SEC

The post XRP News: Ripple’s Defense Against SEC Stablecoin Claims Bolstered by Binance Case appeared first on Coinpedia Fintech News In recent developments, Ripple is facing the SEC head-on in the legal battle. Ripple’s Chief Legal Officer, Stuart Alderoty, deemed the SEC’s arguments in support of its motion for remedies and final judgment weak, signaling potential progress towards the end of the lawsuit. Could this be the turning point XRP holders have been waiting for? Here’s the scoop. SEC vs.…

Retail trading platform Robinhood Market revealed it received an enforcement action notice, or a “Wells notice,” from the SEC.  Robinhood Market announced on Monday that it received a so-called Wells notice from the US Securities and Exchange Commission (SEC) over crypto tokens traded on its platform.  SEC Plans to Bring Enforcement Against Robinhood Markets According to reports from news agency Reuters, the retail trading platform Robinhood Markets, revealed it received Wells notice from the SEC on Monday. The SEC issues…

Legal veteran MetaLawMan has ignited excitement in the Ripple ecosystem with predictions on the SEC case. He believes the regulators’ demand of $2 billion in fines might be tossed out. James Murphy, a pro-XRP lawyer known as MetaLawMan has hinted that Judge Torres could throw out the SEC’s $2 billion fine against Ripple Labs Inc. This is promising news for XRP because many had earlier forecasted that the fine could cripple the cryptocurrency. The XRP Lawyer’s Argument Murphy began his…

Crypto analyst Armando Pantoja promises a bullish price action for XRP, expecting the coin to surge to $8 and $20 by 2026. Institutional adoption is still a major catalyst for the potential growth of XRP.  Ripple is currently grappling with legal challenges brought forth by the U.S. Securities and Exchange Commission (SEC). Such regulatory pressure has caused a significant negative impact on the market performance of XRP, with the asset coming down by a dramatic drop from its record high…

Ripple’s Chief Legal Officer, Stuart Alderoty, openly criticized the SEC for what he perceived as unfair legal strategies. Analysts stated that the SEC’s remedies brief won’t hold substance since it failed to introduce new evidence regarding potential damages. As reported by Crypto News Flash, the U.S. Securities and Exchange Commission (SEC) filed the remedies brief stressing the unregistered sales of XRP to institutional players while highlighting the possibility of future violations. The most recent action has ignited intense responses, prompting…

TL;DR XRP’s price has shown moderate fluctuations, currently at $0.51. Analyst predictions suggest a potential rally if it breaks the $0.57 mark, with significant growth expected upon surpassing a major resistance at $0.67. The ongoing Ripple v. SEC lawsuit remains a pivotal factor for the asset’s valuation, with many industry participants expecting a decisive victory for the company. The Odds of an XRP Rally XRP’s price has experienced slight volatility in the past several weeks, trading in the $0.48-$0.55 range.…

The US SEC has set the next deadline for Invesco Galaxy’s Ethereum spot ETF on July 5, 2024. The US SEC has postponed several spot Ether ETFs in the recent past including for Grayscale, Franklin Templeton, VanEck, and BlackRock. On Monday, May 6, 2024, the United States Securities and Exchange Commission (SEC) announced its intent to postpone the deadline for either approving or disapproving the proposed rule change to list and trade shares of Invesco Galaxy Ethereum ETF. Notably, Cboe…

The post JPMorgan Analysts: Robinhood’s SEC Notice Unlikely to Affect Ethereum ETF Approvals appeared first on Coinpedia Fintech News Led by Nikolaos Panigirtzoglou, a team of JPMorgan analysts set out a report that contested that the recent Wells notice that was issued to Robinhood Crypto by the U.S. SEC over alleged unregistered security offerings is least likely to hinder the potential approval of spot Ether ETFs. Wells Notice to Robinhood Crypto Robinhood Crypto, which offers various trading cryptocurrencies, including Bitcoin…

TL;DR XRP saw increased discussion rate, spurred by the SEC’s criticism of its upcoming stablecoin. The asset has been quite popular in the past few years due to the ongoing lawsuit between Ripple and America’s securities regulator. The Top 10 Club The market intelligence platform – Santiment – presented the top 10 cryptocurrencies that have been involved in the most discussions lately. The first place belongs to the popular privacy token – Monero (XMR) – due to the disclosure that…