The ongoing legal battle between the SEC and Ripple Labs is heating up, as the SEC has formally requested an extension for its principal brief deadline, pushing it to January 15, 2025. Attorney Fred Rispoli pointed out that the SEC frequently seeks extensions not solely to delay proceedings, but because they are stretched thin with…
Ripple (XRP) and Shiba Inu (SHIB) are two of the most compelling cryptocurrencies in the Web3 world. The tokens have amassed great success and continue to rage within the investor segment to secure new highs. As demand for these token pumps, we cannot help but wonder about the potential causes and reasons that make these…
Ripple has submitted its civil appeal pre-argument statement, commonly referred to as Form C. One key question on everyone’s mind is whether an investment contract under Section Five of the Securities Act of 1993 must include essential elements that impose ongoing obligations on the seller and allow the buyer to demand profits from the seller’s…
The post Ripple News: CEO Shares Views on Why SEC Shouldn’t Prevail appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse believes that there will be advancements in cryptocurrency regulation following the U.S. presidential election. Speaking at the Crypto Investor Day, Garlinghouse addressed a cross-appeal filed last night that seeks clarification on whether an…
October 26, 2024 at 05:00 AM GST updated: October 25, 2024 at 11:10 PM 3 mins read Press Release According to analysts closely watching market trends, XRP may face a drop below $0.5. Meanwhile, a new DeFi coin priced at just $0.03 is drawing attention with its potential for massive gains. With the possibility of…
XRP’s network activity is making waves as it hits a new high in active sending addresses, reaching 12,230, the highest in six months. The Q4 as predicted seems bullish and XRP is making some out-of-the-box jumps to sustain the Ripple vs SEC case damage. Here’s one analyst who believes XRP may revive from ashes. Read…
The cryptocurrency community is buzzing after Chris Larsen, co-founder of Ripple, pledged a staggering $10 million to support Vice President Kamala Harris’s campaign. Before this big donation, Larsen had contributed a total of approximately $1.9 million to Harris’s campaign, both directly and through a super PAC called Future Forward. His latest commitment, announced on Monday,…
Andy Schectman, President and Owner of Miles Franklin, was recently asked about the best cryptocurrency option for diversification. While he primarily focuses on gold, he was asked about several options like Bitcoin, Ethereum, XRP, and Chainlink. However, he said that XRP stands out due to its unique structure and existing partnerships. XRP’s Efficiency and Potential…
On Thursday, the United States Securities and Exchange Commission (SEC) filed with the US Court of Appeals for the Second Circuit to request an extension for the deadline for filing its principle brief by January 15, 2025. The filing was revealed by James K Filan, a defense lawyer and former federal prosecutor, through an X…
Former President Donald Trump recently hinted that he might nominate individuals for the position of SEC chair if he wins the upcoming election in November. He pledged that on his first day in office, he would fire current SEC Chair Gary Gensler. In an interview with David Lin, Commissioner of the U.S. Securities and Exchange…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Ripple Labs CEO Brad Garlinghouse reflected on Ripple’s regulatory strategy, acknowledging that the company should have engaged more proactively with U.S. regulators. Speaking at DC Fintech Week on Oct. 23, Garlinghouse expressed regret over Ripple’s delayed efforts to work with lawmakers. “I look back on that, and I regret…
Ripple CEO Brad Garlinghouse recently admitted that the company should have engaged with U.S. regulators earlier. Speaking at DC Fintech Week, he acknowledged that Ripple is now trying to make up for lost time after facing significant legal challenges from the U.S. SEC. The SEC lawsuit against Ripple alleges that its XRP token was sold…
XRP has seen a 3.74% decline over the past year, likely due to its ongoing legal battle with the SEC and the volatility triggered by updates on the case. However, the approval of an XRP ETF could help reduce this volatility by providing stability and credibility to the currency. This development could also boost XRP’s…
The ongoing legal battle between Ripple and the SEC has captured significant attention on social media, with new claims emerging almost daily. Recently, some discussions have centered around procedural aspects of the case. Key Claims Regarding the SEC’s Civil Appeal According to recent claims, the SEC is obligated under Local Rule (L.R.) 25.1 to file…
Ripple’s CEO, Brad Garlinghouse, dropped a bit of a bombshell recently. At DC Fintech Week, he shared that he was personally de-banked by Citigroup Inc., a bank he’s been with for 25 years. Why? Because of his ties to cryptocurrency. It’s not just him though. This reflects a growing trend where U.S. banks are stepping…
The U.S. Securities and Exchange Commission (SEC) has filed its Form C, appealing a court ruling that addressed the nature of Ripple’s XRP sales. The appeal centers on three primary issues: the sale of XRP through exchanges, the distribution of XRP to employees, and the transactions made by executives Brad Garlinghouse and Chris Larsen. In…
