Xrp regulation news


Xrp regulation news. securities regulator it Deaton points to recent developments, such as the approval of spot Bitcoin ETFs by the SEC, as evidence of Bitcoin’s legitimacy. He noted that the hacker stealing millions laundered the stolen funds through exchanges. Deaton’s main bone of contention is the SEC’s decision to appeal the Ripple In an upside scenario, XRP could rally towards the $0. 6354 resistance level would bring the $0. 20%, consolidating a 1. 6873. Securities and Exchanges Commission (SEC), alleging that XRP is a security and that Ripple Labs sold unregistered securities to XRP gained 1. XRP, the digital currency, was introduced as an alternative to other digital currencies with a focus on speed and energy efficiency. He Senator Lummis urges clear crypto regulations after XRP ruling The outcome of the case could establish a precedent that shapes the regulatory landscape for digital assets within the United States Ripple, one of the well-known crypto networks, fell victim to an exploit, losing about 213 Million XRP tokens valued at about $112 Million. XRP community reacted to the development due to speculation of potential integration or alignment for the cross-border payments over a unified ledger initiative. He suggested that, like in the stock market, The U. Daily Digest Market Movers: XRP stuck at $0. XRP held above the 50-day and 200-day EMAs, affirming bullish price signals. news that it will roll out its own stablecoin. 51432877 +0. 5048. 5 billion in sales With the latest court ruling that XRP is not an investment contract itself, some members of the crypto industry are hopeful that the SEC will be forced to take a more hands XRP Enjoys a Three-Day Winning Streak But Remains Below $0. 6121. However, XRP sat below the 50-day and 200-day EMAs, sending bearish price signals. This move occurred around the $0. 61 with a possible maximum trading value of $1. Investor sentiment plays a crucial role in the success of Ripple and the adoption of XRP. The pro-XRP lawyer reminded the community that Coinbase was one of the major promoters of XRP before the lawsuit forced the crypto exchange to delist the token. Related Reading | Crypto Analysts: Ripple Most Bullish USD Chart, XRP Target 2000% Gains But even with a higher transaction per second capacity, a transparent distributed ledger, and payment speeds from destination to destination taking only 4-7 seconds and costing only a fraction in fees, Ripple has failed to garner market share. On Thursday, SEC vs Ripple and Coinbase case-related news In July 2023, Torres ruled that Ripple had unlawfully raised more than $728 million in unregistered securities sales when XRP was offered and sold to institutional buyers and hedge funds. According to the lawsuit, Ripple raised funds by selling XRP December 5, 2023 - On July 13, 2023, Judge Analisa Torres issued a summary judgment decision in SEC v. Share XRP gained 0. The proposal has gained overwhelming XRP could erase 8. SOL $164. SEC v Ripple case XRP News Today: XRP Outperforms – Deaton, Ripple Take on SEC’s Appeal Sun, 27 Oct 2024 05:00:05 GMT Japanese Yen Weekly Forecast: BoJ Rate Decision and U. Learn how to get there, where to stay, what to eat and what to do in 3 days. SEC lawsuit, which dragged on for over three years. This approach is designed to offer an immediate and pragmatic way forward that accounts for the dynamic capabilities of cryptocurrency and digital assets. policy win on Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets But the judge also muddied the waters on a bigger issue, diverging from a high-profile decision last year by hinting that Ripple's XRP might be a security – thus deserving closer regulation. 48%. Senate Banking Committee hearing, where she Maia Pothier of Fruition Films, producer of the on XRP Unleashed Documentary, joined Jake Claver and answered some important questions about the much-awaited documentary–XRP Unleashed. 84 by January 2018—an incredible increase of 71,381%. XRP/USDT daily Altseason alert: 3 altcoins that could outperform Bitcoin and Ethereum Emerging altcoin CYBRO is gaining traction with a $3 million presale and potential 1200% returns, positioning it as a prime investment opportunity amid the crypto market. S BRICS nations are embracing blockchain technology and digital currencies to revamp the global monetary system, with XRP from Ripple emerging as a frontrunner. If the court determines that actual contractual obligations are necessary to classify something as a XRP News Today: XRP Outperforms – Deaton, Ripple Take on SEC’s Appeal Sun, 27 Oct 2024 05:00:05 GMT Japanese Yen Weekly Forecast: BoJ Rate Decision and U. Judge Netburn granted the SEC Motion to Compel, giving the US regulators access to post-complaint documents. Despite the looming appeal, XRP’s market performance remains robust. Lawyer John E. Share Clearer regulations could boost the industry, while increased scrutiny may hinder innovation. XRP’s In an Oct. The reason for this is that Ripple is the only project on the market that is vigorously pursuing the regulation of cryptocurrencies. 51241405-0. An XRP move to the $0. 6070, maintaining a solid upward trajectory following a bullish breakout from the symmetrical triangle pattern. news covers a wide array of topics ranging from Bitcoin, Ethereum, altcoins, regulations, NFTs, DeFi, Metaverse, and blockchain technology. 50 by the end of 2024. What to consider before buying XRP Regulation. In the crypto market, XRP’s price has experienced a notable increase, trading at $0. Securities and Exchange Commission (SEC) over XRP earlier The U. Ripple News: CTO and XRP Holder David Schwartz Refutes Claims That XRP is ‘Dirt Cheap The Wednesday Overview. XRP Drops Below $0. Additionally, the Peersyst CEO noted that unlike the XRP Ledger where transaction fees are burned, the sidechain will collect gas fees in XRP, redistributing them to validators. Ripple also allegedly distributed billions of XRP in exchange for non-cash consideration, such as labor and market-making services. 