Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has recently submitted a letter to the U.S. Securities and Exchange Commission (SEC) demanding clarity and differentiation between crypto tokens and investment contracts. While addressing SEC’s Crypto Task Force, headed by Commissioner Hester Peirce, Alderoty argued that most fungible crypto assets won’t qualify as securities under the existing laws. Ripple CLO Demands Crypto Regulatory Clarity In his SEC letter, Alderoty cited the ‘The Ineluctable Modality of Securities Law’ paper by Lewis Cohen, stating that an investment contract requires a legal relationship between a buyer and a seller. However, this is not necessary in the secondary market transactions of the crypto market, he said. In the ongoing SEC vs Ripple lawsuit, the Ripple CLO also pointed out the ruling by Judge Torres where XRP was deemed not a security in secondary sales, although the earlier institutional sales met the criteria for investment contracts. While… Read More at Coingape.com
Just days before Coinbase launched CFTC-regulated XRP futures on its U.S. derivatives platform, the Oregon Attorney General filed a lawsuit against the company, claiming that 31 cryptocurrencies sold on Coinbase — including XRP, UNI, LINK, AAVE, and MKR — are unregistered securities.
This lawsuit goes way further than the SEC’s original complaint, which listed 13 tokens. The Oregon case expands that number to 31, calling them “crypto securities” and alleging they were offered and sold as investment contracts through Coinbase and Coinbase Prime.
What’s raising eyebrows is the inclusion of XRP, especially since Coinbase delisted the token shortly after the SEC sued Ripple in December 2020, and didn’t relist it until after the July 2023 summary judgment from Judge Torres. In that ruling, Judge Torres stated that XRP itself is not a security, a key detail the Oregon complaint does not appear to acknowledge.
Days before Coinbase’s CTFC regulated XRP futures goes live on Coinbase Derivatives the Oregon AG files a complaint that alleges XRP sold on the Coinbase platform and Coinbase prime is a ‘crypto security’ ignoring that Coinbase delisted XRP from those platforms and did not allow… https://t.co/cS0WTLqozUpic.twitter.com/xnc3fQjAxc
This legal action arrives at a pivotal time for Coinbase, as the exchange recently launched XRP futures trading for U.S. customers through its CFTC-regulated derivatives platform on April 21, hinting at renewed confidence in the regulatory status of the token.
The lawsuit has sparked fresh debate over the legal classification of digital assets in the U.S., as regulators and state officials continue to take different positions on what defines a security in the crypto space.
The post XRP Among 31 Tokens Targeted in Oregon AG’s Latest Lawsuit appeared first on Coinpedia Fintech News
Just days before Coinbase launched CFTC-regulated XRP futures on its U.S. derivatives platform, the Oregon Attorney General filed a lawsuit against the company, claiming that 31 cryptocurrencies sold on Coinbase — including XRP, UNI, LINK, AAVE, and MKR — are unregistered securities. This lawsuit goes way further than the SEC’s original complaint, which listed 13 …
Crypto prices are down today due to the rising tensions in the Middle East. XRP fell to $2.16, while Cardano (ADA) and Solana (SOL) dropped over 1%. Ethereum (ETH) also dipped 0.7%, giving up its recent gains.
XRP is trading around $2.159, down 0.3% today, after failing to hold above the $2.30 resistance zone. After a rally to $2.35, sellers regained control, and pushing the price back toward $2.11.
Earlier, XRP had surged above $2.40, exciting traders and fueling hopes of a breakout. But the rally didn’t last. The price fell back near $2.15, turning what looked like a bullish breakout into a fakeout. The brief spike was driven by whale activity, hopes of an SEC settlement, and strong sentiment, but the momentum faded soon.
XRP Stuck in a Tight Range, Will It Revisit Lower Levels?
Now, XRP is stuck in a narrow range between $2.00 and $2.50. Analysts say a breakout above $2.50 could target $3.50, but if the price drops, it could fall to $1.85 or even lower. Technical indicators like MACD are showing selling pressure. XRP is forming a symmetrical triangle, which often precedes a major move, up or down.
To regain momentum, XRP must reclaim $2.206 and break through resistance around $2.18–$2.21. A successful push above $2.236 could open the way to $2.35 and beyond. But if it slips below $2.113, XRP could revisit support levels at $2.02, $1.92, and even $1.83.
Over the past month, XRP has traded between $2.05 and $2.40. Several analysts say the current setup resembles the 2017 price action, which led to a massive breakout to all-time highs.
XRP’s 2017 Setup Repeating?
XRP has been consolidating between $1.90 and $2.90 for nearly 200 days. Analysts like see similarities to the 2017 triangle pattern that led to a 1,300% rally. With an even longer consolidation this time, a similar rally from the $0.63 breakout zone could push XRP to $8–$10.
