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The post XRP Price Nears $0.60 as Ripple vs. SEC Lawsuit Enters Critical Phase appeared first on Coinpedia Fintech News
As the legal showdown between Ripple vs SEC reaches a critical juncture, the crypto market braces for potential aftershocks. With the lawsuit advancing into the pivotal “remedies” phase, investors and stakeholders eagerly await developments that could shape the future trajectory of the case and influence broader regulatory dynamics.
The latest update reveals Ripple’s XRP rose to $0.5741 today, moving closer to its $0.60 target amid growing anticipation of the SEC v. Ripple legal battle. However, the key financial and operational facts stay secret until February 20, 2024, as the litigation progresses.
SEC v. Ripple Lawsuit Enters New Phase
Today, February 20th marks the crucial date in the Ripple vs SEC case, with Ripple poised to reveal its financial records and respond to the SEC’s interrogatories. The delay in remedies-related discovery, granted by Magistrate Judge Sarah Netburn, highlights the case’s complexity and the necessity for careful consideration before deciding.
On top of that, Ripple’s compliance with the SEC’s demands for detailed financial statements and post-complaint XRP institutional sales contracts represents a significant development in the lawsuit. Ripple initially refused the demands however later agreed to adhere to the court’s order, signaling a willingness to cooperate with legal proceedings.
Implications for the Crypto Industry
As the case advances into the remedies phase today, both Ripple and the SEC are preparing for forthcoming legal briefs and proceedings in March and April. The court’s ruling on the appropriate penalties and remedies for Ripple’s alleged securities law violations carries far-reaching implications for the crypto industry and regulatory landscape.
#Write2Earn #XRP:
As the legal showdown between Ripple vs SEC reaches a critical juncture, the crypto market braces for potential aftershocks. With the lawsuit advancing into the pivotal “remedies” phase, investors and stakeholders eagerly await developments that could shape the future trajectory of the case and influence broader regulatory dynamics.
The latest update reveals Ripple’s XRP rose to $0.5741 today, moving closer to its $0.60 target amid growing anticipation of the SEC v. Ripple legal battle. However, the key financial and operational facts stay secret until February 20, 2024, as the litigation progresses.
SEC v. Ripple Lawsuit Enters New Phase
Today, February 20th marks the crucial date in the Ripple vs SEC case, with Ripple poised to reveal its financial records and respond to the SEC’s interrogatories. The delay in remedies-related discovery, granted by Magistrate Judge Sarah Netburn, highlights the case’s complexity and the necessity for careful consideration before deciding.
On top of that, Ripple’s compliance with the SEC’s demands for detailed financial statements and post-complaint XRP institutional sales contracts represents a significant development in the lawsuit. Ripple initially refused the demands however later agreed to adhere to the court’s order, signaling a willingness to cooperate with legal proceedings.
Implications for the Crypto Industry
As the case advances into the remedies phase today, both Ripple and the SEC are preparing for forthcoming legal briefs and proceedings in March and April. The court’s ruling on the appropriate penalties and remedies for Ripple’s alleged securities law violations carries far-reaching implications for the crypto industry and regulatory landscape.
#Write2Earn #XRP:
#XRP: $XRP #Write2Earn Xrp ! Buy only if it break yellow line and hold above as a support,, on falling first support would be the red line..
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SHORTOO🤑
ENTRY TARGET'S MARKET PRICE
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Take Profit Target's
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2) 0.0009450
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5) 0.0009100
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"XRP ETF On the Horizon: Ripple CEO Affirms"
The Ripple CEO Brad Garlinghouse recently disclosed that he would welcome the idea of a spot-based XRP ETF, declaring that the launch of the investment product is inevitable.
Read more on: https://thecryptobasic.com/2024/02/21/ripple-ceo-says-he-welcomes-an-xrp-etf-its-inevitable/
#XRP: #XRPETFApproval #Crypto #CryptoNewsFlash #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/02/21/ripple-ceo-says-he-welcomes-an-xrp-etf-its-inevitable/
#XRP: #XRPETFApproval #Crypto #CryptoNewsFlash #CryptonewswithJack
XRP price slips below $0.55 with development in SEC v. Ripple lawsuit
XRP price dropped below $0.55 on Thursday as both Ripple and SEC work on remedy-related briefs.
