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%.

Ripple's Chief Legal Officer announced today that its XRP lawsuit with the SEC is approaching the final legal phase. The SEC will keep $50 million from the previous $125 million fine and return the rest to Ripple.

Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.

Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company's chief legal officer said on Tuesday.

Ripple has agreed to pay the US Securities and Exchange Commission (SEC) a $50 million penalty and drop its cross-appeal in the regulator's lawsuit. In exchange, the SEC will ask for the lifting of an injunction that prohibits Ripple from selling XRP to institutions.

Ripple has dropped its appeal against the U.S. Securities and Exchange Commission after paying $50 million of the $125 million penalty tied to its long-running lawsuit, according to a detailed statement posted by Stuart Alderoty, Ripple's Chief Legal Officer. The remaining $75 million—held in an interest-bearing escrow account—is being returned to the company.

XRP trading activity remained subdued on Tuesday, holding steady after opening the week around $2.47.

Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally.

Either chain's integration to SWIFT ecosystem would open doors to a gigantic $150T market & instant bank payments.

Ripple has agreed to drop its appeal against the U.S. Securities and Exchange Commission, according to Ripple chief legal officer Stuart Alderoty.

Ripple's legal battle with the SEC is finally over! The crypto giant has dropped its cross-appeal, marking the official end of the case. The SEC will keep $50 million, and Ripple gets back $75 million from the $125 million fine.

Ripple has decided not to cross-appeal, the firm's chief legal officer said, bringing the SEC's case quickly to a close.

Blockchain firm Ripple Labs' case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to court approval.According to a March 25 X post from chief legal officer Stuart Alderoty claiming what could be “the last update on SEC v. Ripple ever,” the executive said Ripple will drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit.

The settlement's conclusion may set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post SEC vs Ripple set to end as $50M settlement and dropped appeals clear final steps appeared first on Crypto Briefing.

Ripple's CLO informed that the company will pay a minor fine.

Ripple has dropped its cross-appeal against the US Securities and Exchange Commission (SEC) following the latter's decision to drop its case against the crypto firm last week. The firm's Chief Legal Officer (CLO), Stuart Alderoty, also revealed what will happen with the $125 million penalty the Court awarded against them.

Ripple will pay $50 million of the original $125 million fine, with the remainder returned from escrow.

Stuart Alderoty, chief legal officer at Ripple, has announced that the company's long-lasting legal battle with the U.S. Securities and Exchange Commission is finally over after more than four years.

A cryptocurrency researcher has come forth with a bold and troubling claim — dubbing XRP the ‘biggest financial scam the world has ever seen'.

Ripple CEO Brad Garlinghouse said the SEC has finally pulled the plug on a four-year legal fight.

The crypto market lost momentum on Tuesday, with Bitcoin price pulling back from this week's high of $89,000. Other altcoins like Ethereum (ETH) and Ripple (XRP) remained in a tight range.

XRP price has risen by more than 4 percent in the last week but faces resistance at $2.47. What will it take to break above that barrier?

The cryptocurrency price prediction today, March 25, is bullish after the US stock market recorded its best trading day in history after adding more than $1.5 trillion. These gains coincided with a recovery across the cryptocurrency market with Bitcoin price reaching a two-week high above $88,000.

XRP has dipped by 1.5% in the past 24 hours, yet the possibility of Ripple's IPO could send it flying to new highs later this year. The post Will Ripple's IPO Launch Spark an XRP Breakout? Key Price Levels to Watch appeared first on Cryptonews.

There is something about April that XRP just can't shake - a stubborn, almost predictable slump that keeps repeating no matter how optimistic the broader averages look on paper. March did its part, delivering yet another positive close like clockwork, the third in a row, right in line with historical expectations.

XRP has stalled this week even after Ripple CEO Brad Garlinghouse shared his views on how Ripple will compete with SWIFT. Ripple (XRP) was trading at $2.40 on Tuesday, holding steady over the past few days.

XRP is once again at a crucial juncture as it attempts to break above the daily 50-day Simple Moving Average (SMA).

This new addition builds on the company's existing acceptance of $ETH and $BTC. This will allow customers from Open House to use a wider range of digital assets to purchase property.

XRP's recent rally, partly driven by news of the Ripple case conclusion, continues to push the asset to new highs, potentially shaking up the cryptocurrency rankings by market capitalization.

XRP price has traded near the flatline today, consolidating near the $2.4 mark, but experts remained bullish on the future trajectory of the coin. In a recent analysis, a top expert has set a “conservative” target of $15 for Ripple's native asset, sparking market discussions.

The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.

The crypto market demonstrates moderate price rebound patterns toward the end of Q1 2023. The Bitcoin value remains stable at $87K but alternate cryptocurrency prices demonstrate convincing upward price action.

Even though there has been a discernible decline in on-chain activity, XRP is demonstrating resilience as the price remains stable above important moving averages. XRP has slightly decreased by 0.43% over the past day, and it is currently trading at $2.43.

Story Highlights The XRP Price LIVE: . The price could hit a high of $3.99 in 2025. XRP Price Today: XRP value has dropped 0.59% in 24 hours to $2.44. In the latest update, the U.S. SEC dropped its lawsuit against Ripple Labs.

Here are the latest developments around Ripple and its native token.

After a decisive legal victory against the SEC, XRP, Ripple's cryptocurrency, is experiencing a meteoric rise. This advancement has propelled its price and rekindled the hopes of investors betting on a bright future for blockchain.

XRP is riding a wave of renewed optimism as its price hovers at $2.45.

XRP remains stuck around the $2 level, with experts issuing warnings of restricted near-term growth prospects. According to recent analysis, the digital currency is going through a phase of uncommon stability that has investors speculating about its next step.

XRP's price struggles to build momentum on the SEC news, with key indicators warning of a bearish shift in trend.

The recovery in the digital currency ecosystem took a minor twist as most buyers cooled off, which has triggered mild liquidations for altcoins like Dogecoin (DOGE) and XRP. At the time of writing, CoinGlass data shows that Dogecoin currently has a bigger liquidation figure than XRP, a sign of over-leverage for the meme coin.

XRP price can register a massive rally this week amid reports that the US Securities and Exchange Commission (SEC) will vote on closing the Ripple lawsuit on March 27. The end of this case will also put Ripple's IPO plans in motion as the company seeks to be publicly listed in the US.

Jimmy Vallee, founder of Valhil Capital, is pushing for a massive $500 billion restitution for XRP holders. This push comes in response to the U.S. Securities and Exchange Commission's (SEC) 2020 lawsuit against Ripple, which alleged that XRP sales were unregistered securities offerings.

Ripple is struggling with the critical 100-day moving average, experiencing low volatility. However, the price action remains decisive, as a breakout or rejection at this level is likely to trigger a significant move.

Ripple CEO Brad Garlinghouse confirmed in an interview with FOX Business that financial institutions, particularly banks, are increasing their engagement with Ripple and XRP following the US Securities and Exchange Commission's (SEC) decision to end its investigation into the company.

XRP's price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity.

XRP shows promising signs for a potential breakout above $2.50, with technical patterns, reduced legal risks, and ETF speculation fueling bullish sentiment.