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…
Ripple (XRP) traded above $0.5400 early Monday, gaining over 2% ahead of the Ripple Swell 2024, held in Miami, Florida. The event focused on Ripple’s latest developments and technology and is closely watched by XRP holders for potential updates on the Ripple USD (RUSD) stablecoin and the firm’s custody solutions. The event, running from today…
The XRP community is abuzz with excitement as Ripple’s prolonged legal battle with the SEC enters a critical phase. A recent post by Ashley Prosper on X shed light on the next steps in the appeal process, sparking a series of responses from prominent voices in the community. With Ripple’s Swell event coinciding with key…
On October 15, 2024, Ripple’s native token XRP broke out of its prolonged consolidation zone and is poised for a massive upside rally. For nearly two weeks, XRP had been trading within a narrow range. During this period, whales and institutions significantly acquired XRP tokens following the filing of its Spot Exchange Traded Fund (ETF)…
October 14, 2024 at 06:00 PM GST updated: October 14, 2024 at 03:51 PM 4 mins read Press Release As the crypto market prepares for the next bull cycle, several wise investors are looking for where to invest their funds in altcoins suitable for tremendous profits. For a long time, Ripple (XRP) has been on…
A federal judge ruled last year that the SEC did not prove Ripple violated securities laws by selling XRP to retail customers on exchanges. Recently, the SEC announced it would appeal this decision, and Ripple has filed a cross-appeal in response, adding another layer to the ongoing legal battle. What’s Happening? On the Thinking Crypto…
Crypto analyst Levi takes viewers on a deep dive into The Simpsons’ fascinating history of predicting cryptocurrency trends. Since 2012, the iconic show has made several references to crypto, including discussions around Bitcoin and blockchain technology, long before these became widely known. Levi points out how The Simpsons have accurately predicted real-world events, such as…
October 14, 2024 at 07:50 AM GST updated: October 13, 2024 at 11:43 PM 2 mins read News XRP stabilizes around $0.53, showing strength above key support levels. Bullish chart patterns suggest a potential breakout towards $0.60 and beyond. Market psychology and resistance levels impact traders’ strategies and XRP’s future price movement. Ripple’s XRP is…
The post Ripple News: Can the SEC Stop XRP ETFs? appeared first on Coinpedia Fintech News Ripple’s Chief Legal Officer, Stuart Alderoty, announced on X that the company has filed a cross-appeal in its legal case against the U.S. Securities and Exchange Commission (SEC). This action follows the SEC’s appeal last week to the U.S….
Este artículo también está disponible en español. XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve’s interest rate cuts in late September, the market is experiencing uncertainty and anxiety. While some investors remain optimistic, the recent price movements of…
October 12, 2024 at 07:50 AM GST updated: October 11, 2024 at 08:22 PM 1 min read Crypto Live News XRP shows resilience despite unfavorable market conditions. Analyst predicts significant XRP price growth in Q4 2024. Ripple expands into crypto custody, boosting XRP’s value potential. Recently, XRP’s three-month candle closed and a new one for…
October 12, 2024 at 04:55 AM GST updated: October 12, 2024 at 04:47 AM 2 mins read News Ripple’s strategy: Keep XRP prices low to attract banks, ensuring widespread adoption and future scarcity. XRP aimed to be a global reserve currency with a massive initial supply of 100 billion tokens. Ripple to reintroduce smart contracts…
In what is a rather surprising development for the ongoing legal battle, Ripple has filed a notice of cross-appeal in its lawsuit with the US Securities and Exchange Commission (SEC). The filing takes place after the SEC sought an appeal In early October, as the two sides are expected to face off in court yet…
Bitnomial challenges SEC’s classification of XRP as a security. The SEC filed a notice of appeal in the Ripple case last week. Bitnomial, a Chicago-based cryptocurrency derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The filing challenged the assertion of the SEC that XRP futures should be classified as…
In the ongoing legal battle, Ripple filed a “cross-appeal” on October 10, 2024, following the United States Securities and Exchange Commission’s (SEC) recent appeal earlier this month. With this cross-appeal, both Ripple’s and SEC’s appeals will now be handled together in one case. Ripple Challenges Court’s Decision Ripple’s cross-appeal seeks to overturn the court’s decision…
The U.S. SEC has initiated an appeal in its case against Ripple following a federal judge’s ruling that the SEC failed to prove that Ripple violated securities laws through its sales of XRP to retail customers. Ripple’s Legal Battle: The SEC’s Appeal and Ripple’s Response A recent discussion on X has sparked debate about Ripple’s…
The U.S. SEC has filed an appeal in its case against Ripple, after a federal judge ruled that the SEC did not prove Ripple violated securities laws by selling XRP to retail customers. The SEC’s appeal, submitted to the Second Circuit Court of Appeals, argues that the judge’s decision contradicts established Supreme Court precedents and…
