The popularity of XRP has increased, but price action is still erratic in the face of an SEC investigation and continuing regulatory uncertainty. Good long-term prospects for XRP, supported by SBI VC Trade, with possible wide adoption by Japanese banks by 2025. As XRP, the cryptocurrency of Ripple, keeps grabbing the interest of the cryptocurrency world, its recent rise in social metrics suggests a surge in popularity. But the timing of this increased attention is concerning investors given the price behavior of XRP. CoinMarketCap data show that the price of XRP at the moment of writing is ..read more

Despite its current SEC lawsuit, Ripple intends to launch a stablecoin that will compete with Tether and CENTER and reach a market capitalization of an astounding $3 trillion by 2028. Though the price of XRP has somewhat dropped, expectations are high that Ripple’s new stablecoin will drive both XRP and the CTF token to previously unheard-of heights. For the past four years, Ripple has been embroiled in a legal whirlwind with the SEC, with no end in sight. The continuous conflicts have stunted the growth and innovation potential of Ripple, especially affecting the value of its native token ..read more

Legal veteran MetaLawMan has ignited excitement in the Ripple ecosystem with predictions on the SEC case. He believes the regulators’ demand of $2 billion in fines might be tossed out. James Murphy, a pro-XRP lawyer known as MetaLawMan has hinted that Judge Torres could throw out the SEC’s $2 billion fine against Ripple Labs Inc. This is promising news for XRP because many had earlier forecasted that the fine could cripple the cryptocurrency. The XRP Lawyer’s Argument Murphy began his argument by stating that the SEC’s Reply Brief submitted earlier this week adds nothing substantive to the ..read more

Crypto analyst Armando Pantoja promises a bullish price action for XRP, expecting the coin to surge to $8 and $20 by 2026. Institutional adoption is still a major catalyst for the potential growth of XRP.  Ripple is currently grappling with legal challenges brought forth by the U.S. Securities and Exchange Commission (SEC). Such regulatory pressure has caused a significant negative impact on the market performance of XRP, with the asset coming down by a dramatic drop from its record high in 2018. A pending lawsuit between Ripple and the SEC has caused turmoil for the investors and is s ..read more

An analyst makes an audacious prediction for XRP, foreseeing the asset hitting $246 after the end of the ongoing cycle.  According to him, XRP’s weekly chart discloses the repetition of a pattern that triggered the significant surge to $3.3 in January 2018 and $1.9 in April 2021.  XRP’s steady surge over the years and consistent struggle since the commencement of the legal dispute between the US Securities and Exchange Commission (SEC) and Ripple Labs has forced market analysts to resort to conservative predictions. However, UK-based crypto analyst The Block Bull goes all out, p ..read more

Ripple’s Chief Legal Officer, Stuart Alderoty, openly criticized the SEC for what he perceived as unfair legal strategies. Analysts stated that the SEC’s remedies brief won’t hold substance since it failed to introduce new evidence regarding potential damages. As reported by Crypto News Flash, the U.S. Securities and Exchange Commission (SEC) filed the remedies brief stressing the unregistered sales of XRP to institutional players while highlighting the possibility of future violations. The most recent action has ignited intense responses, prompting Ripple’s Chief Legal Officer, Stuart Alde ..read more

Ripple plans to launch a stablecoin in June, aiming to offer stability by pegging its value to the U.S. dollar. The SEC has raised concerns about Ripple’s stablecoin, alleging it could be an “unregistered crypto asset.” Ripple’s Chief Technology Officer, David Schwartz, recently hinted at the imminent launch of the company’s stablecoin during the XRP Las Vegas conference. With the stablecoin backed by U.S. dollar deposits and government bonds, Ripple aims to provide stability and security with a 1:1 peg to the U.S. dollar. This initiative aligns with Ripple’s ambitious projection of the s ..read more

Ripple CEO Brad Garlinghouse speaks on speculations and says the company has not abandoned the project. This appears to be in line with a statement made by a pro-XRP lawyer in 2023 that it is impractical for Ripple to abandon XRP.  Lately, the commitment of Ripple Labs to secure and transform the XRP ecosystem has seriously been in doubt with a section of the crypto community suspecting that the project has been abandoned. A quick research by CNF discloses that a 2021 statement by Ripple CEO Brad Garlinghouse in an interview with CNN bred this thought. During the interview, Garlingho ..read more

Ripple and the SEC conclude their briefs as the XRP lawsuit nears its pivotal moments, sparking debates on regulatory clarity and the future of digital assets. Ripple remains steadfast, arguing against the SEC’s accusations and expressing confidence in a favorable outcome. The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has reached a significant turning point as per today’s CNF report. In its latest filing, the SEC contends that Ripple’s recent regulatory adjustments fall short of effectively addressing concerns about potential future violations ..read more

A top legal expert has shared an update with expected dates to watch in the Ripple versus SEC lawsuit. The industry was spooked by the recent Wells Notice to Robinhood. Marc Fagel, a legal veteran known for his expertise in securities litigation, recently provided a timeline and insights on the ongoing legal saga between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC). Fagel Dismisses Premature Conclusion of Ripple vs SEC Case Fagel’s insights are in response to a post from Brett Hill, an ambassador to Bitrue crypto exchange. In the post, Hills said the Ripple vs SEC ca ..read more