Tag: xrptrx

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...

This year,...

India is...

Indian...

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...

The much-awaited cryptocurrency bill in India is set to be tabled during the upcoming winter session of the parliament and it has already created a lot of FUD as the first snapshot of the bill went public. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is among the 26 bills scheduled to get The post Indian Crypto Bill: Is the Government...

According to recent updates in the ongoing XRP lawsuit, the case seems to be slipping away from Ripple and heading towards a settlement in the SEC's favor. However, even if Ripple loses the case and XRP is declared as security, the question arises, Why only XRP? If put in SEC Chief Grundfest's words, even before The post XRP Lawsuit: Is it Fair Play...

Elon Musk, the richest man on earth and a well-known Dogecoin (DOGE) proponent has come out in defense of the community against Binance. The global crypto exchange recently put a 2-week withdrawal freeze for the meme currency after a software glitch in the exchange platform executed a large number of Doge transactions from a year The post Breaking: Elon Musk Lashes Out at...

Crypto taxation has become a key part of the discussion in the regulatory debate, on one hand, some countries are imposing capital gain taxes based on existing rules while on the other hand, a few nations have framed new tax regulations on crypto transactions. South Korea is one such nation that is currently leading the The post This Country Might Become First To...

Invesco, a $1.6...

The market is in upheaval with Attorney John E Deaton's latest tweet about his claims on holding "objective empirical evidence" proving that the majority, amounting to approximately 60% of XRP Holders were unaware of Ripple when they had invested in the token for the first time. Henceforth, according to the Howey Test, it is almost The post XRP Lawsuit: Amici Curiae Attorney Claims...