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CATEGORY: ripple ceo


May 29, 2023 11:55

Ripple CEO Reacts as NASDAQ Congratulates Ripple’s METACO Acquisition: Is IPO Cooking?

Ripple CEO’s recent action sparks speculations of an imminent IPO among crypto enthusiasts as NASDAQ acknowledges Ripple’s latest acquisition. Brad Garlinghouse, CEO of Ripple, recently acknowledged the possibility of an upcoming initial public offering (IPO) following the resolution of a regulatory case in the United States. Specifically, over the weekend, Garlinghouse was captured liking a […]

The post Ripple CEO Reacts as NASDAQ Congratulates Ripple’s METACO Acquisition: Is IPO Cooking? first appeared on The Crypto Basic.

Ripple CEO Says SEC Created a Mess Claiming Cop on Crypto Beat without Legal Jurisdiction

Author: Abdulkarim Abdulwahab
United States
Jul 25, 2023 08:20

Ripple CEO Says SEC Created a Mess Claiming Cop on Crypto Beat without Legal Jurisdiction

Ripple CEO criticizes SEC’s crackdown on the crypto scene, blames the agency for industry mess, and calls for legislative clarity to protect investors. Brad Garlinghouse, the Chief Executive Officer of Ripple CEO, recently criticized the US regulator on Twitter concerning protecting retail investors in the crypto space. He expressed that the mess the crypto industry […]

The post Ripple CEO Says SEC Created a Mess Claiming Cop on Crypto Beat without Legal Jurisdiction first appeared on The Crypto Basic.

Feb 27, 2023 06:35

Europe’s Crypto Regulations Are Leaving US In The Dust, Ripple Exec Says

The world of crypto regulation is evolving as different regions are taking different approaches globally. Recently, Ripple CEO Brad Garlinghouse expressed his cautious optimism concerning [...]

Jan 20, 2023 10:10

XRP Price Prediction – Is Top Crypto Gainer Primed For Run To $0.42?

XRP price remains defiantly bullish as the crypto community prepares for a massive rally likely to be triggered by a potential win against the United [...]

Jan 19, 2023 10:10

Ripple CEO Expects Ruling Soon

Ripple CEO Brad Garlinghouse has said that he is optimistic about the company getting a ruling about its legal dispute with the Securities and Exchange [...]

Dec 23, 2022 02:30

Ripple CEO Compares FTX’s Fraud To Wells Fargo’s Funds Mismanagement

During the feverish FTX turmoil news cycle, Ripple CEO Brad Garlinghouse weighs in with a new comparison, FTX’s fraud with Wells Fargo funds mismanagement. Brad tweeted that although SBF and FTX’s fraud has rightfully outraged the globe, it hardly registers on the news when Wells Fargo mismanages billions of dollars in consumer assets. Where the local community […]

Sep 24, 2022 08:25

How XRP Pulled Off A 33% Rally Over The Past 7 Days

Ripple (XRP) price has registered an impressive 33% advance above the key resistance zone as seen in the past week.         XRP notably spikes by 10% on September 22         Ripple confident to win legal feud against SEC The token also skyrocketed 10% as seen on September 22, as the crypto market plunged in a sea of red. Although a bit of improvement with Bitcoin raking up gains by 4.9% and Ethereum spiking by 7.3%, XRP was still leading that day. According to CoinMarketCap, XRP price is up by 4.47% or trading at $0.5051 as of this writing. Related Reading: Polkadot Suffers 10% Weekly Loss On Hawkish Fed – Time To Buy DOT? Update On Legal Feud With SEC Raises Investor Optimism XRP price demonstrates a surge of over 45% as seen since August. Reportedly, Ripple Labs has recently filed a motion for summary judgment on September 18 which involves allowing the court to wrap it up and make a final decision based on the facts presented in line with whether XRP is to be considered a security. The recent update on the legal proceedings has stirred some optimism and pumped up investor sentiment regarding the long-term haul of XRP. More so, the open interest of XRP has notably improved as it has increased to $575 million from just $310 million in the past week. Traders who are looking to get in should wait for the 200-day EMA set at $0.48 to see if it would swing to support in the coming days. As of press time, XRP’s total market capitalization is at $25.14 billion as it climbed by $3 billion the previous day. Related Reading: What Ethereum Can Bring On The Table For ETH Investors In Q4 Image: CoinMarketCap XRP Seen With Strong Bullish Strides On the daily chart, the XRP price is noted to have bounced back after it dropped and is now enjoying a bull run. The bulls are targeting to breach the key resistance spotted at $0.4306 and once this is done, XRP could shoot for $0.49 next. Amid the optimism shown by XRP, a breach targeted at the key support zone of $0.392 will reveal signs of buyer weakness. More so, this will also invalidate the bullish thesis and give the power back to the bears. If this happens, the XRP price could plunge and revisit the key support zone at $0.38. XRP is seen to move with strong strides despite the hurdles experienced by the broader crypto market. The bullish streak is associated with the robust developments happening in the legal battle between Ripple and SEC. Although both SEC and Ripple agreed to a summary judgment, Ripple seems to be more confident that they’ll win following several tweets by Stuart Alderoty, Ripple’s legal counsel, saying that SEC wasn’t able to satiate the Howey Test set by the Supreme Court. The Howey Test helps regulators assess and categorize an asset as a security. More so, Brad Garlinghouse, Ripple CEO, firmly believes that SEC may not be keen on abiding by the law but would want to remake it. XRP total market cap at $24.3 billion on the daily chart | Source: TradingView.com Featured image from Crypto Daily, Chart: TradingView.com

