XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

The price of Ripple (XRP) is in a tight range between moving average lines. However, sellers have broken below the 50-day line SMA, suggesting that the downtrend has resumed.

Ripple Struggles above $0.44 as Bears Threaten to Short

Crypto legal expert Jeremy Hogan says the amicus briefs filed in the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple are harming the SEC's case. Hogan says the amicus briefs are strengthening Ripple's case in the lawsuit the markets regulator filed against Ripple alleging XRP to be an unregistered security.

Amicus Briefs Are Boosting Ripple's Case and Weakening SEC's Arguments in XRP Lawsuit, Says Crypto Legal Expert

Dogecoin

Deep-pocketed crypto whales are moving over $130 million worth of Dogecoin (DOGE) and XRP as crypto markets plateau this week. An unknown wallet sent 150 million DOGE worth more than $20.7 million to another unknown wallet on Tuesday, according to the blockchain-tracking platform Whale Alert.

Crypto Whales Move Over $130,000,000 in Dogecoin (DOGE) and XRP Within Hours – Here's the Destination

Non-fungible tokens (NFTs) are now live on the XRP Ledger (XRPL) after a new amendment enabling extensions supporting a native NFT type on the ledger was activated.

Ripple CTO Identifies Key Milestone As XRP Ledger Sees NFTs Go Live on Mainnet

For blockchain innovator Ripple Labs (CRYPTO: XRP), the past two years have been fraught with uncertainties on account of the Securities and Exchange Commission (SEC) action in December 2020 regarding $1.3 billion of capital raised by the company's co-founder Chris Larsen and current CEO Brad Garlinghouse. Despite the company's relentless drive to innovate enterprise-grade solutions for businesses that are faster and more cost effective than traditional financial services, its native token continued to trade significantly lower than its all-time high of $3.03 reached in 2017.

What's Going On With Ripple Labs (XRP)? Here's What You Need To Know

Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase's support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit.

Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit Over XRP

The team behind the largest euro-backed stablecoin is announcing integration with Ripple Lab's XRP Ledger (XRPL). In a new blog post, Stasis, the company behind STASIS EURO (EURS), says they have completed integrating EURS into the XRP Ledger.

Ripple Helps Bring New Euro-Pegged Stablecoin to XRP Ledger

Yet another two parties are attempting to weigh in on the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple.

Coinbase and Crypto Advocacy Group Support Ripple in XRP Lawsuit With SEC by Asking To File Amicus Briefs

Shiba Inu

A widely followed crypto analyst is forecasting potential rallies in XRP and another Ethereum-based altcoin from the social token space. The pseudonymous analyst known as Altcoin Sherpa tells his 186,000 Twitter followers that XRP is forming a decent base for a rally as long as Bitcoin (BTC) can hold steady.

Analyst Predicts Rallies in XRP and One Ethereum-Based Altcoin, Updates Stance on DOGE Rival Shiba Inu (SHIB)

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has petitioned a federal court to file an amicus curiae brief intending to support Ripple (CRYPTO: XRP) in its fight against the U.S. Securities and Exchange Commission, contending that the regulator has failed to keep pace with the digital assets industry. In a series of tweets, Paul Grewal, Coinbase's chief legal officer stated that the Constitution guarantees that government agencies cannot condemn conduct as a violation of law without providing fair notice that the conduct is illegal and that by suing sellers of XRP tokens after making public statements signaling that those transactions were lawful, the SEC has lost sight of this bedrock principle.

Coinbase Petitions To File Amicus Curiae Brief In Support Of Ripple In SEC Fight

Stasis completed an integration with XRP Ledger in an effort to expand the settlement layers it uses to facilitate cross-border payments with EURS.  The post Stasis integrates euro-backed stablecoin with XRP Ledger appeared first on The Block.

Stasis integrates euro-backed stablecoin with XRP Ledger

The price of Ripple (XRP) is in a sideways movement between the moving average lines.

Ripple Holds Above The Breakthrough Level Of $0.41

America's largest crypto exchange is getting more and more vocal with its support for industry peers engaged in legal battles with the SEC.

Coinbase Is Backing Ripple Against the SEC

A deep-pocketed crypto investor is abruptly moving a massive trove of XRP worth nearly $150 million over the past weekend. On Saturday, an unknown wallet sent 313,218,270 XRP worth more than $148 million to another unknown wallet, according to the blockchain-tracking platform Whale Alert.

XRP Whale Suddenly Moves Massive $148,102,802 Trove of Crypto

The crypto exchange joins a trade group and other groups in arguing the SEC's case threatens the broader industry.

Coinbase Files to Support Ripple Against SEC Case

Coinbase has filed for permission to submit a brief in the Ripple case that argues the SEC has failed to provide adequate guidance for crypto. The post Coinbase submits amicus brief in Ripple case appeared first on The Block.

Coinbase submits amicus brief in Ripple case

Ripple's holdings of XRP have sunk for the first time ever below 50% of the total outstanding token supply, a new report says. Ripple has faced criticism for owning a large amount of XRP with some arguing it gives the group too much control over the XRP Ledger (XRPL), a decentralized public blockchain.

Ripple's XRP Holdings Sink Below 50% of the Outstanding Supply for the First Time, According To Quarterly Report

Flare is officially entering beta mode as XRP holders continue to await its long-delayed Spark (FLR) token airdrop. Flare announced via Twitter on Friday morning that it had surpassed its “decentralization threshold.” The network now has 20 validators on its mainnet, only four of which are run by the Flare Foundation.

Flare Network Enters Beta Mode As XRP Holders Await Long-Delayed Spark (FLR) Token Giveaway

The Blockchain Association has filed an amicus brief in the ongoing battle between the SEC and Ripple Labs. The post Blockchain Association files amicus argument in Ripple case appeared first on The Block.

Blockchain Association files amicus argument in Ripple case

The Internet Choice Advocates Network and SpendTheBits also filed amicus briefs.

Crypto Lobbyist Group Blockchain Association Asks Court for Permission to Support Ripple Against SEC Case

Bitcoin

Ethereum

Crypto whales are suddenly moving hundreds of millions of dollars worth of Ethereum (ETH), Bitcoin (BTC), XRP, and Dogecoin (DOGE) over the last 24 hours. According to the whale-surveying platform Whale Alert, a deep-pocketed Ethereum investor is moving 83,500 ETH worth $130,143,407 at time of writing from one unknown wallet to another.

Whales Move $412,300,000 in Ethereum, XRP, Bitcoin and Dogecoin in Just One Day – Here's Where the Crypto Is Heading

The price of Ripple (XRP) is in a downtrend, but fluctuating between $0.42 and $0.48 price levels. Selling pressure could resume if sellers break the $0.42 support or the 50-day line SMA.

Ripple Is Stuck in a Range as Sellers Retrace Steps to the $0.34 Low

Ripple's new push to develop a sidechain on the XRP Ledger (XRPL) could be “very bullish” for XRP, according to a popular crypto analyst.

Ethereum-Compatible Sidechain Could Be Very Bullish for XRP, According to Coin Bureau – Here's Why

Ripple's vice president of litigation thinks the outcome of the U.S. Securities and Exchange Commission's (SEC) lawsuit against the San Francisco-based payments firm will have a huge impact on the crypto space at large.

Ripple Lawyer Says XRP Lawsuit Will Set Precedents for Entire Crypto Industry – Here's What She Means

The price of Ripple (XRP) has fallen to a low of $0.44 at the time of writing. The cryptocurrency has declined since the recent high of $0.54.

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