Bitcoin
BTC$19 083.51

-1.06%

Ethereum
ETH$1 281.89

-2.22%

Tether
USDT$1.000050

0%

USD Coin
USDC$1.000020

0.01%

Binance Coin
BNB$285.57

1.14%

XRP
XRP$0.453299

-4.55%

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 87.6% 20 $19 083.51 -1.06% 1.40% $365 781 815 743 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60.8% 83 $1 281.89 -2.22% -1.23% $157 194 265 600 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000050 0% 0% $67 952 795 097 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000020 0.01% 0% $47 326 491 868 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 90.8% 14 $285.57 1.14% 4.15% $46 073 556 698 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 61.2% 86 $0.453299 -4.55% -8.26% $22 619 945 926 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 95.2% 1 $1.000118 0.11% 0.06% $21 044 705 794 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 78% 41 $0.422139 -2.00% -5.32% $14 459 594 259 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 82% 27 $32.15 -1.56% -0.56% $11 427 909 285 SOL 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 95.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 88.8% 14 $0.059515 -1.94% -2.79% $7 895 849 620 DOGE 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 68.4% 71 $6.19 -1.35% -0.33% $6 947 808 682 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 93.6% 1 $0.999786 0.03% 0.03% $6 830 875 509 DAI 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 70.8% 64 $0.767118 -0.22% 4.02% $6 700 252 529 MATIC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92.4% 5 $0.060883 0.66% 2.30% $6 190 317 836 WTRX 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.