Ripple Could Gain A New Ally Against The SEC, BitBoy

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	31,551,237,507	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

31,551,237,507

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0387	7.20%	0.5765	0.5764	0.5765

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0387

7.20%

0.5765

0.5764

0.5765

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.5946	0.5326	0.538	0.5378	0.382490 - 0.852600

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.5946

0.5326

0.538

0.5378

0.382490 - 0.852600

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	23:38:25	120.16	0.5765	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

23:38:25

120.16

0.5765

USD

Price x Volume	Volume	Base Symbol	Related Pairs
117,347,787.20	207,098,458.05	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

117,347,787.20

207,098,458.05

Ripple Could Gain A New Ally Against The SEC, BitBoy

05/05/2023 5:30pm

NEWSBTC

Crypto influencer Ben Amstrong, alias Bitboy, has dropped a hint regarding the ongoing XRP lawsuit. The influencer asserted that Ripple and XRP could get a new ally in the ongoing SEC lawsuit. Following Bitboy’s assertion, the potential ally is the largest US-based crypto exchange, Coinbase, which recently filed a petition against the SEC. Bitboy’s revelation follows a meeting between the chief legal officers of Ripple and Coinbase, Stuart Alderoty and Paul Grewal. Recent Events Hint At Potential Coinbase And Ripple Alliance Coinbase has been at cross-chairs with the SEC over the regulator’s approach to crypto regulation. This issue led Coinbase to sue the SEC in response to a Wells notice from the regulator alleging securities law violation. Related Reading: Bitcoin On-Chain Transactions Reach New Heights, What’s Fueling the Surge? Stuart Aderoty’s remark in response to Coinbase’s fight against the SEC led many to believe the two firms might align against the regulator. The recent statement by Bitboy and the meeting of the two lawyers further confirm these speculations. Although the specifics of the meetings remain unknown, both lawyers seemed excited about it. Grewal confirmed this by saying that they need to meet more often. More so, Stuart Alderoty expressed his gratitude, adding that Ripple’s legal team spent time discussing with Grewal. This statement suggests the meeting was professional and involved Ripple and Coinbase, not just a chance encounter. Why This Alliance May Be Imminent Due to the scarce information about the meeting, the XRP community began speculating on an alliance between the firms. John Deaton, commenting on the meeting between the two attorneys, noted that survival in the US regulatory atmosphere could require a team-up with one’s enemy. Related Reading: Why Is Bitcoin And Crypto Up Today? The alliance speculations follow advice from prominent personalities like US congress candidate January Walker and attorney John Deaton. These two have urged the crypto community to team up and fight against the SEC’s regulatory war on cryptocurrencies. Coinbase’s recent lawsuit against the SEC asking the regulator for clear regulatory guidelines excited the XRP community and the broader crypto industry. Moreover, Alderoty’s remark, “the enemy of my enemy is my friend,” shortly after Coinbase confirmed the Wells notice hinted at a potential alliance between both firms. Featured image from Pexels and Chart from TradingView.com

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XRPUSD Ripple