$83,788.00
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3.01%$129.19
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-3.40%$1,909.70
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-7.03%$9.81
0.72%$3.55
2.68%$13.72
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0.02%$2,286.73
-0.77%$0.194619
1.74%$0.00001345
4.34%$18.64
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-1.42%$93.58
1.24%$4.44
2.32%$6.87
3.27%$336.92
-0.54%$0.999636
0.01%$4.43
-0.46%$1,912.07
-0.84%$0.997803
-0.16%$13.56
-3.87%$28.36
-1.67%$2,033.03
-0.74%$211.43
0.13%$6.24
-0.01%$1.044
0.08%$5.35
-0.21%$2.57
-3.04%$49.08
5.36%$0.00000679
-4.60%$0.834773
4.52%$5.75
-1.13%$17.77
-0.91%$21.76
0.47%$0.840838
-3.34%$83,776.00
-0.82%$169.51
-1.65%$29.89
1.64%$0.085357
2.84%$11.38
-5.15%$0.02481283
-1.34%$248.42
-3.08%$0.999716
0.04%$4.65
-0.59%$0.366431
-1.24%$0.074426
-7.44%$2.92
-0.49%$0.215845
-1.00%$3.43
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-0.20%$3.20
-2.33%$83,592.00
-0.73%$0.191024
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-0.51%$0.504358
-4.72%$0.518235
-2.06%$83,432.00
-0.88%$1.00
0.00%$1,902.23
-1.33%$78.47
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-1.02%$0.447528
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-1.48%$0.860543
-1.21%$0.554914
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-2.22%$0.99755
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-0.94%$0.01517395
-0.45%$134.34
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-1.45%$0.950502
-0.06%$0.999636
-0.05%$0.00001076
-2.47%$81,859.00
-2.50%$1.00
0.01%$2,026.86
-1.06%$0.995678
-0.41%$625.03
2.72%$0.487407
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0.14%$0.0168459
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5.28%$0.697145
-2.20%$0.283781
-0.70%$0.998755
-0.27%$0.00000069
-1.38%$83,608.00
-0.66%$0.01397209
-3.68%$34.04
-0.03%$2.16
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-3.41%$0.410243
-1.01%$0.109284
-1.20%$3,000.27
0.08%$1.00
0.05%$164.87
-4.60%$2.05
10.51%$1,987.05
-0.88%$0.00006145
-1.84%$3.20
4.45%$7.98
-2.20%$16.51
-3.41%$0.41961
-0.91%$1.00
0.00%$0.148976
-1.61%$33.72
2.97%$141.03
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-0.14%$0.999734
0.05%$3.28
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0.10%$18.23
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0.00%$0.265314
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0.59%$0.7464
0.82%$0.48157
-3.76%$82,250.00
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4.94%$2,026.07
-0.95%$0.999059
-0.10%$1,912.32
-0.88%$0.172122
-1.08%$0.086732
0.54%$83,542.00
-1.18%$0.04489858
-2.76%$0.00002128
-0.31%$0.52018
-1.57%$83,206.00
-0.91%$0.520624
-3.37%$1,910.82
-0.94%$0.01249961
-4.61%$0.00000042
-3.10%$6.03
3.59%$110.33
0.00%$0.00649911
-2.20%$0.406631
-1.21%$1.001
0.10%$1.15
-4.48%$1.066
0.00%$82,942.00
-0.85%$1.091
0.90%$1.40
-3.33%$42.98
1.30%$0.216052
-1.16%$0.404392
-1.63%$0.401293
-2.56%$1,909.04
-0.67%$21.89
-0.36%$1,991.95
-0.80%$0.849926
-2.92%$0.998384
0.01%$83,619.00
-0.62%$0.00006334
-2.13%$0.00409038
-3.89%$0.299687
-6.00%$1,912.30
-3.44%$1.41
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-3.22%$0.999902
-0.15%$1.33
0.04%$0.03308343
-2.35%$0.00621553
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0.14%$124.48
-1.20%$0.26153
-2.18%$0.00568271
-1.29%$4.01
1.30%$1,889.72
-0.77%$0.300309
-13.46%$1.27
-3.44%$0.147917
-3.20%$0.02902735
-3.24%$1,908.98
-0.90%$0.285904
-0.71%$0.832096
-1.55%$17.21
2.15%$22.95
-0.73%$2,087.78
-0.80%$1.14
-1.39%$0.201273
-0.54%$0.03501178
-4.01%$0.628709
0.82%$2,016.46
-0.85%$83,569.00
-0.77%$0.999714
-0.03%$0.533397
-2.61%$0.072384
-0.68%$2.77
2.16%$2.33
-5.35%$0.999592
0.02%$1,683.56
-0.63%$0.00000012
-0.35%$83,584.00
-0.83%$0.03721427
-2.74%$0.087032
-3.96%$2,073.28
-0.79%$2,986.66
0.08%$0.00335262
1.58%$0.998355
-0.18%$0.00238987
-3.88%$1,895.23
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1.71%$4.29
1.82%$0.577547
-6.16%$0.01221346
-1.22%$0.0314176
-1.35%$0.104842
-2.45%$0.423814
0.05%$35.56
29.27%$0.638813
0.69%$1,910.47
-0.96%$2.17
-2.19%$0.091133
-6.56%$0.004925
-1.31%$0.00254412
1.68%$0.14648
-2.87%$0.03222252
-1.25%$2.17
-0.81%$0.195021
-4.08%$5.49
-0.98%Reading
Role
CEO at Ripple Labs
Location
San Francisco, California
Education
University of Kansas(BA), Harvard University(MBA)
Current Project
Ripple
Previous Projects
Animoto, Tonic Health, Ancestry.com, Hightail, AOL, Silver Lake, Yahoo
The price of XRP, cryptocurrency tokens that may or may not have been created by Ripple Labs, has lost around 18% today after several reports suggested that the US Securities and Exchange Commission (SEC) is preparing a lawsuit against the company.
