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its all jims fault...
LL
$SJIM
now jim cramer gets the blame....
seems to said 'aint nothing better than xrp''....which of course jixed it as cramer is always wrong. so it fell. cramer did it.
What a stupid country man..........XRP = 10-4 - Check !
Disgusting.......
Awaiting SEC "Approval"
An S&P Double-Top MUST BE averted !..............
Rampant speculation / gambling must now be HUGELY "supported".
They've just GOT TO let Bitcoin become a Spot ETF or else EVERYTHING will TANK !
What a STUPID frickin' nation !
October 2023...........................Just CAN'T let this "thing" double-top !
20 year chart
.
YUP!! how's that .48 short coming along? LMFAO!! OUCH!
Oh I did not know that....well then that makes sense....hope things don't keep going down then
matrix co. retracted their ''for sure'' on btc approval and immediately sells commenced with most cryptos. can we spell m a n i p u l a t i o n?
This drop today is just a correction from the pop yesterday...it's a bit misleading
todays race is in the opposite direction
Uh oh, the tic just started to tok!
Ripple (XRP) vs. Cardano (ADA): Which One Will Reach $1 First?
Author: W. E. Messamore Last Updated Dec 31, 2023 @ 10:39
This month Cardano (ADA) and Ripple (XRP) traded in the same narrow range above $0.62 as they race to $1. They’re also close neighbors when ranked by market cap. Who makes it to $1 first?
These two blue chip, large-cap, top-ten cryptocurrencies may not seem to have much in common. But they settled into a similar price range in December, according to market data from CoinGecko.
In the first two weeks in December, after XRP price found support around the $0.60 level in late November, ADA tokens rocketed up from key support at the $0.35 handle to settle in at that same $0.60 support level.
These two altcoins each recently scored a Binance listing with USDC as a trading pair (Solana and MATIC did too). Here’s how ADA and XRP compare on important price factors.
xrp_vs_ada_cb
XRP vs. ADA: Technical Indicators
XRP price has been charting a falling wedge pattern for the better part of the one-month, two-month, and six-month windows. That is often a bullish reversal signal. Meanwhile, December saw bullish open interest in XRP long positions, with traders paying record fees to keep their positions open.
The summary technical analysis recommendation for ADA on TradingView Friday was “Buy” on a scale from “Strong Sell” to “Strong Buy.” ADA price traded at a bullish premium of $0.62 above its 30-day exponential moving average of $0.556, 50-day EMA of $0.504, and 100-day EMA of $0.428 on Friday’s chart.
XRP vs. ADA: Product and Community
Ripple continued expanding its business in Q4. At its annual Swell conference in Dubai this November, Ripple Labs announced it is expanding to serve U.S. corporate clients that don’t have their own money transmitter license with its updated settlements platform, Ripple Payments. In addition, Ripple announced a partnership with an African fintech company to extend XRP remittance services in Africa.
Like Ripple, Cardano expanded globally in Q4, rolling out a massive ADA education program in Brazil and a national ID service in Ethiopia. Meanwhile, the Cardano community is excited about codifying and moving the ADA ecosystem’s governance model on-chain in 2024. Cardano founder Charles Hoskinson said the CIP-1694 upgrade will make ADA the most decentralized cryptocurrency.
Ripple vs. Cardano: SEC Regulation
Both XRP and ADA prices are exposed to regulatory risks from future SEC actions and court decisions. Ripple has been in a battle with the SEC for years but scored three significant victories in 2023.
Ripple Labs seemed confident enough in the outcome of the case as it opened a new global headquarters in San Francisco in December. Meanwhile, in a new lawsuit against Kraken exchange filed in November, the SEC named ADA unregistered security, potentially adding some bumps ahead for token prices.
That’s like saying Biden will win in 2024 lmao. History repeats and times change. No one wants to wait 3 days for a wire to go thru via swift. Lmfao!
Weeeeer!! Thanks for sharing
$XRP
Finally!!! #SWIFT comes clean about #XRP - It's about damn time! pic.twitter.com/1FvS4160qC
— C̸L̸O̸W̸N̸S̸N̸I̸P̸E̸R̸ (@ClownSnipersX) December 27, 2023
Anyone here have any past or new prob. with CB One!
OH YEA? xrp gona do a shib? wait n' see
SANTA CLAUSE IS COMING TO BABY! XRP Lets go!
