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XRP surged over 6% in the last 24 hours after Ripple CEO Brad Garlinghouse announced the company’s RLUSD stablecoin received regulatory approval from the New York State Department of Financial Services (NYDFS). “This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon,” Garlinghouse said in a Dec. 10 X post . XRP Outperforms Bitcoin And Ethereum With the recent gain, XRP managed to outperform crypto market leaders Bitcoin (BTC) and Ethereum (ETH) in the last 24 hours as well. Leading crypto BTC only experienced a minor uptick in price during the same period, while ETH saw its price drop over 2%. XRP reached a 24-hour high of $2.41 after dropping to an intraday-low of $1.91. It has since retraced slightly to trade at $2.30 as of 2:55 a.m. EST. The gain posted throughout the past trading day also added to the crypto’s positive monthly streak. As a result, the crypto is up more than 299% over the past 30 ...

The XRP price soared 27% in the last 24 hours to trade at $1.14  as of 9 a.m. EST on a 28% pump in trading volume to $18 billion. The spike in the XRP price comes after indications Ripple CEO Brad Garlinghouse may have met with president-elect Donald Trump’s transition team. Garlinghouse liked a Zach Rector post on X, seemingly indicating that there had been a meeting with Trump or his team. Confirmed ✅ #XRP pic.twitter.com/krpLrgrR2c — Zach Rector (@ZachRector7) November 12, 2024 XRP Price Soars XRP’s price has taken the crypto world by storm, surging to $1.1354 with a stunning 27% increase in just one day. This explosive rally emerged after weeks of quiet consolidation within the $0.45 – $0.57 range, where the price steadily gathered strength. Finally, XRP broke free, carving out a parabolic curve- a signature rapid and aggressive bullish trend pattern. Now, all eyes are on the next resistance at $1.20, a key milestone that, if surpassed, c...

XRP, Ripple’s cryptocurrency, will star in a new crypto documentary. The film will explore Ripple’s journey and its SEC lawsuit. It may impact the broader crypto market. Also Read: Bitcoin Climbs 5% as Powell’s Remarks Ignite Crypto Market We are excited to announce that we are targeting the release of XRP unleashed for this November! We’ve taken matters into our own hands and are pursuing self distribution. This means the documentary will be available on a few platforms like Apple TV and Amazon without their… — Fruition Productions (@Fruition_Films) August 25, 2024 Crypto Documentary Explores Ripple’s Journey and SEC Battle Fruition Production’s XRP Documentary XRP Unleashed New Docuseries Coming Soon Take a journey into the future of crypto. Learn from experts in the space on the turning tide of Ripple's XRP. @bgarlinghouse @JoelKatz @chrislarsensf @JohnEDeaton1 @StevenNerayoff @Coachjv_ @jvallee2000 @mollyelmore22 @ZachRector7… pic.twitter.com/7a5D5eRyqp...

Fintech firm Ripple has put its plans to become a public company on hold after exploring markets outside the U.S. The San Francisco-headquartered company Ripple has paused its plans for an initial public offering (IPO) after reports revealed that the firm started buying back hundreds of millions of dollars worth of shares from its shareholders. In an interview with CNBC, Ripple CEO Brad Garlinghouse confirmed the buyback, revealing that the company has repurchased $1 billion of its shares so far. While keeping the option for an IPO open, Garlinghouse emphasized that going public is not an immediate priority right now. “And we’ll evaluate again [going public], as we have new regulators sitting at the United States SEC.” Brad Garlinghouse You might also like: Whales respond to Ripple’s $285m buy-back plan: XRP price rally imminent? Addressing the share buybacks, Garlinghouse highlighted the importance of providing liquidity to long-term investors who s...

Per a statement by Garlinghouse, the U.S. is lagging compared to other countries in terms of crypto regulation. In addition, he claimed that the United States government is placing politics above policy. On the other hand, he applauded the progress which the United Arab Emirates (UAE) and the European Union (EU) have achieved in relation to their cryptocurrency regulatory framework. advertisement The Markets in Crypto Assets (MiCA) legislation for Europe is already going through due processes to facilitate its official launch. The MiCA bill seems to be the most sophisticated and comprehensive crypto market set of rules at this present time, according to CoinGape. As it stands, the law is yet to come into effect for crypto businesses and it is not yet certain when it eventually will. Ripple CEO Urges the U.S. to Define Crypto Regulation He attested to the fact that whenever he is approached by crypto entrepreneurs seeking advice, he tells them not to ...