The U.S. Securities and Exchange Commission (SEC) has filed its Form C, appealing a court ruling that addressed the nature of Ripple's XRP sales. The appeal centers on three primary issues: the sale of XRP through exchanges, the distribution of XRP to employees, and the transactions made by executives Brad Garlinghouse and Chris Larsen.

Ripple's substantial XRP transfers amid SEC lawsuit developments raise concerns over market impact and future price movements.

In a recently published tweet, Ripple CTO David Schwartz, known on the X social media network as @JoelKatz commented on an X post by another user and added his comment which most likely refers to the legal overreach of the US Securities and Exchange Commission regarding crypto and “unregistered securities.”

The price action that XRP (XRP) has experienced over the course of 2024 has been quite erratic and volatile.

Chris Larsen's eleventh-hour legal filing averts a procedural setback for Ripple, keeping their defense strong in the high-stakes SEC lawsuit.

The cryptocurrency landscape evolves, recent developments highlight a stark contrast among the top ten digital assets. While Bitcoin is experiencing a significant breakout, XRP is struggling to maintain its momentum.

According to Coinglass, if Ripple's (XRP) price hits $0.60, it will wipe out millions of dollars in open contracts. The derivatives information portal indicates that this level represents the highest XRP liquidation price.

According to on-chain data, Ripple has transferred 60 million XRP in different transactions to anonymous wallets. This development comes amid the announcement of a strategic collaboration between Garanti BBVA and Ripple aimed at enhancing the performance and security of Garanti BBVA's growing digital platform.

The mainstream adoption of crypto assets in the European market has helped Garanti BBVA to offer diverse products to its growing customer base.

Robinhood Crypto EU on Wednesday said it has decided to add Stellar (XLM) to crypto transfers, increasing the number of cryptocurrencies supported in the service. XLM price continued to drop as traders considered a broader market sentiment, with price down 1% in the last 24 hours.

In an exciting move for the Turkish crypto market, Garanti BBVA has announced a partnership with Ripple and IBM to enhance its crypto trading platform, offering advanced security and custodial services to its growing customer base.

According to one popular analyst, XRP will aim for a new peak as long as it does not crash below $0.39.

According to one popular analyst, XRP will aim for a new peak as long as it does not crash below $0.39.

Could XRP be the next big thing in cryptocurrency? See what one wealth manager is saying about its long-term potential.

Following the SEC appeal, the XRP coin price had experienced a major price action. However, over the past few days, its price has stabilized to a notable extent.

Known as a legal expert and former SEC director in San Francisco, Marc Fagel recently made headlines with an important comment regarding the commission's case against Ripple, a cross-payment provider using the XRP cryptocurrency.

XRP price could be in danger as the asset broke below a key support level. With the ongoing legal battles and regulatory scrutiny against Ripple, investors are left questioning whether XRP could drop to zero.

Ben “BitBoy” Armstrong, a well-known figure in the crypto community, made headlines with a bold assertion: he believes that XRP will soon overtake Ethereum (ETH) to become the second-largest cryptocurrency after Bitcoin (BTC). This claim has ignite a lively debate among crypto enthusiasts and investors alike.

In the latest announcement, Turkish banking giant Garanti BBVA Kripto announced its partnership with Ripple Inc. and IBM to provide enhanced and secure crypto trading and custodial services to its clients. This is the first major customer after the blockchain firm launched its Ripple Custody solution earlier this month.

Ripple co-founder Brad Garlinghouse has endorsed XRP lawyer John Deaton, in his run for Senate against anti-crypto Senator Elizabeth Warren, citing Deaton's strong support for the XRP community and the wider crypto industry.

John Deaton, a pro-crypto lawyer and challenger against US Senator Elizabeth Warren, is gaining back to back support of key inflation industry leaders. Ripple CEO, Brad Garlinghouse, is the fresh addition to this tally.

Ripple has moved another 60 million XRP tokens from its wallet, after it moved 200 million XRP, on Wednesday. This has sparked speculation within the XRP community whether it is related to the lawsuit appeals filed in the US Court of Appeals for the Second Circuit.

Former SEC lawyer Marc Fagel has stepped into the spotlight to provide essential insights into the ongoing legal drama in the Ripple vs SEC case. Recently, the United States Court of Appeals for the Second Circuit filed an “Acknowledgment and Notice of Appearance Default Notice” in the SEC v. Ripple case.

