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Ripple News
TheNewsCrypto
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Ripple (XRP) Price Drops Following SEC Appeal On Federal Ruling
- XRP price drops 11% in a week following SEC appeal on a federal ruling.
- Technical indicators suggest continued bearish trend.
- Price targets: potential rise to $0.63 if bullish, or drop to $0.480 if bearish trend persists.
- Ripple's XRP faces uncertainty and doubts about its recovery and sustained growth.
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TronWeekly
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Ripple CTO Exposes Phishing Scam Targeting Coinbase Users
- Ripple CTO David Schwartz exposes a phishing scam posing as Coinbase, warning crypto users of threats.
- The phishing email used fake details and an unofficial domain to imitate Coinbase’s asset shielding department.
- Schwartz’s proactive stance highlights the importance of vigilance in combating scams targeting cryptocurrency investors.
- Schwartz's experience emphasizes crucial practices that all crypto users should adopt, such as avoiding unsolicited messages, not sharing sensitive information, and verifying communications through official channels.
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Newsbtc
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XRP Crashes 14% As Whales Send Deposits To Exchanges
- XRP price has witnessed a 14% drop in the last 24 hours.
- Recent on-chain data suggests that whales have been active on the XRP network.
- Large XRP transactions, potentially from whales, have been observed transferring to exchanges.
- These exchange inflows may have contributed to the bearish outcome for XRP.
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Crypto-News-Flash
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Ripple Faces SEC Appeal, XRP Future Hinges on Court Decision
- Ripple has 14 days to file a cross-appeal in response to the SEC’s decision to challenge the court ruling.
- Ripple’s CEO criticizes the SEC’s legal battle as irrational, emphasizing that XRP’s non-security status remains unchanged.
- The appeal procedure is expected to be lengthy, with a ruling not expected until early 2026.
- Ripple remains focused on other initiatives within the legal procedures, including the release of its RLUSD stablecoin and a possible XRP-based ETF.
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Crypto-News-Flash
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XRP Adoption by BRICS and Japan Continues, SEC Appeal Fails to Deter
- BRICS nations and Japan continue to show interest in XRP adoption despite the SEC appeal in the Ripple lawsuit.
- The characteristics of XRP as a bridge asset make it attractive to businesses and financial institutions.
- The BRICS alliance aims to reduce reliance on the US dollar and has announced the development of a blockchain-based payment system.
- 80% of Japanese banks use Ripple for blockchain payments, highlighting the growing prominence of Ripple and XRP in the traditional financial sector.
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Bitcoinist
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Pro-XRP Lawyer: Secondary Market Status Safe Despite SEC Appeal Vs. Ripple
- The SEC has initiated an appeal against the final ruling in the case against Ripple Labs.
- Pro-XRP lawyer Bill Morgan clarifies that the secondary market status of XRP is not up for debate.
- The appeal focuses on programmatic sales and other distributions of Ripple, while secondary sales remain outside its scope.
- There are expectations that Ripple will respond with a cross-appeal.
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Crypto-News-Flash
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Ripple Expands in Brazil Through Crypto Payment Deal with Mercado Bitcoin
- Ripple has launched its payment solution in Brazil, with Mercado Bitcoin becoming the country's first customer.
- The payment solution offers security, trust, single integration, and global access.
- The partnership aims to improve international payments for Mercado Bitcoin's retail and corporate customers.
- Ripple's payment solution has a wide international reach with over 80 payout markets and $50 billion in transaction volume.
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Bitcoinist
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Ripple’s CLO Criticizes US SEC’s Latest Appeal, Questions Legal Strategy
- Ripple's Chief Legal Officer (CLO), Stuart Alderoty, criticizes the US Securities and Exchange Commission's (SEC) appeal in the ongoing XRP dispute.
- The SEC filed an appeal to the court's previous ruling stating that XRP does not constitute a security.
- Alderoty finds the SEC's decision disappointing and highlights the lack of transparency in the regulatory body's actions.
- Ripple is evaluating whether to file a cross-appeal and remains committed to proving the irrationality of the SEC's lawsuit.
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Cryptonews
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Popular Lawyer Weighs in on SEC vs Ripple Appeal, Says No Appeal Over XRP Status
- The US Securities and Exchange Commission (SEC) has filed an appeal against Ripple, challenging a court ruling regarding programmatic sales of XRP.
- XRP's price has dropped to US$0.52, reflecting a 2.23% decrease over the past day and a 10.90% decline in the past week.
- Attorney Jeremy Hogan criticizes the SEC's appeal, calling it a 'big mistake' and suggesting that it may only result in a larger financial settlement from Ripple without protecting investors.
- Ripple could challenge the SEC's jurisdiction by raising the 'Blue Sky' law issue, potentially weakening the SEC's claim that XRP is a security under federal law.
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TronWeekly
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XRP’s Moment Has Arrived: Dual Filing Sparks Frenzy
- Bitwise filed for an XRP ETF and ETP, sparking excitement in the crypto market.
- XRP saw increased whale activity and a surge in transaction volume.
- The SEC's legal battle with Ripple could impact XRP-based products and the crypto market.
- Mixed market response due to regulatory uncertainty and negative sentiment around XRP.
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9 Likes
Zycrypto
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Ripple’s XRP Holders Maintain High Hopes for Major Price Surge Despite SEC Appeal
- XRP experienced a flash crash after news of SEC's appeal in the Ripple lawsuit.
- Critics question SEC's decision and its impact on XRP's long-term prospects.
- Prominent attorney and analysts believe SEC is likely to lose the appeal.
- Anticipated approval of an XRP-based ETF seen as a potential catalyst for future price surge.
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12 Likes
Bravenewcoin
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Bitwise Seeks SEC Approval for Spot XRP ETF
- Bitwise Asset Management has filed a registration statement with the SEC for a new ETF focused on XRP.
- The ETF, called Spot XRP ETF, aims to provide exposure to the value of XRP held by the trust.
- Bitwise argues that XRP is a decentralized digital asset exempt from US federal securities laws.
- However, the ongoing legal battle between the SEC and Ripple Labs poses challenges for the approval of the ETF.
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Bitcoinist
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Pro-XRP Lawyer Predicts When The Ripple Vs. SEC Appeal Process Will End
- The SEC has filed a Notice of Appeal to extend the XRP lawsuit with Ripple.
- Ripple's Chief Legal Officer mentions that they are contemplating a cross-appeal.
- Pro-XRP lawyers predict a timeline for the appeal process, with a final ruling expected no earlier than January 2026.
- Speculations arise about potential political influences on the case and the possibility of withdrawal of the appeal.
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TheNewsCrypto
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Ripple Expands in Latin America with Mercado Bitcoin Partnership
- Ripple has partnered with Mercado Bitcoin, the largest cryptocurrency exchange in Brazil.
- Mercado Bitcoin is using Ripple's solution to strengthen their internal treasury processes in Brazil and Portugal.
- The partnership aims to facilitate transactions in Brazilian Reais and offer assistance for foreign payments to both business and retail consumers.
- Mercado Bitcoin sees this collaboration as an opportunity to expand its services and go global.
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Cryptoslate
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Ripple partners with Mercado Bitcoin to boost cross-border payments in Brazil
- Ripple has partnered with Mercado Bitcoin to enhance cross-border payments in Brazil using blockchain technology.
- Mercado Bitcoin will be the first client in Brazil to adopt Ripple's payment system for treasury operations between Brazil and Portugal.
- Ripple's solution will initially focus on institutional transactions, with plans to extend to corporate and retail users in the future.
- Ripple sees Brazil as an important player in the crypto market due to its progressive regulations and broad adoption.
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