Streetbeat News

XRPUSD

Ripple / US Dollar

Industry

Digital Currency

Cryptocurrency Ripple / US Dollar

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

A federal judge has denied the Securities and Exchange Commission’s (SEC) attempt to appeal its loss against Ripple (CRYPTO: XRP), causing XRP's price to surge 5%. The SEC had accused Ripple of conducting an unregistered securities offering worth approximately $1.3 billion by selling XRP tokens. A trial date has been set for April 2024 to address unresolved matters.

Portfolio Pulse from Mehab Qureshi

October 04, 2023 | 3:53 am

Honda Motor Co Ltd. has expanded its payment options to include around 46 cryptocurrencies, in partnership with blockchain payment system, FCF Pay. This move comes as Japan sees a rise in crypto funding for startups and the country's ruling Liberal Democratic Party's Web3 project team releases proposals to expand the Web3 industry. Honda also unveiled a new limited edition NFT at the Formula One Honda & Red Bull welcome event in Tokyo.

Portfolio Pulse from Khyathi Dalal

October 03, 2023 | 9:57 pm

Ripple has withdrawn from its planned acquisition of Fortress Trust, but will remain a shareholder in the parent company, Fortress Blockchain Technologies. The deal was initially intended to expand Ripple's license pool in the U.S. and invest in other Fortress group companies. Meanwhile, Ripple Labs has been included in the National Bank of Georgia's exclusive list for its second Central Bank Digital Currency pilot venture. This has led to notable gains in price and volume for XRP.

Portfolio Pulse from Khyathi Dalal

September 29, 2023 | 7:30 pm

XRP's price rose 4.87% to $0.53 in the past 24 hours, continuing its positive trend over the past week with a 4.0% gain. The coin's trading volume has climbed 151.0% over the past week and the circulating supply has increased 0.22% to 53.31 billion. The current market cap ranking for XRP is #5 at $28.30 billion.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 3:00 pm

Bitcoin (BTC) traded above $27,000 on Friday, while Ethereum (ETH) traded below the $1,700 mark. Core PCE prices in the U.S. rose by 0.1% month-over-month in August, the least since Nov. 2020. Pepe (PEPE) was the top gainer over the prior 24 hours, while Maker (MKR) was the biggest loser. The global crypto market cap rose to $1.08 trillion, recording a 24-hour gain of 2%.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 2:06 pm

Craig Wright, founder of Bitcoin SV, claims that Yoshitaka Kitao, chairman of SBI Holdings, received $60 million in XRP tokens for promoting Ripple. Kitao, a former board member of Ripple Labs, has been a strong supporter of XRP and has previously stated that every bank in Japan will use XRP by 2025. Wright also mentioned that Jesse Powell, founder of US digital currency exchange Kraken, was another beneficiary of XRP tokens. Kraken suspended trading of XRP in 2021 after the US SEC filed suit against the company, but re-listed the digital currency in 2022.

Portfolio Pulse from Daniel Harrison

September 28, 2023 | 2:30 pm

Crypto analyst Nicholas Merten warns of potential price corrections for major cryptocurrencies, including Cardano (ADA), Ripple (XRP), and Binance Coin (BNB). He suggests that these digital assets might be on the brink of substantial downturns due to increased available supply from the release of previously locked assets. Merten's analysis is based on market liquidity and its impact on price direction.

Portfolio Pulse from Murtuza Merchant

September 27, 2023 | 6:20 pm

Ripple's legal expenses have surged to $200 million, doubling from the $100 million reported in July 2022, due to the ongoing legal tussle with the U.S. Securities and Exchange Commission (SEC). Ripple's CEO, Brad Garlinghouse, criticized SEC Chairman Gary Gensler for his aggressive stance. Amidst the regulatory turmoil in the U.S., Ripple and Coinbase Global Inc. are considering Asia for future expansion.

Portfolio Pulse from Murtuza Merchant

September 21, 2023 | 7:04 pm

Dogelon Mars (CRYPTO: ELON) has surpassed Bitcoin (CRYPTO: BTC) as the most talked-about cryptocurrency, according to behavior analytics platform Santiment. The token saw a recent surge in network growth and a 1.7% price surge. However, it was a profitable investment for only 14% of investors. Bitcoin and FINSCHIA (FNSA) followed ELON in the discussion rate percentage increase.

Portfolio Pulse from Khyathi Dalal

September 20, 2023 | 11:15 pm

The New York Department of Financial Services (DFS) has updated its list of approved cryptocurrencies, removing Ripple (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE), and Litecoin (CRYPTO: LTC). The revised list includes Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and PayPal Dollar. The changes are part of DFS's updated digital currency supervision plan.

Portfolio Pulse from Benzinga Neuro

September 20, 2023 | 1:53 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.