March 13 is the next key deadline for the SEC v. Ripple lawsuit.
The court will determine penalties for Ripple’s institutional sales of XRP by the April 29 deadline.
More news ….
https://www.fxstreet.com/cryptocurrencies/news/xrp-price-slips-below-055-with-development-in-sec-v-ripple-lawsuit-202402220603
#Write2Earn #XRP: #Crdowner #crd
XRP price dropped below $0.55 on Thursday as both Ripple and SEC work on remedy-related briefs.
March 13 is the next key deadline for the SEC v. Ripple lawsuit.
The court will determine penalties for Ripple’s institutional sales of XRP by the April 29 deadline.
More news ….
https://www.fxstreet.com/cryptocurrencies/news/xrp-price-slips-below-055-with-development-in-sec-v-ripple-lawsuit-202402220603
#Write2Earn #XRP: #Crdowner #crd
#XRP🚀 Update.
1- Stage Is Being Set for XRP as Ripple Capability Is Displayed to Millions in New York City #Ripple #XRP:
2- #Ripple Analyst Shares Next Key Resistance That Could Trigger a 1350% $XRP
3- Wall Street Analyst Says $XRP Will Rise in Price Citing David Schwartz.
#Write2Earn #XRP🚀
1- Stage Is Being Set for XRP as Ripple Capability Is Displayed to Millions in New York City #Ripple #XRP:
2- #Ripple Analyst Shares Next Key Resistance That Could Trigger a 1350% $XRP
3- Wall Street Analyst Says $XRP Will Rise in Price Citing David Schwartz.
#Write2Earn #XRP🚀
#XRP🚀
Currently trading at $0.59 with a steady recovery
Even with recent challenges #XRP: shows potential to hit $0.75
Bollinger Band and MACD indicators support ongoing bullish momentum
#xrpbullish #Write2Earn #TrendingTopic
Currently trading at $0.59 with a steady recovery
Even with recent challenges #XRP: shows potential to hit $0.75
Bollinger Band and MACD indicators support ongoing bullish momentum
#xrpbullish #Write2Earn #TrendingTopic
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$XRP
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XRP Currency Summary:-
🚀 Ripple has been a bit slow in the cryptocurrency race, but things could be about to get hot! 🌶️
#XRP: #XRPCOIN #XRPUSDT #XRP/USDT🔥🔥
God willing, a great reward in simple steps:
1. Enter my account
2. Enter the first post
3.Click Get Reward
4.Click Claim Reward
XRP Currency Summary:-
🚀 Ripple has been a bit slow in the cryptocurrency race, but things could be about to get hot! 🌶️
#XRP: #XRPCOIN #XRPUSDT #XRP/USDT🔥🔥
"External Forces Exposed: Shaping XRP's Value"
The CTO of Ripple, David Schwartz, recently expressed his belief that the primary factors dictating the price dynamics of XRP are not linked to the XRPL ecosystem.
