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.

Dogecoin

XRP was one of Thursday's notable movers, as the token dropped to a multi-week low in today's session. The decline comes as the global market cap fell by as much as 2% over the course of the day. Dogecoin also declined, falling for a third consecutive session.

Biggest Movers: XRP, DOGE Bear Run Continues, Sending Prices to Multi-Week Lows

Ripple Labs is addressing the U.S. Securities and Exchange Commission (SEC) and calling out the regulatory agency for what the firm says is inconsistent enforcement actions.

Ripple Calls Out SEC for Missing FTX Debacle, Says Regulator Repeatedly Hurting Retail Investors

Stuart Alderoty, CLO of Ripple, prepared a skit explaining the definition of securities according to the company, supported by the recent ruling in the SEC v. Ripple case. The segment, titled “After Hours,” parodies U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler's “Office Hours” series of videos, where he briefly explains investment subjects.

Ripple CLO Stuart Alderoty Explains Securities in ‘After Hours' Parody Skit

A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,” explained the district judge presiding over the SEC v. Terraform Labs case.

US District Judge Rejects Approach in SEC v Ripple Ruling on XRP

Bitcoin

Curve DAO Token

CRV was up more than 5% after Tron blockchain founder Justin Sun purchased more than $2 million of the token. ETH, SOL remained in slightly negative territory despite climbing in recent hours.

Bitcoin Rebounds to $29.2K, Recovering From DeFi Fears; CRV Jumps 5%, XRP Rises

Stellar

Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month.

MakerDAO's MKR, Ripple's XRP and Stellar's XLM Led Crypto Gainers in July

The former Chief of the U.S. Securities and Exchange Commission's (SEC) Office of Internet Enforcement says there are problems ahead for Ripple's historic court ruling. Ex-SEC official John Reed Stark says other courts are already becoming skeptical about the ruling that Ripple's programmatic sales of XRP don't qualify as securities transactions.

Former SEC Official Says Ripple Court Decision Already in ‘Big Trouble' – Here's Why

Bitcoin is less volatile than the Nasdaq, the S&P 500 and even gold, as 30-day volatility approaches 5-year lows, a report claimed.

Bitcoin price drops below $29,000 after judge casts doubt on Ripple ruling

U.S. District Judge Rakoff rejected a previous judge's distinction between institutional sales and sales to retail investors on crypto exchanges, the report noted.

Ripple Ruling Rebuke Complicates Coinbase's Defense Against the SEC: Berenberg

Cryptocurrencies are considered securities regardless of the context in which they are sold, a federal judge said.

Some crypto assets are securities, Manhattan judge says, complicating Coinbase and Ripple cases

Cardano

Ethereum

Litecoin

Polygon

Solana

Bitcoin and major cryptocurrency prices—including ethereum, BNB, XRP, cardano, dogecoin, solana, polygon, tron and litecoin—have taken a battering from U.S.

Crypto Price Armageddon: Coinbase CEO Reveals A Stark Warning That Could Hit Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Solana, Polygon, Tron And Litecoin

Digital assets manager CoinShares says institutional investors are becoming more optimistic on altcoins despite Bitcoin (BTC) and the overall markets suffering outflows for the second week in a row. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that halfway through 2023, digital assets have seen almost half a billion in inflows.

XRP, Cardano (ADA) and Solana (SOL) See Institutional Capital Flows As Altcoin Sentiment Brightens: CoinShares

Terra

Luna Classic (Former Terra)

The Terra/Luna issuer was the first to cite the recent Ripple decision in its defense against an SEC enforcement action.

Judge slams Ripple decision in SEC's case against Terraform Labs

A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission.

Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit

A new study has unveiled the cryptocurrencies that Americans are most interested in selling Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) leading the pack. What Happened: The research, conducted by crypto-gambling experts at Cryptogambling.tv, utilized Google Trends data to identify the cryptocurrencies that U.S. residents are most eager to sell.

Bitcoin, Ethereum Face Mass Exodus — Will XRP And Dogecoin Follow Suit?

A new study by payments firm Ripple says that financial institutions could save astronomical amounts of money by switching their systems over to blockchain-based rails. The study, which was conducted by Ripple in collaboration with US Faster Payments Council, polled 300 leaders working in the payments industry across 45 countries.

Ripple Says Institutions Could Save $10,000,000,000 by Using Blockchain Technology

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is once again sounding the alarm on crypto exchanges, saying that the platforms are not working in the best interests of their users. In a new Bloomberg interview, Gensler says that companies issuing crypto tokens are not being 100% honest with their investors.

SEC Chair Gary Gensler Blasts Crypto Exchanges, Avoids Issue of Appeal in Landmark Ripple Ruling

The XRP price is bearish after failing to break through the $0.85 resistance level.

XRP Trades Marginally And Rises Back Above $0.71

James Wallis said the decision that Ripple's sale of XRP did not constitute investment contracts was a major victory, not just for Ripple but also for the industry.

SEC Case Had 'Almost No Impact' on Ripple's Talks With Central Banks, Says Exec

Ripple's general counsel Stuart Alderoty says that the U.S. Securities and Exchange Commission's (SEC) lawsuit ruling will have a positive impact on the wider crypto industry. In an interview on the Chain Reaction podcast, Alderoty says that the ruling Ripple determined that digital tokens being traded on crypto exchanges are not securities.

Ripple's Top Lawyer Says XRP Ruling Will Benefit Binance and Coinbase As They Fight SEC Lawsuits – Here's Why

Crypto analyst Nicholas Merten is expressing bearish sentiment on one top-five crypto asset amid relative calm in the market. Merten tells the 511,000 subscribers of the DataDash YouTube channel that Binance Coin (BNB) could undergo heavy correction if a critical support level crumbles.

Trader Warns One Blue-Chip Altcoin Could Plummet by Over 80% to ‘No Man's Land', Updates Bitcoin and XRP Outlook

Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology.

Ripple and Palau Announce CBDC Stablecoin Pilot Program

The recent ruling in the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple indicates Congressional legislation is necessary for the crypto space, according to two American lawmakers. In a new op-ed in The Hill, US Representatives Dusty Johnson (R-S.D.) and French Hill (R-Ark.

XRP Ruling in SEC's Ripple Lawsuit Means Congressional Legislation Is the Only Solution, Says Two US Lawmakers

Products focused on XLM saw nearly 63% higher inflows this year.

XRP, Stellar and Solana Products See Increased Institutional Investments This Year

A lawyer has outlined four potential next steps that the U.S. Securities and Exchange Commission (SEC) could take following the ruling on the Ripple case regarding XRP.

News for XRP Crypto (XRP)