#xrp

On November 6, Dogecoin (DOGE), one of the first and most iconic meme coins, shot up by more than 20% as Donald Trump surged to the front in the U.S. presidential race. DOGE is now poised to challenge XRP for the #7 spot in the crypto market rankings.

Chris Larsen, co-founder of Ripple, has donated $10 million in XRP to support Kamala Harris’s presidential bid. He announced the news on his X account.

In addition to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoin Tether (USDT), MoonPay users can now add XRP to their portfolios. This expansion aligns with the growing demand for this cryptocurrency and broadens the platform’s capabilities.

Crypto investment firm Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP ETF. This makes them the second issuer in just a week, following Bitwise, in their attempt to offer traditional investors exposure to Ripple (XRP).

Bitwise, a crypto asset management company, is taking steps to launch an XRP ETF (Exchange-Traded Fund). The company registered a trust entity in the state of Delaware, US, on October 1.

The Colorado House of Prayer has issued tokens to fund the purchase of a 19th-century stone church building, valued at $2.5 million, which their congregation has rented since 2022. This fundraising initiative is spearheaded by Pastor Blake Bush, known for his keen interest in cryptocurrencies, including investments in Ripple (XRP).

District Judge Analisa Torres of the Southern District of New York imposed a $125 million fine on Ripple, citing their sales of XRP to institutional clients as breaches of federal securities laws.

A new class-action lawsuit has been filed in the Northern District of California against Ripple Labs Inc., its CEO Brad Garlinghouse, and its subsidiary XRP II, LLC.

According to Ripple CEO Brad Garlinghouse, an XRP ETF (Exchange-Traded Fund) is inevitable.

The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its case against Ripple (XRP), challenging a district court decision made a year ago. Back then, the crypto firm secured a victory as the judge ruled that XRP sales to retail investors did not breach securities laws.

Crypto exchange Bitnomial has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), contesting its stance that XRP futures should be classified as "securities futures contracts."

The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple by appealing a court decision that significantly reduced the fine from $2 billion to $125 million.

At the end of September, Ripple got a major update related to its Ripple USD (RLUSD) stablecoin. The blockchain payments company minted 800,000 RLUSD, or 99% of the total supply in 24 hours, according to an X post by XRP Ledger validator Vet.

A U.S. court has permitted a new lawsuit against Ripple Labs and its CEO, Brad Garlinghouse, for alleged violations of securities law. The plaintiffs in the case accuse Garlinghouse of making misleading statements during a 2017 interview, which they argue qualifies the XRP token as a security.

Ripple (XRP) has disclosed plans for launching its own stablecoin, which will be pegged to the dollar and backed by bank deposits along with short-term U.S. Treasury bills. This move aims to expand Ripple Payments' capabilities in facilitating cross-border transactions. The introduction of this stablecoin promises:

Ripple (XRP), a cryptocurrency company, has just finalized the purchase of Standard Custody & Trust Company, a subsidiary of PolySign that specializes in corporate governance and the custody of digital assets. The transaction details, including the financial aspect, are yet to be revealed.