On Friday, the crypto market witnessed an ease from the week-long selling pressure triggered mainly by geopolitical tension in the Middle East. As Bitcoin holds $60000 support, most major altcoins, including XRP, rebound for a fresh price rally.

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.

Rising open interest in XRP has crypto watchers optimistic that the crypto's protracted downtrend is nearing its end. XRP's open interest recently jumped to over $1 billion, leading to speculations over whether a huge price jump is the next probable move.

Scams within the crypto landscape are evolving with dizzying complexity. Just recently, Ripple Chief Technology Officer, David Schwartz, showed how phishing attacks have also been carried out against unsuspecting Coinbase users–the largest cryptocurrency exchange.

Attorney Fred Rispoli recently assessed the odds of the SEC's win against Ripple during his appearance on the "Thinking Crypto" podcast.

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.

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.

If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.

Bitcoin (BTC), along with Ethereum (ETH) and XRP, witnessed a rough week as the macro-financial conditions remained bleak. Nevertheless, each of the three assets is close to reclaiming a key support level.

The mean coin age had been trending higher in September, showing accumulation.

The SEC's appeal impacts XRP, leading to whale movements, price uncertainty, and divided sentiment within the XRP community.

XRP, experiencing significant price drops. As the price of Bitcoin hovers around $61,000 amidst rising geopolitical tensions, XRP has also faced a downturn, losing critical support levels that investors had hoped would hold firm.

Bitwise Asset Management had a new ETF filing – more precisely, it filed to convert three crypto futures ETFs from long-only strategies to strategies that rotate between crypto futures and US Treasuries exposure based on market trends. The ticker will be $BITC.

Ripple has emerged as a key contender against SWIFT in the cross-border payments space, according to an April 2024 report from investment bank Houlihan Lokey.

According to the core Xahau developer, Xahau will power the remittance services between Coopbank and inFTF.

The cryptocurrency market is volatile, and two of the biggest altcoins–Dogecoin (DOGE) and Ripple (XRP)–have experienced significant dips recently. However, both coins show signs of recovery, attracting investor interest. Amid these developments, attention is shifting to DTX Exchange (DTX), a decentralized finance (DeFi) coin dominating the market with massive growth potential.

Popular cryptocurrency tracker Whale Alert has traced several large XRP transactions over the last day, noticing massive XRP withdrawals from the world's top crypto exchanges.

Ripple has recently encountered significant selling pressure near the $0.65 resistance zone, triggering a sharp decline. This movement signals a potential shift toward bearish dominance as the price breaks below the ascending wedge pattern's lower boundary.

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss.

Attorney Jeremy Hogan has raised critical concerns about the SEC's decision to appeal the recent ruling regarding programmatic sales of XRP. Hogan, known for his insights into cryptocurrency law, argues that this appeal could be a significant miscalculation for the SEC, potentially harming its ability to regulate the broader crypto market.

Ripple Labs is currently facing a renewed challenge as the SEC has filed an appeal against a recent court ruling. On October 2, 2024, the SEC took a significant step in its ongoing legal battle with Ripple by filing an appeal.

The Ripple vs SEC case is making headlines again as the U.S. SEC pushes forward with an appeal. The SEC is primarily challenging the $125 million penalty imposed on Ripple in connection with its institutional sales.

The XRP price was on the investors' radar this week, with the crypto noting a sharp decline following the latest development in the Ripple SEC case. In the latest development, the US SEC has filed a Notice of Appeal, signaling that the legal battle is far from over for now.

Over the past 24 hours, the Cardano price has found its footing with newfound momentum, up 2.27%.

XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC's Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF.

The XRP price has risen by a modest 0.5% today, with its move to $0.523 helping a little to offset that losses following this week's news of the SEC's appeal against Ripple.

XRP, the digital asset associated with Ripple, experienced a significant drop of over 10% on October 3, 2024, following news that the U.S. Securities and Exchange Commission (SEC) filed an appeal against a recent court ruling in its ongoing lawsuit against Ripple Labs. This sharp decline reflects investor anxiety regarding the regulatory landscape for XRP.

