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.
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%
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.
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.
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.
In the shadow of the American elections, Chris Larsen from Ripple slides 10 million XRP to Kamala Harris, causing a stir in political and crypto ranks.
The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the "world's first combined equity and debt tokenized fund."
With October fast coming to an end, the "Uptober" reality check is becoming more visible for digital currencies like XRP. According to data from Cryptorank, XRP has lost more than 12% of its value, casting doubts on potential rebounds moving forward.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
Ripple Labs co-founder Chris Larsen has drawn attention with substantial donations to Democratic presidential nominee Kamala Harris.
The price of popular cryptocurrency XRP may be on the verge of a free fall. Such assumptions are inspired by the worrying price action of XRP that has occurred in the last few hours.
In a recent X interaction, Ripple's Chief Technology Officer David Schwartz responded to speculation about the future price of XRP, addressing the ongoing curiosity in crypto circles.
Tesla CEO Elon Musk mentioned Ripple's (CRYPTO: XRP) ledger in a recent town hall event. This comes amid controversies surrounding co-founder's political donations and SEC scrutiny.
The “Uptober” is coming to an end while bringing some indicators that suggest a bull market could be starting. In this scenario, Ripple sold over $100 million of 200 million XRP amid a shy recovery of the token's price while disclosing a $10 million donation to Kamala Harris.
On the daily chart, the price of the cryptocurrency is trapped between moving average lines.
Chris Larsen, the co-founder of Ripple, has recently made headlines for his $10M XRP donation to the U.S. Vice President Kamala Harris. While he claims the donation is aimed at promoting technological innovation and fostering crypto-friendly policies, it has ignited significant backlash from the crypto community.
Explore Ripple (XRP) price analysis and the latest updates on the SEC lawsuit. Will XRP break key resistance levels or face further downside?
Ripple chief executive officer Brad Garlinghouse has published a tweet, in which he made a comment on Elon Musk, recently talking about crypto when asked about future prospects on XRP during one of his public talks.
Chris Larsen, the co-founder and Executive Chairman of blockchain payments company Ripple, has donated another $10 million worth of XRP — the seventh-largest cryptocurrency by market capitalization — to boost Vice President Kamala Harris as she faces off against Republican nominee Donald Trump in the 2024 United States presidential election.
As the 2024 elections approach, some analysts believe that Vice President Kamala Harris might consider a significant change in the SEC leadership as a strategic move. Recent reports suggest that Harris is considering replacements for SEC Chair Gary Gensler.
XRP price has been on the investors' radar, especially amid a flurry of developments surrounding Ripple. Amid this, a renowned figure in the crypto market predicts the crypto will rally to $16, potentially surpassing Ethereum in its run.
Anti-crypto Senator Elizabeth Warren faced heat from Elon Musk and pro-XRP lawyer John Deaton for lying continuously ahead of the US elections. Elon Musk and Deaton were seen on the same side after Donald Trump-supporter Musk also endorsed John Deaton for Senate.
XRP, the seventh largest cryptocurrency by market capitalization, has seen an impressive $1.21 billion in trading volume over the past 24 hours, indicating increased market activity amid a broader crypto market sell-off.
Ripple's managing director of ME Reece Merrick keen to launch RLUSD stablecoin in UAE
XRP investors are fighting not only a legal battle but also a long price battle. Recently, XRP has shown massive price fluctuations, and now the question arises: is XRP on the verge of a breakout? Here's a bold prediction related to the XRP price; let's read on.
XRP, the digital asset associated with Ripple, has recently witnessed a remarkable uptick in on-chain activity, signaling renewed interest from users and investors, even as its price struggles to gain traction in the competitive crypto market. Despite facing regulatory challenges and a notable price decline, the XRP Ledger (XRPL) is experiencing significant user engagement, suggesting that the community remains optimistic about the asset's future.
XRP started trading at $0.54 on Tuesday, Oct 22, showing little movement as it remained stuck in a narrow 2% range over the past week.
Ripple CEO Brad Garlinghouse has reaffirmed the company's commitment to a bipartisan approach in supporting pro-crypto politicians ahead of the upcoming US elections. In an Oct.
Tech titans Elon Musk and Brian Armstrong back pro-XRP lawyer John Deaton in Massachusetts Senate race against Elizabeth Warren
Ripple's Chief Legal Officer, Stuart Alderoty, outlines several scenarios that might play out regarding the outcome of the legal dispute between Ripple and the U.S. Securities and Exchange Commission. In an X post, Alderoty predicts that the U.S.
Popular blockchain tracker Whale Alert, which monitors large cryptocurrency transactions and shares the details on the X social media platform (formerly known as Twitter), spreads the word about an enormous XRP transfer conducted by Ripple behemoth.