Ripple News 2024-08-18

7 significant events occurred in the past 24 hours.

SuisseGold Accepts XRP Payments.

2024-08-18 09:23:23 EDT, Sentiment: 0.85

SuisseGold adopting XRP as a payment method highlights its growing acceptance in mainstream financial transactions.
SuisseGold Adopts XRP As Payment Method. Here’s the Significance

Summary: SuisseGold has begun accepting XRP as payment, marking a significant step in integrating cryptocurrencies into traditional financial markets. This move underscores XRP's growing role and acceptance in global finance and aligns with Ripple's strategy to expand its influence.

  • Sentiment: 0.7
  • Times Tabloid @ 2024-08-18 09:23:23 EDT Read More
SuisseGold Adopts XRP As Payment Method. Here’s the Significance

Ripple CTO Addresses XRPL Misconceptions

2024-08-18 08:24:01 EDT, Sentiment: 0.64

Ripple CTO clarifies misconceptions about XRP Ledger (XRPL), emphasizing innovation over labels.
Ripple CTO Clarifies Misconceptions About XRPL

Summary: Ripple’s CTO, David Schwartz, clarified that the XRP Ledger (XRPL) is truly decentralized, contrary to claims of it being “permissioned” or “trusted.” He emphasized XRPL’s permissionless nature and effective solution to the double-spend problem.

  • Sentiment: 0.1
  • The Coin Republic @ 2024-08-18 10:07:51 EDT Read More
Ripple CTO Clarifies Misconceptions About XRPL
Ripple CTO Dismisses XRPL Labels, Focuses On Innovation

Summary: Ripple CTO David Schwartz dismisses the labels “permissioned” or “trusted” for XRPL as irrelevant, focusing instead on its innovation. Ripple’s partnership with Archax aims to integrate tokenized real-world assets into the XRPL, enhancing its financial ecosystem.

  • Sentiment: 0.6
  • News 4 Social @ 2024-08-18 08:24:01 EDT Read More
Ripple CTO Dismisses XRPL Labels, Focuses On Innovation
Ripple CTO Dismisses XRPL Labels, Focuses on Innovation

Summary: David Schwartz dismisses claims of the XRPL being "permissioned" as irrelevant, emphasizing the focus on tokenizing real-world assets through Ripple's partnership with Archax. This collaboration aims to enhance the XRPL’s functionality and integration with traditional finance systems.

  • Sentiment: 0.2
  • Crypto News Flash @ 2024-08-18 08:24:01 EDT Read More
Ripple CTO Dismisses XRPL Labels, Focuses on Innovation

XRP price surge and glitch

2024-08-18 06:58:14 EDT, Sentiment: 0.79

A glitch and Binance US's surprise boost have recently caused XRP's price to spike to 67,720 KRW on a Korean exchange.
Another Glitch Sends XRP Price to 67,720 KRW On Korean Exchange

Summary: An XRP price glitch on a Korean exchange showed XRP at $50.17, sparking speculation about its future value. This incident coincides with Ripple’s legal victory and expanding global partnerships, positioning XRP as a key player in cross-border transactions.

  • Sentiment: 0.2
  • Times Tabloid @ 2024-08-18 06:58:14 EDT Read More
Another Glitch Sends XRP Price to 67,720 KRW On Korean Exchange
Binance US Ignites XRP Rally with Surprise Boost

Summary: Binance US’s unexpected promotion of XRP, coupled with Ripple’s recent legal victory against the SEC, has significantly boosted XRP's value. This surge in interest and trading activity highlights increased investor confidence and optimism in XRP's future prospects.

  • Sentiment: 0.9
  • deythere @ 2024-08-18 12:30:33 EDT Read More
Binance US Ignites XRP Rally with Surprise Boost

SEC appeal unlikely to impact XRP

2024-08-17 18:09:23 EDT, Sentiment: 0.6

Ripple's legal chief believes an SEC appeal will not change XRP's non-security status.
SEC’s Appeal Cannot Alter XRP Non-Security Status, Says Ripple CLO

Summary: Ripple’s Chief Legal Officer, Stuart Alderoty, affirmed that the court’s decision declaring XRP as a non-security remains final and unchangeable, even if the SEC appeals. He emphasized that XRP's secondary market sales are not investment contracts.

  • Sentiment: 0.4
  • The Tech Report @ 2024-08-17 18:09:23 EDT Read More
SEC’s Appeal Cannot Alter XRP Non-Security Status, Says Ripple CLO
Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court's 10% Reversal Rate

Summary: Ripple's chief legal officer says he wouldn't be surprised if the SEC does appeal the final ruling in the Ripple lawsuit over XRP.

