Whales Accumulate 140 Million $XRP Amid Settlement Speculation
US elections boost crypto adoption; Ripple’s legal clarity and whale activity drive XRP’s 40% price surge.
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US elections boost crypto adoption; Ripple’s legal clarity and whale activity drive XRP’s 40% price surge.
XRP faces volatility due to legal uncertainties with the SEC, causing a price drop and increased trading activity.
Ripple's XRP surges 40% amid SEC settlement speculation and 150 million XRP transfer. Monthly escrow sell-offs continue, managing XRP's supply despite recent price increases.
Former SEC lawyer denies Ripple settlement talks amid speculation. XRP price rallies ahead of legal rulings, showing bullish indicators with increased trading volume and optimism from pro-XRP figures.
A New York district court judge has approved a nearly $4.5 billion settlement between Terraform Labs and Do Kwon and the U.S. Securities and Exchange Commission.
Expert hints at potential end to Ripple-SEC legal battle, citing key indicators and speculation of settlement. Confirmation awaits official statements.
According to Marc Fagel, an SEC veteran and former Director, a ruling in the case between the SEC and Ripple might be coming in days.
If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
In the ongoing legal case between the SEC and Ripple Labs, the commission declared XRP as a security.
As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.