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Ripple has recently encountered significant selling pressure near the $0.65 resistance zone, triggering a sharp decline. This movement signals a potential shift toward bearish dominance as the price breaks below the ascending wedge pattern's lower boundary.
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss.
Attorney Jeremy Hogan has raised critical concerns about the SEC's decision to appeal the recent ruling regarding programmatic sales of XRP. Hogan, known for his insights into cryptocurrency law, argues that this appeal could be a significant miscalculation for the SEC, potentially harming its ability to regulate the broader crypto market.
Ripple Labs is currently facing a renewed challenge as the SEC has filed an appeal against a recent court ruling. On October 2, 2024, the SEC took a significant step in its ongoing legal battle with Ripple by filing an appeal.
The Ripple vs SEC case is making headlines again as the U.S. SEC pushes forward with an appeal. The SEC is primarily challenging the $125 million penalty imposed on Ripple in connection with its institutional sales.
The XRP price was on the investors' radar this week, with the crypto noting a sharp decline following the latest development in the Ripple SEC case. In the latest development, the US SEC has filed a Notice of Appeal, signaling that the legal battle is far from over for now.
Over the past 24 hours, the Cardano price has found its footing with newfound momentum, up 2.27%.
XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC's Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF.
The XRP price has risen by a modest 0.5% today, with its move to $0.523 helping a little to offset that losses following this week's news of the SEC's appeal against Ripple.
XRP, the digital asset associated with Ripple, experienced a significant drop of over 10% on October 3, 2024, following news that the U.S. Securities and Exchange Commission (SEC) filed an appeal against a recent court ruling in its ongoing lawsuit against Ripple Labs. This sharp decline reflects investor anxiety regarding the regulatory landscape for XRP.
The XRP price has registered a notable drop during the past day as on-chain data shows the whales have been making transactions to exchanges. XRP Has Witnessed A Sharp Drop Over The Last 24 Hours The cryptocurrency sector has been observing bearish winds recently, with the drawdown deepening across the market during the past day.
Following the Securities and Exchange Commission (SEC) appeal on a Federal ruling that stated XRP tokens are non-security assets, the altcoin has experienced a major hit. Notably, it has leveled all its gains from the previous month, giving it a fresh start to the Ripple vs SEC case.
On Wednesday, the US Securities and Exchange Commission (SEC) officially initiated an appeal process against the final ruling in the case against Ripple Labs. The specific grounds of the SEC's appeal remain undisclosed so far, leaving the XRP community in the dark.
A malicious actor is targeting Coinbase users with fake support email as flagged by Ripple CTO.
The crypto markets saw significant turmoil over the past 24 hours, with over 100,000 traders impacted by mass liquidations, greatly raising concerns during the latest market downturn. Bitcoin (BTC) briefly dipped below the $60,000 mark on October 3 before recovering and pushing back above $60,000.
The cryptocurrency community has been stirred by Bitwise's recent filing for the first-ever Spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). This is a significant moment for Ripple's XRP, drawing attention to whether a futures market will be required for approval—especially considering the approach taken for Bitcoin and Ethereum spot ETFs.
The SEC has appealed Judge Torres' ruling in the Ripple lawsuit, coinciding with large XRP whale transfers totaling 153 million coins, causing market uncertainty and a slight dip in XRP's price.
As the Ripple vs SEC case proceeds further with the securities regulator submitting a “notice of appeal” in the Second Circuit court this week, the XRP community remains unclear as to what exactly the SEC is appealing as it still needs to make a disclosure with Form C. However, the latest report suggests that the
David Schwartz, Ripple chief technology officer (CTO) who took part in the creation of the XRP Ledger, has taken to his account on the X social media platform to address the XRP army with a new alert.
Here's why XRP has caught the eye of industry participants as of late.
Ripple has announced the opening of its high-speed payment solution, Ripple Payments, in Brazil.
The XRP token is a sleeping giant that is suffering from Ripple's legal dispute with the SEC. But can the token rise again afterwards?
According to data provided by cryptocurrency analytics platform Santiment, the Ripple-affiliated XRP token has emerged as the top-trending cryptocurrency.
Ripple's Chief Legal Officer (CLO) Stuart Alderoty has openly slammed the United States Securities and Exchange Commission (SEC) for its most recent legal move, marking a significant step in the ongoing dispute over XRP and the blockchain payment firm.