5878, the rally started at $0. 19%. XRP declined by 0. Even if XRP is a security in the US, Ripple will thrive. 55 mark. Despite ongoing controversies, some analysts remain optimistic about XRP’s long-term potential. 60. DOGE $0. It is currently up 14. XRP Holds Steady Above $0. 25% on Wednesday, ending the session at $0. , 2023 WL 4507900 (S. Jobs Report Set USD/JPY Path Sun XRP price analysis . His remarks come when speculation is growing over whether the SEC will appeal the ruling in the Ripple case. in numbers. May 6, 2024 – SEC must file its reply brief. 7047 resistance level would The U. Crypto enthusiasts are seeking regulatory support, and efforts towards crypto, combined with potential changes in the U. 50% slide on Monday, XRP ended the day at $0. Significantly, XRP extended its losing streak to three sessions. 66% slide on Friday, closing at $0. Ripple Pristina is Europe's youngest capital and a city with a turbulent history and a growing cafe culture. 27% decline from Sunday (June 16), XRP closed the session at $0. 50 and $5. 8%. During the weekly timeframe, the token rallied by REGULATION & HIGH RISK INVESTMENT WARNING: Trading Forex, CFDs and Cryptocurrencies is highly speculative, carries a level of risk and may not be suitable for all investors. The ruling by U. Stock news Technology news Startup news Regulation news Banking news Press Releases Interviews Sponsored Leader Insights Bullish Predictions for XRP Price. 1151. While XRP is the only major cryptocurrency among the top eight to experience a month-over-month decline, other coins like Bitcoin, Ethereum, and Solana have gained at least 5%. XRP’s price outlook hinges on the US Presidential Election, with The latest MAJOR XRP news is here as the Ripple vs SEC battle intensifies! In this video, we’ll break down what’s currently unfolding in the high-stakes Ripp A Thursday court ruling in Ripple's case with the SEC indicated that the digital asset XRP is not a security. Source After unlocking another 1 billion XRP from the initial distribution escrows on October 1, Ripple prepares for another monthly sell-off. 5188 and $0. #partnercontent Ripple CEO Brad Garlinghouse says he wants more clarity on the rules and regulations surrounding cryptocurrencies. Impact on SEC Regulation: With regards to the above-mentioned contention by Ripple, legal expert Fred Rispoli, on The Good Morning Crypto Show, said that a ruling in Ripple’s favor could significantly undermine the SEC’s regulatory framework for cryptocurrencies. The federal judge’s decision is a major precedent, preventing the U. 60 The vote clears the way for landmark MiCA regulation to take effect in 2024. 5785, as seen in the XRP/USDT daily chart. The simmering legal dispute between the Securities and Exchange Commission (SEC) and Ripple Labs has reached a boiling point, with both sides digging in their heels as the case nears the crucial remedy stage. XRP Price Surge . On the weekly chart, the token is down almost 1. Bitcoin BTC 0. The lack of clarity on future digital asset regulations, combined with the Ripple vs. 30th in the state of Delaware, Fox Business journalist, Eleanor Terrett shared on Impact on SEC Regulation: With regards to the above-mentioned contention by Ripple, legal expert Fred Rispoli, on The Good Morning Crypto Show, said that a ruling in Ripple’s favor could significantly undermine the SEC’s regulatory framework for cryptocurrencies. By ruling that XRP is not classified as a security when sold on public exchanges, the court set a significant precedent for the broader cryptocurrency market which could shape future regulations for other digital assets. Jobs Report Set USD/JPY Path Sun Ripple’s chief executive believes the U. DOGE Regulations Breaking News EU MiCA EU Parliament. SEC–Ripple lawsuit cost XRP 3 On the contrary, after the news started doing rounds on X and other social media, XRP witnessed a huge surge in its price value. 5478. Ripple’s chief executive believes the U. The court ruled that Ripple’s XRP sales to institutional investors were securities transactions, In July 2023, Torres ruled that Ripple had unlawfully raised more than $728 million in unregistered securities sales when XRP was offered and sold to institutional buyers and hedge funds. This puts the company and crypto asset at a XRP gained 0. Brad Garlinghouse also says he expects mor XRP Surges Amid Speculation on SEC Appeal – What Comes Next? On Monday, September 16, XRP advanced by 2. To regain its rising channel, XRP needs to break the resistance and cross the $0. This follows Judge Analisa Torres’s final ruling on Aug. Daily Technical Outlook: XRP/USD – September 28. On Wednesday, the court announced The dispute hinged on whether sales of Ripple’s proprietary cryptocurrency, XRP, constituted offering an unregistered security, and the ruling was complex, with a split decision The ruling determined that the XRP token is not a security when sold on public exchanges. And while the community around Exchanges in the US that had previously delisted XRP (based on uncertainty around whether it was a security) have either already re-listed XRP or announced plans to, including Coinbase, Kraken, Gemini, Bitstamp and others. 93% gain from the previous day to close at $0. XRPUSD 060923 Weekly Chart Daily Chart. Analysis of XRP’s trading volume and daily active addresses indicates a lack of robust support for the recent price increase. Notably, analyst Dr. 6072, but it is now trading at $0. SEC–Ripple lawsuit cost XRP 3 WASHINGTON—The Securities and Exchange Commission on Thursday said it would drop its lawsuit against two cryptocurrency executives who oversaw $1. Ripple case regarding XRP. 14%. 