XRP investors face rising threats as scammers hijack Youtube accounts to mimic Ripple, pushing fake giveaways just as the token rallies on ETF and adoption momentum. Ripple Warns XRP Users as Scammers Rebrand Youtube Accounts to Appear Official Ripple Labs issued a fraud alert this week via social media platform X, warning of a sharp […] Source CryptoX Portal
Top Stories of The Week Australian fintech Finder wins court battle over crypto yield product The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. In a Thursday court decision, Justices Stewart, Cheeseman and Meagher confirmed a previous judgment that Finder Wallet and Earn complied with consumer financial laws. The federal court “confirmed the initial finding that Finder Earn was not a financial product,”…
Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse, has issued a serious warning to XRP investors amid a surge in scam activity targeting investors across social media platforms like YouTube. The alert follows increasing reports of fraudulent accounts impersonating Ripple and its executives, with the aim of tricking users into sending their XRP. Ripple Warns Investors Of Rising XRP Scams On July 23, Garlinghouse took to X social media to raise the alarm on a sharp rise in XRP scams, urging investors and community members to stay alert. According to the…
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Renowned market expert with X username CasiTrades has shared an interestingly bullish insight on the XRP market. Notably, this price forecast comes following a broader crypto market correction in the past week, during which XRP has registered a 6.74% price decline. XRP Bulls Eye Return To ATH After $3 Retest In an X post on July 25, CasiTrades shows that XRP is on the brink of a major price surge based on the indications of the Elliot Wave Theory – a technical framework that proposes that price movements occur in…
Key points: Ripple co-founder Chris Larsen sparks warnings to XRP investors after a wallet linked to him sends 50 million tokens to exchanges. Larsen notionally has over 2.5 billion XRP left, which would create massive selling pressure if distributed. XRP/USD currently trades 13% below recent all-time highs, failing to recover after the sell-off. XRP (XRP) investors face new warnings over becoming “exit liquidity” after Ripple co-founder Chris Larsen moved 50 million tokens to exchanges. In a response on X, J. A. Maartunn, a contributor to onchain analytics platform CryptoQuant, told…
Crypto analyst Steph has issued a warning to XRP investors regarding the current price action. He alluded to a multi-year resistance that the altcoin has struggled to break, noting that this should be the major focus as it eyes new highs. XRP Needs to Break Above the $3.6 Resistance In an X post, Steph shared a video in which he analysed the XRP monthly chart, dating back to the 2020 bull run. He highlighted an upward-sloping trendline for the altcoin, which showed that the altcoin has faced rejection at around…
Key Notes Wellgistics Health secures $50 million in credit to build XRP reserves for treasury use. The firm files with the SEC to become the first U.S. healthcare company to use XRP. The XRP price is in a bullish mode, as massive utility sentiment triggers investor interest. Ripple Labs’ associated coin XRP is making headlines again. Wellgistics Health, Inc. (NASDAQ: WGRX) has taken a bold step by filing to adopt the coin as part of its treasury management. The company, based in Florida, plans to commit up to $50 million…
After starting the week at $3.45 and peaking at $3.64 on July 21, XRP fell more than 13% to $2.99. It later recovered, ultimately closing the week at $3.18, marking an overall loss of just under 8%. Conversely, BCH emerged as the biggest gainer, rising 8.7% to around $555. BNB followed with a 6.7% increase, […] Source CryptoX Portal
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