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Price data by
PricesXRP

XRP News

XRP is a cryptocurrency designed to facilitate transfers between financial institutions. Ripple, the project behind XRP, differs from both Bitcoin and Litecoin in several key aspects: it relies on sale as opposed to mining as a means of freeing up new currency, and its transaction speeds are of a different order of magnitude (nearly 1,000 transactions per second to Bitcoin’s 7 tps) . While the ideas behind XRP date back to 2004, the currency was created in 2012 by Jed Caleb and Chris Larsen.
  • London. Image: Shutterstock

    US Tourist Says Bitcoin, XRP Worth $123K Stolen After Ride With Fake Uber in London

    A U.S. tourist has lost more than $123,000 in crypto after being targeted in a suspected premeditated theft in London’s West End following a night out and a short stay in the city. Jacob Irwin-Cline from Portland, Oregon, was on a two-day layover when he called an Uber after leaving The Roxy, a nightclub in Soho, around 1:30 AM on May 9. Police reports indicate a driver who knew his name from the app intercepted him, according to an initial report from local media outlet MyLondon. CCTV footage f...

    NewsLaw and Order
    2 min read
    Vince Dioquino
  • Source: Shutterstock/Decrypt

    SEC Punts on XRP, Dogecoin ETF Decisions

    The U.S. Securities and Exchange Commission has delayed its decisions on rules changes that would allow exchange-traded funds proposed by 21Shares tracking XRP and Grayscale based on the price of Dogecoin to begin trading according to filings on Tuesday. "The Commission is instituting proceedings to allow for additional analysis" that will help determine if the ETFs address securities exchanges rules "designed to prevent fraudulent and manipulative acts and practices' and “to protect investors,'...

    NewsMarkets
    2 min read
    Mat Di Salvo
  • Source: Shutterstock/Decrypt

    Judge Rejects SEC and Ripple's Bid to Rework XRP Settlement

    A federal judge has denied a joint bid by the SEC and Ripple Labs to approve their settlement, citing procedural errors just weeks after both sides agreed to drop their appeals and end a four-year legal battle. U.S. District Judge Analisa Torres said Thursday that even if she had jurisdiction, she would still deny the motion as “procedurally improper.” The SEC and Ripple had filed for an indicative ruling, a non-binding signal from the court that it would accept a deal dissolving Ripple’s injunc...

    NewsLaw and Order
    3 min read
    Vismaya V
  • Image: Leksiv/Shutterstock

    SEC Files for $50 Million Settlement With Ripple Over XRP Lawsuit

    The Securities and Exchange Commission and Ripple Labs have officially settled a long-running lawsuit—over four years after the regulator went after the fintech firm. Wall Street's top regulator the SEC announced the settlement Thursday, after Ripple execs said in March that the agency was backing off. Ripple and two of its executives, CEO Brad Garlinghouse and Executive Chairman Chris Larsen, will pay a total of $50 million to the SEC to settle the case, the announcement said. Ripple had previo...

    NewsLaw and Order
    2 min read
    Mat Di Salvo
  • XRP. Image: Shutterstock

    Coinbase Releases Treasure Trove of SEC Docs on Ethereum, XRP and More

    New York prosecutors tried and failed to solicit the Securities and Exchange Commission’s opinion on Ethereum to bolster their case against KuCoin in 2023, according to newly released SEC records acquired by Coinbase. The exchange is one of many private conversations unearthed by a Coinbase FOIA request, offering a glimpse at the behind-the-scenes politicking that has shaped U.S. authorities’ approach toward the crypto industry over the past few years. In an email dated June 2023, the New York A...

    NewsCoins
    2 min read
    Liz Napolitano
  • Source: Shutterstock

    Ripple Made $4-5 Billion Offer to Acquire USDC Stablecoin Issuer Circle: Bloomberg

    Crypto payments firm Ripple made a multi-billion-dollar offer to acquire USDC stablecoin issuer Circle, Bloomberg reported Wednesday, citing people familiar with the matter. The offer was said to be in the range of $4 billion to $5 billion, but was reportedly rejected as being too low. At the start of April, Circle filed paperwork with the SEC to go public. A Circle spokesperson told Bloomberg news that the company was “currently in a quiet period with the SEC,” meaning its ability to comment on...

