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Ripple News

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Bitcoinist

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SEC May Appeal Ripple Case, Says Journalist—Senate Candidate Joins The Debate

  • The US Securities and Exchange Commission (SEC) may appeal the recent ruling in the Ripple case, according to a former SEC attorney.
  • The landmark decision by Judge Analisa Torres found that Ripple's sales of XRP did not violate securities laws.
  • The SEC is concerned about the impact of this ruling on future regulatory proceedings and is likely to file an appeal by October 7.
  • Ripple's leadership has indicated that they will not appeal the court's decision, expressing concerns about capital formation and investor trust.

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Zycrypto

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Another High-Stakes XRP Legal Battle About To Unfold As SEC Likely To Appeal Historic 2023 Judgement

  • The Securities and Exchange Commission (SEC) is likely to appeal the historic 2023 judgment in the Ripple-XRP legal battle.
  • A former attorney at the SEC predicts that the agency will challenge certain aspects of the case, setting the stage for another lengthy legal fight.
  • The potential appeal would focus on the landmark ruling that declared XRP not a security when sold to retail investors, but still a security when sold to institutional investors.
  • Pro-XRP lawyers argue that an SEC appeal would be a waste of taxpayer money and unlikely to change the outcome.

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Cryptopotato

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Ripple’s XRP Could Surge 30% in October But There’s a Catch: Bitget Analyst

  • Ripple's XRP has been trading flat in recent weeks, but it could surge by 30% in October according to Bitget Analyst, Ryan Lee.
  • The bullish prediction is based on the optimistic market sentiment and the possibility of positive legal progress in Ripple's battle against the SEC.
  • XRP has already broken through a key trendline and is above the moving averages, indicating a potential bright October for XRP holders.
  • However, there is a catch - if the legal battle worsens or extreme predictions of parabolic growth backfire, XRP could drop to the $0.45 support level.

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Cryptopotato

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Crypto Price Analysis September-27: ETH, XRP, ADA, SHIB, and DOGE

  • Ethereum (ETH) closed the week with a 4% price increase, targeting $2,800.
  • Ripple (XRP) remained flat, with no significant price movement.
  • Cardano (ADA) had a strong week, gaining 12% and aiming for 48 cents.
  • Shiba Inu (SHIB) experienced a notable surge, increasing by 34% and facing resistance at $0.000020.
  • Dogecoin (DOGE) saw a 16% price increase and is targeting 13.5 cents.

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NullTX

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RIPPLE PRICE ANALYSIS & PREDICTION (September 27) – XRP Stays Calm Amid Latest Upsurge, Huge Explosion Lies Ahead

  • XRP continues to trade sideways after failing to surpass a key resistance level.
  • The market structure appears bullish in the short term, indicating a potential breakout.
  • If the bulls break the immediate resistance, the $0.64 level and $0.7 level become crucial.
  • Support levels to consider are $0.545, $0.5, and $0.432 in case of a price dip.

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Cryptopotato

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Ripple v. SEC Lawsuit News: Increased Rumors of a Potential Appeal

  • Ripple secured a partial win against the SEC, but the regulator has until October 7 to appeal the decision.
  • The legal battle between Ripple and the SEC continues, with rumors of a potential appeal.
  • XRP's price remains steady at $0.59, with some predicting a surge in the near future.
  • Analysts are optimistic about XRP reaching new all-time highs.

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Crypto-News-Flash

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Ripple President Shares Bold Plans for RLUSD and Ethereum

  • Ripple plans to launch its new stablecoin, Ripple USD (RLUSD), initially in countries where it has obtained licenses.
  • Ripple aims to include RLUSD as part of a cross-border settlement solution, backed by US dollars and other currencies.
  • Ripple plans to add Ethereum interoperability to the XRP Ledger, allowing Ethereum developers to use XRP as a gas token on compatible sidechains.
  • Japan, with its strong cooperation with SBI Group, is seen as a potential market for Ripple's RLUSD and has witnessed previous collaborations between Ripple and SBI.

