Top XRP enthusiast highlights five points from the recent ruling in the Ripple case that could be bad for Ethereum investors if the SEC goes after ETH ICO. As the crypto community continues to comment on Ethereum’s ICO, top XRP community member Ashley Prosper has highlighted five points that could be detrimental to Ethereum investors…
The Shiba Inu lead developer, Shytoshi Kusama, applauds Welly Friends as their fast food store innovation gradually comes to light. Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, has taken to the X platform to express his admiration for the development efforts of a Shiba Inu-themed fast food store. In particular, Kusama admired…
Judge Analisa Torres slams the SEC over its shifting and inconsistent arguments as to its legal theories about Ripple’s other distributions of XRP. Crypto-Law, a US regulatory and legal platform for digital holders, has shed light on how Judge Analisa Torres criticized the SEC in her latest decision in the Ripple case. Judge Torres…
The broader crypto community has reignited the debate about XRP being inflationary or deflationary amid a recent post about the sheer number of XRP burned by the XRP Ledger (XRPL). In a recent tweet, the renowned crypto author Panos Mekras proclaimed, “XRP is deflationary.” He made the remark following an XRPL ambassador’s post indicating that the…
Renowned analyst EGRAG has made a bold prediction regarding XRP, suggesting that the asset could rally to $3 or $4.5 following the breakout and retest of a multi-month trendline. Taking to X, EGRAG shared points from a technical analysis of XRP’s Weekly Volume Profile Visible Range (VPVR) chart, shedding light on the asset’s potential future trajectory. According…
As the legal tussle between the SEC and Ripple continues to linger, here are the upcoming events of the case. It is almost three years since the SEC charged Ripple Labs with violating securities laws via the sales of XRP, an asset it alleged to be an unregistered security. In July 2023, the court issued…
XRP could see its value skyrocket to a range of $869 to $1,000, according to notable crypto analyst NeverWishing, who cited the imminent start of a new 39-month cycle. The analyst’s recent post considered XRP’s historical price movements within a 39-month cycle window. Notably, XRP has registered astronomical gains every 39 months since its inception, with each…
The recent court ruling in the SEC v. Ripple lawsuit provides another clarity for XRP. It is no longer news that a New York federal court recently denied the SEC’s motion to certify an interlocutory appeal in the Ripple lawsuit. Interestingly, the decision did not just deny the SEC’s bid to file an immediate appeal…
Shiba Inu’s community admin, Ragnar Shib, has regained control of his Telegram account following a recent hack where his handle was used to promote scam giveaway offers. Recall that The Crypto Basic reported two days ago that the Shiba Inu community members had become targets for a grand crypto scam following the Telegram admin account…
Binance, the leading crypto exchange platform, recently released its eleventh proof-of-reserve (POR) report detailing its holdings of users’ cryptocurrencies. The exchange holds 385 digital assets, including XRP, Bitcoin (BTC), Ethereum (ETH), Shiba Inu, and other notable cryptocurrencies. Binance XRP Holdings As per the official report, Binance claims to safeguard its customers’ XRP tokens at a…