Adolfo710
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🇪🇺$XRP Ripple launches first euro stablecoin on XRP Ledger: EURØ goes live
Ripple is officially entering the euro stablecoin market. On May 22, the company announced the launch of EURØ, the first euro-backed stablecoin deployed on the XRP Ledger. Issued by Luxembourg-based firm Stably, EURØ is fully collateralized, compliant with EU regulations, and designed to serve as a “gold standard” for European digital payments.
EURØ will operate natively on both the XRP Ledger and Ethereum, enabling fast cross-border transfers, FX settlements, and DeFi use cases. Ripple says the coin is backed 1:1 by euro-denominated assets held in regulated financial institutions, with regular third-party attestations.
This marks a strategic expansion for Ripple after its recent settlement with the SEC and growing focus on institutional adoption. By offering a euro-denominated stablecoin, Ripple positions itself as a key infrastructure provider for digital payments in Europe.
Unlike dollar-backed stablecoins, the euro segment remains underdeveloped — giving EURØ first-mover advantage. Its launch aligns with the EU’s MiCA framework, which officially comes into force in late 2025, setting legal standards for digital asset issuance across the bloc.
Ripple now has a foothold in both dollar and euro liquidity — and as traditional finance looks to tokenize everything from FX to securities, stablecoins may become the new rails of global value transfer.
Is EURØ the turning point for euro adoption in crypto?#AMAGE
Ripple is officially entering the euro stablecoin market. On May 22, the company announced the launch of EURØ, the first euro-backed stablecoin deployed on the XRP Ledger. Issued by Luxembourg-based firm Stably, EURØ is fully collateralized, compliant with EU regulations, and designed to serve as a “gold standard” for European digital payments.
EURØ will operate natively on both the XRP Ledger and Ethereum, enabling fast cross-border transfers, FX settlements, and DeFi use cases. Ripple says the coin is backed 1:1 by euro-denominated assets held in regulated financial institutions, with regular third-party attestations.
This marks a strategic expansion for Ripple after its recent settlement with the SEC and growing focus on institutional adoption. By offering a euro-denominated stablecoin, Ripple positions itself as a key infrastructure provider for digital payments in Europe.
Unlike dollar-backed stablecoins, the euro segment remains underdeveloped — giving EURØ first-mover advantage. Its launch aligns with the EU’s MiCA framework, which officially comes into force in late 2025, setting legal standards for digital asset issuance across the bloc.
Ripple now has a foothold in both dollar and euro liquidity — and as traditional finance looks to tokenize everything from FX to securities, stablecoins may become the new rails of global value transfer.
Is EURØ the turning point for euro adoption in crypto?#AMAGE
🚀🚀🚀
Mike Brown
--
XRP Price Already Set? Black Swan CEO Says the Game’s Rigged
Versan Aljarrah (Black Swan Capitalist CEO) claims the real price of $XRP is already locked in — by the big boys.
Think JP Morgan, BlackRock, BIS. According to him, XRP’s current price is just noise. Behind closed doors, its true value is already set — like a pre-IPO stock waiting to launch.
He says XRP is already integrated into national systems (especially in the Caribbean) and that institutional use, not retail hype, will define its price. His range?
$100–$1,000 per XRP.
Critics call cap — saying no one’s paying above market price.
But Aljarrah says once XRP’s utility kicks in globally, retail charts won’t matter.
Big claims. Bigger implications.
DYOR. Not financial advice.
#xrp
Think JP Morgan, BlackRock, BIS. According to him, XRP’s current price is just noise. Behind closed doors, its true value is already set — like a pre-IPO stock waiting to launch.
He says XRP is already integrated into national systems (especially in the Caribbean) and that institutional use, not retail hype, will define its price. His range?
$100–$1,000 per XRP.
Critics call cap — saying no one’s paying above market price.
But Aljarrah says once XRP’s utility kicks in globally, retail charts won’t matter.
Big claims. Bigger implications.
DYOR. Not financial advice.
