Ripple

The post Ripple vs. SEC: Judge Netburn Advances XRP Lawsuit with New Scheduling Order appeared first on Coinpedia Fintech News Magistrate Judge Sarah Netburn has issued a new scheduling order in the years-long legal battle between Ripple Labs and the United States Securities and Exchange Commission.  Judge Netburn’s recent nomination as District Judge in the Southern District of New York has not impacted her role in the Ripple vs. SEC case, where she has continued to preside with a reputation…

The recent crackdown on crypto mixing platforms like Tornado Cash raises concerns about the SEC’s potential overreach in its crypto regulatory efforts. Additionally, the SEC’s likely rejection of spot Ethereum ETFs further indicates its regulatory stance, as issuers anticipate denial despite efforts from BlackRock and Grayscale. The U.S. Securities and Exchange Commission (SEC) has been constantly expanding its reach in the crypto regulatory market ever since its case on Ripple. The securities regulator has slapped lawsuits on some of the…

Renowned digital asset researcher Anderson’s bold claims suggest that Ripple is poised to launch a stablecoin tailored for U.S.-based On-Demand Liquidity (ODL) customers. Ripple’s strategic move to introduce a stablecoin for U.S. ODL transactions underscores its efforts to maintain its foothold in the U.S. market amidst regulatory scrutiny. Renowned digital asset researcher Anderson has put forward assertive claims regarding Ripple’s forthcoming stablecoin, proposing a link with On-Demand Liquidity (ODL). In a recent post on X, Anderson suggested that Ripple intends…

The post Ripple Price Drops As Bearish Clouds Gather! XRP To Test $0.48 Soon? appeared first on Coinpedia Fintech News The crypto market displays significant price volatility as top tokens record increased price action post-Bitcoin Halving. Top altcoins witness a pullback toward their support levels, indicating a mixed sentiment in the crypto space. However, the XRP price continues to experience a bearish price action, indicating a rise in the investor’s disinterest. Despite the altcoin recording a jump of over 6%…

XRP turned bearish after sellers took control of the price action earlier this month. Let’s examine a few different technical indicators that may provide important insights into where the market is currently at and where it might be headed next. Key Support levels: $0.43 Key Resistance levels: $0.54 1. Ripple Price Loses Key Support Unfortunately for bulls, the support at 54 cents was lost and has now turned into a key resistance. If buyers are unable to reclaim this level,…

The XRPL Automated Market Makers have seen a marked increase in the total value locked (TVL), surpassing over 7 million XRP.  SOLO/XRP pool has the largest share of TVL among XRPL AMM pools, in the amount of over 1,000 000 XRP, equal to $911,600.  The XRPL (XRP Ledger) Automated Market Makers have seen a marked increase in the total value locked (TVL), surpassing over 7 million XRP. The DeFi analytics tool DeXfi data showed that the total value locked (TVL)…

TL;DR Bitcoin (BTC) rose significantly post-halving, hitting $67K, but recently dropped to $64,000. Future projections suggest a potential rise to $150,000 by end of 2024. Ripple is currently in a trial phase with the SEC over XRP’s security classification, resisting a $2 billion fine and arguing for a maximum of $10 million. One popular attorney envisioned a potential settlement around $100 million to be reached this summer. Despite a recent 8% price drop, SHIB’s market indicators, like low exchange reserves…

The post Unfazed by SEC Lawsuit, Ripple Prepares for IPO with Strong Investor Interest appeared first on Coinpedia Fintech News Ripple, the company behind XRP, is locked in a fierce battle with the Securities and Exchange Commission (SEC), disputing the penalties imposed by the regulatory body. Ripple asserts its compliance with the law while contesting the SEC’s hefty demands. Legal experts offer varied timelines for resolution, with some anticipating a quick end while others brace for a prolonged legal showdown.…

Ripple has been one of the underperforming cryptocurrencies during the recent bull market, as it failed to rise like Bitcoin and Ethereum over the last few months. Yet, things might be about to change soon. Ripple Price Analysis: Technicals By TradingRage The USDT Paired Chart Against USDT, the cryptocurrency has recently rebounded from the $0.43 and $0.50 support levels and is on its way to testing the $0.6 resistance zone. The 200-day moving average is also around the $0.6 level…