Ripple and SEC's appeals process moves forward with new filings, while third-party briefs are poised to play a decisive role.
In a recent development in the Ripple litigation in California, a U.S. District Court Judge issued orders on several motions, bringing further clarity to the ongoing lawsuit in which plaintiffs allege securities law violations by the cryptocurrency company. The parties involved in the XRP lawsuit have scheduled settlement talks as the court prepares for a pretrial conference on Dec. 19 and jury selection on Jan. 21, 2025.
Ripple Labs has formally appealed a crucial $105 million judgment in its prolonged legal case against the U.S. Securities and Exchange Commission (SEC), marking a significant moment in the regulatory debate over cryptocurrency. Attorney Jeremy Hogan, who has closely followed the case, points out that Ripple's legal arguments have broader implications for the crypto industry, potentially challenging the SEC's framework and raising key questions around what constitutes an “investment contract.
Ripple Labs has moved to challenge the SEC in the US Court of Appeals for the Second Circuit, filing a Form C cross-appeal to contest key aspects of the SEC lawsuit.
Learn about Ripple (XRP), a digital currency designed for fast, low-cost international payments. Discover how it works, its uses, and its impact on finance.
Ripple Labs Inc. made headlines as it filed a detailed pre-argument appeal statement in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). This filing outlines four major issues that Ripple seeks to challenge in its cross-appeal, marking a significant step in the company's efforts to clarify its position regarding the sale and classification of XRP.
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Ripple vs SEC is moving in circles with no end in sight, Legal expert Fred Rispoli has explained that Ripple's appeal in the SEC case will focus heavily on paperwork, not new evidence or a trial. Each side will file written briefs—an opening statement, an opposition, and a reply.
Automated Market Makers (AMMs) have experienced an "extreme" increase in volume.
Bitcoin is trading at the edge of a descending broadening pattern and is poised for an upside move, while Ethereum and XRP remain bearish with uncertain price direction.
XRP stabilizes above $0.50 as Ripple, SEC appeals unfold. Investor sentiment cautious amid ongoing legal battles.
XRP, the cryptocurrency often associated with the Ripple network, has been generating buzz lately, primarily due to ongoing legal developments with the U.S. Securities and Exchange Commission (SEC) and Ripple's CEO publicly backing Kamala Harris in the upcoming elections. Despite this attention, XRP's recent price trends paint a picture of uncertainty and volatility, leaving investors and traders on edge.
The ever-fluctuating world of cryptocurrencies, recent days have witnessed a surge in price volatility, rekindling interest among investors and traders alike. Notably, two altcoins, Solana (SOL) and Ripple (XRP), have been in the spotlight, drawing significant attention due to their dramatic price movements.
The SEC vs. Ripple Labs fight is getting more heated and attorney Fred Rispoli said one of the possible outcomes of this saga could be Ripple winning.
Ripple CTO David Schwartz has dismissed the legal case against Character.AI, asserting that it lacks merit under U.S. law. Schwartz expressed his views on social media, emphasizing that while he does not defend Character.AI's moral responsibility, the legal arguments made against the company are flawed.
XRP price recently struggled to regain bullish momentum, with the altcoin declining since the start of October. Initially trading well above $0.60, the altcoin has now dipped to $0.51, raising concerns among investors.
Ripple CEO Brad Garlinghouse has made headlines recently by acknowledging a significant misstep in the company's approach to U.S. regulators. Speaking at DC Fintech Week, he expressed regret for not engaging with regulators earlier, a move he now sees as critical given Ripple's ongoing legal challenges with the U.S. Securities and Exchange Commission (SEC).
Ripple intensifies its legal fight against the SEC as XRP network activity surges, hinting at potential revival amid ongoing challenges.
Crypto analyst Egrag Crypto has predicted that the XRP price can reach $95 soon. This prediction has raised eyebrows considering the crypto's current price.
Ripple-affiliated cryptocurrency XRP has been in the spotlight lately, partly due to legal developments in the case with the United States Securities and Exchange Commission.
Ripple's active sending addresses reached their highest point in six months - Is a bull run coming?
In the latest development in the ongoing SEC v. Ripple lawsuit, the United States Securities and Exchange Commission has requested a deadline to file its principal brief, aiming for Jan. 15, 2025.
The weekend has started bearish for the majority of the coins, according to CoinMarketCap.
The ongoing legal battle between the SEC and Ripple Labs is heating up, as the SEC has formally requested an extension for its principal brief deadline, pushing it to January 15, 2025.
XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading volumes, skyrocketing by 58% in the last 24 hours. This spike coincides with a broader sell-off in the cryptocurrency market, which saw a staggering $377 million in liquidations.
As reported by U.Today, in May 2024, Ripple chief executive officer Brad Garlinghouse, while talking about crypto and blockchain on a podcast, mentioned that he expected a “Black Swan event” to happen to Tether over its chief product – USDT.
XRP has recently witnessed a surge in blockchain activity, marked by a significant rise in the number of active sending addresses, according to latest data. This increase in active addresses comes amid the asset's continuous struggle to register any significant rally in price.
XRP price has crashed nearly 27% since forming a local top on September 29, 2024, at $0.664. With crypto markets sliding lower due to the Tether FUD and escalation of the Israel-Iran conflict, Ripple will also continue its descent.
XRP may soon join that list if it can replicate the stunning performance of Binance Coin (BNB) from 2020 to 2021. As the market undergoes a bullish phase, XRP, once hindered by legal challenges, now stands poised for a potential rebound.
Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range in the past 24 hours and is currently trading in the $67,000 level. Major altcoins such as Ethereum, Solana, and Ripple have experienced declines over the past 24 hours.
The crypto giant Ripple is intensifying its legal battle against the SEC by filing an appeal that could redefine the regulation of digital assets in the United States. This new phase of the conflict comes as the company challenges the classification of some of its XRP sales as unregistered securities.
US district court judge issued orders on multiple motions in the In re Ripple Labs Inc Litigation. The orders present further clarity in the lawsuit as plaintiffs alleged securities law violations by payment firm Ripple Labs.
Ripple has submitted its civil appeal pre-argument statement, commonly referred to as Form C.
Crypto rout sends XRP below $0.50. Ripple's cross-appeal fuels legal debate as SEC delays draw investor criticism.
Ripple CEO Brad Garlinghouse believes that there will be advancements in cryptocurrency regulation following the U.S. presidential election. Speaking at the Crypto Investor Day, Garlinghouse addressed a cross-appeal filed last night that seeks clarification on whether an investment contract under the Securities Act must be explicitly defined.
Ripple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP's non-security status remains untouchable due to strict court review limits.
Ripple Labs is at a pivotal juncture as it continues to battle the U.S. Securities and Exchange Commission (SEC) over the status of its cryptocurrency, XRP. The case has garnered significant attention not only due to its implications for Ripple but also for the broader cryptocurrency market, as it could influence regulatory practices moving forward.
A potential golden cross, which has historically signaled large price increases for assets, is what Shiba Inu is slowly approaching right now. The golden cross formation has been progressively approaching reality as SHIB has been gaining momentum in recent weeks.
Recent claims have circulated suggesting that the SEC is bound by Local Rule (L.R.) 25.1 to submit a Form D and pay a docketing fee of $505 within 14 days of initiating their civil appeal.
The cryptocurrency market is experiencing heightened pressure as bearish sentiments gain traction, particularly affecting assets like Shiba Inu (SHIB), XRP, and Bitcoin (BTC). Each of these cryptocurrencies is approaching critical support levels that could determine their short-term trajectories.
Ripple (XRP) price has dropped by 11.09% over the last 30 days, and current indicators suggest further caution. The Relative Strength Index (RSI) is at 38.93, indicating a downtrend but not yet signaling oversold conditions.
Ripple CEO Brad Garlinghouse has expressed concerns about the potential consequences for the crypto industry if the U.S. Securities and Exchange Commission (SEC) succeeds in its recent appeal. Speaking about the cross-appeal filed by Ripple, Garlinghouse highlighted the issue of whether an “investment contract” under the Securities Act requires an explicit agreement.
Ripple's CEO, Brad Garlinghouse, revealed that he has been de-banked by Citigroup Inc., a bank he's been associated with for 25 years. This shocking disclosure came during a recent discussion at DC Fintech Week, where Garlinghouse emphasized the broader implications of regulatory pressures on individuals and companies in the cryptocurrency space.
As the need for energy-efficient, low-cost, and fast payments increases, XRP Ledger is witnessing growing demand.
Crypto prices fluctuated heavily over the week as Bitcoin price swung to above $69K and back under $65K before regaining some ground to trade above $67K on Friday evening. Most altcoins swung sharply too, with meme coins seeing huge gains before paring them.
XRP price has been subdued in recent weeks due to the SEC's appeal. But seeing that it has been here before, is there a way back up?
In the United States, issuers are seeking to register ETFs for Solana and XRP ahead of the November presidential elections.