Ripple | Crypto

Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem. On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on the blockchain network’s growing visibility. In the X post, Mekras […] The post XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role appeared first on CryptoSlate.

Ripple CEO Brad Garlinghouse said the company never tried to buy Circle, countering reports of a multibillion-dollar takeover bid. Georgetown Law professor Chris Brummer said Garlinghouse told him during an on-stage interview at a private event in Las Vegas on June 1 that Ripple “never pursued an acquisition of Circle” and the topic was not […] The post Brad Garlinghouse denies Ripple’s reported $5 billion bid to acquire Circle appeared first on CryptoSlate.

Ripple’s RLUSD stablecoin will support the Dubai Land Department’s blockchain initiative to tokenize real estate title deeds on the XRP Ledger. The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin.  Following the approval, DIFC companies can now use the RLUSD stablecoin for various virtual asset services. These may include payments, treasury management and services. The DIFC is a free economic zone and financial district that serves companies throughout the Middle East, Africa and South Asia. The financial zone had nearly 7,000 registered businesses by the end of 2024. Read more

The XRP price has fallen by 4% today, but could Ripple-owned brokerage Hidden Road and its latest news help boost the alt very soon? The post XRP Price Prediction: Ripple’s “Hidden Road” Just Changed the Game – Bulls Now Eye $10 appeared first on Cryptonews.

Ripple is attempting to reshape the U.S. crypto landscape, demanding dynamic legal standards in a new SEC letter. The post Is XRP About to Explode? Ripple’s SEC Letter Could Change Everything  appeared first on Cryptonews.

Hidden Road’s clients in the US can now trade cash-settled OTC swaps across major crypto assets, marking one of the first product launches following its acquisition by Ripple. Ripple’s newly acquired prime broker, Hidden Road, has launched cryptocurrency swaps for institutional investors in the United States. The service allows US institutional clients to trade cash-settled over-the-counter (OTC) swaps across multiple major crypto assets, Hidden Road announced on May 28. The new OTC swap product is offered by Hidden Road Partners, the company’s entity regulated by the United Kingdom’s Financial Conduct Authority (FCA). Read more

Ripple has donated the controversial “Skull of Satoshi” sculpture to the Bitcoin community in a symbolic move to foster cross-chain unity. The donation was made during the Bitcoin Conference on May 28, marking an unexpected collaboration moment between two long-standing crypto industry rivals. Ripple CEO Brad Garlinghouse described the move as a symbolic gesture to […] The post Ripple donates ‘Skull of Satoshi’ sculpture to foster unity with Bitcoin community appeared first on CryptoSlate.

Ripple has called on the US Securities and Exchange Commission (SEC) to establish clearer standards for determining when a digital asset no longer qualifies as part of an investment contract. The company submitted a detailed letter to the SEC’s Crypto Assets and Cyber Unit on May 27, expanding on a question raised by Commissioner Hester […] The post Ripple challenges SEC’s decentralization focus, proposes network maturity standard appeared first on CryptoSlate.

Circle is reportedly seeking a sale price of at least $5 billion, which would be around the amount it’s targeting for its IPO. Circle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune. Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking and private equity sources Fortune cited. Ripple tried to purchase Circle on April 30, but the $4 billion to $5 billion bid was rejected as being too low. If Ripple or Coinbase were to buy Circle, the details of a purchase would differ. Ripple would pay using cash and XRP (XRP), a cryptocurrency that Ripple created. Coinbase, on the other hand, would use cash and stock. Read more

Circle is pressing ahead with plans to go public, but the stablecoin issuer is also exploring the possibility of a sale to either Coinbase or Ripple, Fortune reported on May 19, citing people familiar with the matter. The company filed paperwork in April for a long-awaited initial public offering (IPO) targeting a $5 billion valuation, […] The post Circle in talks with Coinbase, Ripple over potential sale amid $5B IPO plans appeared first on CryptoSlate.

The two principal partners, Zand Bank and Mamo, will use Ripple Payments, a platform that combines stablecoins, crypto, and fiat currency to enable payments. Ripple, the creator of cryptocurrency XRP (XRP), launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets. Zand Bank, the UAE’s first all-digital bank, and Mamo, a fintech company that offers a digital payment platform for businesses, will be the principal users of the blockchain payments system, according to a May 19 Ripple announcement. Zand Bank and Mamo will use “Ripple Payments” to facilitate cross-border blockchain payments. Read more

Chief legal officer Stuart Alderoty said "procedural concerns" are at the heart of a court's denial of a joint motion by Ripple and the US Securities and Exchange Commission to settle the regulator's case against it. Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission (SEC) does not pose a threat to Ripple’s win. Judge Analisa Torres of the US District Court for the Southern District of New York rejected a joint Ripple-SEC motion seeking an indicative ruling on their proposed settlement, according to a filing on May 15. Ripple’s chief legal officer, Stuart Alderoty, said the rejection does not reverse the company’s victory in the case. The company announced the end of the lawsuit on March 19. Read more

US District Judge Analisa Torres denied a joint motion filed by the Securities and Exchange Commission (SEC) and Ripple for a proposed settlement to resolve the ongoing enforcement action over the sale of XRP.  Issued on May 15 and shared on X by lawyer James Filan, the denial does not terminate the parties’ settlement efforts […] The post Court denies SEC, Ripple settlement motion after finding procedural misstep appeared first on CryptoSlate.

The XRP price has dropped by 5% today, but could an incoming decision from Judge Analisa Torres send the altcoin into a parabolic rally? The post XRP Price Prediction: Can Judge Torres Tip The Scales In Favor of a Ripple ETF, XRP to $10 in Q4? appeared first on Cryptonews.

Here are some of the latest developments involving Ripple and its cross-border token.

This XRP price prediction looks at how interest from South Korean investors could propel the price of this token to a new all-time high. The post XRP Price Prediction: South Korean Investors Bet Big on Ripple, Can XRP Reach $5 in May? appeared first on Cryptonews.

Ripple is on the verge of breaking above a crucial resistance at the wedge’s upper boundary of $2.5. A successful breakout could trigger a fresh rally toward the $3 threshold. XRP Analysis The Daily Chart Following an influx of buyers at the key 200-day moving average support near $2.1, XRP has surged toward a decisive […]

A viral Trump crypto post backfired, leading to lobbyist Brian Ballard's abrupt exile from White House circles over undisclosed Ripple ties.

US Securities and Exchange Commission Commissioner Caroline Crenshaw says if approved, the settlement with Ripple would join the long line of dismissals that is slowly eroding the credibility of SEC lawyers in court. A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga. The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple to be dissolved and $75 million of the $125 million in civil penalties held in escrow to be returned to the crypto firm, according to a May 8 statement from the SEC. SEC Commissioner Caroline Crenshaw blasted the pending deal in a May 8 statement, saying it would damage the regulators’ ability to keep crypto firms in line and undermine the court’s ruling. Read more

The US Securities and Exchange Commission (SEC) filed a proposed settlement agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen to resolve the Commission’s longstanding civil enforcement action against the company and its executives. In a filing submitted on May 8, the SEC and the defendants jointly requested that the US District Court […] The post SEC files to settle lawsuit with Ripple, execs over civil penalty dispute appeared first on CryptoSlate.