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news-imageOctober 11, 2024

XRP's Path to $1 Delayed: Legal Expert Predicts SEC vs. Ripple Battle Will Extend to 2026

The legal conflict between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to unfold, with recent analyses suggesting that the resolution of this high-stakes battle may be delayed until 2026. As tensions rise and uncertainty grows, the implications for XRP's price trajectory are significant, particularly regarding its potential to reach the $1 mark.
Publisher: The Currency Analytics
Sentiment: Negative
XRP

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Neutral
cover-imageCoingape
October 11, 2024

Ripple Chairman Donated $1M XRP To Kamala Harris Amid SEC Lawsuit

Ripple Chairman Chris Larsen has made a notable $1 million cryptocurrency donation in XRP to support U.S. Democratic presidential candidate Kamala Harris. This is the first time that Harris has received a donation in the form of cryptocurrency and underlines Ripple's backing of the candidate, even as the firm faces ongoing litigation with the US

Neutral
cover-imageUToday
October 11, 2024

Ripple CEO Breaks Silence on Cross-Appeal Move

Ripple CEO Brad Garlinghouse has recently spoken out about the company's decision to file a cross-appeal against the SEC. It should be recalled that earlier in October, the SEC appealed the decision ordering Ripple to pay a $125 million civil penalty on its XRP sales, a fraction of the $2 billion sought by the regulator.

Negative
cover-imageCoinPedia
October 11, 2024

Ripple Vs SEC: Why Is the SEC Still Calling XRP a Security?

Despite a court ruling stating that XRP is not a security, the U.S. Securities and Exchange Commission (SEC) continues to insist that it is. This stance has sparked significant speculation as Ripple, the company behind XRP, files a cross-appeal against the SEC's claims in the ongoing legal battle.

Negative
cover-imageUToday
October 11, 2024

XRP Just Survived Biggest Crash

For close to four years, the price of XRP has faced an almost unending drawdown. This is because of the U.S. Securities and Exchange Commission (SEC) lawsuit, which has triggered bearish sentiment for the coin.

Negative
cover-imageInvezz
October 11, 2024

Bitnomial sues SEC over continued claim that XRP is a security

Crypto derivatives exchange Bitnomial has sued the United States Securities and Exchange Commission over the agency's attempt to “overextend its jurisdiction” to crypto derivatives. In the lawsuit filed on October 10, Bitnomial accused the SEC of trying to claim regulatory authority over the crypto exchange's planned offering of XRP Futures contract.

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