White elephant Christmas gift lol
XRP about to move strong as a Christmas gift! 🎁
No next question
Gensler is preventing massive scams that will fail in 2024, he is trying to prevent retail from losing trillions.
gensler is doing what he is told to do at the sec. destroy, destroy, destroy. that is the order of the day, since the ole senile anciano arrived.
When this goes, and it will. It will be fun. Until then. Hell with this Corrupt Government
a few notable Multinationals with Irish head offices (tax haven)
Intel Ireland Technology Semiconductors
Guinness Consumer goods Brewers
First Trust Bank Financials Banks
Eaton Corporation Conglomerate -
Central Bank of Ireland Financials Banks
Bank of Ireland Financials Banks
Allied Irish Banks (AIB) Financials Banks
Aer Lingus Consumer services Airlines
Johnson Controls Industrials Electrical components & equipment
KBC Bank Ireland Financials Banks
Virgin Media Television Consumer services Broadcasting & Entertainment
Vodafone Ireland Telecommunications Mobile telecommunications
and many more.....
https://en.wikipedia.org/wiki/List_of_companies_of_Ireland
Looks like the flippening happened overnight. Ouch!
Knew it was going to happen, but it still hurts. Well, maybe we can set our sights on BNB. Come on, XRP!
Ripple’s Irish subsidiary, Ripple Markets Ireland Limited, was granted approval by the Central Bank of Ireland on Dec. 19 to operate as a Virtual Asset Service Provider.
The registration allows Ripple to provide certain digital asset services within Ireland, paving the way for the firm to provide such services to clients across the European Economic Area once the Markets in Crypto Assets Regulation comes into force at the end of 2024, according to a statement.
Ama call the bank.
More money! more money! more money!
Hmmm...Can't help to wonder another hand in marriage for security?
Who ya gonna trust! Or better yet. Who ya gonna call!
XRP and Mastercard partnership...hell yeah!!
I have emailed Stretto three times with inquiries. No response yet. I don't think there has been anything on the court docket in 7 months, but the Donlin Recano website still lists it as an active case. The liquidation trust tried to do a clawback on me last year, even offered 70% reduction, but I replied that during the 90-day window I sent more than I received. Have not heard a peep from them since. That was back in Oct/Nov 2022. I see that they filed a claim against Celsius in January, so maybe that will drag things out more. I hate to say it, but it feels like all the money has already gone to lawyers, accountants, and to creditors "more important" than us retail schmucks.
Seems like the only chance we have of getting any pennies back on the dollar is if they have held onto some of the crypto and are waiting for Bitcoin to get back to 60k.
As for XRP, I see that we are only about 1.3 billion ahead of Solana in market cap. As soon as I saw the gap closing, I figured our getting flipped is an inevitability, so I re-bought into that one with some profits from the Osprey SOL trust. As it turns out, I should have just held onto those shares, but I had no clue about the NAV versus the price. I only know that the Grayscale one is way overvalued. Anyway... XRP could use a good buy-on-the rumor to liven things up, like if we were getting an ETF before Sol, that might do the trick.
As for Uphold, they did everything they could to give me a chance to make a quick killing, and I ignored the offer. That is to say, they actually listed BONK before Coinbase did.
: - }
Any developments on cred bankruptcy? Was Uphold able to recoup any xrp for its members?
Guess we have to wait to be flipped by Solana… then maybe XRP can be the little engine that could.
Just two billion ahead in market cap now. Only a matter of time. That’s thanks to what…? Airdrops and ETF anticipation. It’s called having something to look forward to. We need something to look forward to. Coinbase can only go public once, and they already did that. : - /
FASB has officially adopted Fair Value Accounting for #Bitcoin for fiscal years beginning after Dec 15, 2024. This upgrade to accounting standards will facilitate the adoption of $BTC as a treasury reserve asset by corporations worldwide. fasb.org/page/getarticl…
4 more months seems like a long way away but not when we consider it's been 3 years since the charges
Important Ripple (XRP) Update Four Months Before the SEC Trial
Author: Dimitar Dzhondzhorov Last Updated Dec 13, 2023 @ 09:16
Ripple moved its global headquarters to a new address in San Francisco.
Ripple’s New San Francisco HQ: Ripple opens new global headquarters in San Francisco, showcasing commitment to stay in the US amid its SEC legal battle.
