Former SEC lawyer Marc Fagel has stepped into the spotlight to provide essential insights into the ongoing legal drama in the Ripple vs SEC case. Recently, the United States Court of Appeals for the Second Circuit filed an “Acknowledgment and Notice of Appearance Default Notice” in the SEC v. Ripple case.

The U.S. Securities and Exchange Commission (SEC) has ramped up its legal fight against Ripple Labs by filing a new appeal regarding the classification of XRP. This move challenges a pivotal ruling from Judge Analisa Torres, which previously stated that Ripple's programmatic sales of XRP do not qualify as securities.

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%

Ethereum scaling solution Scroll launched its native token, SCR, amidst much fanfare, but the community immediately reacted with backlash over the amount allocated.

As the Ripple vs. SEC case progresses, the SEC has filed a notice of appeal in the Second Circuit Court a few days ago. The appeal focuses on three key points: the sale of XRP through exchanges, Ripple's distribution of XRP to employees, and the sales made by executives Brad Garlinghouse and Chris Larsen.

XRP, the sixth largest cryptocurrency by market capitalization, has seen an interesting trend in its transaction activity, despite a few notable declines in other metrics. A recent analysis by a CryptoQuant analyst, Wenry, sheds light on key trends within the XRP ecosystem, offering insights into the activity happening behind the scenes.

The ongoing SEC vs Ripple lawsuit is approaching a critical juncture as Ripple co-founder Chris Larsen steps in with a key legal move. Larsen filed a Notice of Appearance just days before the crucial Form C deadline, preventing a default in the company's cross-appeal against the U.S. SEC.

Aurum Equity Partners has launched a pioneering $1 billion fund on the XRP Ledger, combining tokenized equity and debt.

A surge in blob fees on Ethereum, reaching $4.52, was triggered by Scroll's airdrop, marking the third major fee spike since the network's Dencun upgrade in March.

The backlash against MicroStrategy co-founder Michael Saylor continues to grow, with Ethereum's Vitalik Buterin recently describing his comments as "batsh*t insane" in a social media post.

In the ongoing Ripple lawsuit, the blockchain startup is seen flexing muscles at the last moment as it approaches the Form C submission deadline. Ripple co-founder Chris Larsen finally filed the Notice of Appearance as the US Appeals Court for the Second Circuit snubbed the firm a day before warning them of procedural default.

USDT market cap has surged past $120 billion, driven by its trading volume on Ethereum and Tron.

Crypto enthusiasts are once again demonstrating their confidence in Ethereum, the second-largest digital asset capability in the ongoing cycle, with some experts predicting that ETH could be witnessing a historical price rally to unprecedented heights at the peak of this bull cycle.

Market participants have pulled 29,378 ETH from exchanges, indicating a shift towards holding rather than trading. This contrasts with recent activity where 312,183 ETH were deposited, showing mixed behaviors among investors.

Uniswap, the leading decentralized exchange (DEX) on Ethereum, is building and growing, looking at the number of processed volumes over the years. Uniswap Processes Over $2 Trillion On Ethereum Since launching in late 2018, on-chain data shows that the DEX has processed over $2 trillion in cumulative volume on the Ethereum mainnet.

XRP price is moving lower below the $0.5500 level. The bears might gain strength if there is a close below the $0.5200 support zone.

The exec's latest donation follows an earlier contribution of $1 million.

Ethereum price struggled to continue higher above the $2,750 resistance and corrected gains. ETH is now struggling to start a fresh increase above $2,650.

XRP struggles below $0.55 as court delays impact investor sentiment; broader crypto market watches SEC appeal.

Ethereum blob fees briefly surged to a price of $4.52 spurred by a frenzy of Scroll airdrop claims.

Ripple CEO Brad Garlinghouse has endorsed John Deaton, a pro-XRP lawyer, in his bid to unseat Senator Elizabeth Warren in the Massachusetts Senate race. Garlinghouse praised Deaton for his advocacy for the crypto community, particularly the XRP Army, while accusing Warren of spreading misinformation about the industry.

