Settlement

The post Ripple News Today: Whales Snap Up 140M $XRP Amid Speculation of Ripple vs SEC Settlement appeared first on Coinpedia Fintech News The 2024 United States elections have significantly accelerated the adoption of crypto assets. Both sides of the political spectrum have already eyed the more than 50 million voters invested in the digital asset industry.  The recent approval of spot Ethereum ETFs in the United States has played a crucial role in democratizing the altcoin industry. Moreover, it…

The post Ripple vs. SEC Settlement Rumors Heat Up, XRP Price Soars 40% appeared first on Coinpedia Fintech News XRP has surged almost 40% to around 60 cents, leading the latest rally in digital assets due to speculation that Ripple Labs might settle its legal dispute with US regulators. Meanwhile, the broader cryptocurrency market, including Bitcoin, has also shown gains, partly influenced by the potential for a more crypto-friendly stance if Donald Trump wins the US presidential election. Read on…

XRP, at the center of a high-stakes legal battle with significant implications for the industry, has taken the lead in the recent surge in crypto prices amid growing speculation that Ripple, the blockchain payments company behind XRP, may be close to a settlement with US regulators. Ripple-SEC Legal Dispute Continues Over the past week, XRP has experienced a substantial rally of over 40%, reaching a current trading price of $0.6161. This marks the highest level XRP has reached since April,…

A rumor claiming a potential settlement between Ripple and the US Securities and Exchange Commission (SEC) scheduled for a closed meeting on July 18 has been debunked by former SEC regional director and pro-XRP lawyer, Marc Fagel. According to Fagel, the likelihood of a settlement being discussed in this particular meeting is highly improbable, despite the community’s hopeful speculations. Ripple-SEC Settlement Is Highly Unlikely The rumor was initially fueled by Brett Hill, an ambassador for the cryptocurrency exchange Bitrue, who…

The post FTX Reaches Settlement with CFTC: Are Crypto Holders Finally Getting Their Money Back? appeared first on Coinpedia Fintech News FTX, the notorious cryptocurrency exchange that collapsed in 2022, has announced a settlement with the Commodity Futures Trading Commission (CFTC) as part of its ongoing bankruptcy proceedings. Meanwhile, the agreement, which awaits court approval, could reshape the landscape for affected cryptocurrency holders and mark a critical step in the ongoing bankruptcy process.  Perhaps the details reveal a complex arrangement…

CME Group and CF Benchmarks launch new crypto indices for Internet Computer and XRP. New indices provide daily settlement prices and real-time updates every second. CME Group recently announced plans to introduce two new cryptocurrency reference prices and real-time indices for Internet Computer (ICP) and XRP. These indices, developed in collaboration with CF Benchmarks, aim to improve transparency and stability in cryptocurrency pricing. They will be available on July 29, 2024. CME Group Adds New Indices for XRP and ICP …

The post Ripple vs. SEC: Whale Transfers 37.39 Million XRP Amid Case Settlement Speculations appeared first on Coinpedia Fintech News As the legal battle between the Securities Exchange Commission (SEC) and Ripple is nearing its end, XRP witnessed significant whale movements in the last 24 hours. The transaction also spikes speculation of further activity by XRP Whales. According to the blockchain tracker, WhaleAlert, a large XRP holder transferred a massive 37.39 million XRP tokens to Bitstamp, a popular crypto exchange…

The post Will Ripple Settle? Lawyer’s Weighs in on Ripple vs SEC Settlement, Appeal, and Much More appeared first on Coinpedia Fintech News The crypto community is eagerly waiting for the final judgment in the high-profile lawsuit between Ripple and the US SEC. The case, which involves potential fines totaling $2 billion, is crucial for the future of crypto regulation. Possibility of Settlement Weighing on the matter, prominent lawyers, including former SEC attorneys Marc Fagel and James Farrell, believe that…

The post Terraform Labs’ $4.5 Billion SEC Settlement Spurs LFG’s Crypto Transfer appeared first on Coinpedia Fintech News The Luna Foundation Guard (LFG), associated with Terraform Labs (TFL), recently transferred its crypto holdings to a direct custody solution following a significant settlement with the U.S. SEC.  This move has raised questions about the foundation’s financial strategies. Background and Settlement with the SEC Notably, this activity comes shortly after Terraform Labs and its co-founder Do Kwon settled a civil fraud case…