A federal judge upheld a $125 million civil penalty against Ripple Labs for unregistered direct XRP sales to institutions, distinguishing these from XRP sales on exchanges. The judge ruled that institutional buyers expected profits linked to Ripple's efforts, meeting the criteria of an investment contract under the Howey test. However, XRP sales on exchanges were treated differently since buyers there did not have the same profit expectation. The SEC's broader claims for higher penalties and disgorgement were denied, and appeals were dismissed, leaving the penalty and injunction in place. The ruling leaves open the legal status of other secondary-market XRP trades.
XRP is trading at Rp19.712 on Pluang as of Nov 09, 2026 16:21 WIB, showing a 6.21% decline in the past day. The market cap stands at Rp1.254,78 trillion with a 24-hour trading volume of Rp45,65 trillion. Despite the legal ruling on institutional sales, XRP remains actively traded with a typical hold time of 73 days on the platform.
Crypto analyst ChartNerd questioned Dom Kwok's bold prediction that XRP will reach $1,000 by 2030, asking if the target was still valid and how it was calculated. Kwok responded that convincing skeptics was not his responsibility and did not provide ...
XRP whale deposits to Binance surged to $900 million in one day, with about 691 million XRP moved, marking the highest inflow since 2024. This spike coincided with XRP's price falling below $1.30, raising concerns about potential selling pressure as ...
Crypto analyst Dark Defender emphasized that XRP needs to hold the $1.12 price level as support to sustain his bullish Wave 3 outlook. This level was a previous resistance in July and August and is now critical as support. Despite recent price declin...
Crypto analyst CasiTrades interprets XRP's rise to about $3.65 in July 2025 as the first wave in an Elliott Wave pattern, followed by a correction phase. She identifies the decline since July as a second-wave correction and suggests the correction ma...
XRP accounted for 17% of trading volume on South Korea's Upbit exchange, surpassing Bitcoin, yet its price matched global levels with no kimchi premium. This indicates heavy trading activity without increased buying pressure, suggesting repositioning...
