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”.

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

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.

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.

Today, Ripple Labs filed a notice of cross-appeal, indicating its readiness for the next step in the case brought by the US securities regulator almost four years ago.

Ripple has announced a major upgrade to its Ripple Custody service, aiming to deliver bank-grade crypto custody solutions to fintech firms and crypto businesses.

As investors seek the next big opportunity in the cryptocurrency space, ETFSwap (ETFS) is a strong challenger that could outperform Shiba Inu (SHIB) and Ripple (XRP) owing to its innovative approach and robust features.

Ripple Labs moved to file a cross-appeal in its years-long legal battle with the U.S. Securities and Exchange Commission over XRP sales.

San Francisco-based fintech firm Ripple is launching a new suite of crypto storage services designed to help banks and financial technology businesses securely store and manage crypto assets.

Ripple Custody, launched as a dedicated arm of the company, has introduced several upgrades to its platform. The updates include a new transaction screening service and more hardware security module (HSM) options.

The crypto ETF market is expanding at an alarming rate, with news of a second XRP Exchange Traded Fund (ETF) filing spreading across the space. Canary Capital, a boutique Sydney investment and corporate advisory firm has just filed an XRP ETF, following Bitwise's lead.

In a significant development in the ongoing litigation between Ripple Labs and the US Securities and Exchange Commission (SEC), Ripple announced the filing of a cross-appeal against the regulator.

Ripple Labs filed a notice of cross-appeal to the United States Court of Appeals for the Second Circuit on Oct. 10 as part of its ongoing legal battle with the US Securities and Exchange Commission (SEC).

Ripple has disclosed plans to take its legal battle with the SEC to a higher court in the United States.

Ripple has formally filed a notice of cross-appeal in its long-running legal brawl with the US Securities and Exchange Commission (SEC). The filing, submitted to the United States Court of Appeals for the Second Circuit, is Ripple's bid to contest SEC's appeal filed earlier this month.

Ripple Labs filed a cross-appeal as litigation continues in a case brought by the U.S. SEC almost four years ago.

Ripple Custody has experienced a 250% increase in new customer acquisition.

XRP is currently trading in a sideways range, having shown a slight upward movement overnight. However, it has not yet surpassed the previous swing high of 54.6 cents. If XRP fails to break above this level, the theory that a fifth wave downward has begun remains valid.

The feud continues: Ripple Labs has announced plans to file a cross-appeal in its ongoing legal case with the U.S. Securities and Exchange Commission.

Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA).

Ripple's Chief Legal Officer has revealed that his company has filed a cross-appeal in its case against the US Securities and Exchange Commission (SEC). This provides a new twist to the legal battle that has been ongoing since December 2022.

San Francisco-based enterprise blockchain company Ripple has filed a cross-appeal of the court's final judgment.

Ripple's cross-appeal could set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post Ripple files notice of cross-appeal in SEC lawsuit appeared first on Crypto Briefing.

XRP price recently experienced an 18% decline, falling from $0.64 to $0.52. Despite the broader market correction, XRP has managed to hold above this critical support level.

The SEC announced it was filing an appeal last week.

XRP price has been trending sideways for the past week, which is worrying for investors as this consolidation is part of a bearish continuation pattern. Despite the drop, XRP is still up 3.8% over the last 7 days, a small recovery from the steep fall the asset experienced at the start of October.

Major cryptocurrencies XRP, Solana and Chainlink might be candidates for a potential price rebound if indications presented by current market sentiment turn out favorable.

Digital asset infrastructure firm Ripple has introduced new features and functionalities for its custody solution. “Custody is a key entry point into the digital asset economy, and it's only growing,” Ripple said in a Thursday (Oct. 10) press release.

Levi Rietveld, a popular crypto analyst with 122,000 followers on X, has released a new video detailing how XRP could potentially surge to $60 overnight by capturing a fraction of SWIFT's transaction volume. “XRP will hit $60 overnight with this SWIFT news!

In an interview on Crypto Law TV, attorney James Murphy, also known as “MetaLawMan,” sat down with host Kristi Warner to discuss the latest developments in the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). Murphy discussed the SEC's recent appeal and the potential avenues Ripple might explore in response.

TL;DR Ripple launches a cryptocurrency custody service for banks and fintech under the Custody brand. The service includes integration with XRP Ledger, facilitating transactions in a decentralized exchange. The custody service grew by 250% in customers, highlighting users like HSBC, BBVA, and Societe Generale.