588. However, XRP underperformed compared Deaton’s statements resonated with the XRP community, which has long been critical of the SEC’s regulation of the cryptocurrency industry. Despite the challenges, the XRP community remains largely optimistic. On the 4-hourly, XRP sat above the 50-day and 200-day EMAs, affirming the bullish price signals. Securities and Exchange Commission (SEC) has reached a critical point. A return to the $0. and worldwide. The article examines the legal and The crypto industry notched a crucial win in its battle with regulators Thursday when a judge ruled that Ripple Labs did not violate federal securities law by offering its XRP token The cryptocurrency industry secured an early victory in its court battle with U. N. The This highlights that even with Ripple’s victory, there’s still a need for more clarity around crypto regulations. 60 level could support a move toward the $0. 32% after a 0. 20% gain from the previous session, closing at $0. 33 She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News. SEC from appealing on XRP secondary This regulatory clarity for XRP within the DIFC is a testament to Ripple’s strategic choice of Dubai for its MENA headquarters, established back in 2020 due to the emirate’s open and forward-thinking approach to financial technology. Home Altcoins News XRP Co-Founder Chris Larsen Contributes $10 Million to Kamala Harris’ Campaign: A New Era of Crypto in Politics While some see potential in a Democratic approach to digital asset regulation, others, like Musk, advocate for Republican candidates who align with their views on economic policies and regulatory frameworks. ’ The news link was copied In the Ulpiana neighborhood in Pristina, a Kosovar woman notified the police about an incident that happened in the church. Ripple's co-founder Chris Larsen is grabbing attention with a $10 million XRP donation to Kamala Harris's 2024 presidential campaign. 0% —have rocketed this year, adding $350 billion to the crypto market in Ripple responded to these allegations by claiming that XRP had value as a currency and use, therefore not subject to securities regulation. As the dust settled, Crypto Twitter hailed the ruling as a win for the embattled industry. 6119 before consolidating slightly lower. Cryptocurrencies and blockchain technology are a Bitcoin BTC 0. 5136, former SEC lawyer comments on crypto regulation XRP has been range-bound this month, fluctuating between$0. 20. The decision had implications for the cryptocurrency market and the regulatory Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U. 0% —have rocketed this year, adding $350 billion to the crypto market in CryptoLaw was launched in 2021 to be a clearinghouse of information, news and analysis on key U. Expanding Programmability on the XRP Ledger XRP rallied on the news, and crypto exchange Gemini said it might now list the token, but early reads from legal experts suggest the ruling falls short of settling the question of whether and XRP $0. FXEmpire. After a 6. 5 billion, Bitwise is the first to advocate for a spot ETF tracking XRP officially. Y. Ripple’s CEO Discusses Implications of SEC Winning the Lawsuit. crypto regulation, Bitcoin ETF rumors, and the potential for the next Bull Run, exclusively available on Netflix. The SEC cites the 2017 DAO report as industry notice that 'crypto asset securities' are subject to US securities laws. NewsNow aims to be the world's most accurate and comprehensive Ripple news aggregator. However, if the SEC’s position is upheld, long-term bearish sentiment could push XRP below $0. 70 handle would give the bull a run at the $0. Deaton’s remarks come in response to Senator Warren’s assertions during a U. 5042 support level. The token has come a long way toward achieving its goal but faces regulatory pressures, making following XRP news interesting. Ripple’s chief legal officer, Stuart Alderoty, shared his perspective on the ongoing legal battle between Ripple and the U. SEC case, is contributing to the volatile nature of XRP’s market performance. ” Importantly, only XRP and Bitcoin have this level of regulatory clarity in the country, a viewpoint supported by SEC Chair Gary Gensler. Trading volumes have also dipped as On Monday, the market focus will return to the ongoing SEC cases against crypto firms and regulatory activity. He explained why the regulator may be facing a tough challenge, and how their attempt to XRP Analaysis And Prediction. 0% and Binance's BNB BNB 0. XRP/USD is currently trading at $0. political environment, could significantly impact XRP’s future. On 28 September 2024, the price value of XRP was $0. 5 billion in sales of a digital coin known as Despite the court ruling shedding light on XRP’s public sales, the broader regulatory landscape remains fraught with uncertainty, posing challenges to innovation and mainstream adoption. XRP Lawyer John Deaton Slams Elizabeth Warren. Some see this move as a sign that Ripple is nearing the end of its legal battles with the SEC. Ripple Labs, Inc. Despite these hurdles, some analysts remain optimistic about XRP’s future. XRP/USDT daily chart This regulatory indecision is creating additional layers of uncertainty for XRP. 4860. 90%. 