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Ripple targets China for its blockchain platform

Institutional XRP Inflows Surge as AUM Nearly Doubles

Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products, the Cointelegraph writes. Institutional investors have rallied around XRP this past week, with the assets under management, or XRP investment products, nearly doubling. According to CoinShares’ “Digital Asset Fund Flows Weekly” report, roughly $33 million flowed […]

XRP Price Soars to New Highs after Recent Legal Victories

XRP price rallied more than 30% as retail traders rotate into “cheaper” altcoins and investor sentiment turns positive after Ripple’s recent legal victories against the SEC. XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day.  Data from Cointelegraph Markets and TradingView […]

Key XRP Technical Indicator Disagrees With Parabolic Price Rally

XRP, the Ripple blockchain’s native token, is up more than 600 percent in 2021 even though it remains in a tense court battle with the US Securities and Exchange Commission over its legal status. The world’s fourth-largest cryptocurrency by market cap now, XRP has continued its climb, entering the second quarter. According to data provided […]

Ripple Wins Access to SEC Discussions on Defining Crypto Assets as Securities

Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP. Ripple Labs has been granted access to the United States Securities and Exchange Commission’s documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the defendants’ motion “in large […]

XRP Leads Top Ten, Is The SEC Lawsuit Against Ripple Dead?

In an unexpected turn of events, XRP is the top-performing large-cap today. Over the last 24-hours, XRP has soared 16%, even spiking as high as $0.74 in the early hours of the European session. Analysis of the chart shows a definite uptrend suggesting that, despite the difficulties endured due to the U.S Securities and Exchange […]

XRP Jumps as Bullish ‘Golden Cross’ Pattern Appears in Price Chart

It’s often a bullish indicator when the the 50-week moving average crosses above the 100-week, but traders can get trapped on the wrong side of the market, the CoinDesk writes. XRP, the digital token used in Ripple Labs’ payments network, was outperforming bitcoin and other major cryptocurrencies on Tuesday, with a longer-duration technical indicator flashing a bullish signal.  […]

Ripple (XRP) Rallies 20%, Why Dips Could Be Attractive

Ripple remained stable above $0.5000 and rallied above $0.6000 against the US Dollar. XRP price tested $0.6500 and it is likely to continue higher in the near term, the NewsBTC predicts. Ripple started a fresh increase above the $0.5500 and $0.6000 resistance levels against the US dollar. The price is now trading well above $0.5800 […]

Ripple’s XRP Sales Suppressed Coin Price, Amended Court Complaint Alleges

The SEC alleges that Ripple executives misled investors and manipulated the XRP coin price by creating an “information vacuum.” The United States Securities and Exchange Commission has alleged that Ripple Labs executives Bradley Garlinghouse and Christian Larsen manipulated the XRP price by ramping up or slowing down their coin sales depending upon market conditions. In an amended complaint filed […]