The longstanding Ripple v. SEC case appears to be over, per Ripple Labs Chief Executive Officer Brad Garlinghouse.
The U.S. Securities and Exchange Commission (SEC) case against Ripple has ended, marking the latest of several enforcement actions that have been abandoned. Ripple CEO Brad Garlinghouse revealed in a tweet Wednesday that the SEC has dropped the landmark crypto case.
Crypto analyst Egrag Crypto has discussed the possibility of the XRP price witnessing another corrective move. He revealed the price level that XRP needs to stay above to avoid further downside pressure and rally to the upside.
According to derivatives cryptocurrency exchange Deribit, XRP options traders are currently piling into the March 28 expiry.
XRP witnessed a solid price increase after the breaking news, but is there more room for growth?
Yesterday, March 19, will definitely be remembered as a remarkable moment for the cryptocurrency market, as it was officially announced that the SEC will drop its appeal against Ripple.
Ripple CEO Brad Garlinghouse recently made a bold prediction about Ripple's stablecoin, RLUSD. In an interview with Bloomberg Television on Wednesday, Garlinghouse says he expects RLUSD to be one of the top five stablecoins by the end of the year, with the stablecoin sector poised for massive expansion.
In an interview with Bloomberg, Ripple CEO Brad Garlinghouse discussed the conclusion of Ripple's lawsuit with the US Securities and Exchange Commission (SEC), as well as the company's strategic outlook. Garlinghouse touched on everything from a potential IPO to the possibility of XRP playing a role in the new US Crypto Stockpile.
XRP remains a focal point of almost every discussion in the crypto space in recent days, weeks and months and, as it seems - looking at the price chart of the third biggest cryptocurrency, it will not make major news headlines anytime soon.
XRP (CRYPTO: XRP) is up 8.3% over the last seven days, outperforming other leading cryptocurrencies. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.48 $144.3 billion +6.9% +7.9% Bitcoin (CRYPTO: BTC) $85,242.99 $1.69 trillion +1.9% +2.9% Ethereum (CRYPTO: ETH) $1,992.23 $240.4 billion -0.5% +5.2% Trader Notes: In an X post on March 20, crypto trader CrediBULL Crypto highlighted his game plan for XRP.
Ripple is celebrating the United States Securities and Exchange Commission's (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry. The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP.
Bitcoin edged higher on March 20, 2025 as an injection of optimism helped several altcoins higher. XRP, Uniswap (UNI), and Bonk (BONK) are all seeing notable gains, leading the top 100 by market cap. Meanwhile, BNB Chain tokens are also rising following Binance's vote-to-list announcement on Wednesday.
XRP price has recorded a surge of over 6% today, hovering around the $2.5 mark amid a broader crypto market recovery. Amid this, a renowned market expert has predicted a potential rally to $38 for Ripple's native asset, citing technical and historical trends.
XRP has plunged 20% over the past two months, now trading at $2.45. However, large investors continue to accumulate the token, suggesting confidence in its long-term potential.
Bitcoin surged 3% to $85,775.5 by 01:56 ET (05:56 GMT) on Thursday, extending gains as investor sentiment improved after the Federal Reserve reaffirmed its plan to cut interest rates by 50 basis points this year. The Fed kept rates unchanged and acknowledged economic uncertainty under President Donald Trumps trade policies, boosting risk assets.
Ripple CEO Brad Garlinghouse is optimistic about XRPs future, predicting its inclusion in the U.S. governments proposed digital asset stockpile and the launch of an XRP exchange-traded fund (ETF) by late 2025. Speaking with Bloomberg, Garlinghouse cited President Donald Trumps executive order, which outlines a strategic crypto reserve that may include XRP.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices rose modestly on Thursday after Jerome Powell's transitory statement on inflation. BTC price retested the important resistance at $86,000, while ETH rose to $2,000 and XRP price hit $2.5.
There has been a comprehensive recovery in the digital currency ecosystem, with the XRP price in the spotlight. The coin triggered a broader market rally on March 19 after the United States Securities and Exchange Commission (SEC) ended its lawsuit against Ripple Labs.
The battle between Ripple and the SEC lasted four years, plunging the crypto market into increasing uncertainty. Thus, investors remained skeptical, while XRP faced constant pressure on its legitimacy.
It seems to be the season for dropping crypto lawsuits. After 5 years of going after Ripple like a dog in heat, the Securities and Exchange Commission (SEC) has suddenly dropped their lawsuit against Ripple.
Following the U.S. Federal Reserve's FOMC meeting the crypto market demonstrates a new upward trend. Interest rate maintenance by the Fed resulted in increased pricing across most cryptocurrency markets.
XRP price has a strong underlying upside sentiment following the SEC's withdrawal of its case against Ripple Labs. But there's more to come.
