Ripple CTO David Schwartz has spoken out in a recent tweet about the XRP buyback proposal that first surfaced in 2021 and is now resurfacing with a second iteration. The controversial proposal is currently being heatedly discussed again on Twitter after Valhil Capital CEO Jimmy Vallee brought up the idea
Deaton says he has not asked anyone for money for his efforts on behalf of XRP holders.Attorney John E. Deaton has made it clear that he has no involvement with Jimmy Vallee’s XRP buyback proposal, asserting that he will not accept money for his efforts in the Ripple and LBRY
Ripple pours billions of dollars into purchasing XRP from secondary markets.Leading blockchain company Ripple Labs has played a significant role in the sustainability of XRP price. The value of XRP has plunged heavily following the SEC’s charges against Ripple and two of its executives – Brad Garlinghouse (Ripple CEO) and
According to Egrag, a drop to $0.22 is also likely to play out if the current downtrend persists.XRP could surge to a high of $1.4 upon the reversal of the current downtrend the asset has been caught in since May 2021, according to Egrag Crypto, a notable cryptocurrency analyst. The
Despite a slight drop in value in the past 24 hours, the asset is still registering modest gains since the start of today.XRP currently has its eyes set on the pre-FTX price territory at $0.45 amid several bullish speculations that have emerged on the legal battle between Ripple and the
Coil, a key entity in the XRP ecosystem and a company backed by millions of dollars from Ripple has surprisingly announced that it will cease operations. The company, led by CEO Stefan Thomas, used to provide one of three Unique Node Lists (UNLs) for the XRPL, alongside Ripple and the
The US SEC has accepted that the LBRY Credits (LBC) token is not a security. LBC Token shot up to a daily high of $0.03225 after the news. At press time, the token was trading at $0.0278. The price of LBRY Credits (LBC) surged by over 90% earlier today after
Attorney John E. Deaton scored a massively significant victory for the entire crypto industry, the XRP community as well as Ripple yesterday. As Bitcoinist reported, Deaton appeared as an amicus in the remedies hearing in the litigation between LBRY and the U.S. Securities and Exchange Commission (SEC). The attorney managed
The United States Securities and Exchange Commission (SEC) has acknowledged publicly in the public record that the secondary market sale of LBRY Credits (LBC) tokens does not constitute the sale of a security. On January 30, an appeal hearing was held in the case LBRY vs. SEC. The settlement was
Even though the legal battle between Ripple and the U.S. Securities and Exchange Commission was not heard yesterday, Ripple, XRP, and the entire crypto industry won an important partial victory in its fight against the SEC’s overreaching regulation by enforcement, thanks to attorney John E. Deaton. In yesterday’s appeal hearing
There’s little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. 3281 Total views 36 Total shares Bitcoin (BTC) headed for its lowest weekly close since 2020 on Sep. 25 as a week of macro turmoil took its
XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC).Settlement rumors fuel XRP price boom On Sept. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13