Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

2 Major Key Events on April 16: Ripple vs SEC Settlement and Powell’s Speech Impacting Crypto Assets

Share This Post

The post 2 Major Key Events on April 16: Ripple vs SEC Settlement and Powell’s Speech Impacting Crypto Assets appeared first on Coinpedia Fintech News

April 16, 2025 – Today marks a potentially pivotal moment in the crypto market as two high-stakes events unfold: the long-awaited conclusion of the Ripple vs SEC lawsuit and a key speech by Federal Reserve Chair Jerome Powell. Together, these developments could significantly influence investor sentiment and shape the near-term direction of crypto assets. 

Ripple vs SEC lawsuit Update 

After nearly a decade of legal wrangling, the Ripple vs SEC case may finally be over. April 16 was Ripple’s final deadline to file its appellate brief. With no extension granted, the only options were to either submit the filing or reach a settlement.

Sources close to the matter suggest that a settlement has been reached between Ripple and the SEC. As part of the reported agreement, the SEC has dropped its appeal, while Ripple has agreed to pay a $50 million fine and also withdraw its own counter-appeal. Crucially, there will be no official declaration labeling XRP as a security, which many in the XRP community view as a significant win for the cryptocurrency.

According to Attorney Fred Rispoli on X, Ripple has only two options by April 16. He explained that Ripple cannot ask for more time, so they have only two options. Either they go ahead and file their appeal, which he believes has just a 10% chance, or they announce a settlement or withdrawal, which he thinks is much more likely, with a 90% chance.

 FED Chair Jerome Powell’s Speech

Later today, Federal Reserve Chair Jerome Powell is set to deliver a speech at the Economic Club of Chicago. With U.S. inflation easing and election-year pressure building, Powell’s comments may hint at the Fed’s outlook on future rate cuts.

The market currently expects:

  • Two rate cuts in 2025
  • Possibly starting in June or September

However, Powell has repeatedly emphasized caution, citing persistent inflation risks and global uncertainty.A dovish or hawkish tone could significantly influence Bitcoin, altcoins like XRP, and broader equity markets.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin ETFs Hit $40 Billion Inflows, Setting Historic Crypto Record

Based on figures that Bloomberg analyst James Seyffart has shared, spot Bitcoin ETFs have already attracted over $40 billion in lifetime inflows On May 8, 2025, investors pumped new money in,

Bitcoin vs. Social Security: Former Maryland Governor’s Ponzi Scheme Remark Sparks Fury

Former Maryland Gov Martin O’Malley recently compared bitcoin to a Ponzi scheme while defending the US Social Security Administration The comparison drew criticism from bitcoin supporters, who

Is Bitcoin Price Heading To $137K? Market Expert Says BTC Broke Out Since Nov. 2024

After a somewhat sluggish start to 2025, the Bitcoin price has begun to impress in the year’s second quarter The premier cryptocurrency reclaimed the $100,000 mark earlier this week and seems

BlackRock Meets With SEC To Discuss Staking, Tokenization, Others – Details

Executives of American investment firm BlackRock met with the US Securities and Exchange Commission (SEC) ‘s crypto task force on Friday to discuss various matters pertaining to cryptocurrency

BIS Study Shows Low-Value Bitcoin Transfers Reshape Remittances Amid High Traditional Costs

A new study by the Bank for International Settlements reveals cross-border crypto asset flows surged to $26 trillion in 2021, with stablecoins and emerging markets reshaping global financial networks

Here Are 5 Reasons Ethereum May Reach $12,000 In 2025 – Analyst

Ethereum prices have surged by over 19% in the past day, reaching almost $2,500 as a general crypto market resurgence continues Amidst investors’ euphoria, prominent crypto analyst and OKC