#xrp
🙉
Massive $414M XRP Transfer Sparks Speculation as Network Hits Record Growth
JUST IN 🚨🚨
Massive $414M XRP Transfer Sparks Speculation as Network Hits Record Growth
Anon 230,770,000 XRP Transfer Sparks Hot Discussion in Community: Details👇🏼
1/3
Whale Moves 230M XRP in Single Transaction
Blockchain monitoring service Whale Alert has flagged a major XRP transaction, as nearly 231 million tokens—worth over $414 million—were moved between two anonymous wallets within the last three hours. The crypto community on X quickly lit up with speculation, with some users suggesting it was a sign of whale activity, while others hinted at a possible over-the-counter (OTC) sale. The size of the transfer triggered concerns and curiosity, especially in light of a similar event earlier this week when 200 million XRP were moved to Binance, only to be later confirmed as an internal reshuffle
2/3
Kraken-Linked Wallets Behind the Transaction
Adding clarity to the latest transaction, XRP explorer Bithomp later identified the wallets as being associated with U.S.-based exchange Kraken, indicating that this too may have been an internal balance adjustment rather than a market-moving trade. Still, the event underscores the increased movement of large XRP volumes, a trend that has coincided with rising interest in XRP among institutions and retail investors alike. The fact that such high-value transfers are becoming more frequent is viewed by some analysts as a signal of deepening liquidity and maturation of XRP’s market structure
3/3
Network Adoption at All-Time High
Amid the speculative buzz, new on-chain data points to a strengthening XRP ecosystem. According to crypto analyst Ali Martinez, data from Glassnode shows that the XRP network has reached a new all-time high of 6.26 million wallets holding at least 1 XRP. This milestone suggests continued growth in retail participation, even as XRP faces price volatility—dropping over 10% in 24 hours from $1.95 to $1.74, before bouncing slightly to $1.82. Despite the dip, the expanding base of small holders may serve as a long-term bullish signal, highlighting rising confidence in XRP’s utility and future adoption
#xrp
#MarketRebound
#RİPPLE
#MarketRebound
#MarketRebound
#MarketRebound
#MarketRebound
#MarketRebound
#MarketRebound
#CryptoTariffDrop
#CryptoTariffDrop
#TrumpTariffs $BTC
$ETH
$XRP
Massive $414M XRP Transfer Sparks Speculation as Network Hits Record Growth
Anon 230,770,000 XRP Transfer Sparks Hot Discussion in Community: Details👇🏼
1/3
Whale Moves 230M XRP in Single Transaction
Blockchain monitoring service Whale Alert has flagged a major XRP transaction, as nearly 231 million tokens—worth over $414 million—were moved between two anonymous wallets within the last three hours. The crypto community on X quickly lit up with speculation, with some users suggesting it was a sign of whale activity, while others hinted at a possible over-the-counter (OTC) sale. The size of the transfer triggered concerns and curiosity, especially in light of a similar event earlier this week when 200 million XRP were moved to Binance, only to be later confirmed as an internal reshuffle
2/3
Kraken-Linked Wallets Behind the Transaction
Adding clarity to the latest transaction, XRP explorer Bithomp later identified the wallets as being associated with U.S.-based exchange Kraken, indicating that this too may have been an internal balance adjustment rather than a market-moving trade. Still, the event underscores the increased movement of large XRP volumes, a trend that has coincided with rising interest in XRP among institutions and retail investors alike. The fact that such high-value transfers are becoming more frequent is viewed by some analysts as a signal of deepening liquidity and maturation of XRP’s market structure
3/3
Network Adoption at All-Time High
Amid the speculative buzz, new on-chain data points to a strengthening XRP ecosystem. According to crypto analyst Ali Martinez, data from Glassnode shows that the XRP network has reached a new all-time high of 6.26 million wallets holding at least 1 XRP. This milestone suggests continued growth in retail participation, even as XRP faces price volatility—dropping over 10% in 24 hours from $1.95 to $1.74, before bouncing slightly to $1.82. Despite the dip, the expanding base of small holders may serve as a long-term bullish signal, highlighting rising confidence in XRP’s utility and future adoption
#xrp
#MarketRebound
#RİPPLE
#MarketRebound
#MarketRebound
#MarketRebound
#MarketRebound
#MarketRebound
#MarketRebound
#CryptoTariffDrop
#CryptoTariffDrop
#TrumpTariffs $BTC
$ETH
$XRP
🙉🙉
DL News
--
XRP seen to overtake Ethereum. Here’s how and when Standard Chartered says it will happen
XRP’s price will skyrocket by over 500% to $12.50 in 2028, enabling the cryptocurrency’s market value to eclipse Ethereum’s.
