SEC says judge's ruling that $XRP is not a security was wrong.

[Emon]

📣SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit.

➡️According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security.

➡️Source: https://cointelegraph.com/news/sec-hints-at-potential-appeal-to-xrp-ruling-from-ripple-labs-lawsuit?utm_source=Telegram&utm_medium=social

[Bash4j]

Accusing federal judges of being wrong in their decisions doesn’t really bode well for more cases being decided that the SEC is directly involved in. As it stands, we believe $XRP is not a security, exchanges relist and retail finally gets to load back up on the asset. With regulatory compliance exchanges like Bitget, OKX, and Bybit I'm still Bullish on $XRP .

[Maxicreed01]

I feel SEC may be over flogging this issue. It's more than three years and XRP continues to prove them wrong. Personally I am disturbed with their activities not just against XRP but Blockchain and cryptocurrency. This lingering case has obviously affect the price action of XRP. 

I remains optimistic and I'm glad those that got it delisted have seen reasons to re-list it. 

[Emon]

7 hours ago, Maxicreed01 said:

I feel SEC may be over flogging this issue. It's more than three years and XRP continues to prove them wrong. Personally I am disturbed with their activities not just against XRP but Blockchain and cryptocurrency. This lingering case has obviously affect the price action of XRP. 

I remains optimistic and I'm glad those that got it delisted have seen reasons to re-list it. 

Ripple has applied for crypto license in the United Kingdom. But, somehow I feel , SEC hates XRP🙁.

[Emon]

7 hours ago, Maxicreed01 said:

I feel SEC may be over flogging this issue. It's more than three years and XRP continues to prove them wrong. Personally I am disturbed with their activities not just against XRP but Blockchain and cryptocurrency. This lingering case has obviously affect the price action of XRP. 

I remains optimistic and I'm glad those that got it delisted have seen reasons to re-list it. 

Eventually SEC will loose because of the high-end payment tech of XRP. Most likely XRP gonna take over the current payment system. That'll be the first attempt of mass crypto adoption.

[AnanyaBushra]

The SEC is really trying to bring down XRP, but it's kind of funny because no matter how much effort they put in, they can't do anything to XRP. XRP is holding its ground strongly.

[Megamind]

4 hours ago, AnanyaBushra said:

The SEC is really trying to bring down XRP, but it's kind of funny because no matter how much effort they put in, they can't do anything to XRP. XRP is holding its ground strongly.

SEC's case against XRP is based on allegation and this chart has shown that the community is not affected by SEC's commentaries as before and that's a sign of growth and increase in adoption, I think everything will be clear with time.

[Emon]

1 hour ago, Megamind said:

SEC's case against XRP is based on allegation and this chart has shown that the community is not affected by SEC's commentaries as before and that's a sign of growth and increase in adoption, I think everything will be clear with time.

Nothing, SEC is just afraid of something! If current payment system is replaced by XRP then just think a moment about US economy, you'll get the answer!

[Maxicreed01]

On 23/07/2023 at 01:49, Emon said:

Ripple has applied for crypto license in the United Kingdom. But, somehow I feel , SEC hates XRP🙁.

It might not be proper to call it 'hate'. Whatever difference or interest they have with XRP will soon come to end and I commend holders of XRP for not panic selling all along even when Coinbase got it delisted. 

[Emon]

2 hours ago, Maxicreed01 said:

It might not be proper to call it 'hate'. Whatever difference or interest they have with XRP will soon come to end and I commend holders of XRP for not panic selling all along even when Coinbase got it delisted. 

They consider XRP as a threat bro. If, BRICS Alliance accept BTC as their native currency,then XRP will become the leading payment method... If that happens, imagine the impact on US economy!

[MongiIG]

Hi @Emon, @Maxicreed01, @Megamind, @AnanyaBushra and @Bash4j

I hope you are all doing great!

What are your thoughts on the crypto relief as Bitcoin ETF back on the agenda?

All the best - MongiIG

[Maxicreed01]

It is as I expected and it's indeed a relief but certainly BTC could still tank before a serious price run

[Bash4j]

ETF is a type of financial instrument that allows you to have exposure to cryptocurrencies without having to acquire them directly. This will put a significant amount of cash into the market... Because many individuals are interested in the market but do not wish to possess it. In my opinion Bitcoin and other cryptos' values should rise as a result of this. 

[MongiIG]

Bitcoin (BTC), Ethereum (ETH) Slide as SEC Postpones ETF Decision

• A decision on spot Bitcoin ETFs is pushed back to mid-October by the SEC.
• Bitcoin gives back all of this week’s bullish run-up

Bitcoin gave back nearly all of Tuesday’s rally on Thursday after the Securities and Exchange Commission (SEC) delayed making any decision on a raft of Bitcoin ETF applications. The SEC has now pushed back the latest deadline until mid-October. While this outcome was expected, a degree of hope had been building in the cryptocurrency market that a spot Bitcoin ETF would soon be announced. On Tuesday, the US Court of Appeal said that the SEC was wrong in rejecting Grayscale’s proposal to convert its Grayscale Bitcoin Trust into a spot Bitcoin ETF, fueling hope that a spot ETF would soon be granted.

A Bitcoin spot ETF gives investors direct exposure to changes in the cash market - the ETF manager holds actual Bitcoins - while futures ETFs give investors exposure to moves in the underlying futures market. Bitcoin futures ETFs are already available in the market.

 

BITCOIN (BTC), ETHEREUM (ETH) PRICES, CHARTS, AND ANALYSIS by Nick Cawley | Senior Strategist | Sep 1, 2023 

[Trading_psychology]

most tokens or coins are actually Security if you compare them with IPO of stock market. Those token ICO is similar to the IPO.  most POS tokens issued by companies or individuals are security. BTC, Doge, LTC, etc are POW coins. they are commodity. commodity is the product of labor work. while security is created based on Credit. its core is credit. that's why many POS tokens are weak while you can't attack BTC, LTC, etc as they are based on maths. just personal opinions. 😄