Ripple’s XRP Ledger is gearing up for major upgrades including DeFi solutions and dynamic NFTs. These enhancements aim to make the ledger more user-friendly and versatile, supporting a variety of use cases. Exciting developments are in store for the XRP Ledger with proposed upgrades set to revolutionize its functionality. These enhancements include advanced DeFi solutions and the integration of digital identity, marking a significant evolution in blockchain technology. Dynamic NFTs and options trading are also on the agenda, signaling a step forward in the blockchain’s innovation. Enhanced ..read more

BRICS has revealed that it is working on a stablecoin, leading to speculation that the alliance could adopt Ripple’s XRP. Ripple has a dedicated CBDC platform that helps central banks, governments, and financial institutions build their stablecoin. Following the confirmation that the BRICS alliance is developing a stablecoin, the community is speculating that Ripple’s XRP could be leveraged. Russian Minister of Foreign Affairs confirmed that the alliance will launch a stablecoin to facilitate international transfers. With its reputation for instant cross-border payments, Ripple could be a m ..read more

XRP could take up as much as $1 trillion in cross-border payment volume, driving its utility and value to $1,000. Ripple’s On-Demand Liquidity product (now Ripple Payments), has been highlighted by the IMF and the World Bank as revolutionary. Ripple’s XRP has witnessed a surge in cross-border payments utility value. Experts foresee this growth accelerating to mark a large portion of the $1 trillion volume, leading to the value of the token rising to $1,000. This is a fairly conservative outlook based on the projected $250 trillion cross-border payment volume. For context, the total value of ..read more

Ripple fired back at the SEC this week, deconstructing the agency’s attempt to retain the expert testimony of Andrea Fox, its Enforcement Division’s accountant. Ripple says that Fox did a poor job summarizing its financial situation and that if she’s the agency’s summary witness, the SEC was required to disclose her in advance and not ambush the company. Ripple vs. the SEC is getting ever closer to a conclusion. The latest battle revolves around Andrea Fox, an accountant from the agency’s Enforcement Division whose witness the SEC submitted post-discovery to support its $10 billion penalty ..read more

Ripple disputes the admissibility of the SEC’s expert testimony ahead of the crucial May 6 deadline. The outcome could significantly impact Ripple’s operations and the broader cryptocurrency market regulation. As the May 6 deadline approaches, Ripple is aggressively challenging the Securities and Exchange Commission (SEC) over its use of expert testimony in an ongoing legal battle. Recent updates from Crypto News Flash reveal Ripple’s objection to the classification and timing of expert materials provided by Andrea Fox, the SEC’s Assistant Chief Accountant. The Core of Ripple’s Argument Rip ..read more

Ripple Labs releases 500 million XRP from escrow, sparking speculations and discussions with respect to the rationale as recent distributions deviate from regular patterns.  An analyst predicts that XRP could still hit $5 and later reach $18 as long as it trades within the $0.3917 and $0.6649 support range.  Ripple Labs recently became the talk of the town after releasing 500 million XRP in two separate transactions, deviating from the regular pattern of its distribution. It can be recalled that 200 million XRP ($122.63 million) was initially released on April 12, followed by an ..read more

Ripple has partnered with HashKey DX and SBI Group, to bring XRPL-powered innovative solutions to the Japanese market.  Ripple’s collaboration underscores its proactive approach to diversifying its product offerings and expanding its market reach. Ripple, a prominent enterprise blockchain solutions provider, has unveiled a new partnership with Tokyo-based HashKey DX and SBI Group to introduce innovative solutions powered by the XRP Ledger (XRPL) in Japan. The collaboration aims to tap into the burgeoning blockchain adoption trend, starting with the supply chain finance sector. The co ..read more

The SEC opposed Ripple’s motion to strike expert witness Andrea Fox, claiming it’s within the law and doesn’t constitute undisclosed expert testimony. The market continues to wait on the court ruling in the legal battle, with analysts pointing out that XRP will gain close to 20% in the short term. One of the longest-running legal feuds in crypto is edging ever closer to completion, as Crypto News Flash reported. Ripple and the SEC have been fighting in court since former chair Jay Clayton sued the company for securities violations in December 2020. In the latest move, the SEC has replied to ..read more

BRICS is moving forward with plans to launch a stablecoin for international settlements as well as lessen the dollar’s international influence. The XRP community has touted Ripple’s XRP settlement platform as the best option for the bloc to build, launch, and develop its digital assets. BRICS has confirmed plans to build and launch their stablecoin. The bloc aims to use the digital asset to settle international payments and use the asset to lessen the U.S. dollar’s influence in the world. There is speculation that the stablecoin will be backed by gold. A recent report shows, that two of the ..read more

Magistrate Judge Sarah Netburn has established a timeline for the ongoing lawsuit between Ripple Labs and the SEC.  Ripple has challenged the SEC’s request for substantial civil penalties, arguing that the SEC’s allegations lack adequate evidence.  The legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) has recently progressed to trial, attracting attention from the cryptocurrency community.  Magistrate Judge Sarah Netburn has established a timeline for the ongoing lawsuit between Ripple Labs and the SEC in recapitulating Crypto N ..read more