XRP News Today: SEC v Ripple Case Developments Dominate Amid Bitcoin Rally

The outcome of the SEC v Ripple case will warrant investor attention. However, the SEC has several cases ongoing against crypto exchanges for selling unregistered securities. SEC v Coinbase (COIN) is the most high-profile case, the outcome of which may have more impact on the US digital asset space.

However, the SEC is unlikely to accept losses against crypto firms. With deep pockets, the SEC can appeal each loss in the courts.

SEC plans to appeal the Programmatic Sales ruling leave XRP below the $0.70 handle. XRP last visited the $0.70 handle in December 2023.