    NewsBusiness
    2 min read
    André Beganski
  • Bitcoin, Dogecoin, and XRP. Image: Shutterstock

    SEC Punts on Dogecoin and XRP ETF Approvals

    The Securities and Exchange Commission has delayed making decisions on whether to allow the trading of altcoin spot ETFs giving investors exposure to Dogecoin and XRP.  Wall Street’s biggest regulator said Tuesday that it would wait until mid-June to decide next steps for Bitwise’s proposed Dogecoin ETF and Franklin Templeton’s potential XRP product. Several others, including Franklin Templeton's Solana ETF and Grayscale's HBAR ETF, as well as proposed rule changes involving staking for Franklin...

    NewsMarkets
    2 min read
    Mat Di Salvo
  • Bitcoin is the largest crypto asset by market cap. Source: Shutterstock

    Public Keys: Twenty One’s Bitcoin Play, XRP Futures Competition, and Investors Love Solana Treasury Companies

    Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Twenty One Capital makes a huge Bitcoin operating company splash, CME is entering the XRP futures chat, and investors show love for a little-known company that’s started buying Solana. Nineteen, Twenty, … There’s a lot of fuss being made over Twenty One Capital, a new Bitcoin treasury company involving $146 billion stablecoin issuer Tether, crypto exchange Bitfinex, and Wall Street giant...

    NewsMarkets
    5 min read
    Stacy Elliott
  • Bitcoin, Dogecoin, and XRP. Image: Shutterstock

    XRP, Dogecoin Lead Daily Losses as Crypto Rally Cools

    Bitcoin snapped a five-day winning streak on Thursday, with modest losses of 1.3% over 24 hours as the crypto market’s recent rally cooled off. The world's biggest digital asset had accelerated to highs of $94,500 at one point, but briefly slipped below $92,000 in the early hours of Thursday morning. At time of publication, Bitcoin's price sits at $92,349, down 1.2% on the day, according to CoinGecko. BTC got off lightly compared with leading altcoins, with both XRP and Dogecoin slipping by 5.5%...

    NewsMarkets
    2 min read
    Connor Sephton
  • SEC Chair Paul Atkins. Image: Senate Banking Committee

    Incoming SEC Chair to Weigh More Than 70 Crypto ETF Filings—Including Solana and XRP

    Incoming SEC Chair Paul Atkins will have an avalanche of crypto-related applications to sift through when he officially takes control of the regulator. Hopeful issuers now await feedback on 72 crypto-linked exchange-traded funds in the U.S., including requests to list options, according to Bloomberg ETF analyst Eric Balchunas. “Gonna be a wild year,” he said on X, formerly Twitter, on Monday, noting ETF hopefuls have positioned themselves to offer funds for assets ranging from Solana to the firs...

    NewsLaw and Order
    3 min read
    André Beganski
  • XRP. Image: Shutterstock

    XRP ETFs Likely Next to Get SEC Approval, Beating DOGE and Solana: Kaiko

    An XRP-focused exchange-traded fund is more likely to receive approval than other recently proposed spot funds tracking other major altcoins, market research firm Kaiko said in a report released Monday.  XRP's front-runner position comes because of the underlying token's high liquidity, said Kaiko. Spot volume for XRP on American exchanges recently hit its highest level since before a long-running lawsuit in 2020 led to delistings, Kaiko noted in its report. XRP is the fourth-largest cryptocurre...

    NewsMarkets
    3 min read
    Mat Di Salvo
  • Image: JRdes / Shutterstock.com

    Trump's SEC Is Ending Crypto Lawsuits and Investigations—These Are the Biggest

    The momentum has shifted in the yearslong battle between top crypto companies and protocols and the U.S. Securities and Exchange Commission under the new Trump administration.  The regulator, which now has a crypto task force led by longtime industry advocate Hester Peirce, is moving away from what Pierce and others have called “regulation by enforcement” to less hostile engagements with crypto.  Thus far, those words have rung true with the SEC recently backing away from fights with multiple to...

    Deep DivesLong Reads
    11 min read
    Logan Hitchcock

  • XRP a Bright Spot as Investors Yank $789 Million from Bitcoin, Ethereum Funds: CoinShares

    Since a “wave of negative sentiment” formed in February, digital asset products have shed $7.2 billion worth of assets, the most dramatic stretch of outflows on record, CoinShares Head of Research James Butterfill wrote in a report on Monday. But he cautioned against substantial concern over last week's outflows of $795 million across tracked crypto funds, including $751 million from Bitcoin ETFs and nearly $38 million from Ethereum funds. “I don’t see this as anything particularly ominous or al...

