Bitcoin
BTC$20 862.60

-1.98%

Ethereum
ETH$1 196.92

-2.33%

Tether
USDT$0.999145

-0.04%

USD Coin
USDC$1.000144

-0.01%

Binance Coin
BNB$233.66

-1.64%

Binance USD
BUSD$0.999879

-0.17%

XRP is up roughly 20% over the past 24 hours and is currently trading for $1.08


07 Apr 2021

#XRP

Ripple Labs has been granted access to U.S. Securities and Exchange Commission documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the defendants’ motion “in large part,” determining that SEC minutes or memos concerning crypto are likely discoverable. Netburn asserted staff-to-staff email communications do not need to be produced.

Netburn also allowed for the SEC and Ripple to raise disputes with the ruling. In December, the SEC filed a lawsuit alleging Ripple Labs, its CEO Brad Garlinghouse, and chairman Christian Larsen, raised $1.38 billion through an unlicensed security offering in August 2013. Ripple has challenged the SEC’s suit, claiming that XRP is akin to Bitcoin or Ethereum — both of which have been classified as commodities by the SEC, in addition to criticizing the eight years taken for the agency to file its complaint against Ripple.

Law360 reports that Garlinghouse’s counsel, Matthew Solomon, believes it may be “game over” for the SEC’s suit should they find evidence the regulator has deemed XRP akin to BTC or Ether, noting the SEC’s regulatory purview does not extend beyond securities. With the SEC having taken eight years to file its complaint against Ripple, the firm’s lawyers also believe they can undermine the SEC’s claims should they be able to produce documentation showing contradictory determinations as to the regulator’s classification of XRP. The price of XRP has been on a tear this month despite the SEC’s complaint, with the token up nearly 100% since the start of April. XRP is up roughly 20% over the past 24 hours and is currently trading for $1.08.


Related

RoboForex adds 7 new cryptocurrencies
RoboForex adds 7 new cryptocurrencies
XRP mega whales scoop up over $700M in second-biggest accumulation spree in history
XRP mega whales scoop up over $700M in second-biggest accumulation spree in history
XRP gains 30% after Ripple gets permission to explain fair notice defense vs. SEC
XRP gains 30% after Ripple gets permission to explain fair notice defense vs. SEC
Ripple chair's pay-off plan to convince BTC miners to adopt Proof of Stake
Ripple chair's pay-off plan to convince BTC miners to adopt Proof of Stake
XRP price will fall to new lows vs. Bitcoin if this famous chart pattern plays out
XRP price will fall to new lows vs. Bitcoin if this famous chart pattern plays out
XRP below $1, futures open interest down by 75%
XRP below $1, futures open interest down by 75%
SEC loses a battle to win the war? Ripple dissociates from pumping XRP
SEC loses a battle to win the war? Ripple dissociates from pumping XRP
420M$ in leveraged long traders liquidated after XRP rallies to $1.96
420M$ in leveraged long traders liquidated after XRP rallies to $1.96
XRP price soars to new highs after recent legal victories
XRP price soars to new highs after recent legal victories

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 55.6% 92 $20 862.60 -1.98% 3.65% $398 029 830 130 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60.4% 88 $1 196.92 -2.33% 8.15% $145 213 720 865 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999145 -0.04% 0.01% $66 810 101 922 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000144 -0.01% -0.01% $55 810 644 482 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 61.2% 88 $233.66 -1.64% 9.10% $38 151 323 562 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $0.999879 -0.17% 0.06% $17 387 273 873 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 63.2% 80 $0.353119 -3.13% 10.71% $17 070 867 914 XRP 7 days price change
8 Cardano (ADA) ADA Cardano predictions 64.8% 78 $0.485901 -3.06% -0.43% $16 400 414 907 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 64.8% 71 $38.33 -5.68% 10.47% $13 131 783 179 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 59.2% 85 $0.072123 -0.83% 21.93% $9 568 648 805 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 64.4% 81 $7.78 -3.17% 0.55% $7 686 366 532 DOT 7 days price change
12 Dai (DAI) DAI Dai predictions 96% 1 $0.999656 -0.02% -0.04% $6 795 067 803 DAI 7 days price change
13 TRON (TRX) TRX TRON predictions 56% 88 $0.067970 3.95% 11.56% $6 287 063 791 TRX 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 60.4% 78 $0.000011 -4.07% 36.02% $6 018 323 272 SHIB 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 57.6% 92 $20 815.72 -2.06% 3.43% $5 507 396 530 WBTC 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2022 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.