The prospect of an XRP ETF in the U.S. is gaining traction, fueled by optimism from experts and the recent filing by Canary Capital. Despite the U.S. SEC’s ongoing appeal in the Ripple case, confidence in XRP’s future remains strong among market players. Here’s the inside scoop on the biggest speculation of the year! Growing…
In the latest developments surrounding the Ripple case, the SEC has announced it will challenge its partial loss in court against the XRP issuer. The regulator filed a notice of appeal, more than a year after a federal judge ruled that the sale of Ripple’s XRP on public exchanges does not qualify as a security. …
October 9, 2024 at 04:55 AM GST updated: October 9, 2024 at 04:32 AM 2 mins read News Ripple mints 42M RLUSD units, burns 470M during private beta to ensure USD peg stability. Ripple’s RLUSD restricted to institutional testing, public availability to follow comprehensive trials. RLUSD set to reshape stablecoin market, competing with giants USDT…
There is a possibility that Ripple and the SEC could reach a settlement in the next 14 days. This comes after the SEC filed a notice of appeal on October 2, 2024, challenging Judge Analisa Torres’s ruling that stated XRP is not a security when sold on public exchanges. The SEC’s notice of appeal suggests…
Despite price consolidation within a tight range at a support level, it appears that XRP bulls are back in the market as its trading volume skyrockets. On October 7, 2024, most top cryptocurrencies experienced a notable price surge, but XRP’s price has remained stable over the past 24 hours. XRP Current Price Momentum Currently, XRP…
With the recent Ripple appeal, the SEC and its chair Gary Gensler are back in the spotlight as the XRP community voices strong opposition to the agency. This new twist has extended the already delayed case timeline, with some speculating it could now stretch until 2026. American venture capital investor Tim Draper appeared on the…
The ongoing legal battle between Ripple and the SEC has created a mixed sentiment for XRP, and many investors are left wondering what it means for the future of this cryptocurrency. The SEC’s appeal in Ripple’s case could serve as a double-edged sword, potentially providing institutions with an opportunity to buy XRP at lower prices. …
The weekend appeared to be quiet bullish, as the majority of tokens had triggered a recovery before the start. The XRP price also triggered a strong rebound from the bottom close to $0.5, but the bulls do not appear to be quite strong enough to push the prices beyond the range. However, the technicals remain…
October 7, 2024 at 08:20 AM GST updated: October 6, 2024 at 08:05 PM 3 mins read Press Release The crypto industry is constantly growing, and projects such as VeChain (VET) and Ripple (XRP) are at the top of key developments. VeChain is a blockchain-based platform that optimises global trade by providing better product authenticity…
On October 2, the U.S. Securities and Exchange Commission (SEC) filed a notice of appeal in the Ripple lawsuit, aiming to challenge a decision made by Judge Analisa Torres. This appeal focuses on the 2023 ruling that determined secondary transactions of Ripple’s XRP did not qualify as securities sales. However, there have been multiple speculations…
The SEC recently filed an appeal in the ongoing SEC vs. Ripple case, challenging Judge Torres’ ruling. Many analysts have already discussed reasons why this appeal likely won’t succeed, given the low odds of overturning the original decision. Ripple’s Chief Legal Officer, Stuart Alderoty, had previously pointed out that the success rate for appeals in…
XRP is seen swiftly recovering from significant selling pressure that forced its value towards the $0.50 level, earlier this week. The figure marks a notable improvement from the low of $0.5101 that XRP tested on Thursday after the SEC announced its intention to appeal. However, XRP is still nursing a 9.5% loss in its weekly…
The SEC has filed an appeal against a previous ruling that deemed programmatic sales of XRP as not constituting investment contracts, a decision that significantly reduced the penalties Ripple faced. However, there has been a lot of confusion regarding this appeal and XRP enthusiasts took to social media to express their frustration. Additionally, discussions centered…
The rising tensions amidst the legal conflict between Ripple and the U.S. Securities and Exchange Commission (SEC), has led to XRP holders running a petition on social media platforms like X. The petition carrying the tag “Stop the SEC’s Unnecessary and Frivolous Appeal in the Ripple v. SEC Case” has received nearly 5000 signatures. Successively,…
Edo Farina, CEO of Alpha Lions Academy, a strong voice in the XRP community, recently shared his views on the Ripple vs SEC lawsuit, describing it as more than just a legal battle. According to him, it’s a tool being used to manipulate XRP’s price and play with the emotions of its holders. Farina’s post…
XRP’s price has experienced significant volatility, recently dropping by 23.7% amid geopolitical tensions and Ripple’s ongoing legal battle with the SEC. The altcoin attempts to bounce back after hitting a low of $0.506. Key support at the $0.50 level is now critical, and traders are closely watching whether this threshold can fuel XRP’s next upward…
