In cryptocurrencies, XRP stood out on Wednesday, rising 11% to a two-week high of $2.50, after the CEO Ripple Labs said the SEC was dropping its appeal into a long-running case against the company. Brad Garlinghouse said in a tweet on X that the US financial regulator "will drop its appeal" over the case against Ripple Labs.
The lawsuit of the US Securities and Exchange Commission against Ripple, Inc. is ended, announced the project's founder Brad Garlinghouse. XRP rallied above $2.55, with an expectation of returning to its all-time high.
XRP shoots up 12% while speculations regarding case closure paint a bright picture for believers in the OG chain's value.
XRP has formed support at $2.30 as investors have traded the asset actively in the last 24 hours. Unlike earlier in the month, XRP's bearish volatility appears to be thinning out, emphasizing recovery.
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XRP, the fourth largest cryptocurrency by market capitalization, surged almost 14% in an instant after the U.S. Securities and Exchange Commission (SEC) decided to drop its appeal in the ongoing lawsuit against Ripple. This unexpected development has ignited bullish momentum for the XRP price.
After more than three years of litigation, the United States Securities and Exchange Commission (SEC) will drop the case against Ripple Labs. According to Brad Garlinghouse, the CEO of Ripple Labs, the U.S. SEC will drop its appeal, which was filed to dispute the 2023 ruling by Judge Analisa Torres.
The U.S. Securities and Exchange Commission will drop its appeal against Ripple Labs, the crypto firm's CEO Brad Garlinghouse said in a post on social media platform X.
Ripple has secured a decisive victory in its long-running legal battle with the US Securities and Exchange Commission (SEC). On March 19, Ripple CEO Brad Garlinghouse confirmed that the regulator had dropped its appeal against the blockchain company, marking a significant win for Ripple and the broader crypto industry.
Ripple CEO Brad Garlinghouse confirmed that the U.S. Securities and Exchange Commission will not pursue further appeals in its long-running case against the company, marking the end of a four-year legal battle. What Happened: "The case is over," Garlinghouse announced, describing the outcome as a "victory" and labeling the SEC's lawsuit as a failed attempt to stifle the crypto industry.
TL;DR The legal battle between the SEC and Ripple has come to an end, marking a historic victory for the crypto industry and setting a key regulatory precedent in the U.S. XRP is not considered a security, reinforcing the legitimacy of digital assets and their trade without excessive regulatory restrictions.
In a significant development for the cryptocurrency industry, Ripple Labs CEO Brad Garlinghouse announced that the US Securities and Exchange Commission (SEC) has officially dropped its case against the blockchain payments company.
The long-running legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. In a big move, the SEC has withdrawn its appeal, marking a major victory for Ripple and the broader cryptocurrency industry.
In 2020, the SEC accused Ripple of raising $1.3 billion through the sale of XRP, which it claims is an unregistered security.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
Ripple CEO Brad Garlinghouse announced on March 19, 2025, that the U.S. Securities and Exchange Commission has officially dropped its high-profile lawsuit against the blockchain company over XRP sales.
XRP could be preparing for a major price increase after hitting its lowest point of $1.90 on March 11, according to crypto analyst Steph. The digital currency, which is now trading at $2.29 following a 2.5% drop today, shows technical signs that might signal the end of its recent price decline.
Ripple CEO Brad Garlinghouse has announced that the U.S. Securities and Exchange Commission is dropping its appeal in the long-running legal battle over XRP.
The United States Securities and Exchange Commission's multi-year enforcement action against Ripple is finally coming to an end, according to the company CEO.“This is it — the moment we've been waiting for.
Earlier reports said that the long-standing legal battle between Ripple and the agency is nearing its end.
Cryptocurrency exchange LMAX Digital has become the latest major cryptocurrency platform to list the Ripple USD (RLUSD) stablecoin, according to a Wednesday announcement.
"I'm finally able to announce that this case has ended. It's over," Garlinghouse said in a video shared on his X account.
In a landmark decision, the SEC has officially dropped its appeal and lawsuit against Ripple Labs, as announced by Ripple CEO Brad Garlinghouse.
XRP exploded above $2.5 immediately after the announcement.
After more than four years of legal battles, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple Labs (pending vote of the commission). The case, which was filed in December 2020, accused Ripple of conducting an unregistered securities offering by selling XRP, a digital asset created by the company.
As just became known, the SEC will drop its appeal against Ripple, the San Francisco-based company that leverages the XRP cryptocurrency in it operations. According to an announcement made by Ripple CEO Brad Garlinghouse on X, this is the moment the company have been waiting for, and the drop of the appeal is a resounding victory for Ripple, and for crypto.
In a massive development for the crypto industry, the US Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against Ripple. The firm's CEO, Brad Garlinghouse, made this revelation about the Ripple lawsuit, which has sparked a massive surge in the XRP price.
Ripple's legal victory may catalyze regulatory clarity and foster a more favorable environment for the crypto industry in the US. The post SEC is dropping Ripple lawsuit: CEO Brad Garlinghouse appeared first on Crypto Briefing.
Ripple's CEO – Brad Garlinghouse took to X earlier today to announce that the US
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XRP's funding rates remain negative, signaling bearish market sentiment. If this trend persists, XRP's price may face further downside.
Here are the most important updates for Ripple from the past couple of days.
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Can XRP price reach $10 and break past key resistance levels? What will happen to the crypto market after the FOMC meeting today?
The ongoing XRP price consolidation will likely end soon due to two catalysts – the recent spike in active addresses and the DC Blockchain Summit. Could these two events trigger a production of higher lows that push the token to bounce and tag the $3 psychological level?
XRP's resistance from the simple moving averages opposed its bullish efforts.
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US President Donald Trump caused a major stir in the crypto markets in early March when he announced on X that the US would establish a crypto reserve that would include XRP (XRP), Bitcoin (BTC) and other major altcoins. The post XRP's Role in the US Digital Asset Stockpile – Is a 500% Surge Next? appeared first on Cryptonews.
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