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Showing posts with the label regulatory body

Ripple v. SEC case: The final verdict

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The longstanding Ripple v. SEC case appears to be over, per Ripple Labs Chief Executive Officer Brad Garlinghouse. After an appeal against the original 2023 ruling in Ripple’s favor that went on to proceed at a truly glacial pace, the legal battle is now over, per the CEO’s March 19 X post. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let’s build. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let's build. pic.twitter.com/7WsD0C92Cm — Brad Garlinghouse (@bgarlinghouse) March 19, 2025 In the immediate aftermath of the announcement, XRP prices surged from $2.31 to $2.55. By press time on March 20, the digital asset’s price had receded back to $2.45, bringing year-to-date (YTD) returns to 15.61%. ...

Here’s when XRP could reach $15, according to analyst

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XRP spent most of 2024 trading sideways. However, it was one of the biggest beneficiaries of the bull run that kicked off in November. At first, 2025 seemed to be off to a good start for the token — however, momentum has shifted as of late.  Looking back, since the beginning of the year, XRP has seen prices increase by 17.91%. The current week-long stall in XRP price action seems set to continue. In the last 7 days, the cryptocurrency has shed 0.23% in value, while marking a 1.07% increase in price on the daily chart. At press time, XRP was changing hands for $2.45. XRP price year-to-date (YTD) and 1-week charts. Source: Finbold Despite these recent struggles, analysts are generally confident that the digital asset still has room to grow. Ripple Labs’ longstanding lawsuit with the Securities and Exchange Commission could be nearing a conclusion, as shakeups at the regulatory body will likely lead to a more favorable stance toward cryptocurrencies. One technical ana...