XRP Price Prediction as Trading Volume Blasts Past $1 Billion How High Can XRP Go?
The XRP price prediction remains neutral as investors remain uncertain about the ongoing Ripple vs. SEC battle. James K. Filan has reported that the SEC has taken no stance on applications to file amicus briefs by Philip Goldstein, Investor Choice Advocates Network (ICAN), and SpendTheBits in the ongoing Ripple dispute.
In place of that, Filan imposes a single stipulation. The SEC wants to be allowed to file a reply brief in support of its motion for summary judgment on November 15 in case the motion is granted.
Phillip Goldstein, SpendTheBits, and the International Cryptocurrency Action Network have all said that they plan to file amicus briefs in support of Ripple in the ongoing dispute. According to SpendTheBits, Bitcoin transactions on XRP take only five seconds.
Some people, both inside and outside the crypto community, have been making predictions based on the current state of affairs since things started to take shape.
According to recent events, the SEC gave final approval to the Amicus Curiae after initially expressing numerous objections to it. The SEC informed District Judge Analisa Torres of this in a letter, as detailed in a tweet.
An amicus curiae is a third party who is not a party to the case but is granted access to court documents in order to provide information on the disagreement. Some XRP holders and businesses have come forward with information about cryptocurrency. These specifics are needed to ascertain whether or not XRP was promoted and sold by Ripple as a security.
The current XRP price is $0.464, and the 24-hour trading volume is $1.7 billion. CoinMarketCap now ranks #6 with a live market cap of $23 billion. It has a total quantity of 100,000,000,000 XRP coins and a circulating supply of
Read more on cryptonews.com
