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Ripple News
Cryptopotato
1h
216
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Ethereum’s (ETH) Price Explosion, Ripple’s (XRP) Next Targets, and More: Bits Recap May 9
- ETH surged by 23% in 24 hours to over $2,400, with bullish predictions ranging from $4K to $25K.
- XRP increased by 9% daily to $2.40 following optimism from the settlement between Ripple and the SEC, with expectations of surpassing $2.80 towards new all-time highs.
- PEPE experienced over 50% weekly growth, reaching its highest price since January, boosted by whale accumulation and a revitalized crypto market.
- This news indicates positive momentum in the cryptocurrency market, with Ethereum and Ripple showing strong performance and PEPE coin attracting significant attention with its recent surge.
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Cryptopotato
2h
309
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Crypto Price Analysis May-09: ETH, XRP, ADA, SOL, and HYPE
- Ethereum experienced a notable 32% price increase, aiming for $3,000 with $2,400 as a key support level.
- Ripple saw a 6% price increase reaching $2.3, potentially targeting $3 in the future with the possibility of increased volatility.
- Cardano closed the week with a 12% price increase, eyeing a breakout towards $1 with $0.9 acting as a significant resistance level.
- Solana also recorded a 12% price increase, looking to hit $186 with $152 as the support level, on track to reach $200 in the near future.
- Hype observed a 21% price surge this week, surpassing $21 and aiming for $25 with potential resistance at $24 and $28.
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Cryptopotato
5h
294
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SEC, Ripple Ink $50M Settlement to End Long-Running Legal Battle
- The U.S. Securities and Exchange Commission (SEC) and Ripple have reached a $50 million settlement, bringing an end to their long-standing legal battle.
- The agreement includes the dissolution of an existing injunction against Ripple and the release of $125 million held in escrow, with Ripple paying $50 million to the SEC.
- The settlement also involves dropping appeals from both parties related to the case that started in December 2020 when the SEC filed a lawsuit against Ripple over allegations of conducting an unregistered securities offering.
- The XRP price increased by 5.2% following the news of the settlement, with the XRP community celebrating the development as the end of the legal drama.
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TronWeekly
6h
6
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Ripple Finally Settles $50M With SEC as XRP Soars 8%; Is $3 the Next Milestone?
- Ripple and the SEC settled their legal battle with a $50 million agreement.
- XRP surged above $2.17 after the settlement news, with predictions of reaching $3 if momentum continues.
- Ripple will pay $50 million to settle the case, bringing relief to the XRP community.
- The settlement marks the end of a major legal battle in crypto history and may lead to increased use of digital assets in banking.
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Crypto-News-Flash
8h
204
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Ripple Custody Now Supports HBAR via Shared MPC Wallet, Study Finds
- Ripple Custody has integrated support for Hedera Hashgraph's HBAR tokens through a scholarly academic research study, providing secure cross-chain institutional asset management.
- The custody wallet features decentralized key control through a Threshold Signature Scheme (TSS), offering compliance tools like transaction whitelists and withdrawal caps for regulated crypto portfolio oversight.
- The new wallet model includes a decentralized recovery protocol (DeRec) to enhance security by encrypting and distributing recovery details across helper nodes, eliminating the need for seed phrase storage.
- Institutional investors can now manage tokenized securities and digital assets across multiple blockchains within a single custody setup, ensuring compliance with regulations and offering portfolio diversification.
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Newsbtc
10h
339
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Bullish Continuation For XRP Price Shows Possible Recovery To $4
- XRP is showing signs of bullishness after a recent recovery by 2% in the past 24 hours, reaching an intraday peak of $2.2.
- Technical analysis on TradingView suggests XRP is poised for a bullish continuation to $4, with low volatility indicating a shift from bearish momentum.
- XRP's price action has transitioned to a phase of minimal volatility, breaking above a downward sloping resistance trendline and consolidating without forming new lows, signaling a bullish pattern.
- The chart indicates repeated bounces from a support zone around $2.00 since mid-April, with each consolidation phase resulting in a higher low, paving the way for a potential upward breakout towards $4.
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Bitcoinist
11h
97
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Ripple Vs. SEC Battle Update: Crypto Firm Seeks Final End To Legal Turmoil
- Ripple, a blockchain company, is moving towards ending its legal battle with the US Securities and Exchange Commission (SEC) after the regulator announced its intention to withdraw its appeal.
- The proposed penalty for Ripple has been reduced from $125 million to $50 million as a result of the company dropping its cross-appeal in response to the SEC's move.
- The SEC has requested the court to vacate the injunction against Ripple, hinting at a potential settlement and marking progress in the crypto sector's legal landscape.
- Ripple's update reflects a positive shift in regulatory enforcement in the crypto industry, with the SEC de-escalating legal actions against various major crypto firms alongside progress in Ripple's corporate growth.
