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.

Strategists are tracing the path of XRP as Coinbase officially hits the pause button on all trading of the fifth-largest crypto asset by market cap. The pseudonymous analyst DonAlt tells his 174,000 Twitter followers that crypto traders at large don't see a buying opportunity despite the coin's massive decline. “A lot of people DMing me […] The post Analysts Forecast Future of XRP As Coinbase Officially Delists Crypto Asset appeared first on The Daily Hodl.

Analysts Forecast Future of XRP As Coinbase Officially Delists Crypto Asset

Ripple co-founder Jed McCaleb has resumed selling XRP with a latest sale of 28.6 million tokens from his "tacostand" wallet.

After 25 Day Pause, Jed McCaleb Sells 28.6 million XRP

Polkadot

Popular trader and crypto strategist Michaël van de Poppe is naming three crypto assets that he believes will follow Polkadot's recent surge and overtake XRP. In a new video, the trader tells his 22,000 subscribers that he expects Bitcoin to continue consolidating before initiating the next leg up. “What is likely to happen at this […] The post Prominent Analyst Says Three Crypto Assets Will Follow Polkadot's Raging Rally and Surpass XRP appeared first on The Daily Hodl.

Prominent Analyst Says Three Crypto Assets Will Follow Polkadot's Raging Rally and Surpass XRP

The planned new hire along with a recent expansion show Ripple does not seem deterred by legal troubles in the U.S.

Ripple is Hiring Director of Engineering for RippleX Platform

A new report is shedding light on how Ripple plans to defend itself against the SEC's accusations that it illegally sold XRP as an unregistered security. The price of XRP through the years could play a key role in Ripple's defense. Citing sources with knowledge of Ripple's legal strategy, Yahoo Finance reports Ripple plans to […] The post Report Reveals How Ripple Will Defend Itself and XRP Against the U.S. Securities and Exchange Commission appeared first on The Daily Hodl.

Report Reveals How Ripple Will Defend Itself and XRP Against the U.S. Securities and Exchange Commission

The San Francisco-based cryptocurrency exchange Kraken is joining dozens of companies that are dropping support for XRP. The exchange cites the SEC's lawsuit against Ripple, which accuses the company of illegally selling XRP as an unregistered security, as the reason behind its decision to stop all trading of the crypto asset in the US. “After […] The post Crypto Exchange Kraken Prepares To Halt All XRP Trading for US Residents appeared first on The Daily Hodl.

Crypto Exchange Kraken Prepares To Halt All XRP Trading for US Residents

Bitcoin

Ripple's David Schwartz is sharing his own Bitcoin tale of loss and discovery. In a new Quora thread, Ripple's chief technology officer discusses how he misplaced and then recuperated six figures worth of BTC. About a decade ago when Bitcoin was worth around $20, Schwartz created an account with a crypto casino and deposited 8 […] The post Ripple Executive Says He Recovered Massive Bitcoin Stash Lost in Crypto Casino appeared first on The Daily Hodl.

Ripple Executive Says He Recovered Massive Bitcoin Stash Lost in Crypto Casino

Despite the U.S. Securities and Exchange Commission's ongoing lawsuit against Ripple for selling XRP, which it refers to as an unregistered security, Gatehub, with offices in the UK and Slovenia, will not delist the cryptocurrency. According to an announcement to XRP holders, the exchange says it will continue to support the fourth-largest cryptocurrency until there […] The post Crypto Exchange Located in Europe Will Not Delist XRP Despite Legal Battle appeared first on The Daily Hodl.

Crypto Exchange Located in Europe Will Not Delist XRP Despite Legal Battle

Polkadot and XRP have been going in opposite directions since Ripple was sued by the SEC for alleged securities violations.

Polkadot Flips XRP to Become 4th-Largest Cryptocurrency

It joins Coinbase, Binance.US, and others in suspending XRP trading after the SEC sued Ripple Labs.

Kraken Latest Exchange to Suspend XRP Trading

Clients residing outside the U.S. will be unaffected.

Kraken to Halt XRP Trading for U.S. Residents

Gary Gensler, widely expected to be the next chairman of the U.S. Securities and Exchange Commission, believes Ripple's legal battle with the SEC could have a wide-reaching impact on the crypto industry. In an interview back in 2018, Gensler said he believes other crypto projects will likely be directly impacted by the case – regardless […] The post Incoming SEC Chief: Fate of XRP Could Have Wider Impact on Crypto Industry appeared first on The Daily Hodl.

