Skip to content
Real Cryptocurrency Hub

Real Cryptocurrency Hub

Crypto Comeback Pro is an auto trading platform that allows you to invest in the crypto market and start making money right away. Sign Up HERE

  • Home
  • Start Trading
  • English
    • English
    • Español
    • Italiano
    • Polski
    • Svenska
    • Deutsch
    • العربية
  • News
    • Mining
    • Bitcoin (BTC)
    • ATM
  • Guides
  • How To’s
  • Exchange/Wallet
  • Brokers
  • Bitcoin Price Prediction
  • ✉ Contact
  • Home
  • Crypto News
  • Ripple Executives Called out CNBC for Making an Important Mistake on their Crypto Charts
  • Altcoins
  • Crypto News
  • Ripple (XRP)

Ripple Executives Called out CNBC for Making an Important Mistake on their Crypto Charts

Giovanni Hernandez June 4, 2021 2 min read

A good number of financial moguls and crypto investors take their crypto evaluation referencing the real-time price tickers broadcasted by CNBC. However, the channel came under fire from Ripple Lab’s executive brass and other XRP holders after a recent blunder was noticed on the ticker board. It seems that the CNBC management decided to replace Ripple with XRP on the crypto price panel.

While this mistake might seem trivial to many but for Ripple investors, it is nothing less of a shock. Brad Garlinghouse, one of the Ripple executives, took to Twitter to point out this snarky error. This small yet important mix match can be attributed to the claims of Ripple management that have claimed time and again that XRP is an independent cryptocurrency from Ripple Labs.

Ripple Labs Native Token Gains a Glaring Appreciation after Scoring a Monumental Success

The presiding judge has barred the SEC from getting access to the legal advice provided by the lawyers to the Ripple executives. SEC has filed a $1.3 billion case on Ripple Labs executive Chris Larson and Brad Garlinghouse. After the case was launched, the value of XRP fell from hundreds to fractions. Many crypto exchange platforms also delisted it to avoid getting the heat from SEC.

SEC is prosecuting the Ripple Labs executives under the pretense that the enterprise representatives conducted business with unregistered securities. SEC focused on claiming that their lawyers advised ripple leadership about the illegal status, and they knowingly proceeded to conduct the violate Section 5 of Securities Act. The main goal of the SEC was to get access to legal advice. However, the court denied this motion under the context of client-attorney confidentially. 

XRP is Soaring but still Traveling Backward on the Crypto Leader Board

While XRP that has been gunning to be restored to its former glory has been struggling in the court, a slew of small but important legal victories continues to grant it some relief. After Coinbase became a publically listed company, it relisted XRP once again. Meanwhile, others like Binance and Huobi have been offering XRP for a long time.

At present, XRP is trading at $0.9 at the edge of getting its 1 USD evaluation. However, at the time, the crypto leader board is being dominated by Cardano that has overtaken both Binance and Dogecoin. If the SEC decides to fold the lawsuit, there are chances that the altcoin might get a two-digit evaluation and manage to spark more interest from the crypto investors.

Post Views: 467

Continue Reading

Previous: A Mobile Application for Crypto-Trading Launched by Kraken
Next: Miami Is Going To Host BTC 2021 Event As It Plans To Expand As A Cryptocurrency Hub

Related Stories

Hotbit Explains Why It Suspended Services For Clients Without Providing Resumption Timeframe
2 min read
  • Crypto News
  • DeFi (Decentralized Finance)

Hotbit Explains Why It Suspended Services For Clients Without Providing Resumption Timeframe

August 5, 2022
Argo Blockchain Has Been Paying Debt To Galaxy Digital By Cashing Out BTC
2 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto News

Argo Blockchain Has Been Paying Debt To Galaxy Digital By Cashing Out BTC

August 4, 2022
Withdrawals Have Been Frozen By Hodlnaut Citing Market Conditions
2 min read
  • Crypto News

Withdrawals Have Been Frozen By Hodlnaut Citing Market Conditions

August 3, 2022

Read our disclaimer

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$24,045.00
-1.42%
ethereum
Ethereum (ETH)
$1,897.78
-0.40%
tether
Tether (USDT)
$1.00
-0.04%
usd-coin
USD Coin (USDC)
$1.00
0.00%
binancecoin
BNB (BNB)
$322.83
-1.42%
ripple
XRP (XRP)
$0.373571
-1.95%
cardano
Cardano (ADA)
$0.53
-1.61%
polkadot
Polkadot (DOT)
$9.36
0.16%
dogecoin
Dogecoin (DOGE)
$0.071257
-1.15%
Uniswap
Uniswap (UNI)
$9.06
-2.61%

