Valhil Capital is demanding 500 billion dollars in compensation for XRP holders indirectly affected by the SEC’s Ripple lawsuit. The company claims that the value of XRP fell by 75% following the lawsuit and that the lost profit is a loss that must be compensated. Jimmy Vallee, founder and managing director of Valhil Capital, is…
Lawyer James Murphy suggests Ripple is prolonging negotiations to renegotiate aspects of the case, while attorney Fred Rispoli argues the SEC is responsible for delays. Both Murphy and Rispoli agree that the case is nearing its end, with Murphy predicting resolution before Ripple’s April 16 appeal deadline. The long-standing litigation war between Ripple and the…
Recent developments suggest a potential shift in the SEC’s approach to cryptocurrency regulation, bringing us closer to a final ruling in the Ripple case. If Ripple secures a victory, we could see new bank partnerships, CBDC and stablecoin expansion, and even potential discussions around an XRP ETF approval. The prolonged legal battle between Ripple Labs…
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and…
The recent decision by the SEC to withdraw its lawsuit against Ripple Labs has significantly impacted XRP’s market dynamics. This legal resolution has led to a surge in XRP’s price and has prompted discussions about its potential to reach the $5 mark before April 2025. As recently discussed in a CNF update, the U.S. Securities…
The US SEC has officially dropped its XRP lawsuit against Ripple Labs. XRP price is in rebound mode following the news but with a generally tempered outlook. American blockchain payments firm Ripple Labs Inc is now free from the damning lawsuit filed against it in December 2020 by the United States Securities and Exchange Commission…
First-ever CFTC-approved XRP futures signal increasing regulatory clarity and enhanced institutional adoption. The resolution of Bitnomial’s lawsuit against the SEC marks a positive shift in the regulatory environment for XRP. Following Bitnomial’s New XRP Futures Contracts, as reported by CNF in 2024, the initiative initially aimed to boost market confidence. The Chicago-based digital asset derivatives…
Robinhood’s launch of a prediction market in partnership with Kalshi signals its ambition to become a comprehensive financial services provider, challenging platforms like Polymarket. The timing of the launch, coinciding with “March Madness,” reflects a strategic effort to capitalize on high betting activity and attract new users. In line with Robinhood’s plans to introduce crypto…
Approval of 18 XRP ETFs could drive substantial institutional demand, pushing XRP toward the $20 mark. SEC approval would reinforce XRP’s market legitimacy, potentially boosting its market cap toward $200 billion. Following the recent development of XRP ETFs under SEC review in February 2025, CNF highlighted the possibility of XRP being classified as a commodity…