Chris Larsen, the co-founder of Ripple, has recently made headlines for his $10M XRP donation to the U.S. Vice President Kamala Harris. While he claims the donation is aimed at promoting technological innovation and fostering crypto-friendly policies, it has ignited significant backlash from the crypto community. Many are now pondering whether this move could influence…
The SEC has intensified its legal battle with Ripple Labs by filing a new appeal, challenging a key ruling regarding the classification of XRP. The SEC’s appeal targets a ruling made by Judge Analisa Torres, which previously stated that Ripple’s programmatic sales of XRP do not qualify as securities. With both parties gearing up for…
As the election between Kamala Harris and Donald Trump approaches, more details are coming up about donations from leading figures in the crypto market. People have long noted that this election could greatly impact the market. In line with this view, recent election data shows that Chris Larsen, the co-founder of Ripple, has made several…
The cryptocurrency market has experienced a notable upside rally in the past few days. Amid this rally, Ripple’s native token XRP remained consolidating. Crypto Whale Adds 50 Million XRP Tokens On October 21, 2024, the blockchain-based transactions tracker Whale Alert made a post on X (Previously Twitter) that a crypto whale withdrew a significant 52…
Analysts are noticing a big change in Bitcoin’s market signals, with an important indicator about to flip from red to green. This change suggests that a massive bullish wave may soon emerge. According to analyst Josh of Crypto World, the super trend indicator is on the cusp of flipping back to green. This transition historically…
XRP may not be shining in terms of price, but activity on the XRP Ledger (XRPL) has soared to its highest levels in months as users flock back to the platform. While XRP has struggled compared to its peers—remaining the only major cryptocurrency among the top eight to post a month-over-month decline—other coins like Bitcoin,…
Ripple is making significant strides in the blockchain and fintech world, especially with its cross-border payment solutions that over 300 financial institutions rely on. Recently, discussions about Ripple possibly going public through an Initial Public Offering (IPO) or direct listing have sparked interest in what this could mean for the company and the broader crypto…
Ripple’s Chief Legal Officer, Stuart Alderoty, recently reaffirmed that XRP is not a security, a point that continues to stir debate despite a clear court ruling. In July 2023, Judge Analisa Torres ruled that XRP, when traded on secondary markets, is not classified as a security. While the U.S. SEC is appealing certain aspects of…
October 21, 2024 at 09:20 AM GST updated: October 20, 2024 at 07:57 PM 2 mins read News XRP traders defend the $0.52 support, signaling possible long opportunities. Buy volume remains weak, limiting upward momentum despite an 8% price rise. Key resistance at $0.62 must break for significant bullish momentum. XRP traders have been on…
According to Bitget’s chief analyst, Ryan Lee, XRP’s price is likely to fluctuate between $0.50 and $0.80 for the rest of 2024. This range hinges on regulatory developments and the ongoing legal battle between Ripple and the U.S. SEC. Investors are adopting a cautious approach as the market remains in the wait-and-watch mode for better…
October 20, 2024 at 10:50 PM GST updated: October 20, 2024 at 06:14 PM 3 mins read Press Release While popular cryptocurrencies like Ripple, Cardano, and Kaspa strive to reach the one-dollar mark, industry experts are turning their attention to a new AI-powered altcoin that could get there first. This emerging digital currency is generating…
The cryptocurrency market has jumped 0.92% in the past 24 hours and is currently valued at $2.34 Trillion. With this, top projects have gained significant valuation to their respective portfolios this week especially top projects such as Bitcoin, Ethereum, and Ripple. Will the crypto market repeat the historic market trend and conclude the month of…
XRP’s recent price action suggests that we might be on the brink of a breakout. Historical patterns indicate that XRP tends to rally following Bitcoin’s price movements. Current market conditions show that XRP has not yet peaked, as significant volume is building, hinting at strong demand. A pump in XRP’s price could be just around…
The SEC has shared details about its appeal in the Ripple XRP lawsuit, confirming its intention to challenge a recent court decision. They filed a Form C on October 16, but there’s some confusion because the court’s stamp on the document shows it was filed on October 17. This discrepancy has raised questions about the…
The SEC recently filed its Form C, appealing a court ruling regarding Ripple’s XRP sales. The appeal focuses on three key points: the sale of XRP through exchanges, Ripple’s distribution of XRP to employees, and the sales made by executives Brad Garlinghouse and Chris Larsen. Ripple’s Chief Legal Officer has now hinted at a potential…
The SEC’s recent appeal of the Ripple case has caused quite a stir in the legal community, with MetaLawMan and several key figures sharing their thoughts on X. The main point of discussion stems from two different dates on the SEC’s Form C, dated October 16 and file stamped on October 17, sparking confusion over…
At the recent Swell conference, Ripple CEO Brad Garlinghouse addressed the possibility of the company going public. When asked about a potential IPO in light of regulatory clarity expected next year, he clarified, “An IPO has not been a high priority for us. Part of that is because the SEC is not our friend.” In…
