Ripple CEO Says The U.S. SEC is Holding Back XRP’s Potential
Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of regulatory clarity from the U.S. Securities and Exchange Commission (SEC). Previously, both Garlinghouse, and Ripple CTO Chris Larsen, had expressed a desire to leave the U.S. due to what they perceive as stifling conditions. More recently, in a CNN interview, Garlinghouse said little has […]
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A recent analysis by a crypto market expert has reignited interest in XRP’s potential utility, especially in the context of Ripple capturing a portion of SWIFT’s global transaction volume. According to the expert, if Ripple secures just 14% of SWIFT’s market share, the implications for XRP’s supply and potential could be significant. XRP’s Potential If Ripple Takes On 14% Of SWIFT Market expert Crypto Eri has emphasized, through detailed mathematical calculations, the impact Ripple, capturing 14% of SWIFT’s total annual cross-border volume, could have on XRP’s supply and daily....
Several crypto analysts and influencers in the XRP community have continued to make their predictions as to the future of the XRP price. This time, another has predicted the token to rise to $100 and given tips on how one could make money from this occurrence. How To Make $1 Million From XRP In a post shared on the X (formerly Twitter) platform, Crypto Analyst and XRP influencer Crypto Assets Guy stated that XRP had the potential to reach $100 in 3-5 years. As to the best way XRP holders could benefit from such a significant increase in XRP’s price, he opined that holding 10,000 XRP is....
A former Ripple executive is speaking out about how the firm’s previous work with central bank digital currencies, also known as CBDCs, may help XRP’s growth. Welfare also pointed out that the next step is making CBDCs, stablecoins, and other forms of digital money work together. If this happens, XRP could benefit and play a […]
The price of XRP is showing bullish signs in the short term despite the ongoing SEC lawsuit against Ripple. XRP holders are still struggling around the $0.30 area while the majority of the cryptocurrency markets are euphoric with Bitcoin (BTC) price surpassing $40,000.BTC price is currently over 100% higher than the previous all-time high in 2017, while XRP’s price is still down more than 90% from the all-time high in 2017. A lawsuit from the SEC against Ripple is certainly not bullish and is the primary reason for this overall weakness as this is prompting some exchanges to delist.....
According to multiple reports, Ripple Labs is organizing an effort to raise about $1 billion to build a new XRP treasury intended to hold a large stock of the token. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” The effort would use a special purpose vehicle to gather outside capital and combine it with XRP that Ripple itself may put into the fund. The plan is still being negotiated and has not been finalized. Plans To Raise $1 Billion Reports have disclosed that the $1 billion target would be raised through a SPAC-style vehicle, with Ripple expected....