Ripple News: John Deaton Calls XRP a Cockroach, that Cannot Be Killed

John E. Deaton, a crypto legal expert and amicus curiae for blockchain company Ripple, claims that XRP is the most resilient cryptocurrency, capable of surviving anything. Deaton made this statement on Twitter after a recent CoinDesk report covering XRP's dominance in Korea's top exchanges.

Timeline of Xrp

As the courtroom battle between Ripple and the United States Securities and Exchange Commission (SEC) continues to grab the attention of the crypto community, as well as the world, a legal expert and amicus curiae for the blockchain company, John E. Deaton, shared an explanation of one of the most important legal terms referring to the case, as well as his views on the ruling deadline.

Crypto News: The United States Financial regulators, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) has been alleged for their regulatory overreach around the digital asset industry. However, the crypto leaders have even stated that the U.S. might lose several crypto firms due to regulatory clarity.

XRP Price Prediction: Defying the widespread uncertainty in the crypto market, the XRP price showed an explosive rally in the latter half of March. During this period, the altcoin registered 57% growth as the prices rallied from the $0.357 low to a monthly resistance of $0.56.

Ripple's price has surged in recent weeks, following a breakout above the significant $0.43 resistance level. However, it may be too early for the bulls to celebrate the end of the bear market, as warning signals are emerging.

Crypto lawyer and XRP supporter John Deaton is giving his take on when Ripple's legal tussle with the U.S. Securities and Exchange Commission (SEC) could end. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security.

The Ripple price analysis is showing signs of bullish activity, as the bulls have returned to the price charts. The price went down during the few hours of the session as it dropped from $0.5256 to $0.5035, but then the buyers came back with their bullish momentum and pushed the price back up toward $0.5223.

Former director of developer relations, Matt Hamilton, has challenged popular YouTube blogger Mark Moss on the subject of XRP and Bitcoin (BTC). Moss initially questioned the bullish thesis of the XRP community, tied in his view to the theory that the cryptocurrency would be in demand as it "helps banks transfer money faster.

The Coreum blockchain has released an official report of its mainnet airdrop on March 24, 2023. The Coreum project achieved a significant milestone on March 24, 2023, with the launch of its mainnet and an airdrop campaign.

Ripple (XRP) is a cryptocurrency that is designed to facilitate fast and cheap cross-border money transfers. It is the native token of the Ripple network, a decentralized payment protocol that is designed to connect banks, payment providers, and digital asset exchanges.

Ripple [XRP] has been powerfully bullish in March as speculators seemed to bet on a positive outcome in the SEC verdict. The XRP Ledger [XRPL] continued to see good performance as it averaged over 1.4 million transactions a day since 19 March.