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Ripple's XRP is currently down by more than 1% and is trading at $2.39. XRP's price continues to show a larger bearish divergence on the 3-day chart. Despite some short-term bullish movement, the overall momentum is still leaning toward the downside.
Crypto exchange Ripple asks the SEC to focus on setting clear regulatory guidance for crypto companies and abandon past enforcement strategies.
XRP is at a pivotal point as it struggles to break above the 50-day Exponential Moving Average (EMA), currently trading around $2.36. This key technical indicator has become a strong resistance level, signaling a potential shift in the assets trajectory.
SEC's decision to drop legal charges against Ripple Labs is a win for XRP and the digital assets market. So, what does this mean?
Ripple's stance highlights the need for clear legislative frameworks in crypto, emphasizing Congress's role over regulatory overreach by agencies. The post Ripple urges SEC to stick to statutes and leave new crypto rules to Congress appeared first on Crypto Briefing.
XRP's ETF prospects rise as SEC signals retreat. Investors eye BlackRock's next move amid legal uncertainty and macro headwinds.
A crypto analyst has predicted that the XRP price could hit $27 soon. He describes the cryptocurrency's current price action as a “ Bermuda Triangle or boredom phase” — a period where the market moves slowly or sideways, fuelling doubt and uncertainty among traders and investors before a price rally.
XRP emerged as a major headliner in the past week as the US Securities and Exchange Commission (SEC) officially dropped its four-year case with Ripple. Notably, this development resulted in a significant demand for XRP as the altcoin surged over 13% to briefly trade at $2.60 on March 20.
In a post on X, Fox Business reporter Charles Gasparino has raised questions about Ripple and its CEO Brad Garlinghouse. According to Gasparino, Garlinghouse may now be worth an estimated $10 billion—yet the firm's financial disclosures remain largely concealed from public view.
Ripple says the SEC has no power over most crypto assets, demands law-first clarity, and celebrates a pivotal legal retreat. Ripple Pressures SEC to Abandon Enforcement Tactics After Key Legal Breakthrough Ripple submitted its response Friday to the U.S.
Due to significant resistance and declining technical indicators, Dogecoin is currently at a pivotal point in its history. A crucial resistance level that could determine DOGE's next market move is difficult for the price to overcome.
XRP's head-and-shoulders pattern may lead to a correction, but strong support levels provide hope.
This week's crypto regulation news includes the SEC ending its Ripple lawsuit, Trump advocating for stablecoin rules, BaFin cracking down on USDe token, and Pakistan exploring crypto legalization to spur economic growth. The post Weekly Crypto Regulation News Roundup: SEC Ends Ripple Case, Trump Calls for Stablecoin Regulation appeared first on Cryptonews.
This week in crypto, the market recorded several significant developments, ranging from a crucial deadline within the Pi Network ecosystem to landmark breaks in Ripple's longstanding legal battle.
The XRP community is concerned about the network's utility as its DEX trading volumes and TVL remain extremely low. Despite XRP's impressive $137 billion market cap, the network recorded only $44,000 in daily DEX trading volume yesterday, raising questions about its overall utility and adoption.
Chris Larsen, the executive chairman of San Francisco-based enterprise blockchain company Ripple, has heaped praise on the space ambitions of fellow co-founder Jed McCaleb, describing them as "big" and "bold."
Ripple (XRP) price tumbled below the $2.40 mark on Friday, down 3% from the $2.6 weekly time frame peak recorded after Trump's appearance at the Blockwork's Digital Asset Summit on Thursday. Market indicators suggest XRP traders are betting on the potential upside from accelerated RUSD adoption amid Trump's call for stablecoin legislation.
Cryptocurrency markets are trading sideways on Friday as Bitcoin consolidates around $84,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,954.58 -0.4% Ethereum (CRYPTO: ETH) $1,972.56 -0.2% Solana (CRYPTO: SOL) $127.92 -0.04% XRP (CRYPTO: XRP) $2.39 -1.6% Dogecoin (CRYPTO: DOGE) $0.1680 -0.7% Shiba Inu (CRYPTO: SHIB) $0.00001261 -1.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.9% and daily active addresses growing by 6.6%.
Ripple has submitted a formal response to the U.S. Securities and Exchange Commission (SEC) following Commissioner Hester Peirce's February 21 request for public input on digital asset classification. The request, titled “There must be some way out of here,” sought constructive feedback to develop clearer standards for cryptocurrency regulation.
The end of the endless legal battle between the SEC and Ripple surprised no one, as investors had already anticipated this withdrawal due to a pro-crypto shift driven by the Trump administration. While the announcement marked the closure of one of the sector's most emblematic legal cases, the markets had already priced in this outcome well before it was officially announced.
Crypto analyst Egrag Crypto has predicted that the XRP price could soon hit a new all-time high (ATH), providing a bullish outlook for the altcoin. This price prediction comes following the SEC's decision to end the Ripple lawsuit, a development that could spark the rally to a new ATH.
Stellar Founder Jed McCaleb has come out to defend some of his early actions as XRP and the XRP Ledger (XRPL) co-founder. Different reactions have trailed the initiative since his space station plan report came to the limelight.
Bitcoin's (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin's price below $87,500.Although the upside is currently restricted, select analysts believe that the downside is limited.
Ripple co-founder Jed McCaleb recently took to the X social media network to speak out about his XRP sales.
