Ripple

In today's competitive cryptocurrency landscape, huge names like Polygon (MATIC) and Ripple (XRP) have surely created waves, capturing the attention with their creative solutions. However, experienced analysts advise investors to broaden their views and look out for hidden gems for even higher returns. One of these rising stars is Retik Finance (RETIK), which is a true game changer in decentralized finance. This meticulously crafted volume serves as an invaluable gateway into the intricate realm of Retik Financial. It offers a…

TL;DR XRP has remained resilient amidst a general market downturn, with analysts predicting substantial future gains. The ongoing Ripple v. SEC lawsuit could significantly influence the asset’s price, depending on the outcome. XRP Future Outlooks The latest correction in the cryptocurrency market, which resulted in multi-month low prices for Bitcoin (BTC), Ethereum (ETH), and many other digital assets, was not so devastating for Ripple’s XRP. Despite briefly plunging below $0.50, the token is up 3% on a two-week scale (per…

The post Ripple Vs SEC Update: Here’s What To Expect On May 6 appeared first on Coinpedia Fintech News In the ongoing legal conflict between Ripple and the US Securities and Exchange Commission (SEC), which heavily impacts the price of XRP, the two parties are at odds over whether testimony from SEC’s Assistant Chief Accountant, Andrea Fox, should be allowed. Ripple has recently submitted a letter supporting its motion to dismiss new expert evidence. They argue that Fox’s statements qualify…

Ripple has filed a letter in support of its motion to strike expert materials provided by the SEC, particularly those from Andrea Fox. Ripple argues that the SEC failed to disclose Fox as an expert witness before the final discovery phase, challenging her classification as a summary witness. San Francisco-based blockchain startup Ripple has submitted a new letter to support its motion to strike the expert materials provided by the U.S. Securities and Exchange Commission (SEC). In its motion, Ripple…

Bitcoin’s price went on quite the wild ride throughout the past seven days. The cryptocurrency is down 4.2% during that period but this summary doesn’t do the action any justice, so let’s dive in. The market was fairly calm in the beginning of the week, trading at around $64K with little signs of significant volatility. Things started going downhill after April 30th, however. It was then BTC took a massive hit, dropping toward $60K, sending many investors in panic. The…

Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving average,…

TL;DR Ripple contests the SEC’s classification of the “Fox Declaration” as standard evidence, arguing it’s expert testimony, which affects the legal proceedings. Predictions suggest a possible $100 million settlement in case, potentially impacting XRP’s value and the broader crypto market. Ripple Strikes Back The legal battle between Ripple and the US Securities and Exchange Commission (SEC) escalated recently due to a disagreement on one key witness’ testimony. The two entities can not find common ground on a statement from Andrea…

The post Ripple vs SEC Lawsuit Update: Ripple Asks Court to Dismiss SEC Expert Evidence appeared first on Coinpedia Fintech News In the legal showdown, Ripple does not back off from brushing off the SEC’s highly controversial evidence to present in court.  Here’s the real story behind it:   Fox’s Role in the Case James K. Filan, a veteran defense lawyer, reported that Ripple filed a letter in support of its April 22, 2024, request to strike new expert materials and…

XRP has failed to record a daily close above the $0.53 resistance for five days, with the SEC’s filing against Ripple’s expert witness motion failing to influence the market. XRPL developers have proposed a direct lending mechanism that doesn’t rely on smart contracts; the loans would have a fixed term and accrue interest but wouldn’t need on-chain collateral. DeFi has become a cornerstone of the crypto community, and while Ethereum remains the sector overlord, the XRP Ledger (XRPL)’s DeFi ecosystem…