XRP

In a stark contrast to the performance of the broader crypto market, XRP continues to face significant challenges, according to statements from pro-XRP lawyer Bill Morgan. Despite a discouraging decline in the value of the crypto asset relative to Bitcoin (BTC) and 88% of the top 100 cryptocurrencies, Morgan maintains a bullish outlook on the asset. In a post on X, Morgan outlined the struggles XRP has faced, particularly over the last year—a period that brought legal clarity and was…

The Ripple vs. SEC lawsuit advances to the Second Circuit Court of Appeals, marking a critical phase in the legal battle over XRP’s status. Recent court developments and the SEC’s enforcement strategies could set significant precedents for the cryptocurrency sector. The ongoing legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has taken a new turn with the SEC challenging Ripple’s bid for privacy. According to the latest updates from CNF and Coin Market Cap news,…

XRP price is slowly moving higher above the $0.5200 zone. It is now facing hurdles near $0.5320 and might correct lower in the near term. XRP is attempting a fresh increase above the $0.5250 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $0.5260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct lower toward…

In a market witnessing a strong bullish momentum with several cryptos reaching new all-time highs and experiencing price recoveries, the XRP price has remained in a consolidation phase for the past two months after a brief surge in March that took it to its yearly high of $0.7430.  However, recent positive developments and announcements surrounding Ripple, the blockchain payment company associated with XRP, coupled with an intriguing bullish pattern, have sparked speculation of a potential massive uptrend for the XRP…

Bybit allows Chinese users to register, reversing its strict ban, reflecting a shift in its operational policy. Bybit’s move to allow Chinese users raises internal concerns about potential regulatory repercussions and compliance challenges. Bybit, the world’s third-largest offshore cryptocurrency exchange, has recently allowed users in China to register and authenticate on its platform. This decision marks a shift from Bybit’s long-standing policy of prohibiting Chinese users, reflecting a cautious approach by its management team. Despite the previous restrictions, data suggests…

Pepe (PEPE) price has pumped more than 60 percent in the past 30 days to reach a new all-time high with over 239k on-chain holders. The high demand for meme coins has seen most utility-focused crypto projects lag in the ongoing crypto bullish outlook. As Bitcoin (BTC) price attempts to rally beyond its all-time high, above $73k, again after being trapped in a correction mode for the past two months, more short-term investors are diversifying into the altcoin industry to…

Ripple CEO Brad Garlinghouse expressed confidence in the imminent launch of XRP ETFs, suggesting that their introduction is “inevitable” and expected in six months. Garlinghouse attributed the U.S. SEC’s recent openness to crypto spot ETFs, including the approval of Ethereum ETFs. As the crypto market prepares for the launch of the spot Ethereum ETF, other altcoin players are not shying from proposing the idea of having an ETF. In his recent interview with Fox Business, Ripple CEO Brad Garlinghouse expressed…

The post Ripple vs SEC Lawsuit Nears the End: Will XRP Price Crash? appeared first on Coinpedia Fintech News After more than three years of legal battles, the Ripple vs. SEC case is nearing its final stages. Presiding Judge Analisa Torres is carefully reviewing a series of motions, the latest being Ripple’s reply letter supporting its motion to seal documents related to the SEC’s judgment and remedies. Despite progress, Ripple’s substantial XRP holdings remain a significant obstacle. The US SEC…

Ripple CEO Brad Garlinghouse has reiterated his belief that XRP spot ETFs are inevitable and will probably hit the market by next year. He stated that investors always want to spread the risk and diversify their investment and that with Bitcoin and Ethereum now within reach, they will wish to access other cryptos like Solana and XRP. At the Consensus conference in Texas a week ago, Brad Garlinghouse told the audience that XRP spot ETFs are inevitable and that the…