BREAKING
352d 14h ago

Ripple’s Legal Battle Heats Up: SEC Deadlines Loom Ahead of Key April Court Dates

XRP

XRP/USDT

$1.4427
-9.94%
24h Volume

$3,345,132,870.75

24h H/L

$1.6122 / $1.4179

Change: $0.1943 (13.70%)

Long/Short
76.4%
Long: 76.4%Short: 23.6%
Funding Rate

+0.0063%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4328

-5.24%

Volume (24h): -

Resistance Levels
Resistance 3$1.6824
Resistance 2$1.56
Resistance 1$1.4554
Price$1.4328
Support 1$1.4179
Support 2$1.2978
Support 3$1.079
Pivot (PP):$1.4554
Trend:Downtrend
RSI (14):22.2

Recent reports indicate that the SEC is strategically focusing on cases with imminent court deadlines, shedding light on the absence of suspension requests in key regulatory cases like Ripple and Kraken. Specifically, Ripple faces a crucial court deadline on April 16, while Kraken’s critical date is set for March 31. Other notable timelines include Binance, whose proceedings have been rescheduled to April 14, and Lejilex, with a deadline of April 11. Furthermore, the SEC and Coinbase have mutually agreed to delay the deadline, which permits the SEC to respond to Coinbase’s interim appeal by March 14. It appears that the SEC leadership is preparing for the potential confirmation of Paul Atkins, a nominee from the Trump administration, as chairman, which could influence regulatory approaches. During this critical juncture, the Congress and the Presidential Working Group on Digital Assets are likely to address regulatory deficiencies that contributed to these legal actions.

Share News:
Don't Miss Breaking News