Hi Guys,
It's Big & Big #alert About $XRP Price !!
XRP Price Ahead Of SEC’s Deadline To File Its Reply
Magistrate Judge Sarah Netburn has set a deadline for the Securities and Exchange Commission (SEC) to file its reply in the ongoing legal dispute with Ripple Labs.
The SEC’s response, due by April 29, 2024, follows Ripple’s motion to dismiss the SEC’s expert submissions aimed at strengthening its case.
Meanwhile, Ripple is given a timeline of three business days to file their response with the SEC. Notably, this scheduling update comes amid Judge Netburn’s recent nomination as District Judge in the Southern District of New York, maintaining her oversight of the case.
However, despite the massive whale accumulation, the XRP price failed to maintain an upward momentum amid a broader crypto market selloff. For context, the overall crypto market, along with the major cryptos like BTC, SOL, SHIB, and others, have witnessed a sharp decline today.
As of writing, the XRP price was down 2.25% and traded at $0.5142, while its trading volume fell 27% to $959.03 million. Notably, the crypto has touched a high of $0.5294 and a low of $0.5104 in the last 24 hours, reflecting the highly volatile scenario in the market.