Read more on: https://thecryptobasic.com/2024/02/20/ripple-cto-says-xrp-price-driven-by-external-factors-not-xrp-ecosystem/
#XRP: #XRPLover #Crypto #CryptoNewsFlash #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/02/20/ripple-cto-says-xrp-price-driven-by-external-factors-not-xrp-ecosystem/
#XRP: #XRPLover #Crypto #CryptoNewsFlash #CryptonewswithJack
Quick update❣️
Dear traders, I was busy lately and since my last articles, PEPE BEAMX OM BNB and others made nice moves❗️ Ups as downs means that the market is alive 🔥
Always look at crypto history and check chart movements and the most important don’t buy up, only buy down alive currencies that makes nice moves✈️
Some good crypto like XRP are steady and we don’t see pumps because market cap is heavy to move and because its utility coin and its users like strong financial institutions want it to stay cheap😶🌫️
Its important to check previous Scam alert article about pump group scammer and don’t fall on groups for people who ask you to pay 100$ or more to get their signals… Because people who have the right signals don’t need your 100$🙃
Your support through likes, comments and tips is appreciated🫶🏻
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Thank you for the 1K plus followers. I also want to thank Binance square for their rewards🙌🏻 🎩
Never follow someone blindly! Always do your research to confirm🧐
Keep climbing to the top🧗🏻♂️
Best wishes & good luck 🎩🤠☘️#Write2Earn #TrendingTopic! #OM. #PepeTeam #XRP:
Dear traders, I was busy lately and since my last articles, PEPE BEAMX OM BNB and others made nice moves❗️ Ups as downs means that the market is alive 🔥
Always look at crypto history and check chart movements and the most important don’t buy up, only buy down alive currencies that makes nice moves✈️
Some good crypto like XRP are steady and we don’t see pumps because market cap is heavy to move and because its utility coin and its users like strong financial institutions want it to stay cheap😶🌫️
Its important to check previous Scam alert article about pump group scammer and don’t fall on groups for people who ask you to pay 100$ or more to get their signals… Because people who have the right signals don’t need your 100$🙃
Your support through likes, comments and tips is appreciated🫶🏻
Tips means appreciation more than materials💰
Thank you for the 1K plus followers. I also want to thank Binance square for their rewards🙌🏻 🎩
Never follow someone blindly! Always do your research to confirm🧐
Keep climbing to the top🧗🏻♂️
Best wishes & good luck 🎩🤠☘️#Write2Earn #TrendingTopic! #OM. #PepeTeam #XRP:
Lets Get Free #XRP:
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#XRP: Forming Symmetrical triangle pattern!🚨
XRP price today is $ 0.561109 with a 24-hour trading volume of $ 1.99B, market cap of $ 30.61B, and market dominance of 1.56%. The XRP price decreased -1.13% in the last 24 hours.
#Write2Earn #DYOR
XRP price today is $ 0.561109 with a 24-hour trading volume of $ 1.99B, market cap of $ 30.61B, and market dominance of 1.56%. The XRP price decreased -1.13% in the last 24 hours.
#Write2Earn #DYOR
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#Binance #XRP:
Overall, the outlook for XRP is cautiously optimistic in the medium to long term.
Here are some factors that support this optimism:
*Partnership agreements:
* Ripple has strong partnerships with many major financial institutions, such as American Express, Santander, and Bank of America.
* These partnerships may lead to increased use of XRP for international money transfer transactions, which could push its price higher.
*Payment solutions:
* Ripple offers innovative payment solutions such as RippleNet,
*These solutions aim to make money transfers faster, cheaper and more efficient.
* If these solutions are widely adopted, it could lead to increased demand for XRP, which could push its price higher.
* Clarity of laws:
* Investors are eagerly awaiting the results of Ripple's lawsuit against the US Securities and Exchange Commission (SEC).
* If the court rules in favor of Ripple, this could remove the legal uncertainty surrounding the currency, which could lead to an increase in demand and price for it.
However, there are some risks that may affect the rise of XRP:
* The competition:
* There are many other cryptocurrencies that offer payment solutions similar to Ripple.
* Increased competition may make it difficult for Ripple to distinguish itself from other currencies, which may limit its ability to attract users and raise its price.
$XRP
Overall, the outlook for XRP is cautiously optimistic in the medium to long term.
Here are some factors that support this optimism:
*Partnership agreements:
* Ripple has strong partnerships with many major financial institutions, such as American Express, Santander, and Bank of America.
* These partnerships may lead to increased use of XRP for international money transfer transactions, which could push its price higher.
*Payment solutions:
* Ripple offers innovative payment solutions such as RippleNet,
*These solutions aim to make money transfers faster, cheaper and more efficient.
* If these solutions are widely adopted, it could lead to increased demand for XRP, which could push its price higher.
* Clarity of laws:
* Investors are eagerly awaiting the results of Ripple's lawsuit against the US Securities and Exchange Commission (SEC).
