This week, we examine Ethereum, Ripple, Solana, Dogecoin, and Binance Coin in greater detail. Ethereum (ETH) Ethereum closed the week in red, and its price fell by 6%.
Amid increased volatility, the crypto market cap has dropped to $2.31 Trillion from a high of $2.38 Trillion this month. Following this, top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have recorded a significant correction in their respective portfolios.
Ripple files cross appeal, also known as Form C, that lists the issues the company plans to raise in the upcoming cross appeal against the U.S Securities and Exchange Commission.
San Francisco-based blockchain payments firm behind the XRP cryptocurrency has filed a cross-appeal in the U.S. Court of Appeals for the Second Circuit, challenging various aspects of a key ruling in its legal brawl with the United States Securities and Exchange Commission (SEC).
Updates in the Second Circuit appeal proceedings reveal the latest legal developments in the SEC vs. Ripple case.
Ripple challenges SEC's ruling on institutional XRP sales, claiming the Howey test was misapplied.
Since XRP is getting close to a possible death cross, a very bearish signal where shorter-term EMAs cross below longer-term EMAs, the asset may be in grave danger of a bear market. This pattern usually signifies a loss of momentum and raises the possibility of additional declines.
Ripple CEO Brad Garlinghouse says he has become de-banked after Citibank cut ties with him due to his prominent role in the crypto sector.
In the last few days, more and more crypto investors began posting for the XRP boycott. More importantly, it is completely unrelated to the XRP price performance.
Ripple submits Form C as it cross-appeals in its legal clash with the SEC while XRP trades 2% down in the past day.
San Francisco-based enterprise blockchain firm Ripple has filed its pre-appeal statement (Form C), outlining the specific issues that it plans to raise on its cross-appeal.
The appeal focuses on specific legal questions rather than a sweeping examination of the regulatory classification of cryptocurrencies.
Ripple Labs filed a pre-argument statement for civil appeal In its case against the U.S. Securities and Exchange Commission on Thursday.
Andy Schectman, President and Owner of Miles Franklin, was recently asked about the best cryptocurrency option for diversification. While he primarily focuses on gold, he was asked about several options like Bitcoin, Ethereum, Stellar, and Chainlink. However, he said that XRP stands out due to its unique structure and existing partnerships.
Ripple CEO Brad Garlinghouse recently addressed the buzz surrounding a potential initial public offering (IPO) for the company. In an interview on the Thinking Crypto podcast, he made it clear that going public isn't a top priority right now.
The appeals process has already attracted considerable attention for its potential to shape the future of U.S. regulations on digital assets.
On Thursday, October 24, Ripple Labs filed the Civil Appeal Pre-Argument Statement, known as Form C, in its case with the US Securities and Exchange Commission (SEC).
Just before the deadline, blockchain company Ripple submitted Form C for its cross-appeal in the ongoing XRP lawsuit against the U.S. Securities and Exchange Commission (SEC). Attorney Bill Morgan expressed frustration over the SEC's actions, suggesting that their appeal could be more about delaying the process than about confidence in their case.
Ripple Labs has officially filed a notice outlining the specific aspects of its case that it intends to appeal following a significant ruling against it. Attorney Jeremy Hogan shared details on X, explaining the critical issues at stake in this appeal, which could have far-reaching implications for Ripple and the broader cryptocurrency market.
Recently Ripple has officially filed an appeal in its long-running legal showdown with the U.S. SEC, taking the case into a crucial phase. Attorney Jeremy Hogan, a key figure following the case, highlighted Ripple's four main arguments, which could impact not just Ripple but the entire crypto industry.
XRP's charts are seeing uncertain price action, but is there more to it?
XRP price is attempting a recovery wave from the $0.5120 zone. The price must clear the $0.5400 and $0.5500 resistance levels to gain pace.
Just ahead of the last minute, blockchain firm Ripple has finally submitted Form C for the cross-appeal in the ongoing XRP lawsuit with the U.S. Securities and Exchange Commission (SEC). XRP Lawyer James K.
