Small Lawsuit Wins Pushes XRP Price Back to 2018 Highs; Pullback Ahead?
Key XRP Outlook XRP almost hits $1.5 for the first time since January 2018. The upside boost comes in the wake of small legal wins for Ripple Labs as it battles the US Securities and Exchange over a lawsuit. Technically, the Ripple token has climbed to overvalued levels, requiring a neutralizing price correction. XRP, the de-facto settlement token atop the Ripple blockchain, has become traders’ eye-candy all over again after a series of blunders. The […]
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Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit against the U.S. Securities and Exchange Commission (SEC).
Finder’s Specialists Assume Ripple’s Lawsuit With SEC Will Determine Future Price
55 specialists chosen by Finder have shared their predictions concerning....
Though Ripple CEO Brad Garlinghouse is prepared to challenge the SEC over its lawsuit, the knock may be hard to come back from. Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on U.S. cryptocurrency exchange Coinbase, albeit momentarily, leading many backers to believe that the digital currency was all set to skyrocket once again, possibly even retesting its January 2018 all-time high of over $3.However, in the wake of the recent lawsuit laid out by the United States Securities and Exchange Commission against Ripple, not only does a future value hike look....
Telegram must pay $625,000 to Lantah LLC — a small crypto firm it sued in 2018 over using the ‘GRAM’ trademark and ticker. Telegram Messenger Inc. has been ordered to pay nearly $625,000 worth of legal fees to a small cryptocurrency firm that it sued over using the ‘GRAM’ crypto-ticker and trademark.In a Nov. 2 ruling, U.S District Judge Charles Breyer granted $618,240 in attorney’s fees for 1,030.4 hours work billed at $600 per hour. Lantah had requested compensation at a rate of $900 per hour, but the judge reduced the fees to meet the market rate for the services.Lantah was also awarded....
Top GPU manufacturer Nvidia is celebrating after a judge nixed the lawsuit accusing it of misleading investors by “understating” GPU sales to crypto miners. A three-year-old lawsuit accusing Nvidia of “misrepresenting $1 billion in sales” of crypto mining hardware during the 2017/2018 bull run came to a close on Mar. 2, with a California district court judge ruling in favor of the GPU manufacturer.The lawsuit alleged Nvidia misled investors by overstating demand from gamers as their primary sales audience. According to a summary of court documents by Law360, Judge Haywood Gilliam granted....
After its strong surge recently, darkcoin price showed signs of a pullback and appears to be gathering more bullish momentum. On its 1-hour chart against bitcoin from Cryptsy, the cryptocurrency has retreated to the moving averages, which appear to be holding as support. Darkcoin price has already bounced off the area of interest around 0.0200 and resumed its climb upon bouncing back above the moving averages. There seems to be a bit of hesitation among buyers on this recent bounce, as price is closing in on the previous highs. An increase in buying interest, which might be indicated by a....