Aug 29, 2022 11:55

Ripple CEO Brad Garlinghouse Denies Claims That He Funded A Law Firm To Target Competitors

  Brad Garlinghouse says he has had no contact with Kyle Roche of Roche Freedman. Ripple CEO Brad Garlinghouse, in a tweet on Monday, has refuted allegations by crypto whistleblower Crypto Leaks that he funded a crypto law firm run by Kyle Roche to target competing crypto firms in lawsuits to divert the attention of […]

The post Ripple CEO Brad Garlinghouse Denies Claims That He Funded A Law Firm To Target Competitors first appeared on The Crypto Basic.

The post Ripple CEO Brad Garlinghouse Denies Claims That He Funded A Law Firm To Target Competitors appeared first on The Crypto Basic.

Apr 28, 2022 12:00

Brad Garlinghouse Discloses Ripple’s Next Line of Action If the Company Loses SEC Lawsuit

  Garlinghouse does not think much will change as Ripple is already operating as if it has lost the lawsuit.    Many cryptocurrency enthusiasts are optimistic that the Securities and Exchange Commission’s lawsuit against Ripple would end in favor of the blockchain company.  However, there is no guarantee to these claims, as it is possible […]

The post Brad Garlinghouse Discloses Ripple’s Next Line of Action If the Company Loses SEC Lawsuit appeared first on The Crypto Basic.

Apr 27, 2022 12:05

Ripple CEO: CFTC Appropriate Regulator to Oversee Crypto Market Not SEC, As US Only Country On Planet To Consider XRP Security

  Garlinghouse chose which regulatory agency is best for the cryptocurrency market amid the company’s ongoing lawsuit with the SEC.  Following the argument about which regulatory watchdog between the CFTC and the SEC should be the most appropriate to regulate cryptocurrencies, Brad Garlinghouse, the CEO and founder of Ripple has made his opinion known on […]

The post Ripple CEO: CFTC Appropriate Regulator to Oversee Crypto Market Not SEC, As US Only Country On Planet To Consider XRP Security appeared first on The Crypto Basic.

Apr 26, 2022 08:20

Attorney John Deaton Says SEC Investigated Ripple For 30 Months and Could Not Uncover Any Fraudulent Transactions

Ripple’s Transparency has continued to be one factor that has lured investors to adopt the cryptocurrency. The lawsuit filed against Ripple by the Securities and Exchange Commission (SEC) has been one of the biggest cases in the cryptocurrency industry. Enthusiasts Still Committed to Ripple Amid Lawsuit Ripple enthusiasts are still solidly standing behind the blockchain […]

The post Attorney John Deaton Says SEC Investigated Ripple For 30 Months and Could Not Uncover Any Fraudulent Transactions appeared first on The Crypto Basic.

Apr 23, 2022 12:01

Ripple CEO Brad Garlinghouse Says SEC Can Allow U.S. Fall While Protecting Its Jurisdiction At Expense Of U.S. citizens

  Garlinghouse believes the SEC does not care about anything but its interests alone. Brad Garlinghouse, the CEO and founder of payments company Ripple, has slammed the Securities and Exchange Commission for its inability to abide by its laid down rules.  The Ripple boss, who is also one of the executives charged in the company’s […]

The post Ripple CEO Brad Garlinghouse Says SEC Can Allow U.S. Fall While Protecting Its Jurisdiction At Expense Of U.S. citizens appeared first on The Crypto Basic.

Mar 17, 2022 12:01

Ripple CEO: SEC Has Reduced Crypto Industry Competitiveness, U.S. Only Country In World That Considers XRP Security

Ripple CEO: President Biden’s Cryptocurrency Executive Order Is a Win for the Broader Industry Ripple and SEC have reduced the Competitiveness Of the Crypto Industry, As The Only Country in the World That Considers XRP security is the U.S. In a recent interview with Bloomberg, Brad Garlinghouse, CEO and founder of Ripple, applauded President Joe […]

The post Ripple CEO: SEC Has Reduced Crypto Industry Competitiveness, U.S. Only Country In World That Considers XRP Security appeared first on The Crypto Basic.