7,728 ETH ($20M) added to circulation in past week. Network activity drops 3%, with 43% decrease in fees.

Hopes of a rally toward $3,000 were raised by Ethereum's recent 15% price increase but it looks like the upward momentum has encountered a major obstacle. For ETH the 100 EMA has shown to be a strong resistance level and the assets recovery appears to have stalled at this point.

The Ethereum price has just broken out of a key symmetrical triangle pattern, signaling a potential surge to new levels above $3,000. The recent breakout is seen as a bullish indicator for the top altcoin by analysts who have closely watched the Ethereum price action for the past few months.

A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies. Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100.

ETH is expected to decline further in the short term, according to current market indicators.

Ethereum layer-2 network Scroll just launched its token—but like the recent Hamster Kombat airdrop, some recipients aren't happy.

Ethereum (ETH) has recently garnered attention for a notable trend among its investors. As of mid-October 2024, data reveals that long-term accumulation addresses now hold over 19 million ETH, a significant increase that highlights growing investor confidence in Ethereum's future.

A new artificial intelligence (AI) scam targets XRP holders, similar to the previous scam of a fake Elon Musk. Crypto users lament the proliferation of scams within the digital assets community, citing a lack of development.

It appears that the popular Solana-based meme coin Popcat (POCAT) is outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). On October 23, 2024, when major cryptocurrencies struggled to gain momentum, POPCAT topped the crypto market with an impressive price surge of over 12%.

Ripple (XRP), one of the top cryptocurrencies by market capitalization, has faced a challenging period recently. After a sharp decline, the price of XRP has hovered around the critical $0.5 support level.

What does Ripple co-founder's hefty $10M donation to Kamala Harris-supporting PAC imply for crypto legislation?

Ripple's native token, XRP, is trading at its lowest point in the past week. As of this writing, the altcoin exchanges hands at $0.53, noting an additional 3% price drop over the past 24 hours.

A widely followed crypto analyst is issuing a warning that Ethereum (ETH) may collapse in value in sync with Fed rate cuts.

Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.

Ripple gets a 14-day extension to meet court filing requirements after receiving a default notice in SEC appeal. The post Ripple misses filing deadline risking setback in ongoing SEC case appeared first on Crypto Briefing.

Aurum Equity Partners has announced the launch of the world's first $1 billion fund combining equity and debt, tokenized through a collaboration with Zoniqx. This new venture, which will use the XRP Ledger (XRPL), represents a major development in the field of real-world asset tokenization (RWA), specifically targeting global data center investments.

The million-dollar financial boost comes as the Vice President intensifies her outreach to the industry.

Aurum Equity Partners launched a $1 billion tokenized equity and debt fund on the XRP Ledger, an enterprise-grade blockchain network linked with Ripple. The Fund will seek investments in data centers across the US, the UAE, Saudi Arabia, India, and Europe.

The XRP lawsuit is now elongated, with the appeal and cross-appeal from the US SEC and Ripple Labs, respectively. Earlier today, the US Appeals Court for the Second Circuit notified Ripple about a possible procedural default.

In the shadow of the American elections, Chris Larsen from Ripple slides 10 million XRP to Kamala Harris, causing a stir in political and crypto ranks.

The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the "world's first combined equity and debt tokenized fund."

Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.

Ethereum co-founder Vitalik Buterin has outlined several solutions to combat increasing centralization risks in the Ethereum network's proof-of-stake mechanism, particularly focusing on block production and staking economics.

With October fast coming to an end, the "Uptober" reality check is becoming more visible for digital currencies like XRP. According to data from Cryptorank, XRP has lost more than 12% of its value, casting doubts on potential rebounds moving forward.

Today, on October 22nd, 2024, the crypto market saw a small drop, amid geopolitical tensions and electoral uncertainties in the United States. Meanwhile, the total value of all cryptocurrencies fell by 2.2%, down to $2.34 trillion.

Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer and more inclusive financial systems, according to local media reports. The government has consulted key institutions on the issue, and many favor prohibiting private cryptos.