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Bitcoinist
13h
83
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Ripple And SEC Reach Major Deal: Remaining $75M Penalty Returned, Injunction Lifted
- Ripple Labs has reached a settlement with the SEC regarding the classification of its token XRP, ending years of legal battles.
- The settlement involves Ripple Labs, CEO Brad Garlinghouse, and Executive Chairman Christian A. Larsen, providing clarity and potential relief for Ripple.
- Under the settlement, Ripple will pay $50 million to the SEC, while the remaining $75 million penalty will be returned to Ripple.
- The SEC's decision to settle does not assess the merits of the claims against Ripple but is aimed at aiding the Commission in reforming its regulatory approach to the cryptocurrency sector.
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Crypto-News-Flash
1h
239
Image Credit: Crypto-News-Flash
XRP News: Ripple Reaches $50M Settlement with SEC—$75M Returned If Injunction Lifted
- Ripple reached a settlement with the SEC, reducing the penalty from $125 million to $50 million.
- A SEC Commissioner criticized the settlement, stating it undermines the court’s role in interpreting securities laws.
- The settlement marks the end of the legal battle between the SEC and Ripple over the sale of XRP without proper registration.
- XRP price surged by 6.7% following the news, with predictions suggesting a potential new all-time-high price of $27.
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Coinjournal
2h
22
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XRP rallies as Bitcoin breaks out and Fed pauses; Bitcoin Pepe targets 300% surge
- XRP price is rising following Bitcoin’s breakout past $100K, with the SEC settlement boosting the outlook.
- Bitcoin Pepe combines Bitcoin’s security with Solana’s speed for meme trading.
- Bitcoin Pepe’s presale offers up to 300% gains for early participants.
- XRP and Bitcoin Pepe are benefiting from market developments, with XRP seeing significant price jumps and Bitcoin Pepe gaining momentum with its promise of high gains and innovative features.
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Cryptonews
7h
286
Wellgistics Health Taps XRP’s Speed and Low Fees to Revolutionise Healthcare Payments
- Wellgistics Health Inc. plans to integrate XRP into its network for faster, cheaper, and more transparent healthcare payments.
- They will be one of the first publicly traded healthcare companies to use XRP for payments and treasury management.
- The initiative is supported by a US$50 million credit line to develop programmable liquidity and streamline financial infrastructure.
- Benefits of XRP integration include faster settlement times, lower transaction costs, increased transparency, and simplified global vendor payouts.
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Cryptopotato
7h
94
Image Credit: Cryptopotato
XRP Breaks Through Important Resistance, Here’s What’s Next for Ripple’s Price
- XRP surged above key resistance and could potentially reach $2.6, according to a crypto analyst.
- The surge followed a market-wide increase and the US SEC filing to settle the lawsuit against Ripple Labs.
- XRP has been trading within a range between $2 and $2.26 for a while, with $2.26 acting as a significant resistance.
- The SEC's motion to settle with Ripple Labs for $50 million indicates progress in the legal case, contributing to XRP's surge.
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Cryptonews
8h
53
Ripple and SEC Finally Call Off $1.3 Billion XRP Suit with $50 Million Settlement
- Ripple and the SEC have settled their legal dispute with Ripple agreeing to pay a $50 million penalty, significantly lower than the initial $2 billion fine and last year's $125 million.
- The lawsuit started in 2020 over whether XRP sales were unregistered securities offerings. XRP surged 8.7% after news of the settlement.
- The final resolution reflects the SEC's softened stance on crypto under the Trump administration. SEC Commissioner Caroline Crenshaw criticized the deal for undermining investor protection.
- The SEC's case against Ripple began in 2020, and a federal court ruled in 2023 that XRP's institutional sales violated securities laws. The settlement comes after the change in the agency's approach towards cryptocurrencies.
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99Bitcoins
11h
108
Trump Allegedly Misled on XRP Crypto Reserve Post, Report Claims
- President Donald Trump announced a national crypto reserve including XRP, SOL, and ADA, sparking market reactions and political questions.
- Reports suggest a lobbyist tied to Ripple Labs may have influenced the announcement, raising concerns over private influence on public policy.
- Trump reportedly cut ties with the lobbyist after discovering their involvement, emphasizing distancing from private sway in administration's crypto plans.
- Despite controversy, XRP maintained most of its gains, indicating that investor confidence may outweigh the political drama, for now.
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Livebitcoinnews
15h
357
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SEC XRP News: SEC Filing of Settlement Agreement to Close Ripple Lawsuit – Will XRP Hit $4 Soon?
- The SEC has filed a settlement agreement letter to close the case against Ripple Labs over the sale of XRP, leading to speculation of a price surge for XRP.
- The settlement is expected to have a positive impact on XRP's price, potentially reaching $4 with increased investor confidence and market sentiment.
- Analysts forecast a bullish market sentiment for XRP post-settlement, expecting a price surge driven by regulatory clarity and institutional interest.
- The settlement allows Ripple to expand globally without regulatory uncertainty and potentially form new partnerships in the financial sector.
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