That’s according to new research from Geoff Kendrick, global head of digital assets research at Standard Chartered Bank.
“That will make XRP the second-largest non-stablecoin digital asset,” wrote Kendrick in a Tuesday note.
Thus, XRP joins a group of cryptocurrencies that Standard Chartered expects to be the market’s big winners. Other members of that group include Bitcoin and Avalanche, while Ethereum is expected to be one of the losers.
The note adds to the bullish hype that has surrounded the Ripple-linked cryptocurrency over the past six months.
The hype has been fuelled by US President Donald Trump’s pro-crypto stance and the Securities and Exchange Commission having dropped its case against Ripple.
The case for XRP
Kendrick argued the XRP token and its associated public layer 1 blockchain, the XRP Ledger, are poised to benefit from tokenisation and the ability to facilitate cross-border and cross-currency payments, both fast-growing slices of the crypto pie.
Ripple says tokenisation will be a $19 trillion business by 2033.
“XRP is uniquely positioned at the heart of one of the fastest-growing uses for digital assets — facilitation of cross-border and cross-currency payments,” Kendrick wrote.
Ripple has enjoyed some good news lately.
The company’s founders helped develop the XRP Ledger, and made it open source in 2015.
Today, the firm still engages the XRPL developer community and provides it with tools, services, and infrastructure support.
The prospect of the SEC approving a spot XRP exchange-traded fund is seen as a potential big boon to the cryptocurrency.
Polymarket bettors give spot XRP ETFs a 77% chance of being approved in 2025.
Kendrick said he expected XRP ETFs to be approved between July and September.
He also estimated that those funds will generate between $4 billion and $8 billion in the first 12 months, echoing JPMorgan, which has made a similar estimate.
Ripple also recently announced a large deal with the United Arab Emirates, that will see its technology used in the Dubai International Financial Centre, itself the host of many crypto firms.
Challenges
To be sure, XRP’s price has dropped about 12% in the past week and punters on crypto-betting platform Polymarket bet it’s going to fall even more this month.
The drop is part of a wider crypto market wipeout that has shaved about 8.8%, or $251 billion, of the total market’s value over the past seven days, according to CoinGecko.
The trigger? Trump’s so-called “psychodrama” trade policies that have slammed some of the US’ closest trading partners, its rivals and even a bunch of penguins with fresh tariffs.
Even so, Kendrick argued that XRP and other cryptocurrencies will come out of the mess stronger than ever.
“Keep looking for winners and HODLing those you already own,” Kendrick said. “Tariff mess will be over soon, and Bitcoin’s solid performance during the noise tells us a leg higher for the asset class will follow.”
Andrew Flanagan is a markets correspondent for DL News. Have a tip? Reach out to [email protected].
That’s according to new research from Geoff Kendrick, global head of digital assets research at Standard Chartered Bank.
“That will make XRP the second-largest non-stablecoin digital asset,” wrote Kendrick in a Tuesday note.
Thus, XRP joins a group of cryptocurrencies that Standard Chartered expects to be the market’s big winners. Other members of that group include Bitcoin and Avalanche, while Ethereum is expected to be one of the losers.
The note adds to the bullish hype that has surrounded the Ripple-linked cryptocurrency over the past six months.
The hype has been fuelled by US President Donald Trump’s pro-crypto stance and the Securities and Exchange Commission having dropped its case against Ripple.
The case for XRP
Kendrick argued the XRP token and its associated public layer 1 blockchain, the XRP Ledger, are poised to benefit from tokenisation and the ability to facilitate cross-border and cross-currency payments, both fast-growing slices of the crypto pie.
Ripple says tokenisation will be a $19 trillion business by 2033.
“XRP is uniquely positioned at the heart of one of the fastest-growing uses for digital assets — facilitation of cross-border and cross-currency payments,” Kendrick wrote.
Ripple has enjoyed some good news lately.
The company’s founders helped develop the XRP Ledger, and made it open source in 2015.
Today, the firm still engages the XRPL developer community and provides it with tools, services, and infrastructure support.
