In recent days, a heated discussion has arisen between prominent journalist and Fox Business host Charles Gasparino and the Ripple / XRP community. Gasparino voiced that the US Securities and Exchange Commission (SEC) had legitimate reasons why they targeted and sued Ripple prior to FTX. Even Ripple’s legal counsel Stuart Alderoty took a stand and…
Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Futures Trading Commission (CTFC) have had past battles with other digital assets. The SEC is currently embroiled in a long-running case with Ripple Labs, with the focus on defining the…
While the crypto community has been eagerly focused on the developments surrounding Genesis Trading and Digital Currenc Group (DCG) over the past few days, Ripple Labs continues to battle the U.S. Securities and Exchange Commission (SEC). And the next important deadlines are already looming. By November 30, both Ripple and the SEC have to file…
XRP seems to have fallen short in capitalizing on the procedural wins that Ripple has gained from its ongoing legal battle against the SEC. Although the asset managed to increase by almost 2% over the last 24 hours, it is still down by 1.6% over past week. On a 14-day and 30-day period, the crypto…
XRP is in a wait-and-see position as it braces for the conclusion of a lawsuit filed by the U.S. Securities and Exchange Commission against Ripple Labs. XRP’s forecast average price for October 2022 is $0.50995 XRP, at one point, was up by almost 60% Ripple Labs continue to gain procedural wins against SEC It can…
XRP is looking good, as Ripple once again scores a procedural victory in its lawsuit battle against the U.S. Securities and Exchange Commission (SEC) that has been ongoing for almost two years now. XRP gains another key victory in its ongoing legal battle with SEC Altcoin is up by 8.5% for the past seven days…
Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network’s move to a proof of stake mechanism and the introduction of staking to the others. As sanctions have been levied against protocols such as Tornado Cash, it is becoming increasingly possible that regulatory bodies may turn their focus to Ethereum.…
It seems now that XRP fell short on capitalizing on hopes that Ripple will finally earn a victory on its long-running legal dispute with the U.S. Securities and Exchange Commission as it swayed between profits and losses on September 19. It can be recalled that the SEC and Ripple Labs, the company behind XRP, agreed…
As new details of the Ripple vs. SEC lawsuit emerged, the price of XRP felt sluggish in the last week. As of this writing, the price of XRP fluctuates at $0.32903, a 7.80 percent decrease from its latest high of $0.35874 on September 7. This price decrease is not surprising given the magnitude of the…