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Showing posts with the label legal battle

Is Ripple v. SEC case about to end? Ripple co-founder to meet SEC chair

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Summary ⚈ Ripple co-founder Chris Larsen is meeting SEC commissioner Paul Atkins amid ETF delays. ⚈ Legal expert estimates Ripple v. SEC case may not conclude before October 2025. ⚈ XRP trades at $2.24 with whale activity hinting at possible bullish sentiment. The  Ripple v. SEC case could soon see a major development in any hopes for its conclusion. Chris Larsen, the Co-founder and Executive Chairman of Ripple, is expected to meet Securities and Exchange (SEC) commissioner Paul Atkins today, according to a May 2 X post from pseudonymous crypto analyst Brett Crypto . The timing of the meeting has led to speculation as to what is on the agenda — particularly in view of the Commission’s recent delay in delivering a decision regarding Franklin Templeton’s long-awaited XRP spot exchange-traded fund (ETF). If the news broken by the analyst is credible, the meeting could represent a major milestone in the longstanding Ripple v. SEC case. With that being said, i...

XRP Set for 79% Surge? Analysts Target $3.90

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XRP’s new target predictions are stirring quite a bit of excitement right now as analysts have been spotting a potential bullish pattern forming on the charts. Despite XRP losing over 10% in value recently and actually dropping to as low as $2.06 during the past week, it might just be poised for a significant breakout, according to some recent technical Analysis that’s been making the rounds. Also Read: China, Japan, South Korea To jointly respond to US Tariffs XRP’s Price Prediction for 2025: Will a Breakout Fuel a Bull Run? Source: WatcherGuru Bullish Pattern Signals Potential Reversal The popular analyst Egrag Crypto has basically identified an inverse head and shoulders pattern on XRP’s daily chart that could potentially trigger a substantial price movement in the near future. Egrag Crypto was clear about the fact that a developing inverse head and shoulder pattern indicates the fourth-largest cryptocurrency could soon experience a breakout. Source: @egragcr...

XRP set for major price breakout, according to expert

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As XRP continues to be weighed down by the general bearish cryptocurrency market sentiment, technical indicators suggest the asset is likely preparing for a significant price move. Notably, as of press time, XRP was trading at $2.35, having plunged over 6% in the last 24 hours, while on the weekly timeframe, the asset has rallied almost 10%. XRP seven-day price chart. Source: Finbold The 50-day Simple Moving Average (SMA) is $2.64, slightly above the current price, while the 200-day SMA is significantly lower at $1.56, suggesting a longer-term upward trend.  XRP’s 14-day Relative Strength Index (RSI) is 48.28, indicating a neutral market condition, neither overbought nor oversold. Picks for you This Bitcoin formation set to trigger a rally to $120,000 3 hours ago ...

Ripple Case & SEC Enforcement: Clarity from Lawyer, Gensler's Stance

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The Ripple case took a new turn when former SEC lawyer Marc Fagel clarified confusion about a recent court filing. SEC Chairman Gary Gensler also stressed the agency’s enforcement-based regulatory stance. On October 22, the Second Circuit Court filed an “Acknowledgment and Notice of Appearance Default Notice .” #XRPArmy #XRPCommunity Filed today: pic.twitter.com/IJwJhfdd9h — Sherrie (@CherryEmpress21) October 22, 2024 Also Read: Jio Financial Targets ₹350 as Allianz Insurance Partnership Underway Insight into SEC’s Regulatory Stance and Ripple’s Legal Battle Court Filing Details NOTE: This has nothing to do with the SEC, or any supposedly late filing (which wasn't late). This is directed at Larsen, who has not yet filed his appearance in this case. — Marc Fagel (@Marc_Fagel) October 22, 2024 Former SEC official Marc Fagel pointed out that the filing targets Ripple co-founder Chris Larsen. “This has nothing to do with the SEC, or any supp...

Ripple: AI Predicts XRP’s Price After SEC Victory

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The day has finally arrived: today, the Securities and Exchange Commission delivered a final verdict in the SEC v. Ripple (XRP) case. The court declared that XRP is not a security, liberating the tokens against all accusations. With this monumental judgment in sight, AI predicts a new price forecast for Ripple (XRP) after its grand win against the SEC. Also Read: Cryptocurrency: Top 3 Coins to Surge 200% Despite Crash XRP Wins the Four-Year-Long Legal Battle Source – Crypto Adventure XRP has emerged victorious in a vigorous legal war that the token has long fought with the Securities and Exchange Commission. The court has finally delivered a robust verdict in the Ripple vs. SEC case, declaring Ripple the official winner. BREAKING: the final ruling in the SEC vs Ripple lawsuit has been issued by Judge Torres: Ripple must pay $125 million to the SEC. #XRP NOT A SECURITY. It’s over! pic.twitter.com/ZmQDFQVjVe — CryptoBull (@CryptoBull2020) August 7, 2024 This has helped XRP not...