web3.0
Ripple (XRP) CLO Stuart Alderoty Believes the SEC Is Less Likely to Appeal the Final Ruling in the Lawsuit
Ripple (XRP) CLO Stuart Alderoty Believes the SEC Is Less Likely to Appeal the Final Ruling in the Lawsuit
Ripple ’s SVP of stablecoins recently spoke on the definition of the asset as the firm continues to test Ripple USD in private beta.
Ripple Chief Legal Officer Stuart Alderoty believes that the US Securities and Exchange Commission (SEC) is less likely to appeal the final ruling in the lawsuit against the crypto firm.
The development comes after Judge Analisa Torres dismissed the SEC’s case against Ripple Labs, XRP, and executives Brad Garlinghouse and Chris Larsen on Friday.
The payment remittance firm recently partnered with the crypto arm of SBI holdings to boost the utility of the token.
Moreover, financial institutions can now transfer value in a borderless manner with the help of Ledger, which is based on a distributed ledger technology and the blockchain.
At the time of writing on Saturday, XRP was trading at $0.5649, and the price failed to rally.
The Moving Average Convergence Divergence indicator shows that there is underlying negative momentum in XRP price.
The above is the detailed content of Ripple (XRP) CLO Stuart Alderoty Believes the SEC Is Less Likely to Appeal the Final Ruling in the Lawsuit. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
XRP Price Prediction: Can the XRP Cryptocurrency Hit the Critical $1.96 Resistance Level This Week?
Nov 17, 2024 pm 03:20 PM
The XRP token has experienced an upward trend not seen in years, as its price surged massively, reaching a three-year peak of $1.2654.
Ripple's XRP Eyes $1.03 Amid Optimism, Can It Get There?
Nov 16, 2024 pm 09:10 PM
The XRP price has broken past important resistance levels at $0.59971 and $0.69043, showing strong upward movement. Ripple is now trying to reach the next big level at $1.03.
The world's first XRP spot ETF is born! Hashdex application has been approved by the Brazilian Certificate Commission
Mar 03, 2025 pm 06:27 PM
Brazil was the first to approve the world's first XRP spot ETF, and XRP prices rose! According to Brazilian media PortaldoBitcoin, the Ripple (XRP) spot ETF application submitted by digital asset management company Hashdex in Brazil has been approved by the Brazilian Securities Commission (CVM), becoming the world's first approved XRP spot ETF. Although the ETF's listing date on the Brazil Stock Exchange (B3) has not been announced yet, the news has triggered positive reactions from the market. Silvio Pegado, managing director of Ripple Las America, said the practical application value of XRP and growing institutional demand drive this result, and Brazil's move demonstrates its innovators in the cryptocurrency market and financial sectors.
XRP, HBAR, Goldman Sachs Partnership Coming Soon?
Nov 20, 2024 am 04:28 AM
The Ripple community is elated as speculations over XRP's possible collaboration with Hedera (HBAR) and Goldman Sachs have been on the rise.
One article understands Ethereum erases the half-year increase, XRP plummets 40%, and SOL falls below $180
Mar 05, 2025 pm 02:06 PM
The crypto market fell sharply under the impact of the US imposing tariffs! Coinglass data shows that in the past 24 hours, the amount of liquidated in the cryptocurrency market exceeded US$2 billion, of which the long orders were liquidated in US$1.81 billion, and the short orders were liquidated in more than US$288 million, with more than 710,000 affected users. Bitcoin's continued decline is the main cause. Ethereum fell below $2,100 and other mainstream cryptocurrencies performed weaker. Ethereum price fell to $2,086 at one point, hitting a new low since August last year. Although it has rebounded above $2,400, the 24-hour decline is still more than 20%. Solana approaches January low SOL price also fell sharply, hitting a low of $175, approaching January low
XRP Price Consolidation Phase and Price Levels
Nov 19, 2024 am 09:56 AM
XRP has shown a consistent pattern of price stability over several years. Its trading has been confined within two notable price ranges. The first range spans about 1,000 days, with prices moving between $0.20 and $0.80.
Four Entities Could Take XRP Price to $10 as the Asset Gains Stability After Plunging 14% Amid SEC Appeal Notice
Nov 11, 2024 pm 04:16 PM
XRP has witnessed slight gains over the past few days after Donald Trump emerged as the winner of the just-concluded U.S. presidential election.
XRP Surges Past $1 as Speculation about a Trump-Garlinghouse Meeting Heats Up
Nov 18, 2024 am 01:26 AM
Ripple Labs token XRP surged past $1 for the first time since November 2021. This upsurge was fueled by speculation about a possible meeting between President-elect Trump and Ripple CEO Brad Garlinghouse.