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Will XRP Lawsuit Be Dismissed?

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Ripple SEC Case: The crypto community calls for the dismissal of the long-running lawsuit and resignation of SEC Chair Gary Gensler. While former SEC lawyers have denied the odds of XRP lawsuit dismissal, Donald Trump-JD Vance administration’s policy changes and crypto regulatory clarity could help end the case.

Ripple CEO Brad Garlinghouse said he is expecting a resolution or end of the SEC lawsuit after Trump’s win. He also shared the first 100-day crypto checklist for Donald Trump, which included meeting campaign promises such as firing US SEC Chair Gary Gensler and crypto regulatory clarity.

Experts Weigh on Whether Ripple SEC Case Be Dismissed?

Ripple vs SEC lawsuit experts and lawyers have shared insights on case dismissal as President-elect Donald Trump plans major policy overhauls. The crypto industry is one of the biggest winners from Trump’s re-election to the White House as he promised crypto regulatory clarity.

David Schwartz, CTO at Ripple, blamed the U.S. Securities and Exchange Commission (SEC) for using the term “investment contract” to create chaos and confusion around securities law. He clears that the company is legally obligated to Ripple shareholders and not XRP holders. While Ripple can work around legal clarity around XRP and digital assets, the prices of digital assets don’t depend on the efforts of the company.

“The SEC has been treating all reasonable reliance as if it were a contract. They are often opposites. If you can reasonably rely on me to do something because it is in my own interests to do it, you don’t need a contract.”

Pro-XRP lawyer Bill Morgan pointed out that Judge Torres ruled programmatic sales of XRP by Ripple are not securities as it did not satisfy the third prong of the Howey test. Thus, the promotion of XRP to retail holders by Ripple will not impact XRP price.

Attorney Fred Rispoli said the Ripple SEC case can be withdrawn or settled at any time. While he believes the XRP lawsuit withdrawal is “unrealistic” though settlement seems likely.

US SEC to Target Secondary Market Sales

Former US SEC lawyer James Farrell there is absolutely zero percent chance of dismissal of Ripple, Coinbase and other litigations. He also added that if the SEC drops the XRP lawsuit appeal, it will harm the regulator to a great spectrum. The parties need to settle or confer on agreeing with $125 million in civil penalties.

The government agency will continue to target secondary market sales. The SEC has taken a new turn to file lawsuits against crypto firms for secondary sales violating US securities law.

Gary Gensler was asked to resign as the SEC Chair by American Securities Association (ASA) President Chris Iacovella. Critics say Gensler’s regulatory approach has fomented uncertainty, obstructed efficiency in the markets, and shortchanged some investor protections.

Lawyer James Murphy, better known as “MetaLawMan” revealed that historically former SEC Chair resigned from their position a week after a change in the US administration.

XRP Traders Await Price Rally to $1

XRP price is currently trading at $0.67, up over 15% in the last 24 hours. It hit a 24-hour low and high of $0.5898 and $0.7009, respectively. Moreover, trading volumes surged 166% amid the ‘Trump trade’.

As Bitcoin rally cools down on panic of crypto market crash, experts and analysts claim altcoin season amid bullish pattern breakout can trigger a rally in XRP price to $1. Open interest in XRP futures jumped 25% to $1.11 billion in the last 24 hours.

US SEC must file its opening brief regarding appeals in the SEC v Ripple Labs case by January 15, 2025, as per an order by the US Court of Appeals for the Second Circuit.

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Varinder Singh

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Dogecoin Price Chart Patterns Shows Similarities To Bitcoin In 2016, Why This Is Good

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Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016. Brandt highlighted these patterns in a recent post on social media platform X, suggesting that Dogecoin could be following in Bitcoin’s early footsteps.

Peter Brandt’s Observations On Dogecoin Price Chart Patterns

Recent interest in Dogecoin in the past 30 days has brought its price action to the forefront of the trading analysts. The majority of these analysts have highlighted many technical indicators and trading patterns that point to a continued Dogecoin price surge in the coming months. However, veteran trader Peter Brandt has offered a unique perspective that sets his analysis apart. Rather than focusing solely on indicators, Brandt compares Dogecoin’s price action to the early days of Bitcoin, particularly to Bitcoin’s cycle from 2015 to 2016, when the leading cryptocurrency was still priced below $1,000.

