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The resolution of Ripple's four-year SEC lawsuit removes the key regulatory hurdle that had blocked XRP ETF approvals in the U.S.

In a recent interview, Ripple CEO Brad Garlinghouse revealed that 95% of the company's customers are not from the United States.

The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.

Nate Geraci, one of the leading ETF analysts, has predicted that both BlackRock and Fidelity will join the XRP ETF race.

In a significant win for Ripple Labs and XRP, the company has reached a settlement with the US Securities and Exchange Commission (SEC) that will effectively conclude their prolonged legal battle.

XRP recently showed signs of a bullish breakout, pushing above the 50-day EMA at $2.39 and briefly testing the upper boundary of its descending channel. However, the move lacked momentum, with price action stalling at $2.44, a modest daily decline of 0.32%.

Ripple Labs appears to be nearing the end of its years-long legal battle with the U.S. Securities and Exchange Commission (SEC), emerging with a significant victory. Ripples Chief Legal Officer, Stuart Alderoty, announced via X that the SEC will return $75 million of the $125 million fine Ripple paid last year.

As the SEC vs Ripple lawsuit is coming to an end with the blockchain firm paying a $50 million penalty, developments on an XRP ETF are gathering pace once again. In his latest Bloomberg interview, CEO Brad Gralinghouse said that it's important to have this exchange-traded fund, while just falling short of accepting that they

XRP price started a fresh recovery wave above the $2.450 zone. The price is now struggling to clear the $2.480 and $2.50 resistance levels.

Big news coming out of the SEC vs. Ripple case—it's officially over! Last week, the SEC dropped its appeal, and now a final resolution has been reached. Ripple will pay a $50 million fine and it has also agreed to drop its cross-appeal, and the judge's earlier injunction will be lifted.

The long-running legal battle between the SEC and Ripple has reached its final stages. Last week, the SEC agreed to drop its appeal without conditions, and Ripple has now decided to drop its cross-appeal.

The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) is officially over. Last week, the SEC decided to drop its appeal, clearing the way for a final resolution that both sides have now agreed on.

XRP is up more than 8% over the past seven days, but it hasn't been able to maintain the strong momentum sparked by the SEC dropping its lawsuit against Ripple.

Ripple has agreed to settle its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), dropping its appeal and agreeing to pay $50 million of the originally imposed $125 million fine.

XRP's pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe.

The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S.

Despite its recent push for recovery Bitcoin is currently dealing with a potentially negative development. Bitcoin is currently trading at $87,124 down 0.44% on the day.

Crypto analyst Dark Defender has issued a bold outlook for XRP, stating on X that the asset is on a clear path toward multiple upside targets. His remarks come at a time when the asset bulls are trying to hold a support level at $2.

Ripple settles with the SEC, agreeing to pay a $50 million penalty and dropping its cross-appeal, marking the near conclusion of a long-standing lawsuit that began in 2020. The SEC will retain $50 million of the original $125 million fine, with the remaining $75 million returned to Ripple. The post Ripple Settles With SEC: Pays $50M, Case Nears Conclusion appeared first on Cryptonews.

Was the legal victory only a brief reprieve?

Ripple drops cross-appeal, ending its battle with the SEC. Legal clarity may boost XRP price, ETF approval odds, and Ripple's U.S. expansion.

Ripple Labs has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a reduced $50 million fine in a case that has been closely watched by the cryptocurrency industry.

The SEC first sued Ripple Labs in 2020.

Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,471.10 +0.03% Ethereum (CRYPTO: ETH) $2,079.34 -0.6% Solana (CRYPTO: SOL) $145.94 +2% XRP (CRYPTO: XRP) $2.46 -0.3% Dogecoin (CRYPTO: DOGE) $0.1910 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001376 +0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%.