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XRPUSD

Ripple / US Dollar

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Digital Currency

Cryptocurrency Ripple / US Dollar

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XRP's price has risen by 66.88% to $0.79 in the past 24 hours, continuing its positive trend over the past week with a 55.0% gain. The trading volume for the coin has climbed 483.0% over the past week, while the overall circulating supply of the coin has decreased 0.73% to 52.54 billion. XRP's current market cap ranking is #4 at $40.90 billion.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 7:00 pm

Gemini, a cryptocurrency exchange, is considering the listing of XRP for both spot and derivatives trading. This could potentially increase the liquidity and trading volume of XRP.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 5:59 pm

A U.S. judge has ruled that Ripple's sales of the XRP token do not constitute an offer of investment contracts. The decision could have significant implications for the broader cryptocurrency industry. The court applied the Howey Test, a standard used to determine whether certain transactions qualify as 'investment contracts.' The judge concluded that Ripple's institutional sales of XRP to sophisticated individuals and entities constituted the unregistered offer and sale of investment contracts, in violation of Section 5 of the Securities Act. This ruling is a significant development in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).

Portfolio Pulse from Murtuza Merchant

July 13, 2023 | 4:25 pm

Portfolio Pulse from Adam Eckert

July 13, 2023 | 4:24 pm

A judge has ruled that a cryptocurrency token sold to the public may not be classified as securities. This could potentially impact the regulatory landscape for cryptocurrencies.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:04 pm

A U.S. judge has ruled that the SEC lawsuit against Ripple Labs can proceed to trial on some claims. The lawsuit alleges that Ripple conducted an unregistered securities offering.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 3:33 pm

A judge has ruled that Ripple's sales of XRP do not constitute an offer of investment contracts. This ruling could potentially impact the ongoing lawsuit between Ripple and the SEC, which claims that XRP is a security and should have been registered as such.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 3:31 pm

Ex-SEC head Jay Clayton stated that approval of a Bitcoin ETF could be a 'hard to resist' prospect, acknowledging the significant strides made in the digital asset space. He noted that a well-defined regulatory framework could make the approval of an ETF more likely. Leading financial firms including BlackRock Inc and Fidelity have recently lodged their Bitcoin ETF applications.

Portfolio Pulse from Murtuza Merchant

July 10, 2023 | 9:22 pm

Samson Mow, CEO of Bitcoin company Jan3, predicts Bitcoin could reach $3 million per coin by 2033. He dismisses altcoins and meme coins as distractions. His comments come as BlackRock refiles its application with the SEC for a Bitcoin ETF, with Coinbase chosen for surveillance-sharing agreements to detect fraud. Cboe Global Markets has also refiled paperwork for a Fidelity Investments spot BTC ETF. Mow believes approval of a Bitcoin ETF could lead to a significant influx of investment from pension funds and others.

Portfolio Pulse from Mehab Qureshi

July 08, 2023 | 12:33 pm

A man sold his house during the peak of the 2021 bull run and invested the proceeds in HEX, a cryptocurrency. The specific amount involved was approximately 240,000 HEX, which was worth over $1 million at the time. However, the current price of HEX has dropped significantly, indicating a loss of 99.79%. Similarly, a TikTok personality known as Money_talk_tok also incurred a loss after investing $500,000 in XRP, a token associated with Ripple.

Portfolio Pulse from Mehab Qureshi

July 04, 2023 | 1:30 pm

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