Incoming SEC Chief: Fate of XRP Could Have Wider Impact on Crypto Industry

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

Grayscale Investments is dissolving the Grayscale XRP Trust in light of the U.S. Securities and Exchange Commission's lawsuit against Ripple. Grayscale, which is the largest digital currency asset manager in the world, says it will liquidate the product and distribute the money to its shareholders. “In response to the SEC's action, certain significant market participants […] The post Ripple Effect: Institutional Giant Grayscale To Dissolve XRP Trust appeared first on The Daily Hodl.

Ripple Effect: Institutional Giant Grayscale To Dissolve XRP Trust

Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust's shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple. Grayscale Axes XRP Trust Grayscale Investments announced […]

Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple

Twenty-one lawyers are gearing up to fight the U.S. Securities and Exchange Commission's lawsuit against Ripple and two of its executives. Four lawyers are representing Brad Garlinghouse, the company's chief executive, four are representing co-founder Chris Larsen, and another 13 are working for the company itself, according to court documents. The SEC alleges Ripple illegally […] The post 21 Lawyers Gearing Up To Battle SEC's Case Against Ripple and XRP appeared first on The Daily Hodl.

21 Lawyers Gearing Up To Battle SEC's Case Against Ripple and XRP

Institutional investors interested in buying XRP will have to look elsewhere.

Grayscale to Dissolve XRP Trust Due to SEC's Ripple Lawsuit

The CEO of the Bitcoin futures and payments firm Bakkt says the company has plans to support multiple crypto assets aside from BTC. In an interview on the Axios Re:Cap podcast, Gavin Michael details the coming launch of Bakkt App, which is designed to give people a simple way to pay for everyday items using […] The post Bakkt Planning To Support Additional Crypto Assets, CEO Says XRP Is Off the Table appeared first on The Daily Hodl.

Bakkt Planning To Support Additional Crypto Assets, CEO Says XRP Is Off the Table

The regulator's stance contrasts with that of the U.S. Securities and Exchange Commission.

Japan's FSA Says XRP Not a Security: Report

Grayscale is moving to dissolve its XRP Trust — a move that comes days after it announced the liquidation of XRP positions from its Digital Large Cap Fund. The post Grayscale says it will dissolve XRP Trust, citing market reaction to SEC lawsuit appeared first on The Block.

Grayscale says it will dissolve XRP Trust, citing market reaction to SEC lawsuit

Cash proceeds from the Trust's liquidated XRP will be distributed to Trust shareholders, Grayscale said.

Grayscale Investments Begins Dissolution of Grayscale XRP Trust After SEC Suit

Japan's Financial Services Agency (FSA), the country's securities regulator, has confirmed to The Block that it views XRP as a cryptocurrency and not as a security. The post Japan's top securities regulator says XRP is not a security appeared first on The Block.

Japan's top securities regulator says XRP is not a security

Compound Labs general counsel Jake Chervinsky says Gary Gensler, who is widely expected to become the next chair of the U.S. Securities and Exchange Commission (SEC), will be favorable to Bitcoin (BTC). Chervinsky says Gensler could oversee the approval of the first Bitcoin ETF, which has routinely been rejected by the agency in the past. “Gary […] The post Top Crypto Lawyer Says New SEC Chief Will Boost Bitcoin – But XRP Is Another Story appeared first on The Daily Hodl.

Top Crypto Lawyer Says New SEC Chief Will Boost Bitcoin – But XRP Is Another Story

The Securities and Exchange Commission's Acting Enforcement Director Marc P. Berger led high-profile enforcement actions against cryptocurrency ICOs.

SEC Enforcer Behind $1.3 Billion Ripple Lawsuit Stepping Down

Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), Ripple is pressing forward to bring the XRP Ledger to central banks. The cross-border payments company is looking to hire three central bank technical partner managers, one for each of its offices in San Francisco, New York and London. Whoever fills the new […] The post Ripple Unveils Push To Bring XRP Ledger to Central Banks appeared first on The Daily Hodl.

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