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Is Ripple (XRP) a Millionaire Maker?

The Motley Fool

Its purpose is to move money across international borders with low fees, fast transactions, and unbreakable security. trillion around the world since the system was created in 2012. They also tend to come with unfavorable exchange rates, keeping more money in the payment processors' pockets. XRP tokens have carried more than $2.8

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It May Be a Wild Ride, but This Cryptocurrency Could Generate Serious Wealth

The Motley Fool

Back in 2012, a start-up called Opencoin (now known as Ripple Labs) launched its blockchain-based Ripple payment network. It's mainly used to route real-time payments, remittance transfers, and currency exchange transactions. However, the SEC lawsuit finally ended this August with a smaller-than-expected settlement of $125 million.

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Should You Buy XRP While It's Under $0.60?

The Motley Fool

It was developed and launched in 2012 by a team of developers hoping to solve the inherent problems in Bitcoin as the developers saw it. The fact that Ripple is in a four-year fight with the Securities and Exchange Commission (SEC) makes this relationship even more concerning.

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Should You Buy Ripple (XRP) While It's Still Down?

The Motley Fool

In 2012, a start-up called Opencoin launched the Ripple payment-protocol network for handling real-time gross payment settlements, currency exchanges, and remittance payments for financial institutions. In December 2020, the Securities and Exchange Commission (SEC) sued Ripple Labs and two of its executives for raising $1.3

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Should You Buy Ripple (XRP) Right Now While It's Below $1?

The Motley Fool

Valuable use case Ripple Labs, formerly known as OpenCoin, launched XRP as far back as 2012, so this is one of the earliest cryptocurrencies to hit the market. A major red flag is Ripple's ongoing battle with the Securities and Exchange Commission (SEC). Is it time to buy XRP while it's still below $1?

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Will the Bitcoin Halving Create Overnight Millionaires?

The Motley Fool

Now that the initial euphoria around the new spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) has started to fade, it's time to move on to the next major catalyst for Bitcoin : the halving event in April. So it didn't come as much of a surprise when the SEC finally approved the spot Bitcoin ETFs on Jan.

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Why Altcoins Had a Rough Week

The Motley Fool

In token-specific news today, the Securities and Exchange Commission (SEC) is appealing a court decision that said XRP was not a security when Ripple , the creator of the token and network, sold XRP in 2012. The SEC had sued Ripple and the company's former founders for selling unregistered securities.