Ripple CEO provides earnings expectations and compares company valuation against crypto market downturns.

The entities involved

• Ripple →

  creator and a developer of the Ripple payment protocol and exchange network.

  • The SEC has sued Ripple over unregistered security claims. In response to the legal uncertainty, Kraken pulled XRP listings, and Coinbase also suspended XRP trading.Sun 22:10
  • Ripple is seeking conditional federal charter approval from the Office of the Comptroller of the Currency.Sat 21:49
• Bitcoin →

  digital cash system and associated currency

  • Phemex reported the reserve ratios for Bitcoin, Solana, Ethereum, and Avalanche.16:55
  • Google announced it is offering a crypto custody system specifically for Bitcoin.14:46
• Brad Garlinghouse →

  American businessman

  Nothing else this week.

Related events

• The crypto market is experiencing a rally, boosting related stocks as major firms like BlackRock remain involved in Bitcoin funds under SEC oversight.Sep 21
• Equity deleveraging dynamics in tech stocks could transmit negative pressure to Bitcoin.Oct 19
• Strategy maintains Bitcoin as its primary treasury reserve asset and issues a preferred share product pegged to $100.Jun 30
• Analysts Tom Lee and Mark Newton provided valuations and technical views on Ethereum, comparing its value to Bitcoin ratios.Jun 7
• Several prominent investors, including Chamath Palihapitiya and Jason Calacanis, offered new predictions regarding Bitcoin's future price and market ceiling.Sun 14:38