistered securities. Ripple: Securities ruling beyond scope of the court In a court filing uploaded by Fortune on Sept. 20, lawyers representing the company against investor Bradley Sostack dismissed the claims against it. Part of an ongoing legal battle, Sostack says Ripple’s sales of altcoin XRP in 2013 constituted an unlawful securities offering. Ripple denies this, but the case has thrown up wider concerns over the legality of Ripple’s operations regarding XRP. As Cointelegraph…

Ripple Price (XRP) Holding Key Support: BTC & ETH Bounce Back

Ripple price is finding a strong buying interest near the $0.2850 level against the US dollar. The price is currently consolidating and it is likely to climb back above $0.3000. There is a connecting bearish trend line forming with resistance near $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could start a fresh increase if it surpasses the $0.3000 and $0.3050 resistance levels. Ripple price is trading in a positive zone against the US Dollar, while bitcoin is rebounding. XRP price must stay…

Ripple Price (XRP) Retreating From $0.32 But Approaching Supports

Ripple price extended gains and traded towards the $0.3250 resistance area against the US dollar. The price is currently correcting sharply and is trading below the $0.3000 support area. There was a break below a key bullish trend line with support at $0.3050 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to find a strong support near the $0.2840 and $0.2800 levels in the near term. Ripple price is correcting gains from the recent high against the US Dollar and bitcoin. XRP…

Ripple Price (XRP) Rallies Significantly To Start Massive Uptrend

Ripple price surged more than 15% after it broke the key $0.2650 resistance against the US dollar. The price is trading well above the $0.3000 level and it could continue to rise. There was a break above a bullish continuation pattern with resistance near $0.2930 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is showing a lot of bullish signs, with many supports near the $0.3000 and $0.2950 levels. Ripple price rallied above $0.3000 to start an uptrend against the US Dollar and bitcoin.…

Ethereum (ETH) & Ripple (XRP) Surge Sparks Fresh Rally In Altcoins

ETH price rallied further and broke the $200 and $210 resistance levels against the US Dollar. Bitcoin price is consolidating near the $10,200 and $10,250 pivot levels. There is a new connecting bullish trend line forming with support near $206 on the hourly chart of ETH/USD (data feed via Kraken). The pair is showing a lot of bullish signs and it might even surpass the $215 resistance level. Ethereum price is up close to 8% and ripple surged 18% versus the US Dollar, while bitcoin is consolidating. ETH price could…

Ripple Price (XRP) Facing Uphill Task, Can Bulls Make It?

Ripple price is still struggling to surpass the main $0.2650 resistance area against the US dollar. The price is showing a few positive signs, but it must break the $0.2650 resistance level. There is a major breakout pattern forming with support near $0.2585 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either rally above $0.2650 or it might resume its decline below the $0.2580 level. Ripple price is trading well below the $0.2650 resistance against the US Dollar, and ranging vs bitcoin. XRP…

XRP Fork Unlikely to Succeed, Ripple Continues to Face Angry Investors

The threat of an XRP fork is looming over Ripple, the San Francisco-headquartered startup behind the third-largest asset on the cryptocurrency market.  Twitter user @Crypto_Bitlord, who has over 100,000 followers and claims to own XRP, is rallying XRP investors disappointed with the token’s performance to split from the original ledger due to Ripple’s alleged XRP dumping. The plan follows a moderately popular Change.org petition submitted by the same Twitter persona titled “Stop Ripple Dumping,” which has amassed more than 3,500 signatures over the last four weeks.  Crypto Bitlord’s comment to…

Crypto ATM Chain Coinme Collects $1.5M from Ripple Xpring and Blockchain Finance Fund

One of the global leaders in cryptocurrency ATM manufacturer, Coinme, has recently kick-started its new A-1 funding round to accelerate global expansion. The interesting thing is that the company has successfully secured $1.5 million from Ripple’s Xpring and Blockchain Finance Fund. Founded in 2014, Coinme is a leading blockchain financial services provider which aims to make cryptocurrencies prevalent across the globe with crypto ATMs. It became the first state-licensed Bitcoin ATM company in the U.S. and now operates the largest Bitcoin kiosk network in the world through the partnership with…

Will Ripple CEO Address XRP Dumping At Fintech Week?

Ripple CEO, Brad Garlinghouse is a confirmed keynote speaker at this year’s DC Fintech Week. Although the agenda precludes XRP price, many see this as a further opportunity for Garlinghouse to address concerns over XRP dumping, which some attribute to price stagnation in the divisive token. Will Garlinghouse Address The Issue Of Ripple Dumping XRP? Thought leaders and attendees will gather in Washington DC on October 21-24 to deliberate all matters fintech. This year’s event includes notable industry movers and shakers, such as SEC Chair, Jay Clayton and ConsenSys founder,…