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#sce $XRP
XRP Legal Update: SEC’s Opening Brief Due January 15

Ripple and SEC filed a joint stipulation to submit a deferred appendix for cross-appeals, due 21 days after appellee’s opening brief
SEC’s opening brief deadline is January 15, 2025
XRP price surged 11.5% to $2.82 with $11.5 billion in trading volume
Whales holding 1-10M XRP increased holdings by 37% since November 2024
JPMorgan suggests possible XRP ETF approval in 2025 with projected $8B first-year inflows
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) reached a new milestone today as both parties filed a joint stipulation regarding their cross-appeals process. Defense attorney James K. Filan announced the development, which comes as XRP’s price surged by 11.5% to reach $2.82.
The stipulation outlines the parties’ agreement to file a deferred appendix, which will be due 21 days after the appellee’s opening brief is served. This procedural move helps streamline the appeals process by allowing both sides to compile relevant documents after initial briefs are filed.
The SEC faces an immediate deadline tomorrow, January 15, 2025, to submit its opening brief in the appeal. This filing will mark the regulator’s first formal response to the 2023 court decision that required Ripple to pay $125 million in settlement charges, a sum much lower than the SEC’s initial $2 billion demand.
Market activity has intensified ahead of the brief filing, with daily trading volumes climbing 12% to exceed $11.5 billion. Data from Coinglass reveals a 21% increase in XRP open interest, while liquidations over the past 24 hours reached $14 million, with $10 million coming from short positions.
Whale investors have shown renewed confidence in XRP, with large-scale holders controlling between 1 million and 10 million tokens increasing their positions by 37% since November 12, 2024. This accumulation represents approximately $3.8 billion worth of XRP added to whale wallets over the past two months.

$XRP

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The ongoing clash between the crypto community and the SEC is more than a regulatory standoff—it's a pivotal battle shaping the future of digital finance, innovation, and freedom. The crypto industry accuses the #SCE of overregulation, ambiguity, and hostility, arguing that unclear rules hinder innovation and place legitimate businesses in legal uncertainty. Meanwhile, the SEC positions itself as a guardian of investor protection, asserting that cryptocurrencies often function as securities and must adhere to stringent regulations to prevent fraud and scams. This conflict has sparked legal challenges from major crypto companies like Coinbase and Crypto.com, as well as advocacy groups like the Blockchain Association, which argue that the SEC’s broad enforcement actions threaten to stifle the industry. At its core, the debate centers on striking a balance between fostering innovation and ensuring investor safety, making it a defining moment for the future of digital freedom and financial progress.
#XmasCryptoMiracles #CryptoETFMania

The SEC has officially approved the Bitcoin spot ETF. This news is a big piece of good news for the market. It is not a big problem to start a bull market in the middle of this year.

Therefore, in the long term and short term, 50,000 is not far away, and reaching the top again is just a matter of time. Let’s take a look at the market trend structure from today’s early trading to the present. The Asian market fluctuated downwards and the lowest pin reached 45,600 in the afternoon. Although it was a breakthrough However, the continuity did not show up at the integer mark. It quickly recovered the early losses and the currency price came to consolidate above the 46,000 mark. There was no problem with our thinking in the morning, and we continued to go long after the callback.

Thursday afternoon market analysis
From the technical structure, it can be seen from the small cycle level that the bulls are gradually recovering from the afternoon decline. The currency price is currently fluctuating around 46,000 and it is expected that there will not be much fluctuation in the short term. Technically, it will take time for the bulls to counterattack. out, the KD third line has not yet shown signs of turning upward. On the whole, it is a cooling-off period after the news is announced. It is a great benefit to pass the review. The market will not change overnight. We just need to be patient and hold it. , in the afternoon, bulls are still expected to treat it.

Operation suggestions
Go long near 45800-45900
For the target, look at the 46700-46900 range. For defense, focus on 45400. If you break the position, look at 48000. Just backhand without breaking.

The new year has begun to give back to old fans. Here we seek buoyancy for everyone. The Bowan cabin renovation plan is ready. The environment will continue to be good this year. Everyone can make their own decisions. There is no limit on singing geese! Free guidance! #BTC #etf #OP #ETH #sce $BTC $ETH $BNB