The race to $1 gets heated up for Dogecoin price, XRP price, and the ETFSwap (ETFS) tokens, with all three altcoins vying for attention.

10 XRP, the minimum reserve an XRPL account needs to be transacting on the network, is an obstacle for new user inflow. Such a "popular" opinion was shared by CEO and founder of XRPL-centric NFT and GameFi ecosystem XPMarket.

Most of the coins are coming back to the green zone, according to CoinMarketCap.

The United States Securities and Exchange Commission (SEC) still thinks Ripple–affiliated cryptocurrency XRP is a security despite a judge declaring the token a non-security in a historic ruling in 2023.

Crypto analyst Egrag has provided an historical analysis of the weekly XRP price chart, suggesting that the cryptocurrency is entering “uncharted territory.” Utilizing historical data and focusing on critical technical indicators.

Ripple CEO Brad Garlinghouse has recently spoken out about the company's decision to file a cross-appeal against the SEC. It should be recalled that earlier in October, the SEC appealed the decision ordering Ripple to pay a $125 million civil penalty on its XRP sales, a fraction of the $2 billion sought by the regulator.

Despite a court ruling stating that XRP is not a security, the U.S. Securities and Exchange Commission (SEC) continues to insist that it is. This stance has sparked significant speculation as Ripple, the company behind XRP, files a cross-appeal against the SEC's claims in the ongoing legal battle.

XRP bulls have started to resist the bears with their intense moves. While the price has not jumped massively yet, the long-term prospects of the Ripple-associated coin are optimistic.

TL;DR Ripple updates its Custody service with security and compliance improvements for crypto and fintech companies. The integration with XRP Ledger allows tokenizing real-world assets and accessing the XRPL DEX. Ripple Custody has grown 250% in clients, with availability in key markets like the U.S. and Switzerland.

The XRP price has jumped by 2.5% in the past 24 hours, rising to $0.54 after Ripple filed a cross appeal against the SEC yesterday.

After suffering a 16.84% drop in the past week, XRP lost its key support level at $0.54 and almost became a sub-50-cent token. However, buyers took the risk and managed to restore the value of the token to almost this important price level.

For close to four years, the price of XRP has faced an almost unending drawdown. This is because of the U.S. Securities and Exchange Commission (SEC) lawsuit, which has triggered bearish sentiment for the coin.

Lawsuit could establish a precedent for classifying digital assets in the future.

Bitnomial challenges SEC's classification of XRP as a security. The SEC filed a notice of appeal in the Ripple case last week.

Ripple files a cross-appeal against the SEC, sparking a 2% XRP price surge amid ongoing cryptocurrency regulatory battles.

In an interesting development in the SEC lawsuit, Ripple announced yesterday it had filed a cross-appeal of Judge Torres's final judgment, which was entered on Aug. 7, 2024.

The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.

Crypto derivatives exchange Bitnomial has sued the United States Securities and Exchange Commission over the agency's attempt to “overextend its jurisdiction” to crypto derivatives. In the lawsuit filed on October 10, Bitnomial accused the SEC of trying to claim regulatory authority over the crypto exchange's planned offering of XRP Futures contract.

The SEC had warned Bitnomial that offering XRP Futures could violate securities laws without additional compliance.

Bitnomial Exchange, LLC has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners on October 10, contesting the SEC's claim that XRP is a security.

The US SEC has refused to back down on the security status of XRP, despite a court ruling finding that the crypto is “not a security.” Recently, the leading crypto derivatives exchange, Bitnomial has sued the agency over its claims that the crypto's futures are “security futures”.

XRP faces key resistance at $0.56, but will bulls spark a recovery now?

Bitnomial, a digital asset derivatives exchange, has filed a lawsuit against the US SEC over its attempt to assert jurisdiction over the planned XRP Futures contract. It claims that this product is regulated by the CFTC and not the SEC.

In the latest update in the Ripple vs SEC lawsuit, the company is about to file a cross-appeal much before the SEC's filing an appeal in the last week. The Ripple CLO ensure that with this move, nothing should be left on the table.

This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain.

In the lawsuit, Bitnomial has challenged the SEC's assertion that XRP futures contracts fall under its jurisdiction as “security futures”.

XRP whales nabbed significant investor attention on Friday, moving millions of coins after Ripple filed a cross-appeal against the U.S. SEC in the XRP lawsuit. Recent on-chain data suggests that nearly 81 million coins were sent to crypto exchanges over the past day, raising market concerns despite the recent filing that supports the American blockchain

Ripple's Chief Legal Officer recently announced that the company has filed a cross-appeal, aiming to close any remaining issues.

Among the novelties, there is the integration of XRPL for the tokenization of RWA.

Here's the latest update on the Ripple v. SEC front.

Ripple announced several updates to its Ripple Custody platform on 10 October 2024, aimed at enhancing the infrastructure used by fintechs and crypto businesses to manage digital assets.

The SEC said that XRP is a financial security and requested Bitnomial to register as a national securities exchange, according to the filing.

On 10 October 2024, Bitnomial Exchange LLC filed a complaint in the United States District Court for the Northern District of Illinois, seeking declaratory and injunctive relief against the U.S. Securities and Exchange Commission (SEC).

Crypto derivatives platform Bitnomial has sued the United States Securities and Exchange Commission over its claim that XRP futures are securities and subject to the agency's jurisdiction. In an Oct.

Bitnomial, a digital asset exchange, is pushing back against the SEC. The SEC says that XRP futures should be treated as securities. Bitnomial disagrees. This legal fight could have big consequences for crypto trading in the U.S. Let's break it down.

According to Bitnominal, a CFTC-regulated digital asset derivatives exchange, the U.S. Securities and Exchange Commission continues to believe that the XRP token is a security.

Brad Garlinghouse, Ripple CEO, accused the US Securities and Exchange Commission (SEC) of disregarding the rule of law following their ongoing legal battles. He criticized SEC Chair Gensler for “creating havoc” and stifling US innovation.

Ethereum, XRP, and Solana show downside risks in the short term, with Ethereum and Solana forming bearish patterns and XRP targeting a 13% drop, according to technical analysis following the latest U.S. inflation report.

In the ongoing legal battle, Ripple filed a “cross-appeal” on October 10, 2024, following the United States Securities and Exchange Commission's (SEC) recent appeal earlier this month. With this cross-appeal, both Ripple's and SEC's appeals will now be handled together in one case.

XRP price is moving higher from the $0.5220 support. The price could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels.

Chicago-based digital asset derivatives exchange Bitnomial has initiated legal action against the U.S. Securities and Exchange Commission (SEC), challenging the agency's claim that XRP futures fall under the category of “security futures.”

The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it's a security, Bitnomial said in a lawsuit.

The lawsuit could set a precedent for how crypto derivatives are regulated, potentially reshaping the SEC's authority over digital assets. The post Bitnomial files lawsuit against SEC, challenges its claim that XRP futures are securities appeared first on Crypto Briefing.

Bitnomial, a cryptocurrency derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over the regulatory authority concerning XRP futures contracts. The lawsuit disputes the SEC's claim that XRP futures are “security futures,” which would place them under the agency's jurisdiction.

Ripple announced on October 10 that it would file a cross-appeal with the U.S. Court of Appeals for the U.S. SEC vs. Ripple lawsuit.

The SEC contacted the exchange to express that it would be violating federal securities laws if it proceeded with the XRP futures listing.

A range of new features for Ripple Custody are now available for institutional clients to cater to the demand for robust and secure custodial solutions.