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Showing posts with the label sec lawsuit

Whales load up on 100 million XRP – surge coming?

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XRP has benefited greatly from the ongoing cryptocurrency bull run, although the token failed to cross the $4 threshold or reclaim its all-time high (ATH) of $3.40.  Although upward momentum slowed in the latter half of December, since the start of 2025, XRP has seen a renewed surge. On a year-to-date (YTD) basis, the digital asset’s price has increased by 55.41%, having marked a 35.31% gain on the weekly chart. XRP price weekly and YTD charts. Source: Finbold The most recent leg of the surge, which began on January 13, was driven by two factors — better-than-expected inflation numbers from the December Consumer Price Index (CPI) report, and an appeal brief in the longstanding case against Ripple Labs made by the Securities and Exchange Commission (SEC), which was largely seen as ineffectual. Picks for you If you put $1,000 in Bitc...

Ripple: AI Predicts XRP Price After US Presidential Election

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Ripple’s XRP token continues its struggle to gain momentum. The seventh-largest cryptocurrency project by market cap has experienced a significant correction over the last week. The asset is down by 0.3% in the daily charts, 2.1% in the weekly charts, 7.9% in the 14-day charts, 5.6% in the monthly charts, and 17.9% since early November 2023. Source: CoinGecko Also Read: Top 3 Stocks to Buy Now If Kamala Harris Wins the Election Why Is XRP Struggling? Ripple’s XRP token shot up to $0.63 in early August after the fintech company settled its lawsuit with the SEC with a $125 million fine. Despite the breakout, the asset’s price did not hold, facing a correction soon after. Source – FXEmpire XRP’s recent woes could be due to investors booking profits with other assets. XRP continues to be a popular cryptocurrency for cross-border remittances, but its value has failed to increase. Also Read: ChatGPT Predicts Dogecoin (DOGE) Price If Musk Assumes A Cabinet Role Ho...