David Schwartz, Ripple's former CTO, disputed claims that the SEC's lawsuit focused only on XRP sales, stating the SEC repeatedly called XRP itself a security before courts rejected this. The 2020 lawsuit led to a mixed ruling where programmatic XRP sales on public exchanges were not securities transactions, but institutional sales were. This ruling was seen as a partial victory for Ripple, affirming XRP is not a security in general. The case highlights ongoing regulatory debates around cryptocurrency classification.
Bitcoin's price stabilized around $79,600 to $80,100 after a recent surge, supported by strong institutional demand with spot Bitcoin ETFs attracting up to $987 million in weekly inflows. Corporate Bitcoin purchases continued despite market volatilit...
XRP futures trading volume surged to $64.6 billion in August, the highest since February, driven by a nearly 30% price increase from $1.06 to $1.50. Binance led the derivatives market with $37 billion in futures volume, followed by Bybit and OKX. Spo...
XRP futures trading volume surged to a six-month high, reaching $11.37 billion on August 22, coinciding with a price rebound to around $1.40–$1.42 and increased exchange withdrawals. This heightened activity across major exchanges suggests growing ma...
XRP's open interest in derivatives has recovered sharply after a late-August drop, reaching around $244 million on Binance by September 6. However, aggressive selling continues in both perpetual futures and spot markets, indicated by a negative cumul...
The XRP Ledger is close to activating the BatchV1_1 amendment, a significant upgrade that allows developers to bundle up to eight transactions into one. This feature, pending approval by over 80% of validators for two weeks, will simplify app develop...