Legal Dispute with SEC: Ripple’s ongoing legal dispute with the SEC involves allegations of selling over $1.3 billion in unregistered XRP securities, with significant developments favoring Ripple in 2023.
Impactful Upcoming Trial: A decisive trial in April will determine the outcome of Ripple’s conflict with the SEC, potentially influencing the broader cryptocurrency sector.
Ripple’s New Home
Ripple has been frequently making the headlines throughout the ongoing year thanks to the numerous developments surrounding the blockchain enterprise and its winning court streak against the United States Securities and Exchange Commission (SEC).
Most recently, the company announced the opening of new global headquarters in San Francisco, hinting that it has no intention to leave American soil. The building with the modern office was built in 1927 and recently underwent a remarkable makeover. Back in 2019, it was acquired by two real estate giants – Invesco Real Estate and TMG Partners – for $125 million.
David Schwartz – Ripple’s Chief Technology Officer – shed more detail on the matter, unveiling photos of the new workspace on X (Twitter). Numerous users congratulated the firm for its move, wishing it success in the future.
It remains unclear whether Ripple would continue running some operations at its former office at 315 Montgomery Street, San Francisco.
The Approaching Ripple/SEC Trial
It is worth mentioning that Ripple’s decision to move to new global headquarters comes approximately four months before its grand trial with the US SEC.
The legal battle between the entities started in December 2020 when the regulator sued the blockchain company for allegedly selling more than $1.3 billion worth of XRP as unregistered securities.
The clash was heating in the following years, with a peak occurring in mid-July 2023 when US Federal Judge Analisa Torres ruled that Ripple’s XRP sales from years ago did not constitute an offer of investment contracts.
The magistrates later dismissed the SEC’s wish to appeal the decision and cleared CEO – Brad Garlinghouse – and Executive Chairman – Chris Larsen – of all charges brought by the watchdog.
The trial in April next year is supposed to determine the outcome of the lengthy conflict. A decisive Ripple victory could positively resonate across the entire cryptocurrency sector, whereas an opposite ruling could have a negative impact.
A US Congressional Bill HR 8950 is set for vote January 2024 that will cement cryptocurrencies as commodities and not securities.
$XRP starts fall after bitcoin blackswan on radar
So what is the latest with XRP and their fight with the SEC....where do things sit at the moment?
❓️Last I saw it looked like things were going Ripple's way
WOO HOOOOOOOOOOO XRP💫🚀 $5 TARGET price
XRP💫⚖️🏋️🫲😮💨👍🦨🌳 great news
XRPUSD and Shiba Inu Coin More News on Jamie "Demon" Dimon. Cheers!
Hundreds of billions of dollars worth of fines have been paid by the four biggest banks in the US as JPMorgan’s chief executive sounds off against digital assets, saying they are for criminals.
According to corporate misconduct data aggregator Violation Tracker, the big four banks of the US – Bank of America, Wells Fargo, Citigroup, and JPMorgan – have paid a staggering $181 billion worth of fines since the year 2000.
The data unveils that Bank of America has paid total of 324 fines worth $87.2 billion since the start of the millennium while Wells Fargo has been fined 261 times for a total of $27.5 billion.
Violation Tracker also reveals that Citigroup was found to be in violation 181 times, paying $26.9 billion worth of fines while JPMorgan has been hit with a total of 272 fines worth $39.3 billion.
The Violation Tracker covers a range of civil and criminal banking offenses including foreign bribery, money laundering, corporate tax evasion, securities violations, accounting fraud, price-fixing, employment discrimination and more.
The new numbers come as JPMorgan CEO Jamie Dimon tells Congress during a recent meeting that crypto assets are tools for bad actors that he would shut down if he could.
As stated by Dimon, per CNBC,
“I’ve always been deeply opposed to crypto. Bitcoin, etc. You pointed out the only true use case for it is criminals – drug traffickers, money laundering, tax avoidance, and that is a use case because it is somewhat anonymous, not fully, and because you can move money instantaneously.
And because it doesn’t go all these systems [that] have built up over many years – know your customer (KYC), sanctions, OFAC (Office of Foreign Asset Control) – they can bypass all of that. If I was the government, I’d close it down.”
Dimon did not provide evidence for his claims that crypto assets are widely used for criminal activity.