Mar 12, 2022 12:01

Ripple CEO: “If You Weren’t Paying Attention To Ripple-SEC Lawsuit, You Should Be Now, Huge Win For Ripple”

Big accomplishment for XRP in Ripple-SECm Lawsuit. Ripple Vows to Seek Regulatory Clarity for the Cryptocurrency Industry Amid Favorable Development in the SEC Lawsuit. In what could be described as a major win for the XRP community, Judge Analisa Torres has denied the Securities and Exchange Commission’s request to restrain famous fintech company Ripple from […]

The post Ripple CEO: “If You Weren’t Paying Attention To Ripple-SEC Lawsuit, You Should Be Now, Huge Win For Ripple” appeared first on The Crypto Basic.

Mar 09, 2022 08:20

Ripple CEO Brad Garlinghouse Applauds President Biden’s Cryptocurrency Executive Order

Ripple CEO Brad Garlinghouse Praises President Biden’s Crypto Executive Order. The release of the long-awaited Biden administration executive order on cryptocurrencies has become a major topic of discussion in the industry.  Several industry players have given their views about the recently-published executive order on the nascent asset class, especially the impact the order will have […]

The post Ripple CEO Brad Garlinghouse Applauds President Biden’s Cryptocurrency Executive Order appeared first on The Crypto Basic.

Mar 04, 2022 11:55

SEC Lawsuit v. Ripple Reportedly Ends in Settlement, Ripple CEO Brad Garlinghouse Gives Hint

Rumors started to emerge that SEC Lawsuit v. Ripple Ends in Settlement. The hallmark case between the Securities and Exchange Commission (SEC) and popular blockchain company Ripple has reportedly been settled, sources familiar with the matter stated.  The lawsuit, which has lasted for more than a year, is rumored to have come to an end […]

The post SEC Lawsuit v. Ripple Reportedly Ends in Settlement, Ripple CEO Brad Garlinghouse Gives Hint appeared first on The Crypto Basic.

Mar 02, 2022 12:05

Ripple CEO Gives Reasons Why Russia Cannot Use Cryptocurrencies to Evade Global Sanctions

Ripple CEO, Brad Garlinghouse gives his thoughts on Russia using crypto to counter-sanctions. Following the recent stern measures meted on Russia’s banks by western nations, forbidding these financial institutions from accessing the Society for Worldwide Interbank Financial Telecommunication (SWIFT), many have suggested that the country could use crypto to evade sanctions.  The assertion was made […]

The post Ripple CEO Gives Reasons Why Russia Cannot Use Cryptocurrencies to Evade Global Sanctions appeared first on The Crypto Basic.

Jul 20, 2023 11:55

Ripple CEO Says Court Ruling in XRP Favor “Is An Unequivocal Win for Crypto” 

Ripple CEO has continued to celebrate the company’s resounding victory against the SEC, describing the court’s ruling as an unequivocal win for the US crypto industry. Brad Garlinghouse, CEO at Ripple, has continued celebrating the recent court ruling, which led to the declaration of XRP as a non-security. In a tweet today, Garlinghouse said he […]

The post Ripple CEO Says Court Ruling in XRP Favor “Is An Unequivocal Win for Crypto”  first appeared on The Crypto Basic.

Feb 06, 2025 03:35

Ripple CEO Squashes Criticisms Over Crypto Czar David Sacks Speech, Says It Is A Big Deal

Amid criticisms emerging from David Sacks first full media appearance as crypto czar, Ripple CEO Brad Garlinghouse has insisted the meeting is a big deal.Sacks took the stage yesterday in a star-studded house to discuss Americas plans to set the pace globally on the digital assets front. The crypto czar, who heads the US digital asset working group, revealed several strategies across aspects of the industry, including a Bitcoin stockpile and stablecoins.Meanwhile, the interview did not bode well with a faction of the crypto community, who hinged their grievance on Sacks focus on stablecoins, which they consider trivial. Some expressed dissatisfaction with the failure to announce a strategic Bitcoin reserve, a plan that has been ongoing for months.Ripple CEO Brad Garlinghouse has squashed criticisms of the vital cameo, branding the press conference a big deal.Missing the Forest Because of TreesGarlinghouse insisted that the skepticism trailing the press conference was unnecessary, as it failed to recognize the meetings cruciality. He likened the uproar to missing the forest for the tree. https://twitter.com/bgarlinghouse/status/1886984180657275133The Ripple CEO highlighted the magnanimity of having influential figures converge to discuss cryptocurrencies, such as in the press release. For perspective, the chairs of the Senate Banking, House Financial Services, Senate Ag, and the House Ag were present with the crypto czar to discuss crypto regulation.He termed the development a big deal for digital assets, noting that such high-caliber convergence to push the industry forward was the first of its kind.Committee Devoted to Crypto RegulationMeanwhile, Sacks expressed the committees devotion to drafting a working crypto framework in the United States. He noted that the several units that Donald Trump created for this task, including the Crypto Task Force, will ensure that technological innovations like digital assets thrive in the country.Furthermore, the czar highlighted the four years of arbitrary prosecution and persecution the crypto industry endured from the Securities and Exchange Commission (SEC) under Gary Gensler. He expressed the teams devotion to making things right, starting by preventing them from going offshore.Additionally, Sacks stressed stablecoins potential role in maintaining the US dollars dominance on the global stage. He noted that Americas strategic adoption of the currency could scale the dollar usage internationally.