On Thursday, the United States Securities and Exchange Commission (SEC) filed with the US Court of Appeals for the Second Circuit to request an extension for the deadline for filing its principle brief by January 15, 2025.
XRP price hovers below $0.55 amid SEC's prolonged appeal process, leaving investors in limbo until January 2025.
Recently, crypto analyst Jay Blessed shared his thoughts on XRP, highlighting that many investors are likely to wait until the altcoin reaches a price range of $5 to $10 before considering a purchase. Currently priced at around $0.52, XRP has remained below $1 for several years, leading to speculation about its future potential.
Ripple will file its Form C civil appeal today.
The price estimate for XRP indicates a possible increase of 17%, perhaps attaining around $0.621196 by November 23, 2024, data from CoinCodex shows. Despite this favorable projection, the prevailing market sentiment is pessimistic, reflecting apprehension among investors.
Recent market movements have sparked significant activity, particularly regarding the XRP price. Analysts have noted irregular fluctuations, prompting many traders to flock to a new altcoin called RCO Finance in hopes of achieving a promising 2000x return as a precaution.
The CEO believes that the XRP ETF has strong potential to thrive in the market.
The US Securities and Exchange Commission requested a January 15, 2025 date for its appeal, after filing its Form C on October 17. The SEC did not miss its filing deadline, despite hopes of finally ending the lawsuit.
The SEC has requested to delay its appeal brief against Ripple until January 2025, hinting at a prolonged legal battle. The post SEC requests extension in Ripple case to January 2025 appeared first on Crypto Briefing.
Brad Garlinghouse, CEO of Ripple Labs, thinks the U.S. is about to get a lot friendlier towards crypto. Doesn't matter who wins the next election, Garlinghouse sees a change coming.
The US SEC has filed a request in its appeal case against Ripple to extend the deadline for its principal brief. This comes amid Ripple's much-anticipated form C filing, which is expected to happen today.
Ripple Labs CEO Brad Garlinghouse believes the US will become more crypto-friendly regardless of which political party wins the upcoming election, CNBC reported on Oct. 24.
Ripple Labs, the company behind the popular cryptocurrency XRP, has taken decisive action in its ongoing legal struggle with the U.S. Securities and Exchange Commission (SEC). As the clock ticks down to a crucial deadline, Ripple is rallying its legal team to strengthen its position, leaving the XRP community hopeful for a favorable outcome that could lead to significant price increases.
Ripple CEO Brad Garlinghouse is confident that the U.S. Securities and Exchange Commission (SEC) will greenlight spot XRP-based exchange-traded funds (ETFs), even if his San Francisco-based blockchain payments firm has been locked in a long-drawn-out legal dispute with the Wall Street regulator.
Ripple has thrown millions behind Kamala Harris.
Ripple's legal challenge could redefine regulatory boundaries in the crypto industry, potentially limiting the SEC's influence over digital assets. The post Ripple to file Form C as SEC prepares for appeals battle over XRP sales appeared first on Crypto Briefing.
The ongoing legal battle between Ripple and the SEC, Marc Fagel, a former lawyer for the SEC, has shed light on a recent filing that has raised speculation within the XRP community. The case, which has been closely watched by cryptocurrency enthusiasts and investors, has seen its fair share of twists and turns.
Check out why XRP, SHIB, and other leading cryptocurrencies could head north soon.
Ripple SEC lawsuit continues with the company's civil appeal document today to contest the SEC's claims regarding XRP's institutional sales.
Ripple Labs CEO Brad Garlinghouse has been skeptical of crypto regulation in the U.S., but he is feeling highly optimistic about the post-election environment around the corner.
Former President Donald Trump recently hinted that he might nominate individuals for the position of SEC chair if he wins the upcoming election in November. He pledged that on his first day in office, he would fire current SEC Chair Gary Gensler. In an interview with David Lin, Commissioner of the U.S.
XRP price has struggled to regain bullish momentum over the past four weeks, with the altcoin experiencing a lack of significant movement. As a result, many key holders have seen their profitability decline, putting additional downward pressure on the cryptocurrency.
Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.
XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading activity over the past 24 hours, reflected in its trading volumes.