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...
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...
Ripple is currently engaged in afederal lawsuitover this very issue of its relationship with XRP and whether they misled customers to buy XRP. The case is currently ongoing and no decision is expected in 2019. Roadmap Ripple, the company, will continue to court and onboard banks onto its Ri...
Since late 2021, Ripple (XRP) coin has been suffering from a bullish and sometimes consolidating pressure due to the effects of SEC’s Lawsuit which is still yet to be settled. Despite the recent price stagnation of Ripple coin, the ne...
It seems like the crypto community is already giving up on XRP, but what would become of XRP still remains uncertain as Ripple Labs has pledged to win the lawsuit. They claimed they are right and are ready to fight aggressively. Coinbase tends to be vulnerable to adjusting its actions regar...
Update on the SEC Lawsuit against Ripple Last quarter, Ripple hit a milestone with the conclusion of the fact discovery phase on August 31 – the formal process of exchanging information, including exchanging documents and taking testimony, relevant to the case. The case is currently in the exper...
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 ...
Q4 (and part of Q1 2022) Update on the SEC Lawsuit against Ripple December 22 marked theone year “anniversary”of the SEC lawsuit against Ripple – and the company continues to seek clear regulatory guidance within the U.S. Notably, theWall Street Journalpublisheda Letter to the Editor from...