XRP News: 400 Million XRP On The Move; Becomes Most Traded Token Among BSC Whales

XRP News: Ripple's native crypto, XRP has managed to maintain the upward momentum over the past weeks. XRP has been riding on the positive sentiments building in the crypto market.

Timeline of Bowscoin, Xrp

With both parties in the Ripple and Securities Exchange Commission (SEC) case making final submissions, the crypto community is awaiting the final ruling on the matter. Based on the deliberations during the hearing, the matter has opened room for speculation regarding the possible outcome of the case.

The two-year-long awaited Flare token (FLR) airdrop distribution finally came through for Ripple XRP holders. The distribution started on January 10 at a ratio of 1.0073 FLR for each XRP token.

John Deaton, a well-known cryptocurrency lawyer, has turned to Twitter to provide his forecasts for the year 2023. Deaton's Predictions for Ripple-SEC Case Among Deaton's predictions, the first one is that a settlement to the Ripple case will not be reached until after we hear from Judge Torres.

XRP Lawsuit News: The Ripple Defendants and U.S. Securities and Exchange Commission (SEC) recently filed their Partial Opposition to each other's Motion to restrain several documents. With this move, both parties are now over with cross motions for Summary Judgment.

As the Ripple v. SEC case continues to go forward, speculations are circulating around the community about the possibility of the government seizing and purchasing the Ripple-issued XRP tokens that are already on the market and utilizing them for its own purposes, preventing the technology from being used anyplace else.

Blockchain payments company Ripple has released a blog post detailing its predictions for the cryptocurrency industry in 2023. From Central Bank Digital Currencies (CBDCs) to Non-Fungible Tokens (NFTs), the majority of Ripple's aspirations for the cryptocurrency sector this year entail its use for real-world utility.

XRP Lawsuit: U.S. Securities and Exchange Commission (SEC) has been under the scrutiny of several crypto leaders over its alleged regulatory overreach. The recent developments in the long running XRP lawsuit have brought some hope to the crypto community regarding regulations.

No official date has been set for a verdict in the high-profile dispute between blockchain company Ripple and the Securities and Exchange Commission (SEC), but it is widely expected that the litigation will conclude this year. Although Ripple has supporters, it is important to consider the possibility of the SEC's victory.

On Tuesday (10 January 2023), Fox Business Senior Correspondent Charlie Gasparino warned that if the U.S. Securities and Exchange Commission (“SEC”) wins its ongoing lawsuit against Ripple, the crypto community would see a bloodbath. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc.

A few days ago, Ripple Labs' Managing Director for Europe, Sendi Young, shared her predictions for 2023, as Bitcoinist reported. Now, in a new blog post, other Ripple executives have also shared what they expect for the future and made their projections.