Reading Between the Lines of Ripple/SEC’s Joint Request to Halt Case
- Ripple/SEC joint request strongly signals settlement is being finalized now
- Landmark XRP case likely nearing imminent end; SEC approval still needed
- April 16 deadline adds pressure, matches expert predictions of resolution soon
Ripple Labs Inc. and the U.S. Securities and Exchange Commission have jointly asked the court for a pause in their legal case signaling that both sides are working to finalize a settlement agreement.
A joint motion filed on April 10 with the U.S. Court of Appeals for the Second Circuit details their plan to resolve all outstanding court actions, including the SEC’s appeal and Ripple’s own cross-appeal. This development follows years of legal contention regarding whether Ripple’s XRP sales violated federal securities laws.
Why Did Ripple and the SEC Ask to Pause Their Court Case?
According to the court filing, Ripple, company executives Brad Garlinghouse and Christian Larsen, and the SEC have agreed in principle to conclude the case, pending formal approval from the Commission.
However, this agreement still requires formal approval from the SEC Commission itself. The document states that additional time is needed to obtai…
The post Reading Between the Lines of Ripple/SEC’s Joint Request to Halt Case appeared first on Coin Edition.
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Pepe Coin: AI Predicts PEPE For Mid April 2025
Pepe Coin’s (PEPE) entry into the cryptocurrency market was quite iconic. Among the thriving canine-themed community, the debut of a frog-themed meme coin was a game-changer. The market welcomed the meme coin in a great way and PEPE recorded a massive surge in its price. Since its launch in 2023, the asset has surged by 63158962.87%. While most coins fade away, PEPE managed to enter the top 40 and safeguard its position. Currently, the asset is the 31st largest cryptocurrency in the market.
Also Read: Nike (NKE) Stock Down 69 From ATH%: Buy The Dip?
How High Did PEPE Surge In The Past 24 Hours?
Over the past 24 hours, the price of the meme coin rose by 5.38%. At the time of writing, the asset was trading at $0.000006715. While most assets had a challenging time during the past month, PEPE managed to rise by 13%.
The asset hit an all-time high of $0.00002825 about four months ago. The meme coin closed 2024 on a bullish note. Currently, PEPE is trading 76% below this peak. This isn’t a cause for concern, as most assets are enduring a similar fate. The volatile nature of meme coins is often considered a boon. But when the asset moves downwards, it could cause chaos in the market.
Also Read: Dogecoin ETF Race Heats Up: Can It Push DOGE Back to $0.4?
A Bullish April Underway?
According to data from CoinCodex, the short-term prediction for PEPE was rather bullish. The firm revealed that during mid-April, the meme coin will record a triple-digit spike in its price. The asset will surge to a high of $ 0.00001435 following an increase of 113.89%. On April 15, the asset will be priced at $ 0.00001385, which is again a major spike from its current price level. This potential uptick will come as a much-needed respite for PEPE holders.
Also Read: Cardano ADA: How High Can it Go If Bitcoin Hits $250,000?
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