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.

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

Dogecoin

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.

Ripple May Resume a Downtrend as It Reaches the Breakout Level of $0.41

Nik Bougalis says he's not joining another blockchain or Web3 company.

Ripple's Director of Engineering Leaves Firm as XRP Turns 10

The crypto strategist who accurately called Bitcoin's collapse earlier this year says rallies are in sight for both BTC and Ethereum (ETH).

Analyst Who Called 2022 Bitcoin Crash Predicts Imminent Rally for BTC and Ethereum, Issues Alert to XRP Holders

The chief executive of Ripple Labs says that the U.S. Securities and Exchange Commission's (SEC) behavior is shocking after the regulatory body was forced to release new details in its case against XRP.

Ripple CEO Calls SEC's Behavior ‘Shocking' After Regulator Forced To Release New Details in Landmark Crypto Lawsuit

In its first leg of victory against the Securities and Exchange Commission (SEC), Ripple Labs has handed over crucial documents that will aid in its conflict against the watchdog, which asserts that the company's (CRYPTO: XRP) tokens were sold illegally as an unregistered security. What Happened: The documents were obtained after 18 months and six court requests.

'Worth The Fight:' Ripple Labs Hopes Newly Attained Documents Get SEC Off Its Back

Ripple (XRP) is in a downtrend as the price of the cryptocurrency breaks below the moving average lines. The cryptocurrency has broken below the breakout level of $0.41, but has come back. XRP is now trading between the moving average lines.

Ripple Resumes a Downtrend as It Retraces Above the Breakout Level of $0.41

Ripple's general council says the crypto payments firm has received a series of documents from the U.S. Securities and Exchange Commission revealing the agency's internal dialogue on Ethereum. Late last month, District Judge Analise Torres ordered the SEC to release the files, which the SEC had repeatedly tried to keep out of the courtoom.

Ripple Receives Contentious Internal Documents on Ethereum From SEC, Says Revelations Are ‘Well Worth the Fight'

"The shamefulness of their behavior here will shock you," says CEO Brad Garlinghouse.

Ripple Obtains Long-Sought Documents of Former SEC Official Who Declared Ethereum Not a Security

Following two days of declines, dogecoin rebounded earlier in today's session, moving away from a key level of support. The meme coin, which has been hovering close to a one-month low, surged, as bulls seemingly bought the dip. The token formerly known as ripple (xrp) was also higher.

Biggest Movers: DOGE, XRP Rebound Following Recent Declines

Two more parties are attempting to weigh in on the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple. The two new parties are Phillip Goldstein, a managing member at the investment advisory firm Bulldog Investors, and the Investor Choice Advocates Network (ICAN).

Crypto Legal Expert Says SEC Being Bombarded From All Angles As Amicus Briefs Pile Up in Ripple and XRP Lawsuit

Payments firm Ripple has revealed the second batch of creators that will get a share of its $250 million Creator Fund, which was launched to promote non-fungible token (NFT) projects on the XRP Ledger (XRPL).

Ripple Unveils New NFT Projects Set To Benefit From $250,000,000 Web3 Creator Fund

Ripple shows no signs of backing down from its commitment to NFT creators building on the XRP Ledger.

Ripple Unveils Latest Recipients of $250 Million NFT Creator Fund

The price of Ripple (XRP) is in the bullish trend zone as it has retreated below the 21-day line SMA. The cryptocurrency asset has fallen to $0.44 and resumed consolidation above this level.

Ripple Slides Down Marginally as It Faces Rejection at $0.54

According to an announcement from Ripple's core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available technologies,” alongside deploying “existing Solidity apps on the EVM sidechain.

News for XRP Crypto (XRP)