David Schwartz, Ripple's CTO since 2018, steps back to focus on personal projects and family as Dennis Jarosch takes over technical operations. Ripple continues to expand XRP Ledger's use cases beyond payments.
On February 2, 2018, the global cryptocurrency market experienced a major crash with over $100 billion wiped out in 24 hours. Bitcoin, Ethereum, and Ripple all faced significant drops amid regulatory concerns and legal actions.
Explore the returns of major cryptocurrencies like Bitcoin, Ethereum, Ripple, Binance, and Tether, and understand their inter-asset spillovers using the Diebold and Yilmaz (DY) spillover index. Learn how platforms like Bitlet.app can help you invest in these assets flexibly through crypto installment services.
Gemini's losses deepened significantly from $41.4 million in H1 2024 to $282.5 million, highlighting financial challenges despite its growing partnership with Ripple. Learn how innovative platforms like Bitlet.app can offer smart solutions for crypto investments.
June 2025 saw significant movements in the crypto space with over $1 billion invested in spot Bitcoin ETFs as the dollar weakens. Ripple hit legal challenges with a federal judge denying their appeal over a $125 million penalty, while Kraken expanded globally by launching 'Krak,' their peer-to-peer money app across 110 countries. Galaxy Digital raised $175 million focusing on DeFi and stablecoins, and the real-world asset tokenization market surged 380% to $24 billion. Despite legal setbacks and market volatility, cautious optimism remains.
A leading crypto exchange has announced a $75 million credit agreement with Ripple, enhancing its financial stability and expanding opportunities within the digital asset space. This move, reported on August 15, 2025, underscores growing collaboration between major players in the crypto market.
Gemini has filed for a Nasdaq IPO under the ticker GEMI, securing a $150 million credit line from Ripple linked to its stablecoin RLUSD. This move aims to strengthen Gemini's finances and support expansion in the crypto market, with top financial firms overseeing the IPO process.
Ripple Labs and the SEC have jointly agreed to dismiss their ongoing legal dispute regarding XRP's classification, marking a significant turning point in crypto regulation. Despite the dismissal, important legal rulings on crypto securities remain impactful.
Ripple has announced a $75 million credit line to support Gemini's upcoming IPO on Nasdaq under the ticker GEMI. This financial boost aims to strengthen Gemini amid trading volume declines and regulatory challenges. The deal also includes a new USD-backed stablecoin, RLUSD, offering innovative borrowing options.
Gemini secures a $75 million credit facility from Ripple while preparing for a U.S. IPO, aiming to join Coinbase and Bullish as a public crypto exchange. Despite recent financial losses, this partnership could bolster Gemini's growth.