XRP Price At Risk? SEC Chair’s Congressional Testimony Fuels Ripple’s Legal B...
The cryptocurrency sector, particularly Ripple Labs, has been embroiled in a scenario of concern and uncertainty following a contentious exchange between the US Securities and Exchange Commission’s (SEC) chair, Gary Gensler, and the House Financial Services Committee in Congress which could affect the XRP price. Despite Ripple’s partial legal victory against the SEC, Gensler’s stance remains unchanged, as he emphasized the regulatory body’s determination to pursue an interlocutory appeal in the ongoing case. This has raised further questions and apprehension within....
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In a follow-up to his previous intricate analysis, renowned crypto analyst EGRAG CRYPTO has unveiled another riveting forecast for the XRP price trajectory. Drawing insights from his recent observations, Egrag points to a potential mammoth rise in XRP’s value, suggesting an impressive increase of 1,160%. This surge, he predicts, could elevate the digital asset’s price to an estimated $6.7, with possible fluctuations placing it within a range of $6.5 to $7. Here’s Why A 1,160% Move For XRP Seems Possible The genesis of this bold prediction lies in Egrag’s methodical....
The congressional hearing hilariously titled “America on ‘FIRE:’ Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?” is the gift that keeps on giving. NewsBTC already analyzed some aspects of it, but Peter Van Valkenburgh’s testimony merits an article on its own. The Director of Research at Coin Center got […]
The US Securities and Exchange Commission (SEC) has taken legal action against Elon Musk, the billionaire entrepreneur and Dogecoin supporter, seeking to compel his testimony regarding the acquisition of Twitter. SEC Fires Legal Salvo At Elon Musk Attorneys representing the SEC alleged that Musk failed to appear for a scheduled testimony on September 15, violating […]
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 19 with the witness testimony of Can Sun, a former General Counsel at FTX. During direct examination, Sun provided details that further implicated the defendant as the prosecution rested its case. Sam Bankman-Fried Didn’t Seem Surprised About […]
The trend reversal which started two days ago picked up full steam, as all top 50(!) cryptocurrencies showed gains in the past 24 hours. Out of the top 10, Ethereum Classic showed the biggest climb, rising more than 37%. Ripple, Ethereum and IOTA also registered double-digit percentage gains. Ethereum bounces back over $200. After having a rocky start in July, registering many more losing days than winning ones, Ethereum finally gave traders a reason to smile. In the past 24 hours, the world’s second largest cryptocurrency climbed more than 15%, settling well above the $200 mark. Ethereum....