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SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal
23.7.2023
The U.S. Securities and Exchange Commission (SEC) has told a federal court that some portions of the Ripple ruling regarding XRP “were wrongly decided.” The regulator has asked the court to ignore parts of the ruling, noting that “SEC staff is considering the various available...
SEC reviews Ripple ruling, US bill seeks control over DeFi, and more: Hodler’s Digest, July 16-22
22.7.2023
The SEC examines the ruling in the Ripple case, a U.S. Senate bill seeks to regulate DeFi, and the poor performance of altcoins in the second quarter of 2023
Ripple applies for crypto license in the United Kingdom
22.7.2023
Ripple applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA) after its partial win against the U.S. SEC
Ripple CLO Stuart Alderoty States SEC Chair Gary Gensler ‘Misstates the Law’ on Tokens
22.7.2023
Stuart Alderoty, CLO of Ripple, a cryptocurrency and payments services company, railed against the statements of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler given in a recent congressional hearing. Alderoty criticized the stance taken by Gensler, stating that...
SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit
22.7.2023
According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
21.7.2023
This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto
Price analysis 7/21: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
21.7.2023
Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins
Terraform Labs Appoints New CEO While Co-Founder Remains in Jail
21.7.2023
Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleaguered blockchain project. Terraform Labs Finds...
XRP price can fall 40% by September — Fractal analysis
20.7.2023
XRP is currently mirroring a trend from the April-June 2021 that preceded the price falling by 65% in the following months
US law protects institutions and exposes retail investors — Rep. Torres
20.7.2023
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling
No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
19.7.2023
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission's 2024 fiscal budget
XRP Blockchain Still Faces Centralization Caveats as Ripple Regulatory Threat Recedes
19.7.2023
Ripple scored a partial win against the SEC this week that has been cheered on industry-wide. Why does the project itself remain so controversial?
Price analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
19.7.2023
Bitcoin's failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins
Berenberg: Coinbase Earn Faces Significant Regulatory Challenges, Security Classification Risk
19.7.2023
Coinbase’s “Earn” program is particularly vulnerable to regulatory action following the recent ruling in the case between Ripple and the US Securities and Exchange Commission (SEC), a report from investment firm Berenberg Capital has warned.
In the report, the firm said the risk for Coinbase...
Biggest Movers: SOL Snaps Losing Streak as XRP Climbs 5% Higher
19.7.2023
Solana ended a three-day losing streak on Wednesday, as the token moved back above the $26.00 mark. The decline came following Friday’s move above $32.00, which took the price to an eight-month high. XRP has also rebounded today, and looks to be heading for its recent high over $0.9400....
SEC vs. Ripple: Huge win for crypto
19.7.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypto market
SEC Urged to Abandon Crypto 'Crusade' by Congressman Torres After Ripple Legal Battle
19.7.2023
Congressman Ritchie Torres has asked the US Securities and Exchange Commission to provide clear rules for crypto instead of “indiscriminately” treating the majority of crypto assets as securities under its purview.
On Tuesday, Torres penned an open letter to SEC Chairman Gary Gensler, expressing...
XRP Price Prediction as Ripple Shoots Up 6% in 24 Hours – Can XRP Hit $1?
19.7.2023
The XRP price has risen by 6% in the past 24 hours, climbing to $0.780764 as the cryptocurrency market as a whole barely moves within the same space of time.
XRP is now up by 65% in the last seven days and by 120% in the last 12 months, driven by the positive ruling Ripple saw in its legal battle...
XRP Futures Set Open Interest Record High for 2023
19.7.2023
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours
Ripple Expects Business to Pick Up in the US After Landmark Ruling
19.7.2023
Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes...