Tag: ripple labs

The flagship cross-border token hit a multi-year high at $1.1. The trend is in the bull's hands despite the hunt for higher support. A correction under $1 would trigger declines likely to test $0.8 and $0.6. Ripple has been like Usain Bolt on steroids over the last few days. The cross-border token had significantly suffered The post Ripple price leaves dust in its...

XRP bulls are back! The Ripple blockchain's native token, which got embroiled in a legal controversy with the US Securities and Exchange Commission over its alleged securities status — and which led to the delisting of its highly traded financial instruments across many US-based crypto exchanges, reached its highest levels in three...

XRP price registered a sharp rise earlier today registering a 15% gain over the past 24 hours and was trading at $0.60 mark. XRP rose to a daily high of $0.63 before registering a minor correction. The...

Data and traders reveal the source of XRP's recent price rally could be Asia.

Tetragon was one of Ripple Labs' big financial backers.

In view of the lawsuit by the United States Securities and Exchange Commission (SEC) against Ripple Labs Inc., popular cryptocurrency exchange Coinbase has announced its decision to suspend trading of XRP on its platform. Also, Ripple Labs and Brad Garlinghouse have issued responses to the SEC lawsuit. Coinbase, through an official...

The announcement came hours after Coinbase and OKCoin took similar actions.

The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating under Japanese law XRP is a "cryptocurrency asset" and not a security.

The SEC's suit against Ripple has triggered a steep sell-off in price for the payments token XRP. Meanwhile, prices for Chainlink's token have increased seven-fold this year, most among CoinDesk 20.

Quick take: Crypto Analyst, MagicPoopCannon, has updated his May 2020 analysis of XRP XRP has broken above the massive falling wedge that began in September 2018 The upside target of the falling wedge is now $0.80 However, XRP could test $0.92 based on the 23.6% Fibonacci retracement of the last bear market Crypto analyst, MagicPoopCannon has updated his May 2020 analysis of XRP...