The appeals process has already attracted considerable attention for its potential to shape the future of U.S. regulations on digital assets.
Just before the deadline, blockchain company Ripple submitted Form C for its cross-appeal in the ongoing XRP lawsuit against the U.S. Securities and Exchange Commission (SEC). Attorney Bill Morgan expressed frustration over the SEC's actions, suggesting that their appeal could be more about delaying the process than about confidence in their case.
Ripple Labs has officially filed a notice outlining the specific aspects of its case that it intends to appeal following a significant ruling against it. Attorney Jeremy Hogan shared details on X, explaining the critical issues at stake in this appeal, which could have far-reaching implications for Ripple and the broader cryptocurrency market.
Recently Ripple has officially filed an appeal in its long-running legal showdown with the U.S. SEC, taking the case into a crucial phase. Attorney Jeremy Hogan, a key figure following the case, highlighted Ripple's four main arguments, which could impact not just Ripple but the entire crypto industry.
XRP's charts are seeing uncertain price action, but is there more to it?
Just ahead of the last minute, blockchain firm Ripple has finally submitted Form C for the cross-appeal in the ongoing XRP lawsuit with the U.S. Securities and Exchange Commission (SEC). XRP Lawyer James K.
On Thursday, the United States Securities and Exchange Commission (SEC) filed with the US Court of Appeals for the Second Circuit to request an extension for the deadline for filing its principle brief by January 15, 2025.
XRP price hovers below $0.55 amid SEC's prolonged appeal process, leaving investors in limbo until January 2025.
Recently, crypto analyst Jay Blessed shared his thoughts on XRP, highlighting that many investors are likely to wait until the altcoin reaches a price range of $5 to $10 before considering a purchase. Currently priced at around $0.52, XRP has remained below $1 for several years, leading to speculation about its future potential.
Ripple will file its Form C civil appeal today.
The price estimate for XRP indicates a possible increase of 17%, perhaps attaining around $0.621196 by November 23, 2024, data from CoinCodex shows. Despite this favorable projection, the prevailing market sentiment is pessimistic, reflecting apprehension among investors.
Recent market movements have sparked significant activity, particularly regarding the XRP price. Analysts have noted irregular fluctuations, prompting many traders to flock to a new altcoin called RCO Finance in hopes of achieving a promising 2000x return as a precaution.
The CEO believes that the XRP ETF has strong potential to thrive in the market.
The US Securities and Exchange Commission requested a January 15, 2025 date for its appeal, after filing its Form C on October 17. The SEC did not miss its filing deadline, despite hopes of finally ending the lawsuit.
The SEC has requested to delay its appeal brief against Ripple until January 2025, hinting at a prolonged legal battle. The post SEC requests extension in Ripple case to January 2025 appeared first on Crypto Briefing.
Brad Garlinghouse, CEO of Ripple Labs, thinks the U.S. is about to get a lot friendlier towards crypto. Doesn't matter who wins the next election, Garlinghouse sees a change coming.
The US SEC has filed a request in its appeal case against Ripple to extend the deadline for its principal brief. This comes amid Ripple's much-anticipated form C filing, which is expected to happen today.
Ripple Labs CEO Brad Garlinghouse believes the US will become more crypto-friendly regardless of which political party wins the upcoming election, CNBC reported on Oct. 24.
Ripple Labs, the company behind the popular cryptocurrency XRP, has taken decisive action in its ongoing legal struggle with the U.S. Securities and Exchange Commission (SEC). As the clock ticks down to a crucial deadline, Ripple is rallying its legal team to strengthen its position, leaving the XRP community hopeful for a favorable outcome that could lead to significant price increases.
Ripple CEO Brad Garlinghouse is confident that the U.S. Securities and Exchange Commission (SEC) will greenlight spot XRP-based exchange-traded funds (ETFs), even if his San Francisco-based blockchain payments firm has been locked in a long-drawn-out legal dispute with the Wall Street regulator.
Ripple has thrown millions behind Kamala Harris.
Ripple's legal challenge could redefine regulatory boundaries in the crypto industry, potentially limiting the SEC's influence over digital assets. The post Ripple to file Form C as SEC prepares for appeals battle over XRP sales appeared first on Crypto Briefing.
