#XRP appears to have successfully held the bottom of a massive uptrend channel for more than a year. At the moment, I think it could retest the centerline (potentially 550-650% upside) over the next few years.
XRP is not a security.
This victory for @Ripple is a win for the entire industry and a step toward regulatory clarity in the U.S.
A huge thank you to @bgarlinghouse, @chrislarsensf, and @s_alderoty for their leadership and the #XRPCommunity for their continued support.
A huge win today – as a matter of law - XRP is not a security. Also a matter of law - sales on exchanges are not securities. Sales by executives are not securities. Other XRP distributions – to developers, to charities, to employees are not securities.
The most important part of this ruling:
“XRP, as a digital token, is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract.”
This is a now a matter of law (not up for trial.)
#XRPCommunity#SECGov v. #Ripple#XRP BREAKING: JUDGE TORRES OVERRULES THE SEC’S OBJECTIONS AND ORDERS THE SEC TO TURN OVER HINMAN DOCUMENTS.
https://t.co/FzcdgNX59Z
There is a lot buzz about the #XRP valuation model this weekend. Why?
Short version: Blackrock is investing in Coinbase & the head of Blackrock's Digital Asset div. has been Robert Mitchnick, one of 2 authors of an $XRP model from 2017, so lots of buzz.
Long version? -a lil🧵
Announcing Ripple Liquidity Hub – a new way for enterprises to easily and efficiently source and utilize tokenized assets from the broader crypto market. Read more: https://t.co/GAUM3nRHi0
#RippleSwell
#ODL had its best year yet – and we’re not even into November. Since Q3 of 2020, transactions over RippleNet have doubled, and ODL transactions account for 25% of total dollar volume across the network in Q3.
Read more from @CryptoCwby👇
https://t.co/85PAH3rOSV
🎤 We’re incredibly excited to launch our $250 million Creator Fund to enable creators to explore new use cases for #NFTs on the #XRPLedger and engage more deeply with the communities they care about. https://t.co/FJTsGET81C
Did you know that we're piloting technology for Central Banks to issue and manage CBDCs? In case you missed it, read how #CBDCs can provide Central Banks with a flexible, secure solution for exploring digital currencies. https://t.co/2wjcOf9XUS
The Ripple wallet that funds Tacostand is now officially EMPTY. A year ago this wallet held more than 4 billion XRP.
Tacostand balance: 709,911 million XRP
This chart represents the total #Altcoin marketcap.
And it's probably the most bullish chart there is.
They will write books about what is going to happen next.
We're excited to partner with GME Remittance to accelerate and scale payments from South Korea into Thailand, building on the RippleNet momentum in APAC where transactions are growing 130% year-over-year. https://t.co/aDeceLNIZY
The symmetrical triangle in #BTC has finally broken to the downside. Expect further downside continuation, with a potential for massive support around the 28,0000-29,000 level. A hold of the 50 week MA could produce a nice relief rally. A failure there could cause panic selling.