Renowned crypto author Panos Mekras highlights the appeal of XRP in cross-border settlements. Mekras took to X to react to a recent article published by Ripple’s partner Tranglo, which addressed five misconceptions about remittances and cross-border settlements. Tranglo Addresses Misconceptions About Remittance In the article, Tranglo addressed the misconception that places banks as the cheapest…
Ripple’s silent IPO preparations have become evident from its recent M&A moves, hiring trends, and finance roles targeting international tax directors. In a recent video, prominent XRP influencer Lewis Jackson discussed compelling evidence pointing towards Ripple’s intentions to go public. Jackson argued that Ripple may have been hinting at its IPO preparation plans on its…
In a recent statement, prominent pro-XRP attorney John Deaton emphasized that the Ripple pre-IPO valuation is a considerable bargain compared to the potential $100 billion windfall if XRP’s value reaches $2. Deaton said this while responding to a recent report from Ripple detailing an XRP milestone in Dubai. As The Crypto Basic recently reported, Dubai’s…
The National Bank of Georgia affirms Ripple’s expertise in CBDC development by selecting the company as its technology partner for the digital Lari pilot. The National Bank of Georgia (NBG) has selected San Francisco-based company Ripple Labs as its technology partner for the digital Lari (GEL) pilot project. Today, we announce a partnership with the…
A report shows that disgraced FTX founder Sam Bankman-Fried (SBF) once misplaced 20 million XRP ($4 million) for several weeks while trading out of the Alameda Research account. It’s been nearly one year since FTX’s infamous collapse, from being one of the world’s largest crypto ecosystems to a bankrupt entity struggling to repay creditors. A…
JD, a notable market analyst, recently identified two conditions necessary for XRP to rally to a $10 range in a breakout of a trendline that has dominated the asset for over five years. According to data from a monthly chart, both conditions pertain to the movements of the Relative Strength Index (RSI) and the Stochastic…
Ripple CEO Brad Garlinghouse has called attention to new changes in the XRP market reports, highlighting the threefold increase in XRPL’s DEX trading volume. In an X post yesterday, Garlinghouse stated that the XRP quarterly report is slightly different from previous versions, following the coverage of XRPL-related activities. The prominent crypto stakeholder made the comment…
Payment processing company PayPal has received a subpoena from the U.S. Securities and Exchange Commission (SEC) in relation to its newly launched PYUSD stablecoin. The United States Securities and Exchange Commission (SEC) has issued a subpoena to popular payment company PayPal, executives confirmed on Wednesday. The subpoena is related to the company’s PYUSD stablecoin, which…
The crypto market has been a whirlwind of activity recently, with Bitcoin (BTC) leading the charge with a significant 27% gain this month. This bullish momentum isn’t just confined to Bitcoin. A plethora of alternative cryptocurrencies are also riding this wave, signaling a broader participation in the rally and hinting at a more sustainable bullish…
Cryptocurrency offers innovative solutions and opportunities for those willing to venture into the digital frontier. In this guide, we’ll explore how to establish a business with cryptocurrency. You will learn the fundamentals of starting a cryptocurrency business. Foundations of Cryptocurrency Business To begin, it’s essential to understand the core concepts of cryptocurrency, crypto exchanges, and…