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#SUI🔥 The live Sui price today is $4.43 USD with a 24-hour trading volume of $1,018,594,058 USD. Sui is down 3.74% in the last 24 hours. The current CoinMarketCap ranking is #13, with a live market cap of $13,320,868,875 USD. It has a circulating supply of 3,009,569,342 SUI coins and a max. supply of 10,000,000,000 SUI coins.

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In the ongoing legal battle between the SEC and Ripple, a new development has emerged. Better Markets Inc., a nonprofit organization, has filed an amicus brief in support of the SEC. For context, the SEC has appealed the 2023 ruling, arguing that Judge Torres made errors when deciding that certain sales of XRP on digital asset exchanges were not securities. To summarize the SEC’s position: they believe the judge wrongly ruled that these "programmatic sales" of XRP were not securities. The SEC argues that these sales should have been considered securities, as they were conducted through exchanges, even though the buyers didn’t directly purchase from Ripple. Attorney Jeremy Hogan took to social media and said that Better Markets’ amicus brief seems to misunderstand the trial judge’s ruling. The judge didn’t rule that XRP sales on exchanges weren’t securities because the buyers didn’t purchase directly from Ripple. Instead, the judge found that these transactions were "blind bid/ask" sales, meaning buyers couldn’t know if they were buying from Ripple or another seller. This meant the buyers couldn’t rely on Ripple to increase the price, which was a key factor in the judge’s decision.

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#Xrp🔥🔥 XRP’s symmetrical triangle breakout above $3.18 suggests bullish momentum. Targets include $5 and $14.54, with key levels at $2.10 and $1.60.

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Meanwhile, Ripple Labs’ token XRP has reclaimed unseen price levels in recent months. This comes on the backdrop of Donald Trump’s election victory in November. Since then, XRP has experienced an over 300% price spike that saw it reach a seven year high of $3 on January 15, 2025. According to market analyst on X CaptJackTurner, the Relative Strength Index (RSI) sits at 64.68. This places XRP in a neutral to slightly overbought range, suggesting potential for further gains if resistance levels are breached.

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#Xrp🔥🔥 The Chicago Mercantile Exchange (CME) Group is preparing to introduce futures contracts for XRP and Solana (SOL). According to a staging subdomain of the CME Group’s website, the new futures products are set to launch on February 10, pending regulatory approval. These new contracts will offer traders an opportunity to manage exposure to two prominent cryptocurrencies. It’ll be through regulated and capital-efficient futures products. The futures contracts will be financially settled and available in standard and micro-sized contract options. It’ll allow flexible and precise risk management.

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Ultimele știri

Jump Trading Sues Former Engineer Over Alleged Breach Of Non-Compete Agreement

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Bank Of Japan Raises Interest Rates To Highest Level Since 2008

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BNB Drops Below 680 USDT with a 1.57% Decrease in 24 Hours

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Brazil's Former President's Social Media Account Allegedly Hacked to Promote Token

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USDC Market Cap Rises Significantly Since U.S. Election

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