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Category: XRPKRW

XRP Lawsuit: SEC repeats “privileged documents” argument like a broken record

After hitting face first in the DPP dispute, the SEC has continued to assert its “privileged documents” stance. The latest development in the XRP lawsuit saw the SEC submit a redacted version of the three additional documents requested by Ripple for in-camera review on the public docket. The commission also submitted an explanation for its

The post XRP Lawsuit: SEC repeats “privileged documents” argument like a broken record appeared first on Coingape.

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XRP Lawsuit: SEC aims to make XRP skip the bull run with an Expert Discovery Extension Appeal

The latest update in the XRP lawsuit saw the SEC file a letter requesting the Court to extend the expert rebuttal report deadline to November 12, 2021, and the expert discovery deadline to January 14, 2022, from the former date of November 12, 2021. The plaintiff noted that the extension will allocate both parties sufficient

The post XRP Lawsuit: SEC aims to make XRP skip the bull run with an Expert Discovery Extension Appeal appeared first on Coingape.

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Breaking: Ripple Joins Digital Pound Foundation, Here’s its Role in CBDC Development

Ripple, the digital remittance technology provider today announced its partnership with the non-profit Digital Pound Foundation. The foundation is working towards the development and implementation of a Digita Pound in the UK. Ripple would join as the founding member and would help in the development process with its vast experience in facilitating cross-border transactions. Ripple

The post Breaking: Ripple Joins Digital Pound Foundation, Here’s its Role in CBDC Development appeared first on Coingape.

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Crypto Ban: China to Investigate Government Executive’s Illegitimate Crypto Mining

The Central Bank of China earlier this month issued a new set of crypto crackdown guidelines which is being seen as the most comprehensive one to date. The draft law deemed all crypto-related transactions illegal, ordered authorities to crackdown and remove small and medium mining operations being carried on in homes and rural provinces, and

The post Crypto Ban: China to Investigate Government Executive’s Illegitimate Crypto Mining appeared first on Coingape.

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Coinbase NFT marketplace owns dominance with 1M sign ups in a day

Coinbase CEO, Brian Armstrong revealed on Twitter today that Coinbase’s exclusive NFT marketplace has had 1 million sign-ups since yesterday and the platform further continues counting. Earlier this week, Coinbase Global Inc. launched its Non-Fungible Token (NFT) marketplace for digital artists and creators. Over 1M people have signed up for Coinbase NFT since we launched

The post Coinbase NFT marketplace owns dominance with 1M sign ups in a day appeared first on Coingape.

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XRP Lawsuit: SEC contends Ripple’s “boil-the-ocean” argument

The latest development in the XRP lawsuit saw the SEC respond to Ripple’s opposition letter to the plaintiff’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. At this point, the case has turned into a tug of

The post XRP Lawsuit: SEC contends Ripple’s “boil-the-ocean” argument appeared first on Coingape.

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China Crypto Ban: Here’s Why Chinese Government is Now Tracking IP Addresses of Users

The Chinese government has no plans of stopping when it comes to the crypto crackdown. Despite the most recent crypto ban guidelines the Beijing authorities continue to issue new guidelines and find ways to prohibit crypto use. The latest in the series of actions include tracking the IP address of citizens to check whether they

The post China Crypto Ban: Here’s Why Chinese Government is Now Tracking IP Addresses of Users appeared first on Coingape.

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NFT News: TikTok’s first NFT series is here and live for auction

The viral short video application, TikTok’s NFT series “TikTok Top Moments”, has gone live with its first collectible today, auctioning at 6ETH, at the time of reporting. The Non-Fungible Token (NFT) incorporates a video of the Detroit rapper, Curtis Roach’s popular tune to “Bored in the House”, featuring him along with an animated layout of

The post NFT News: TikTok’s first NFT series is here and live for auction appeared first on Coingape.

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UK Gambling Commission (UKGC) issues notice against this NFT platform’s unregistered status

After cracking down on cryptocurrencies, UK regulators are now coming for Non-Fungible Tokens (NFTs). The UK Gambling Commission (UKGC) has issued a notice against the French NFT start-up, Sorare, stating that the platform is operating without a UK gambling license. While UKGC has not taken any legal action against Sorare, yet in its ‘consumer information

The post UK Gambling Commission (UKGC) issues notice against this NFT platform’s unregistered status appeared first on Coingape.

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JP Morgan CEO Says Bitcoin ($BTC) is “Worthless,” Here’s Why he is Wrong Again

JP Morgan’s CEO Jamie Dimon is not a big Bitcoin fan and he has made it known over the years and his skepticism continues despite $BTC reaching new highs. Dimon is among the very few skeptics who have maintained his disliking towards $BTC throughout, first, he called it a bubble and predicted it would burst. 

The post JP Morgan CEO Says Bitcoin ($BTC) is “Worthless,” Here’s Why he is Wrong Again appeared first on Coingape.

