Tag: Ripple

SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’

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A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga. The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple to be dissolved and $75 million of the $125 million in civil penalties held in escrow to be returned to the crypto firm, according to a May 8 statement from the SEC. SEC Commissioner Caroline Crenshaw blasted the pending deal in a…

SEC Officially Files Settlement Agreement With Ripple Over XRP—Lawyer Outlines Next Court Moves

The SEC has finally filed its long-awaited settlement agreement with Ripple, signaling a pivotal moment that could unleash XRP’s momentum and reshape crypto regulation forever. SEC and Ripple File Final Settlement in XRP Case—Now All Eyes on Judge Torres The U.S. Securities and Exchange Commission (SEC) published a Litigation Release on May 8 announcing a […] Source CryptoX Portal

$25 Million Pledge From Ripple Set To Benefit Teachers And Students Across The US

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ripple, the blockchain technology company, has announced a significant commitment of $25 million aimed at supporting US classrooms and teachers.  This initiative is designed to equip both students and…

Ripple Launches First-of-Its-Kind $25M RLUSD Fund to Support US Education

Ripple unleashes a $25 million RLUSD initiative to uplift U.S. education, delivering digital asset-powered classroom support and driving transformative impact for students and educators nationwide. Ripple Pledges $25M in RLUSD to Support US Educators Ripple announced on May 5 a $25 million education initiative in collaboration with Donorschoose and Teach For America, pledging support for […] Source CryptoX Portal

1,000,000,000 XRP Unlocked From Escrow By Ripple As New Rules Take Effect

Key Notes American technology company Ripple Labs has unlocked 1 billion XRP from escrow outside its usual schedule. Whale Alert reported three large XRP transactions totaling 1 billion coins. Speculation arises over internal policy changes amid potential acquisition moves. International cross-border payments firm Ripple Labs, Inc., has released another one billion XRP coins from escrow. This marks a notable shift in how it handles its monthly token movements. Per the update, the recent release did not follow its usual timing and order, raising questions within the digital asset community about…

Ripple Labs Locks 700,000,000 XRP in Escrow, Price Reacts

Key Notes Ripple initiated a 700 million XRP lock-up in its monthly escrow transaction campaign. The payments firm has stayed in the spotlight recently regarding its acquisition moves. XRP price has maintained a mild uptick despite the market liquidity flush. Blockchain payment firm Ripple Labs Inc has locked 700 million XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B in escrow as part of its monthly rebalancing campaign. According to insights from Whale Alert, the action was completed in three distinct transactions of 500 million,…

Ripple (XRP) Gains 5.8%, Leading Index Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2800.9, up 1.3% (+34.92) since 4 p.m. ET on Friday. Nine of 20 assets are trading higher. Leaders: XRP (+5.8%) and SUI (+5.2%). Laggards: BCH (-6.2%) and UNI (-4.8%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Source BitcoincryptoexchangeExchanges CryptoX Portal

Ripple catching up with aggressive acquisitions.

Key Notes Ripple’s Hidden Road deal will amplify its DeFi and institutional finance capabilities. With XRP Ledger’s 3–5 seconds settlement times, the firm hopes to boost TradFi efficiency. Ripple is positioning itself amid the $16 trillion custody market by 2030. John Deaton, a prominent crypto lawyer and XRP XRP $2.32 24h volatility: 6.2% Market cap: $135.40 B Vol. 24h: $5.30 B advocate, recently commended Ripple Labs’ efforts to expand following years of legal challenges. Deaton pointed to Ripple’s $1.25 billion acquisition of Hidden Road as a clear sign that the…

Ripple President Shocks XRP Army with Product Updates

Key Notes Ripple’s acquisition of prime brokerage firm Hidden Road for $1.25 billion is back in the spotlight. XRP eyes bullish breakout with price holding above key levels. Derivatives marketplace CME Group is to launch XRP futures on May 19, boosting institutional interest. Monica Long, the President of American blockchain payments firm Ripple Labs Inc, has spurred fresh excitement within the XRP community. She recently stunned the community with updates on the company’s ongoing expansion and its latest acquisition. These developments come as the Ripple Labs-linked cryptocurrency XRP shows steady…

Ripple Takes Asia By Storm With New XRP Product, Here Are The Recent Developments

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ripple is again breaking into the Asia market with a new XRP product, which would help drive institutional adoption. This move has been made in partnership with HashKey Capital,…