The SEC Has Filed Its Reply Memorandum In Further Support Of Its Motion To Certify Interlocutory Appeal In SEC Vs Ripple Case
Portfolio Pulse from Benzinga Newsdesk
The Securities and Exchange Commission (SEC) has filed a reply memorandum in further support of its motion to certify interlocutory appeal in the SEC vs Ripple case.
September 08, 2023 | 7:55 pm
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NEUTRAL IMPACT
The SEC vs Ripple case could indirectly affect the price of Bitcoin, as regulatory actions in the crypto space often have a broader market impact.
While Bitcoin is not directly involved in the SEC vs Ripple case, regulatory actions in the crypto space often have a broader market impact. Therefore, the case could indirectly affect the price of Bitcoin.
CONFIDENCE 60
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The SEC vs Ripple case could indirectly affect the stock price of Coinbase, as regulatory actions in the crypto space often have a broader market impact.
While Coinbase is not directly involved in the SEC vs Ripple case, regulatory actions in the crypto space often have a broader market impact. Therefore, the case could indirectly affect the stock price of Coinbase.
CONFIDENCE 60
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The SEC vs Ripple case could indirectly affect the price of Ethereum, as regulatory actions in the crypto space often have a broader market impact.
While Ethereum is not directly involved in the SEC vs Ripple case, regulatory actions in the crypto space often have a broader market impact. Therefore, the case could indirectly affect the price of Ethereum.
CONFIDENCE 60
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The ongoing legal case between SEC and Ripple could potentially impact the price of Ripple's XRP in the short term.
The ongoing legal case between SEC and Ripple has been a major factor influencing the price of XRP. The recent filing by SEC could introduce further uncertainty, potentially impacting the price.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100