The prospect of the SEC approving a spot XRP exchange-traded fund is seen as a potential big boon to the cryptocurrency.
Polymarket bettors give spot XRP ETFs a 77% chance of being approved in 2025.
Kendrick said he expected XRP ETFs to be approved between July and September.
He also estimated that those funds will generate between $4 billion and $8 billion in the first 12 months, echoing JPMorgan, which has made a similar estimate.
Ripple also recently announced a large deal with the United Arab Emirates, that will see its technology used in the Dubai International Financial Centre, itself the host of many crypto firms.
Challenges
To be sure, XRP’s price has dropped about 12% in the past week and punters on crypto-betting platform Polymarket bet it’s going to fall even more this month.
The drop is part of a wider crypto market wipeout that has shaved about 8.8%, or $251 billion, of the total market’s value over the past seven days, according to CoinGecko.
The trigger? Trump’s so-called “psychodrama” trade policies that have slammed some of the US’ closest trading partners, its rivals and even a bunch of penguins with fresh tariffs.
Even so, Kendrick argued that XRP and other cryptocurrencies will come out of the mess stronger than ever.
“Keep looking for winners and HODLing those you already own,” Kendrick said. “Tariff mess will be over soon, and Bitcoin’s solid performance during the noise tells us a leg higher for the asset class will follow.”
Andrew Flanagan is a markets correspondent for DL News. Have a tip? Reach out to [email protected].
🚀
Quoted content has been removed
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I am the only one who feels a great manipulation by @binance #Binance #boycottbinance
The Hashtag #boycottbinance comes from the idea that their VIP trade bots leave any retail trader behind.
If not, ask yourself why usually $FORM does not drop and if it does, it’s %3 and rises %20.
and the other coins? with a higher market capitalization are stuck with an order wall that does not allow them to grow but FORM and other coins owned by Binance grow like foam, since they do not allow the same type of fast trading with their VIP bots or do not offer the option, you are witnesses, that like many you are second-class users, because after all, it is not possible for %85 of people to afford those bots or programs.
sooo YESSS #boycottbinance
The Hashtag #boycottbinance comes from the idea that their VIP trade bots leave any retail trader behind.
If not, ask yourself why usually $FORM does not drop and if it does, it’s %3 and rises %20.
and the other coins? with a higher market capitalization are stuck with an order wall that does not allow them to grow but FORM and other coins owned by Binance grow like foam, since they do not allow the same type of fast trading with their VIP bots or do not offer the option, you are witnesses, that like many you are second-class users, because after all, it is not possible for %85 of people to afford those bots or programs.
sooo YESSS #boycottbinance
🚀🚀
Ismeidy
--
END of the battle! #Ripple withdraws against appeal
Stuart Alderoty, Chief Legal Officer of Ripple, has announced that Ripple has agreed to withdraw its counter-appeal in the case against the SEC.
As part of the agreement, the SEC will keep 50 million dollars of the 125 million fine already deposited, and the rest will be returned to Ripple.
Additionally, the SEC will request the Court to lift the previously imposed injunction. This agreement is subject to the vote of the Commission.
#RippleXRP #Xrp🔥🔥 $XRP
Stuart Alderoty, Chief Legal Officer of Ripple, has announced that Ripple has agreed to withdraw its counter-appeal in the case against the SEC.
As part of the agreement, the SEC will keep 50 million dollars of the 125 million fine already deposited, and the rest will be returned to Ripple.
Additionally, the SEC will request the Court to lift the previously imposed injunction. This agreement is subject to the vote of the Commission.
#RippleXRP #Xrp🔥🔥 $XRP
🙈
#SECvsRipple
Ripple and the SEC Close a Key Chapter: Implications for the Crypto Ecosystem
After years of litigation, Ripple and the U.S. Securities and Exchange Commission (SEC) have mutually agreed to dismiss their appeals, marking a milestone in a case that defined regulatory boundaries for cryptocurrencies. Judge Analisa Torres determined in 2023 that XRP was not a security in retail transactions, but was in institutional sales prior to the lawsuit, which led to an initial fine of USD 125 million, reduced to USD 50 million after negotiations.
