The ongoing SEC vs Ripple saga had no new updates over the weekend, and the XRP community of holders watched and waited as experts analyzed where the
SEC vs Ripple, the legal battle intensifies as XRP holders expect new changes from SEC appealExperts in the crypto and XRP community utilized the weekend to analyze the news of SEC’s motion for interlocutory appeal being accepted by the court. As both parties prepare to file new motions and responses by the scheduled deadlines, experts note the shift in the regulator’s stance.
The SEC had initially maintained that XRP, the native token of XRPLedger, is a “digital asset security,” in its lawsuit against Ripple. The regulator states that digital assets have no inherent value and are nothing more than computer code in its latest filing. In its filing, the SEC reveals that the regulator did not argue that the asset underlying the investment contract was necessarily a security and it does not seek an appellate review of any holding relevant to the same in its case against Ripple.The interpretation of the SEC’s stance by Fox Business reporter Eleanor Terrett and pro-XRP attorney John Deaton ushers relief in the community of XRP holders.
With no new filings from the SEC or Ripple over the weekend, XRP price recovered from its decline and climbed past resistance at $0.55. At the time of writing, the altcoin is trading at $0.5291 onWhat is Ripple? Ripple is a payments company that specializes in cross-border remittance. The company does this by leveraging blockchain technology. RippleNet is a network used for payments transfer created by Ripple Labs Inc. and is open to financial institutions worldwide. The company also leverages the XRP token.XRP is the native token of the decentralized blockchain XRPLedger.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Ripple CTO clarifies on SEC appeal, spotlights case complexityRipple's CTO highlights the SEC appeal, citing the ongoing case's complexity. Appeals' efficiency is debated. Judge's ruling on XRP is pivotal.
Consulte Mais informação »
Investors bet on Stellar’s XLM as SEC comes with a vengeance on Ripple’s XRP tokenThe SEC vs. Ripple lawsuit reached a temporary conclusion on July 13, with a partial win for Ripple. As a result, XRP price rallied 100%. But now that
Consulte Mais informação »
XRP Bulls Need This Important Move to Spring to ActionXRP revival is dependent on motivation of its buyers, which is also subject to trends in ongoing Ripple v. SEC lawsuit
Consulte Mais informação »
XRP's 50 EMA Support Level Successfully Holds UpXRP successfully withholds current surge in selling pressure and maintains at admirable price level
Consulte Mais informação »
Full XRP Support and Reserves Confirmed by Major Platform's CEOUphold CEO Simon McLoughlin voices strong support for XRP amid recent price drop
Consulte Mais informação »
XRP Outperforms Shiba Inu, Ethereum and Cardano with 10% Price SpikeYet, XRP's recent achievements come against a backdrop of legal uncertainties and a turbulent month where it underperformed many of its peers
Consulte Mais informação »