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.

Ripple CEO Brad Garlinghouse says the latest court ruling on Ripple's securities lawsuit “is a big win.” He stressed that “absolutely nothing in the decision negates or changes the fact that XRP is, in and of itself, not a security.

Ripple CEO Hails Latest Court Ruling ‘a Big Win' — Calls His Lawsuit Baseless Troll Attempt

A California judge has dismissed a set of class-action claims against Ripple related to the sale of XRP, though she did send an individual case to trial. Bradley Sostack, a former XRP investor, launched a class-action lawsuit back in 2018, claiming Ripple illegally sold XRP as an unregistered security and violated advertising laws in California.

California Judge Tosses Class Action Claims Against Ripple but Greenlights One Individual Case To Move To Trial

Ripple's chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres' ruling regarding the non-security status of XRP “stands undisturbed.” New York's ‘Ruling That XRP Is Not a Security Stands Undisturbed' Following the ruling by the U.S.

Ripple Clarifies XRP Is Not a Security After New Court Ruling

The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse. Court Ruling on Ripple's Securities Lawsuit The U.S.

Ripple Wins Partial Summary Judgment in Securities Lawsuit

A civil securities lawsuit against Ripple Labs (CRYPTO: XRP) is set to proceed to trial, following a ruling by a California judge. What Happened: The court denied part of Ripple's motion for summary judgment, focusing on allegations that Ripple's CEO violated state securities laws in 2017, Coindesk reported.

California Judge Advances Civil Securities Lawsuit Against Ripple, Sets Stage For Trial

The charges take issue with the CEO saying he was "very, very long" on XRP. Plaintiffs allege he sold millions worth of XRP the same year.

Ripple CEO Faces Trial Over Alleged 'Misleading Statements' in 2017 Interview

A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm's motion for summary judgment in a suit alleging that Ripple's CEO violated state securities laws in 2017.

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

Cardano

Investors increased their bearish bets on prominent cryptocurrencies such as XRP and Cardano Wednesday, raising the prospect of gains in the event of liquidation. What Happened: According to on-chain analytics firm Santiment, XRP and Cardano witnessed heavy shorting following a temporary bounce due to the SEC's decision to withdraw the security probe into Ethereum (CRYPTO: ETH).

Can Spike In Short Selling Act As 'Rocket Fuel' For XRP And Cardano? Here Is What This Analyst Firm Says

Payment-focused cryptocurrency XRP (CRYPTO: XRP) may have lagged the broader cryptocurrency market in 2024, but investors were hopeful for a shift in market sentiment toward the bullish side. What Happened: According to the on-chain analytics firm CryptoQuant, speculative interest in the token shot up dramatically, reflected by an increase in open interest past $400 million.

XRP Set For A Fresh Rally? Analytics Firm Flags Jump In Open Interest: 'Investors Are Opening More Positions With The Expectation Of Price Increase'

In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It's just issued by the government,” the executive described.

Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview

Ripple CEO Brad Garlinghouse expressed his view on the political landscape in the U.S. regarding cryptocurrency regulation on social media platform X on Monday. “You'll hear this a lot more in the next few months in the U.S. — candidates will only gain votes for being pro-crypto, and absolutely lose them for being anti-crypto.

Ripple CEO: Pro-Crypto Stance Will Win Votes in Upcoming Elections

The U.S. Securities and Exchange Commission (SEC) has clapped back against Ripple's latest bid to reduce the severity of its fines. In a legal filing last week, the San Francisco payments company pointed to the SEC's recent $4.

SEC Rejects Ripple's $10,000,000 Settlement Proposal, Says the Figure Would Not Satisfy Civil Penalty Statutes

Bitcoin

Dogecoin

Ethereum

Fairlead's 12-week relative rotation graph shows signs of green shoots in XRP, LINK, ETH.

XRP, LINK, ETH Stand Out Relative to BTC in Sector Rotation Analysis, DOGE Struggles

Shiba Inu

The cryptocurrency market had a rough start to the week, with popular large-cap currencies registering marked declines. What Happened: Memecoins Dogecoin and Shiba Inu, and payment-focused coin XRP traded in the red on Monday, as indicated below.

Dogecoin, Shiba Inu, XRP Flagged By Analytics Firm As Buying Opportunities Amid 2024 Sentiment Low

As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.

Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

The SEC rebutted Ripple's push for lower fines in its case against the regulator and said circumstances were different than past penalties.

US SEC pushes back against Ripple's efforts to lower its fines saying the firm ‘is agreeing to nothing'

06/17 update below. This post was originally published on June 15

IMF Issues Serious U.S. Dollar Collapse Warning As The Fed Primes Bitcoin, Ethereum And XRP For A Crypto Price Boom

Ripple's chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)'s allegations following the crypto firm's proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized that, unlike the Terraform Labs case, there are no victims to compensate in Ripple's case.

Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate

The price of the Ripple coin (XRP) has fallen below the moving average lines, hitting a low of $0.45 on June 7. The bulls got the dips and rose above the current support of $0.46.

Ripple Coin Price Holds Above Its Low Of $0.46 And Recovers

The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification.

SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case

Terra

Luna Classic (Former Terra)

Ripple is pointing to the recent Terraform Labs settlement in a bid to reduce their own penalty from the U.S. Securities and Exchange Commission (SEC). Earlier this week, the SEC reached a $4.

Ripple Cites New Terraform Labs Settlement in a Bid To Convince the Court To Lower the SEC's Civil Penalty

Bitcoin, along with other major cryptocurrencies ethereum and XRP XRP , have rocketed higher this year (with a China earthquake potentially about to cause bitcoin price chaos).

‘Stealth Erosion'—IMF Issues ‘Striking' U.S. Dollar Collapse Warning As The Fed Primes Bitcoin, Ethereum And XRP For A Crypto Price Boom

The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.

Ripple CEO Brad Garlinghouse Says This Is What the Crypto Industry Needs To Focus on To Drive Mass Adoption

In a recent development, a Senate committee has passed a potentially transformative crypto bill. This move could significantly influence the prices of Bitcoin, Ethereum, and XRP.

Senate Committee Passes Surprise Crypto Bill — Could Boost the Price of Bitcoin, Ethereum, XRP

Ripple arguing its penalty is too high, "even though there are no allegations of fraud in this case."

News for XRP Crypto (XRP)