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Attorney Hogan: Chances of Settlement in SEC v. Ripple Case Increased Ten-Fold After XRP Declared Non-Security

According to Attorney Hogan, the chances of a settlement in the SEC v. Ripple case have increased ten-fold after the court declared XRP a non-security. While some securities lawyers predict that the SEC will appeal the part of the court's ruling it lost, Hogan believes that Judge Torres' declaration of XRP as a non-security will trigger a settlement between the parties.

US Presidential Candidate Predicts XRP Will Dethrone Bitcoin as Top Cryptocurrency, Sparking Varied Sentiments

US Presidential candidate Patrick Riley has predicted that XRP will surpass Bitcoin as the top cryptocurrency, causing mixed reactions. Riley tweeted that with XRP trading at just $11, it would eventually overtake Bitcoin in market dominance.

Linqto to Sell Tokenized Private Equity for XRP in Pilot Program

Linqto is developing a pilot program to sell tokenized private equity for XRP, with plans to use XRP as the only payment method. The program will involve setting up a new Special Purpose Vehicle (SPV) that will be firewalled from the rest of Linqto's other SPVs and main database. The tokenized assets will be sold for XRP and transactions will clear and settle on PolySign's Atomic blockchain.

Unidentified Whale Withdraws Over 563K XRP from Binance, Bringing Total Withdrawals to 2 Million XRP and Unrealized Profit of $640K+

An unidentified whale has withdrawn over 563,000 XRP from Binance, bringing their total withdrawals to over 2 million XRP and an unrealized profit of over $640,000. This comes as XRP has seen a 73% increase in value since a judge ruled it is not a security.

IMF Recognizes XRP as Option to Enhance Cross-Border Payments

The International Monetary Fund (IMF) has recognized XRP as an option for enhancing cross-border payments in a document titled "Trust Bridges and Money Flows." The paper highlights the challenges faced with cross-border payments and possible solutions for addressing them, including the use of swap lines, tokenized money, and a transnational marketplace.

SBI Introduces Innovative XRP Trading Initiatives and Cashback Campaigns to Promote XRP in Japan

SBI, a prominent financial firm in Japan, has launched innovative initiatives and cashback campaigns to promote XRP to the Japanese community. These include a spot transaction campaign and a leverage trading campaign, where customers can win XRP gifts and cashback up to 1 million yen.

Injective Community Votes in Favor of XRP Integration, Propelling Expansion

The Injective community has voted in favor of IIP-238, a proposal that will integrate XRP into the Injective ecosystem. This collaboration between Injective and Ripple is a significant milestone in the DeFi sector and is set to unlock new opportunities for crypto enthusiasts.

Ripple's XRP Security Ruling Unlikely to Affect Bankrupt Crypto Lender Celsius' Wind-Up Plans, Says Counsel

The recent ruling that XRP is a security is unlikely to affect the wind-up of bankrupt crypto lender Celsius, according to the lender's counsel. The new company set to take over Celsius is not engaged in securities offerings or any of Celsius' historic business practices. The Fahrenheit consortium, which won a recent bid for Celsius' assets, will focus on less legally contentious issues like bitcoin mining and Ethereum staking.

HeightZero's VP of Business Development Reveals XRP as First Crypto Investment and Never Sold Since 2019

Sean Waters, the Vice President of Business Development at HeightZero, has revealed that his first foray into cryptocurrencies was with the purchase of XRP in 2019, and he has held onto it without selling since then. Waters' interest in XRP led him to Uphold, a US-based trading platform known for its favorable stance on the digital asset.

Cryptocurrency Markets Continue to Retreat, Bitcoin Slips 2% Alongside Altcoin Declines

Bitcoin and other cryptocurrencies experienced a decline in value following last week's gains, with Bitcoin falling by 2% in the past 24 hours to a low of $29,679. Ether, the second largest cryptocurrency, also saw a 2% decline to $1,880. Smaller cryptocurrencies, including Ripple's XRP, SOL, and XLM, experienced even steeper declines, with XRP falling by 5.4% and SOL and XLM shedding over 5%. LDO, the governance token of Lido Finance, was among the worst performers, plummeting by almost 12%.