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One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of the US SEC Lawsuit According to the official statement, Moneygram […]
The post Moneygram Distances Itself From the Ripple Turmoil With the US SEC appeared first on Bitcoin News.
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The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and the subsequent delisting of XRP on various platforms. Ever since the […]
The post Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator appeared first on Bitcoin News.
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Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s dominance index has risen […]
The post XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed appeared first on Bitcoin News.
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The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that is out of step with the G20 countries […]
The post SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security appeared first on Bitcoin News.
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Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied its PayID brand. NPPA’s service has been in […]
The post Ripple Sued by 13 Australian Banks for Trademark Infringement appeared first on Bitcoin News.
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The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented investors wanted the court to determine whether the “native token […]
The post US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2 appeared first on Bitcoin News.
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Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart people” have drank the “XRP-Kool-aide.” A number of digital currency investors […]
The post Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed appeared first on Bitcoin News.
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Despite their many differences, crypto-related companies are now working together to fight the coronavirus. Will this highlight the significance of the industry?
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Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in the future. Additionally, crypto enthusiasts have been discussing Ripple […]
The post XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins appeared first on Bitcoin News.
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It’s Monday and the beginning of a new week. Most cryptocurrency markets are still trying to recover from this weekend’s downhill slide with Litecoin up over 2% in the past 24 hours, showing first signs of life. Ripple’s XRP price is down 2.8% after breaking down through the $0.28 support. With the recent news about the SEC suing Ripple Labs over its XRP sale, this bearish momentum is not unexpected and unfortunately may last for quite some time. Let’s take a look at any new developments for Ripple and XRP, and let’s also take a look at the charts to
The post Ripple’s XRP Price Analysis and Prediction for September 23rd – $0.28 Support Failed appeared first on The Merkle Hash.
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