Ripple (XRP)
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Cryptocurrency
A Look at Gary Gensler’s Postponement Strategies and Revised Schedule
The SEC vs. Ripple Labs: Ongoing Legal Battle The ongoing legal confrontation between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has reached a pivotal stage. Recently, the SEC has formally sought an extension for the submission of its principal brief, moving the deadline to January 15, 2025. Legal expert Fred Rispoli suggests that the SEC’s frequent requests for extensions are not merely tactics to delay proceedings; rather,…
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Cryptocurrency
Legal Specialist Suggests SEC Still Holds Advantage, Yet There’s a Catch
Introduction to Ripple’s Legal Challenge Ripple has recently taken a bold step by submitting its civil appeal pre-argument statement, commonly known as Form C. This move has sparked widespread curiosity, particularly around the interpretation of the term “investment contract” under Section Five of the Securities Act of 1993. The crux of the matter lies in whether such a contract must encompass essential elements that impose ongoing obligations on the seller…
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Cryptocurrency
Ripple Update: CEO Discusses Why SEC Shouldn’t Succeed
Anticipated Changes in Crypto Regulation Post-Election Ripple CEO Brad Garlinghouse has shared his expectations for significant advancements in cryptocurrency regulation following the upcoming U.S. presidential election. During his speech at the Crypto Investor Day, Garlinghouse highlighted a recent cross-appeal aimed at clarifying the definition of an investment contract under the Securities Act. Potential Impact on Crypto Platforms Crypto investor Anthony Pompliano raised concerns about the potential classification of crypto tokens…
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Cryptocurrency
Ripple Update: CEO Discusses Why SEC Shouldn’t Succeed
Ripple’s CEO, Brad Garlinghouse, has shared his perspectives on the evolving landscape of cryptocurrency regulation, particularly in the wake of the upcoming U.S. presidential election. At the recent Crypto Investor Day, Garlinghouse highlighted the potential for significant regulatory advancements in the crypto sector. Understanding the Cross-Appeal in Cryptocurrency Regulation During his address, Garlinghouse discussed a recent cross-appeal that seeks to clarify the definition of an investment contract under the Securities…
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Cryptocurrency
Ripple Co-Founder Donates $10M to Harris, Sparking Interest
Introduction to the Ripple Effect The cryptocurrency landscape is abuzz with discussions following an unexpected move by Chris Larsen, co-founder of Ripple. Larsen has pledged a remarkable $10 million to support Vice President Kamala Harris’s campaign, a contribution that has sent ripples of speculation through the community. Prior to this significant donation, Larsen had already extended support totaling approximately $1.9 million to Harris, both directly and through the super PAC,…
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Cryptocurrency
Ripple Cofounder’s $10M Contribution to Harris Sparks Curiosity
The cryptocurrency world is abuzz with discussions following the news that Chris Larsen, co-founder of Ripple, has pledged a remarkable $10 million to support Vice President Kamala Harris’s campaign. This donation marks a significant increase from Larsen’s previous contributions, which totaled approximately $1.9 million, given directly and through the super PAC Future Forward. His latest financial commitment, announced earlier this week, has sparked intrigue and speculation among social media users…
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Cryptocurrency
Can Price Overcome Resistance?
XRP’s network activity is capturing attention as it hits a remarkable peak in active sending addresses, climbing to 12,230—the highest level observed in six months. With a bullish outlook for the fourth quarter, XRP is making strategic moves to counteract the impact of the Ripple vs. SEC case. Let’s delve into the insights of one analyst who believes XRP has the potential to rise from the ashes. Keep reading to…
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Cryptocurrency
Can Price Overcome Resistance?
The XRP network is currently experiencing a significant uptick in activity, marked by a notable increase in active sending addresses. Recently, these addresses have reached an impressive total of 12,230, the highest number recorded in the past six months. As we move into the fourth quarter, XRP’s performance appears promising, with strategic moves aimed at mitigating any adverse effects from the ongoing Ripple vs. SEC legal battle. In this article,…
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Cryptocurrency
Can Price Overcome Resistance?
In recent developments, XRP’s network activity is making significant strides, reaching a noteworthy milestone with 12,230 active sending addresses. This number marks the highest in six months, signaling a potential bullish trend as we move into Q4. Despite the challenges posed by the ongoing Ripple vs. SEC case, XRP is making strategic moves to navigate these hurdles. In this article, we’ll delve into one analyst’s perspective on XRP’s potential resurgence.…
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Cryptocurrency
Ripple and Crypto: Ushering in a New Chapter?
In a recent development, former President Donald Trump has signaled a potential overhaul in the leadership of the Securities and Exchange Commission (SEC) should he secure victory in the upcoming November election. Trump announced his intention to dismiss the current SEC Chair, Gary Gensler, on his first day in office if elected. This announcement has sparked discussions about the future direction of the SEC and its regulatory strategies. Insights from…
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