What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said. Original Source
Read MoreCoinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said. Original Source
Read More“Large capital pools have been reticent to engage in the industry with unclear rules of the road, while the related overhang has also slowed innovation, adoption, and just overall crypto ecosystem valuation, in our opinion — accelerating as regulatory actions heated up over the past year,” analysts wrote. Source
Read MoreThe U.S. district court ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales is positive for Coinbase (COIN) shares since it sets a precedent that token sales through exchanges, at least in the case of XRP, did not violate
Read MoreRipple’s XRP has surpassed Binance’s BNB token to become the world's four-largest digital asset by market cap after its 66% post-court ruling advance brought its valuation to $41.44 billion, according to CryptoX data. BNB – which rallied 6.5% in wake of the court ruling – now has a market cap
Read MoreRipple (XRP) has now become the fourth largest cryptocurrency by market capitalization after Ripple Labs’ partial victory over the Securities and Exchange Commission (SEC) on July 13. Mere hours after the ruling, XRP market cap surged a whopping $21.2 billion to reach a new yearly high of $46.1 billion, pushing it up
Read MoreIn a landmark ruling, a US judge has declared that Ripple’s XRP is not a security, ending a long-standing legal battle with the Securities and Exchange Commission (SEC). This decision has sent shockwaves through the cryptocurrency market, with XRP’s price soaring by over 78% in the last 24 hours to
Read MoreXRP climbed as high as 64 cents at one point, its highest level since May. Source
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Nium, a Ripple partner valued at $2 billion, is gearing up for a momentous move as it unveils plans to go public in the United States. Bloomberg reports that Nium Pte, a Singapore-based fintech firm, has
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Brad Garlinghouse, the CEO of Ripple, has expressed his anticipation for the upcoming release of the Hinman documents, hinting at potential positive implications for the legal status of XRP. The documents are scheduled to be
Read MoreRipple’s chief legal officer Stuart Alderoty has called for an investigation into the motivations that led to former SEC official William Hinman delivering his now-infamous speech in 2018.Alderoty’s demand for an investigation came as part of a June 13 Twitter thread following the public release of the Hinman documents. The
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