Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
XRP Lawsuit: John Reed Stark Says Judge Torres Was ‘Mistaken,’ Slams Ripple Decision
The legal battle between Ripple and the SEC has been gaining momentum as the January 15 hearing approaches. John Reed Stark, a former SEC enforcement official and crypto skeptic, recently appeared on Docket Media LLC podcast and opened up about the historic Ripple decisions. He said that the Ripple ruling doesn’t provide broad legal clarity …
Anjali Belgaumkar·19 Dec 20242 min
Bitcoin Price Prediction: Can BTC 2x to $200,000?
Bitcoin hit a new high of $108,000 recently. President-elect Donald Trump confirmed on December 12th that he would implement a Bitcoin Strategic Reserve, and there are also rumors about Russia adopting a similar plan. These developments have sparked discussions about how they could affect Bitcoin’s price and other asset classes. Matthew Tuttle, CEO and CIO …
Anjali Belgaumkar·18 Dec 20241 min
Gensler Gone, Crenshaw Out, RLUSD Live: Ripple vs SEC Final Showdown on Jan 15?
It looks like the clouds are clearing for Ripple as recent events have given it a boost, possibly changing the course of its legal battle. Trump’s promise to fire SEC Chair Gary Gensler on day one seems to be coming true, as Gensler announced his resignation on January 20, the same day Trump is inaugurated. …
Anjali Belgaumkar·18 Dec 20242 min
Crenshaw Denied Renomination as SEC Chair, XRP Supporters Celebrate
Great news for the crypto industry: SEC Commissioner Caroline Crenshaw will not be renominated. According to Fox Business’ Eleanor Terrett, a Senate aide confirmed that the Senate Banking Committee’s scheduled vote on her nomination has been canceled. Crenshaw, who was known for her anti-crypto stance, even opposed the approval of the Bitcoin spot ETF, issuing …
Anjali Belgaumkar·18 Dec 20242 min
NewsXRP Price Prediction For December 18
Ripple’s XRP rallied beyond $2.71 on December 17 after the launch of the much-awaited RLUSD stablecoin. However, XRP has hit reverse after touching $2.71 and is now trading at $2.55 level. XRP has strong support near the $2.40 levels and currently, the market is moving in the right direction and may rise slightly higher. A …
Anjali Belgaumkar·18 Dec 20242 min
RLUSD Stablecoin Goes Live: Price Fluctuates 20% Before Stabilizing
Ripple USD (RLUSD) is officially live on global exchanges. This enterprise-grade stablecoin combines the stability of fiat with the efficiency of blockchain technology. RLUSD will operate on two networks: Ethereum and Ripple’s native XRP Ledger (XRPL). Initially, the price of the stablecoin fluctuated within a 20% range, but it is pegged to the U.S. dollar …
Anjali Belgaumkar·17 Dec 20241 min
RLUSD Launch Price Prediction: Here’s What Industry Leaders Are Saying
Ripple is set to launch its USD-backed stablecoin, RLUSD, on December 17, 2024. The stablecoin will initially be available on platforms like Uphold, MoonPay, CoinMENA, Bitso, and Archax, with plans to expand to more exchanges in the future. RLUSD is backed by U.S. dollar deposits, U.S. government bonds, and cash equivalents, offering transparency through monthly …
Anjali Belgaumkar·17 Dec 20242 min
SEC Hits Gaming Firm CyberKongz With Wells Notice, Clash Over ‘Sale’ of Genesis Kongz
NFT project CyberKongz has announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). A Wells Notice is typically issued when the SEC believes a company has violated securities laws, signaling potential enforcement action. The team behind CyberKongz expressed their disappointment with the SEC’s approach, claiming that the regulator …
Anjali Belgaumkar·17 Dec 20242 min
NewsRipple’s RLUSD Launch Date And Time Revealed: What To Expect Today?
Ripple has officially announced the launch of its RLUSD stablecoin, set to go live soon. Monica Long, President of Ripple, took to her social media handle on Monday and said that this new stablecoin is an important step for both the XRP Ledger and Ripple, which handles over $70 billion in payments. RLUSD combines Ripple’s …
Anjali Belgaumkar·17 Dec 20242 min