Tag: xrpbrl

The crypto market recorded its worst day in six months as the majority of cryptocurrencies bled out in double digits. The crypto market mayhem saw the biggest liquidation day in 15 months as over $2.5 billion worth of leveraged positions got liquidated over the past 24-hours. The overall market cap fell by nearly 20% with The post Here's What Led to the $500...

Nobody saw it coming, the latest development in the XRP lawsuit is the ultimate cliffhanger for the SEC's long-standing Deliberative Process Privilege (DPP) argument. Judge Netburn has ordered both parties to submit supplemental briefs by December 8, on Defendants' Motion to Compel, referring to the 11/29 decision by U.S. Court of Appeals in an unrelated case The post XRP Lawsuit: This Development in...

The discussion around crypto regulations in the US is currently at its peak and after Ripple, now FTX, another popular crypto exchange platform has come out with a list of principles to help Federal agencies regulate the crypto market. FTX released a blog titled "FTX’s Key Principles for Market Regulation” with ten key proposals that The post FTX Crypto Exchange Proposes 10 Key...

Croatia's largest supermarket chain the Konzum retail chain will start accepting crypto payments on their online store starting today. Konzum is the first retail giant in Croatia to start accepting Bitcoin (BTC) and a few other altcoins as a mode of payment. Individuals as well businesses can now buy daily usage groceries and 12,000 products The post Breaking: Croatia's Largest Supermarket Chain Starts...

Fidelity Investments, one of the largest US asset managers with $4 trillion in AUM launched its first Bitcoin (BTC) spot ETF in Canada. The new spot ETF would be called Fidelity Advantage Bitcoin ETF and will be represented by the ticker symbol $FBTC. The fund will buy physical BTC from the market and issue shares against The post Breaking: $4 Trillion Asset Manager...

Ross Ulbricht, the convicted mastermind behind now-defunct dark web marketplace Silk Road created quite a stir on crypto Twitter with his NFT auction dates. A Twitter account run by Ulbricht's supporter announced that the auction for his collection of NFTs will begin in two days. The NFT collection titled "the Ross Ulbricht Genesis Collection" will The post Breaking: Convicted Silk Road Founder Announces...

Crypto exchanges catering solely to institutional players are on a rise, with yet another big name in the industry backing a similar project. Peter Thiel- backed crypto exchange, Bullish has announced that it will now offer crypto trading services for enterprises and also plans on eventually extending its reach into the retail market. The institutional crypto The post Breaking: This Thiel-Backed Institutional Crypto Exchange...

Softbank, a Japanese multinational...

South Korea has pushed back its...

Amid the ongoing XRP lawsuit, Ripple took a bold step by launching a crypto product, called the Liquidity Hub, which will allow financial service firms to offer the buying and selling option for cryptocurrencies. According to CNBC, Ripple noted that cryptocurrencies like, the OG Bitcoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash, and the most controversial The post Ripple’s Latest Crypto Service for Financial...

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El Salvador, the first country to make Bitcoin a legal tender continued with its BTC traditions and bought the dip yesterday. President Nayib Bukele took to Twitter to announce they have bought additional 100 BTCs this Black Friday. The small Central American nation started buying Bitcoin in September and currently holds nearly 1,100 BTC in The post El Salvador Buys Black Friday Bitcoin...

The Monetary Authority of Singapore (MAS) green-lighted two new institutional- grade Bitcoin Funds issued by leading asset manager Fintonia. The two Bitcoin funds namely The Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund would offer long-term exposure to institutional investors in the country. The two new Bitcoin funds aim to cut down the complexities The post Breaking: Singapore Greenlights Two New Institutional...

Hilary Clinton, the former first lady, and secretary of the state has come out to sound another harsh warning against the crypto market. In a recent interview with CNBC, Clinton claimed that the cryptocurrency market can be manipulated by China and Russia and therefore the US regulators must be wary of it and regulate the The post Hilary Clinton Claims China and Russia...

The Indian crypto ecosystem is standing at a crucial...

The latest update in the ongoing social media battle fought by the XRP community, regarding the XRP lawsuit, recently saw the community unite to criticize the SEC for an emailed reply from the commission that has been leaked on Twitter. According to the screenshot of the email, the SEC claims that they never made any The post XRP Lawsuit: SEC Denial of Former...

The latest update about the decentralized organization, ConstitutionDAO has unveiled the closure of the platform given its former loss, and current lack of another “unifying mission”. Last week, ConstitutionDAO lost its goal to buy the copy of the US Consitution for which it has raised over $40 million from thousands of investors. Ultimately, we’ve come The post Here's what is happening to ConstitutionDAO...

Ripple has announced its exclusive partnership with the Island nation, the Republic of Palau to explore the country’s first national digital currency and its use cases facilitated on the XRP Ledger (XRPL). According to Ripple, with the focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau, the country may be The post Ripple set to help this country...