Coin

<ul class="news-points"> 
 <li>The Ripple lawsuit is nearing a major turning point as a settlement is reportedly on Thursday’s closed meeting agenda.</li> 
 <li>A favorable resolution could pave the way for the launch of an XRP spot ETF.</li> 
 <li>XRP could potentially return to the $1 threshold following the development.</li> 
</ul> 
A rescheduled closed-door meeting at the Securities and Exchange Commission (SEC) has reignited speculation about a potential settlement in the ongoing legal battle between Ripple Labs and the regulator. The meeting, now slated for July 25th, has sparked renewed optimism among XRP investors, who are closely watching for any signs of resolution in a case that could have far-reaching implications for the cryptocurrency market. 
The SEC had previously planned to hold this closed-door session on July 18 but <a href="https://coinedition.com/breaking-sec-cancels-ripple-meeting-settlement-talks-stalled/">canceled it at the last minute</a>. The regulator quickly fixed the new date for the meeting, which will now be held on Thursday. 
Following the update, the price of XRP got a major boost as the meeting agenda included discussions of settling the SEC’s pending lawsuits. Market participants anticipate the settlement terms could significantly impact XRP’s near-term price trends. 
The SEC filed …
The post <a href="https://coinedition.com/ripples-sec-lawsuit-nears-end-what-a-settlement-could-mean-for-xrp/">Ripple’s SEC Lawsuit Nears End: What a Settlement Could Mean for XRP</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ripple’s SEC Lawsuit Nears End: What a Settlement Could Mean for XRP

Coin Edition

Andre artikler publisert på 23. juli 2024

Polygon Labs Co-Authored Crucial Whitepaper on Web3 Adoption in Loyalty Programs

Analyst Predicts SOL and AVAX Trends

$14,000 ETH ATH Could Be Set for ETH Price Following ETH ETF Launch, Silver-Tongued Analyst Expla...

A Bullish Pattern Under Formation, Will TIA Skyrocket To $21?

Is It Too Late To Buy SOLYMPICS? Solympics Price Skyrockets 350%, But Experts Prefer This Other O...

JASMY Advances Blockchain Data Security with Strategic JATES Involvement

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!