The Ultimate Source for XRP News & Insights
Overview of XRP’s legal classification in SingaporeSingapore classifies XRP as a digital payment token, not a security, under its Payment Services Act—offering regulatory clarity that fosters innovation and legal certainty…
IRS guidelines for reporting XRPThe IRS treats XRP as property, requiring you to report every taxable event—like selling, trading, or spending it—on Form 8949 and Schedule D, including exact dates…
Understanding the Songbird networkSongbird is a canary network for Flare, designed to test and refine smart contract functionality—bridging innovation and security before deployment on XRP-compatible decentralized ecosystems.Core features of Songbird…
Understanding XRP and its role in the crypto marketXRP powers lightning-fast, low-cost global transactions, making it a favorite for financial institutions and traders seeking efficiency in the evolving world of…
Overview of the XRP Ledger’s DEXThe XRP Ledger’s DEX is a high-speed, low-cost decentralized exchange built directly into the blockchain, enabling users to trade assets peer-to-peer without intermediaries or centralized…
Challenges of traditional foreign exchange in global paymentsTraditional foreign exchange systems rely on multiple intermediaries, slow settlement times, and opaque fees—leading to high costs and inefficiencies for businesses and individuals…
Key arguments in the SEC vs. Ripple caseLegal experts highlight the SEC’s focus on XRP as an unregistered security, while Ripple counters with claims of regulatory ambiguity and the token’s…
Market volatility and price fluctuationsXRP’s price can swing wildly within hours—driven by speculation, news, and trading volume—making it a high-risk asset that demands constant monitoring and rapid decision-making.Regulatory uncertainty and…
Market reaction and trading volumeXRP’s sharp price drop triggered a surge in trading volume, with panic selling dominating exchanges as traders rushed to exit positions, amplifying volatility across the broader…
Market factors driving the declineA sharp drop in trading volume, intensified selling pressure, and broader crypto market volatility fueled XRP’s nosedive, erasing billions in value within hours and sparking investor…