XRP Price Prediction as $1 Billion Trading Volume Comes in – XRP to the Moon?
Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Investors remain uncertain about the ongoing  ;Ripple vs. SEC battle, so the XRP price prediction remains neutral. Jake Chervinsky, Executive Vice President and Head of Policy at Blockchain Association, Advisor at Variant Fund, and Board Member at DeFi Education Fund remarked that the opinions of the US SEC are "wrong as a matter of law and policy." Recalling that on 22 December 2020, the SEC "filed a case against Ripple Labs Inc. and two of its executives, who are also significant security holders, charging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering"? The SEC is now suing Ripple, and yesterday, the Blockchain Association filed an amicus brief supporting a correct interpretation of Howey. According to the Blockchain Association: "t...