Ripple vs SEC lawsuit: Ripple Labs executives Brad Garlinghouse and Chris Larsen have hired key attorneys to dismiss claims again in the XRP lawsuit. Meanwhile, the U.S. Securities and Exchange Commission has requested the second circuit court to set January 15, 2025 as the deadline for its principal brief regarding the appeals.

The cryptocurrency market experiences significant fluctuations, its total market cap has recently dropped to around $2.31 trillion, down from a high of $2.38 trillion earlier this month. This decline has led to notable corrections in the prices of major cryptocurrencies, particularly Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

Former Ripple executive and crypto enthusiast Matt Hamilton has suggested that XRP may soon outpace Bitcoin as the leading cryptocurrency.

The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains.

Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.

The cryptocurrency faced a significant price dip. By Thursday, XRP's value had dropped to $0.51, reflecting an 8.33% decline from its weekly peak of $0.5594.

Buyers keep controlling the situation on the market at the beginning of the week, according to CoinMarketCap.

In a rather surprising development, a transaction on the XRP Ledger has led to the burning of 10,000 tokens, sparking speculation within the crypto community.

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash' – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

A wave of discontent has swept through the XRP community, leading many investors to advocate for a boycott of the cryptocurrency. Surprisingly, this movement is not driven by the token's current performance but by a political donation made by Chris Larsen, one of XRP's founders.

Since the beginning of October, XRP has lingered within a price range. It has faced resistance at $0.55 and found support at the $0.51 price level.

The price of XRP has risen by 1.5% in the past 24 hours, with a rising open interest level suggesting that the coin could be in for a big move. The post Can XRP Surpass $1? Key Resistance and Open Interest Surge Point to Big Move appeared first on Cryptonews.

Market analyst The Block Bull has recently made waves with a prediction that XRP, the cryptocurrency associated with the Ripple network, could be on the verge of a significant price breakout. This forecast is based on an analysis of XRP's historical price movements dating back to 2015, suggesting that we may be nearing a crucial turning point reminiscent of XRP's explosive surges in 2017 and 2021.

A death cross formation, a technical occurrence in which the 50-day moving average crosses below the 200-day moving average, has been formally confirmed by XRP. Generally speaking, this formation is interpreted as a bearish signal that suggests possible downward movement.

Since early October, XRP's price has experienced a steep 26% drop, forming a base of around $0.51. Recently Experts have seen a key technical pattern on XRP's weekly chart—a symmetrical triangle that often signals a potential breakout.

The bank offers services for BTC, ETH, USDC, AVAX, CHZ, XRP, ARB, and SOL.

Ripple Labs' XRP Ledger AMM protocol has printed a massive surge in overall transaction volume.

The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.

Will Solana, XRP, and Shiba Inu drive the next crypto bull run? Get insights on their latest price analysis, resistance levels, and outlook.

The cryptocurrency market is no stranger to volatility, and XRP is currently facing a troubling situation. As the price of XRP drops significantly, market analysts are increasingly discussing the possibility of a “death cross”—a technical indicator that often foreshadows a bearish trend.

With XRP price trading today around $0.514, many investors speculate if it could hit $1 by year-end. While this scenario is possible, this article explores how high XRP price would reach if its market capitalization hits $10 trillion.

EC Chair Gary Gensler faces direct criticism from Ripple co-founder Chris Larsen amid an escalating legal battle over XRP token sales

David Schwartz, CTO of Ripple and one of the main people behind XRP Ledger (XRPL), recently spoke about some concerns the XRP community has been having about the need for XRP to facilitate transactions on the ledger. These concerns came up as Ripple prepares for the launch of RLUSD, a stablecoin that the company introduced to expand its service offerings.

The ongoing legal dispute between Ripple and the US Securities and Exchange Commission (SEC) is expected to extend into 2025. The SEC recently requested an extension to submit its main brief, further delaying the proceedings, with a new filing deadline set for January 2025.

The cryptocurrency market begins to stir with renewed activity, Bitcoin's recent price rebound is capturing attention and surging hope among investors. Currently trading around $67,770, Bitcoin's resurgence has led to a ripple effect, boosting interest in various altcoins, particularly XRP, Solana (SOL), and Avalanche (AVAX).

Ripple has encountered intense selling pressure near the key resistance zone, defined by the 100 and 200-day moving averages around the $0.55 mark. This has led to a sharp rejection and subsequent decline.

Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC) continues, with the SEC requesting yet another extension for its main brief submission, now pushing the deadline to January 2025.

XRP price is attempting a recovery wave from the $0.4880 zone. The price must clear the $0.5200 and $0.5320 resistance levels to start a decent increase.

Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range during the week. BTC currently trades around the $67,000 level, and major altcoins, such as Ethereum, Solana, Ripple, Polkadot, and Dogecoins, have experienced volatile trading weeks.

Ripple's CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies.

XRP gains as SEC delays Ripple appeal, with the US election's outcome poised to impact crypto regulations and market sentiment.

The word war between Ripple Labs' key people and the Securities and Exchange Commission (SEC) continues.

The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the SEC has formally requested a deadline of January 15, 2025, to file its main appeal brief. This request has generated considerable buzz within the XRP community, with many expressing both concern and curiosity about its implications for Ripple and its cryptocurrency, XRP.

Attorney John Deaton has taken a decisive step to represent the interests of XRP holders. Deaton, who is also a candidate for the U.S. Senate, has filed a motion to appear as amicus counsel in the SEC's appeal against Ripple.

Despite growing optimism in the crypto community about XRP's future, the cryptocurrency tied to Ripple has come under increased scrutiny from market analysts, particularly following its ongoing price consolidation and price drop over the past two days.

Ripple's Garlinghouse warns of potential Tether disruption, calling it a “Black Swan event,” as WSJ scrutiny intensifies.

Ripple CEO Brad Garlinghouse recently provided clarity on the company's initial public offering (IPO) aspirations during an interview on the Thinking Crypto podcast. He stated unequivocally that pursuing an IPO is not a current priority for Ripple.

In today's edition of the weekly recap: Ripple files a cross-appeal in the SEC lawsuit; spot Bitcoin ETFs reach a new milestone; reports of Tether's probe; crypto sees renewed adoption. Ripple v.

Ripple's price tests crucial resistance at $0.51 as Open Interest rises. Key price levels, technical indicators point to an impending market shift for XRP.

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 co-founder Chris Larsen offered a scathing criticism of U.S. Securities and Exchange Commission Chair Gary Gensler in a recent interview with CNBC, arguing that he is the worst public servant of all time.

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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