{"id":554065,"date":"2023-10-04T14:00:32","date_gmt":"2023-10-04T14:00:32","guid":{"rendered":"https:\/\/wncen.com\/?p=554065"},"modified":"2024-06-11T07:57:29","modified_gmt":"2024-06-11T07:57:29","slug":"ripple-wins-xrp-price-to-1","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-wins-xrp-price-to-1\/","title":{"rendered":"Ripple Scores 3 Major Wins That Could Drive XRP Price To $1"},"content":{"rendered":"

Certain events <\/span>have been touted<\/span><\/a> as being able to impact the <\/span>XRP price<\/a><\/span> significantly. Some of these events already seem to be happening, raising the hopes of the XRP community that the token could indeed hit $1 <\/span>before the year runs out<\/span><\/a>.\u00a0<\/span><\/p>\n

Ripple Expands To Singapore<\/h2>\n

In a <\/span>statement<\/span><\/a> released on October 3, Ripple announced that its subsidiary had secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This announcement comes four months after the company received its in-principle approval from the regulator.\u00a0<\/span><\/p>\n

Related Reading: XRP Price Disappoints: Crypto Analyst Reveals Why He Will No Longer Accumulate<\/a><\/div>\n

Following this announcement, Ripple is fully licensed to provide \u201cregulated digital payment token services in Singapore.\u201d <\/span>Ripple\u2019s CEO Brad Garlinghouse<\/span><\/a> also <\/span>confirmed<\/span><\/a> this development on his X (formerly Twitter) platform.\u00a0<\/span><\/p>\n

With Singapore already housing Ripple\u2019s Asia Pacific headquarters, this move undoubtedly provides the company with momentum to continue expanding to countries in the region (which the company considers one of its fastest growing regions) for the adoption of its \u201ccrypto-enabled payments solutions.\u201d<\/span><\/p>\n

Ripple is already enjoying <\/span>significant success in Asia<\/span><\/a>, with banks in countries like Japan, China, South Korea, Philippines, Indonesia, and Vietnam adopting the company\u2019s cross-border payment service. Specifically, Japan is believed to have contributed significantly to the trading volume in the XRP ecosystem, with the token <\/span>enjoying massive adoption among locals<\/span><\/a>.\u00a0<\/span><\/p>\n

Ripple Secures Another Victory Against The SEC<\/h2>\n

Meanwhile, the crypto firm has more <\/span>reason to celebrate<\/span><\/a> following another significant victory in its <\/span>ongoing legal battle<\/span><\/a> against the US <\/span>Securities and Exchange Commission<\/span><\/a> (SEC). In an <\/span>order<\/span><\/a> given on October 3, <\/span>Judge Analisa Torres<\/span><\/a> denied the SEC\u2019s motion for certifications of its <\/span>interlocutory appeal<\/span><\/a>.<\/span><\/p>\n

As to the reason for the denial, she noted that the SEC \u201cfailed to meet its burden to show that such an appeal would materially advance the ultimate termination of the litigation.\u201d Instead, she reasoned that granting the application could further prolong the action as the interlocutory appeal could open the door to other appeals from a dissatisfied party.\u00a0<\/span><\/p>\n

Related Reading: Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point<\/a><\/div>\n

Instead, she stated that the litigation will likely be \u201cexpeditiously advanced\u201d if they advance to trial and then appeals come after. That way, the appellate court can review the case based on a complete record rather than considering disjointed legal and factual issues. In line with this, she set April 23, 2024, as when the trial is set to commence.\u00a0<\/span><\/p>\n

XRP Price Looks Good As Ripple Enters Top 100 Fintech Of 2023<\/h3>\n

Ripple\u2019s President Monica Lang <\/span>recently reiterated<\/span><\/a> the company\u2019s intention to continue to expand globally in its bid to disrupt the global financial architecture. The company\u2019s efforts have not gone unnoticed as it recently <\/span>announced<\/span><\/a> that CB Insights \u2018Fintech 100\u2019 for 2023.<\/span><\/p>\n

Related Reading: Pro-XRP Lawyer Reveals The Impact Of SEC\u2019s Lawsuit Against Ripple<\/a><\/div>\n

This recognition is an <\/span>annual list compiled<\/span><\/a> by private equity company CB Insights and comprises the \u201c100 most promising private fintech companies in the world.\u201d<\/span><\/p>\n

The XRP price has reacted positively to these developments as it is currently trading at $0.5317, up about 4% in the last 24 hours, according to <\/span>data<\/span><\/a> from Coinmarketcap.<\/span><\/p>\n

