Features Crypto News by Thebittimes.Com

The ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) may be ending, as a settlement has been rumored. Yet, amid those rumblings XRP has plummeted almost 3% over the last 24 hours, continuing its downtrend for more than a month. However, there is hope that the presence of a settlement could be good news for investors hoping for a return to form for the cryptocurrency. Indeed, could the conclusion to the SEC lawsuit bring forth a rally that could arrive just in time for the highly-anticipated Bitcoin Halving Event? Also Read: Ripple XRP Targets $0.60 In April as SEC Case & Halving Begin Ripple & SEC May Have Settlement Agreement at the Perfect Time For the last several years, Ripple and the SEC have been engaged in a massive court battle. The two sides have faced off with the former coming out ahead several times. Moreover, these victories have been crucial developments such as the sec urity status of its XRP token. ...

The Divided XRP Army The XRP Army, a passionate community of XRP enthusiasts, has been an influential force in promoting the cryptocurrency’s use case and potential. However, Thorp highlights a growing division within the community concerning the basis of price predictions for XRP. She noted that two distinct groups have emerged, the chart followers and utility believers. advertisement The chart followers are those who heavily relies on technical Analysis , studying historical price patterns and trends, particularly in relation to Bitcoin (BTC), to forecast short-term price movements of XRP .  People have long asked what will be the price of $XRP, when will this “utility” come? In my opinion, now more than ever I see a divided #XRPArmy! One side looking at only charts, taking cues from the past and trends that follow Bitcoin to draw short term price predictions. Whilst… — Shannon Thorp (@thorpshannon87) July 29, 2023 ...