* If the court rules in favor of Ripple, this could remove the legal uncertainty surrounding the currency, which could lead to an increase in demand and price for it.
However, there are some risks that may affect the rise of XRP:
* The competition:
* There are many other cryptocurrencies that offer payment solutions similar to Ripple.
* Increased competition may make it difficult for Ripple to distinguish itself from other currencies, which may limit its ability to attract users and raise its price.
$XRP
FREE SIGNAL🟢
XRP LONG TRADE
ENTRY: 0.561
TARGETS: 0.57 - 0.59 - 0.61 - 0.63 - 0.83
STOPLOSS: 0.55
Use you leverage 5x-20x
Do your own research before enter to it😇
Happy trading🔥
Stay tuned for more signals and Updates💛
#Write2Earn #TrendingTopic #xrpbullish #XRP: #horizonnew_
XRP LONG TRADE
ENTRY: 0.561
TARGETS: 0.57 - 0.59 - 0.61 - 0.63 - 0.83
STOPLOSS: 0.55
Use you leverage 5x-20x
Do your own research before enter to it😇
Happy trading🔥
Stay tuned for more signals and Updates💛
#Write2Earn #TrendingTopic #xrpbullish #XRP: #horizonnew_
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Ripple will unlock 1 billion XRP again on April 1st, will the price crash?
Ripple, the company behind the XRP Ledger, will unlock 1 billion XRP tokens worth $628.5 million on April 1. This is another Ripple sell-off that occurs every month and could negatively impact the price of XRP in the coming weeks.
Since 2017, Ripple has been releasing 1 billion tokens from escrow accounts on the first day of every month. April will mark the beginning of a new era of XRP inflation as the company has been running different accounts for the past few years.
Until this time, according to XRPScan, the company used the accounts “Ripple (22)” and “Ripple (23)”.
Analysis of the XRP price against the backdrop of sales It is worth paying attention to how previous Ripple sales affected the price of XRP. The chart below shows all XRP sales year-to-date, broken down by day.
Interestingly, only two out of eight days had positive price action. However, even these “green” days were marked by very modest achievements, while the negative days had much more impressive consequences.
#Ripple #XRP🚀 #RippleXRP #XRP: #news
$XRP
Ripple, the company behind the XRP Ledger, will unlock 1 billion XRP tokens worth $628.5 million on April 1. This is another Ripple sell-off that occurs every month and could negatively impact the price of XRP in the coming weeks.
Since 2017, Ripple has been releasing 1 billion tokens from escrow accounts on the first day of every month. April will mark the beginning of a new era of XRP inflation as the company has been running different accounts for the past few years.
Until this time, according to XRPScan, the company used the accounts “Ripple (22)” and “Ripple (23)”.
Analysis of the XRP price against the backdrop of sales It is worth paying attention to how previous Ripple sales affected the price of XRP. The chart below shows all XRP sales year-to-date, broken down by day.
Interestingly, only two out of eight days had positive price action. However, even these “green” days were marked by very modest achievements, while the negative days had much more impressive consequences.
#Ripple #XRP🚀 #RippleXRP #XRP: #news
$XRP
"US CBDC Talks Heat Up—XRP's Position in the Spotlight"
The United States Federal Reserve is still undergoing negotiations regarding the development of its Central Bank Digital Currency (CBDC) dubbed the Digital Dollar.
Read more on: https://thecryptobasic.com/2024/02/19/us-cbdc-digital-dollar-discussions-underway-will-xrp-fit-in/
#XRP: #CBDCProject #Crypto #CryptoNewsFlash #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/02/19/us-cbdc-digital-dollar-discussions-underway-will-xrp-fit-in/
#XRP: #CBDCProject #Crypto #CryptoNewsFlash #CryptonewswithJack
Oliver Michel, the CEO of Tokentus Investment AG, a prominent German Web3 venture capital firm, has voiced his belief in XRP’s potential to serve as the world’s reserve currency.
#XRP🚀 #XRP: #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
#XRP🚀 #XRP: #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate