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Amid the broader market correction, altcoins have faced an even deeper fall with Ethereum (ETH) and other top alts plummeting by 10-15% over the past week. However, the Santiment analysis shows that three altcoins – XRP, APT, and LINK – could make big moves ahead amid fundamental developments and institutional interest.
The US SEC's decision to appeal against a federal court ruling last year that recognized XRP is not a security has created shockwaves in the cryptocurrency market, especially the XRP market. The XRP price has dropped at least 1.2% in the last 24 hours. On September 30, the opening price of XRP was around $0.6405.
XRP whales nabbed significant investor attention on Friday, moving hundreds of millions of coins in light of the latest development in the Ripple vs SEC lawsuit. On-chain data indicated nearly 153 million coins shifted by whales as the U.S. SEC filed for a ‘notice of appeal‘ against Judge Analisa Torres' final judgment in the Ripple
Peter Brandt, a well-known commodity and forex trader, has shaken up the XRP community with his latest bearish price prediction. As Ripple continues to battle with the U.S. SEC, Brandt forecasted that XRP's value will sink to $0.034 in the long term.
The U.S. Securities and Exchange Commission is yet to file its Form C with the Second Circuit.
Ripple vs SEC case has taken yet another turn, after the SEC's decision to appeal Judge Analisa Torres' ruling in its long-standing case against Ripple, filing a “notice of appeal” to the Second Circuit Court.
XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance.
XRP drops further after SEC files appeal in Ripple case, raising concerns over potential legal challenges.
Ethereum is experiencing a prolonged period of aggressive selling pressure, leading to a marketwide sell-off. The latest data shows that ETH has significantly lost ground, with its market capitalization having dropped by billions.
Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region's crypto landscape, helping businesses move funds 24/7.
Ripple's ongoing legal war with the U.S. Securities and Exchange Commission (SEC) has reached a new chapter, sending ripples across the cryptocurrency market. On October 2, 2024, the SEC officially filed an appeal to challenge a pivotal ruling in the high-profile case, causing XRP, Ripple's native cryptocurrency, to plunge by 12%.
Gurbir Grewal's departure, coinciding with the Ripple appeal, has raised speculation about internal tensions and the agency's crypto strategy.
Is XRP's recent drop of over 14% linked to the SEC's latest actions in the Ripple lawsuit?
Peter Brandt, a commodity and foreign exchange trader, has triggered the XRP community with his new price prediction for the Ripple-associated coin. This comes amidst the ongoing case with the United States Securities Securities and Exchange Commission (SEC) and the recent price dip.
XRP experienced a flash crash Thursday, dropping by around 15% just hours after news broke that the U.S. Securities and Exchange Commission (SEC) filed a notice of appeal against Judge Analisa Torres' August ruling in the landmark Ripple lawsuit.
Yesterday, Wednesday, the United States Securities and Exchange Commission (SEC) formally extended the XRP lawsuit against Ripple by filing a Notice of Appeal regarding Judge Torres's ruling. Following this news, the price of XRP plunged by more than 10%.
With spot crypto ETFs gaining momentum, many expect the upcoming US election to influence their approval.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cuy Sheffield of Visa explains the payment processor's new tokenization platform for banks.
It appears that Ripple's native token is poised for a massive price crash as whales and institutions continue to offload their holdings. Over the past seven days, Binance, the world's largest crypto exchange, has seen a significant dump of XRP tokens by whales and institutions, according to the on-chain analytics firm CryptoQuant.
Ripple has launched its end-to-end payments solution in Brazil, partnering with Mercado Bitcoin to enhance cross-border transactions using blockchain technology.
The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
The U.S. Securities and Exchange Commission (SEC) is filing a notice of appeal against 2023's landmark ruling that the sales of the crypto asset XRP only qualify as securities when sold to institutional investors.
Ripple announced its expansion on October 1, highlighting the importance of DFSA's “in-principle approval.” This approval allows Ripple to deliver its “enterprise-grade” digital asset infrastructure from the DIFC.
On Wednesday, October 2, the United States Securities and Exchange Commission (SEC) took a formal step in extending the XRP lawsuit with Ripple by filing a Notice of Appeal of Judge Torres's ruling.