In his post, Brandt pointed to specific price behaviors on Dogecoin’s chart that echo Bitcoin’s structure from several years ago. According to Brandt, Dogecoin’s price has undergone phases of price bottoms and corrections that resemble Bitcoin’s patterns before its first major rally in 2017. “Does anybody see the similarities of $DOGE to the $BTC chart in 2015-2016?” Brandt said. 

According to him, the Dogecoin price action in the past year has been characterized by a blow off top, a correction via a falling wedge, a double bottom, and a complex correction following completion of the double bottom, all of which were present on the Bitcoin price chart in 2016. Notably, Brandt highlighted that Dogecoin is currently in the same position as Bitcoin was in May 2016.

Dogecoin price Bitcoin
Source: X

Why Is This Good For Bitcoin?

If anything, the way Bitcoin turned out is a good indicator of what’s in play for Dogecoin’s future.  Each of the patterns highlighted by Peter Brandt was instrumental in marking Bitcoin’s bottom and its subsequent climb toward new heights in 2017. If the Dogecoin price continues to mirror Bitcoin, we could see the meme coin going on a strong surge in 2025, much like the Bitcoin price rally in 2017. 

At the time of writing, Dogecoin is trading at $0.38, and its value has essentially doubled in the past seven days. According to the on-chain analytics platform Santiment, this Dogecoin price rally has been largely driven by retail traders. Notably, addresses holding less than 100,000 DOGE tokens have increased by 74,885 in the past four weeks, while sharks and whale addresses have reduced by 350 addresses in the same timeframe.

Although Dogecoin has corrected since it reached $0.4346 in the past 24 hours, the meme coin is starting to trend on social media again. This is due to the US president-elect Donald Trump appointing Dogefather Elon Musk and billionaire Vivek Ramaswamy to lead the newly created Department of Government Efficiency (DOGE).

Dogecoin price chart from Tradingview.com
DOGE price dumps after yearly high | Source: DOGEUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



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Expert Says Dogecoin Price Is Long Overdue For Rally To $1.5, ETFS To Reach $5, And XRP To Touch $10

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A top market expert believes the Dogecoin price is long overdue for a rally to $1.5. Amid the brewing bullish momentum in the crypto market, investors also target XRP price for a run towards $10 and the new presale token ETFSwap (ETFS) to reach $5. The bullish expert predictions for these cryptocurrencies present an opportunity for profit, but investors are focusing on ETFSwap (ETFS) for its higher profit margin and low-risk presale entry.

ETFSwap (ETFS) Could Rise To $5 To Lead Other Market Prospects

The $5 projection for ETFSwap (ETFS) beat the Dogecoin and XRP price predictions, and investors are looking to capitalize on its prospect for the best market gains in the coming bull run. ETFSwap (ETFS) is a new Ethereum-based project that aims to provide a decentralized platform for trading and investing in tokenized ETFs.

The tokenized ETFs on the emerging DeFi platform will be backed by actual ETF securities bought from traditional markets. This enables the tokenized ETFs to maintain their real-world value while offering broader on-chain use cases. The new platform also aims to list ETF assets from various industries, including energy, engineering, healthcare, and more.

These diverse options allow for smoother portfolio diversification and asset conversion compared to centralized platforms. Users will be able to swap tokenized ETFs and cryptocurrencies, crossing between both markets with ease to take advantage of opportunities as they come. Also, the new ETF platform will allow users to collateralize their ETFs for liquidity, which can be used for other market opportunities.

Additionally, ETFSwap (ETFS) will offer impressive features, including faster ETF settlements, passive income from staking, 24/7 market coverage, zero-KYC trading, lower transaction costs, and more. ETFSwap (ETFS) eliminates the limitations around trading hours, conversions, KYC requirements, and many more that exist on centralized platforms.

ETFSwap (ETFS) is set for a beta launch following its launch on Testnet, and early investors are excited to try out its amazing features. Also, the ETFSwap (ETFS) has passed the KYC audit by SolidProof, verifying the legitimacy of the project. With these crucial processes done, investors look for the best market gains possible.

