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Ripple News
Bitcoinist
3w
119
Image Credit: Bitcoinist
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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99Bitcoins
3w
132
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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Bitcoinist
3w
101
Image Credit: Bitcoinist
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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Livebitcoinnews
3w
433
Image Credit: Livebitcoinnews
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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26 Likes
Crypto-News-Flash
4w
62
Image Credit: Crypto-News-Flash
Coinbase Exposes SEC XRP Talks and NY Pressure to Label ETH a Security
- Coinbase released 10,000 documents suggesting SEC discussed XRP security status internally.
- New York State AG's Investor Protection Bureau Chief wanted SEC to file brief on ETH security.
- Coinbase faced lawsuit by Oregon AG for selling unregistered securities, including XRP and ETH.
- Recent litigation between SEC and Coinbase ended with joint stipulation to dismiss enforcement actions.
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3 Likes
Crypto-News-Flash
4w
124
Image Credit: Crypto-News-Flash
Ripple Price Forecast: XRP Battles Resistance as Risk-On Sentiment Grows
- XRP price is on the rise, currently trading at $2.19 with bullish sentiment in the market.
- XRP faces a critical resistance level at $2.21, marked by the convergence of 50-day and 100-day EMAs and a descending trendline from January.
- The Federal Reserve's decision to maintain interest rates unchanged has positively impacted the cryptocurrency market, with XRP among the top gainers in the last 24 hours.
- Whale wallets holding 10–100 million XRP have increased their share of the token supply by 1.75%, indicating growing confidence among large holders.
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TronWeekly
4w
97
Image Credit: TronWeekly
Coinbase Acquires Deribit for $2.9B, Dominates U.S. Options Market
- Coinbase has acquired Deribit for $2.9 billion, strengthening its position in the U.S. crypto derivatives market with $700 million in cash and 11 million Coinbase Class A shares.
- Deribit, which processed $1.2 trillion in 2024, has seen significant growth and will now merge with Coinbase to dominate the global crypto derivatives market.
- The acquisition reflects Coinbase's strategy to expand its product offerings, including spot, futures, perpetuals, and options, aligning with the increased institutional participation in crypto derivatives.
- With a trend of crypto-related acquisitions like Kraken's purchase of NinjaTrader and Ripple's acquisition of Hidden Road, the Deribit acquisition signifies Coinbase's commitment to becoming a key player in the evolving crypto sector.
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5 Likes
Cryptoticker
4w
403
Image Credit: Cryptoticker
XRP Price Prediction: $4 Target in Sight as Bitcoin Breaks $100K
- Bitcoin breaking the $100,000 barrier has turned market sentiment bullish, signaling the start of major altcoin rallies.
- XRP price predictions suggest a potential rally towards $4, representing over 100% gain from its current level of around $2.26.
- Historically, XRP has shown explosive moves in late bull cycles, with significant gains in 2017 and 2021, indicating strong potential for growth.
- Several catalysts, such as geopolitical de-escalation and positive market sentiment, are aligning for XRP, positioning it well for a rally to $4 and possibly beyond.
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24 Likes
Coin Telegraph
4w
48
Image Credit: Coin Telegraph
Why is XRP price up today?
- XRP surged on May 8 due to risk-on sentiment after US President Trump hinted at a trade deal with the UK.
- Whale accumulation of XRP continues, with more addresses holding 10,000+ XRP, signaling confidence among large holders.
- XRP broke above a key falling wedge resistance, increasing the chances of a rally toward $2.80–$3.66.
- XRP's price gained 7.50% to reach $2.27, driven by Trump's tariff talk, whale accumulation, and positive technical indicators.
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Crypto-News-Flash
4w
416
Image Credit: Crypto-News-Flash
XRP News: Morgan Stanley Labels Ripple a Top Contender in Global Payment Systems
- Morgan Stanley recognizes Ripple's role in reducing settlement periods and increasing transaction speeds in cross-border payments.
- JPMorgan acknowledges Ripple, SWIFT, and the CLS Group's efforts in addressing challenges in cross-border payments, citing potential savings for banks that adopt Ripple.
