Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown. The United States’ equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) also attempted a relief rally, the bulls…
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Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional circumstances required for interlocutory appeal are absent.” Ripple Says Court Should Deny SEC’s Motion On Friday, Ripple Labs filed…
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Ripple Labs has objected to the Securities and Exchange Commission’s (SEC) request to appeal a federal judge’s ruling that the XRP token is not a security when sold to the public. On Friday, Ripple filed a request with US District Judge Analisa Torres in New York, urging her to deny the SEC’s plea, according to a report from Bloomberg. … Read More: Ripple…
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In the last 48 hours, the XRP market has witnessed a significant amount of large-scale transactions, drawing much attention from the general crypto space. According to data from blockchain tracker Whale Alert, XRP whales conducted transactions involving over a billion XRP on Friday, September 1. Ripple Transfers 75 Million XRP To Unknown Wallet In Whale…
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Toncoin was easily one of the biggest movers in crypto markets to start the weekend, as price rose by over 10%. Saturday’s surge comes despite the global market cap mostly trending lower, having fallen by 0.43% as of writing. XRP was one of the tokens to fall, dropping below a key price floor. Toncoin (TON)…
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Bitcoin and most altcoins gave back the entirety of their gains shortly after the SEC decided to delay issuing a decision on all of the recently filed spot Bitcoin ETF applications. Bitcoin’s volatility has increased over the past few days. The price soared on Aug. 29 after Grayscale scored a victory over the United States Securities…
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Lawyers argued the SEC’s grounds for an appeal was based on “dissatisfaction” with a July court decision that the XRP token did not largely qualify as a security. Lawyers representing Ripple in its lawsuit with the United States Securities and Exchange Commission (SEC) have suggested the regulator hasn’t met the requirements to request an appeal.…
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XRP has been one of the most controversial cryptocurrencies since its creation by Ripple Labs in 2012. Its close ties to traditional finance have alienated parts of the crypto community. However, it retains a loyal following for its fast and cheap transactions. This XRP price prediction guide examines the coin’s outlook using technical analysis methods. What…
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Ripple’s token price is showing bearish signs below $0.550 against the US Dollar. XRP price could start another decline if it trades below $0.500. Ripple’s token price is struggling to recover above $0.540 and $0.550 against the US dollar. The price is now trading below $0.550 and the 100 simple moving average (4 hours). There…
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After the initial excitement surrounding Ripple Lab’s partial legal victory against the US Securities and Exchange Commission (SEC) subsided, XRP experienced a decline that led it to test its 4-month support line at $0.4240. However, the cryptocurrency has demonstrated resilience by reclaiming its important psychological level of $0.50 and reentering its previous consolidation or accumulation…
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