Ripple Making Good Progress In Case With SEC, According To CEO

Following months of ongoing battles and legal pressure, Ripple is finally making some progress in its lawsuit with the SEC. CEO Brad Garlinghouse said he expects the case to finally end next year. Lawsuit Update From Brad Garlinghouse Brad Garlinghouse – CEO of Ripple – elaborated on the lawsuit’s latest development in an interview with CNBC on Monday. The lawsuit began in December of 2020, with the SEC accusing Ripple of selling $1.3 billion worth of XRP in an unregistered…

Ripple CEO Calls DOGE Inflationary – While Ripple’s Inflation May Have Reached 20%

Ripple CEO took a shot at a competing crypto - the famous meme coin DOGE. He said he wouldn't hold it due to its inflationary nature. However, one research firm showed that Ripple's inflation rate reached 20% last year. Brad Garlinghouse, the CEO of Ripple Labs, took a shot at Dogecoin due to its alleged inflationary nature. "I am not convinced, somewhat controversially, I guess, that dogecoin is good for the crypto market," he said. DOGE is the giant meme…

Major Pakistan Bank Partners With Ripple To Facilitate Remittances From UAE

The case for crypto in developing countries is getting stronger. This is due to the newest development from the United Arab Emirates. UAE's financial services provider LuLu Exchange has partnered with Pakistan's leading Alfalah bank to facilitate remittances - with Ripple. Specifically, to aim of the partnership is to facilitate remittances from UAE to Pakistan. Cross-border payments are one of Ripple’s primary use cases. Blockchain tech could now benefit the 1.5 million Pakistanis who live in the UAE. Ripple network could…

TA: Short-Term Outlooks for XRP: Indices, and Major Players

Ripple Labs remains one of the blockchain industry’s biggest companies. The company’s XRP coin is the industry standard for international payments. XRP has endured a bit of a challenging year. This is because the Securities and Exchange Commission (SEC) sued Ripple Labs for securities fraud. But, recent developments show some hope for the coin. It is worth noting that XRP has performed exceptionally well this year. The SEC suit against Ripple came last December, and the coin’s price went down.…

Beginner’s Guide To Bitrue – Get More Features from Your Exchange

Bitrue is a digital asset management platform that combines the benefits of a decentralized ecosystem with the convenience of a centralized exchange. The protocol enables users to buy, sell, trade, lend, and stake an array of digital assets with ease. As such, the network continues to expand its market position. Notably, Bitrue currently has over 4 million users.   What Problems Does Bitrue Solve? The developers behind the Bitrue concept sought to reduce or eliminate a variety of issues faced by…

BTC Price Retreats below $30K, While ETH Could Tumble to $1,500

The price of bitcoin is trading well below the $30K support amid a broader crypto market retreat. The BTCUSD pair slipped as low as $29,300 on Tuesday morning, trading lower than it did at the start of 2021.  The heavy losses now mean that the king coin has erased all the gains accumulated in this year's bull cycle, despite rising to lofty heights above $64K just three months ago. Many market participants are now exhibiting extreme fear after the latest…

The SEC May Try to Settle with Ripple Before Case Reaches Trial

The drawn-out legal dogfight between Ripple and the Securities and Exchange Commission (SEC) may have taken a dramatic twist in favor of the blockchain-based digital payment company. According to a recent tweet from Attorney Jeremy Hogan, the SEC may try to settle with Ripple before the case ever reaches trial. He explained that less than 10% of criminal and civil lawsuits ever make it to trial due to resource pressures faced by the U.S. legal system.  The attorney gave his…

BNB or XRP, Which is The Best Crypto to Buy Now?

Investing in crypto is tricky but highly profitable. For instance, there are many viable investment options in crypto today, and more are joining every month; therefore, deciding on the choice of asset is hard. It's no doubt that BTC is the best asset, especially considering its recent bull run hitting $64k in value. Ethereum comes in second in market cap. In the past few days, XRP and BNB have been fighting for the third slot, and currently, BNB is thriving.…

WMA: Bitcoin Rejected Again at $60k but Altcoins Record Historic Gains

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,056 trillion. Bitcoin increased by nearly 3% but still couldn’t overcome the $60,000 barrier. Ethereum sets a new ATH for the second week in a row after a 4% increase. XRP increased by roughly 135% after a minor victory in the lawsuit against SEC. Binance Coin increased by almost 40% to set a new…

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