The withdrawal of the US SEC's appeal against Ripple has marked a pivotal shift in the legal dynamics surrounding the cryptocurrency.
Ripple CEO Brad Garlinghouse announced ambitious plans for 2025, including a potential IPO for Ripple Labs and a flood of XRP ETF filings coming in H2.
A prominent Wall Street figure, Linda P. Jones, has sparked excitement in the cryptocurrency world by supporting the XRP Milkshake Theory.
The lawsuit's "bad stuff" is over, but it remains ongoing, one popular lawyer claimed.
The crypto exchange has voluntarily dismissed its case against the SEC, citing improvements in regulatory clarity.
Three different situations, of which only one is similar to Bitcoin.
The crypto markets were consolidating ahead of the FOMC but no sooner than the rates remained unchanged, the tokens gained strength. Moreover, the crypto space rejoiced when the Ripple CEO, Brad Gardlinghouse, announced the end of an ongoing lawsuit with the SEC.
Expectedly, XRP is the top performer today from the larger-cap alts.
XRP price surged 14% to $2.55 after the SEC dropped its appeal against Ripple, while whale accumulation and increasing network activity suggest growing market confidence.
Ripple's SEC victory sets a new precedent as Trump backs Bitcoin's national strategy. Will Bitcoin break $90K amid regulatory clarity? Read the full analysis. The post Ripple's $125M Appeal & Trump's Bitcoin Move: Will BTC Hit $90K Next? appeared first on Cryptonews.
Bitcoin and the broader crypto market suddenly gained momentum after the March 19 US Federal Open Market Committee meeting.
The SEC has decided to drop its lawsuit against Ripple Labs, marking a significant shift in the long-running legal battle.
XRP price bounced by more than 15% yesterday after CEO Brad Garlinghouse confirmed that the SEC will dismiss its appeal in the Ripple case. The end of this lawsuit has caused positive sentiment towards XRP, with traders anticipating rising adoption from banks and pro-crypto financial institutions like MicroStrategy.
The US Securities and Exchange Commission (SEC) has officially dropped its case and appeal against Ripple, a cryptocurrency company, after nearly four years of legal battles.
Ripple Labs-backed XRP led in the mild cryptocurrency rebound in the past 24 hours following the regulatory clarity from the U.S. SEC. The large-cap altcoin, with a fully diluted valuation of about $246 billion and a 24-hour average trading volume of about $10.5 billion, pumped over 7.
In the latest XRP news update, legal expert Bill Morgan highlighted the Ripple coin's rally amid CEO Brad Garlinghouse's crucial statement. The Ripple CEO recently stated that the US Securities and Exchange Commission (SEC) will drop its appeal in the Ripple Vs SEC case.
The recent price fluctuations of XRP have placed the asset at a complicated point. With the recent successful conclusion of the ongoing legal dispute between Ripple and the SEC, XRP now has no fundamental reasons that would hold it back.
In what some would consider an unexpected move, Brad Garlinghouse, CEO of digital asset firm Ripple Labs and majority holder of the XRP cryptocurrency, cleared the air about his position on bitcoin ( BTC). “I first bought bitcoin in 2012 coming out of an event when I was first introduced to it,” Garlinghouse explained.
Ripple CEO Brad Garlinghouse has confirmed the resolution of the lawsuit against the SEC on March 19.
XRP jumped as high as 12% before paring gains, as closely-related Ripple Labs ended its long-standing battle with the U.S. Securities and Exchange Commission (SEC), stating Wednesday that the case had “come to an end.”
The Federal Open Market Committee's (FOMC) decision to keep interest rates unchanged at its March 19 meeting has had a positive effect on crypto markets. Bitcoin (BTC) surged by 3% in the last 24 hours, while Ethereum (ETH) and XRP recorded gains of 3.9% and 7% in the same period, respectively.
Launched on December 3 on the XRPL blockchain, PHNIX has experienced incredible growth in just under two months. Despite challenging market conditions, its market cap has surged, capturing the attention of the broader crypto community.
The crypto markets appear to have revoked the prevailing bearish influence that circulated due to the uncertainties surrounding geopolitical factors. However, the unchanged inflation rates and the positive comments of the Fed Chair have reinstated confidence among the market participants.
XRP is back in action, breaking past $2.50 with a 14% surge as whales continue accumulating, now holding a massive 46.4 billion XRP. Network activity exploded in March, with six times more unique wallets engaging on the blockchain. The momentum comes after the SEC officially dropped its appeal against Ripple, marking a major legal victory.
SEC VS Ripple: The final clap! The American crypto regulator drops its lawsuit against Ripple.
XRP charted a two-week peak yesterday, but is it time to sell-off?