Ripple (XRP)
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Cryptocurrency
Growing Pressure on Gensler: New Letter Highlights Disparity in XRP and Ethereum Treatment, Urging IG Report Release
Empower Oversight, a nonprofit organization committed to government accountability, is fervently urging Congress to release the Securities and Exchange Commission (SEC) inspector general report concerning the actions of former SEC Chairman Jay Clayton. This report is anticipated to shed light on the activities and decisions made during his tenure. The Controversial Role of William Hinman William Hinman, who served as the director of the SEC’s Division of Corporation Finance from…
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Cryptocurrency
Increasing Pressure on Gensler to Publish IG Report Following New Letter Highlighting Disparity in XRP and Ethereum Treatment
The Call for Transparency Empower Oversight, a nonprofit organization dedicated to enhancing government accountability, has issued a strong appeal to Congress. They demand the release of an inspector general’s report from the Securities and Exchange Commission (SEC) regarding the actions of former chairman Jay Clayton. This request is rooted in concerns about potential conflicts of interest involving William Hinman, the director of the SEC’s Division of Corporation Finance from 2017…
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Cryptocurrency
Forecast for XRP Price on December 18
XRP Price Analysis: Recent Trends In a significant market move, Ripple’s XRP surged past the $2.71 mark on December 17, driven by the launch of the highly anticipated RLUSD stablecoin. This bullish momentum, however, faced resistance, causing XRP to retract to the $2.55 level. Despite this pullback, XRP finds robust support around the $2.40 mark, indicating a potential for upward movement in the near term. Support and Resistance Levels The…
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Cryptocurrency
XRP Price Forecast for December 18
Current Market Dynamics of XRP Ripple’s XRP experienced a notable surge, surpassing the $2.71 mark on December 17, following the introduction of the eagerly anticipated RLUSD stablecoin. However, after reaching this peak, XRP has retraced and is currently trading at the $2.55 level. The cryptocurrency has established a strong support zone around $2.40, indicating that the market trend is positive and poised for a potential upward movement. In the short…
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Cryptocurrency
Ripple Whales Accumulate $78M in XRP as Price Targets $4.5 Level
In the midst of the ongoing bullish market trend, XRP, the native cryptocurrency of Ripple Labs, is capturing significant attention. Its remarkable performance has not gone unnoticed, especially among major investors, commonly referred to as crypto whales. These investors are making strategic moves that are influencing XRP’s market dynamics. Ripple Whales Make Significant Purchases On December 18, 2024, a notable figure in the cryptocurrency space shared insights on X (formerly…
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Cryptocurrency
Ripple Whales Invest $78M in XRP as Price Targets $4.5
Ripple’s XRP: A Rising Star in the Crypto Market In the midst of the current bull market, XRP, the native cryptocurrency of Ripple Labs, is capturing significant attention due to its strong performance. With its recent surge, the token has become a focal point for crypto enthusiasts, especially the so-called ‘whales’ who wield considerable influence. Ripple Whales Make Significant Moves On December 18, 2024, a well-known crypto analyst shared insights…
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Cryptocurrency
Can the SEC Pose Challenges for Ripple’s RLUSD Launch? Bill Morgan Weighs In
Today marks a significant milestone in the world of cryptocurrency as RLUSD officially goes live on global exchanges. This innovative stablecoin, introduced by Ripple, promises to merge the stability of traditional fiat currency with the cutting-edge efficiency of blockchain technology. Described by Ripple as an “enterprise-grade stablecoin built on trust, utility, and compliance,” RLUSD is set to redefine the way we perceive digital currencies. Understanding the Foundation of RLUSD RLUSD…
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Cryptocurrency
Can the SEC Pose Challenges for Ripple’s RLUSD Launch? Insights from Bill Morgan
Today marks a significant milestone in the cryptocurrency landscape with the global launch of RLUSD on various exchanges. This innovative stablecoin by Ripple merges the reliability of fiat currencies with the advanced efficiency of blockchain technology. Described as an ‘enterprise-grade stablecoin built on trust, utility, and compliance,’ RLUSD is poised to transform financial transactions. Its backing includes US dollar deposits, US government bonds, and other cash equivalents, promising a robust…
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Cryptocurrency
$3.4 Targeted Following Years of Growth
As the cryptocurrency market cap edges closer to the $4 trillion milestone, Ripple Labs’ XRP has captured significant attention with its remarkable performance. This utility-driven altcoin has outperformed other top 20 crypto projects, registering a gain of over 10% to trade at approximately $2.64 during the mid-New York session on Tuesday, December 17. This achievement highlights XRP’s potential as a major player in the evolving crypto landscape. XRP Approaches All-Time…
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Cryptocurrency
$3.4 Approaches Following Extended Surge
As the global cryptocurrency market cap approaches the unprecedented $4 trillion milestone, Ripple Labs’ XRP has emerged as a standout performer. This utility-focused altcoin has captured significant interest, achieving over a 10% increase to trade at approximately $2.64 during the mid-New York session on Tuesday, December 17. This performance places XRP at the forefront of the top 20 cryptocurrencies, showcasing its robust market presence. Currently boasting a fully diluted valuation…
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