Category: XRPRUB

Breaking: FTX Becomes a $25 Billion Crypto Exchange After $420 Million Fundraise

FTX crypto exchange became one of the most valuable private crypto firms after their latest funding round. The popular crypto exchange raised $420.69 million in its latest funding round with investment from 69 investors. The latest funding round comes just months after it closed the largest funding round in crypto history with $900 million in […]

Continue Reading

Breaking: CME Ethereum Open Interest Hits $1 Billion For the First Time

The Open Interest (OI) of CME Ethereum Futures hit $1 billion today for the first time. The soaring OI valuation indicates the growing bullish trend in the market. The massive jump in Ether OI comes within hours of $ETH reclaiming its position above $4,000. The OI jumped more than twice the average of $417 million. […]

Continue Reading

XRP Lawsuit: Case extended further with Court Granting Expert Discovery Extension

The latest update in the XRP lawsuit has brought bad news for Ripple and XRP Holders, as the court granted SEC’s 2-months extension request for the expert discovery deadline in a Text-Only Order. JUST ADDED to our Document Library: Order Extending Expert Discovery to January 14, 2022 (Text-Only Order). (1/5) https://t.co/P16CwGWGJO — CryptoLaw (@CryptoLawUS) October […]

Continue Reading

Breaking: Bitcoin ($BTC) Smash Past $66K to Record New ATH, $70K by EOD?

Bitcoin ($BTC) finally broke past the $65K barrier to record a new all-time-high as the top cryptocurrency now looks to enter price discovery mode again. $BTC is currently trading at $66,000with a 5% surge over the past 24-hours. The top cryptocurrency now set eyes on $70K and looking at the current bullish momentum it might not […]

Continue Reading

XRP Lawsuit: XRP Holders approach the court regarding the expert discovery extension dispute

The latest development in the XRP lawsuit saw Attorney Deaton write to Judge Torres on behalf of Movants (XRP Holders) to consider the community’s “meaningful perspective” to aid the Court in “reach[ing] a proper decision” in Expert discovery deadline extension dispute. The letter noted that while the court formerly denied Movants’ Motion to Intervene in […]

Continue Reading

Breaking: Australian Parliamentary Committee Sets Guidelines to Give Crypto Industry a Big Push

Australia’s parliamentary committee on crypto-assets aims to bring concrete regulatory and policy changes to give a major push to the crypto industry in the country. The committee believes Australia needs a robust policy and regulatory changes to help it compete against the global leaders. The said committee released a draft report on 20th October outlining […]

Continue Reading

XRP Lawsuit: Ripple objects further extensions in lieu of frozen XRP markets

The latest update in the XRP lawsuit saw Ripple file an opposition to the SEC’s letter seeking a two-month extension of the Court-ordered expert discovery deadline, dragging the case further into the new year. Ripple noted that while it agreed to extend the deadline for rebuttal expert reports to November 12, expert discovery should not […]

Continue Reading

Ripple CEO Calls Gensler and Clayton’s Meeting Before XRP Lawsuit “Bad Optics,” Here’s Why

The XRP lawsuit seems far from over as the latest happenings in the case indicate a possible extension into the new year as well. What started as SEC’s crackdown on unregistered securities has taken a different turn as the case has progressed and now it seems SEC is the real defendant in the case as […]

Continue Reading

XRP Price Analysis: XRP Price May Enter Intraday Oversold Levels, Time to Buy?

Ripple’s XRP price has recently seen a decline in volatility, after an earlier price hike three weeks ago. Its on-chain metric, the market-value-to-realized-value ratio [MVRV] could not sustain a positive outlook, hence showing that the token may be undervalued. As a payment service company, Ripple Labs now face competitive challenges from the likes of COTI, […]

Continue Reading

Solana, Ripple Price Analysis: October 18, 2021

 Solana price rejected from $175 as bulls fight to secure support at $160. Ripple bulls suffered another blow while attempting to break the resistance at $0.12 over the weekend. The cryptocurrency market is dotted red and green, but as reported, Bitcoin’s winning streak has remained intact. Despite Bitcoin rising to levels above $62,000, most altcoins […]

Continue Reading