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XRP Price Analysis: Ripple Rejection From $1.2 Closes In On $1 As More Declines Beckon

XRP price forced below $1.1 and the 100 SMA following overhead pressure at $1.2. The MACD and the RSI emphasize the emergent selling pressure, risking Ripple’s freefall to $1. Ripple had gradually and with struggle rose to $1.2 during the weekend session. In September, the international money transfer token lost ground to $0.86. The lower

The post XRP Price Analysis: Ripple Rejection From $1.2 Closes In On $1 As More Declines Beckon appeared first on Coingape.

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Breaking: G7 Nations Set to Release Guidelines For CBDC Issuance

The G7 council consisting of seven industrialized nations is set to issue guiding principles for issuance of Central Bank Digital Currencies (CBDC). The G7 council comprises Britain, Canada, France, Germany, Italy, Japan, and the United States, however, none of the G7 members have yet issued a CBDC. The draft guidelines reportedly consist of 13 points

The post Breaking: G7 Nations Set to Release Guidelines For CBDC Issuance appeared first on Coingape.

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Shiba Inu Recovers From 31.07 Billion Token Dump, Can $SHIB Price Touch ATH?

Shiba Inu ($SHIB) is currently on the path to recovery after a major price correction last Thursday. The altcoin which surged nearly 350% last week saw its momentum broken by Thursday after it failed to get past $0.000035. $SHIB price retraced to sub $0.00020 levels after falling through the key support of $0.000022. The altcoin

The post Shiba Inu Recovers From 31.07 Billion Token Dump, Can $SHIB Price Touch ATH? appeared first on Coingape.

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XRP Lawsuit: SEC discards Settlement speculations with its disagreement of Ripple’s Seal appeal

The latest update in the XRP lawsuit saw the SEC disagree with Ripple’s exclusive redaction and seal appeal. This dispute refers to the SEC’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. With the plaintiff’s current position

The post XRP Lawsuit: SEC discards Settlement speculations with its disagreement of Ripple’s Seal appeal appeared first on Coingape.

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XRP Price Analysis: XRP Price Knocks on $1.3 resistance, Is A Parabolic Move Up on Cards?

In the face of an ongoing lawsuit, Ripple, the cross-border remittance cryptocurrency platform continues to see increased adoption and steady growth of the XRP price. Recent studies show that Ripple’s XRP owners, alongside owners of other altcoins such as Polkadot and Stellar, are the most anxious in the crypto industry. The study shows that crypto

The post XRP Price Analysis: XRP Price Knocks on $1.3 resistance, Is A Parabolic Move Up on Cards? appeared first on Coingape.

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XRP Lawsuit: Court orders in camera review regardless SEC “privileged documents” stance

The recent development in the XRP lawsuit witnessed the Court grant Ripple’s September 24 appeal, seeking the addition of three documents by the SEC for in-camera review, that the plaintiff had either redacted or withheld by logging them as “privileged”. These documents include the two documents related to the SEC’s meetings with law firms, along

The post XRP Lawsuit: Court orders in camera review regardless SEC “privileged documents” stance appeared first on Coingape.

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XRP Lawsuit: Ripple asserts, SEC “boil-the-ocean” demand is flatly incompatible with Federal Rules

The latest development in the XRP lawsuit saw Ripple file an opposition to the SEC’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. Ripple has argued that the SEC’s boil-the-ocean demand is flatly incompatible with the Federal

The post XRP Lawsuit: Ripple asserts, SEC “boil-the-ocean” demand is flatly incompatible with Federal Rules appeared first on Coingape.

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FTM Price Analysis: Fantom (FTM) Token Skyrockets into New Highs, Weekly Chart Hints Bearish Divergence

In the DeFi and Yield Farming ecosystem, Yearn Finance now adds support for the Fantom Network, owing to its low cost and speed. Yearn Finance, which started as an automated Yield aggregator that offers users the highest yields for their assets on the Ethereum ecosystem, now offers multichain support with the Fantom ecosystem as a

The post FTM Price Analysis: Fantom (FTM) Token Skyrockets into New Highs, Weekly Chart Hints Bearish Divergence appeared first on Coingape.

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Why Institutional Investors are Buying Bitcoin ($BTC) Over Gold?

Bitcoin’s ($BTC) price has seen a new bullish surge with the start of October. The top cryptocurrency has already recovered its losses from the past month and hit a new 5-month high above $56,000. Amid growing bullish price momentum institutions seem to be coming back to $BTC again and as per a recent JP Morgan

The post Why Institutional Investors are Buying Bitcoin ($BTC) Over Gold? appeared first on Coingape.

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NFT News: McDonald’s China launches its first ever NFT

Amid the expanding wave of the crypto ban, McDonald’s China has launched its first Non-Fungible Token (NFT), “Big Mac Rubik’s Cube”, today. This launch has come in lieu of commemorating McDonald’s 31st anniversary in the Chinese mainland market. Furthermore, according to the burger franchise’s announcement, their NFT launch also marks the official opening of its

The post NFT News: McDonald’s China launches its first ever NFT appeared first on Coingape.

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