XRP (XRP) Reviews - Page 4

One of the few that won was ripple. Starting at $0.4652 seven days before, it peaked at $0.5955 on March 22, and was trading at $0.5450 by the evening of Friday March 26. In general, as we predicted, the crypto market turned out to be overheated. Elon Musk's statement that bitcoins accepted as payment for Tesla cars would no longer be converted into dollars did not help it either. such information could have pushed the market high up not so long ago, but now it has given only a small short-term impulse.

Ripple is looking for evidence that the SEC has contributed to the "market confusion" regarding XRP, block-chain24 writes. In a letter to Judge Sarah Netburn, Ripple's lawyers write that the documents related to BTC and ETH are indeed relevant to the case. During the investigation, the blockchain company produced 303,000 pages of documents and is currently reviewing another 75,000 documents requested by the SEC. The regulator agreed to provide only 153 documents requested by Ripple. The blockchain company claims that these documents, which the SEC refuses to provide, are relevant to its protection of "fair notice." Deaton's lawyer argues that the SEC is applying a double standard in the case against Ripple. In his opinion, the Ethereum Foundation's sales of the Ethereum cryptocurrency are much more in line with the sales of unregistered securities than any XRP sales of Ripple that he is aware of.

XRP (Ripple) is ready to set new all-time highs, according to the famous trader Kaleo. The token will be able to push for this, for example, the successful resolution of the lawsuit with the SEC. Trader Kaleo claims to be keeping a close eye on the XRP token right now. In his opinion, XRP is preparing to update its all-time high of $ 3.84. The expert does not indicate the exact timing of the return to the record level, ripplenews writes. The trader points to the chart of the XRP / BTC pair, where the asset has broken up the downtrend line. "It seems like now is a special time ... I really like this state of affairs," notes Kaleo.

Theoretically, the XRP token could grow tens of times if it was taken into the global banking system for which it was created. In the meantime, news about lawsuits and the sale of tokens by the company's management has a stronger impact on the prospects than the technical advantages of the project, which are heard less and less. Although growth is also highly likely with a combination of speculation about easing claims or a real agreement with the SEC, plus the overall growth of the altcoin market.

Cryptocurrency XRP (Ripple) could rise sharply and surpass Bitcoin, analyst at Credible Crypto said. To do this, the token must rise in price 40 times - up to $ 20. XRP (Ripple) has risen in price last week by almost one and a half times, rising to the level of $ 0.64. The fifth cryptocurrency skyrocketed amid speculation that Ripple could negotiate with the SEC, which will allow XRP trading to be reinstated on exchanges. According to crypto lawyer Stephen Pally, Ripple will eventually be able to settle this lawsuit with the US Securities and Exchange Commission (SEC). The SEC does not decide to make a decision, including against the owners of XRP in the United States, the lawyer suggests. Analysts believe that further XRP growth depends on the first meeting on the case, which will take place this month. The Credible Crypto trader, which has more than 100 thousand subscribers, announced high chances for the growth of the token, ripplenews writes. XRP may even surpass Bitcoin, the expert said.

XRP (Ripple) has added more than 30% since the beginning of the week amid speculation that Ripple will be able to negotiate with the SEC, which will allow XRP to resume trading on exchanges. The token again exceeded the $ 0.50 mark, above which it rose for a short time on February 1 during the pump of traders from Reddit. According to the lawyer Stephen Pally, who specializes in blockchain and cryptocurrencies, Ripple is interested in quickly resolving disputes with the US Securities and Exchange Commission (SEC). The company will eventually be able to settle this lawsuit, after which the XRP trade on the US bourses will be released.

Yesterday's XRP pump action was also very short-lived. Perhaps the sale was initiated not by the participants in the contractual action, but by numerous people wishing to take profit amid XRP's problems with the regulator. However, the coin is now showing a 35% drop per day.

Cryptocurrency XRP (Ripple) soared above $ 0.75 on Monday, doubling the price since the opening of the day and again moving to third place in the ranking of cryptocurrencies by capitalization. However, the bulls' jubilation was short-lived - the token began to decline rapidly, falling below its open level by the end of the day. Amateur traders who managed to inflate the value of GameStop shares have chosen the cryptocurrency market as their next target. They created a telegram chat called "Buy and Hold XRP on February 1," which had about 200 thousand participants. On February 1 at 16:30 Moscow time, traders from this group promised to arrange a "pump" of the token. However, not all market participants were interested in supporting the XRP pump. Having shown a small gain, XRP plummeted, losing 35% of its value within 10 minutes. In fact, the indicated time turned out to be the moment for the dump, and not for the pump.

The XRP coin has become an unexpected hero of the crypto market. XRP has grown by 48% over the past 24 hours. In recent months, the Ripple project has been on the front pages of crypto media. After the news about the claim from the SEC appeared, the coin rate plunged sharply downward. The current growth is associated with the response of the Ripple management to the allegations. Ripple's willingness to defend its position was seen as a good sign in the community, leading to the recent price hike.

