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Ripple News

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Zycrypto

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Ripple Escalates Legal Dispute With SEC, Files Form C In Appeals Battle Over XRP Sales

  • Ripple has filed a cross-appeal in the U.S. Court of Appeals for the Second Circuit in its ongoing legal battle with the SEC.
  • The filing challenges various aspects of a key ruling that favored Ripple in the sale of XRP tokens.
  • Ripple argues that its institutional XRP sales should not be categorized as unregistered securities transactions.
  • The company also disputes the SEC's inconsistent statements and seeks to reevaluate the extent of the injunction against the company.

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TheNewsCrypto

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Ripple Pushes Back on SEC Latest Move With Cross Appeal

  • Ripple has submitted a cross appeal in response to the SEC's recent appeal filing in the Ripple Vs. SEC lawsuit.
  • The cross appeal raises several issues and requests for cross-examination of previous court verdicts.
  • Ripple's Chief Legal Officer clarified that the filing aims to prevent the case from going to litigation and is not about XRP's position as a security.
  • Meanwhile, the SEC continues its regulatory enforcement approach, battling against Coinbase and other entities.

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TheNewsCrypto

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Is XRP Ready to Break Free from These Price Barriers?

  • XRP trades at $0.5248, down 1.12% in the last 24 hours.
  • The asset is struggling to break the $0.55 resistance level.
  • Recent developments in the Ripple Labs SEC lawsuit may impact the XRP price.
  • XRP's daily trading volume has dropped 16.10% to $850 million.

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TheNewsCrypto

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Ripple (XRP) and Cardano (ADA) Eyeing New Highs By 2025, This Top Trending Token to Skyrocket 10,000% to $10

  • Ripple (XRP) and Cardano (ADA) are expected to witness meaningful growth and are likely to outperform the current levels by 2025.
  • Rexas Finance (RXS), an altcoin, is currently in the presale phase and is expected to skyrocket and reach a massive return of over 10,000% by hitting $10 by the year 2025.
  • Rexas Finance is focused on making the process of asset tokenization simple, enabling the asset tokenization of anything including real estate and other high-value properties.
  • Rexas Finance project decided not to go the traditional fundraising route and instead opted to rely on the public for the presale.
  • Tokens of Rexas Finance can be currently purchased at $0.06 and the fourth phase of the presale is currently in progress.
  • Earlier stages of Rexas Finance have secured $3.75 million from sales, which indicates that several people have considerable faith in the platform’s future.
  • Analysts expect that Rexas Finance is likely to go up to $10 with a price increase of over 10,000% from its presale price.
  • The innovative application of Rexas Finance’s blockchain technologies and democratization of ownership have set the pace for phenomenal growth.
  • Rexas Finance (RXS) presents investors with an unprecedented opportunity to join the community that is likely to transform how users purchase, trade, and possess real-world assets.
  • As Rexas Finance project is still conducting its presale stage, it is an ideal moment to engage with this promising project.

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Bitcoinist

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Ripple Files Civil Appeal Pre-Argument Statement Against SEC: Key Takeaways

  • Ripple has filed the Civil Appeal Pre-Argument Statement against the SEC.
  • The appeal focuses on four key issues, including the definition of an investment contract.
  • Ripple challenges the district court's application of the Howey Test.
  • The company also disputes the specificity of the injunction issued against it.

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Cryptonews

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Ripple CEO Predicts Crypto Reset Post US Election, No Matter Who Wins

  • The US presidential race is close between Harris and Trump, with the election less than two weeks away.
  • Crypto markets lean towards Trump due to his recent pro-crypto stance and promise to replace SEC head Gensler.
  • Polymarket shows strong betting favour for Trump, influenced by a significant wager from a French trader.
  • Ripple CEO Garlinghouse predicts a significant crypto policy reset regardless of whether Trump or Harris wins.

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Zycrypto

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A Big Bull Earthquake Could Smash XRP Price As Ripple CEO Declares Spot XRP ETFs Are ‘Inevitable’

  • Ripple CEO Brad Garlinghouse believes spot XRP-based exchange-traded funds (ETFs) are 'inevitable' despite the legal dispute with the SEC.
  • Garlinghouse predicts that the approval of Bitcoin and Ethereum ETFs will pave the way for other cryptocurrencies like XRP.
  • Multiple firms, including Bitwise and Canary Capital, have filed for applications to launch spot XRP ETFs.
  • Although the SEC's approval of an XRP ETF is uncertain due to the ongoing lawsuit, Garlinghouse insists that there is demand from institutional and retail investors for access to XRP.