The SEC will withdraw the injunction that limited institutional sales of XRP, allowing Ripple to reactivate this segment under regulatory oversight. Stuart Alderoty, Ripple's general counsel, highlighted that the agreement removes legal uncertainty and paves the way for strategic plans, including a potential IPO in the U.S. and the development of an XRP ETF, as mentioned by Brad Garlinghouse, the company's CEO.
This closure reflects a balance between regulatory compliance and innovation, setting a precedent for similar cases. However, the SEC must internally ratify the terms before issuing an official statement. For the market, the outcome strengthens regulatory clarity and could boost institutional confidence in digital assets. Ripple, now focused on global expansion, demonstrates that dialogue with regulators is key to the maturity of the sector.
Ripple and the SEC Close a Key Chapter: Implications for the Crypto Ecosystem
After years of litigation, Ripple and the U.S. Securities and Exchange Commission (SEC) have mutually agreed to dismiss their appeals, marking a milestone in a case that defined regulatory boundaries for cryptocurrencies. Judge Analisa Torres determined in 2023 that XRP was not a security in retail transactions, but was in institutional sales prior to the lawsuit, which led to an initial fine of USD 125 million, reduced to USD 50 million after negotiations.
The SEC will withdraw the injunction that limited institutional sales of XRP, allowing Ripple to reactivate this segment under regulatory oversight. Stuart Alderoty, Ripple's general counsel, highlighted that the agreement removes legal uncertainty and paves the way for strategic plans, including a potential IPO in the U.S. and the development of an XRP ETF, as mentioned by Brad Garlinghouse, the company's CEO.
This closure reflects a balance between regulatory compliance and innovation, setting a precedent for similar cases. However, the SEC must internally ratify the terms before issuing an official statement. For the market, the outcome strengthens regulatory clarity and could boost institutional confidence in digital assets. Ripple, now focused on global expansion, demonstrates that dialogue with regulators is key to the maturity of the sector.
See original
Ehhhhh we all know that HAHA there is nothing new in that Iceberg HAHAHA
YohannaOlva
--
If you know, you know 😉
🤯🤯🤯🤯
Fantom Foundation
--
Sonic Pay is here.
Get your own debit card on Apple or Google Pay and spend globally with $USDC on Sonic, powered by @RedotPay.
💳 https://www.soniclabs.com/sonicpay
Get your own debit card on Apple or Google Pay and spend globally with $USDC on Sonic, powered by @RedotPay.
💳 https://www.soniclabs.com/sonicpay
long time ago happened to me haha was an awful experience, you just learn the bad way to never NEVER trust anything.
Sorry for your loss and I hope you recover soon.
Sorry for your loss and I hope you recover soon.
⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️
Today I lost few hundred$ and it was my mistake. I had been scammed ( the summit live streaming with QR to double your coin )
The ironic, I sent my XRP ( I know I shouldn’t ) to this wallet as instructed by the scammer ( r3k8KACyx1eYQgvtx4LSuvNmJEvMqza3Bt ) and my money was lost
But if you search via xrpscan about his wallet and then the “Activated By” wallets. You discover that around 5 wallets related to this scam ( many other then me felt into it ) are whales and they have millions of XRP. So whales scammers they are.
Trading platforms and … has nothing to do, even if as per my understanding, block these wallets from trading on their platform at least.
So believe it or not we wait for scammers to steal our money and scam us then use our stole money to trade while trading platform just watch
Please like and comment on this post to reach most of the traders
🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️
Today I lost few hundred$ and it was my mistake. I had been scammed ( the summit live streaming with QR to double your coin )
The ironic, I sent my XRP ( I know I shouldn’t ) to this wallet as instructed by the scammer ( r3k8KACyx1eYQgvtx4LSuvNmJEvMqza3Bt ) and my money was lost
But if you search via xrpscan about his wallet and then the “Activated By” wallets. You discover that around 5 wallets related to this scam ( many other then me felt into it ) are whales and they have millions of XRP. So whales scammers they are.
Trading platforms and … has nothing to do, even if as per my understanding, block these wallets from trading on their platform at least.
So believe it or not we wait for scammers to steal our money and scam us then use our stole money to trade while trading platform just watch
Please like and comment on this post to reach most of the traders
🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️
See original
It's a tent.
