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Ripples final edition of the XRP Markets Report, published for Q1 2025, marks the end of an era. Since 2017, the report has served as a beacon of transparency in the crypto industry. However, Ripple announced its decision to retire the publication in its current form starting Q2 2025. The move follows years of scrutiny, […]
Ripple (XRP), the fourth-largest cryptocurrency by market cap, is at a critical juncture as technical analysis points to a potential short-term correction. XRP is trading at $2.19, with a 24-hour trading volume of $3.2 billion, according to CoinMarketCap. The token has seen a 5.7% increase over the past week, reflecting strong momentum fueled by recent […]
Ripple Labs and its XRP token have been at the center of one of the most high-profile legal battles in crypto history. The lengthy dispute with the U.S. Securities and Exchange Commission (SEC), which began in December 2020, has shaped Ripples trajectory and raised broader questions about crypto regulation in the U.S. As Ripple and […]
The post As the Ripple SEC lawsuit nears resolution, the end is finally here for XRPs legal woes appeared first on CryptoSlate.
In a rather shocking development, the United States Securities and Exchange Commission (SEC) has demanded a $2 billion sanction against Ripple. Responding to the startling demands, Ripples Chief Executive Officer (CEO), Brad Garlinghouse has taken a firm stance against the agencys demands, determined to expose the true nature of the SEC. Ripple CEO Criticizes SECs Demands Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple recently disclosed in a post on X (formerly Twitter) that the US SEC has petitioned a Judge for $2 billion in fines and penalties against Ripple. According to the Ripple CLO, the SEC is in a relentless pursuit to punish and intimidate Ripple, rather than faithfully applying the law. Related Reading: Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next Challenging the SECs $2 billion penalty, Garlinghouse emphasized that the agency has consistently operated beyond the bounds of law in various enforcement actions. He disclosed that Judges have also taken note of the SECs actions, previously admonishing the agency for its extensive abuse of power entrusted to it by Congress. The Ripple CEO also criticized the SECs penalty demand, arguing that it lacks precedent and justification, particularly given the absence of any allegations, findings of fraud or recklessness in the case. As a result, Garlinghouse has vowed to expose the SEC for its conduct, emphasizing that Ripple will vigorously respond to the SECs action. Notably, Alderoty has disclosed that the companys legal team will be addressing the SECs demands in a filing scheduled for next month. Offering his perspective on the SEC, the Ripple CLO characterized the agency as one that trades in statements that are false, mischaracterized and designed to mislead. SEC Actions Hurt XRP Holders The Most In its lawsuit against Ripple, the US SEC accused the payment company of violating securities laws by selling XRP in unregistered securities offering to investors in the US. According to the agency, the company and its executives had allegedly failed to protect its investors, depriving them of adequate disclosures of XRP. However, members of the Ripple community argue that the SECs enforcement actions against Ripple have not protected investors but caused even deeper challenges and financial losses for XRP holders. Related Reading: Bitcoin Whales Remove A Staggering $2.3 Billion From Exchanges, Is It Time To Buy? A popular XRP enthusiast, identified as XRPCryptoWolf has asserted that it should be the SEC, not Ripple, paying billions to XRP holders. The SEC asking for $2 billion in fines and penalties is ridiculous when theyre the ones who financially hurt XRP holders the most. The SEC owes XRP holders tens of billions of dollars, he stated. The XRP community member disclosed that after the SEC announced its lawsuit against Ripple, approximately $15 billion was wiped out from XRPs market capitalization, and the token was also delisted from major exchanges. As a result of the lawsuits significant impact on XRPs value, millions of XRP holders experienced financial losses. XRP price at $0.644 | Source: XRPUSDT on Tradingview.com Featured image from Inside Bitcoins, chart from Tradingview.com
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The post From Cross-Border Payments to GamingWhy Qubetics, XRP and Sonic Are the Best Cryptos for Passive Income! appeared first on Kanalcoin.
XRP price has almost doubled since the Ripple victory. How high will XRP reach when the XRP lawsuit officially ends?
