Ripple (XRP) Sits On Key Support; Here Is What Could Happen If $0.45 Fails

XRPโ€™s price slowed down after showing so much strength as it rallied to a high of $0.55.ย ย  XRP could suffer retracement as the price site on a crucial support area, holding the price off from sellers with hopes of a rebound.ย  XRPโ€™s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The price of Ripple (XRP) showed some incredible price action as the price rallied from a low of $0.3 to a high of $0.55 after the announcement broke out about…

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Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit Over XRP โ€“ Featured Bitcoin News

Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbaseโ€™s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit. Coinbase Supports Ripple Against SEC The Nasdaq-listed cryptocurrency exchange Coinbase filed an amicus brief on Tuesday in support of Ripple Labs against the U.S. Securities and Exchange Commission (SEC). The regulator sued Ripple, its CEO Brad Garlinghouse,…

NFTs Get a New Place to Live, With Ripple Aiming for Mass Adoption

David Schwartz, chief technology officer of Ripple Labs, told CoinDesk in an interview this week that the goal is to enable mass adoption of tokenization โ€“ representing ownership of real-world things through NFTs โ€“ by offering lower costs, higher speeds and improved security over existing blockchains. Ethereum is among the incumbents. Source

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Blockchain Association throws support behind Ripple in SEC duel

United States-based crypto advocacy group Blockchain Association has come out in support of Ripple Labs amid its ongoing legal battle with the Securities and Exchange Commission (SEC), claiming the case could be very important for the future of the crypto industry.ย  In an Oct. 28 post, the advocacy group announced it will “stand” with the American crypto economy by filing an amicus brief, also known as “friend of the court” in the SEC enforcement action against Ripple. Nearly two years ago, the SEC announced they were suing Ripple (XRP), former…

Crypto Lobbyist Group Blockchain Association Asks Court for Permission to Support Ripple Against SEC Case

The SEC sued Ripple at the end of 2020 on allegations that it sold XRP as an unregistered security. The case has gone through a number of procedural motions since, and the parties recently filed their motions for summary judgement. On Friday, the Blockchain Association asked the court overseeing the case for permission to join the case, as well as the actual amicus brief. Source