XRP Gains While Top Crypto Bleeds;

XRP News: The global digital asset market recorded a slight downturn on Monday after witnessing a massive surge amid the ongoing banking crisis. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices registered a decline of around 2% each.

Timeline of Xrp

Crypto News: As the U.S. Securities and Exchange Commission (SEC) continues to regulate the digital asset industry through enforcement, the nation's Supreme court will hear the first ever crypto related case. However, XRP holders' lawyer has drawn his prediction around the lawsuit where US SEC might not have a good time.

In its legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple Labs yesterday filed a Letter of Supplemental Authority to further bolster its fair notice defense. As legal experts had already suspected, Bitcoinist reported, the letter refers to Judge Michael Wiles' ruling in the Voyager bankruptcy case.

XRP Lawsuit News: Defendants Ripple labs Inc, Brad Garlinghouse, and Chris Larsen submitted their notice of supplemental authority which they claim is relevant to their opposition to the US SEC's Motion for Summary Judgement. The new filling in the long running legal tussle is one of the last attempts utilized by defendants to avert the The post XRP Lawsuit: Ripple Executives Might Escape Trials But Fair Notice Cannot appeared first on CoinGape.

XRP is one of the major tokens in the crypto space and hence is believed to kick-start a fine upswing very soon. As the Bitcoin price kicked off a notable upswing and formed highs beyond $28,000 recently, the speculations of the star crypto hitting a million began to loom over the markets.

Ripple Labs has filed a new supplemental authority notice in the ongoing lawsuit against the US Securities and Exchange Commission (SEC) over the classification of XRP as a security.

XRP Price Prediction: defying the recent recovery phase in the crypto market, the XRP coin price has witnessed a sustained downfall for nearly two months under the influence of a falling wedge pattern. The altcoin bounced off the pattern's converging trendline multiple times indicating the traders are strictly respecting this pattern.

The number of whales on the $XRP Ledger has recently grown, at a time in which large investors have been aggressively accumulating the cryptocurrency, presumably anticipating a favorable outcome in the legal battle between Ripple and the U.S. Securities and Exchange Commission.

XRP SEC Lawsuit News: Ripple Labs on Monday filed a new supportive notice in the popular crypto market XRP Vs SEC lawsuit to Judge Analisa Torres of the US District Court Southern District of New York. This is in continuation to Ripple's fair notice defense.

XRP whales are becoming more active once more as the crypto market picks back up. They seem to have taken advantage of the small decline in prices to load up their bags over the last month, leading to a significant uptick in the number of tokens they hold on their balances.

Despite the recent rally in the global crypto market capitalization, Ripple's native token XRP remains stagnant at around $0.38. Recent on-chain data reveals that XRP whales have entered a selling frenzy, offloading nearly 30 billion tokens in the past week.