Concerns of a potential appeal by the United States securities regulator to the landmark Ripple ruling earlier this month were shrugged off by Ripple’s chief legal officer. Stuart Alderoty believes that if the SEC takes the case to an appeal, the court could move to consolidate Ripple Labs’ partial victory over the financial regulator even [...]
The post SEC appeal could amplify Ripple win, says Ripple Labs legal chief appeared first on Crypto Breaking News.
Will we then see a price explosion from the XRP coin to $3 if Ripple wins the SEC lawsuit? Let's try to assess the XRP situation.
Brad Garlinghouse has lashed out at the SEC for its "absurd" comments on the Ripple Labs case.
Can XRP reach $2 once the lawsuit is officially won? Let's analyze in this XRP price prediction and lay out what's new with the SEC lawsuit.
XRP did not lose as much as other cryptos. What is the XRP forecast for the next weeks? Can XRP reach 1$ after positive SEC litigation news?
Ripple has a strong use case, however, its pending lawsuit is driving investors away. Here are the Ripple SEC updates as of March 2023.
Who will win the lawsuit Ripple or the SEC? And how will this affect XRP prices? Will XRP reach 1$? Let's analyze in this Ripple prediction.
Is XRP a good investment in 2023? Will XRP price go up in 2023 and the SEC lawsuit gets resolved? Here's what we know so far.
Analysts predict that the year 2023 would be a turning point for cryptos. What to expect in the year 2023? Let's lay out some crypto prediction ideas.
What happened with Ripple and when will Ripple settle the SEC lawsuit? In this article, we give an update on Ripple and its lawsuit.
What's new with the Ripple SEC lawsuit? Is Ripple winning the lawsuit? Let's tackle everything in this Ripple SEC update article.
XRP is looking extremely bullish on a short-term outlook. In the long game, the timeframe charts show an incredible selling opportunity in the next three months. XRP looking bullish from a short-term perspective Price mid-point of $0.36 is now poised as both key resistance and support zones Ripple to target $1 next However, XRP bulls may need to wait a little longer for a breach to take effect. In June, the crypto was seen to breach the support key of $0.39. Since the support zone was breached, this same level was also poised as the key resistance. XRP price was also spotted to form a range from $0.3 to $0.41, with the mid-point set at $0.36 which acted as both the resistance and support zones. Related Reading: How Litecoin (LTC) Is Able To Muster A 5-Day Straight Rally Chart from TradingView.com XRP Bulls Losing Aggressiveness? In August, XRP is seen to try to breach the $0.39 level for two weeks. However, the bulls are running out of steam sending the price crashing down under the range’s mid-point. The price dropped further down to the $0.30 level after a couple of days. According to CoinMarketCap, XRP price has nosedived by 0.12 % or trading at $0.3558 as of this writing. Technical indicators for the token demonstrate a sudden twist in bearish foreplay. RSI has surged past 50 and hoisted it to act as support showing a strong uptick that could linger for the next couple of days. More so, the Accumulation/Distribution (A/D) line was able to breach the key resistance level spotted in May which is a very critical development so far. But, such development may not validate further progress above the $0.39 level. On the flip side, this would indicate that a breach is a possibility and could happen in a couple of weeks. XRP’s Chaikin Money Flow (CMF) also climbed, surpassing +0.08 showing remarkable buying activity. Spike In XRP Demand Shows Bullish Stance The sudden surge in the crypto’s demand indicates that the bulls may have taken the driver’s seat. However, a breach that would rip off the key resistance may take some time to happen. Beyond the SEC issues, the challenge is breaching the resistance line that has been rock-solid since May 2021. XRP has tested and failed this resistance zone many times but it’s dead-set to retest it again. Flipping the resistance zone will definitely help hoist XRP to target $1 next. Related Reading: Avalanche Outmatches Top Cryptos As AVAX Posts 11% Rally In Last 7 Days XRP total market cap at $17.2 billion on the daily chart | Source: TradingView.com Featured image from Cryptocoin Spy, Chart from TradingView.com
Despite Ripple's advancements, XRP prices seem to be crashing yet again. Why is XRP crashing? Hint: it's not because of the SEC lawsuit.
Where will XRP price reach? And what happened with the Ripple SEC lawsuit? All you need to know in this XRP price prediction article.
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