Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Lawsuit
Ripple vs. SEC Lawsuit Update: Preparing for April 22nd as Supreme Court Showdown Looms
The post Ripple vs. SEC Lawsuit Update: Preparing for April 22nd as Supreme Court Showdown Looms appeared first on Coinpedia Fintech News Amidst regulatory challenges and court disputes, Ripple Labs Inc. continues its legal battle with the U.S. Securities and Exchange Commission (SEC), a conflict that has significant implications for the cryptocurrency landscape. Exploring the Legal Terrain As Ripple and the SEC lock horns over the classification of crypto assets, the debate intensifies over how these digital tokens should be…
1 year ago
Important Ripple vs. SEC Lawsuit Update: Here’s the Next Step
TL;DR Ripple’s Chief Legal Officer touched upon the recent rumors of a settlement between the company and the US SEC, outlining key court dates set for April and May. The trial between the entities is set to begin on April 23 and could significantly influence the future price of XRP and the broader cryptocurrency market. Are the Enemies About to Shake Hands? An important event related to the legal spat between Ripple and the United States Securities and Exchange Commission…
1 year ago
Ripple vs. SEC Lawsuit Over? Is Settlement Expected on April 16th?
The post Ripple vs. SEC Lawsuit Over? Is Settlement Expected on April 16th? appeared first on Coinpedia Fintech News Ashley Prosper, a crypto enthusiast deeply engaged with XRP, sparked a conversation with a detailed Twitter post outlining various developments in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). She noted an important opinion from the 2nd Circuit Court stating that the SEC cannot force disgorgement without financial loss to investors. This principle could directly…
1 year ago
XRP lawsuit win over SEC could make headway for new projects like Octoblock
The post XRP lawsuit win over SEC could make headway for new projects like Octoblock appeared first on Coinpedia Fintech News A Ripple XRP lawsuit victory could signify regulatory clarity, paving the way for new projects like Octoblock to thrive as the crypto environment becomes openly validated. XRP could potentially boost investor confidence and excite a price rally as the platform is finally relieved of the burden of defense to concentrate on catalyzing renewed interest and investment. An XRP lawsuit…
1 year ago
Don’t Expect Another Lawsuit If SEC Rejects Ethereum ETFs: Bloomberg Analyst
U.S. regulators will likely reject Ethereum (ETH) spot ETFs – and crypto won’t put up much of a legal fight for it, according to Bloomberg ETF analyst Eric Balchunas. The analyst’s latest take is a discouraging sign for Ethereum bulls and stands in stark contrast to his former optimism about Bitcoin spot ETFs preceding their January approval. Are Ethereum ETFs Worth Fighting For? In a Wednesday tweet, Balchunas addressed a common theory that the crypto industry will sue the Securities…
1 year ago
Ripple vs. SEC Lawsuit Settlement Speculations: Will the XRP Price Hit New Heights?
The post Ripple vs. SEC Lawsuit Settlement Speculations: Will the XRP Price Hit New Heights? appeared first on Coinpedia Fintech News Speculations abound as a possible SEC settlement looms. Could this propel $XRP to new ATH heights? XRP has shown subdued performance lately, likely due to the Ripple-SEC lawsuit. However, an upcoming closed-door meeting between the SEC and Ripple today holds the potential for a resolution that could significantly impact XRP’s value, albeit uncertainly. Amid the upcoming SEC closed-door meeting,…
1 year ago
Uniswap Bloodbath: UNI Price Crashes 16% On SEC Lawsuit Fears
The US Securities and Exchange Commission (SEC) has served a Wells Notice to Uniswap, a leading decentralized exchange (DEX). This pre-enforcement notice, a precursor to potential legal action, triggered a plunge in Uniswap’s native token, UNI. At the time of writing, UNI was trading at $9.37, down 16.2% in the last 24 hours, data from Coingecko shows. The crypto has also sustained a 15% loss in the last seven days. Uniswap Whales Seek Safer Shores The news of the SEC’s…
1 year ago
XRP Lawsuit Saga: Ripple CEO’s Call for Clear Crypto Regulations
The post XRP Lawsuit Saga: Ripple CEO’s Call for Clear Crypto Regulations appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse recently addressed the importance of regulatory clarity in the cryptocurrency space, particularly in light of the ongoing XRP lawsuit. Speaking at Paris Blockchain Week, Garlinghouse emphasized the significance of clear regulations for fostering investor confidence and industry growth. Regulatory Clarity for Investor Confidence Interestingly, Garlinghouse’s remarks in the Paris Blockchain Week centered on the need for clear guidelines…
1 year ago
Uniswap Served Lawsuit Warning By SEC
In a significant development, Uniswap - one of the world's leading DeFi protocols, has received an enforcement notice from the U.S. Securities and Exchange Commission (SEC). SEC's Enforcement Notice The SEC informed Uniswap of its intent to pursue enforcement action, citing concerns that the DEX may be operating as an unregistered securities broker and exchange. This notice, known as a "Wells notice," serves as a preliminary warning that the regulator is considering bringing charges against the respondent. The implications of…
1 year ago