The ongoing legal battle between Ripple and the SEC, Marc Fagel, a former lawyer for the SEC, has shed light on a recent filing that has raised speculation within the XRP community. The case, which has been closely watched by cryptocurrency enthusiasts and investors, has seen its fair share of twists and turns.
Check out why XRP, SHIB, and other leading cryptocurrencies could head north soon.
Ripple SEC lawsuit continues with the company's civil appeal document today to contest the SEC's claims regarding XRP's institutional sales.
Ripple Labs CEO Brad Garlinghouse has been skeptical of crypto regulation in the U.S., but he is feeling highly optimistic about the post-election environment around the corner.
Former President Donald Trump recently hinted that he might nominate individuals for the position of SEC chair if he wins the upcoming election in November. He pledged that on his first day in office, he would fire current SEC Chair Gary Gensler. In an interview with David Lin, Commissioner of the U.S.
XRP price has struggled to regain bullish momentum over the past four weeks, with the altcoin experiencing a lack of significant movement. As a result, many key holders have seen their profitability decline, putting additional downward pressure on the cryptocurrency.
Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.
XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading activity over the past 24 hours, reflected in its trading volumes.
In a recent interview, Ripple CEO Brad Garlinghouse admitted that the payments technology company should have done better with its relations with regulators in the United States in the early days of XRP. This comment was made in relation to the legal enforcement actions Ripple has been facing in the past few years.
XRP is capturing the attention of analysts and investors alike. Recently, crypto market commentator Steph shared insights on social media platform X (formerly Twitter), predicting a possible surge in XRP's price to $40.
XRP price is on the road to recovery after dipping to $0.5141 during Wednesday's late New York trading session. The asset has stagnated for a long time, often bouncing between $0.5 and $0.7 despite numerous adoptions surrounding Ripple.
On Thursday, enterprise blockchain company Ripple is supposed to file its pre-appeal statement (Form C), according to Fox Business.
"20x to 30x for XRP from here is not that crazy. It's actually capable of more," BitBoy suggested.
Ripple Labs CEO Brad Garlinghouse remains confident that an exchange-traded fund (ETF) for (CRYPTO: XRP) is “just inevitable” despite ongoing regulatory challenges. As institutional demand for cryptocurrency surges, Garlinghouse emphasized the importance of crypto ETFs, pointing to the explosive growth seen in Bitcoin ETFs since their approval.
Ripple CEO reveals Citibank severed ties with him over his crypto affiliation, underscoring the challenges faced by the industry.
Ripple CEO Brad Garlinghouse has expressed optimism about the future of an XRP-focused exchange-traded fund (ETF).
Ripple's CEO predicts that U.S. elections will spark a regulatory reset for crypto, as both candidates bring unique approaches.
Ripple's price has been bearish over the last few weeks as it failed to continue its upward momentum. Looking at the technical charts, more downsides are probable in the short term.
Ripple CEO Brad Garlinghouse says an XRP ETF approval is inevitable, pointing to growing institutional demand for crypto ETFs.
Ripple vs SEC lawsuit is set to proceed in the U.S. Second Circuit Court of Appeal as the government agency filed Form C. Surprisingly, the US Securities and Exchange Commission has reinstated securities law violation charges against Ripple executives Brad Garlinghouse and Chris Larsen.
The cryptocurrency market is showing signs of recovery, with several XRP competitors emerging as strong contenders. These coins have demonstrated remarkable growth, making them potential investments to transform $1 into $1000 by 2024.
ChatGPT and CoinCodex talk about the future of crypto for banks.
With increased price volatility in the cryptocurrency market, top tokens have regained momentum. Moreover, altcoins such as Solana and Ripple have gained significant attention from the crypto space due to their extremely volatile price action over the past few days.
Chris Larsen, the co-founder of XRP and executive chairman of Ripple, has donated a remarkable $10 million in XRP to support Vice President Kamala Harris' campaign for the upcoming 2024 presidential election. This substantial contribution not only underscores Larsen's commitment to Harris but also highlights the increasing significance of digital currencies in political fundraising.
Ripple CEO predicts a crypto industry reset, highlights presidential candidates' contrasting stances, and expects the inevitable approval of an XRP ETF.