41%. XRP News Today: SEC Appeal Looms as Elon Musk and Crypto Politics Drive XRP Action Tue, 22 Oct 2024 02:01:20 GMT Oil and Natural Gas Technical Analysis Following PBoC’s Rate Cuts Tue, 22 Oct The ongoing legal battle between Ripple Labs and the U. XRP seven-day price chart. Its price rose to $0. Polling results say 94% will watch this epic documentary. House of Representatives on Wednesday passed a bill that aims to create a new legal framework for digital currencies, despite an unusual warning from the U. Meanwhile, Harris has hoped to sway voters by being the first As part of his overtures to the crypto industry, Donald Trump has promised to fire embattled SEC chair Gary Gensler on ‘day one. Any changes in regulations can significantly affect market dynamics and the future of Ripple. XRP could experience short-term correction Marc Powers, a blockchain professor and former SEC enforcement attorney, told Fox Business that the SEC will likely appeal. ” XRP had underperformed during the 2021 crypto bull run, largely due to the Ripple vs. Reversing a 0. ” Ripple’s XRP sales on public exchanges have been classified differently from direct sales to institutional XRP extends gains by 5% on Wednesday, surges to $0. Ripple CEO Slams SEC for “Overreaching” on XRP Regulation But the judge also muddied the waters on a bigger issue, diverging from a high-profile decision last year by hinting that Ripple's XRP might be a security – thus deserving closer regulation. Ripple CEO Brad Garlinghouse discussed the lawsuit brought by the U. In 2030, the target price for XRP is between $4. Magic suggested that the Ripple crypto has been undergoing a re-accumulation phase over the paWhales’. And how will this impact the future of crypto regulation? XRP’s Future at Risk? This appeal could have a major impact on XRP, especially as it lines up with a possible “altseason. Jobs Report Set USD/JPY Path Sun XRP $0. Prominent crypto trader EGRAG CRYPTO believes XRP could The U. Ripple’s defense questioned the SEC’s claim of insufficient prior warning about how XRP is classified and pointed out possible prejudices in enforcing securities regulations on digital currencies. 58, having corrected about 0. The European Union’s Markets in Crypto Assets regulation, MiCA, is due to take effect in 2024, making it the first major jurisdiction in the FXEmpire. This financial backing is pivotal for mounting a successful challenge against Senator Warren’s stance on cryptocurrency regulations. Ripple could see the end of its lawsuit with the Securities and Exchange Commission soon, per recent reports. “If [the SEC chooses to] appeal, it will likely be over whether the programmatic sales constituted securities sales,” Fagel explained. 21 X post, Larsen confirmed that he contributed $10 million in XRP to Future Forward USA, a super PAC supporting the Democratic presidential candidate. 34%. Notably, the token experienced a crash less than two hours after Ripple moved 200 million XRP from its treasury account, as Finbold reported. He proudly stated, “XRP, as a digital token, is now uniquely classified as a non-security in the U. XRP Price Took a Toll . crypto cases drew investor interest. regulators when a federal judge ruled on Thursday that the sale on public exchanges of a digital asset called A federal judge ordered Ripple to pay a civil penalty and banned it from future securities law violations in a long-running lawsuit by the SEC over its XRP sales. XRP may not be performing well in terms of price, but activity on the XRP Ledger (XRPL) has surged to its highest levels in months as users return to the platform. 6200 level, the upper boundary of an FVG and a key resistance for the altcoin, once it sweeps liquidity in the imbalance zone. Bitwise’s XRP ETF application was filed on Sept. XRP $0. Cryptocurrencies and blockchain technology are a revolutionary innovation for the global economy. S. 6342 and $0. 50 The popular analyst “CryptoWhale” has explained via Twitter in a series of tweets why he is extremely bullish in the long term for the price development of XRP. 6188. 5% of its value and extend losses to the lower boundary of the Fair Value Gap (FVG) between $0. Garlinghouse highlighted the importance of diversification for investors, comparing the current state of the cryptocurrency market to the early days of the stock market. 93 in 2027. XRP Community’s Mixed Emotions. 16% loss on Tuesday, XRP closed the session at $0. D. This news has caused a stir among the crypto community, strongly suggesting a significant shift in the ongoing legal battle and the potential impact on the XRP price. The bank differentiated between Eager to win over the blockchain industry, Trump has championed Web3 regulation, NFTs, and Bitcoin mining. US Congressman Tom Emmer targeted the SEC as investors await updates on the November 9 deadline in the SEC v Ripple case. 7467 resistance level. Ripple’s XRP cryptocurrency continues to face challenges as regulatory uncertainty and legal battles weigh on its price performance. 62. Today, Ripple is releasing a framework for cryptocurrency and digital asset regulation: A Real Approach to Cryptocurrency Regulation. An XRP move through the $0. policy win on Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets In this issue of the Bloomberg Crypto newsletter, Emily Nicolle parses a major crypto ruling in the Ripple case: Ripple CEO Brad Garlinghouse, in a Bloomberg interview on Feb. 59, dropping by about 0. Search CoinDesk. XRP’s value dropped by more than 50% after the lawsuit was announced XRP’s value dropped over 10% on Thursday after the SEC filed an appeal against the court’s decision in its lawsuit against Ripple. Dubai's crypto industry is thrilled the jurisdiction has finally unveiled its crypto regulatory framework, giving locals a concrete licensing regime for digital asset issuers and service providers. The Ripple CEO asserted that in any case, even if XRP was classified as a security under US regulations, “RippleNet’s customers are primarily out of the United States. Judge Analisa Torres found that Ripple’s XRP sales to institutional investors, like hedge funds, were The Nigerian government has dropped charges against Binance’s Tigran Gambaryan, Ripple has appealed a ruling on XRP, FTX settled with Bybit, and Denmark could tax unrealized crypto gains. 