NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ

XRP Is A Buy At Current Prices, Says John E. Deaton

Eli Dambel
Eli Dambel
1 year ago
3 mins read
Ripple XRP

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The SEC vs. Ripple case is drawing to its end, sparking diverse predictions and speculations. Recall that the case has dragged on since 2020, with the commission seeking to categorize XRP under Securities.

After nearly three years of rigorous deliberations, arguments, and disagreements, the court is moving closer to a final ruling. Many people air their views on how XRP will react after the ruling. One such individual is Attorney John E. Deaton, who tweeted that XRP’s risk-to-reward is attractive. 

XRP Has An Attractive Risk-to-Reward Potential, Deaton 

Deaton founded CryptoLaw, launched in 2021, to provide news, analysis, and information on critical US regulations for digital asset holders and the lawyer is currently representing Ripple XRP holders.

Related Reading

Polygon

Polygon (MATIC) Down By 7% Amidst Massive Whale Activity

2 years ago

According to his tweet, the court ruling may not affect the XRP price as much as many expect. The lawyer stated that if the US SEC wins the case, Ripple will appeal. But if Ripple wins, the commission will stop categorizing it under securities. The lawyer also stated that the court ruling might be out soon. 

Deaton’s Twitter post got some responses as people pondered on what the outcome will be. One of the responses warned the lawyer to be careful, or people would think he got money from XRP or Ripple Labs to share the post. In response, Deaton stated that many people share their opinions even when the truth is glaring. 

Another user BlockChainTrucker concurred with what Deaton said. In his words, the risk/reward is valid, but the winning or settlement may not lead to the upside many expect. 

In response to Deaton’s post, a Twitter user, Vincent Van Code, stated that no court could rule XRP as a security. The user believes the worst that could happen is to see the coin delisted from all exchanges in the US and driven out of the country.

A Brief On SEC’s Crackdown On Ripple 

The United States Securities and Exchange Commission filed a case against Ripple and two of its executives in December 2020. The commission argued that XRP is a security and its founders carried out an illegal coin offering raising more than $1.3 billion without due registration.

Related Reading

Polygon MATIC

Polygon (MATIC) At Risk Of Dropping To $1 Despite Mercedes Benz Deepening Partnership

1 year ago

Following the case filing, the commission forced all the US-based crypto exchanges to delist XRP from their marketplaces. As a result, XRP’s price plummeted, leading to billions of dollars in losses for its investors.

Ripple's XRP is a Buy at Current Prices, Says John E. Deaton
XRP is gaining momentum on the chart l XRPUSDT on Tradingview.com

As the court ruling draws closer, the XRP community’s anticipation grows. As of today, the coin price is $0.4741, depicting a 5.85% increase in 24 hours. While other coins have lost their weekly gains today, XRP is holding on and increasing daily.

Featured image from Pexels and chart from TradingView

Tweet123Share196ShareSend
Eli Dambel
Eli Dambel

Eli Dambel

Eli brings an eclectic point of view to market analysis. Currently, he writes about various asset classes, including Crypto and Stocks. Eli has been writing crypto oriented content for almost 6 years now and he is a hard core believer in Blockchain and is confident that it can reform the traditional financial system. He also thinks Bitcoin will become universal currency in the near future.

Read more

You can follow Eli on Twitter: @EliDambel

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Gold Bug Peter Schiff Calls Bitcoin’s Rally Overdone

Peter Schiff, the outspoken gold advocate, warned that Bitcoin may be “topping out” as traders await a Federal Reserve decision...

Christian Encila 9 hours ago
XRP

Is XRP’s Big Rally Coming? CEO Predicts $10–$25

According to a recent interview, Jake Claver, CEO of Digital Ascension Group, has pushed a strongly bullish case for XRP...

Christian Encila 13 hours ago
Bitcoin

Analyst Raises Red Flags On Bitcoin Price: Allegations Of Market Manipulation

As investor anxiety grows over the possibility of a new bearish cycle, the case for Bitcoin (BTC) to resume its...

Ronaldo Marquez 18 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP

Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons

Scott Matherson 4 hours ago
XRP Price Builds Momentum

Crypto Analyst Debunks XRP Price To $10,000 Claims, Reveals How High It Can Go

Sandra White 5 hours ago
BNB

BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ

Ronaldo Marquez 5 hours ago

Premium Sponsors

Press Releases

  • Trh s kryptoměnami se zahřívá: Bitcoin Hyper (HYPER), Wall Street Pepe (WEPE), Maxi Doge (MAXI) a PepeNode ve hře

    Trh s kryptoměnami se zahřívá: Bitcoin Hyper (HYPER)...

    2 hours ago
  • 3 nízko-kapitálové altcoiny, které zažívají masivní akumulaci během altcoin sezóny

    3 nízko-kapitálové altcoiny, které zažívají masivní...

    2 hours ago
  • A legjobb altcoinok, amiket érdemes megvenni, ahogy a Solana ára megközelíti történelmi csúcsát

    A legjobb altcoinok, amiket érdemes megvenni, ahogy a...

    3 hours ago
  • Masivní spalování tokenů pokračuje u Wall Street Pepe...

    3 hours ago
  • Najlepsze altcoiny do kupienia, gdy cena Solany zbliża się do historycznego szczytu

    Najlepsze altcoiny do kupienia, gdy cena Solany zbliża...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.