The XRP price has registered a notable drop during the past day as on-chain data shows the whales have been making transactions to exchanges. XRP Has Witnessed A Sharp Drop Over The Last 24 Hours The cryptocurrency sector has been observing bearish winds recently, with the drawdown deepening across the market during the past day.

Following the Securities and Exchange Commission (SEC) appeal on a Federal ruling that stated XRP tokens are non-security assets, the altcoin has experienced a major hit. Notably, it has leveled all its gains from the previous month, giving it a fresh start to the Ripple vs SEC case.

On Wednesday, the US Securities and Exchange Commission (SEC) officially initiated an appeal process against the final ruling in the case against Ripple Labs. The specific grounds of the SEC's appeal remain undisclosed so far, leaving the XRP community in the dark.

A malicious actor is targeting Coinbase users with fake support email as flagged by Ripple CTO.

The crypto markets saw significant turmoil over the past 24 hours, with over 100,000 traders impacted by mass liquidations, greatly raising concerns during the latest market downturn. Bitcoin (BTC) briefly dipped below the $60,000 mark on October 3 before recovering and pushing back above $60,000.

The cryptocurrency community has been stirred by Bitwise's recent filing for the first-ever Spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). This is a significant moment for Ripple's XRP, drawing attention to whether a futures market will be required for approval—especially considering the approach taken for Bitcoin and Ethereum spot ETFs.

The SEC has appealed Judge Torres' ruling in the Ripple lawsuit, coinciding with large XRP whale transfers totaling 153 million coins, causing market uncertainty and a slight dip in XRP's price.

As the Ripple vs SEC case proceeds further with the securities regulator submitting a “notice of appeal” in the Second Circuit court this week, the XRP community remains unclear as to what exactly the SEC is appealing as it still needs to make a disclosure with Form C. However, the latest report suggests that the

David Schwartz, Ripple chief technology officer (CTO) who took part in the creation of the XRP Ledger, has taken to his account on the X social media platform to address the XRP army with a new alert.

Here's why XRP has caught the eye of industry participants as of late.

Ripple has announced the opening of its high-speed payment solution, Ripple Payments, in Brazil.

The XRP token is a sleeping giant that is suffering from Ripple's legal dispute with the SEC. But can the token rise again afterwards?

According to data provided by cryptocurrency analytics platform Santiment, the Ripple-affiliated XRP token has emerged as the top-trending cryptocurrency.

Ripple's Chief Legal Officer (CLO) Stuart Alderoty has openly slammed the United States Securities and Exchange Commission (SEC) for its most recent legal move, marking a significant step in the ongoing dispute over XRP and the blockchain payment firm.

Amid the broader market correction, altcoins have faced an even deeper fall with Ethereum (ETH) and other top alts plummeting by 10-15% over the past week. However, the Santiment analysis shows that three altcoins – XRP, APT, and LINK – could make big moves ahead amid fundamental developments and institutional interest.

The US SEC's decision to appeal against a federal court ruling last year that recognized XRP is not a security has created shockwaves in the cryptocurrency market, especially the XRP market. The XRP price has dropped at least 1.2% in the last 24 hours. On September 30, the opening price of XRP was around $0.6405.

XRP whales nabbed significant investor attention on Friday, moving hundreds of millions of coins in light of the latest development in the Ripple vs SEC lawsuit. On-chain data indicated nearly 153 million coins shifted by whales as the U.S. SEC filed for a ‘notice of appeal‘ against Judge Analisa Torres' final judgment in the Ripple

Peter Brandt, a well-known commodity and forex trader, has shaken up the XRP community with his latest bearish price prediction. As Ripple continues to battle with the U.S. SEC, Brandt forecasted that XRP's value will sink to $0.034 in the long term.

The U.S. Securities and Exchange Commission is yet to file its Form C with the Second Circuit.

Ripple vs SEC case has taken yet another turn, after the SEC's decision to appeal Judge Analisa Torres' ruling in its long-standing case against Ripple, filing a “notice of appeal” to the Second Circuit Court.