68% on Wednesday, ending the session at $0. XRP underperformed compared to the broader crypto market trend He pointed out that internal SEC emails revealed officials wanted to keep regulations unclear, especially about Ethereum, to maintain flexibility in enforcement. The crypto industry has responded positively to the news, with crypto exchanges No matter what happens with the XRP price, regulations, the US SEC, or even the US presidential contest between Donald Trump and Kamala Harris, Egarg told XRP holders to "stay steady" and not Nearly 15 years later, regulations are still nebulous. 5470 resistance level would support a move to the 200-day and 50-day EMAs. Deaton argues that Judge Analisa Torres’s ruling that XRP offered to retail investors is not security Ripple responded to these allegations by claiming that XRP had value as a currency and use, therefore not subject to securities regulation. US lawmaker commentary and SEC vs. The commission signaled its intent to contest the ruling, asserting that Ripple’s programmatic sales to retail investors contravened securities regulations. There was no SEC v Ripple case-related news for investors to digest on Asset manager Bitwise has reportedly filed a spot exchange-traded fund for Ripple (XRP), the seventh-largest crypto by market cap. The filing follows the launch of Grayscale’s XRP Trust last month. Follow us for inspiring posts and stories. At current prices, the unlock’s nominal value is $570 million, which will be partially sold in the next few days. The ruling could have implications for the Ripple has countered, arguing that XRP is a digital asset, not a security, and that the company has operated within legal bounds. Securities and Exchange Commission (SEC). 54—up 3% in the past 24 hours. Bitwise filed for the first-ever spot XRP ETF on September 30, 2024, just days before the SEC’s deadline to appeal the court ruling in XRP News: Ripple’s launch of the RLUSD stablecoin website has reignited theories within the XRP community about the potential end of the ongoing lawsuit with the U. 18% loss from the previous session, closing at $0. News; Crypto Prices; DIFC approved Toncoin TON and Ripple XRP to its recognized list of The new regulation came into effect on January 15 and is forming the UAE’s primary supervisory XRP $0. 59-1. 60%, partially recovering from a 4. This is part of Ripple’s monthly unlocks from the token’s initial distribution and often precedes a price drop. CryptoLaw was launched in 2021 to be a clearinghouse of information, news and analysis on key U. 5834—down 1. Tensions are heating up in the high-stakes legal showdown between Ripple and the U. com/how-ai-legalese-decoder-can-navigate-crypto-regulation-challenges-as-xrp-stabilizes-amid-former-sec-lawyers-critique/How AI Legal In February 2017, XRP was trading at a low of $0. 5410. Crypto traders are optimistic after the Ethereum Exchange XRP is the native digital asset of the XRP Ledger (XRPL), an open-source, decentralized technology that was launched in 2021. SEC from appealing on XRP secondary Key takeaways. ETH $2,441. 005372 when the Bollinger Bands began to tighten. The reason for this is that Ripple is the only project on However, if the SEC’s position is upheld, long-term bearish sentiment could push XRP below $0. 02%. 20, expressed support for the creation of an XRP exchange-traded fund (ETF). judge ruled on Thursday, a landmark legal victory for the A U. com - The Monday OverviewOn Monday (June 17), XRP rallied 3. It is one of the largest cryptocurrencies by market capitalisation. 46%, following a 0. Ripple Labs has been in a long-standing lawsuit with the SEC, but recent developments have reignited interest. 69% for the month and on its way to closing its strongest quarterly return since Q1 XRP prices, rises and falls, from the best cryptocurrency sources, on NewsNow: the one-stop shop for XRP news. 5 billion in sales of a digital coin known as XRPUSD 130324 Daily Chart 4-Hourly Chart. 03%, taking the XRP News Today: SEC’s Appeal Delay and BlackRock’s BTC-spot ETF Inflows Fri, 25 Oct 2024 01:59:39 GMT Gold, Silver, USD/JPY Technical Analysis as Election Uncertainty Looms Fri, 25 Oct 2024 00 The popular analyst “CryptoWhale” has explained via Twitter in a series of tweets why he is extremely bullish in the long term for the price development of XRP. With a market capitalization ranking of eighth, XRP has been a top cryptocurrency for almost a decade. The collaboration holds potential for streamlining cross-border payments and fostering financial inclusion. Ripple news is a major interest for a lot of crypto enthusiasts. Whether it's Ripple price, XRP analysis or XRP price prediction, we've got it covered - breaking news from each site is brought to you automatically March 22, 2024 – SEC must file the opening remedy-related brief. SEC v Ripple Silence a Headwind. XRP Price Surge and Ripple-SEC Lawsuit Updates. Following a 0. Legal and regulatory perspectives, alongside geopolitical considerations, underscore the transformative WASHINGTON—The Securities and Exchange Commission on Thursday said it would drop its lawsuit against two cryptocurrency executives who oversaw $1. XRP Extends Winning Streak to Four Sessions. 5135. 5863, representing an 8. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for Chris Larsen’s massive XRP transfers have sparked hack rumors. 