Avalanche has launched a new Visa card enabling zero-fee crypto payments, marking a significant step toward mainstream adoption.

The U.S. Securities and Exchange Commission (SEC) has ramped up its legal fight against Ripple Labs by filing a new appeal regarding the classification of XRP. This move challenges a pivotal ruling from Judge Analisa Torres, which previously stated that Ripple's programmatic sales of XRP do not qualify as securities.

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%

The Avalanche Foundation has announced a partnership with Visa for their recently launched Avalanche Card.

As the Ripple vs. SEC case progresses, the SEC has filed a notice of appeal in the Second Circuit Court a few days ago. The appeal focuses on three key points: the sale of XRP through exchanges, Ripple's distribution of XRP to employees, and the sales made by executives Brad Garlinghouse and Chris Larsen.

XRP, the sixth largest cryptocurrency by market capitalization, has seen an interesting trend in its transaction activity, despite a few notable declines in other metrics. A recent analysis by a CryptoQuant analyst, Wenry, sheds light on key trends within the XRP ecosystem, offering insights into the activity happening behind the scenes.

The ongoing SEC vs Ripple lawsuit is approaching a critical juncture as Ripple co-founder Chris Larsen steps in with a key legal move. Larsen filed a Notice of Appearance just days before the crucial Form C deadline, preventing a default in the company's cross-appeal against the U.S. SEC.

Aurum Equity Partners has launched a pioneering $1 billion fund on the XRP Ledger, combining tokenized equity and debt.

In the ongoing Ripple lawsuit, the blockchain startup is seen flexing muscles at the last moment as it approaches the Form C submission deadline. Ripple co-founder Chris Larsen finally filed the Notice of Appearance as the US Appeals Court for the Second Circuit snubbed the firm a day before warning them of procedural default.

XRP is predicted to soar past $16, potentially overtaking Ethereum in 2025, as forecasted by crypto influencer Ben Armstrong. He attributes XRPs rise to its growing use in global banking and cross-border payments, positioning it as a unique asset in the crypto space.

XRP price is moving lower below the $0.5500 level. The bears might gain strength if there is a close below the $0.5200 support zone.

The exec's latest donation follows an earlier contribution of $1 million.

XRP struggles below $0.55 as court delays impact investor sentiment; broader crypto market watches SEC appeal.

Ripple CEO Brad Garlinghouse has endorsed John Deaton, a pro-XRP lawyer, in his bid to unseat Senator Elizabeth Warren in the Massachusetts Senate race. Garlinghouse praised Deaton for his advocacy for the crypto community, particularly the XRP Army, while accusing Warren of spreading misinformation about the industry.

A new artificial intelligence (AI) scam targets XRP holders, similar to the previous scam of a fake Elon Musk. Crypto users lament the proliferation of scams within the digital assets community, citing a lack of development.

Strong trading volume would be needed to break AVAX past local resistance zones.

Ripple (XRP), one of the top cryptocurrencies by market capitalization, has faced a challenging period recently. After a sharp decline, the price of XRP has hovered around the critical $0.5 support level.

What does Ripple co-founder's hefty $10M donation to Kamala Harris-supporting PAC imply for crypto legislation?

Ripple's native token, XRP, is trading at its lowest point in the past week. As of this writing, the altcoin exchanges hands at $0.53, noting an additional 3% price drop over the past 24 hours.

Ripple gets a 14-day extension to meet court filing requirements after receiving a default notice in SEC appeal. The post Ripple misses filing deadline risking setback in ongoing SEC case appeared first on Crypto Briefing.

Aurum Equity Partners has announced the launch of the world's first $1 billion fund combining equity and debt, tokenized through a collaboration with Zoniqx. This new venture, which will use the XRP Ledger (XRPL), represents a major development in the field of real-world asset tokenization (RWA), specifically targeting global data center investments.

The million-dollar financial boost comes as the Vice President intensifies her outreach to the industry.

Aurum Equity Partners launched a $1 billion tokenized equity and debt fund on the XRP Ledger, an enterprise-grade blockchain network linked with Ripple. The Fund will seek investments in data centers across the US, the UAE, Saudi Arabia, India, and Europe.

The XRP lawsuit is now elongated, with the appeal and cross-appeal from the US SEC and Ripple Labs, respectively. Earlier today, the US Appeals Court for the Second Circuit notified Ripple about a possible procedural default.