As President Trump’s tariff plan pressured US stocks, Commerce Secretary Howard Lutnick hinted at potential tariff relief for Mexico and Canada, sparking a late trading rally in tech stocks and index futures. Despite mixed signals from the administration, strategists believe Trump may respond to market sentiment, with some suggesting a threshold for policy reversal based on the S&P 500’s performance. Concerns grow as Trump appears less focused on the stock market in his second term, complicating predictions about his reactions to market downturns.
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0 posts last weekSEC Case Against Ripple May Be Resolved by May According to Experts
Legal expert Jeremy Hogan suggests that the SEC’s case against Ripple may be resolved by May, as the agency is likely negotiating to vacate parts of Judge Torres’ ruling. The SEC’s delay in dismissing the case could stem from the complexities of dissolving an injunction against Ripple’s direct sales to customers. Hogan emphasizes that Ripple must carefully draft a motion to address the injunction, which requires SEC approval and could prolong the resolution process.
about SEC Case Against Ripple May Be Resolved by May According to ExpertsRipple XRP Price Drops While Pi Network Surges Amid Market Volatility
Ripple’s XRP has dropped 10% amid a broader market collapse, raising concerns about the end of the bull cycle. In contrast, Pi Network’s token surged 250% in a week, fueled by speculation of a Binance listing. Meanwhile, meme coins like Dogecoin and Shiba Inu faced significant declines as the SEC’s recent statements increased investor caution. The ongoing lawsuit between Ripple and the SEC may influence XRP’s future, with some experts predicting a settlement rather than dismissal.
about Ripple XRP Price Drops While Pi Network Surges Amid Market VolatilityRipple SEC Lawsuit Developments and Potential Settlement Insights This Week
The ongoing lawsuit between Ripple and the SEC may see significant developments soon, particularly with the SEC’s closed meeting on February 27, which will include discussions on Ripple’s XRP and Bitwise’s spot ETF application. Experts suggest a settlement is likely, with Judge Torres overseeing compliance with a $125 million fine already ordered against Ripple. The case is notably more complex than other recent SEC actions, with analysts expressing optimism for a resolution.
about Ripple SEC Lawsuit Developments and Potential Settlement Insights This WeekPotential Pause in Ripple SEC Lawsuit Amid Recent Developments
Former SEC employee John Reed Stark suggests that the SEC may soon pause its appeal against Ripple, influenced by recent agreements and internal changes within the agency. Attorney Jeremy Hogan believes the lawsuit’s resolution could occur before the approval of a spot XRP ETF, as firms like Grayscale and Bitwise prepare for such products.
about Potential Pause in Ripple SEC Lawsuit Amid Recent DevelopmentsCoinbase Wins Stay in SEC Lawsuit Pending Second Circuit Ruling
A federal judge has granted Coinbase an interlocutory appeal in its lawsuit with the SEC, allowing the case to be paused until the Second Circuit clarifies whether an investment contract necessitates an actual contract. This decision is seen as a significant development in the legal landscape of cryptocurrency, as conflicting court rulings have emerged on this issue. Coinbase’s Chief Legal Officer expressed appreciation for the court’s decision, while the SEC has not commented on the matter. The SEC’s lawsuit accuses Coinbase of operating an unregistered securities exchange, and the agency has faced criticism for its enforcement approach under Chair Gary Gensler, who is set to leave office soon.
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