Ripple (XRP)

Blockchain security company Quantstamp has agreed to pay ~$3.5 million in fines to settle charges against it from the U.S. Securities and Exchange Commission (SEC) on Friday – without confirming or denying allegations. The settlement marks another successful crackdown from the agency against a crypto company for violating securities laws, which industry leaders say lack clarity regarding how they apply to digital assets. Another SEC Legal Attack The SEC’s charges – announced...

An appeal by the U.S. Securities and Exchange Commission (SEC) against Judge Analisa Torres’ ruling on XRP will affirm the decision, according to Stu Alderoty, the chief legal officer (CLO) of Ripple Labs. During an interview with TechCrunch’s Chain Reaction, Alderoty said the judge’s decision was right as it was a “faithful application of the law.” SEC Appeal to Amplify XRP Ruling Recall that the SEC hinted at a potential appeal to Judge Torres’ decision about a week after...

CoinspeakerRipple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment According to Alderoty, Ripple will handle any appeal the SEC decides to initiate even though he is confident in the judge's previous ruling. Ripple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment

Ripple faced strong rejection when attempting to breach the significant resistance region at $0.55. Currently, it’s challenging to identify Ripple’s direction due to the choppy price action. The most likely scenario seems to be a consolidation phase for the mid-term. Technical Analysis By Shayan The Daily Chart Analyzing the daily chart reveals that Ripple faced significant rejection upon reaching the crucial resistance zone at $0.85. This indicates robust selling pressure...

CoinspeakerXRP Becomes White Knight of Crypto, Thwarts Regulation Woes Despite the surge in the crypto market, Ripple's legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector. XRP Becomes White Knight of Crypto, Thwarts Regulation Woes

Do the present lawsuits against Binance and Coinbase raise any red flags? A law professor at Rutgers University named Yuliya Guseva believes they do, and she thinks it’s highly unlikely nations like the U.S. will be able to dole out proper regulation before financial agencies do irreparable damage. Yuliya Guseva on the State of Crypto in America In a recent interview, Guseva said: The future of crypto-asset regulation in the U.S. is not fully predictable. Right...

CoinspeakerElon Musk’s New Twitter Logo Unleashes XRP Community’s Euphoria Elon Musk announces changing Twitter's logo to an 'X', sparking excitement and support from the XRP community. Elon Musk’s New Twitter Logo Unleashes XRP Community’s Euphoria

John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has slammed haters and critics of Judge Analisa Torres, insisting that her recent decision in the ongoing case is “very sound.” In a lengthy Twitter thread, Deaton outlined why Judge Torres’ decision was the correct ruling, despite claims that it was inconsistent with policy considerations behind the 1934 Securities Act....

The number of XRP whales owning 100M+ tokens has surged to 199, marking an 11-week high.  One factor playing a role in the new trend could be Ripple’s court victory against the US Securities and Exchange Commission (SEC), which fueled a price increase for XRP and renewed optimism in the entire cryptocurrency space. Accumulating Again The crypto analytics platform – Santiment – estimated that there are now 199 XRP whales, each of whom holds at least 100 million coins....

With bitcoin sliding further below the $30,000 line, the value of liquidated positions has increased to almost $150 million on a daily scale. As expected, most were from long positions, with the largest one taking place on OKX. It was less than two weeks ago when the primary cryptocurrency was riding high following Ripple’s partial court victory against the SEC. BTC, along with the rest of the market, soared to new multi-year peaks. However, the market failed to maintain its...