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SBI Looking for Crypto Joint Venture With Foreign Companies

February 15, 2021 by Wayne Jones at Blockchain

Japanese financial conglomerate SBI Holdings Inc is holding talks with offshore financial firms to create a cryptocurrency joint venture. The CEO said the move is a result of the company's plans to grow the business as a core pillar of profitability. Investors are Looking Into Cryptos SBI is the largest...

Patent Reveals Ripple’s ODL Can Be Used by Banks, Governments, and Corporations

February 11, 2021 by Dalmas Ngetich at Altcoins

Ripple Labs Inc.--the developer of the XRPL, on Jan 26, has received a patent for a "Network computing system implementing on-demand liquidity for cross-medium transaction services," records from the U.S. Patent Office shows. A Value Transfer System It is more than a year after application. The patent office says the...

Bitcoin, Ether, Major Altcoins – Weekly Market Update February 1, 2021

February 1, 2021 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap added $39 billion to its value for the last seven-days and now stands at $1,025 billion. The top 10 currencies showed mixed results for the same time period with XRP (XRP) and Stellar (XLM) registering 162 and 27 percent of increase respectively while Polkadot (DOT)...

Flare Finance Redefining DeFi Ecosystem with Smart Contracts for XRP and LTC

January 29, 2021 by Ogwu Osaemezu Emmanuel at DeFi

Flare Network is creating a new benchmark in the cryptocurrency industry with its state-of-the-art solutions. Upon its launch around the second quarter of 2021, Flare network would provide integration for Litecoin, XRP, and Dogecoin which would allow the tokens to operate trustlessly on the network with smart contracts. Harnessing the...

Biden to Name Former Ripple Advisor as OCC Head

Ex-Ripple Advisor to Be Chosen as New OCC Head

January 21, 2021 by Evan Ezquer at News

President Biden is expected to nominate Michael Barr for the position of Comptroller of the Currency - the independent bureau within the Department of Treasury in the US Govt, which is tasked with ensuring a safe banking system in the nation, according to a report by the WSJ. Who Is...

Bitcoin, Ether, and XRP Weekly Market Update January 4, 2020

January 4, 2021 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap added $102 billion to its value for the last seven-days and now stands at $824 billion. The top 10 currencies were mostly in green for the same time period with ether (ETH) and Polkadot (DOT) adding 39.9 and 80.4 percent to their values while Ripple’s...

Someone Sent $99 Million in Litecoin, Costing Just $0.40 in Fees

Litecoin is Now the Third Most Valuable Public Blockchain after Bitcoin and Ethereum

January 4, 2021 by Dalmas Ngetich at Altcoins

Litecoin is now the third most valuable public blockchain, flipping Ripple (XRP), with a market cap of $10 billion. LTC only trails only Bitcoin and Ethereum with $630 billion and $94 billion, respectively, as per coin trackers on Jan 3. USDT Perched at Third as Litecoin Flips XRP, PayPal Triggers...

Coinbase Sued For Helping Ripple Raise Billions by Selling XRP

January 1, 2021 by Dalmas Ngetich at Regulation

A plaintiff, Thomas Sandoval, is lodging a class action lawsuit at a San Francisco federal court against Coinbase. He alleges that the exchange received commissions by helping Ripple sell XRP without registering with the United States Securities and Exchange Commission (SEC), approving them to sell securities, a filing captured on...

Ripple to Face SEC Suit Over XRP Cryptocurrency

Court Fixes Pretrial Date for Ripple V. SEC Case in February

December 31, 2020 by Anthonia Isichei at Altcoins

Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple, an initial pretrial conference concerning the case is scheduled to hold in February 2021. Ripple and SEC to Submit Joint Letter Before Pretrial According to a court document filed on Tuesday (Dec. 29, 2020), the U.S....

Here Are the Crypto Exchanges that Delisted XRP Amid SEC Strife

December 29, 2020 by Evan Ezquer at Altcoins

A couple of exchanges and other crypto problems have dropped XRP from their listings or halted trading the asset, following a suit from the US Securities and Exchange Commission (SEC) against XRP’s two executives. According to Coinbase’s release this December 29, the platform has made a decision to suspend XRP...

Mystery 100 Million XRP Transferred to a 'Market-Making' Company

Swiss ETP Issuer Removes XRP, Fears a Liquidity Crisis

December 29, 2020 by Dalmas Ngetich at Altcoins

Ripple legal troubles seem to be compounding by the day. As per the Block report on Dec 28, 21Shares, a Swiss-based asset manager, is delisting XRP from its exchange-traded products (ETP) in line with the firm's index rules. 21Shares is "De-Risking" According to Hany Rashwan--the CEO of 21Shares, assets that...

Bitcoin, Ether, and XRP Weekly Market Update December 28, 2020

December 28, 2020 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap added $52.7 billion to its value for the last seven-days and now stands at $742 billion. The top 10 currencies showed mixed results for the same time period with bitcoin (BTC) and Litecoin (LTC) adding 14.6 and 12.1 percent to their values respectively while Ripple’s XRP...

Bitwise 10 Crypto Index Fund Has Liquidated Its Position in XRP

Bitwise Dumps XRP Amid SEC Probe

December 23, 2020 by Anthonia Isichei at Altcoins

Bitwise Asset Management has joined the list of investors ditching their XRP positions amid the backlash of the US Securities and Exchange Commission (SEC) probing Ripple for selling the token as an unlicensed security. XRP No Longer Part of the 'Bitwise 10' In a press release issued on Wednesday (Dec....

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