- The SEC vs. Ripple lawsuit is a key market mover for XRP. Per pro-crypto attorney Fred Rispoli, Ripple lawsuit could end by July 2024, this week.
- XRP holders expect either a settlement in the SEC lawsuit or a fine, the $10 million proposed by Ripple against over $2 billion asked by the regulator.
- There is legal clarity on XRP’s status as a non-security in secondary market transactions, on exchange platforms. It remains to be seen whether this ruling from July 2023 is appealed by the SEC.
- The news of the closed-doors meeting between the two parties acted as a key market mover for the altcoin.
- Ripple update: What to expect from XRP and Ripple lawsuit this week
- As traders keep their eyes peeled for updates, XRP trades above its psychological support level.
- XRP officially got listed on the Chicago Mercantile Exchange (CME) CF reference rates and real-time indices
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