Cryptocurrency XRP (Ripple) unexpectedly jumped 40% on Saturday, and continued growth on Sunday. At the end of the week, the token is adding more than 60%. XRP is once again the fourth-largest crypto asset by market cap. It looks like amateur traders have started to accelerate another market asset. The XRP rate on Saturday exceeded the $ 0.50 mark - above this level, the token has not been traded since December 22 - the day when the US Securities and Exchange Commission (SEC) sued Ripple. And while nothing happened in the SEC case against Ripple that would increase the company's chances of winning, there is one plausible explanation for recent events. Telegram has organized a group of over 60 thousand members who set themselves the task of buying and holding XRP. The fruits of their activities can already be seen on the graphs. Earlier, something similar happened with GameStop, which was perceived with skepticism by professional market participants. A group of traders from Reddit decided to buy up its shares, which opened a large volume of sales, which caused their cascading closure or the so-called short squeeze.

The market was positively influenced by the fact that the cryptocurrency platform Gatehub does not plan to remove XRP, despite Ripple's litigation with the Securities Commission (SEC). In the statement of the trading platform, it is said that the deletion will take place only after the issuance of a uniqueness of the judicial decision. The Gatehub team affirms that XRP is a token utility, and that Ripple has not observed "inappropriate behavior".

Cryptocurrency XRP (Ripple) jumped 35% on Thursday, January 7 after CEO Brad Garlinghouse talked about trying to negotiate with the SEC ahead of the trial. The growth at the moment reached 50%, the token rose to $ 0.37. Ripple is trying to settle claims from the US Securities and Exchange Commission (SEC) ahead of legal action and plans to continue working with its new management, said CEO Brad Garlinghouse. On December 22, the SEC filed a lawsuit against Ripple, accusing the company and its management of selling more than $ 1.3 billion in unregistered securities. A preliminary court hearing in the SEC v. Ripple case is scheduled for February 22. More than 24,000 crypto investors have asked the White House to declare XRP a virtual currency.

In California, they filed a lawsuit against the crypto exchange Coinbase, which is accused of collecting commissions from the illegal sale of XRP. The plaintiff claims that the trading platform was aware that, under federal law, XRP is not an exchange commodity, but a security, but decided to provide access to the token to its customers and charge commissions from them.

XRP has been in freefall ever since the SEC filed a lawsuit against Ripple for allegedly violating securities laws. This prompted several exchanges to delist XRP to avoid regulatory backlash. Ripple says the lawsuit “has already affected countless innocent XRP retail holders with no connection to Ripple.”

Major cryptocurrency exchange Coinbase will suspend trading for XRP in response to the United States Securities and Exchange Commission taking legal action against Ripple. According to a blog post published today by Coinbase chief legal officer Paul Grewal, the exchange will fully suspend XRP trading starting on Jan. 19 at 10:00 am PST. Coinbase clarified that “trading may be halted earlier as needed” to maintain the exchange’s market health metrics. In addition, the suspension will reportedly not affect Ripple-backed Flare Network’s upcoming Spark (FLR) token airdrop. The U.S.-based exchange is the largest so far to take a position on XRP following the Dec. 22 announcement that the SEC will charge Ripple, CEO Brad Garlinghouse and co-founder Chris Larsen with conducting an “unregistered, ongoing digital asset securities offering.”

Many cryptocurrency exchanges will be forced to delist, so liquidity will dry up. If exchanges continue to trade XRP after the hypothetical victory of the SEC, they may be required to register to work with securities under the threat of penalties for allowing retail investors to access such instruments. Asset management company Bitwise Asset Management announced the exclusion of the XRP token from its flagship Bitwise 10 Crypto Index Fund. Prior to the sale of the asset on December 22, XRP accounted for approximately 3.8% of the fund.

XRP (Ripple) plunged 40% on Wednesday, below $ 0.26. Since the beginning of the week, the token has lost more than half of its value. The US Securities and Exchange Commission (SEC) has formally indicted Ripple Labs Inc. and two of its executives in raising more than $ 1.3 billion through "an unregistered ongoing offering of securities in the form of digital assets."

The most difficult situation is with XRP, since the SEC has complaints against Ripple over a long-standing issue over the status of the security. As a result, the token drops by 22%.

SEC officials have previously admitted that Bitcoin and Ethereum are not securities, primarily because there is no person or company to control them. In addition, they are released gradually through mining. XRP is different, as Larsen and others issued 100 billion XRP in 2012 through Ripple Labs and sold them over the next years.

Researchers at the University of Bern have questioned the safety and viability of the Ripple network. The Ripple protocol consensus algorithm “provides neither security nor survivability,” according to their published report. Ripple's consensus algorithm allows users to carry out double spend attacks, according to research. In addition, the vulnerability allows you to stop processing transactions. Researchers have launched several configurations of the Ripple protocol with different number and type of nodes. According to their models, the presence of faulty or malicious nodes can lead to "devastating consequences of network health."