LionKhan
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$XRP Latest News!!!
4th April, 2025 New York ..
The SEC vs. Ripple case just took an intriguing turn. On April 3rd, an emergency filing surfaced, captivating the attention of investors and crypto enthusiasts alike. As the case unfolds, its implications on monetary policy and risk assets are under intense scrutiny, particularly amidst discussions surrounding US tariffs.
At the heart of this development is Justin W. Keener's filing, which requests permission to present "decisive evidence" in favor of Ripple. Although the nature of this evidence remains ambiguous, Keener hints at its connection to physical investment contracts he's compiled. Interestingly, Keener has his own history with the SEC, having been sued for operating as an unregistered penny stock dealer, resulting in over $10 million in fines.
Keener's correspondence with Judge Analisa Torres asserts that his proprietary information could address pivotal questions in the case, holding substantial relevance for Ripple, the cryptocurrency sector, and even Congress. However, experts remain skeptical about the filing's potential impact on the SEC's appeal strategy or the case's overall trajectory.
In another twist, the SEC held a Closed Meeting on April 3rd, sparking speculation about a potential vote on withdrawing the appeal regarding the Programmatic Sales of XRP ruling. The SEC's silence on its strategy has overshadowed XRP's muted gains.
In related news, an exchange has filed with the CFTC to self-certify XRP futures, aiming to provide a regulated platform for investors. This move could potentially boost institutional interest in XRP, with the futures contract set to launch on April 21st, 2025.
As the legal drama unfolds, XRP's price is experiencing volatility, currently trading at $2.05 with a modest 1.97% increase. This uptick marks a recovery from a previous decline, indicating investor confidence amidst ongoing legal developments. However, XRP remains vulnerable to broader macroeconomic factors, including trade dynamics and Federal Reserve policy.
😏
#XRP #News #Binance
4th April, 2025 New York ..
The SEC vs. Ripple case just took an intriguing turn. On April 3rd, an emergency filing surfaced, captivating the attention of investors and crypto enthusiasts alike. As the case unfolds, its implications on monetary policy and risk assets are under intense scrutiny, particularly amidst discussions surrounding US tariffs.
At the heart of this development is Justin W. Keener's filing, which requests permission to present "decisive evidence" in favor of Ripple. Although the nature of this evidence remains ambiguous, Keener hints at its connection to physical investment contracts he's compiled. Interestingly, Keener has his own history with the SEC, having been sued for operating as an unregistered penny stock dealer, resulting in over $10 million in fines.
Keener's correspondence with Judge Analisa Torres asserts that his proprietary information could address pivotal questions in the case, holding substantial relevance for Ripple, the cryptocurrency sector, and even Congress. However, experts remain skeptical about the filing's potential impact on the SEC's appeal strategy or the case's overall trajectory.
In another twist, the SEC held a Closed Meeting on April 3rd, sparking speculation about a potential vote on withdrawing the appeal regarding the Programmatic Sales of XRP ruling. The SEC's silence on its strategy has overshadowed XRP's muted gains.
In related news, an exchange has filed with the CFTC to self-certify XRP futures, aiming to provide a regulated platform for investors. This move could potentially boost institutional interest in XRP, with the futures contract set to launch on April 21st, 2025.
As the legal drama unfolds, XRP's price is experiencing volatility, currently trading at $2.05 with a modest 1.97% increase. This uptick marks a recovery from a previous decline, indicating investor confidence amidst ongoing legal developments. However, XRP remains vulnerable to broader macroeconomic factors, including trade dynamics and Federal Reserve policy.
😏
#XRP #News #Binance
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