XRP

The SEC’s latest filings highlight concerns over Ripple’s unregistered XRP sales and plans for a stablecoin. Ripple’s CLO, Stuart Alderoty, criticizes the SEC’s approach stating that the regulator continues to disregard the law. He expresses hope for a settlement very soon. Amid the broader market selling pressure, the XRP price continues to trade at 3% in the negative at $0.52 with a market cap of $28.7 billion. On Tuesday (May 7), the SEC vs. Ripple case gained attention as new…

The post Ripple vs SEC: Unpacking the SEC’s Strategy in the XRP Lawsuit appeared first on Coinpedia Fintech News Famous crypto influencer ‘MetaLawMan’ who was recently active on Twitter has shedded light on the SEC’s case against Ripple, especially concentrating on the SEC’s recent filing regarding damages and disgorgement. On X he posted hsi assertion that the SEC has not convincingly added anything to the discussion on victims or why disgorgement ought to be the favored remedy.  According to MetaLawMan,…

TL;DR The SEC has criticized Ripple’s planned stablecoin, yet to be launched, as an “unregistered crypto asset,” continuing the longstanding conflict between the two. Due to the regulatory challenges in the US the company’s CEO Brad Garlinghouse remains focused on global expansion and establishing XRP’s role in the future financial infrastructure. The SEC Fires Shots at Ripple… Again Ripple’s upcoming stablecoin pegged to the American dollar has not yet seen the light of day, but that seems like no obstacle for…

The price of XRP, the native token of Ripple, has been on a rollercoaster ride in recent years. After reaching a peak of nearly $2 in April 2021, it has been in a downward motion, leaving investors wondering if a comeback is on the horizon. However, a recent analysis by market analyst Jonathan Carter suggests that XRP might be on the verge of a significant breakout. XRP Stuck In Symmetrical Triangle Carter’s prediction hinges on a technical chart pattern known…

The Shiba Inu (SHIB) price may have experienced a slight pullback in the past week, but a broader look at the chart reveals the token is set for a 350% surge. On the other hand, the XRP price has recently flashed a death cross, signaling a possible downtrend or the climax to a downtrend, while Dogecoin (DOGE) could hit the $2 mark before the end of the year. Notably, the native token of ETFSwap (ETFS), a cryptocurrency platform built to…

Defense attorney James Filan shares an attachment on X, disclosing that the US Securities and Exchange Commission (SEC) has filed its remedies, reply brief, and supporting documents. The post’s attachment shows that both parties are demanded to file an Omnibus letter motion to seal all materials related to the remedies-related briefing.  The SEC vs Ripple Labs legal battle takes a new twist, sparkling interest as investors, with bated breath, await a conclusive outcome to guide their investment decisions. Updating the…

Vodafone intends to utilize SIM card technology for blockchain-based digital wallets on mobile devices through Pairpoint. The British-based telecommunication company is available globally through its subsidiaries, thus promising to expedite the mass crypto adoption. Top-tier multinational telecommunications company Vodafone Group Plc., which predominantly operates in Europe, Asia, Oceania, and Africa, is ostensibly advancing its SIM technology via the use of blockchain to help users manage crypto assets. According to Vodafone’s Pairpoint Chief Product Officer (CFO), David Palmer, in a recent…

The post How Ripple’s Stablecoin Launch Could Fuel XRP Price to $5 appeared first on Coinpedia Fintech News The XRP price is $0.53215495, a change of 0.92% over the past 24 hours. Where do you see XRP going? Recent developments within the Ripple ecosystem have given hope, with many speculating that XRP’s price could surge to $5 shortly. Despite occasional spikes, XRP has struggled to break free from its average value of around $0.5. Notably, in July 2023, a notable…

The post XRP Price Is Ready to Hit $5 By End of 2024  appeared first on Coinpedia Fintech News Ripple’s native currency XRP is on track to potentially reach the $5 mark by the end of 2024, buoyed by recent developments within Ripple’s ecosystem. After a prolonged period of stagnation around $0.50, XRP’s outlook is now exhibiting signs of a surge, drawing keen interest from investors and enthusiasts. XRP has encountered challenges in breaking out from its average value, experiencing…