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.

Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts regarding the cryptocurrency. In the court document filed on Jan. […]

Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP

Dogecoin

XRP, a digital token created by the company Ripple, has added more than 50% to its price over the last 24 hours, climbing after dogecoin crashed—losing over half its recent gains...

After Massive Dogecoin Crash, Ripple's XRP Has Suddenly Rocketed Higher

Ripple has filed an official response to the U.S. Securities and Exchange Commission's (SEC) lawsuit against the company. The SEC says Ripple sold unregistered securities in the form of XRP for years. Ripple counters that XRP can't be regulated because of its use case as a means of transferring value. “The Complaint filed by the […] The post Ripple Says SEC's Lawsuit Centered on ‘Unprecedented and Ill-Conceived Legal Theory' in Official Response to XRP Allegations appeared first on The Daily Hodl.

Ripple Says SEC's Lawsuit Centered on ‘Unprecedented and Ill-Conceived Legal Theory' in Official Response to XRP Allegations

As Ripple pushes back in the courtroom, XRP's price hikes.

XRP's Price Just Jumped 40%. Here's Why

Flare Networks is defining the extent of the project's capabilities, claiming that its protocol could bring smart contract functionality to Bitcoin. In a recent interview hosted by Real Vision, Flare's co-founder Hugo Philion says that after XRP, their project could potentially bring smart contract capabilities to the Bitcoin blockchain. “We are a network that is […] The post After XRP, Flare Networks May Bring Smart Contracts Functionality to Bitcoin appeared first on The Daily Hodl.

After XRP, Flare Networks May Bring Smart Contracts Functionality to Bitcoin

In a Friday filing, Ripple Labs pushed back against the SEC's allegations.

Ripple Responds to SEC Lawsuit Over XRP Sales

Ripple announced Friday that it has filed its initial response to the SEC's lawsuit in federal court. The post Ripple files court response to the SEC's XRP lawsuit appeared first on The Block.

Ripple files court response to the SEC's XRP lawsuit

Bitcoin and Ethereum are not securities by the SEC's standards, says Ripple. So why should XRP be?

Ripple Cites SEC's Stance on Bitcoin, Ethereum in Lawsuit Defense

Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit, filed Monday in a Florida district court alleges that the “sale […]

Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security

Ripple is facing another class action lawsuit accusing the firm of selling retail investors an unregistered security in the form of XRP. The firm's latest legal battle was filed in Florida by resident Tyler Toomey. Toomey's suit states that the sale of XRP constitutes an “investment contract” under Florida security laws, and that Ripple and […] The post Ripple Facing New Class Action Lawsuit Over XRP – This Time in Florida appeared first on The Daily Hodl.

Ripple Facing New Class Action Lawsuit Over XRP – This Time in Florida

RippleNet general manager Asheesh Birla says the company's XRP-based payments platform called On-Demand Liquidity (ODL) processed billions of dollars in volume last year. Birla says RippleNet, Ripple's institutional payment-providers network, had a strong 2020 as it powered around 3 million transactions while expanding to 18 new countries and signing 15 new deals even after the […] The post Ripple's XRP Remittance Product Powered $2.4 Billion in Volume in 2020, Says Senior Executive appeared first on The Daily Hodl.

Ripple's XRP Remittance Product Powered $2.4 Billion in Volume in 2020, Says Senior Executive

A new class-action lawsuit has been filed against Ripple, its CEO Brad Garlinghouse and its subsidiary XRP II, LLC. The post Ripple faces a new class-action lawsuit over unregistered XRP sales in Florida appeared first on The Block.

Ripple faces a new class-action lawsuit over unregistered XRP sales in Florida

A Florida resident is taking on Ripple after losing $50 by investing in XRP last year.

Ripple Hit by Another Class-Action Lawsuit on Top of SEC Legal Woes

Bitcoin

Ethereum

Trader and analyst Credible Crypto says Bitcoin is at a critical juncture as bulls struggle to push the leading crypto asset higher. The trader tells his 99,000 Twitter followers that BTC may be due for a larger corrective move after BTC failed to stay above immediate resistance at $34,000. “Moment of truth here for BTC […] The post Prominent Trader Says Bitcoin Facing Moment of Truth, Updates Outlook on Ethereum and XRP appeared first on The Daily Hodl.