At the recent Swell conference, Ripple CEO Brad Garlinghouse addressed the growing interest in XRP exchange-traded funds (ETFs). In an interview with Thinking Crypto said that while the timing of multiple ETF filings surprised him, he expected to see more products like these emerge. He pointed out that the approval of a Bitcoin ETF earlier…
The XRP community is abuzz as Ashley Prosper, a prominent figure in the space, breaks down the confusion surrounding the Ripple vs. SEC appeal deadline. There are three key documents in circulation, each leading to differing interpretations on the timing of the SEC’s Form C submission. First SEC created the confusion of appeal or no…
Home/Crypto Live News/Ripple Moves 42 Million RLUSD in 48 Hours—Is a Major Launch Around the Corner? Crypto Live News Ripple recently transferred 42 million RLUSD stablecoins within 48 hours, intensifying community excitement around the stablecoin’s potential launch. According to Ripple Stablecoin Tracker on X, Ripple minted and moved large RLUSD batches, with the largest transfer…
The SEC may have jeopardized its case against Ripple by missing a critical deadline to file its appeal. After announcing its intent to appeal on October 2, the regulator had 14 days to submit Forms C and D detailing its objections to Judge Analisa Torres’s August 7 ruling. However, as of October 16, the SEC…
October 17, 2024 at 05:00 AM GST updated: October 15, 2024 at 11:26 PM 4 mins read Press Release While the XRP price struggles to surpass the elusive $1 mark, ETFSwap (ETFS), a rising DeFi coin priced at just $0.03846, is gaining momentum. As Ripple continues to battle regulatory challenges, investors are beginning to shift…
Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC),…
The crypto community is following the Ripple vs. SEC case closely, with today, October 16, being an important day as the SEC’s filing of Form C is due. This filing is crucial because it will outline the specific aspects of the case the SEC intends to challenge on appeal. Once the SEC files its Form…
The SEC’s ongoing legal battle with Ripple could negatively impact the price of XRP. The appeals process is expected to be lengthy, with both Ripple and the SEC gearing up for detailed arguments. Recently, Fox Business journalist Eleanor Terrett shared excerpts from her conversation with Ripple’s Chief Legal Officer, Stuart Alderoty, on the ongoing Ripple-SEC…
MoonPay recently announced a partnership with Ripple, allowing users to buy, manage, and store XRP directly through the MoonPay app. This integration also marks the launch of RLUSD, Ripple’s dollar-pegged stablecoin, which Ripple Labs developed in collaboration with platforms like Uphold, Bitstamp, Bitso, Independent Reserve, CoinMENA, and Bullish. MoonPay wrote on X, “In partnership with …
After the launch of Bitcoin and Ethereum Exchange Traded Fund (ETF) in the United States, institutions and the crypto community are eagerly awaiting the approval of spot XRP and Solana ETFs. According to the data, if the U.S. Securities and Exchange Commission (SEC) approves both ETFs in the coming days, it could significantly impact the…
Ripple’s legal drama with the SEC just got a new chapter! Ripple’s Chief Legal Officer, Stuart Alderoty, has laid out a clear roadmap for the company’s high-stakes battle, revealing that the case could stretch into mid-2025. This comes hot on Ripple’s cross-appeal filed on October 10, as the SEC keeps pushing to classify XRP as…
Ripple Swell, the annual conference hosted by the payment firm Ripple, begins today in Miami, running from October 15 to 16. This event gathers Ripple’s partners and clients for discussions. During the conference, Ripple’s General Counsel, Stuart Alderoty, shared the stage with Adrienne Harris, the chief of the New York Department of Financial Services (NYDFS)….
A surge of interest in XRP spot ETFs has recently stirred the crypto community, as Bitwise filed for XRP-based ETFs. This move took some by surprise, given that many expected Solana to be the next major focus after firms like VanEck filed for a Solana ETF, only to later withdraw. The Political Influence on Crypto…
The U.S. Securities and Exchange Commission (SEC) recently appealed its case against Ripple following a ruling by a federal judge that the SEC did not sufficiently prove Ripple violated securities laws by selling XRP to retail customers. Now, as the case moves forward, XRP enthusiasts and legal experts are closely watching the next steps. XRP…
Amid this ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC), Ripple announced its partners for its upcoming dollar-pegged stablecoin, RLUSD. On October 15, 2024, during the Ripple Swell 2024 conference in Miami, Florida, the firm, disclosed that it is operationally ready but awaiting regulatory approval. RLUSD Core Members To…
Will Ripple (XRP) Price Drop Below $0.5 Or Rally Above $0.6? The cryptocurrency market started the 3rd week of October on a positive note by recording a positive inflow for the 3rd consecutive day. Following this, top tokens have regained a significant uptrend in their respective valuations. On the other hand, the XRP coin price…
October 15, 2024 at 04:00 PM GST updated: October 15, 2024 at 12:11 AM 3 mins read Press Release The Dogecoin (DOGE) price recovery is imminent–active wallet addresses are on the rise, the highest recorded on the Dogecoin blockchain in eight months. Ripple (XRP), on the other hand, was listed on Santiment’s ‘Top 20,’ and…