Category: Ripple Lawsuit And XRP Marker Updates

Ripple CEO Calls Gensler and Clayton’s Meeting Before XRP Lawsuit “Bad Optics,” Here’s Why

The XRP lawsuit seems far from over as the latest happenings in the case indicate a possible extension into the new year as well. What started as SEC’s crackdown on unregistered securities has taken a different turn as the case has progressed and now it seems SEC is the real defendant in the case as […]

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XRP Lawsuit: SEC contends Ripple’s “boil-the-ocean” argument

The latest development in the XRP lawsuit saw the SEC respond to Ripple’s opposition letter to the plaintiff’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. At this point, the case has turned into a tug of […]

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Amid the China Induced Correction, Former US Treasurer Shades all Crypto Except One

The broader digital currency ecosystem has been gunning for recovery since the news of China’s renewed clampdown on all crypto activities made the rounds for at least the second time this year. Following the FUD spread, Bitcoin (BTC) slumped to a weekly low of $39,787.61, Ethereum (ETH) dropped to a 30-low of $2,676.41, while XRP […]

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Ripple CEO Reveals the “Only” Condition Under Which They Would Settle With SEC

The Ripple vs SEC lawsuit is nearing an end and with settlement speculations still quite high, Ripple CEO Brad Garlinghouse cleared the only condition that would make them settle with the SEC. Garlinghouse appeared on the Fox network to talk about the need for clarity on Security laws from the SEC and also made it […]

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Veteran Trader Peter Brandt is Bullish on XRP. Here’s What Can Fuel its Price to ATH

XRP price has continued to consolidate around $1.10 after falling from its three-month high of $1.41 during the recent market flash crash. However, the altcoin has maintained strong on-chain support and an increased network activity could help it break past new highs. Veteran trader Peter Brandt also sees constructive long-term potential in the altcoin, confirming […]

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XRP Price Climbs 14% in 10 Minutes After False Relisting Alarm

XRP price rose to a new daily high of 1.24 after a sharp 14% gain within 10 minutes before falling to the $1.10 level. The sudden spike in the price of the seventh-largest cryptocurrency was attributed to a false listing alarm on Coinbase Pro. A technical glitch or an error on the Coinbase side led […]

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Ripple Community Demands XRP Relisting on Coinbase as the Exchange Faces SEC Heat

Coinbase Inc. the first crypto exchange in the US to go public in April this year could face a potential lawsuit from the US Securities and Exchange Commission (SEC) for their unreleased lending product. The exchange in an official blog post revealed that the SEC intends to pursue legal action against them as they deem […]

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XRP Regains $1.25 Key Support, Analyst Predicts XRP Could Rally 2300% After This Level

XRP, the sixth-largest cryptocurrency by market cap regained $1.25 support after falling to a daily low of $1.22. The altcoin is currently looking to break past the immediate resistance of $1.35 breaching which $1.50 could be the next level. The altcoin is currently down by 3% from its daily high of $1.30, but the price […]

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XRP Lawsuit: Here’s why Ripple is filing Motions but sealing the exhibits?

In the latest development in the ongoing XRP Lawsuit, the defendants’ counsel has filed an opposition against SEC’s former Motion to Compel. The SEC’s motion would legally require Ripple to collect and search a vast quantity of additional Slack communications from 22 custodians. However, the defendant’s opposition motion was again followed by a motion to […]

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XRP Price Surges by 30%, Here’s Why it Could Surge 300% More

XRP price registered a massive bullish spike on August 11, rising nearly 30% for the day and broke past the key resistance of $1. The sixth-largest cryptocurrency has nearly doubled from its last month’s low of $0.514 as its market cap reached $45 billion. XRP registered a new monthly high of $1.09 before retracing below […]

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