    NewsCoins
    2 min read
    André Beganski
  • Ripple is a crypto payments firm. Image: Shutterstock

    Ripple, SEC File to Suspend Appeals Pending ‘Negotiated Resolution’ of Case

    Ripple Labs and the U.S. Securities and Exchange Commission have jointly filed a request to suspend their respective appeals as they “pursue a negotiated resolution” of their long-running case. As detailed in a filing submitted yesterday to the U.S. Court of Appeals for the Second Circuit, the two parties have already reached an agreement-in-principle, with Ripple CEO Brad Garlinghouse revealing last month that the SEC would be dropping its appeal. Yesterday’s application represents the first of...

    NewsBusiness
    3 min read
    Simon Chandler
  • President Donald Trump in Pittsburgh, Pennsylvania. Photo: Shutterstock

    Bitcoin and Stocks Surge as Trump Confirms 90-Day Pause on Tariffs—Except on China

    U.S. President Donald Trump said on Wednesday that he will allow a 90-day pause on the implementation of “reciprocal” tariffs against most countries, prompting cryptocurrency and stock prices alike to spike in the immediate aftermath. The price of Bitcoin jumped 4.6% in less than an hour to $81,300, while Ethereum spiked 6.1% to $1,600, and XRP surged 10% to $2.03, according to crypto data provider CoinGecko. Stock indices also surged on Trump’s declaration, with the S&P 500 and Dow both climbin...

    NewsMarkets
    2 min read
    André Beganski
  • XRP. Image: Shutterstock

    XRP Could Soar 200% by Year’s End: Standard Chartered

    XRP could rise about 200% from its current level by year’s end, according to Standard Chartered, which initiated coverage of the asset on Tuesday.   The native token of the XRP Ledger and fourth-largest crypto by market value could hit $5.50 a piece by the end of 2025, the bank’s digital assets researcher Geoff Kendrick said in a note. XRP is a decentralized open-source blockchain created by the founders of Ripple Labs.  XRP was recently trading for $1.80, according to CoinGecko, after dropping...

    NewsMarkets
    2 min read
    Mat Di Salvo
  • XRP. Image: Shutterstock

    US XRP ETF to Debut as 2x Leveraged Product on NYSE Arca

    U.S.-based asset manager Teucrium Investment Advisors will launch a 2x leveraged XRP exchange-traded fund (ETF) on April 8, according to the company’s website.  The XXRP ETF, based on the native token of stewards, Ripple Labs, will be listed on NYSE Arca. Bloomberg Senior ETF Analyst Eric Balchunas noted the unusual nature of the launch via X on Monday.  “Very odd (maybe a first) that a new asset’s first ETF is leveraged. Spot XRP still not approved, although our odds are pretty high," he wrote....

    NewsMarkets
    2 min read
    Callan Quinn
  • Ethereum. Image: Shutterstock

    Ethereum, Solana, Cardano Plunge Double Digits as Crypto Market Rout Deepens

    Ethereum and Solana prices collapsed Monday morning as President Trump's sweeping new tariffs sparked a global market selloff and pushed crypto liquidations past $1.4 billion. At press time the Ethereum price has shed 16.4%, dribbling down to $1,485 after briefly touching its lowest price since October 2023 during Asian trading hours. Meanwhile, the Solana price has plummeted 15.4% on the day, dipping as low as $96.70, before gaining ground to $101 at the time of writing, while Cardano's price d...

    NewsMarkets
    3 min read
    Vince Dioquino
  • Caution in Washington. Image: Andy Feliciotti on Unsplash

    Crypto Legislation Could Free Industry of SEC Oversight—But Critics Warn It's a Pandora's Box

    As crypto-related bills barrel through Congress with the ambitious goal of passage by August, the potential implications of that legislation are only beginning to crystallize.  One such bill, for instance, would seek to amend foundational U.S. securities laws to formally carve out most crypto assets from the definition of “security”—a bold move with little precedent in the history of Congress, at least since such laws were first written at the outset of the New Deal in the 1930s.  The bill, dubb...

    Deep DivesLong Reads
    8 min read
    Sander Lutz
  • Grayscale manages billions of dollars worth of cryptocurrencies. Image: Shutterstock.

    Grayscale Files to Convert Bitcoin, Ethereum, and XRP Large Cap Fund Into an ETF

    Grayscale Investments, one of the largest Bitcoin ETF issuers, filed to convert its existing private Digital Large Cap Fund to a publicly available exchange traded fund (ETF). It currently contains Bitcoin, Ethereum, XRP, Solana, and Cardano. The existing private fund, which is only available to accredited investors through private placement, heavily leans towards Bitcoin with a 79.4% weighting, at the time of writing. The rest includes Ethereum with 10.69%. XRP, Solana, and Cardano take up 5.85...

    NewsCoins
    3 min read
    Ryan S. Gladwin
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