XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

Bitcoin

Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the $27,500 level on Tuesday. Ethereum (CRYPTO: ETH), meanwhile, moved lower, trading below the key $1,700 mark this morning.

Bitcoin Edges Higher Following ADP Jobs Data; XRP Emerges As Top Gainer

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Judge Dismisses SEC's Attempt to Appeal Ripple Ruling

The native token for the Ripple protocol is leading the daily gains amidst positive news for the fintech company.

XRP Rallies Amid Singapore License Approval, SEC Appeals Rejection

Solana

Low volatility returned to crypto markets after a sudden move higher earlier this week following ETF decisions.

Bitcoin Hovers Above $27.4K; XRP Notches Win, Solana Token Slides

Broader crypto markets dropped 0.7% in the past 24 hours, the CoinDesk Market Index (CMI) shows.

XRP Spikes as Ripple Scores Singapore License, SEC Loses Motion to Appeal

A US federal judge has denied the SEC's attempt to appeal a previous court decision favoring crypto company Ripple Labs.

SEC's Motion To File an Appeal in Ripple Ruling Rejected by Federal Judge

A federal judge has denied the Securities and Exchange Commission's (SEC) attempt to appeal its loss against Ripple (CRYPTO: XRP). The news had an immediate impact on XRP's price, which surged 5% following the judge's decision.

Why Ripple's XRP Token Is Surging Over 5% Today?

A federal judge on Tuesday refused to let the U.S. Securities and Exchange Commission appeal her recent decision involving Ripple Labs, a ruling that has been seen as a major defeat for the regulator in its effort to police cryptocurrency markets.

US SEC cannot appeal Ripple Labs decision, judge rules

Cryptocurrency firm Ripple said on Wednesday its Singapore subsidiary has secured a payments licence to operate in the city-state without transaction thresholds.

Crypto firm Ripple secures Singapore payments licence

The Major Payments Institution license lets Ripple offer regulated digital asset payment services in the country.

Ripple obtains digital asset license from Monetary Authority of Singapore

Ripple's Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region.

Ripple Says Singapore License Formally Approved

U.S. District Judge Analisa Torres rejected the Securities and Exchange Commission's interlocutory appeal in the regulator's lawsuit against Ripple, noting the SEC failed to explain why her prior decision was faulty. Torres set a trial date for April 2024 to address the remaining issues.

Ripple Gains a Victory as Judge Torres Rejects SEC's Interlocutory Appeal

The federal agency will still have the opportunity to appeal the case in its entirety when it concludes next year.

SEC Loses Again—Appeal of Landmark Ripple Ruling Rejected

District Judge Analisa Torres rejected the SEC's move to certify for interlocutory appeal and set trial dates for next year.

Judge Torres rejects the SEC's motion for an interlocutory appeal in Ripple case

A federal judge has rejected the U.S. Securities and Exchange Commission's bid to appeal its ground-shaking loss against Ripple, the crypto company associated with the XRP token.

SEC's Motion to Appeal Loss in Ripple Case Is Denied

Ethereum

X chief executive Linda Yaccarino is due to meet with seven banks that funded Elon Musk's takeover of Twitter and its re-brand to X this coming week and will reportedly propose expansion into payments

Elon Musk And X Could Be About To Decide The Fate Of Bitcoin, Ethereum, XRP And Crypto Amid Wild Price Swings

Two significant developments occurred for Ripple this week; the company withdrew from the Fortress acquisition, as the inclusion of Ripple Labs in the NBG's exclusive list marked notable gains in price and volume for XRP (CRYPTO: XRP). What Happened (Fortress Deal)?

Ripple Withdraws From Fortress Acquisition, Hand Picked For NBG List

XRP was one of Friday's notable crypto gainers, rallying to a one-month high earlier in today's session. Bullish sentiment returned to end the week, with the global market cap trading nearly 1.5% higher as of writing. Solana also surged, moving back above the $20.00 mark.

Biggest Movers: XRP Hits 1-Month High, SOL Back Above $20

On September 29, the price analysis of Ripple (XRP) had reached a high of $0.51 at Coinidol.com.

XRP Remains Above $0.51 Despite Being Overbought

Ripple dropped its intended acquisition of blockchain financial infrastructure provider Fortress Trust.

Ripple Pulls Out of Deal To Acquire Fortress Trust

Fortress CEO Scott Purcell said Ripple wants to stick with its current B2B focus.

Fortress CEO Responds to Ripple Backing Out of Acquisition

Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn't cite specific reasons for dropping the deal but said Ripple planned to remain an investor in Fortress.

Ripple Retracts Acquisition Plans for Fortress Trust

"While this outcome is different from what was originally planned, we'll continue to support them and hope to work together in the future," said CEO Brad Garlinghouse.

Ripple Cancels Plan to Buy Fortress Trust

Ripple has decided against acquiring Fortress Trust after previously signing a letter of intent, CEO Brad Garlinghouse said.

Ripple will no longer acquire Fortress Trust, CEO Brad Garlinghouse says

Jamie Dimon, the chief executive of Wall Street giant JPMorgan, has warned people should prepare for a "worst-case" Fed scenario—that some think could spur sudden bitcoin price growth

News for XRP Crypto (XRP)