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Standard Chartered Expands Into EU Crypto Custody Services
In a major development that underscores the growing mainstream adoption of digital assets, Standard Chartered has announced plans to offer Bitcoin and cryptocurrency custody services within the European Union. This move is part of the bank’s broader strategy to capitalize on increasing institutional demand for secure and compliant digital asset storage solutions. The news has…
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Ripple Shocks Market with 300 million XRP Transfer. What’s Happening Behind the Scene?
In recent developments, Ripple, the blockchain-based digital payment network, has executed significant XRP transfers that have captured the attention of the cryptocurrency community. Ripple transferred 300 million XRP, valued at an estimated $682.6 million, to an unidentified wallet. The report, shared via a post on X by Amelie, has sparked intense speculation about Ripple’s intentions…
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Bank of America Adopts XRP for All Internal Transactions
In a recent segment on FOX Business shared on X, David Stryzewski, CEO of Sound Planning Group, made a bold claim that Bank of America (BoA) is conducting 100% of its internal transactions using XRP, the digital asset associated with Ripple Labs. He further stated that the bank has filed 83 patents leveraging Ripple’s blockchain…
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Ripple Hunts for U.S. Policy Manager After Dinner with Trump
Ripple, the blockchain powerhouse at the forefront of financial innovation, has once again positioned itself as a key player in the evolving cryptocurrency landscape. In a stunning turn of events shared on X by Britto, Ripple’s CEO, Brad Garlinghouse, and Chief Legal Officer, Stuart Alderoty, reportedly had dinner with President-elect Donald Trump just as the…
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XRP Rises to Second Position, Overtakes Ethereum in South Korea
In a significant shift within South Korea’s cryptocurrency landscape, XRP has surpassed Ethereum to become the second most favored digital asset among investors, trailing only Bitcoin. According to TheXRPguy, this development underscores the dynamic nature of cryptocurrency preferences in the region. Survey Insights According to News1, survey conducted by The POL, a blockchain-based platform, between…
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A Battle of Deadlines and Strategies: Ripple vs. SEC Heats Up
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to capture the attention of the crypto and legal communities. As the January 15, 2025, deadline for the SEC to file its opening appellate brief approaches, legal experts and crypto enthusiasts alike are speculating on its implications. Renowned attorneys…
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Exchange Shares Strategic Proposal to Pay Off U.S. National Debt Through XRP Integration: Details
The United States currently faces a daunting $38 trillion national debt, a burden that weighs heavily on its economic future. However, with challenges come opportunities, and the advent of blockchain technology has created a unique opening for innovative fiscal solutions. By pioneering the use of XRP, a highly efficient digital asset, as a tool for…
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13 Days to a Turning Point: What Gensler’s Resignation Means for Ripple and Crypto
The cryptocurrency community is abuzz with anticipation as the countdown begins for SEC Chairman Gary Gensler’s resignation, scheduled for January 20, 2025. This impending departure is seen as a potential turning point in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the cryptocurrency XRP. Gary Gensler’s…
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Leading Crypto Firms Recognize XRP as a Store of Value
Two prominent digital asset firms have recently elevated XRP, the native cryptocurrency of the XRP Ledger (XRPL), to a distinguished category of digital assets recognized as a store of value. This recognition positions XRP alongside a select few high-profile cryptocurrencies, underlining its significance and potential within the rapidly evolving financial ecosystem. An asset classified as…
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From $0.003 to $3.31: What’s Stopping XRP from Hitting $2,000?
In a thought-provoking Monday post, Random Crypto Pal posed an intriguing question: “$XRP went from $0.003 to $3.31 in 2017. What is now stopping it from going from $2 to $2,000?” This statement taps into the hopes and speculation of the XRP community, which remains optimistic about the token’s potential. While the idea of XRP…