However, no one knows what Judge Analisa Torre’s decision will be. In my opinion, there are three possible scenarios : Bullish scenario: Ripple wins the case against the SEC, and the token gets relisted on American exchanges. – In this case, XRP should continue higher. Neutral ...
While holders expect a favorable decision from the courts, XRP (XRP) has been down in the last 24hrs. The project trades at $0.45 with a market cap of $23,303,555,251. Analysts predict the coin to reach $0.83 within Q2 2023. Tron (TRX) Prepares For Breakout With more peop...
Ripple and the SEC have now both submitted their final round of briefs seeking a summary judgment to the case. The case now rests with Judge Analisa Torres of the Southern District of New York, who is expected to issue a verdict soon. It is not clear when she will make her decision....
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...
Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple.
Overall, the bullish scenario for XRP remains dependent on a Ripple win against the SEC in the near term, while a “sell the news” scenario should also not be ruled out. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and...
“The thing with XRP is it’s almost like a too big to fail, too far along,”Minihan toldCrypto Briefing,who went on to explain that the same motivations lay behind the SEC’s decision tonot label Ether a security. “Basically, if you torpedo Ether, you’re going to tank the whole ...
Of course, you don’t know what tricks the SEC has up its sleeve. Therefore, you should proceed very cautiously, if at all. On the date of publication, Josh Enomoto held a long position in BTC and XRP. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker...
A high-level overview of Ripple USD (XRP-USD) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
Some of the analysts and experts had suggested that the decision had been made in respect of Genesis Global Trading. Genesis Global Trading had been the exclusive participant of the Grayscale’s large-cap fund. However, since Genesis too had completely suspended its XRP trades, the...