Ripple is pushing back on the U.S. Securities and Exchange Commission’s (SEC) efforts to secure a certification for an immediate appeal on the recent landmark lawsuit ruling that went against the regulator.

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The XRP price increased by 35% within 45 minutes subsequent to a large correction after Coinbase suspended XRP trading.

The legal battle between Ripple and investors continues to poodle ahead. The latest development is a filing by the San Francisco-headquartered blockchain payments firm asking the court to dismiss the fraud charges put forward by the plaintiff on the account of lack of evidence to support the said claims.

Ripple CEO, Brad Garlinghouse has declared that the novel COVID 19 is a favor to some Ripple’s customers and XRP token. The CEO made this observation during the 20th episode of Ripple Drop yesterday, June 23.

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Ripple’s XRP (XRP) continues to attract buying interest from larger investors. The fifth largest cryptocurrency by market capitalization saw an inflow of funds for the 16th consecutive week, according to a report tabled by digital assets investment firm CoinShares. XRP products have seen assets under management (AUM) balloon by 127% since the start of 2023 the report noted, largely attributed to favorable developments in the drawn-out Ripple Labs vs. the U.S. Securities and Exchange Commission (SEC) legal battle.

Cryptocurrency-based payments service provider Ripple is expanding its presence in the Middle East and North Africa (MENA) region. Al Baraka Islamic Bank (AIB), a Central Bank of Bahrain licensed Islamic bank, has signed onto SADAD Bahrain, a leading payments gateway channel in Bahrain that is Ripple-enabled.

Ripple co-founder Chris Larsen slams SEC and Gensler, defines XRP case boundaries

Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform.

Bitcoin, ethereum, XRP and other major cryptocurrencies have been reinvigorated this year (with a game-changing China earthquake on the horizon).

Ripple President Monica Long says the recent outcome of the company’s legal battle with the U.S. Securities and Exchange Commission (SEC) has given the payment firm “clarity” on how it can operate its business in the future.

XRP’s price has been performing relatively well for the past few days. The cryptocurrency finally managed to crack above the coveted psychological and technical resistance level at $0.50, and some traders have already turned bullish for the short term.

Fintech giant Ripple has transferred $15 million worth of XRP to Bitstamp after receiving anonymous transfer of 100 million XRP; here's who sent it

Blockchain behemoth Ripple continues moving tens of millions of XRP to Bitstamp exchange

Ripple said that it plans to fight the ongoing lawsuit with the U.S. Securities and Exchange Commission “all the way through,” its president Monica Long told CNBC.

Ripple won a landmark decision against the Securities and Exchange Commission this summer when a federal judge ruled its sale of XRP tokens did not, in most cases, amount to a securities offering. The ruling was a major victory for both the company and the crypto industry—but it did not come cheap.

The Ripple community is currently at the edge of their seats after the company’s founder and CEO made announcements to officially host a party to commemorate the cryptocurrency’s triumph against the US SEC.

David Schwartz believes the U.S. legal system is looking more skeptically at SEC cases against various cryptocurrency industry participants.