It could be a pivotal week for XRP and the broader crypto market. A court ruling in the ongoingSEC v Coinbase(COIN) case could forestall SEC plans to appeal the Programmatic Sales of XRP ruling. In June 2023, the SEC filedchargesagainst Coinbase for allegedly operating as an unregistered ...
alleging that the XRP token is an unregistered security. Although the case has not yet reached a conclusion, several exchanges and platforms serving U.S. customers have delisted XRP. The final decision in the court case will have great implications for the future of the token. ...
Also, it needs to be remembered that XRP has one major piece of news to look forwards to: the end of the Ripple-SEC case, which could start a major rally if it ends in a favorable settlement or judgment for Ripple. All major pieces of evidence have been submitted in the...
Coinciding with the court filing, SEC Chair Gary Gensler delivered aspeechat a Columbia Law School Conference. Chair Gensler discussed the crypto market and the need to register with the SEC at the end of a prepared speech, saying, “There are participants in crypto securities markets that seek...
1. The SEC Lawsuit is Almost Over In December 2020, the US Security and Exchange Commission initiated a court case against XRP for offering an unregistered security offering during its initial coin offering. SEC accused Ripple that it raised more than $1.3 billion in capital in 2013 by selling...
XRP’s price trajectory has been relatively healthy, especially since Ripple partiallywonits court case against the United States Securities and Exchange (SEC) Commission. AfterRipple’s win in July, XRP climbed more than 70% within 24 hours, hitting $0.7938. Although Bitcoin has outperformed XRP...
周日,瑞波币下跌 1.35%,以 8.30% 的跌幅结束了本周。SEC v Ripple 案结果的不确定性以及更广泛的加密货币市场导致 XRP 在交易日出现亏损。技术指标仍然看跌,XRP 位于 50 日均线下方,支持近期跌至 0.30 美元。周日,瑞波币下跌 1.35%。 XRP 扭转了周六 0.82% 的涨幅,本周收盘下跌 8.30% 至 0...
Tuesday (July 19) was a tough day for cryptocurrency exchanges that trade Ripple (XRP). Brad Sherman, D-California, the Chair of a Congressional subcommittee focused on the Securities and Exchange Commission’s (SEC) enforcement division, called for the
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...
At the same time, traders must consider potential negative news related to the SEC v. Ripple lawsuit, which could hurt the market and potentially send XRP’s price below its current support. Related: Bitcoin price ‘clusters’ hint at more downside: Is BTC about to lose $64K support? This...