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news-imageSeptember 7, 2024

Why XRP Holders Should Stay Calm: SEC Appeal May Not Shake the Ripple

XRP holders have been on edge, speculating about the potential implications of an appeal by the U.S. Securities and Exchange Commission (SEC) in the ongoing Ripple case. However, legal experts are advising calm, suggesting that the SEC's potential appeal might not be as disruptive as some fear.
Publisher: The Currency Analytics
Sentiment: Neutral
XRP

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Negative
cover-imageCoinPedia
October 5, 2024

Ripple Vs SEC News: What Exactly is Gary Gensler Appealing?

The SEC has filed an appeal against a previous ruling that deemed programmatic sales of XRP as not constituting investment contracts, a decision that significantly reduced the penalties Ripple faced. However, there has been a lot of confusion regarding this appeal and XRP enthusiasts took to social media to express their frustration.

Negative
cover-imageUToday
October 5, 2024

Ripple v. SEC: Appeal Now Registered With Appeals Court

The court acknowledged the United States Securities and Exchange Commission's (SEC) appeal against some aspects of Judge Analisa Torres's July 13, 2023, ruling in favor of Ripple. It was docketed Oct. 4 on the U.S. Court of Appeals for the Second Circuit PACER docketing system.

Negative
cover-imageThe Currency Analytics
October 5, 2024

Ripple Faces a Bearish Forecast: Peter Brandt Predicts XRP Price Could Plunge to $0.034

The cryptocurrency market is no stranger to volatility, but recent predictions by seasoned trader Peter Brandt have stirred significant concern within the XRP community. Brandt, known for his expertise in commodities and forex trading, recently shared a dire forecast regarding the future price of XRP, suggesting it could plummet to as low as $0.034.

Negative
cover-imageCoinPedia
October 5, 2024

XRP Price Rally Will Never Happen: Warns Max Keiser

XRP has dropped by nearly 15% so far in October, with the losses primarily driven by the US SEC's appeal in the Ripple lawsuit. While some analysts see XRP's drop as a buying opportunity, some analysts assert that an XRP rally is never going to happen.

Neutral
cover-imageCoinPedia
October 5, 2024

XRP Lawsuit News : Petition to Stop SEC Appeal Nears 5,000 Signatures

The rising tensions amidst the legal conflict between Ripple and the U.S. Securities and Exchange Commission (SEC), has led to XRP holders running a petition on social media platforms like X. The petition carrying the tag “Stop the SEC's Unnecessary and Frivolous Appeal in the Ripple v. SEC Case” has received nearly 5000 signatures.

Negative
cover-imageThe Currency Analytics
October 5, 2024

SEC's Appeal in Ripple Case Still Shrouded in Uncertainty, XRP Price Faces Pressure

The U.S. Securities and Exchange Commission (SEC) has kept the crypto community in suspense as it has yet to disclose the exact reason behind its appeal in the Ripple case. While Ripple secured a significant victory in July 2023 when the judge ruled that XRP's secondary sales do not qualify the token as a security, the SEC has now filed an appeal, leaving many speculating about its next move.

Positive
cover-imageCoinPedia
October 5, 2024

XRP Whales Add 58.9 Million Tokens, Time to Buy?

In this market reversal, XRP whales are taking advantage of the recent price decline as they add millions of tokens to their wallet. On October 4, 2024, the blockchain-based transactions tracker Whale Alert made a post on X (previously Twitter) that whales have withdrawn a massive 58.9 million XRP tokens, worth $30.

Negative
cover-imageThe Currency Analytics
October 4, 2024

XRP Still Poised for $6 Despite SEC Appeal: What You Need to Know

XRP, the cryptocurrency linked to Ripple, is experiencing significant turbulence after the U.S. Securities and Exchange Commission (SEC) stated its intent to appeal a ruling in the ongoing legal battle. This news has sent XRP's price tumbling, with the coin suffering a sharp 17.66% drop in value over the past week.

Positive
cover-imageBeInCrypto
October 4, 2024

XRP Traders See SEC Appeal as the Final Shakeout Before Recovery

Ripple's (XRP) price fell from $0.63 to $0.52 earlier this week due to another regulatory battle with the US SEC. However, traders in the derivatives market seem to believe that this is a temporary setback rather than a long-term barrier, as they held positions predicting a bounce for the altcoin.

Positive
cover-imageNewsBTC
October 4, 2024

XRP Macro Charts Signal Explosive Bullish Move Despite SEC Appeal: Analyst

In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission's decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby's interpretation of the macro charts suggests a bullish outlook for XRP, contradicting the potential bearish sentiment stirred by the SEC's latest legal maneuver.

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