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

Ripple CEO, Brad Garlinghouse, took a jab at SEC Chair Gary Gensler through a tweet while visiting the SEC's Washington HQ. This follows the ongoing legal battle between the SEC and Ripple Labs, where the SEC is appealing a judge's ruling that favored Ripple. Ripple has already spent over $100 million on the legal battle. Bitcoin (CRYPTO: BTC) was trading at $27,134.14, up 1.14% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 20, 2023 | 4:24 am

Ethereum co-founder, Joseph Lubin, expressed confidence that disagreements between crypto companies and the SEC will be resolved favorably. He drew parallels with past technological advancements and emphasized that decentralized protocols, blockchain, and cryptocurrency align with U.S. philosophies. Major crypto entities, including Binance, Coinbase, and Ripple, are currently in legal battles with the SEC over alleged regulatory breaches.

Portfolio Pulse from Murtuza Merchant

September 14, 2023 | 12:47 pm

Ethereum co-founder Joseph Lubin has expressed confidence that the ongoing disputes between the U.S. Securities and Exchange Commission (SEC) and crypto firms over the classification of crypto tokens will be resolved favorably. Lubin's comments come as crypto firms such as Binance, Coinbase, and Ripple continue to face lawsuits from the SEC for alleged law infringements. Lubin insists that ether should be considered more of a commodity, similar to oil.

Portfolio Pulse from Benzinga Neuro

September 14, 2023 | 9:39 am

Ripple CEO Brad Garlinghouse announced that the company plans to conduct 80% of its hiring outside the U.S. due to ongoing regulatory challenges. He criticized the lack of clarity in U.S. regulations, contrasting it with clearer frameworks in regions like Singapore, the U.K., and Dubai. Garlinghouse also touched upon the recent legal victory for Ripple, where a U.S. court ruled in favor of the company, stating that its native token, XRP, is not a security. However, the SEC has indicated a potential appeal against the decision.

Portfolio Pulse from Murtuza Merchant

September 13, 2023 | 1:39 pm

XRP's price has decreased by 4.99% over the past 24 hours to $0.47, continuing its downward trend over the past week of -5.0%. The trading volume for the coin has risen 22.0% over the past week while the circulating supply has decreased 0.08% to 53.08 billion. The current market cap ranking for XRP is #6 at $24.94 billion.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 3:00 pm

The Securities and Exchange Commission (SEC) has filed a reply memorandum in further support of its motion to certify interlocutory appeal in the SEC vs Ripple case.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 7:55 pm

Ripple, a leading enterprise blockchain and crypto solutions company, has announced its acquisition of Fortress Trust, a subsidiary of Fortress Blockchain Technologies. Fortress Trust provides licensed Web3 financial, regulatory, and technology infrastructure for blockchain innovators. This acquisition follows Ripple's recent purchase of crypto custody provider Metaco for $250M. The acquisition of Fortress Trust expands Ripple's portfolio of regulatory licenses, as Fortress Trust holds a Nevada Trust license. Ripple plans to invest in parent company, Fortress Blockchain Technologies and its FortressPay services after the deal closure.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:07 pm

Hong Kong-based HashKey Capital, a subsidiary of HashKey Group, is set to launch a secondary crypto market fund focusing on emerging cryptocurrencies. The fund aims to surpass Bitcoin's performance and will not be heavily reliant on Bitcoin and Ethereum, which will constitute less than half of its investments. Instead, it plans to focus on altcoins such as Ripple, Dogecoin, and Shiba Inu. The company, which manages over $1 billion in assets, aims to accumulate $100 million for this fund within a year.

Portfolio Pulse from Murtuza Merchant

September 01, 2023 | 2:00 pm

XRP's price has fallen 3.25% to $0.52 in the past 24 hours, contrasting its positive trend over the past week where it gained 1.0%. XRP's trading volume has increased 36.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.34%. The current market cap ranking for XRP is #5 at $27.85 billion.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:00 pm

Cryptocurrencies are trading higher after a US federal appeals court ruled that the SEC was wrong to reject Grayscale's spot bitcoin ETF application.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 2:36 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.