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The SEC Ripple lawsuit has just reached a pivotal turning point as the Securities and Exchange Commission recently filed a motion seeking court approval for a settlement with Ripple Labs. Under the proposed deal that’s currently being reviewed, Ripple would actually recover $75 million of the $125 million that was held in escrow, while the SEC would receive the remaining $50 million. Also Read: Trump’s UK Trade Deal Unlocks $5B in US Exports, Slams China Ripple’s $75M SEC Settlement: What It Means for XRP and Crypto Regulation Source: Watcher Guru The SEC Ripple lawsuit settlement marks what appears to be the potential end to a legal battle that first began back in December 2020. As per the May 8 court filings that just came out, both parties now have agreed to withdraw their appeals and it’s virtually ending one of the most important and keenly followed cases in crypto regulation news. SEC Court Filing showing settlement motion – Source: SEC Commissioner’s...

XRP price prediction shows a concerning trend as the cryptocurrency dropped to $2.2 amid bearish market sentiment. Technical indicators suggest further downside potential unless buyers step in at critical support levels. Market volatility and blockchain scalability concerns remain key factors influencing XRP’s performance this week. Also Read: Top 3 Cryptocurrencies To Buy During The Latest Market Crash XRP Price Analysis and Key Factors Driving Market Volatility and Scalability Concerns Source: Bitcoin.com As XRP continues its downward trajectory, several critical factors merit close attention from investors and traders watching this popular cryptocurrency. With the current trend, XRP price prediction models indicate that the coming days may be crucial. 1. Bears Take Control of the Market Source: TradingView Within the last 24 hours, XRP’s price has plummeted by 8% and drawn dangerously close to the $2.2 level. This dramatic decline has completely transformed market momentu...

The XRP price has soared 3% in the last 24 hours to trade at $2.38 as of 11:45 p.m. EST on a 9% jump in trading volume to $9.2 billion. The surge in the price of the Ripple token comes amid speculation that Elon Musk may be turning his attention to cryptocurrency. A viral WallStreetBets tweet suggested Musk’s growing interest in XRP, drawing comparisons to his past endorsements of Dogecoin (DOGE) and Bitcoin (BTC). Elon Musk's latest crush on $XRP might just turn the crypto world upside down Who knew the man who flirted with Dogecoin now turning $XRP the prom queen — wallstreetbets (@wallstreetbets) February 6, 2025 As excitement builds, investors are seeing a potential “Elon Musk effect” similar to what propelled Dogecoin to massive gains. XRP Price Could Continue The Downturn XRP is currently trading at $2.3987, reflecting a modest gain of 0.08% for the day. The price opened at $2.3969, reached a high of $2.4277, and dipped to a low of $2.3757. Despite ...

The XRP price soared 15% in the last 24 hours to trade at $0.81 as of 01:27 a.m. EST on trading volume that surged 78% to $11 billion. This comes as the U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler, hinted at a potential departure from his role during remarks at PLI’s 56th Annual Institute on Securities Regulation. Gensler addressed different SEC topics, which included U.S. capital markets, corporate governance, and disclosure rules. At the end of his speech, he hinted at a potential resignation, saying, “It’s been a great honor to serve with them, doing the people’s work, and ensuring that our capital markets remain the best in the world.” On the topic of crypto, Gensler emphasized that Bitcoin is not a security. “Not every asset is a security,” he said. “Former Chairman Clayton and I have both said that Bitcoin is not a security, and the Commission has never treated Bitcoin as a security.” XRP Price Aims F...

After the United States Securities and Exchange Commission (SEC) reignited the legal fight against blockchain company Ripple over its sales of XRP (XRP) with an appeal to a key ruling, many are wondering about the token’s future and artificial intelligence (AI) algorithms are not optimistic. Indeed, the SEC’s legal team has filed a Notice of Appeal of District Judge Analisa Torres’s final ruling from August 7, 2024, which orders Ripple to pay a $125 million penalty for selling XRP to institutional buyers instead of the $2 billion demanded by the SEC, as Finbold reported on October 3. AI’s XRP prediction In this context, Finbold consulted the advanced AI algorithm over at the cryptocurrency monitoring and forecasting platform PricePredictions for the price of XRP on October 31, 2024, and it has set it at $0.488745, predicting further declines by the end of the month. Picks for you ...

With support at $0.5 lost once again, investors may brace themselves for potential losses extending to $0.465 and $0.45. advertisement Ripple Selling XRP Doesn’t the Token a Security – John Deaton John Deaton, an attorney who founded CryptoLaw, has put forward different scenarios where Ripple’s sale of XRP does not necessarily categorize the token as a security. Over the weekend, he argued that many investors bought XRP tokens without prior knowledge of Ripple, the company. Deaton revealed that a significant 52% of the extensive pool of over 10,000 investors he engaged with confessed to being unaware of Ripple when they initially acquired XRP . This highlights a substantial portion of the investor base discovering and engaging with the crypto currency without prior awareness of its association with the Ripple network. So what about the ones like myself that invested in #XRP AKA Ripples (the ones in it long enough know what i mean) that absolut...

The XRP/BTC Surge Leerzeit’s tweet captures the essence of XRP’s unexpected growth, stating, “Since the SEC filed its lawsuit, XRP has gained more than 200% in value against BTC. Sure, you can try to find some excuse, but that won’t help either.” advertisement In a subsequent tweet, Leerzeit challenges the logic of BTC maximalists, stating, “The logic of the BTC Maxis should be that the value against Bitcoin must have decreased since the lawsuit.” Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best P...