BlockchainBaller
--
#XRPPredictions ✅✅ Many of you believed that selling $XRP yesterday was the best move, with claims that it would drop to $1 – but that’s completely off the mark❗DON’T SELL YOUR XRP – THIS IS ONLY THE BEGINNING❗Selling now is like abandoning gold before you strike the treasure!While weak hands are panicking, the smart investors are buying more as $XRP holds strong at $2.4-$2.5 despite all the FUD. Those who predicted a crash to $1-$1.5 have already been proven wrong – just think about where we’ll be by 2025❓
$XRP ALERT: WATCH FOR A POTENTIAL TURNAROUND – STRONG SUPPORT IN PLAY! 🚨
#XRP is currently trading at $2.4413, down by 4.30% from its high of $2.5568. The price has found support around $2.3890, and we are seeing signs of a possible reversal at this critical level.
Trade Setup:
Long Entry: Above $2.4500
Targets:
1. $2.4800
2. $2.5100
3. $2.5400
Stop Loss: Below $2.3800
Market Insight:
The MACD is currently showing a mild positive momentum, but the price is at a critical juncture. If XRP can break through the resistance level at $2.4500, it could see further bullish continuation. A failure to hold above the support at $2.3800 may signal a continued decline.
$XRP ALERT: WATCH FOR A POTENTIAL TURNAROUND – STRONG SUPPORT IN PLAY! 🚨
#XRP is currently trading at $2.4413, down by 4.30% from its high of $2.5568. The price has found support around $2.3890, and we are seeing signs of a possible reversal at this critical level.
Trade Setup:
Long Entry: Above $2.4500
Targets:
1. $2.4800
2. $2.5100
3. $2.5400
Stop Loss: Below $2.3800
Market Insight:
The MACD is currently showing a mild positive momentum, but the price is at a critical juncture. If XRP can break through the resistance level at $2.4500, it could see further bullish continuation. A failure to hold above the support at $2.3800 may signal a continued decline.
See original
BECAUSE PEOPLE ENTER WITH A SHORT-TERM VISION AND SELL, NO ONE HAS THE SENSE TO WAIT FOR THE COIN TO GROW.
$XRP Sorry for my ignorance. But if they dropped the lawsuit and everything is happiness. Why doesn't it fluctuate????
See original
Tomorrow when XRP rises and all those who sold today are left like fuckkk.🤗
Patience is a virtue that not everyone has, ask Buffet.
#RippleVictory #Xrp🔥🔥 $XRP
Patience is a virtue that not everyone has, ask Buffet.
#RippleVictory #Xrp🔥🔥 $XRP
I'm going to take a shot, when I thought XRP was going down I sold them when they were around 2.30 and now they are at 2.50, HAHAHAHAHAHA nothing is learned from mistakes, let's go up my people#xrp #Xrp🔥🔥
See original
Good job📈📈📈💸
$XRP NO sales $XRP alone it's just a matter of holding I've been doing it for 4 years don't try to make yourself a millionaire overnight think carefully before selling because you might be missing out on all the millionaire world $XRP
Binance News
--
SEC Drops Appeal Against Ripple, XRP Tokens Considered Digital Commodities
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal against Ripple, marking a significant development in the ongoing legal saga. Crypto lawyer John Deaton emphasized that this move underscores the classification of XRP tokens as digital commodities rather than securities. Despite this, Ripple still faces a $125 million judgment related to the improper sale of XRP, which the company might now negotiate down following the SEC's decision.
Deaton, who has been a prominent advocate for XRP holders, argued that their interests were not adequately represented in the SEC's case against Ripple. He later ran for a Senate seat against Elizabeth Warren, a known critic of cryptocurrency, to represent Massachusetts in Washington, D.C. A key issue moving forward is Ripple's cross-appeal, filed in October 2024. Deaton suggests that the SEC is keen to avoid this cross-appeal, as a ruling could potentially limit the commission's jurisdiction and impact other cases. This situation provides Ripple with leverage in settlement negotiations. Deaton remarked on the shifting landscape, noting changes in the industry, the SEC's stance, and the political environment, questioning the necessity of the $125 million payment.
