Ripple prepares for SEC lawsuit: XRP rises above $0.51
Blockchain-Hero reports that Ripple is taking measures to prepare for a potential permanent ban on the sale of XRP in the US. The company plans to continue sales to international customers through foreign subsidiaries, and recently, the price of XRP has risen to around $0.5282.
XRP faces resistance at Golden Ratio level again – further decline possible?
The Krypto Magazin highlights that Ripple's price repeatedly failed to overcome the Golden-Ratio resistance level. Despite short-term support levels, a breakthrough below $0.48 could lead to further losses as indicated by a "Death Cross" in the daily chart suggesting a bearish trend.
The Best Mining Providers at a Glance
» Infinity HashFrom our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.
» Hashing24A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.
XRP against SEC: New twist in legal battle – court decides on confidentiality of evidence
The ongoing dispute between Ripple and the US Securities and Exchange Commission (SEC) remains tense according to Coin Kurier. The SEC urges the court not to grant Ripple’s request for confidentiality over certain documents which could be crucial for the case outcome.
A massive rally ahead due to Fed policies?
An article from Bitcoin News Flash suggests that up to $6 trillion might flow back into markets if the Federal Reserve eases its restrictive interest rate policy. This would particularly benefit cryptocurrencies like XRP, potentially reaching new highs.
Judge stands before critical decision in billion-dollar lawsuit between Ripple and SEC
Coin Report writes about no signs of resolution in sight regarding this high-stakes litigation where clarity is demanded over Ripple's revenue from selling XRP tokens as part of their defense strategy against allegations made by regulatory authorities.
Your opinion on this article:
No Investment Advice According to the Securities Trading Act (WpHG)
The content on this website is solely for the information and entertainment of readers and does not constitute investment advice or a recommendation according to the Securities Trading Act (WpHG). The content on this website reflects only our subjective, personal opinion.
Readers are expressly encouraged to form their own opinions regarding the content of this website and to seek professional and independent advice before making any specific investment decisions.
We report on our experiences with the respective providers and receive commissions according to the partner conditions. Our test reports are based on real tests and are documented via screenshots. Proof can be requested at any time.
