How Ripple’s big win in court correlates with XRP’s 113% rally
The bulls ride again on XRP’s side, as the token breaks about $1. On the legal subject, things seem to be going well for Ripple’s corner as rumors of an SEC settlement grow louder. Back in December, the Commission hit Ripple Labs, executive Brad Garlinghouse, and Chris Larsen with a lawsuit for the alleged illegal […]
Related News
Ripple’s XRP has gained new recognition in the financial sector after Teucrium CEO Sal Gilbertie praised it as the cryptocurrency with the strongest real-world utility. His remarks emphasized Ripple’s professionalism, XRP’s use case, and the company’s commitment to building a lasting financial infrastructure. XRP Framed As The Coin With The Strongest Use Case Crypto analyst […]
Crypto pundit Pumpius is drawing attention to what he calls the “XRP Endgame,” saying all the key pieces are falling into place for Ripple and its token. According to him, these shifts put XRP in a rare position to rise above other digital assets. Global rules and banking standards are also moving in Ripple’s favor at the same time. Pundit: Institutional Rails And Legal Clarity Cement XRP’s Role Pumpius stresses that Ripple’s victory in its long fight with the SEC is not just a legal win but a turning point. After years in court, XRP now has the strongest legal clarity of any....
Crypto analyst Vincent has given reasons why the XRP price could rally to as high as $10,000 at some point. This comes amid the recent XRP rally, with the crypto now targeting its current all-time high (ATH) of $3.8. Why The XRP Price Can Reach $10,000 In an X post, Vincent revealed that he had consulted with ChatGPT, and the AI chatbot had told him that the XRP price could easily reach $10,000 per coin. XRP’s market cap is one reason that has been used as an argument as to why the crypto can’t achieve such a price level. The analyst stated that ChatGPT also invalidated the market cap....
We will soon know if Ripple’s executives were warned of the possibility of an SEC lawsuit ahead of XRP’s launch. Ripple’s court battle with the United States Securities and Exchange Commission has recently seen new developments that, according to some observers, could foreshadow an impending resolution of this massively consequential case. Feb. 17 marks the deadline for Ripple to unseal a series of 2012 documents whose contents will likely sway the opinions of both the court and the public toward either one side or another. In another plot twist, the court’s decision to treat some of the....
Ripple’s legal battle with U.S. regulators continues. Ripple has scored another win in its ongoing legal battle against the United States Securities and Exchange Commission as the court has denied the SEC access to Ripple’s legal advice.Magistrate Judge Sarah Netburn of the District Court for the Southern District of New York ruled Sunday to deny the SEC’s motion to compel Ripple to produce memos discussing XRP sales with the firm’s lawyers.According to the SEC, Ripple could have been aware that XRP could be a security from its legal advisors before moving forward with its token sale back....