However, Ripple still faces an injunction from Judge Analisa Torres, which restricts the company from selling XRP to institutional investors to prevent securities law violations. Deaton highlighted the challenge Ripple faces in overcoming this injunction if it intends to issue XRP directly to American banks. Reflecting on the broader implications of the case, Deaton described it as an attack on the cryptocurrency industry, likening it to a "boot on the neck" of the sector. He expressed confidence that the case was not an isolated incident but part of a broader message from traditional finance and regulatory figures like Elizabeth Warren and Gary Gensler.
Deaton also pointed out that Ripple's continued presence in the U.S. throughout the legal proceedings could work in its favor. He noted that Ripple's CEO, Brad Garlinghouse, could argue that despite being sued by the U.S. government and the Biden administration, Ripple remained an American company. This steadfastness, Deaton believes, could be advantageous for Ripple as it navigates the legal and regulatory landscape.
Deaton, who has been a prominent advocate for XRP holders, argued that their interests were not adequately represented in the SEC's case against Ripple. He later ran for a Senate seat against Elizabeth Warren, a known critic of cryptocurrency, to represent Massachusetts in Washington, D.C. A key issue moving forward is Ripple's cross-appeal, filed in October 2024. Deaton suggests that the SEC is keen to avoid this cross-appeal, as a ruling could potentially limit the commission's jurisdiction and impact other cases. This situation provides Ripple with leverage in settlement negotiations. Deaton remarked on the shifting landscape, noting changes in the industry, the SEC's stance, and the political environment, questioning the necessity of the $125 million payment.
However, Ripple still faces an injunction from Judge Analisa Torres, which restricts the company from selling XRP to institutional investors to prevent securities law violations. Deaton highlighted the challenge Ripple faces in overcoming this injunction if it intends to issue XRP directly to American banks. Reflecting on the broader implications of the case, Deaton described it as an attack on the cryptocurrency industry, likening it to a "boot on the neck" of the sector. He expressed confidence that the case was not an isolated incident but part of a broader message from traditional finance and regulatory figures like Elizabeth Warren and Gary Gensler.
Deaton also pointed out that Ripple's continued presence in the U.S. throughout the legal proceedings could work in its favor. He noted that Ripple's CEO, Brad Garlinghouse, could argue that despite being sued by the U.S. government and the Biden administration, Ripple remained an American company. This steadfastness, Deaton believes, could be advantageous for Ripple as it navigates the legal and regulatory landscape.
See original
That's what memecoins are for, you can hold serious projects with future vision and trade with coins that have a + %1000 to + %10,000.
They're just crumbs.
They're just crumbs.
the thing is hold you know you won't get rich overnight
See original
If anybody asks why #xrp doesn't grow as expected, look for the wallets of the people that are selling #xrp now, all these kids playing with memecoins come to a serious project to squeeze the money out of you so don't sell just HOLD.
DYOR.
Even if they continue like leeches sucking, they won't have even 1 XRP because they will have sold all of it by the time its price rises due to the real traders.
$XRP To the MOOOON.🤑💸🚀
Even if the value tries to increase, these people are messing everything up: ⬇️
#boycott 🤢🤮
DYOR.
Even if they continue like leeches sucking, they won't have even 1 XRP because they will have sold all of it by the time its price rises due to the real traders.
$XRP To the MOOOON.🤑💸🚀
Even if the value tries to increase, these people are messing everything up: ⬇️
#boycott 🤢🤮
See original
These are the kinds of people who only mess up the XRP market. They call themselves "investors," so many memecoins to make a fortune and they are here like leeches believing that making $150 is a real profit.
No WAY.
#privatemarketXRP
The fight is not over your coin is over the value of the coin so in the future you can enjoy bigger benefits, such a shame.
No WAY.
#privatemarketXRP
The fight is not over your coin is over the value of the coin so in the future you can enjoy bigger benefits, such a shame.
XPR has done a great fight in last 40 minutes to save my assets as I invested in PEPE @.000000750$ which fell fast not to touch again this peak. So I invested 4500$ in XPR @2.47 and XPR saved me even with a profit of 150$. Guys, it’s not important 150$ profit gain, but coming out of a sinking boat with some diamonds in hands is a massive win. Otherwise I love to earn more than 1000$ daily.
XPR at its peak. And I love it.#XPR $XRP
XPR at its peak. And I love it.#XPR $XRP
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