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Ripple / US Dollar

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Cryptocurrency Ripple / US Dollar

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Crypto custody provider Atato is integrating with Cronos Chain and XRP Ledger (CRYPTO: XRP) blockchain. The integration aims to streamline the coding processes, enhance security, flexibility, and operational efficacy, and address the industry challenge of restricted asset backing. The integration is part of Atato's Bring-Your-Own-Chain (BYOC) network, which is expected to benefit web3 builders, startups, developers, SMEs linked with XRP Ledger, Cronos ecosystems, and other such environments.

Portfolio Pulse from Murtuza Merchant

October 26, 2023 | 1:09 pm

XRP's price has risen by 8.56% in the last 24 hours to $0.58, continuing its positive trend over the past week with a 17.0% gain. The coin's trading volume has increased by 230.0% over the past week, and its circulating supply has increased by 0.33% to 53.44 billion. XRP's current market cap ranking is #5 at $30.87 billion.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:00 pm

In the ongoing lawsuit between Ripple (CRYPTO: XRP) and the U.S. Securities and Exchange Commission (SEC), lawyer Bill Morgan believes that the odds are in favor of Ripple, with only a 3%-14% chance of the SEC winning its appeal. The SEC recently dropped all charges against Ripple CEO Brad Garlinghouse and Executive Chair Chris Larsen. The XRP token price is trading 2.6% higher at the time of writing, with a 6.6% surge reported over the past week.

Portfolio Pulse from Khyathi Dalal

October 23, 2023 | 6:48 pm

Bitcoin (BTC) has seen a trading volume increase of 36% to $17.6 billion in the past 24 hours, and an expansion of 2.5% in its market cap. Other cryptocurrencies such as Ethereum (ETH), XRP, and Dogecoin (DOGE) also saw gains of 5-8%. The crypto market is seen to be protected against the headwinds of higher bond yields that have pressured the broader SPX and DJIA. The likely approval of a Spot Bitcoin ETF is seen as a positive development for Bitcoin.

Portfolio Pulse from Khyathi Dalal

October 23, 2023 | 1:24 pm

MicroStrategy Inc's Bitcoin holdings have become profitable again as Bitcoin's value climbed above $30,000, driven by renewed hopes for SEC ETF approval and market optimism following the dismissal of charges against two Ripple executives. The company's total Bitcoin holdings were acquired at an average price of approximately $29,582 per coin, resulting in a profit of roughly $17.82 million. However, data suggests that if MicroStrategy had invested in Ethereum instead, their profit would have been significantly higher.

Portfolio Pulse from Mehab Qureshi

October 23, 2023 | 3:35 am

XRP's price has increased by 6.75% over the past 24 hours to $0.52, and by over 8.0% over the past week. The trading volume for the coin has risen 203.0% over the past week, while the circulating supply has decreased by 0.29%. The current market cap ranking for XRP is #5 at $27.72 billion.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 3:00 pm

Bitcoin (BTC) has breached the $30,000 mark for the first time since August 2023, driven by amendments to spot Bitcoin ETF filings by Blackrock and Fidelity, and a similar filing by Grayscale. The price dipped slightly below $30,000 at the time of writing. Market experts suggest that if Blackrock's ETF receives approval, Bitcoin could surge to $56,000. Other cryptocurrencies such as Ethereum (ETH), BNB, XRP, and Solana (SOL) also saw price increases.

Portfolio Pulse from Khyathi Dalal

October 20, 2023 | 1:20 pm

The U.S. Securities and Exchange Commission (SEC) has asked the judge to dismiss its lawsuit against Ripple's key executives, Christian Larsen and Bradley Garlinghouse. The lawsuit was centered around allegations that Larsen and Garlinghouse aided Ripple's violations of the Securities Act of 1933 with Ripple's 'Institutional Sales' of XRP. The SEC and Ripple will deliberate on a potential briefing schedule concerning the appropriate remedies against Ripple for its alleged Section 5 violations tied to its Institutional Sales of XRP. The SEC had also taken legal action against Binance and Coinbase Global Inc.

Portfolio Pulse from Murtuza Merchant

October 19, 2023 | 9:56 pm

Roblox (NYSE:RBLX) has partnered with BitPay to include Ripple's XRP as a payment method for in-game purchases, subscriptions, and transactions. The move is expected to expose Roblox's user base, 44% of which is under 13 years of age, to cryptocurrency. In Q1 2023, Roblox users reported around $773 million in in-game spending. Ripple is known for its fast transaction speeds and low fees, which could enhance the gaming experience for Roblox users.

Portfolio Pulse from Khyathi Dalal

October 17, 2023 | 3:48 pm

South Korean cryptocurrency exchange Upbit has received preliminary consent from the Monetary Authority of Singapore (MAS) to provide digital payment token services in Singapore. If Upbit secures complete approval, it will join 16 entities with comprehensive digital payment token service licenses from MAS. Last month, Singapore branches of Coinbase, Ripple, and Sygnum Bank also received licenses from MAS.

Portfolio Pulse from Murtuza Merchant

October 16, 2023 | 4:17 pm

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