John Deaton, a pro-XRP lawyer, recently made some statements regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Deaton believes that if Ripple loses to the SEC, no money may be collected for years, and only if Ripple loses on appeal. However, he also believes that if the Supreme…
Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone. Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar. The price is now trading above $0.48 and the 100 simple moving average (4 hours). There…
The United States Securities and Exchange Commission (SEC) has raised concerns about the recent filings for spot Bitcoin exchange-traded funds (ETFs), stating that they are insufficient. This comes after asset management giants BlackRock and Fidelity submitted their applications to launch spot Bitcoin ETFs. The Wall Street Journal reported that the SEC shared its perspective on…
Ripple’s token price started a fresh decline from $0.5265 against the US Dollar. XRP price could extend its decline unless it climbs back above $0.50. Ripple’s token price is moving lower below the $0.488 support against the US dollar. The price is now trading below $0.48 and the 100 simple moving average (4 hours). There…
The price of XRP experienced an increase after surpassing the $0.50 mark; however, it has recently undergone a fresh decline. Analyzing the daily chart, the altcoin has depreciated by approximately 3%, whereas the weekly chart shows an appreciation of about 6%. The technical outlook for XRP indicates a bearish bias due to a decrease in…
The IMF has often recognized crypto assets, especially Ripple (XRP), as instruments facilitating cross-border payments and remittances. Reuters reported that the International Monetary Fund IMF plans to launch a platform to facilitate CBDC creations and transactions. These mentions have always excited the XRP community. But recently, a prominent XRP influencer opined that the new XC…
In the often-polarizing universe of crypto, it isn’t often that an established Bitcoin maximalist or advocate publicly places a bet on a different coin. However, in a sudden turn of events, Crypto Rover, a crypto influencer and Bitcoin devotee, recently confirmed his substantial investment in XRP. The influencer did not only seem to boast its…
In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. Alderoty reaction relates to the Hinman documents and allegations of William Hinman’s favoritism towards Ether. SEC Counsel Emphasizes On…
Ripple’s token price is attempting a fresh increase above the $0.48 resistance against the US Dollar. XRP price could gain bullish momentum if it clears $0.51. Ripple’s token price is holding gains above the $0.480 resistance against the US dollar. The price is now trading below $0.51 and the 100 simple moving average (4 hours).…
The legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken a new twist as top lawyers accuse former SEC Director William Hinman of being paid to attack XRP in favor of Ethereum (ETH). Following the release of Hinman’s emails and drafts of his June 2018 speech, pro-XRP attorney John Deaton expressed…