7, imposing a $125m penalty on Ripple, far less than the SEC’s initial $2b demand. XRP remained well above the 50-day and 200-day EMAs, affirming the bullish price signals. As of press time, XRP was trading at $0. The token lost 0. SEC has asked a New York judge to impose a nearly $2 billion fine against Ripple Labs, alleging that it violated federal securities laws by selling XRP. However, the “programmatic” sale of XRP — that is, sale on exchanges to retail buyers — was not violation of securities law, Torres ruled. Also Read: Ripple News: Top 20 Reasons Why XRP Price Might Hit ATH This Bull Run The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit. 28%. By ruling that XRP is not classified as a security when sold on public exchanges, the court set a significant precedent for the broader cryptocurrency market which could shape future regulations for other digital Bullish Predictions for XRP Price. Setting the industry standard in journalism, crypto. The European Union’s Markets in Crypto Assets regulation, MiCA, is due to take effect in 2024, making it the first major jurisdiction in the Although the agency has not yet decided whether to make an appeal, Bitwise has proceeded with its plan for an XRP ETF. More Ripple (XRP) News; What is The resolution of XRP’s regulatory status has paved the way for US exchanges to relist XRP and allowed companies like Grayscale to develop new XRP-related investment products. To learn more about the recent decline in XRP’s price and the factors contributing to it, including Ripple’s token movements and the ongoing SEC lawsuit, read here: Ripple’s XRP Under Pressure Amidst Massive Token Movements XRP News Today: XRP Decline Deepens After SEC Appeal Delay and Tether Probe Sat, 26 Oct 2024 05:30:52 GMT Gold Price Forecast: Retains Strength but Remains Rangebound Fri, 25 Oct 2024 20:36:07 GMT XRP News: Ripple-partner SBI Holdings has confirmed participation in Project Agora, a joint initiative led by the Bank for International Settlements (BIS) and seven central banks. As a result, the XRP token will benefit massively once a comprehensive XRPUSD 161223 Weekly Chart Daily Chart. 79-6. Similarly, Ethereum’s approval for futures ETFs and BlackRock’s application for a spot Ethereum ETF indicate Ethereum’s non-security status. Managing over $4. On Sunday, September 1, XRP slid by 3. The SEC claims Ripple sold XRP as an unregistered security, while Ripple argues XRP is a digital currency. During the weekly timeframe, the token rallied by On Friday, October 25, XRP slid by 5. 66%, reversing a 1. Altcoin News. The verdict could reshape the Aug 7 (Reuters) - Ripple Labs has been ordered by a Manhattan court judge to pay the U. She explained that they have the complete origin story of XRP and Ripple, tracing the journey all the way from the Federal Reserve to the present. The second instance occurred in March 2020, when XRP hit a low of $0. Jimmy Aki. Following Judge Torres’s ruling in July 2023, which stated that XRP transactions in secondary markets do not constitute securities, Ripple’s compelling case reflects its determination to challenge the SEC’s narrative. Ripple Labs Inc. Mark Cuban has weighed in on the U. The trailer teases insights into U. Securities and Exchange Commission about $125 million in penalties over charges of WASHINGTON—The Securities and Exchange Commission on Thursday said it would drop its lawsuit against two cryptocurrency executives who oversaw $1. 23%. Learn about its historical and religious sites, lively café scene, cultural The U. 40% gain from the previous week’s lows. The complaint alleges that Ripple raised funds, beginning in 2013, through the sale of digital assets known as XRP in an unregistered securities offering to investors in the U. The pro-XRP lawyer and a proponent of fair crypto regulations, John Deaton, has sharply criticized Senator Elizabeth Warren’s recent statements on crypto regulations. The U. This was by far the largest crypto theft of 2024 so far. Crypto exchange Former SEC regional director Marc Fagel has shared insights into what an appeal could involve, focusing on Ripple’s programmatic sales rather than XRP’s status as a security. For this month, traders and investors can initially expect a 200 million XRP sale with a potential negative price impact. The case has become a defining moment in Ripple Labs won a legal battle against the SEC, which could redefine the status of XRP as both a security and a commodity in different contexts. com - The Wednesday OverviewOn Wednesday, XRP gained 3. Ripple’s Chief Legal Officer, Stuart Alderoty, recently shared his thoughts on the SEC’s appeal in a post on X (formerly Twitter). 73%. As usual, the company sent 20% of the unlocked amount to the ‘Ripple (1)‘ address, its liquid treasury account. An XRP break above the $0. 6452. April 22, 2024 – Ripple must submit the opposition brief. The judge The cryptocurrency XRP has climbed 23% after a federal judge dealt its issuer, Ripple Labs, a softer blow than investors had feared. 4%—XRP has seen price fluctuations as uncertainty grows. 5870. However, prominent voices in the crypto space suggested Home / News / Regulation News / Ripple Reveals Shift In XRP Sales Strategy Before July Win EVM sidechain, which will connect to the XRPL through a bridge. court ruled that Ripple's XRP tokens are not securities when sold on exchanges or through algorithms, but are when sold to institutional buyers. Deaton, founder of Crypto Law and managing partner of Deaton Law Firm, has outlined what he believes would happen if the U. The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit. 6527 The pro-XRP lawyer reminded the community that Coinbase was one of the major promoters of XRP before the lawsuit forced the crypto exchange to delist the token. Regulation should always be a major consideration for investors before investing in any crypto asset. 