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Crypto-News-Flash

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Analyst Forecasts XRP to Outshine Ethereum with Ambitious $16.5 to $22 Price Projection

  • Analyst predicts a potential rally for XRP, projecting a price range of $16.5 to $22.
  • Key factors driving the potential rally include a possible Trump victory, the firing of SEC Chair Gary Gensler, and the end of the Ripple lawsuit.
  • XRP's participation in the bull run is expected to be long overdue, with a predicted surge of 20x.
  • Potential adoption of XRP by BRICS nations could further accelerate its growth.

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Crypto-News-Flash

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Ripple CEO Brad Garlinghouse Expects Crypto Reset, Will It Happen After US Elections?

  • Ripple CEO Brad Garlinghouse expects a major crypto reset following the upcoming US elections, regardless of the elected candidate.
  • Garlinghouse believes a new administration could drive favorable regulatory frameworks for the crypto industry.
  • Garlinghouse shared his personal challenges of 'de-banking' in the crypto industry, revealing that Citibank ended his 25-year banking relationship due to his involvement in crypto.
  • Garlinghouse predicts the approval of a spot XRP ETF is inevitable, citing increasing institutional interest in the crypto industry.

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TheNewsCrypto

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XRP Could Outshine Bitcoin: Crypto Developer Lists Key Advantages

  • Former Ripple developer highlights XRP’s superior scalability and efficiency.
  • XRP processes transactions faster than Bitcoin with lower environmental impact.
  • XRPL attracts $1B in tokenized equity, demonstrating broader use cases.
  • XRP has potential advantages in sustainability, supply dynamics, and versatility.

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Bitcoinist

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CEO Brad Garlinghouse Says Ripple Made A Mistake With The SEC, Here’s Why

  • Ripple CEO Brad Garlinghouse admits the company made a mistake in its early relations with regulators.
  • Garlinghouse believes Ripple and the crypto industry need to make up for lost time in engaging with regulators.
  • The ongoing Ripple-SEC case could have been avoided with proactive engagement with regulators.
  • Garlinghouse highlights the need for constructive engagement with regulators in the crypto industry.

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TronWeekly

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XRP Breaks Bullish Pattern, Eyes Major Breakout Potential

  • XRP formed a bullish pattern in October, potentially preparing for a major breakout beyond the $0.65 zone.
  • Key resistance levels need to be cleared for XRP to reach $3.317, with support at $0.2874 crucial for maintaining momentum.
  • Ripple (XRP) is attracting attention for the possibility of a major price breakout and returning to the $0.65 zone.
  • Market conditions and the ability of XRP to stay above critical support levels will determine its future growth trajectory.

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Bitcoinsensus

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Ripple’s Garlinghouse Admits to Mistakes with U.S. Regulators

  • Ripple CEO Brad Garlinghouse admits the company should have engaged with U.S. regulators earlier.
  • Ripple is currently fighting legal battles with the SEC over the sale of XRP as an unregistered security.
  • Garlinghouse criticizes U.S. crypto regulation, calling it lagging behind other countries.
  • Ripple and the crypto industry need to catch up and engage with regulators to avoid regulatory uncertainty.

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Cryptopotato

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Ripple (XRP) Price Prediction for This Week

  • XRP's price action shows indecision with key support levels at $0.48 and $0.52.
  • Buyers struggle to maintain control as sellers continue to put pressure.
  • XRP's volume has been declining since March, indicating a likely drop to lower support levels.
  • Key support level to watch is at $0.48.

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Crypto-News-Flash

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XRP Ledger Hits All-Time High in Daily Token Issuance as Trading Protocol Gains Traction

  • The XRP Ledger (XRPL) achieved a record high in daily token issuance, with 213 new tokens issued in a single day.
  • This surpasses the previous all-time high of 74 tokens issued in a day in October 2021.
  • The launch of the First Ledger platform contributed to this milestone, resulting in 1,564 new tokens created in eight days.
  • However, only four of these tokens have a market cap above $1 million.

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