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.

Ripple vs SEC Lawsuit Is Over! 86% Chance of XRP ETF Approval by 2025

Share This Post

XRP vs SEC Lawsuit Ends_ Ripple’s Cross Appeal, Reduced Fine and More Revealed

The post Ripple vs SEC Lawsuit Is Over! 86% Chance of XRP ETF Approval by 2025 appeared first on Coinpedia Fintech News

Ripple’s legal battle with the SEC is finally over! The crypto giant has dropped its cross-appeal, marking the official end of the case. The SEC will keep $50 million, and Ripple gets back $75 million from the $125 million fine. With the lawsuit settled, all eyes are now on XRP’s future, and Polymarket predicts an 86% chance of an XRP ETF approval by 2025!

SEC vs Ripple Case is 100% Over

The lawsuit began in December 2020, when the SEC accused Ripple of conducting an unregistered securities offering through XRP sales. Over the years, the case became a key battle in defining how U.S. securities laws apply to digital assets. However, Ripple has now emerged stronger, marking a major win for the crypto industry.

Chief Legal Officer Stuart Alderoty confirmed on X that Ripple has agreed to drop its cross-appeal, allowing the SEC’s previous decision to stand. Additionally, the SEC has requested the removal of the standard injunction on Ripple. 

The resolution is now awaiting final legal procedures and a commission vote before it is formally closed.

This legal settlement comes at a time when the SEC has been reassessing its approach to crypto regulation. The agency has recently dropped lawsuits against major crypto exchanges like Coinbase and Kraken, signaling a shift in its regulatory stance.

XRP ETF Has 86% Chance of Approval by 2025

With the lawsuit behind it, Ripple is now looking forward, and investors are optimistic about XRP’s future. According to Polymarket, there is now an 86% chance that an XRP exchange-traded fund (ETF) will be approved before 2025.

Amid the market turmoil, XRP remains stable, currently trading at $2.46, staying above the important support level of $2.40. Many analysts believe XRP could soon reach $2.9990 and even $3.4000, driven by market confidence and potential ETF approval.

As the Ripple vs SEC case finally ends, the focus now shifts to XRP’s market growth and the potential ETF approval, which could bring major institutional interest into the cryptocurrency.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

As the crypto economy has contracted by $150 billion since Monday, the downturn has notably impacted crypto stocks, with a significant portion of shares experiencing double-digit declines across the

Time to Buy Ethereum? Whale Bags $58 Million of ETH

The post Time to Buy Ethereum Whale Bags $58 Million of ETH appeared first on Coinpedia Fintech News Amid the bearish market sentiment, a crypto whale found Ethereum (ETH) to be an ideal investment

XRP Price Chart Flashes Inverse Head And Shoulders Pattern That Could Trigger Rally To $3.9

XRP’s price has slipped by 47% in the past 24 hours, continuing a pattern of high volatility that has defined much of March Amid this decline, however, some see opportunity, with one popular

Sonic Labs Drop USD Stablecoin Plan Amid US Regulations – Here’s Why!

The post Sonic Labs Drop USD Stablecoin Plan Amid US Regulations – Here’s Why! appeared first on Coinpedia Fintech News Sonic Labs has suddenly dropped its plan to launch a USD-backed

PEPE Whale Sell 150B Tokens, 20% Price Crash Ahead?

The post PEPE Whale Sell 150B Tokens, 20% Price Crash Ahead appeared first on Coinpedia Fintech News During the ongoing bearish market sentiment, Pepe (PEPE), the world’s third-largest meme coin,

XRP News: SEC Could Delay Its Announcement Until August 7? Hint XRP Member!

The post XRP News: SEC Could Delay Its Announcement Until August 7 Hint XRP Member! appeared first on Coinpedia Fintech News The long-running legal fight between Ripple and the US Securities and