Despite a massive $1.1 billion in trading volume over the past 24 hours, XRP remains in the red, with the price struggling to gain traction.

Ripple whales appear to be on a selling spree today, causing a dip of nearly 2% in XRP price. According to the latest data, the whales have dumped more than 48 million tokens recently, sparking concerns over further selloff in the market.

XRP is now faced with a potential breakout that could lead to a rally to as high as $0.66, according to a technical pattern.

The idea of the XRP price reaching $1,000 has once again gained traction as a social media platform X user called Drewski called for the Ripple community to unite in driving XRP to the unprecedented price level. While Drewski's post reignited the conversation, the $1,000 price target is far from new, as it has been a goal shared by many XRP investors for years.

Ripple's price has once again disappointed investors, as the market crashed just when it began a seemingly new bull run. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, XRP has failed to stay above the $0.

The Ripple lawsuit drama continues as the SEC confirmed that it hasn't missed the deadline for filing an appeal, despite recent rumors.

Despite increased price volatility in the cryptocurrency market, the XRP price remains stuck around the $0.54 mark. Following the SEC appeal, the tension between the Ripple vs SEC case has taken over the crypto space.

Over the past 24 hours, the XRP price has remained relatively stagnant, with a slight 0.5% dip. One analyst, however, argues that this slowed pace may be a build up to an impending parabolic breakout, just ‘days' away.

Craig Wright, known for his controversial claims of being Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has once again found himself at odds with supporters of XRP and blockchain payments company Ripple.

The XRP price has failed to rally higher, even though the broader crypto market is fueled with strong bullish momentum. One possibility behind this lackluster performance may be the negative sentiment among XRP supporters and investors.

The United States Securities and Exchange Commission took the next step in appealing Judge Analisa Torres' previous ruling in the protracted legal dispute with Ripple.

SEC files the Form C after missing an appeal scheduled for the 16th of October.

While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.

The Xaman Wallet, a noncustodial crypto wallet built on the XRP Ledger Xahau sidechain, is seeing impressive adoption, which has placed it in the spotlight. According to an update from Wietse Wind, the cofounder of the Xaman Wallet, the protocol is facing a very positive reversal in the monthly active user metric.

The SEC's new appeal challenges aspects of Ripple's XRP sales, but the ruling that XRP is not a security remains.

According to market analysis, XRP might be near to having a significant price blowup. The next altcoin season could go anywhere from 10x to the amazing 500x, experts believe.

Late Thursday, the US Securities and Exchange Commission (SEC) has filed Form C in its case against Ripple Labs, specifying the grounds of its appeal against Judge Analisa Torres's final ruling from August 7.

Even though the crypto market is showing signs of recovery, XRP has been stuck around the $0.54 mark. However, popular crypto commentator BitBoy remains confident that XRP is on track for a huge rally, despite recent moves by the U.S. Securities and Exchange Commission (SEC) against Ripple.

The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its ongoing legal battle against Ripple Labs. The appeal challenges aspects of the court's previous sales ruling but notably leaves XRP's non-security status untouched.

The United States Securities and Exchanges Commission last day filed its appeal against the August 7 Manhattan court judgment, which imposed a minor penalty of $125 million against Ripple Labs, denying the SEC's demand for a harsher penalty of $2 billion for improperly selling XRP as an unregistered security.

The US Securities and Exchange Commission (SEC) has officially appealed its case against Ripple Labs over XRP. This comes after speculation about whether the regulator missed its deadline to do so.

This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.

Yesterday, it was confirmed that the SEC officially filed an appeal in its case against Ripple. The appeal did not challenge the $125 million monetary penalty or the ruling on illegally obtained profits but instead focused on several key issues.

Ripple said there are no surprises in the US Securities and Exchange Commission's (SEC) last-minute Civil Appeal Pre-argument statement (Form C) filing in their ongoing legal battle. On Oct.

The SEC has filed an appeal to reassess the Ripple case, but the legal move has had little immediate effect on XRP's market price.

The SEC has appealed parts of a favorable ruling for Ripple in the ongoing XRP case, potentially extending the legal battle until 2025

Against the general expectations of the public, the United States Securities and Exchange Commission (SEC) filed its long-awaited Form C on Oct. 17. This filing officially sets its appeal in motion in the XRP lawsuit, a move many in the industry are protesting again.

Ripple faces SEC appeal targeting personal sales by Garlinghouse and Larsen, claiming securities law breaches.

Ripple's chief legal officer, Stuart Alderoty, emphasized that the SEC's Form C doesn't appeal the ruling that XRP is not a security.

Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.

Ripple Chief Legal Officer (CLO) Stuart Alderoty reacted as the U.S. Securities and Exchange Commission filed appeal Form C in the U.S. SEC vs Ripple Labs lawsuit. Alderoty shared the good news with the XRP community as the government agency decided to not appeal Judge Torres' summary judgment on XRP classification as non-security.

The US Securities and Exchange Commission (SEC) filed its appeal on Thursday regarding the Ripple (XRP) case. This high-profile case continues to draw significant attention from the community, as its outcome could have far-reaching implications.

The US Securities and Exchange Commission (SEC) has filed the Civil Appeal Pre-argument statement (Form C) in the Ripple lawsuit.

A prominent fintech journalist has predicted that the country may adopt a central bank digital currency (CBDC) by around 2030. This potential shift has stirred excitement among XRP enthusiasts, who see a favorable impact on their investments, while skeptics voice concerns about the implications of a cashless society.

The SEC's recent appeal of the Ripple case has caused quite a stir in the legal community, with MetaLawMan and several key figures sharing their thoughts on X.

According to the pre-argument statement (Form C) filed by the U.S. Securities and Exchange Commission (SEC), the legal status of the controversial XRP cryptocurrency will not be targeted as part of the regulator's appeal in the Ripple case.

Magnetic X one of the fastest-growing decentralized exchanges built on the XRP ledger recently successfully defended a major distributed denial of service (DDoS) attack. The attack that was directed at the platform earlier was supposed to disrupt its services by flooding the system with requests.

The SEC has submitted a "Civil Appeal Pre-Argument Statement," also known as Form C, appealing Judge Analisa Torres' ruling on XRP.

Today, the SEC shared specific details about its appeal regarding the Ripple XRP lawsuit. For the past two weeks, it was clear the SEC intended to appeal, and they have now filed a Form C to outline their arguments.

Cryptocurrency Prices Today, October 18: The broader market on Friday again showcased mixed actions, sparking investor speculations globally. Although Bitcoin (BTC) price briefly touched the $68K mark today, Ethereum (ETH), Solana (SOL), and XRP prices encountered market volatility.

The SEC's appeal could prolong regulatory uncertainty for Ripple and the crypto industry, impacting market dynamics and investor confidence. The post SEC targets Ripple's XRP sales on exchanges, distributions of XRP to employees in new filing appeared first on Crypto Briefing.

XRP price is holding gains above the $0.5450 zone. The price seems to be eyeing more gains above the $0.5550 and $0.5650 levels in the near term.

The U.S. Securities and Exchange Commission has submitted Form-C with detailed appeal on October 17. Social media was filled with speculations if the SEC has missed the deadline. We unveiled in yesterday's news that it was not the case.

While the SEC isn't contesting the ruling that XRP sales to retail investors aren't securities, it is instead focusing on other key aspects.

The legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to capture attention in the cryptocurrency community. As the case unfolds, many investors are left pondering its implications for XRP, Ripple's native token.

The US SEC took the next steps in appealing a previous judgment in its ongoing legal battle with Ripple Labs.

XRP sees volatility as the crypto community speculates about the SEC's appeal filing delay in the Ripple case.