Recent Posts

  • Alfabtc Review – A Recommended Cryptocurrency Broker

    Alfabtc Review – A Recommended Cryptocurrency Broker

     Alfabtc Review Alfabtc is a competent brokerage firm known for its fast and efficient execution of trade. The
  • Hotbit Explains Why It Suspended Services For Clients Without Providing Resumption Timeframe

    Hotbit Explains Why It Suspended Services For Clients Without Providing Resumption Timeframe

    On Thursday, Hotbit made a concerning announcement for the entire customer base. The cryptocurrency exchange notified the users
  • Argo Blockchain Has Been Paying Debt To Galaxy Digital By Cashing Out BTC

    Argo Blockchain Has Been Paying Debt To Galaxy Digital By Cashing Out BTC

    Argo Blockchain has been selling Bitcoin (BTC) that belongs to the blockchain’s holdings. The reason behind selling Bitcoin
  • Withdrawals Have Been Frozen By Hodlnaut Citing Market Conditions

    Withdrawals Have Been Frozen By Hodlnaut Citing Market Conditions

    Hodlnaut has announced that it has frozen its services for the users. The firm made an official announcement
  • Following a Strong Trend, Lido DAO is All Set to Record a Downward Movement

    Following a Strong Trend, Lido DAO is All Set to Record a Downward Movement

    Lido DAO (LDO) has proven to be one of the top performers in the cryptocurrency industry in the

Start Trading

Categories

Top Posts

  • Crypto May Become Norm For Merchants As MasterCard And Visa Raise Their Fees

    Crypto May Become Norm For Merchants As MasterCard And Visa Raise Their Fees

    Cryptocurrency could very quickly become the alternative for merchants as credit card companies are looking to raise their
  • Ualgo Scam Check and Experience – Ualgo Review, What Makes this Broker Different?

    Ualgo Scam Check and Experience – Ualgo Review, What Makes this Broker Different?

    Ualgo Review In the last few years, the trading markets have attracted millions of people all over the
  • $1.5 Million Successfully Raised by Heroes and Empires

    $1.5 Million Successfully Raised by Heroes and Empires

    As per the latest reports, the team behind the development of the game “Heroes & Empires” has shared
  • Ideal Bitcoin and Cryptocurrency wallets of 2019

    Ideal Bitcoin and Cryptocurrency wallets of 2019

    You may be skilled in buying, trading, selling or accepting Cryptocurrency or have participated in the developing financial
  • Who are Seaquake?

    Who are Seaquake?

    Seaquake is a team of creative minds dedicated to stabilizing the digital assets market using proven technologies to

Archives

You may have missed

Alfabtc Review – A Recommended Cryptocurrency Broker
3 min read
  • Brokers
  • Reviews

Alfabtc Review – A Recommended Cryptocurrency Broker

August 10, 2022
Hotbit Explains Why It Suspended Services For Clients Without Providing Resumption Timeframe
2 min read
  • Crypto News
  • DeFi (Decentralized Finance)

Hotbit Explains Why It Suspended Services For Clients Without Providing Resumption Timeframe

August 5, 2022
Argo Blockchain Has Been Paying Debt To Galaxy Digital By Cashing Out BTC
2 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto News

Argo Blockchain Has Been Paying Debt To Galaxy Digital By Cashing Out BTC

August 4, 2022
Withdrawals Have Been Frozen By Hodlnaut Citing Market Conditions
2 min read
  • Crypto News

Withdrawals Have Been Frozen By Hodlnaut Citing Market Conditions

August 3, 2022
  • Kraken
  • OrbitGTM
  • Fxoro
  • KuCoin
  • Huobi
  • Bitfinex
  • PrimeXBT
  • CTmatador
  • DXCBIT
  • PrimeHolders
  • CMC Markets
  • XCGIN
  • Virtual Payout
  • Gamma Capitals
  • Towards Soure
  • CoinsMarkets
  • ArgoTrade
  • Global Solution
  • CTProz
  • Alfabtc
Copyright © All rights reserved. | DarkNews by AF themes.
  • bitcoinBitcoin(BTC)$24,045.00-1.42%
  • ethereumEthereum(ETH)$1,897.78-0.40%
  • tetherTether(USDT)$1.00-0.04%
  • usd-coinUSD Coin(USDC)$1.000.00%
  • binancecoinBNB(BNB)$322.83-1.42%
  • rippleXRP(XRP)$0.373571-1.95%
  • cardanoCardano(ADA)$0.53-1.61%
  • SolanaSolana(SOL)$43.16-1.96%
  • polkadotPolkadot(DOT)$9.360.16%
  • dogecoinDogecoin(DOGE)$0.071257-1.15%
  • UniswapUniswap(UNI)$9.06-2.61%
  • bitcoin-cashBitcoin Cash(BCH)$140.76-2.97%