Prominent Trader Says Bitcoin Facing Moment of Truth, Updates Outlook on Ethereum and XRP

The US Securities and Exchange Commission's $1.3 billion lawsuit didn't stop Ripple from signing new customers, the firm's CEO asserted.

Ripple Signed 15 New Customers After SEC Lawsuit, Says Garlinghouse

Soulja Boy is getting acquainted with the crypto markets and catching up on what's happening with XRP. The rapper sent a tweet out to his five million followers over the weekend, asking where he can buy the fifth-largest cryptocurrency by market cap. The tweet quickly went viral, with a deluge of responses informing him that […] The post Soulja Boy Buys Bitcoin, Tries To Buy XRP, Reveals Altcoin Holdings to 5 Million Followers appeared first on The Daily Hodl.

Soulja Boy Buys Bitcoin, Tries To Buy XRP, Reveals Altcoin Holdings to 5 Million Followers

TechCrunch founder Michael Arrington is giving his take on the U.S. Securities and Exchange Commission's (SEC) case against Ripple. In a new interview with Layah Heilpern, Arrington addresses the Howey test, which was established in a Supreme Court case and determines whether certain transactions qualify as investment contracts subject to securities laws. According to the SEC, […] The post Michael Arrington Questions SEC's Case Against Ripple and XRP, Says Howey Test Outdated and Ridiculous appeared first on The Daily Hodl.

Michael Arrington Questions SEC's Case Against Ripple and XRP, Says Howey Test Outdated and Ridiculous

A little-known second airdrop is on its way to holders of XRP who are already set to receive the highly anticipated Spark token airdrop from Flare Networks. In December, the Ripple-backed crypto startup Flare executed a snapshot of participating XRP holders and distributed its Spark (FLR) token to them at a rate of 1.0073 Spark […] The post Second Airdrop Coming to XRP Holders – Here's the Latest on YieldFlare appeared first on The Daily Hodl.

Second Airdrop Coming to XRP Holders – Here's the Latest on YieldFlare

Micheal Barr, the former member of Ripple's board of advisors, is set to become the United States' next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency Comptroller (OCC.) The recently departed Currency Comptroller Brian Brooks is a […]

Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator

Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security.

Japan Rallies Behind XRP as Ripple Faces US Litigation

Members of Ripple's senior management team are unveiling a set of crypto predictions for the year ahead. In a new blog post, the executives offer their forecast on what's next for crypto regulation, decentralized finance (DeFi), central bank digital currencies (CBDCs) and how issues of scalability and sustainability will play out in the space. Ripple's […] The post Ripple Executives Predict What's Coming for Crypto in 2021 appeared first on The Daily Hodl.

Ripple Executives Predict What's Coming for Crypto in 2021

Two prominent lawyers in the crypto space are offering their take on the likely outcome of the U.S. Securities and Exchange Commission's lawsuit against Ripple. Stephen Palley, a blockchain and digital currency lawyer at Anderson Kill, and Gabriel Shapiro, a decentralized technology attorney at BSV Law, spoke about the lawsuit on the Unchained Podcast. The […] The post Top Crypto Lawyers Predict Outcome of SEC's Case Against Ripple and XRP appeared first on The Daily Hodl.

Top Crypto Lawyers Predict Outcome of SEC's Case Against Ripple and XRP

Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the U.S. Securities and Exchange Commission. The court filing indicates that Tetragon and Ripple allegedly made an agreement, and the SEC case deeming XRP as an unregistered security should allow them to get funds […]

UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

The adult entertainment website now accepts payment in 16 cryptocurrencies.

Pornhub Now Accepts Payment in the Form of XRP, DOGE, BNB and USDC

Adult entertainment website Pornhub has added four new coins to its list of supported crypto payment options: XRP, BNB, USDC, and DOGE. The post Pornhub adds XRP, BNB, USDC, and DOGE to its payment options appeared first on The Block.

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