XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

Japanese financial services giant SBI Holdings is adding XRP to its cryptocurrency lending service. In a new press release, SBI reveals XRP holders can now earn interest by lending their crypto assets to its VCTRADE cryptocurrency exchange platform. “Today, we have started handling XRP in the rental crypto asset ‘VCTRADE LENDING' service. By lending the […] The post Financial Giant SBI Launches XRP Lending Service appeared first on The Daily Hodl.

Financial Giant SBI Launches XRP Lending Service

Former U.S. Securities and Exchange Commission (SEC) executive Joseph Hall thinks there's a strong chance the SEC loses its case against Ripple. Hall, a partner at the law firm Davis Polk, says in a new interview on Thinking Crypto that he found the SEC case “pretty astonishing.” He argues that a judge reviewing the lawsuit […] The post Former SEC Official Says There's a Good Chance Agency Loses Its Case Against Ripple and XRP – Here's Why appeared first on The Daily Hodl.

Former SEC Official Says There's a Good Chance Agency Loses Its Case Against Ripple and XRP – Here's Why

Users of SBI's cryptocurrency exchange can lend XRP for a return of 0.1% per annum.

Japan's SBI Adds XRP to Cryptocurrency Lending Service

Former U.S. Securities and Exchange Commission (SEC) executive Joseph Hall says the regulatory body's lawsuit against Ripple highlights the overall need for clarity in the crypto asset industry. In a new opinion piece, the former SEC executive says the regulatory status of most crypto assets remains in a grey area that's hampering the growth of […] The post Former SEC Official Says Case Against Ripple Is Not a Slam Dunk – Here's Why appeared first on The Daily Hodl.

Former SEC Official Says Case Against Ripple Is Not a Slam Dunk – Here's Why

Dogecoin

Pumpers and dumpers have caused the collapse of XRP and Dogecoin prices, while Ethereum continues its meteoric rise thanks to DeFi.

Markets Flip as XRP, Dogecoin Price Collapse After Weekend Surge

XRP climbed more than 100% over the weekend, but lost more than 50% of its value today. Where will the digital token go next?

XRP Plunged More Than 50% After Its Latest Pump

Two popular crypto analysts are forecasting what's next for XRP after its big breakout. After the asset moved from about $0.28 on Friday to its current price of $0.66, Michaël van de Poppe says XRP could go to $1.00 or higher – but recommends traders avoid chasing the pump. He predicts 95% of investors will […] The post Top Traders Analyze State of XRP After Crypto Asset's Big Breakout appeared first on The Daily Hodl.

Top Traders Analyze State of XRP After Crypto Asset's Big Breakout

XRP has crashed hard from two-month highs reached early Monday, with a planned community buying effort failing to yield desired results.  The cryptocurrency is trading near $0.42 – down 40% from the high of $0.75 reached at around 11:10 UTC, according to CoinDesk 20 data.

XRP Pump Fails to Materialize as Price Crashes 40% From Day's High

On the back of the WallStreetBets movement, a Telegram channel has been pumping the price of XRP—despite the SEC lawsuit.

XRP Price Rockets to $0.75 After 295,000 Telegram Users Pump It

XRP has more than reversed the late December drop prompted by an SEC lawsuit against Ripple with a rally to two-month highs.

XRP Erases SEC-Led Drop as Supporters Pump Price Over $0.60

But on the other hand, the legendary musician doesn't recommend that anyone should buy these tokens.

‘Kiss' Bassist Gene Simmons Buys Dogecoin and XRP

Polkadot

In a surge reminiscent of dogecoin's recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66   As […]

XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours

Investors continue to actively inflate the prices of Dogecoin and XRP while DeFi takes a tumble. Wall Street suffers worst week since October.

Dogecoin and XRP Soar As Market Splits

A closely-followed crypto strategist and trader is updating his short-term forecast for XRP. In a new tweet, the pseudonymous analyst, known in the industry as Credible Crypto tells his 102,600 followers that XRP is not done moving higher following its ascent to a 30-day high of $0.48. “So I suspect we get our monthly close above […] The post Strategist Who Called Massive XRP Rally Forecasts What's Next for Fourth-Largest Crypto Asset appeared first on The Daily Hodl.

Strategist Who Called Massive XRP Rally Forecasts What's Next for Fourth-Largest Crypto Asset

"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk.

XRP Posted Biggest Single-Day Gain in 3 Years in a Coordinated Buying Attack

Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts regarding the cryptocurrency. In the court document filed on Jan. […]

Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP

XRP, a digital token created by the company Ripple, has added more than 50% to its price over the last 24 hours, climbing after dogecoin crashed—losing over half its recent gains...

After Massive Dogecoin Crash, Ripple's XRP Has Suddenly Rocketed Higher

Ripple has filed an official response to the U.S. Securities and Exchange Commission's (SEC) lawsuit against the company. The SEC says Ripple sold unregistered securities in the form of XRP for years. Ripple counters that XRP can't be regulated because of its use case as a means of transferring value. “The Complaint filed by the […] The post Ripple Says SEC's Lawsuit Centered on ‘Unprecedented and Ill-Conceived Legal Theory' in Official Response to XRP Allegations appeared first on The Daily Hodl.

Ripple Says SEC's Lawsuit Centered on ‘Unprecedented and Ill-Conceived Legal Theory' in Official Response to XRP Allegations

As Ripple pushes back in the courtroom, XRP's price hikes.

XRP's Price Just Jumped 40%. Here's Why

Flare Networks is defining the extent of the project's capabilities, claiming that its protocol could bring smart contract functionality to Bitcoin. In a recent interview hosted by Real Vision, Flare's co-founder Hugo Philion says that after XRP, their project could potentially bring smart contract capabilities to the Bitcoin blockchain. “We are a network that is […] The post After XRP, Flare Networks May Bring Smart Contracts Functionality to Bitcoin appeared first on The Daily Hodl.

After XRP, Flare Networks May Bring Smart Contracts Functionality to Bitcoin

In a Friday filing, Ripple Labs pushed back against the SEC's allegations.

Ripple Responds to SEC Lawsuit Over XRP Sales

Ripple announced Friday that it has filed its initial response to the SEC's lawsuit in federal court. The post Ripple files court response to the SEC's XRP lawsuit appeared first on The Block.

Ripple files court response to the SEC's XRP lawsuit

Bitcoin and Ethereum are not securities by the SEC's standards, says Ripple. So why should XRP be?

Ripple Cites SEC's Stance on Bitcoin, Ethereum in Lawsuit Defense

Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit, filed Monday in a Florida district court alleges that the “sale […]

Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security

Ripple is facing another class action lawsuit accusing the firm of selling retail investors an unregistered security in the form of XRP. The firm's latest legal battle was filed in Florida by resident Tyler Toomey. Toomey's suit states that the sale of XRP constitutes an “investment contract” under Florida security laws, and that Ripple and […] The post Ripple Facing New Class Action Lawsuit Over XRP – This Time in Florida appeared first on The Daily Hodl.

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