  • Sentiment: 0.0
  • Bitcoin.com News @ 2024-08-17 21:38:31 EDT Read More
SEC’s Appeal Unlikely to Change XRP’s Non-Security Status, Ripple CLO Asserts

Summary: Ripple's CLO Stuart Alderoty has affirmed XRP’s non-security status despite possible SEC appeals. Recent court rulings, particularly from Judge Analisa Torres, support this stance, impacting regulatory perspectives and setting a precedent for the crypto industry’s legal landscape.

  • Sentiment: 0.6
  • PC-Tablet @ 2024-08-17 20:18:43 EDT Read More
SEC’s Appeal Unlikely to Change XRP’s Non-Security Status, Ripple CLO Asserts
Ripple Exec Doubts SEC Will Let XRP Ruling Go Uncontested

Summary: Ripple's CLO, Stuart Alderoty, questions the SEC's motives and hints at a possible appeal despite Ripple's win. Stay updated with DailyCoin.

  • Sentiment: 0.0
  • DailyCoin @ 2024-08-18 11:07:51 EDT Read More

XRP labeled biggest crypto scam

2024-08-17 17:15:51 EDT, Sentiment: 0.23

Crypto analysts repeatedly call XRP the "biggest scam" in crypto.
Crypto pundit trolls XRP, labels it crypto’s biggest scam

Summary: Max Prime criticized XRP as a major cryptocurrency scam, citing its poor performance despite Ripple's partial legal victory over the SEC. XRP initially rallied 30% following the ruling but later fell by 15%, with ongoing skepticism from the crypto community.

  • Sentiment: -0.6
  • Cryptopolitan @ 2024-08-17 17:15:51 EDT Read More
Crypto pundit trolls XRP, labels it crypto’s biggest scam
Crypto Pundit Trolls XRP, Labels it Crypto’s Biggest Scam

Summary: Max Prime has recently criticized XRP as a significant scam, arguing that despite Ripple's legal victory over the SEC, XRP's performance has remained poor. This controversy has sparked widespread debate and skepticism within the cryptocurrency community.

  • Sentiment: -0.7
  • PC-Tablet @ 2024-08-17 20:36:16 EDT Read More
Crypto Pundit Trolls XRP, Labels it Crypto’s Biggest Scam
Crypto Analyst Calls XRP the “Biggest Scam” in Crypto: Analyzing the Controversy

Summary: Crypto analyst Max Prime has labeled XRP as a “biggest scam,” criticizing its failure to capitalize on Ripple’s legal victory, which should have boosted its value. Despite a brief price surge, XRP's value quickly dropped, indicating deeper issues.

  • Sentiment: -0.8
  • The Currency analytics @ 2024-08-18 07:08:07 EDT Read More
Crypto Analyst Calls XRP the “Biggest Scam” in Crypto: Analyzing the Controversy
Crypto Pundit Slams XRP As The 'Biggest Scam In Crypto' | Bitcoinist.com

Summary: Despite Ripple's favorable outcome in the SEC lawsuit, which saw them pay $125 million in penalties, XRP's price has failed to sustain momentum. Market commentator Max Prime labeled XRP a scam due to its inability to rally significantly post-settlement.

  • Sentiment: -0.3
  • Bitcoinist @ 2024-08-18 13:00:06 EDT Read More
Crypto Pundit Slams XRP As The 'Biggest Scam In Crypto' | Bitcoinist.com

Court denies SEC, XRP sells.

2024-08-17 15:00:56 EDT, Sentiment: 0.16

XRP price is facing increased sell pressure following the court's denial of the SEC's request.
XRP Price Sees Increased Sell Pressure As Court Denies SEC Request

Summary: Ripple (XRP) faces significant selling pressure as investors lose faith amid ongoing legal battles with the SEC. Despite a recent court decision reducing fines, uncertainty drives investors to sell XRP and invest in the booming ETFSwap (ETFS) market.

  • Sentiment: -0.7
  • The Merkle News @ 2024-08-17 15:00:56 EDT Read More
XRP Price Sees Increased Sell Pressure As Court Denies SEC Request
XRP Price Sees Increased Sell Pressure As Court Denies SEC Request

Summary: Ripple (XRP) is facing intense selling pressure amid ongoing legal issues with the SEC, despite a recent court ruling reducing fines. Investors are shifting to ETFSwap (ETFS), leading to XRP's price decline and growing bearish sentiment in the market.

