Ripple Effect


Finance

Genesis to Suspend XRP Trading, Lending

In an email sent to clients Wednesday, Genesis announced it would be halting XRP trading and lending in the new year.

Ripple CEO Brad Garlinghouse speaking at the DC Blockchain Summit 2019.

Policy

Ripple to Meet With SEC in First Pretrial Conference on Feb. 22

Ripple and the SEC will meet over video call, according to a court order from the U.S. District Court of the Southern District of New York.

Brad Garlinghouse Ripple

Markets

XRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims

The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a "cryptocurrency asset" and not a security.

SBI Holdings

Markets

Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit

Bitstamp is the first major U.S.-based crypto exchange to respond to the SEC lawsuit against Ripple.

Bitstamp CEO and founder Nejc Kodrič

Markets

XRP Liquidations Soar as SEC Lawsuit, Token Airdrop Whipsaw Markets

Over $1.5 billion in XRP futures have been liquidated since the start of November.

XRP price and daily liquidations since November 2020

Finance

Coinbase, Other Big Exchanges 'Between Rock and a Hard Place' on Delisting XRP

The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.

javier-allegue-barros-C7B-ExXpOIE-unsplash (1)

Finance

Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against Ripple

Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.

Bitwise Chief Investment Officer Matt Hougan

Finance

MoneyGram Takes Wait-and-See Approach as SEC Sues Partner Ripple

"MoneyGram will continue to monitor the situation" following an SEC lawsuit against its part-owner, Ripple, a spokesperson told CoinDesk.

MoneyGram

Policy

SEC Sues Ripple Over 7-Year, $1.3B 'Ongoing' XRP Sale

As expected, the SEC has filed suit against Ripple, saying it violated federal securities laws in selling $1.3 billion in XRP over the past seven years.

Brad Garlinghouse Ripple

Markets

An SEC Victory in Ripple Case Would Render XRP 'Untradeable,' Market Pros Say

Already, CrossTower, a small exchange that opened in June, has delisted the cryptocurrency.

Is this the future of the market for XRP?

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