Tag: Ripple

Ripple At A Critical Juncture Like Amazon In 1997: Investment Pro

boss

Este artículo también está disponible en español. Ripple Labs is approaching a pivotal turning point with a potential initial public offering (IPO), a development that has been speculated about for some time. An IPO could be a transformative moment reminiscent of Amazon.com Inc.’s initial public offering (IPO) in 1997. Jake Claver, a Qualified Family Office Professional (QFOP), articulates this perspective in a thread on X, suggesting that Ripple’s strategic maneuvers could mirror the trajectory that propelled Amazon into a global tech behemoth. According to Claver, the company has cemented its…

XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike

Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appeal, as both parties brace for a prolonged legal […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Expert Calls On Ripple Community To Collectively Send XRP Price On 1,800x Rally To $1,000

boss

Este artículo también está disponible en español. The idea of the XRP price reaching $1,000 has once again gained traction as a social media platform X user called Drewski called for the Ripple community to unite in driving XRP to the unprecedented price level. While Drewski’s post reignited the conversation, the $1,000 price target is far from new, as it has been a goal shared by many XRP investors for years. Bold $1,000 Price Target For XRP Drewski’s comment on XRP echoes the entire cryptocurrency investor community. Particularly, it can…

MoonPay partners with Ripple to bring XRP to customers

Crypto payments firm MoonPay is partnering with Ripple to bring direct XRP purchases to its customers. MoonPay shared news of the partnership on X on Oct. 16, noting that its customers can now “buy, manage and store” the XRP (XRP) cryptocurrency right within their MoonPay accounts. XRP joins other popular crypto assets that MoonPay users can buy and sell directly from the app, including Bitcoin (BTC), Ethereum (ETH) and the stablecoin Tether (USDT). The app also allows customers to swap certain cryptocurrencies, including across chains. Users can buy crypto using…

Ripple Invests $25M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP

Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple’s stablecoin RLUSD, aims to challenge decentralized exchanges and offshore models. Bitnomial’s approach to bringing offshore trading models into the U.S. derivatives industry presents a significant market opportunity, […] Source CryptoX Portal

Ripple Reveals Exchanges for Stablecoin RLUSD Launch

boss

Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD […] Source

Ripple Announces Initial Exchange Partners for Ripple USD (RLUSD) Stablecoin Launch

boss

Payments firm Ripple is announcing exchange partners for the launch of RLUSD, the company’s new dollar-pegged stablecoin. According to a new press release, Ripple Labs is collaborating with crypto platforms Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish to launch Ripple USD. Beta testing for RLUSD rolled out on the Ethereum (ETH) mainnet and the XRP Ledger (XRPL) two months ago. Ripple first announced plans for RLUSD in April 2024. In a court filing in May, the U.S. Securities and Exchange Commission (SEC) argued that the planned stablecoin represented an “unregistered crypto asset.”…

Ripple Steps Toward RLUSD Launch By Announcing Exchange Partners for Its Stablecoin, Awaits Approval From NYDFS

MIAMI, U.S. – Ripple named exchange and market maker partners for its upcoming dollar-pegged stablecoin, RLUSD, on Tuesday at the Ripple Swell 2024 conference in Miami, Florida. The firm also added ex-Federal Deposit Insurance Corporation (FDIC) chair, Sheila Bair, and David Puth, the former CEO of Centre, a consortium which set standards for USD Coin (USDC), to the advisory board for its stablecoin. Source