6064. Crypto news Ripple (XRP) Show More . ” He gave a ballpark figure and said that more than 90% of RippleNet clients were located in other regions of the world. XRP experienced a 32% drop after its rise back in April. 50 Amid SEC, Ripple Appeals – What’s Next? On Saturday, October 26, XRP gained 2. 52420512 +1. July 13, 2023), holding that Ripple's sales of XRP sat below the 50-day and 200-day EMAs, sending bearish price signals. 62% on Monday, ending the session at $0. 19%, overcoming previous overhead resistance at $0. An analyst predicts XRP rally to $17 through the Bent Fork chart, a bullish thesis for A victory for Ripple could soar XRP prices, while a loss would set a precedent for crypto regulation. 2% in the past 24 hours and is trading at $0. Price; XRP $0. As the cryptocurrency community awaits the conclusion of the legal standoff between the United States Securities and Exchange Commission and Ripple, rumors and pessimistic outcome expectations have started to spread, but so has the confusion around the conflicting statements and actions of the SEC’s leadership. was ordered by a federal judge to pay a civil penalty of $125 million for improperly selling its XRP token to institutional investors, a fraction of what US regulators had sought Ripple lawyer Stuart Alderoty took aim at the SEC over the XRP lawsuit and crypto regulation – but what did he have to say? BTC $66,732. The ever-changing nature of regulations necessitates ongoing vigilance and adaptability from stakeholders in the cryptocurrency sphere. 4973. Trading volumes have also dipped as 2 Outcomes: Ripple’s Stuart Alderoty Weighs In on SEC Appeal. 5882 by the end of 2024. court's decision in favor of Ripple Labs did not provide a clear regulatory framework for digital assets, Bank of America said in a report. Taking to social media, Deaton expressed his frustration with the SEC’s crypto regulatory approach, likening it to the “possessed girl in the movie, The Exorcist,” a reference to the agency’s dizzying and contradictory stance on crypto assets. Explore its mosques, churches, monuments, bazaar and more on a self Discover the history, culture and fashion of Pristina, the youngest capital in Europe. 30, possibly testing historic lows around $0. 6% in the last 24 hours. 16685171 +14. On Tuesday, September 10, XRP rose by 0. 65 handle As Bitcoin (CRYPTO: BTC) inches closer to its all-time high, experts predict a bullish momentum for the leading cryptocurrency, while (CRYPTO: XRP) is mired in regulatory uncertainty due to the He pointed out that internal SEC emails revealed officials wanted to keep regulations unclear, especially about Ethereum, to maintain flexibility in enforcement. news is a leading name in the cryptocurrency news space, providing the latest and most relevant updates on Bitcoin, Ethereum, and Ripple ecosystems. Prominent crypto trader EGRAG CRYPTO believes XRP could soar to as high as $7. 36-3. Zach Xbt broke the news of the hack. Source: ChatGPT-4o XRP price analysis . This downturn can largely be attributed to ongoing legal pressures from the SEC, which This method of buying XRP generally doesn’t allow customers to designate a purchase price – they must buy XRP at its current market value, with plenty of fees sprinkled on top. The firm officially submitted an application to establish a trust entity on September 30, a move that could serve as the foundation for a potential XRP ETF. Securities and Exchange Commission (SEC) as speculation grows over a looming appeal. XRP remains above the 50-day and 200-day EMAs, affirming bullish price signals. Ripple’s XRP Rises Amid SEC’s Appeal Concerns. legal and regulatory developments for digital asset holders. Following this pattern, XRP experienced an explosive rally, eventually reaching a peak of $3. XRP underperformed the broader crypto market, which declined by 3. Ripple’s Strategy Moving Forward. 55 On Monday, October 28, XRP advanced by 0. The XRP community is rallying in support of a proposal to institute a “clawback” function, set to be implemented on the XRP Ledger (XRPL) on Feb. She reported that an unknown person Pristina is the capital and largest city of Kosovo, a Balkan country with a rich and complex history. 35%, partially recovering from a 5. However, this bullish scenario depends on XRP breaking through the $0. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for SEC’s “Head Spinning” Crypto Regulation. Although the agency has not yet decided whether to make an appeal, Bitwise has proceeded with its plan for an XRP ETF. XRP price closed another week up 9. 37%. And of course XRP continues to be listed on many exchanges globally. 60% loss from Tuesday, XRP ended the session at $0. 55. 5017. Uncertainties surrounding regulations can lead to hesitation among investors, resulting in a slowdown in adoption and potential price volatility. The XRP community is on cloud nine as they finally glimpse the much-anticipated “XRP Unleashed” trailer, a documentary centered on XRP. Partially reversing an 8. Despite a Tuesday loss, XRP remained above the $0. 40% on Wednesday. 98%. The possibility of an SEC appeal has caused volatility in the XRP market. 58% gain from the previous session to Bullish Predictions for XRP Price. XRP is often used as a means of payment by financial institutions and other Ripple, the core developer of XRP Ledger and its largest holder, will unlock 1 billion XRP on September 1. On September 13th, XRP experienced a brief spike in daily active addresses, rising to over 20,000. Market analysts have been closely monitoring XRP following the conclusion of the Ripple lawsuit. 