Tag: Ripple

Ripple vs. SEC: XRP securities violation now hinging on ‘Crypto Mom’ Hester Peirce’s criticism of the SEC

Ripple is now asking the court to consider statements made by Crypto Mom Hester Peirce that the SEC hadn’t done enough to regulate cryptos as support for its motion to dismiss. The SEC immediately fired back stating that a Commissioner’s statements are no grounds for market participants to violate securities laws and urged the court […]

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XRP Price Prediction: Ripple Rolls Down The Runway Preparing For Ultimate Takeoff To $1

XRP price recoiled from support $0.52, clearing the path toward $0.6. A break above the month-long descending trendline rejuvenates the bulls’ effort for gains heading to $1. XRP Price Update Ripple (XRP) price has gained some ground since the selloff earlier this week. The cross-border money transfer token lost a considerable amount of its value, […]

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Ripple’s rival Stellar and Advent in talks to acquire MoneyGram

Stellar and Advent are partnering in what is supposedly an acquisition deal of MoneyGram online payment services company. Stellar and Ripple both offer financial services but have been adversaries due to different visions and philosophies. MoneyGram International Inc., one of the biggest money-transfer service providers in the U.S., is seeing preliminary takeover interest from Stellar […]

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Ripple, Dogecoin Price Analysis: July 14, 2021

Ripple price potential drop to $0.445 could leave most investors in deep losses. Dogecoin closes the day under $0.2, accentuating the bearish leg toward May’s support at $0.16. The cryptocurrency market is dealing with an aggressive bearish wave mid through this week’s trading. Bitcoin leads the correction, closing the gap to $30,000, while Ethereum has […]

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Ripple Reschedules Ex SEC Director’s Deposition Despite SEC’s Call For Dismissal

The ongoing SEC Vs. Ripple’s case has taken another turn with the defendants requesting upon rescheduling the deposition of former Director of SEC’s Division of Corporate Finance, William H. Hinman, to mid-July. Sarah Netburn, Magistrate Judge of the District Court for the Southern District of New York has been informed with due diligence about the […]

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XRP News: Legal Expert Calls SEC’s Argument against XRP’s Utility ‘Baseless’

John E. Deaton, a legal expert and popular in the crypto community as the Founder and Host of CryptoLaw, has recently joined the long line of experts discarding SEC’s ‘Utility’ argument about XRP coin in the lawsuit against Ripple.  It began last year during late December when former Securities and Exchange Commission (SEC) Chairman Jay […]

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The SEC’s argument against XRP’s utility is baseless and shows a lack of understanding: Legal expert

The SEC has argued that XRP lacks utility in court, and according to one lawyer, this is the best illustration of the ignorance prevalent with the regulator. The lawyer also attacked the SEC’s argument that XRP holders were in ‘common enterprise’ with RIpple, citing studies that show most holders don’t think they hold a stake […]

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Ripple, Dogecoin Price Analysis: July 8, 2021

Ripple breaks the uptrend that had assumed an ascending parallel pattern. Dogecoin price breakdown could extend to $0.16 following a descending triangle pattern confirmation. The cryptocurrency market turned bearish as the week’s trading nears the tail end. Bitcoin price can barely hold above $33,000 as losses to $30,000 linger. Ethereum price failed to break above […]

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