- Ripple's XRP highlighted as an alternative to SWIFT in global payments by Morgan Stanley and JPMorgan, with a mention of reducing settlement times and fraud risks.
- XRP's price is on the rise, currently trading at $2.2 with a 13% surge in the last 30 days, indicating a potential bullish reversal to $15.
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25 Likes
Cryptopotato
4w
26
Image Credit: Cryptopotato
Is XRP Ready to Join the Crypto Market Rally? (Ripple Price Analysis)
- Ripple's XRP has found support at the 100-day moving average, leading to a modest bullish rebound in the crypto market.
- Price is currently trapped between the 100-day and 200-day moving averages, with a decisive breakout necessary for a significant rally.
- XRP faces resistance at $2.4 with a support zone around $2, requiring a clear breakout for the next directional move.
- Short-term outlook suggests a potential retest of the $2.4 resistance level, followed by consolidation and a possible move towards $2.8 if demand strengthens.
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1 Like
Coinjournal
4w
385
Image Credit: Coinjournal
XRP jumps to $2.21 as whale transfers and 100% volume spike fuel rally
- XRP has surged to $2.21 with a 100% increase in daily trading volume to $4.69 billion, driven by whale activity and legal developments.
- Two large XRP whale transfers totaling 370 million tokens have sparked speculation of institutional interest and potential price appreciation.
- A legislative proposal in New Hampshire suggests adding XRP to the state's digital reserve if its market cap reaches $500 billion by 2026, indicating long-term optimism for the token.
- Technical analysts predict price targets for XRP up to $8.50, supported by bullish indicators like higher lows, MACD crossover, and trading above key moving averages.
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23 Likes
Bitcoinsensus
4w
221
Image Credit: Bitcoinsensus
XRP Price Prediction – Is It Time to Flip Bearish?
- XRP followed the H4 setup almost perfectly, moving from liquidity grab to demand bounce. Price is approaching upper liquidity and supply zones, where a bearish reaction could happen.
- The recent movement in XRP resembled a textbook pattern, flowing from demand to liquidity zones as anticipated.
- While the current setup indicates a potential reversal or pullback, nothing in the market is guaranteed. These are probabilities, and one should observe and adapt to price behavior instead of being fixated on a particular bias.
- Advising caution, the article highlights the importance of remaining flexible and responsive to market movements to maintain profitability.
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13 Likes
Zycrypto
4w
84
Image Credit: Zycrypto
Ripple vs SEC Lawsuit Not Yet Over According to Pro-XRP Lawyer
- Pro-XRP lawyer Bill Morgan stated that the Ripple vs SEC lawsuit is not officially over, leaving market participants uncertain about the outcome.
- Despite Ripple CEO Brad Garlinghouse claiming victory and the SEC dropping other investigations, the regulatory body has not confirmed the end of the legal battle.
- Morgan emphasized that finality can only be achieved after court proceedings have been completed, noting Ripple's Q1 2025 quarterly report referencing the lawsuit.
- Ripple's CLO Stuart Aldertoty expressed confidence that the SEC will reassess its approach, aiming to bolster the industry's legal framework moving forward.
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5 Likes
TronWeekly
4w
57
Image Credit: TronWeekly
SEC Email Reveals XRP Decentralization Concerns Amid Ripple Lawsuit
- SEC expressed concerns about XRP's decentralization and stability if Ripple were to exit, suggesting potential implications on the network's long-term resilience.
- Internal emails from 2021 revealed the SEC's worries about XRP's reliance on Ripple's support and its ability to survive independently compared to decentralized networks like Bitcoin.
- XRP's market saw a 15% increase in active addresses following Ripple's legal victory, despite ongoing doubts about the token's foundation and sustainability among regulatory uncertainty.
- Coinbase's FOIA request uncovered SEC communications reflecting doubts regarding Ripple's decentralization, although technical indicators showed a neutral-to-bullish outlook for XRP's price and market sentiment.
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