The Ripple vs. SEC case is back in the spotlight as the U.S. Securities and Exchange Commission (SEC) moves forward with its appeal. This appeal mainly targets the $125 million penalty imposed on Ripple for its institutional sales. However, the XRP community is still uncertain whether the appeal will also cover other parts of the…
Ripple Labs is currently facing a renewed challenge as the SEC has filed an appeal against a recent court ruling. On October 2, 2024, the SEC took a significant step in its ongoing legal battle with Ripple by filing an appeal. This marks a new phase in the lengthy and contentious dispute between the SEC…
Ripple vs SEC case has taken yet another turn, after the SEC’s decision to appeal Judge Analisa Torres’ ruling in its long-standing case against Ripple, filing a “notice of appeal” to the Second Circuit Court. This comes two months after the judge’s final judgment, keeping the four-year battle alive! However, the Securities and Exchange Commission…
October 4, 2024 at 10:50 AM GST updated: October 4, 2024 at 02:24 AM 2 mins read News PEPE surged 60%, standing out amid declining altcoins like SOL and XRP. Strong community support and performance signal PEPE’s serious investment potential in 2025. PEPE’s resilience and growth may lead it to dominate the crypto market in…
October 4, 2024 at 08:20 AM GST updated: October 4, 2024 at 01:44 AM 2 mins read News XRP faces critical market uncertainty amid SEC appeals, impacting investor sentiment and strategies. Charts suggest potential recovery, highlighting key support levels for cautious investors. Traders must adjust their strategies to navigate the shifting market dynamics. As uncertainty…
It appears that Ripple’s native token is poised for a massive price crash as whales and institutions continue to offload their holdings. Over the past seven days, Binance, the world’s largest crypto exchange, has seen a significant dump of XRP tokens by whales and institutions, according to the on-chain analytics firm CryptoQuant. Binance’s XRP Reserve…
Cowboy Crypto, in a latest X post, has shared a little review of SEC officials who are involved in the SEC vs Ripple case. He has asked to pay attention to all the Congressmen/Congresswomen who have not said a word about this appeal of government overreach and blatant corruption. Jay Clayton filed a Ripple lawsuit…
The post SEC Appeals Verdict In Ripple Case: Can The Payment Company Sue The Agency? appeared first on Coinpedia Fintech News The SEC has officially submitted an appeal against Ripple to the U.S. Court of Appeals for the Second Circuit, challenging the August 7, 2024 ruling. Ripple CEO Brad Garlinghouse criticized the SEC for harming…
The SEC has officially appealed its case against Ripple following a historical ruling on Aug. 7, in which Ripple was ordered to pay a $125 million civil penalty, although the regulator was asking for $2 billion. The motive is that the district court’s decision goes against long-standing Supreme Court precedents and established securities laws. Ripple’s…
The ongoing Ripple-SEC legal battle took another turn as the U.S. Securities and Exchange Commission (SEC) officially announced its appeal of a federal judge’s ruling against the agency. The appeal comes just two months after Judge Analisa Torres issued her final judgment in the SEC’s four-year-old case against Ripple. At the heart of the appeal,…
The United States Securities and Exchange Commission (SEC) filed a notice of appeal on Judge Analisa Torres’ August 7, 2024, ruling in the court of appeal for the second circuit. The US SEC filed an appeal case against Ripple and its top executives led by CEO, Brad Garlinghouse, and the company’s executive chairman Chris Larsen. …
XRP is moving through a complex price pattern with ups and downs. While there’s potential for the price to rise, it’s not showing the strong momentum usually seen in bullish trends. XRP’s neutral price outlook coincides with Bitwise Asset Management filing for an XRP Exchange Traded Product (ETP) with the SEC. Additionally, the upcoming SEC…
The leading asset management firm Bitwise has taken a significant step towards launching an XRP ETF by filing a registration for a Delaware statutory trust on September 30. The move, filed with Delaware’s Division of Corporations, has incited excitement in the crypto community, which has been eagerly awaiting the possibility of the ETF in the…
It appears that Crypto-focused investment firms are now eyeing the XRP Exchange Traded Fund (ETF) in the United States. Following the successful launch of Bitcoin and Ethereum ETFs, a new crypto-focused investment firm Canary Capital, filed for an XRP ETF by submitting Form S-1 to the US Securities and Exchange Commission (SEC) last week. First…
Bitwise Asset Management recently submitted a filing for an XRP Exchange Traded Product (ETP) amid growing anticipation for regulatory approval. This filing, submitted to the U.S. Securities and Exchange Commission (SEC), has the potential to reshape XRP’s market trajectory if approved. Bitwise submitted the Form S-1 on September 30, laying the groundwork for a possible trust…
After a great success in Bitcoin and Ethereum ETF, Bitwise is now planning to become the first firm to launch an XRP product. In a significant development, Bitwise Asset Management has filed for an XRP Exchange Traded Product. The firm has submitted the Form S-1 to the U.S. Securities and Exchange Commission. If the SEC…