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The coin’s value rose from $1.98 to a high of $2.46, amid news that Ripple’s highly-anticipated stablecoin, which has been in development since April, is preparing to debut.
In more token-specific news, Ripple, the company behind XRP, launched its highly anticipated stablecoin RLUSD this week, tracking the U.S. dollar. Earlier this week, Ripple said, "Each RLUSD token ...
The price of XRP (CRYPTO: XRP) had fallen 6.6%. Meanwhile, meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were down 5.4% and 5.2%, respectively. Mostly good news in crypto-land
The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
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The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
S'well was founded by Sarah Kauss in 2010. [8] She started the company after attending a panel, at her five-year Harvard Business School reunion, focused on the global clean water crisis. [9]
Many thought XRP would double in price to $1, but thus far, that hasn't happened. Instead, investors are sitting on the sidelines, waiting to see what happens next. Confused investor with laptop.
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