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news-imageFebruary 5, 2025

XRP Lawsuit: US SEC Reassigns Crypto Litigator, What This Means?

The U.S. Securities and Exchange Commission (SEC) has reassigned one of its top crypto litigators, Jorge Tenreiro, to its IT department. This move follows recent changes in the agency's stance on cryptocurrency regulation under the leadership of Acting Chairman Mark Uyeda.
Publisher: Coingape
Sentiment: Neutral
XRP

More News Articles

Negative
cover-imageThe Currency Analytics
February 5, 2025

XRP Lawsuit: Ripple CLO Remains Hopeful Amid Legal Struggles

Ripple Labs is still in the midst of its long-running legal battle with the U.S. Securities and Exchange Commission (SEC), which has drawn significant attention within the crypto world. The lawsuit, which began in 2020, revolves around allegations that Ripple failed to register its XRP token as a security with the SEC.

Positive
cover-imageThe Currency Analytics
February 5, 2025

XRP Rebounds 20%, Faces Key Resistance at $2.62 to Target $3.03

XRP, the cryptocurrency associated with Ripple, has shown a strong 20% rebound in the past 24 hours, reaching $2.57 despite facing significant selling pressure. While this recovery is notable, XRP continues to battle volatility, driven by ongoing concerns surrounding market conditions and whale activity.

Negative
cover-imageUToday
February 5, 2025

XRP Dives Below Key Support First Time in 6 Months

Concerns have been raised that XRP's remarkable bull run may be coming to an end after it recently broke a crucial six-month support level. Following weeks of turbulence, XRP has fallen below $2.62, which served as a solid support level during its upward trajectory.

Positive
cover-imageCoinPedia
February 5, 2025

Ripple Leads the Charge in US Crypto Regulation Reform

Under Trump's leadership, Ripple's CEO, Brad Garlinghouse, is excited about the recent changes happening in the U.S. crypto market, calling them a “big deal.” His excitement follows David Sacks, the U.S. Crypto Czar, pushing for clearer rules and regulations for cryptocurrencies like Bitcoin and XRP.

Negative
cover-imageCrypto Economy
February 5, 2025

Ripple Investigates XRP Ledger Halt as Consensus Issues Arise

TL;DR Ripple's XRP Ledger experienced a 64-minute network halt on February 4, due to consensus issues, affecting approximately 88,000 transactions. Validator operators manually intervened to resume operations, but it remains unclear if the network self-healed or if the intervention directly resolved the issue.

Positive
cover-imageNewsBTC
February 5, 2025

XRP To Hit $8 In The ‘Upcoming Days,' Predicts Crypto Analyst

Crypto analyst Dark Defender (@DefendDark) has released an updated technical chart that indicates XRP could be on track to reach the long-anticipated $8 price level in the “upcoming days.” The chart, shared on X yesterday, depicts an Elliott Wave structure complete with clearly defined support and resistance levels, along with a noteworthy correction currently taking place below the $3 price zone.

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