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Crypto-News-Flash

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SEC ‘Likely’ to Appeal XRP Programmatic Sales Ruling—Ripple’s Legal Saga Ongoing

  • A former SEC lawyer is confident that the regulator will likely appeal the ruling on the programmatic sales of XRP in the case against Ripple.
  • The legal battle between the SEC and Ripple Labs may take an unexpected turn as the SEC is reportedly not satisfied with the 2023 ruling.
  • In July 2023, Judge Analisa Torres ruled that Ripple's programmatic sales of XRP to retail investors did not violate securities laws, but direct sales to institutional clients did.
  • Ripple has requested a stay on the monetary portion of the judgment and deposited the judgment amount into a bank account, pending the appeal period.

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TheNewsCrypto

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Analyst Projects Ripple (XRP) Could Reach $100: Here’s Why

  • Cryptocurrency analyst Levi Rietveld projects XRP could reach $100, drawing parallels with Michael Saylor's Bitcoin forecast.
  • Rietveld assumes proportional growth with Bitcoin's projected 20,300% increase.
  • XRP's role in providing liquidity and addressing market gaps positions it as a crucial asset in the cryptocurrency ecosystem.
  • While some believe XRP could reach $100 sooner, these projections are speculative and based on long-term forecasts.

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TechBullion

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Analysts Take on the Future Price of Three Top Altcoins (Chainlink, Ripple, IntelMarkets)

  • Analysts forecast the prices of Chainlink (LINK), Ripple (XRP), and IntelMarkets (INTL) could surge in the coming weeks.
  • Dark Defender forecasts Ripple (XRP) could reach $0.66, while PostyXBT expects Chainlink (LINK) to surge to $13.
  • Stader Labs integrates Chainlink's (LINK) CCIP to improve the platform's functionality.
  • IntelMarkets (INTL) has seen a 100% increase in its presale stage, with analysts predicting a 200% surge in the future.

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Crypto-News-Flash

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XRPL’s Xaman Wallet 3.0 Launches: Revenue Sharing and Developer Perks Unveiled

  • Xaman Wallet’s version 3.0 introduces a revenue-sharing program to support developers and enhance the XRPL ecosystem.
  • The new update offers a threshold-based model, universal transaction signing, and enhanced accessibility for developers and users.
  • Xaman Wallet 3.0 includes a monetization model that splits money with dApp developers.
  • The update also features a user-centric design, universal transaction signing, and plans for a revenue-sharing program for developers of popular xApps.

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Crypto-News-Flash

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BRICS News: 40% Gold and 60% Local—Is There Room for Bitcoin, XRP, and Other Cryptos?

  • The BRICS currency, in development, is said to be backed by 40% gold and 60% local currencies.
  • The currency would be apolitical and outside the SWIFT payment network.
  • The potential BRICS currency may be based on a basket of 40% gold reserves and 60% BRICS sovereign nation currencies.
  • Bitcoin, XRP, and other cryptos are recommended for consideration amid these developments.

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Crypto-News-Flash

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XRP vs. Traditional Banking Solutions: Why Banks Are Taking Notice of Ripple

  • XRP, the cryptocurrency associated with Ripple Labs Inc., is gaining attention as a bridge currency for the traditional banking sector.
  • Analyst CryptoTank highlights why banks are interested in using XRP instead of other digital tokens or CBDCs.
  • One reason is that accepting each other's tokens or CBDCs can give bigger banks a competitive advantage over smaller banks.
  • Additionally, XRP offers liquidity that is easily accessible, cheap, and with low to zero friction compared to the SWIFT network.

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Crypto-News-Flash

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XRP vs SEC: Appeal Strategy Unveiled by Former SEC Lawyer as October Deadline Approaches

  • The U.S. SEC may file an appeal in the XRP lawsuit, potentially sparking another phase in the case.
  • Former SEC lawyer, Marc Fagel, predicts the appeal would focus on challenging the ruling regarding programmatic sales.
  • Ripple denies rumors of an impending appeal, but experts believe the SEC may still file a last-minute appeal.
  • Ripple's leadership remains confident that the case is closed.

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Bitcoinist

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XRP Price At Risk Of Major Crash As Trendline Weakens

  • XRP price is trading around $0.6 and investors anticipate a breakout.
  • A cryptocurrency analyst suggests a potential breakdown for XRP.
  • Analyst's chart reveals a bullish setup instead of weakness and breakdown.
  • XRP could rally and reach $1.05, an 81% increase from the current price.

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