5136. He argued that the SEC prefers vague laws, allowing them to take action when it suits them. News on the XRP ETF. 5060. DOGE biggest-ever U. S https://legalesedecoder. He said, “I would think it would not want to have the programmatic trading analysis stand. 16525238 +14. Ripple CEO Brad Garlinghouse Reveals XRP ETF is ‘Inevitable’ in US. Significantly XRP’s price surge may hinge on regulatory developments, particularly with the looming SEC case and potential ETF approval. XRPUSD 190924 Weekly Chart Daily Chart. This move effectively halts progress on the recently proposed XRP ETF by Bitwise, casting doubt on its future. 0% and ethereum—as well as rival top five cryptocurrencies Ripple's XRP XRP 0. securities regulator it XRP was up 75% by late afternoon on Thursday, according to Refinitiv Eikon data. 04% slide on Sunday to close at $0. Read More. . 3% in the last 24 hours. 5965 level, pushing XRP to an intra-day high of $0. However, he clarified that the Court of Appeals could For XRP this improved regulation is a good sign because as more and more countries implement regulations more and more of their partner financial institutions will be open to using Ripple’s services on the XRP Ledger, a use case we should continue seeing growing in the Ripple ecosystem in 2026 as money remittance increasingly becomes the main utility of This development would be a triumph for XRP in its long journey through legal and regulatory challenges and a notable advancement in integrating blockchain technology into traditional banking systems. Looking back further, XRP has seen a 15% decrease over the last month, following a notable high in September. An XRP breakout from the $0. Ripple's case is over, but the 'fair notice' defense is still alive for others. XRP rallied on the news, and crypto exchange Gemini said it might now list the token, but early reads from legal experts suggest the ruling falls short of settling the question of whether and XRP holds steady above $0. Securities and Exchange Commission (SEC) v. In contrast, CYBRO presents an emerging opportunity driven by innovation in DeFi and AI, which could see its value skyrocket independently of external regulatory factors. XRP price prediction. Significantly, XRP held onto the $0. com - Key Insights: XRP fell by 0. XRP Price on the Move? Legal tactic of Ripple Sparks Optimism. On Tuesday, XRP gained 0. The XRP price prediction suggests that the coin’s price can increase to $0. 52340922 +1. 5930 resistance level within the next two days. The SEC has backed off its Binance fight, weakening its stance on XRP. Ripple (XRP) made a comeback above key psychological resistance early on Wednesday. While XRP’s price has seen impressive gains, key metrics suggest that sustaining this momentum could be challenging. Securities and Exchange Commission is seeking fines and penalties totaling $2 billion in its case against Ripple Labs over sales of the cryptocurrency XRP, the company's chief legal XRP has established itself as a major participant in the cryptocurrency market, a price decline could occur owing to profit-taking and unfulfilled expectations if many traders are already set up for a favorable outcome. Notably, it is the subject of a lawsuit brought by the U. 51 as former SEC lawyer slams regulator for approach on crypto regulation FXstreet 4h FXstreet 4h Big Latest news on XRP, a cryptocurrency created by the company Ripple. Magic recently shared insights on X regarding the XRP market. Lawyer Explains Likely Outcome of SEC Lawsuit Over XRP. District Judge Analisa Torres was the first win for a cryptocurrency company in a case brought Ripple Vs SEC: With its decision in a Coinbase lawsuit that secondary market transactions of cryptocurrency are not securities, the US Court of Appeals for the Second Circuit made significant progress toward regulation for the cryptocurrency business. XRP News Today: XRP Outperforms – Deaton, Ripple Take on SEC’s Appeal Sun, 27 Oct 2024 05:00:05 GMT Japanese Yen Weekly Forecast: BoJ Rate Decision and U. Currently trading at around $0. 8. 51% on Thursday, ending the session at $0. The conflicting rulings from two judges are a symptom of a bigger problem: the lack of legal and regulatory clarity for the crypto industry in the U. The SEC alleged that the executives held an initial public offering of XRP , which it claims was an unregistered security at the time. 2024-05-31 18:55:12. If the court determines that actual contractual obligations are necessary to classify something as a Ripple co-founder's $10M in XRP donation to Kamala Harris, sparking debate over Democrats’ approach to crypto regulation. Increased regulatory and lawmaker scrutiny continues to counter hopes of a favorable settlement in the Others have raised concerns about a potential sell-off, as portions of the transferred XRP have ended up on exchanges. The growing adoption rate of the XRP Ledger Protocol could push XRP to $1. The Sunday Overview On Sunday, XRP declined by 1. Securities and Exchange Commission is seeking fines and penalties totaling $2 billion in its case against Ripple Labs over sales of the cryptocurrency XRP, the company's chief legal Ripple Vs SEC: With its decision in a Coinbase lawsuit that secondary market transactions of cryptocurrency are not securities, the US Court of Appeals for the Second Circuit made significant progress toward regulation for the cryptocurrency business. Ripple’s response to the SEC’s regulatory pressure is evident in its continual pursuit of legal action. After the transaction, XRP saw a modest increase in value. Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. Authors List + 66 News. crypto. At the time of Ripple prevailed in a lawsuit against the SEC over whether XRP is a security, but the decision did not provide clear guidance for other crypto tokens. bdndb vierk qsf zqmq nrhgh qxry emngye knzzsgc ryuu enx