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Important Ripple (XRP) Update Four Months Before the SEC Trial
Ripple’s New San Francisco HQ: Ripple opens new global headquarters in San Francisco, showcasing commitment to stay in the US amid its SEC legal battle.
Legal Dispute with SEC: Ripple’s ongoing legal dispute with the SEC involves allegations of selling over $1.3 billion in unregistered XRP securities, with significant developments favoring Ripple in 2023.
Impactful Upcoming Trial: A decisive trial in April will determine the outcome of Ripple’s conflict with the SEC, potentially influencing the broader cryptocurrency sector.Ripple’s New Home
Ripple has been frequently making the headlines throughout the ongoing year thanks to the numerous developments surrounding the blockchain enterprise and its winning court streak against the United States Securities and Exchange Commission (SEC).
Most recently, the company announced the opening of new global headquarters in San Francisco, hinting that it has no intention to leave American soil. The building with the modern office was built in 1927 and recently underwent a remarkable makeover. Back in 2019, it was acquired by two real estate giants – Invesco Real Estate and TMG Partners – for $125 million.
David Schwartz – Ripple’s Chief Technology Officer – shed more detail on the matter, unveiling photos of the new workspace on X (Twitter). Numerous users congratulated the firm for its move, wishing it success in the future.
It remains unclear whether Ripple would continue running some operations at its former office at 315 Montgomery Street, San Francisco.The Approaching Ripple/SEC Trial
It is worth mentioning that Ripple’s decision to move to new global headquarters comes approximately four months before its grand trial with the US SEC.
The legal battle between the entities started in December 2020 when the regulator sued the blockchain company for allegedly selling more than $1.3 billion worth of XRP as unregistered securities.
The clash was heating in the following years, with a peak occurring in mid-July 2023 when US Federal Judge Analisa Torres ruled that Ripple’s XRP sales from years ago did not constitute an offer of investment.
.#Gate post Highlights##HotColumn##HotTopicDiscussion##ContentStar##NewYearCelebration# Shiba Inu Has the Strongest Meme Coin Community, Who’s Second?
Shiba Inu’s Social Media Leadership: Shiba Inu (SHIB) tops social media engagement among memecoins, with nearly 24,000 posts and over 85 million interactions.
Rise of Bonk Inu: Bonk Inu (BONK) marked a significant 400% growth in 30 days, highlighting the volatile nature of memecoins.
Shibarium’s Impact on SHIB: Shiba Inu’s Shibarium network achieved major milestones, contributing to SHIB’s recent modest price growth.Shiba Inu Tops This Ranking
Apart from charting substantial price gains in the past several months, Shiba Inu (SHIB) recently made the headlines for another reason. As estimated by the social media analytics tool LunarCrush, the token has the most devoted community.
According to the updated stats on December 12, there were almost 24,000 posts (across all social media platforms) involving Shiba Inu. Moreover, socially-driven engagements, including likes, retweets, posts, and upvotes, surpassed 85 million.
Dogecoin (DOGE) – the largest memecoin by market capitalization – was positioned second on the ranking, with 22,300 posts and almost 50 million interactions on social channels. Pepe Coin (PEPE) and Floki Inu (FLOKI) were third and fourth, respectively, while the recent sensation in the crypto market, Bonk Inu (BONK), rounded up the top five.The Solana memecoin started its impressive rally at the beginning of last month, exploding by a whopping 400% on a 30-day basis and hitting an all-time high on December 9. As CryptoPotato recently reported, BONK’s market capitalization briefly surpassed the $800 million mark, positioning the asset as the third-largest in the entire memecoin realm.
It is worth noting that such assets are often based on trends and could experience rapid price swings in both directions. While they offer investors the chance to make substantial profits, they could also hide risks of appalling losses. #ContentStar##HotTopicDiscussion##ContentMining##HotColumn##Gate post Highlights# $KUB adds over 10% after Securing Big Listing
$KUB, the native utility token on the Bitkub Blockchain network, is up over 10% in the past 24hours, & now trades around $2.4607, with inflow of $110.89k, as per Gate.io chart.
This comes with the buzz in the community after disclosing the big News that Bitkub Chain will list its $KUB token today December 13, 2023, with Deposit, Trading, & Withdrawal to follow, on a new Global Digital Asset Exchange, currently ranked by Coinmarketcap as the 5th largest digital asset exchange globally. 