  • Sentiment: -0.6
  • The Merkle News @ 2024-08-17 15:00:56 EDT Read More
XRP Price Sees Increased Sell Pressure As Court Denies SEC Request

XRP price predictions and forecasts.

2024-08-17 14:23:44 EDT, Sentiment: 0.66

Analyst predicts XRP price could surge to $6.1 by August’s end.
Top Analyst Calls 11,745% XRP Price Rally Based On God Candle Formation

Summary: Following Ripple's legal victory, analyst Amonyx predicts XRP could surge 11,745% to $57 in eight weeks, citing a potential "God candle" formation. While this offers hope, the highly volatile crypto market warrants cautious consideration of such predictions.

  • Sentiment: 0.1
  • Times Tabloid @ 2024-08-17 14:23:44 EDT Read More
Top Analyst Calls 11,745% XRP Price Rally Based On God Candle Formation
XRP Price Prediction If Bitcoin Hits $100k and Ripple Has a Favorable Appeal

Summary: The Ripple vs. SEC case saw Ripple ordered to pay $125 million for selling unregistered securities to institutional investors, a reduction from the $2 billion sought. The court ruling also classified XRP as a security for institutional sales, affecting its future price and adoption.

  • Sentiment: 0.2
  • CaptainAltcoin @ 2024-08-17 15:56:57 EDT Read More
XRP Price Prediction If Bitcoin Hits $100k and Ripple Has a Favorable Appeal
Crypto Expert Who Predicted XRP’s Legal Victory Reveals Altcoin That Will Soar 1400% in 2024

Summary: On August 7, 2024, Ripple won its legal battle against the SEC, which had accused it of securities law violations. The court imposed a $125 million penalty, much lower than the SEC's demand. XRP’s price initially surged but later stabilized around $0.55.

  • Sentiment: 0.6
  • Crypto Daily @ 2024-08-17 16:00:00 EDT Read More
Crypto Expert Who Predicted XRP’s Legal Victory Reveals Altcoin That Will Soar 1400% in 2024
Top Investor Predicts $1.5 Million Profit from XRP: What’s Behind the Bold Forecast

Summary: MichaelXBT forecasts XRP could reach $2, representing a 251% increase from its current price. He believes this is achievable based on XRP's historical patterns and consolidation phase, despite recent market volatility and prior extreme predictions from other analysts.

  • Sentiment: 0.7
  • The Currency analytics @ 2024-08-17 15:16:42 EDT Read More
Top Investor Predicts $1.5 Million Profit from XRP: What’s Behind the Bold Forecast
XRP Price Prediction 2024-2030: Is XRP a Good Investment?

Summary: XRP, despite its current low trading price of $0.65, remains a key player in the crypto market. Following a recent SEC settlement, experts predict varied future price movements, with some forecasts suggesting potential gains up to $1.29 by 2025.

  • Sentiment: 0.1
  • thestockwatcher @ 2024-08-17 20:38:32 EDT Read More
Is Ripple (XRP) Mirroring this 2017 Mega Bullish Bitcoin Pattern? Expert Thinks Altcoin Sector is About to Bloom

Summary: XRP's current market behavior mirrors Bitcoin's 2017 surge, suggesting a potential new altcoin boom. Analysts predict that, if market sentiment remains positive, XRP might experience significant price increases akin to its previous highs.

  • Sentiment: 0.8
  • CaptainAltcoin @ 2024-08-18 08:00:00 EDT Read More
Is Ripple (XRP) Mirroring this 2017 Mega Bullish Bitcoin Pattern? Expert Thinks Altcoin Sector is About to Bloom
XRP Nears Major Technical Indicator: Are Bullish Signals Coming?

Summary: XRP is nearing a potential golden cross, a bullish technical pattern that could drive its price toward key resistance levels like $0.60 or higher. However, a failed crossover may lead to declines, with broader market factors and regulatory issues also influencing its trajectory.

  • Sentiment: 0.1
  • DailyCoin @ 2024-08-18 13:00:00 EDT Read More
XRP Nears Major Technical Indicator: Are Bullish Signals Coming?
Analyst Predicts XRP Price Surge: $6.1 by August’s End?

Summary: XRP could potentially reach $6.1 by August’s end, according to a 2017 fractal analysis. For this bullish scenario to materialize, XRP must stay above a critical support level. The token is also seen as pivotal in linking Central Bank Digital Currencies.

  • Sentiment: 0.6
  • Crypto News Flash @ 2024-08-18 02:00:27 EDT Read More
Analyst Predicts XRP Price Surge: $6.1 by August’s End?
updatedupdated2024-08-182024-08-18