Ripple Co-Founder Jed McCaleb Completes 8-Year Long XRP Selloff
Ripple co-founder Jed McCaleb, who had famously been selling his 9 billion XRP stash in relatively small increments since 2014, finally sold his remaining XRP balance on Monday.
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The SEC is Investigating Whether Binance’s BNB was Sold as a Security in the 2017 ICO
The United States Securities and Exchange Commission (SEC) is reportedly probing into the BNB initial coin offering that took place in 2017, to determine whether Binance’s self-reported utility token was in fact sold as a security.
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What is the Best Cryptocurrency You Can Use to Bet on Sports?
Following the triumph of Bitcoin (BTC), numerous other cryptocurrencies entered the mainstream. With a wide spectrum of cryptocurrencies such as Bitcoin, Bitcoin Cash (BCH), and others, cryptocurrency markets have risen tremendously over the past few years (ALT). Cryptocurrency users can spend their digital money in a variety of ways. Crypto sports betting is one such application of cryptocurrency.
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Ripple CEO Says the Fintech Firm Will Explore IPO After Its Lawsuit With the SEC Ends
Speaking to CNBC during the World Economic Forum in Davos, Ripple CEO Brad Garlinghouse revealed that the company behind the popular XRP cryptocurrency will explore initial public offering (IPO) opportunities after the lawsuit with the US Securities and Exchange Commission (SEC) ends.
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Ripple CEO’s Optimistic Outlook on SEC Lawsuit Sparks XRP Rally
Speaking to CNBC’s Ryan Browne at Paris Blockchain Week on Thursday, the CEO of financial technology company Ripple Labs revealed the high-profile lawsuit with the US Securities and Exchange Commission (SEC) has gone “much better” than he “could have hoped for when it began” in early 2021.
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Ripple is the #1 Coin to Watch for the Week of March 21 – March 27, 2022
Following two weeks of stagnation in terms of the end-of-week total crypto market capitalization, it now seems that investors have slowly started to increase their crypto stakes. This week, the total market capitalization has climbed from $1.77 trillion to $1.92 trillion. It is still less than 10%, but who are we to complain? Biggest weekly gainers were Ethereum Classic (ETC), THORChain (RUNE), Aave (AAVE), Mina Protocol (MINA) and Avalanche (AVAX), which all appreciated by more than 20%. The sector’s benchmark, Bitcoin, is also up by almost 7% in the past week. Let’s hope for a continuation of this trend in the Week 12.
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Top 3 Coins to Watch – Week 33
We made it! Or should we say: the cryptocurrency markets have made it. We are talking about reclaiming the total market valuation of $2 trillion, which happened on August 13, of course. Even though the total market valuation of the sector dipped below $2 trillion a few times throughout Week 32, the markets have always recovered, and the positive sentiment appears capable of driving the market capitalization further up. This time the main “culprits” for the market capitalization pump were not Bitcoin and Ethereum (although they did contribute their significant share), but large market cap altcoins including ADA and XRP, both of which are featured in the article below. ADA price grew by more than 50% in Week 32, while XRP price drew an even steeper line on the charts as it is up by 65% in the seven days.
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Ripple CEO Brad Garlinghouse Comments on Recent SEC Lawsuit
Ripple CEO Brad Garlinghouse recently discussed the SEC’s lawsuit against Ripple and also talked about the possibility of the company settling with the SEC. Ripple’s general counsel Stuart Alderoty also commented on the issue, and the two pointed to some critical problems regarding the SEC’s allegations that Ripple’s sales of XRP are an unregistered securities offering.
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Singapore’s Largest Bank DBS Launches Cryptocurrency Trading Platform
DBS Bank, the biggest bank in Singapore, is in the process of launching a cryptocurrency exchange. The platform will list major cryptocurrencies, including Bitcoin, Ethereum, XRP, and Bitcoin Cash. These coins will be traded against the US dollar, the Singapore dollar, the Japanese yen, and the Hong Kong dollar.