Analyst Dark Defender believes XRP is nearing a crucial breakout point. Patterns like the cup formation, trendline squeezes, and Fibonacci levels are aligning. Tightening moving averages also suggest a big move is coming. His short-term targets are $2.22 and $3.61, with support at $2.07.
The post XRP Price Won’t Dip Below $2, Here’s Why appeared first on Coinpedia Fintech News
Crypto prices are down today due to the rising tensions in the Middle East. XRP fell to $2.16, while Cardano (ADA) and Solana (SOL) dropped over 1%. Ethereum (ETH) also dipped 0.7%, giving up its recent gains. XRP is trading around $2.159, down 0.3% today, after failing to hold above the $2.30 resistance zone. After …
Last year, BONK and BlockDAG (BDAG) performed tremendously and created generational wealth for many investors. From January 1, 2024, to the peak of the November rally, BONK provided a net 345% return, and BDAG was 2024’s most successful presale, raising over $250 million.
Now, experts are backing the latest AI-driven project, Unilabs (UNIL), speculating it can replicate BlockDAG’s success and provide higher returns than BONK by the end of 2025. In its first week, Unilabs has surpassed $30 million in assets under management, and the UNIL presale has already amassed $425,000, setting new records for token demand in presale.
BlockDAG: Redefining Scalability With EVM and DAG Architecture
BlockDAG is an adaptive blockchain protocol with robust EVM (Ethereum Virtual Machine) capabilities. The project follows Bitcoin’s core principles but introduces the scalability of EVM chains to push the performance boundaries.
The platform merges fast DAG technology with proof-of-work architecture to facilitate the processing power needed to execute thousands of transactions each second. BlockDAG’s large mining community, Tap-to-Earn rewards, and beta testnet launch add to investor appeal.
The BDAG presale is near its end, and the early investors who have made a significant profit are now transferring capital to the Unilabs (UNIL) presale to make similar returns again and multiply their profits.
BONK Rallies After Deep Correction: How High Will It Reach?
After its massive rally last year, the Solana meme coin BONK entered an extended correction and dropped with considerable momentum in a declining wedge pattern, reaching a new multi-year low at $0.000009 on March 11.
Image courtesy: TradingView
The wider market recovery allowed BONK to break out from the upper trendline of the falling wedge. The price retested the upper trendline on April 7, and in the 39 days since, it has surged over 130%, giving rise to a new uptrend.
A few days ago, BONK attempted a breakout from the bullish pattern but failed and has pulled back to the previous swing high. At press time, it trades at $0.00002131, with strong immediate support near $0.00002.
Despite the pullback, the MACD and RSI indicate increasing bullish sentiment, and a move past the $0.000024 resistance could fuel the BONK price rally to a target of $0.000036. Regardless, investors prefer Unilabs as its presale offers steady returns that can outperform in the long run.
Unilabs (UNIL): Unlocking AI-Automated Fund Investing
Investors are moving funds from BlockDAG and BONK to the Unilabs presale in search of better and sturdy returns. This massive inflow has made UNIL the fastest rising presale this season, raising nearly $400K within a week.
Unilabs attracts investors not only with its lucrative returns but also with the impressive technological innovation of its next-generation AI-fund manager. The platform offers four main DeFi fund baskets: BTC, RWA, AI, and Mining, each holding a range of emerging and high-potential altcoins.
The AI has been trained to find trends and patterns using historical market data. It carefully assesses tokenomics, sustainability, risks, and background checks, and adds the assets with the best expected returns to the respective baskets. The profits are completely transparent and are distributed periodically as dividends and yields.
Users can also earn passive income with Unilabs’ referral scheme, which offers exciting rewards to those who help expand the community. The referral rewards are distributed from a share of the platform’s revenue in the form of UNIL tokens, which are also available to purchase in the live presale.
In presale stage two, UNIL is priced at $0.0051, reflecting a 21.5% surge from the stage one price of $0.004. As the presale reaches further stages, the price will continue to rise, providing the most compounding returns to the earliest investors.
Conclusion
While BlockDAG and BONK gave remarkable results in 2024, Unilabs’ growing momentum highlights its potential to flip these two giants in this year’s bull market. Timing is the most important thing in crypto, which is why this is the right moment to acquire UNIL, which sells for a discounted price in presale.
The post Unilabs (UNIL) Could Outperform BlockDAG and BONK After Smashing $30M Milestone in Assets Managed appeared first on Coinpedia Fintech News
Last year, BONK and BlockDAG (BDAG) performed tremendously and created generational wealth for many investors. From January 1, 2024, to the peak of the November rally, BONK provided a net 345% return, and BDAG was 2024’s most successful presale, raising over $250 million. Now, experts are backing the latest AI-driven project, Unilabs (UNIL), speculating it can …
Crypto (@MikybullCrypto) 