Dogecoin Price Predicted To Reach $1.5 Amid Broader Bullish Market

The Dogecoin price has seen positive movement over the past month as the meme coin now attempts to break resistance above $0.2. Expert predictions target a Dogecoin price surge to $1.5, which presents about an 8x opportunity from its current price. The Dogecoin price is attempting to surpass its $0.2288 yearly high following a Donald Trump victory in the US election.

Expert insights suggest that a Trump win is viewed positively by the crypto landscape, and investors are particularly hyped for a Dogecoin price run after Elon Musk’s proposal of a Department of Government Efficiency (DOGE).

The Dogecoin price as of this writing is $0.1941, gaining over 80% in the past month. Expert analysis suggests that the Dogecoin price could be set for a $1.5 all-time high ahead amid bullish market conditions.

XRP Price Predicted To Rise To $10 Following Trump Victory

Crypto enthusiasts express excitement over a possible XRP price rally following a Trump win. Donald Trump had previously stated during his campaign that he would fire SEC chair Gary Gensler on his first day in office. While this may not mean the end of the Ripple case, expert insights suggest that the XRP price may react positively to this news.

XRP price as of this writing is $0.5504, already teasing a bullish breakout as Trump took the early lead in the US elections. The XRP price has broken out of a month-long consolidation since the SEC filed appeal documents against the final court ruling in the Ripple – SEC case. Expert analysis suggests XRP could launch a rally towards $10 in the long run amid positive expectations from the new US administration.

Conclusion

A potential rally to $5 for ETFSwap (ETFS) presents an opportunity for about 100x profits from its current presale price of $0.05769. The new presale coin is set to outperform the expert Dogecoin or XRP price predictions, especially amid the brewing narratives around ETFs and real-world assets.

Having concluded its presale rounds, ETFSwap (ETFS) opened a bonus presale round at $0.05769 per token, offering a final opportunity to investors who missed their chance. Don’t miss out on this cheap opportunity for life-changing profits.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community



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HIPPO Price Rockets 65% As Binance Lists Sudeng, Rally To Sustain?

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Sudeng (HIPPO) and X Empire prices witnessed phenomenal gains on Wednesday, nabbing the attention of crypto market enthusiasts globally. As the crypto exchange giant Binance unveiled futures listing for the mentioned cryptos, a bullish market bubble appears to have swallowed the tokens. Meanwhile, traders also appear to have reacted positively to the listing announcement, given the one of the coin’s intraday trading volume soared 102% at the time of reporting.

Binance Unveils HIPPO & X Perpetual Contract Sparking Optimism

According to an official Binance announcement dated November 13, the crypto exchange is listing HIPPO USD-Margined perpetual contract today at 12:30 UTC. Per the listing announcement, users on the platform can enjoy up to 75x leverage trading the asset. Meanwhile, the exchange also revealed that it will support Multi-Assets mode for the asset.

Further, the announcement also revealed that the exchange is adding X Empire (X) futures contract (1000XUSDT) in an effort to enhance trade offerings for users. The platform’s colossal user base remains poised to enjoy 75x leverage trading the asset, starting on the same date and time. Overall, the listings by one of the top crypto exchanges has sparked significant investor intrigue amid a bullish crypto market as it paves the way for further trader interaction with the assets. In turn, market watchers are eyeing a bullish impact on prices as more money flows into the tokens’ ecosystem.

How Are The Listed Coins Performing?

At press time, HIPPO price witnessed a 66% uptick in value and is now trading at $0.02119. The coin’s intraday low and high were $0.01075 and $0.02453, respectively. Notably, the token’s intraday trading volume also witnessed a 102% surge to $106.68 million at the time of reporting.

Simultaneously, X price gained 1% in light of the futures listing to trade at $0.0003148. The coin’s 24-hour low and high were $0.000211 and $0.0003618, respectively. Intriguingly, the listed tokens’ rising actions have sparked market intrigue over future performances, as Binance’s previous listings had a bullish impact.

Notably, PNUT and ACT prices witnessed phenomenal gains as the same exchange unveiled spot listings for the tokens. The exchange listed the token in ACT/USDT and PNUT/USDT trading pairs. Overall, this past chronicle brings significant attention to the aforementioned listings. Crypto market participants continue to monitor the tokens for further price action shifts.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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