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Ripple CEO Brad Garlinghouse is confident that the U.S. Securities and Exchange Commission (SEC) will greenlight spot XRP-based exchange-traded funds (ETFs), even if his San Francisco-based blockchain payments firm has been locked in a long-drawn-out legal dispute with the Wall Street regulator.
Ripple has thrown millions behind Kamala Harris.
Ripple's legal challenge could redefine regulatory boundaries in the crypto industry, potentially limiting the SEC's influence over digital assets. The post Ripple to file Form C as SEC prepares for appeals battle over XRP sales appeared first on Crypto Briefing.
The ongoing legal battle between Ripple and the SEC, Marc Fagel, a former lawyer for the SEC, has shed light on a recent filing that has raised speculation within the XRP community. The case, which has been closely watched by cryptocurrency enthusiasts and investors, has seen its fair share of twists and turns.
Check out why XRP, SHIB, and other leading cryptocurrencies could head north soon.
Ripple SEC lawsuit continues with the company's civil appeal document today to contest the SEC's claims regarding XRP's institutional sales.
Ripple Labs CEO Brad Garlinghouse has been skeptical of crypto regulation in the U.S., but he is feeling highly optimistic about the post-election environment around the corner.
Former President Donald Trump recently hinted that he might nominate individuals for the position of SEC chair if he wins the upcoming election in November. He pledged that on his first day in office, he would fire current SEC Chair Gary Gensler. In an interview with David Lin, Commissioner of the U.S.
XRP price has struggled to regain bullish momentum over the past four weeks, with the altcoin experiencing a lack of significant movement. As a result, many key holders have seen their profitability decline, putting additional downward pressure on the cryptocurrency.
Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.
XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading activity over the past 24 hours, reflected in its trading volumes.
In a recent interview, Ripple CEO Brad Garlinghouse admitted that the payments technology company should have done better with its relations with regulators in the United States in the early days of XRP. This comment was made in relation to the legal enforcement actions Ripple has been facing in the past few years.
XRP is capturing the attention of analysts and investors alike. Recently, crypto market commentator Steph shared insights on social media platform X (formerly Twitter), predicting a possible surge in XRP's price to $40.
XRP price is on the road to recovery after dipping to $0.5141 during Wednesday's late New York trading session. The asset has stagnated for a long time, often bouncing between $0.5 and $0.7 despite numerous adoptions surrounding Ripple.
On Thursday, enterprise blockchain company Ripple is supposed to file its pre-appeal statement (Form C), according to Fox Business.
"20x to 30x for XRP from here is not that crazy. It's actually capable of more," BitBoy suggested.
Ripple Labs CEO Brad Garlinghouse remains confident that an exchange-traded fund (ETF) for (CRYPTO: XRP) is “just inevitable” despite ongoing regulatory challenges. As institutional demand for cryptocurrency surges, Garlinghouse emphasized the importance of crypto ETFs, pointing to the explosive growth seen in Bitcoin ETFs since their approval.
Ripple CEO reveals Citibank severed ties with him over his crypto affiliation, underscoring the challenges faced by the industry.
Ripple CEO Brad Garlinghouse has expressed optimism about the future of an XRP-focused exchange-traded fund (ETF).
Ripple's CEO predicts that U.S. elections will spark a regulatory reset for crypto, as both candidates bring unique approaches.
Ripple's price has been bearish over the last few weeks as it failed to continue its upward momentum. Looking at the technical charts, more downsides are probable in the short term.
Ripple CEO Brad Garlinghouse says an XRP ETF approval is inevitable, pointing to growing institutional demand for crypto ETFs.
Ripple vs SEC lawsuit is set to proceed in the U.S. Second Circuit Court of Appeal as the government agency filed Form C. Surprisingly, the US Securities and Exchange Commission has reinstated securities law violation charges against Ripple executives Brad Garlinghouse and Chris Larsen.
The cryptocurrency market is showing signs of recovery, with several XRP competitors emerging as strong contenders. These coins have demonstrated remarkable growth, making them potential investments to transform $1 into $1000 by 2024.