Feb 02, 2025 03:35

Ripple CEO Calls Q4 2024 a Defining Chapter for XRP as Latest Markets Report Shows Remarkable Growth

The Ripple CEO has called Q4 2024 a pivotal moment in XRP history as the latest XRP markets report highlights impressive growth metrics.Notably, upon the release of Ripple's Q4 2024 XRP Markets report, the payment company's CEO Brad Garlinghouse highlighted the importance of the quarter, describing it as one of the most remarkable periods in XRP's history. "Q4 2024 was absolutely one for the XRP history books," Garlinghouse remarked, as the quarterly report revealed a dramatic turnaround, with XRP surging 280%. The report also noted the easing of regulatory pressure, growing institutional interest, and a changing U.S. regulatory atmosphere.https://twitter.com/bgarlinghouse/status/1885451326131187947XRP 280% Surge and Institutional DemandThe Ripple report pointed out that XRP experienced a 280% increase in value throughout Q4 2024, marking a major recovery from years of underperformance amid regulatory setbacks. Ripple stressed that before the U.S. Securities and Exchange Commission (SEC) targeted Ripple in 2020, XRP was a strong contender for the second spot among the largest crypto assets. However, following the charges, XRP's underperformance pushed it below the top 5 at some point.Now, with regulatory challenges easing, XRP has regained strength, supported by strong trading volumes and growing investor confidence. XRP closed the quarter as the third largest crypto asset and looks primed to start contesting for the second spot again.Notably, the report revealed that spot trading volumes for XRP skyrocketed after the U.S. presidential election. In early Q4, daily trading volumes were stable at $1 billion but declined to $500 million by mid-November. Following the election, activity surged to an average of $5 billion per day, with a record $25 billion on Dec. 2. Binance led with 36% of total spot volume, followed by Upbit (20%) and Coinbase (9%). U.S. exchanges like Coinbase and Kraken gained market share after the election.  XRP Spot Trading VolumeMoreover, institutional interest in XRP continued to rise, with major financial firms taking steps toward launching XRP-based investment products. WisdomTree filed an S-1 application for a spot XRP exchange-traded fund (ETF), joining Bitwise, Canary Capital, and 21Shares. New US Crypto Policies and SEC DevelopmentsIn addition, the report confirmed the important role the U.S. elections played in driving XRP's growth. For context, XRP's Q4 2024 uptrend began on Nov. 5 following the Donald Trump election victory. The new administration promised to fire anti-crypto SEC Chair Gary Gensler and create clear rules for the industry. Upon inauguration, President Trump signed an executive order promoting regulatory clarity and fair banking access for legal crypto businesses. It also established a working group to focus on digital asset markets.Further, leadership changes at the SEC brought fresh perspectives. For context, Chair Gensler resigned on Jan. 20 and the Trump administration appointed Mark Uyeda, known for criticizing the SEC's stance on crypto, as acting Chair. Growth in XRP Market and On-Chain MetricsMeanwhile, during Q4, XRP's realized volatility remained low in early November at 40% but surged past 200% after the U.S. election. By the end of the year, volatility settled at 160%. XRP's price peaked at $2.70 by late November, marking a more than 500% increase from earlier in the quarter.  XRP Price and VolatilityMoreover, XRP's average daily trading volume reached $3.4 billion on top-tier exchanges. The XRP-to-Bitcoin ratio climbed 130%, despite Bitcoin hitting an ATH of around $108,000. XRP trading against U.S. dollars and USD-backed stablecoins increased from 14% in Q3 to 25% in Q4, while most trades continued to involve USDT.  The XRP Ledger (XRPL) showed strong on-chain activity, despite a slight decline in total transactions to 167 million. Automated market maker (AMM) swaps saw explosive growth, rising from $31.23 million in Q3 to $774.15 million in Q4. This surge contributed to total DEX volume surpassing $1 billion.  New wallet creations jumped massively, reaching 709,000 in Q4 compared to 140,000 in Q3. The growing adoption of XRPL-based tokens and meme coin platforms fueled this trend. Rising XRP prices led to an increase in transaction fees, with total XRP burned climbing from 592,000 in Q3 to 724,000 in Q4.

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