Alfonso Bonett OLxY

Scheduled Events Today (April 29, 2025) with High Potential Impact:

* Major Company Earnings Reports: Several large companies (including Booking Holdings, S&P Global, Honeywell, Pfizer, Spotify, American Tower, Starbucks in the US, and Ambuja Cements, Bajaj Finance, BPCL in India) are scheduled to release their financial results today.

* What WILL happen: These reports will be released. They will likely cause significant price movement in those specific stocks and potentially their related sectors (e.g., tech, pharma, finance).

* What is UNCERTAIN: How the market will react overall (positive earnings could lift general sentiment, negative could dampen it), and the extent of any spillover into the crypto market.
Ongoing Factors Definitely Influencing Today's Market (but without a single trigger point):

* Bitcoin's Price Movement: Bitcoin's price action will continue to influence sentiment across the crypto market, including XRP. Significant moves in BTC often lead to correlated moves in altcoins.

* Flow-through Sentiment: Market sentiment from yesterday's news (like updates on US-China trade talks mentioned in one report, or previous days' crypto news) will carry over and influence trading decisions today.

What is NOT Scheduled Today:
* There don't appear to be any major, market-wide macroeconomic data releases (like US CPI or a Federal Reserve interest rate decision) scheduled for today that would typically act as a primary driver for all markets.

There is no specific, publicly announced time for when the SEC resolution regarding Ripple will be settled or announced.

Here's what we know based on recent information:
* Key Date: April 16, 2025: This date was initially the deadline for Ripple to file its appellate brief in response to the SEC's appeal.

* Joint Motion to Pause: Ripple and the SEC have jointly filed a motion to pause the appeal proceedings because they have reached an "agreement-in-principle" to settle the case. This means the April 16th deadline for the brief is likely suspended.

* SEC Commission Approval: The settlement agreement is subject to approval by the SEC Commissioners. There is no public timeline for when the Commissioners will vote on or approve this agreement.

* Expectation: Legal analysts and commentators widely expect something to happen on or before April 16th. This could be:
* An official announcement of the settlement being approved and finalized.
* A notice of withdrawal of the appeals by both parties.
* Less likely, according to analysts (around 10% chance), Ripple could still file its brief if the settlement isn't finalized internally by the SEC.

In summary: While April 16th is the critical date everyone is watching, the exact timing of any announcement is unknown and depends on internal SEC processes and when official filings are made public. Announcements related to court deadlines often happen towards the end of the business day (US Eastern Time), but there's no guarantee. Keep a close eye on reputable financial news sources and legal commentators following the case throughout today and tomorrow.

Be safe and wait til tomorrow to see how it will effect the market!

#xrp #SEC #settlement