\"Ripple<\/p>\n

XRP recovers following court ruling | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Outlook India, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Certain events have been touted as being able to impact the XRP price significantly. Some of these events already seem to be happening, raising the hopes of the XRP community that the token could indeed hit $1 before the year runs out.\u00a0 Ripple Expands To Singapore In a statement released on October 3, Ripple announced that its subsidiary had secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This announcement comes four months after the company received its in-principle approval from the regulator.\u00a0 Related Reading: XRP Price Disappoints: Crypto Analyst Reveals Why He Will No Longer Accumulate Following this announcement, Ripple is fully licensed to provide \u201cregulated digital payment token services in Singapore.\u201d Ripple\u2019s CEO Brad Garlinghouse also confirmed this development on his X (formerly Twitter) platform.\u00a0 With Singapore already housing Ripple\u2019s Asia Pacific headquarters, this move undoubtedly provides the company with momentum to continue expanding to countries in the region (which the company considers one of its fastest growing regions) for the adoption of its \u201ccrypto-enabled payments solutions.\u201d Ripple is already enjoying significant success in Asia, with banks in countries like Japan, China, South Korea, Philippines, Indonesia, and Vietnam adopting the company\u2019s cross-border payment service. Specifically, Japan is believed to have contributed significantly to the trading volume in the XRP ecosystem, with the token enjoying massive adoption among locals.\u00a0 Ripple Secures Another Victory Against The SEC Meanwhile, the crypto firm has more reason to celebrate following another significant victory in its ongoing legal battle against the US Securities and Exchange Commission (SEC). In an order given on October 3, Judge Analisa Torres denied the SEC\u2019s motion for certifications of its interlocutory appeal. As to the reason for the denial, she noted that the SEC \u201cfailed to meet its burden to show that such an appeal would materially advance the ultimate termination of the litigation.\u201d Instead, she reasoned that granting the application could further prolong the action as the interlocutory appeal could open the door to other appeals from a dissatisfied party.\u00a0 Related Reading: Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point Instead, she stated that the litigation will likely be \u201cexpeditiously advanced\u201d if they advance to trial and then appeals come after. That way, the appellate court can review the case based on a complete record rather than considering disjointed legal and factual issues. In line with this, she set April 23, 2024, as when the trial is set to commence.\u00a0 XRP Price Looks Good As Ripple Enters Top 100 Fintech Of 2023 Ripple\u2019s President Monica Lang recently reiterated the company\u2019s intention to continue to expand globally in its bid to disrupt the global financial architecture. The company\u2019s efforts have not gone unnoticed as it recently announced that CB Insights \u2018Fintech 100\u2019 for 2023. Related Reading: Pro-XRP Lawyer Reveals The Impact Of SEC\u2019s Lawsuit Against Ripple This recognition is an annual list compiled by private equity company CB Insights and comprises the \u201c100 most promising private fintech companies in the world.\u201d The XRP price has reacted positively to these developments as it is currently trading at $0.5317, up about 4% in the last 24 hours, according to data from Coinmarketcap. XRP recovers following court ruling | Source: XRPUSD on Tradingview.com Featured image from Outlook India, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":554069,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,88655,83363],"tags":[3680,17209,4531,83637,13172,16289,10972,78763],"class_list":["post-554065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-ripple-2","category-xrp","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nRipple Scores 3 Major Wins That Could Drive XRP Price To $1<\/title>\n<meta name=\"description\" content=\"Certain events have been touted as being able to impact the XRP price 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ripple Scores 3 Major Wins That Could Drive XRP Price To $1","url":"http:\/\/wncen.com\/news\/ripple-wins-xrp-price-to-1\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple-wins-xrp-price-to-1\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.png?fit=1920%2C1280"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","ripple news","xrp","xrp news","xrp price","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2023-10-04T14:00:32Z","datePublished":"2023-10-04T14:00:32Z","dateModified":"2024-06-11T07:57:29Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple Scores 3 Major Wins That Could Drive XRP Price To $1\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-wins-xrp-price-to-1\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-wins-xrp-price-to-1\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/XRP-price-prediction.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/XRP-price-prediction.png?fit=1920%2C1280\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-10-04T14:00:32Z\",\"datePublished\":\"2023-10-04T14:00:32Z\",\"dateModified\":\"2024-06-11T07:57:29Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.png?fit=1920%2C1280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/554065"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=554065"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/554065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/554069"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=554065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=554065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=554065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}