Ripple (XRP) has gotten a breather in its ongoing legal battle with the US Securities and Exchange Commission (SEC), following the decision by District Judge Analisa Torres to allow XRP holders to intervene in the case. According to recent reports, about 6,000 XRP holders petitioned to participate in the ongoing court case between Ripple Labs […]
Jeremy Hogan, a partner at Hogan & Hogan law firm, recently noted that new comments from a magistrate judge in the United States District Court for the Southern District of New York were in favor of Ripple Labs in its ongoing case with the US Securities and Exchange Commission (SEC). According to a transcript of […]
The hashtag #relistXRP continues to trend on Twitter and other social media platforms and is currently driving XRP prices higher. At press time, XRP is trading up by 15%, around $0.6000. Following last week’s discovery hearing in the case between the Securities and Exchange Commission (SEC) and Ripple Labs, which produced two “surprise sensations” in […]
Key Resistance Levels: $0.65, $0.70, $0.75Key Support Levels: $0.45, $0.40, $0.35 XRP/USD Long-term Trend: BullishToday, the bulls are retesting the resistance at $0.48 to push on the upside. Yesterday, the price spike rallied to the $0.52 high but the bears push XRP to the range-bound zone. The altcoin upward move has been restricted between $0.43 […]
Ripple has finally issued an official retort to the allegations mounted against it by the US Securities and Exchange Commission (SEC) over the alleged illegal sale of XRP. According to an official document dated March 4 in the United States District Court for the Southern District of New York, Ripple Labs has vehemently denied the […]
Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen have just appealed to Judge Analisa Torres in two separate motions to dismiss the US SEC’s amended complaint against Ripple Labs and its executives. Attorneys representing Garlinghouse stated in the letter that the suit by the SEC against Ripple was just a “regulatory overreach.” The attorneys argued […]
MoneyGram has gotten slammed with a class-action lawsuit for allegedly misleading investors with Ripple (XRP) sales. Rosen Law Firm announced that it is filing a class-action lawsuit against the payments solution company on behalf of investors who bought MoneyGram securities in 2019. The law firm noted that investors who bought MoneyGram shares between June 17, […]
XRP/USD Market February 02 Should the Bears break down the support level at $0.39, then, $0.28 and $0.21 price level may be tested. In case the support level of $0.39 hold, the price may bounce and face the resistance level of $0.49, $0.63 and $0.73. XRP/USD Market Key Levels: Resistance levels: $0.49, $0.63, $0.73 Support […]
The United States Securities and Exchange Commission (SEC) has filed an amended complaint towards Ripple, alleging that it willfully misled investors with XRP. The amended complaint got filed just a few days before the pretrial hearing between the SEC and Ripple, which began on February 22. While it originally accused Ripple Labs and its top […]
