In a significant win for Ripple Labs and XRP, the company has reached a settlement with the US Securities and Exchange Commission (SEC) that will effectively conclude their prolonged legal battle.

XRP recently showed signs of a bullish breakout, pushing above the 50-day EMA at $2.39 and briefly testing the upper boundary of its descending channel. However, the move lacked momentum, with price action stalling at $2.44, a modest daily decline of 0.32%.

Ripple Labs appears to be nearing the end of its years-long legal battle with the U.S. Securities and Exchange Commission (SEC), emerging with a significant victory. Ripples Chief Legal Officer, Stuart Alderoty, announced via X that the SEC will return $75 million of the $125 million fine Ripple paid last year.

As the SEC vs Ripple lawsuit is coming to an end with the blockchain firm paying a $50 million penalty, developments on an XRP ETF are gathering pace once again. In his latest Bloomberg interview, CEO Brad Gralinghouse said that it's important to have this exchange-traded fund, while just falling short of accepting that they

XRP price started a fresh recovery wave above the $2.450 zone. The price is now struggling to clear the $2.480 and $2.50 resistance levels.

Big news coming out of the SEC vs. Ripple case—it's officially over! Last week, the SEC dropped its appeal, and now a final resolution has been reached. Ripple will pay a $50 million fine and it has also agreed to drop its cross-appeal, and the judge's earlier injunction will be lifted.

The long-running legal battle between the SEC and Ripple has reached its final stages. Last week, the SEC agreed to drop its appeal without conditions, and Ripple has now decided to drop its cross-appeal.

The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) is officially over. Last week, the SEC decided to drop its appeal, clearing the way for a final resolution that both sides have now agreed on.

XRP is up more than 8% over the past seven days, but it hasn't been able to maintain the strong momentum sparked by the SEC dropping its lawsuit against Ripple.

Ripple has agreed to settle its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), dropping its appeal and agreeing to pay $50 million of the originally imposed $125 million fine.

XRP's pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe.

The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S.

Despite its recent push for recovery Bitcoin is currently dealing with a potentially negative development. Bitcoin is currently trading at $87,124 down 0.44% on the day.

Crypto analyst Dark Defender has issued a bold outlook for XRP, stating on X that the asset is on a clear path toward multiple upside targets. His remarks come at a time when the asset bulls are trying to hold a support level at $2.

Ripple settles with the SEC, agreeing to pay a $50 million penalty and dropping its cross-appeal, marking the near conclusion of a long-standing lawsuit that began in 2020. The SEC will retain $50 million of the original $125 million fine, with the remaining $75 million returned to Ripple. The post Ripple Settles With SEC: Pays $50M, Case Nears Conclusion appeared first on Cryptonews.

Was the legal victory only a brief reprieve?

Ripple drops cross-appeal, ending its battle with the SEC. Legal clarity may boost XRP price, ETF approval odds, and Ripple's U.S. expansion.

Ripple Labs has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a reduced $50 million fine in a case that has been closely watched by the cryptocurrency industry.

The SEC first sued Ripple Labs in 2020.

Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,471.10 +0.03% Ethereum (CRYPTO: ETH) $2,079.34 -0.6% Solana (CRYPTO: SOL) $145.94 +2% XRP (CRYPTO: XRP) $2.46 -0.3% Dogecoin (CRYPTO: DOGE) $0.1910 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001376 +0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%.

Ripple's Chief Legal Officer announced today that its XRP lawsuit with the SEC is approaching the final legal phase. The SEC will keep $50 million from the previous $125 million fine and return the rest to Ripple.

Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.

Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company's chief legal officer said on Tuesday.

Ripple has agreed to pay the US Securities and Exchange Commission (SEC) a $50 million penalty and drop its cross-appeal in the regulator's lawsuit. In exchange, the SEC will ask for the lifting of an injunction that prohibits Ripple from selling XRP to institutions.

Ripple has dropped its appeal against the U.S. Securities and Exchange Commission after paying $50 million of the $125 million penalty tied to its long-running lawsuit, according to a detailed statement posted by Stuart Alderoty, Ripple's Chief Legal Officer. The remaining $75 million—held in an interest-bearing escrow account—is being returned to the company.

XRP trading activity remained subdued on Tuesday, holding steady after opening the week around $2.47.

Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally.

Either chain's integration to SWIFT ecosystem would open doors to a gigantic $150T market & instant bank payments.

Ripple has agreed to drop its appeal against the U.S. Securities and Exchange Commission, according to Ripple chief legal officer Stuart Alderoty.

Ripple's legal battle with the SEC is finally over! The crypto giant has dropped its cross-appeal, marking the official end of the case. The SEC will keep $50 million, and Ripple gets back $75 million from the $125 million fine.

Ripple has decided not to cross-appeal, the firm's chief legal officer said, bringing the SEC's case quickly to a close.

Blockchain firm Ripple Labs' case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to court approval.According to a March 25 X post from chief legal officer Stuart Alderoty claiming what could be “the last update on SEC v. Ripple ever,” the executive said Ripple will drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit.

The settlement's conclusion may set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post SEC vs Ripple set to end as $50M settlement and dropped appeals clear final steps appeared first on Crypto Briefing.

Ripple's CLO informed that the company will pay a minor fine.

Ripple has dropped its cross-appeal against the US Securities and Exchange Commission (SEC) following the latter's decision to drop its case against the crypto firm last week. The firm's Chief Legal Officer (CLO), Stuart Alderoty, also revealed what will happen with the $125 million penalty the Court awarded against them.

Ripple will pay $50 million of the original $125 million fine, with the remainder returned from escrow.

Stuart Alderoty, chief legal officer at Ripple, has announced that the company's long-lasting legal battle with the U.S. Securities and Exchange Commission is finally over after more than four years.

A cryptocurrency researcher has come forth with a bold and troubling claim — dubbing XRP the ‘biggest financial scam the world has ever seen'.

Ripple CEO Brad Garlinghouse said the SEC has finally pulled the plug on a four-year legal fight.

The crypto market lost momentum on Tuesday, with Bitcoin price pulling back from this week's high of $89,000. Other altcoins like Ethereum (ETH) and Ripple (XRP) remained in a tight range.

XRP price has risen by more than 4 percent in the last week but faces resistance at $2.47. What will it take to break above that barrier?

The cryptocurrency price prediction today, March 25, is bullish after the US stock market recorded its best trading day in history after adding more than $1.5 trillion. These gains coincided with a recovery across the cryptocurrency market with Bitcoin price reaching a two-week high above $88,000.

XRP has dipped by 1.5% in the past 24 hours, yet the possibility of Ripple's IPO could send it flying to new highs later this year. The post Will Ripple's IPO Launch Spark an XRP Breakout? Key Price Levels to Watch appeared first on Cryptonews.

There is something about April that XRP just can't shake - a stubborn, almost predictable slump that keeps repeating no matter how optimistic the broader averages look on paper. March did its part, delivering yet another positive close like clockwork, the third in a row, right in line with historical expectations.

XRP has stalled this week even after Ripple CEO Brad Garlinghouse shared his views on how Ripple will compete with SWIFT. Ripple (XRP) was trading at $2.40 on Tuesday, holding steady over the past few days.

XRP is once again at a crucial juncture as it attempts to break above the daily 50-day Simple Moving Average (SMA).

This new addition builds on the company's existing acceptance of $ETH and $BTC. This will allow customers from Open House to use a wider range of digital assets to purchase property.

XRP's recent rally, partly driven by news of the Ripple case conclusion, continues to push the asset to new highs, potentially shaking up the cryptocurrency rankings by market capitalization.