At press time, XRP is trading at around $0.455, down 18.28% on the day, according to CoinMarketCap. Just a few hours ago, the token’s price amounted to roughly $0.58.
According to a statement published earlier today by Ripple CEO Brad Garlinghouse, he expects the SEC to sue the company for selling unlicensed securities. At the time, XRP’s market cap stood at roughly $23 billion—it has decreased to $20.7 billion since then.
Today, the SEC voted to attack crypto. Chairman Jay Clayton - in his final act - is picking winners and trying to limit US innovation in the crypto industry to BTC and ETH. (1/3) https://t.co/r9bgT9Pcuu
— Brad Garlinghouse (@bgarlinghouse) December 22, 2020
“Today, the SEC voted to attack crypto. Chairman Jay Clayton - in his final act - is picking winners and trying to limit US innovation in the crypto industry to BTC and ETH,” wrote Garlinghouse, adding, “The SEC [...] should not be able to cherry-pick what innovation looks like (especially when their decision directly benefits China).”
He concluded that Ripple is “ready to fight” and “this battle is just beginning.”
Those standing by for an answer to the question of whether Ripple’s XRP cryptocurrency qualifies as a security under US federal law will have to wait a while longer. Ripple is in the midst of fighting a class-action lawsuit waged by scorned investors who allege that XRP was sold as an “unregistered security” and are therefore entitled to compensation, as well as a refund of their investment. Ripple lobbed a motion to dismiss the lawsuit in August, according to court documents filed to a Californ...
The SEC’s main issue with XRP reportedly lies with the token’s nature itself. While the regulator previously stated that cryptocurrencies such as Bitcoin or Ethereum are not securities, it didn’t rule out the rest of the market.
In the past, the regulator has already gone after several high-profile token projects on this premise. In April, the SEC’s lawsuit ultimately derailed Telegram Open Network by alleging that it’s $1.7 billion token sale was illegal. In October, cryptocurrency project Kin got a bit luckier and got away with “just” a civil fine of $5 million. But an ongoing lawsuit itself could be even more damaging.
Digital asset prime broker FalconX said Saturday it has completed the “first-ever” block trade for CME Group's Solana futures with StoneX as counterparty, a day ahead of the SOL futures launch of new contracts expected on March 17. The San Mateo, California headquartered broker executed the transaction with the goal of providing a way "to manage risk and price exposure on a regulated venue," Josh Barkhordar, head of U.S. sales at the firm said in a statement. A block trade in this context is a l...
Bitcoin and Ethereum extended losses on Sunday as traders braced for another volatile week, with U.S. stock futures pointing lower ahead of the Federal Reserve’s upcoming policy meeting. Bitcoin slipped nearly 1.8% to trade around $82,700, while Ethereum dropped 2.5% to $1,889, as investors assessed the impact of macroeconomic uncertainty and shifting regulatory developments. As of Sunday evening, Dow Jones Industrial Average futures declined 0.37%, while S&P 500 and Nasdaq Composite futures fel...
One week after U.S. President Trump announced a strategic Bitcoin reserve, the asset is trading down—mostly thanks to wider macroeconomic uncertainties stemming from the new commander in chief's dramatic and unpredictable policies. Bitcoin was priced at a little over $84,000 per coin as of late Friday evening after dipping nearly 4% over a seven-day period, CoinGecko shows. But despite dipping more than 20% from its record high in January, the slump could be brief, analysts told Decrypt. Thanks...
