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The U.S. Securities and Exchange Commission (SEC) has officially acknowledged the applications for XRP exchange-traded funds (ETFs) submitted by multiple asset management firms, including CoinShares, Canary Capital, and WisdomTree. Ripple emerged from legal difficulties due to SEC securities allegations after a prolonged struggle following the lawsuit in 2020. After the SEC’s lawsuit, Ripple escaped legal difficulties and XRP evolved to become an operational platform. The SEC’s lawsuit forced Ripple to encounter major obstacles that led to exchanges Coinbase and Binance blocking XRP trading . Ripple succeeded in winning legal battles against its challenges despite facing major obstacles. The XRP digital token met clarity from Judge Analisa Torres who recognized it as exempt from security regulations. The legal breakthrough enabled The court under Judge Torres established in 2024 that retail XRP purchases by Ripple were separate from their institutional deals. New regulatory developments changed the status of XRP while making it more acceptable within this space. Lawyer John Deaton noticed that the recent court victories of Ripple combined with Donald Trump’s projected win in the 2024 presidential election transformed the XRP market environment positively. Ripple’s favorable outlook with its token results from Trump’s crypto-friendly position and changes in SEC regulatory practices. Major asset management firms received important approval from the SEC to file XRP ETF applications which represents an essential strategic step for Ripple. The filing of numerous regulation 19b-4 applications at CBOE and Nasdaq exchanged after Grayscale suggested converting its XRP Trust into an ETF generated this recognition. Ripple community members believe XRP has gained legitimacy as an investment tool after the SEC became more receptive to XRP ETFs. The cryptocurrency faces a promising turn in its future development because of ongoing progress within regulatory areas. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Alot of people blow their accounts due to this shit coin i told you guyz if price go up after 4.60$ then 10000% its a shit scam coin . Before place a short a position i set my stop loss above 5$ thats why im not sad then i see price touch 9$ and dump to 8$ i opened a short position real quick i made almost 2000% profit within 5 mins. Never loss hope everyone remember you are in trillions $ market. If you win another one lose another one lose you win thats it

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Ethereum Foundation looks to hire 'social media manager' in latest bid to win back community approval

w have nothing to lose as pi has given us the coins for free. so we are in win win situation.. will sell my coins at my wish and my price..