An XRP return to the $0.62 handle could signal a bullish move toward the $0.6609 resistance level. A break above the $0.6609 resistance level could give the bulls a run at the $0.70 handle. SEC vs. crypto case-related updates, SEC-related news, and crypto-spot ETF chatter warrant investo...
XRP was up 15.9% as of Monday afternoon and is still up 160.6% since the start of the year despite the lawsuit news. Ripple is only one of the major cryptocurrencies that has been making rounds in the news lately. Bitcoin(CCC:BTC-USD) is, of course, among the biggest cryptocurrencies b...
since delisted XRP, and leading crypto asset manager Grayscale dissolved its XRP-focused trust. XRP was at one point the third-largest cryptocurrency by market capitalization, but has dropped in price considerably following the lawsuit. MoneyGram made the announcement Monday in itsQ4 earnings release...
However, this will depend heavily on the final outcome of the SEC vs Ripple lawsuit. You can view an XRP price prediction at on our dedicated price prediction page. The exchange predicts that the price for the crypto will increase gradually over time as more people adopt the new technology....
In 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple and its executives, Brad Garlinghouse and Christian Larsen, which accused it of conducting unregistered securities offerings worth over $1.3 billion via XRP sales. However, in July 2023, Ripple secured a par...
Update on the SEC Lawsuit Against Ripple On March 6, the Court issued a 57 page opinion deciding which opinions of the SEC’s and Ripple’s experts can be considered on summary judgment (and, if needed, at trial) and which opinions need to be “stricken.” Specifically, the SEC’s expe...
A class action lawsuit was filed on May 3rd against Ripple Labs Inc.—a fintech startup that controls the third-largest cryptocurrency in the world—and its CEO Brad Garlinghouse, alleging that Ripple sold unregistered, non-exempt securities in violation of federal and California state securities ...
In her order, Hamilton noted Ripple had argued the “misleading statement” claim should be thrown out, as XRP is not a security under the Howey test— citing a landmark ruling in July 2023 by Judge Analisa Torres in the lawsuit between the U.S. Securities and Exchange Commission and Ripp...
Update on the SEC Lawsuit Against Ripple On December 2, Ripple’s reply brief in support of its motion for summary judgment where the company asked the court to grant judgment in the company’s favor was madepublic. After two years of fighting this lawsuit on behalf of the entire crypto in...
Update on the SEC Lawsuit Against Ripple On July 12, Judge Netburndeniedthe SEC’s attorney-client privilege claims relating to drafts of a June 2018 speech by former SEC director William Hinman, which included remarks on why he did not consider offers and sales of bitcoin and ether to be ...