Tag: Ripple

Ripple Acquisition Target Hidden Road Gains U.S. Broker-Dealer License by FINRA

Hidden Road, the prime brokerage firm that’s being acquired by Ripple, has obtained approval to operate as a U.S. broker-dealer from the Financial Industry Regulatory Authority (FINRA), the company said Thursday. The license, granted to its subsidiary Hidden Road Partners CIV US LLC, will allow the firm to expand its fixed income prime brokerage platform, according to the press release. With the broker-dealer status, the firm plans to offer institutional clients a broader range of regulatory-compliant services in clearing, financing and prime brokerage of fixed income assets. “[This] is a…

Ripple Labs’ Latest Acquisition Hidden Road Bags New Operating License

Key Notes Hidden Road has been approved to operate as a broker-dealer. The Ripple Labs $1.25 billion acquisition is set to boost the firm’s growth and reach. New services target both digital and traditional asset clients. Hidden Road, a prime brokerage firm now owned by Ripple Labs, has been approved to operate as a broker-dealer. The license, granted by the Financial Industry Regulatory Authority, will allow the company to work more closely with institutional investors. New License Opens More Doors for Hidden Road According to a report by Bloomberg, the…

Ripple Whale Activity Surges—Will $273 Million XRP Transfer Shake The Market?

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Recent happenings with whales have caused turbulence in the XRP market. A transaction of 131 million XRP tokens, which is around $273 million worth, has sent jitters among investors. This occurrence comes during the tough battle of XRP in attempting to cut through the resistance at $2.16. Large Wallet Transfers Raise Questions About Market Stability As per blockchain monitoring by Whale Alert, an unknown owner moved 131 million XRP between wallets in a single transaction. The activity prompted conversations on trading platforms as investors attempted to decipher the move. The…

Ripple v SEC: XRP Lawsuit on Hold as $50M Deal Progresses

A federal court pause in the Ripple-SEC case accelerates momentum toward a $50 million settlement, positioning XRP for a landmark regulatory win and market resurgence. Ripple v SEC: XRP Trial Paused Pending $50M Deal Decision A federal appellate court has temporarily paused the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and […] Source CryptoX Portal

Court grants 60-day pause of SEC, Ripple appeals case

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An appellate court has granted a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) to pause an appeal in a 2020 SEC case against Ripple amid settlement negotiations. In an April 16 filing in the US Court of Appeals for the Second Circuit, the court approved a joint SEC-Ripple motion to hold the appeal in abeyance — temporarily pausing the case — for 60 days. As part of the order, the SEC is expected to file a status report by June 15. April 16 order approving…

Ripple Talks XRP Settlement With SEC—CEO Predicts $200K Bitcoin

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Ripple eyes a landmark SEC settlement paid in XRP as CEO Brad Garlinghouse boldly forecasts bitcoin hitting $200,000, signaling explosive momentum for the crypto market. Ripple Discusses Settling With SEC Using XRP, CEO Sees $200K Bitcoin Ahead Ripple Chief Executive Brad Garlinghouse said the company’s settlement with the U.S. Securities and Exchange Commission (SEC) could […] Original

Ripple Sends 200 Million XRP Into The Shadows

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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. San Francisco-based Ripple has transferred 200 million XRP tokens, worth approximately $400 million, between company-controlled wallets. The massive movement occurred today and was first spotted by cryptocurrency tracking service…

200 Million XRP Moved by Ripple Labs, Will Price Hold $2 Support?

Key Notes Ripple Labs has shifted over $402 million in XRP to anonymous wallets. The firm has a history of moving XRP for internal liquidity management operations rather than selloffs. XRP price remains in the spotlight as the $2 mark emerges as a crucial level to watch. Blockchain payments firm Ripple Labs has moved 200 million XRP onchain, drawing the community’s attention. The transfer happened as the price of the fourth-largest cryptocurrency hovers near the $2 mark. Notably, the size of the transaction has raised some questions, especially with legal…

XRP Set to Explode? Ripple and SEC File Joint Request

Key Notes Ripple and SEC pause legal battle, signaling a near-final settlement that could reshape crypto regulation. XRP trades near critical resistance at $2.10, with RSI and Bollinger Bands hinting at an imminent breakout. The SEC withdrew its appeal in March against Ripple Labs, sparking settlement rumors. American fintech firm Ripple and its cryptocurrency XRP are once again the center of attention in both legal and market circles amid a notable development in the legal battle against the United States Securities and Exchange Commission (SEC). At press time, the cryptocurrency…

Defining Moment for XRP: Ripple CTO Highlights XRP’s Potential in Multi-Trillion-Dollar Ecosystem

Ripple’s $1.25 billion Hidden Road acquisition supercharges XRP’s role in global finance, unleashing instant, cross-asset settlement and bridging blockchain with trillions in traditional capital. XRP to Anchor Cross-Asset Settlement in Ripple’s Hidden Road Brokerage Play Ripple’s entry into prime brokerage through its $1.25 billion acquisition of Hidden Road is expected to significantly elevate the utility […] Source CryptoX Portal