US SEC says earlier district court ruling got it wrong in latest appeal filing in ongoing case against Ripple
The SEC says a district court decision got it wrong when it decided the sale of XRP to retail investors didn't violate securities laws.
Keep up with what's happening in the crypto world in real-time.
The SEC says a district court decision got it wrong when it decided the sale of XRP to retail investors didn't violate securities laws.
Stellar (XLM) has made waves in the crypto market with a remarkable 7% price increase in just 24 hours. As of January 15, 2025, XLM is trading at $0.4705, and its market capitalization has reached $14.55 billion.
The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple, filing an appeal to contest portions of a district court ruling that categorized the XRP token differently based on whether sales were made to institutional investors or retail participants.
XRP surges past $3 for the first time since 2018, fueled by optimism around the SEC's appeal strategy in the Ripple case.
While the regulator already filed its appeal in mid-October, Wednesday's opening brief represents a formal step in the appellate process.
XRP has demonstrated impressive resilience and relative strength compared to the broader crypto market, pushing decisively above a critical supply zone. The altcoin has surged over 23% since Monday's market shakeout, marking a significant recovery and positioning itself for a potential move into price discovery.
XRP, the cryptocurrency associated with the Ripple network, has been making waves in the market recently. After emerging from a period of consolidation, XRP is now experiencing a powerful rally, bringing it closer to the $3 mark.
XRP is now less than 10% away from an all-time high as Bitcoin hovers around $100,000 and Solana and Dogecoin hit weekly price peaks.
XRP's network has recently garnered much attention among the community, and on-chain metrics show that large-value transactions are on the rise. As reported by Ali Martinez, an on-chain analyst, the number of transactions on the network has risen to above $1 million in the last few days.
Ripple's XRP has captured the spotlight with a 10% price surge, reaching $2.84 as a series of strategic and market-driven factors boost investor sentiment. From significant whale accumulation to Ripple's ecosystem plans and ongoing legal battles, XRP is gaining momentum in the cryptocurrency market.
XRP spot traders provided the volumes needed to send the altcoin above $3. Is a new all-time high the next stop?
All eyes are on these key players, whose decisions will dictate whether XRP surges or corrects.
XRP (XRP 10.69%) was flying higher on Wednesday. The cryptocurrency was up 10.97% as of 3:45 p.m.
Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.
Ripple-promoted token XRP has flipped Tether's USDT stablecoin to claim its spot as the third-biggest crypto by market cap, trailing only Bitcoin (BTC) and Ethereum (ETH). XRP nearly touched the elusive $3 mark on Wednesday morning, reaching a level not seen since 2018.
Ripple (XRP) price touched a price of $3 on 15th January 2025 for the first time since the year 2018. The price increase corresponds to the overall positive trend of market and the expectations on the changes in the regulation during the Donald Trump's administration.
XRP reached $3 today, marking its highest price since 2018. The surge coincided with a resurgence of XRP meme coins, driving significant activity on the network.
Cryptocurrency markets are surging on Wednesday as financial markets interpreted freshly-released inflation data as a positive sign for equities. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $100,135.47 +4% Ethereum (CRYPTO: ETH) $3,456.54 +7.9% Solana (CRYPTO: SOL) $202.23 +8.9% XRP (CRYPTO: XRP) $2.94 +11% Dogecoin (CRYPTO: DOGE) $0.3773 +7% Shiba Inu (CRYPTO: SHIB) $0.00002235 +4.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 25.6% and daily active addresses up by 6%.
Ripple's XRP spiked 14% to a record high over $3.00 Wednesday morning amid great anticipation over an SEC appeal deadline for a ruling that XRP is not a security. CoinDesk's Christine Lee presents the "Chart of the Day.
Ripple's XRP has reached a major milestone, almost touching the $3 mark for the first time since 2018, signaling a significant price surge for the token. The coin has surged more than 15% in the past 24 hours, continuing a rally that began after a recent pullback.
Hong Kong-based HashKey Group has released its “Top 10 Market Predictions for 2025,” forecasting major developments in the cryptocurrency sector. Among the predictions, Bitcoin is expected to break the $300,000 mark, while Ethereum could exceed $8,000, driven by growing adoption and institutional investments.
Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) continues to impact XRP's market performance. Recent developments in the case have triggered a significant price surge for the cross-border payment token.
XRP extended its breakout gains despite the SEC's appeal.
XRP momentarily smashed through the $3 barrier today, a dramatic comeback not seen since early 2018. Though it quickly corrected back to $2.97.