Last year, the crypto research firm Chainalysis determined that while 5% of the global gross domestic product is laundered every year in fiat currency, just 0.05% of all crypto transactions involve money laundering.
End Of Line.
XRPUSD and Shiba Inu Coin More Great Support from Congress! Cheers!
Don't let the SEC, Jamie "Demon" Dimon, Elizabeth "Pocahontas" Warren steal your wealth, enslave you and force you to accept the Biblical Mark Of The Beast with their evil, vile and wicked USA CBDC!
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” said Congressman Tom Emmer as he questioned SEC Chair Gary Gensler’s personal agenda.
‘SEC Has a Deliberate Policy Preference to Provide Less Clarity to the Marketplace’
House Majority Whip Tom Emmer (R-MN) slammed the U.S. Securities and Exchange Commission (SEC)’s approach to the regulation of the crypto industry on Tuesday at a hearing of the House Subcommittee on Digital Assets, Financial Technology and Inclusion titled “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services.”
The lawmaker posted on social media platform X after the hearing:
If it wasn’t obvious before, it’s certainly obvious now: The SEC has a deliberate policy preference to provide LESS clarity to the marketplace instead of more clarity. Complete disservice to our great capital markets.
Among the witnesses who testified in the congressional hearing was Valerie A. Szczepanik, director of the SEC’s Strategic Hub for Innovation and Financial Technology (Finhub).
Referencing a speech titled “Digital Asset Transactions: When Howey Met Gary” given by William Hinman in June 2018 when he was the director of the Division of Corporation Finance at the SEC, Emmer explained that in this speech, Hinman discussed “how tokens can morph from securities to non-securities and he stated that ether is not a security.”
Citing Szczepanik’s review of Hinman’s draft speech, the congressman quoted her as saying at the time that providing “less detail in a speech is better because the concept of a token morphing from a security to a non-security was a new concept and would generate a lot of discussions.” Emmer emphasized:
You thought the SEC should give less clarity to the market rather than more … When the industry complains about a lack of clarity, I see this as a deliberate policy reference. Does the current SEC chair share that view?
Szczepanik declined to comment on the current chair’s view.
Congressman Emmer proceeded to ask Szczepanik whether Finhub has “issued any guidance since Chair Gensler took office to clarify how security laws apply to crypto.” After the Finhub director failed to provide an answer, Emmer said: “I take the answer is no, because it is no. It seems to be rulemaking through enforcement actions.”
Concerning Hinman’s speech stating that ether is not security, Emmer asked Szczepanik: “Is that your view today?” However, she declined to answer, stating that she couldn’t comment on a particular asset. The congressman concluded:
The SEC is not adhering to the law. That’s why it keeps losing in court. Does the chairman of the SEC tell you to adopt positions to further a specific goal, his own personal goal rather than allegiance to the law?
End Of Line.
JUST IN: The Depository Trust & Clearing Corporation (DTCC) has just listed Fidelity's spot Bitcoin ETF is now with the ticker $FBTC.
"The bill will now go to the House for a vote. If passed, it must also pass in the Senate before returning for final congressional and presidential approval."
https://cointelegraph.com/news/blockchain-promoting-bill-passes-us-house-committee
The way the House works I hope they get on it soon
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A Digital Asset Built for Global Payments
International payments, especially in emerging markets, require businesses to hold pre-funded accounts in destination currencies. It’s a costly endeavor that ties up resources. RippleNet provides an alternative. While any financial institution on the network enjoys reliable, instant and lower-cost transactions, those who use the digital asset XRP to source liquidity can do so in seconds—freeing up capital and guaranteeing the most competitive rates available today.
How On-Demand Liquidity Works
RippleNet customers can use XRP to bridge two currencies in three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction.
Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space. RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital. This same technology is also leveraged in use cases for micropayments, e-commerce, exchanges and peer-to-peer services. XRP and the XRP Ledger are open-source technology that anyone can build on. To get started, learn more at XRPL.org.
GET TECHNICAL WITH XRP
https://xrpl.org/
BENEFITS OF USING XRP...
FAST - Payments moving across the XRP Ledger settle in 4 seconds.
SCALABLE - XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.
DISTRIBUTE - Open-source technology, built on the principles of blockchain with a growing set of validators.STABLE - XRP’s seven-year track record of stable technology and governance makes it ready for institutional and enterprise use.3-5 Days
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