XRP Price Surges After Ripple CEO Says the SEC Has Dropped Its Case. Bitcoin Is Also Rising. -- Barrons.com

Dow Jones

昨天

By George Glover

XRP was soaring Wednesday after the CEO of Ripple Labs said that the Securities and Exchange Commission had dropped its long-running case against his company.

The token, which is used to facilitate and settle transactions on Ripple's digital-payments platform, surged 13% to just under $2.56, according to data from the crypto exchange Kraken.

XRP was racking up gains after Ripple CEO Brad Garlinghouse said in a video clip posted on X that the SEC had dropped its case against Ripple, bringing an end to a legal battle that dragged on for more than four years.

"Ripple is the first company with the resources, determination, and grit to fight back against the agency's overreach," Garlinghouse said. "Today this journey finally concludes. Today is a victory and a long-overdue surrender by the SEC."

The SEC didn't immediately respond to a request for comment from Barron's.

In 2020, the agency charged Ripple with selling an unregistered security. In August, a federal judge ordered Ripple to pay $125 million for violating investor-protection laws, way below the $2 billion the SEC had sought. The SEC filed the opening brief in its appeal in January but Garlinghouse said Wednesday that the agency has now dropped the appeal.

Other cryptocurrencies were also rising Wednesday. Bitcoin climbed 2.2% to $84,096, and Ethereum was up 6.6% to $2,031.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 19, 2025 10:33 ET (14:33 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2520134046"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2520134046\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2520134046?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-19 22:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2520134046","market":"us","top_or_hot":-1,"title":"XRP Price Surges After Ripple CEO Says the SEC Has Dropped Its Case. Bitcoin Is Also Rising. -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By George Glover \n</p>\n<p>\n  XRP was soaring Wednesday after the CEO of Ripple Labs said that the Securities and Exchange Commission had dropped its long-running case against his company. \n</p>\n<p>\n     The token, which is used to facilitate and settle transactions on Ripple's digital-payments platform, surged 13% to just under $2.56, according to data from the crypto exchange Kraken. \n</p>\n<p>\n     XRP was racking up gains after Ripple CEO Brad Garlinghouse said in a video clip posted on X that the SEC had dropped its case against Ripple, bringing an end to a legal battle that dragged on for more than four years. \n</p>\n<p>\n     \"Ripple is the first company with the resources, determination, and grit to fight back against the agency's overreach,\" Garlinghouse said. \"Today this journey finally concludes. Today is a victory and a long-overdue surrender by the SEC.\" \n</p>\n<p>\n     The SEC didn't immediately respond to a request for comment from Barron's. \n</p>\n<p>\n     In 2020, the agency charged Ripple with selling an unregistered security. In August, a federal judge ordered Ripple to pay $125 million for  violating investor-protection laws, way below the $2 billion the SEC had sought. The SEC filed the opening brief in its appeal in January but Garlinghouse said Wednesday that the agency has now dropped the appeal. \n</p>\n<p>\n     Other cryptocurrencies were also rising Wednesday. Bitcoin climbed 2.2% to $84,096, and Ethereum was up 6.6% to $2,031. \n</p>\n<p>\n     Write to George Glover at george.glover@dowjones.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 19, 2025 10:33 ET (14:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XRP Price Surges After Ripple CEO Says the SEC Has Dropped Its Case. Bitcoin Is Also Rising. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXRP Price Surges After Ripple CEO Says the SEC Has Dropped Its Case. Bitcoin Is Also Rising. -- Barrons.com\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-03-19 22:33</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By George Glover \n</p>\n<p>\n  XRP was soaring Wednesday after the CEO of Ripple Labs said that the Securities and Exchange Commission had dropped its long-running case against his company. \n</p>\n<p>\n     The token, which is used to facilitate and settle transactions on Ripple's digital-payments platform, surged 13% to just under $2.56, according to data from the crypto exchange Kraken. \n</p>\n<p>\n     XRP was racking up gains after Ripple CEO Brad Garlinghouse said in a video clip posted on X that the SEC had dropped its case against Ripple, bringing an end to a legal battle that dragged on for more than four years. \n</p>\n<p>\n     \"Ripple is the first company with the resources, determination, and grit to fight back against the agency's overreach,\" Garlinghouse said. \"Today this journey finally concludes. Today is a victory and a long-overdue surrender by the SEC.\" \n</p>\n<p>\n     The SEC didn't immediately respond to a request for comment from Barron's. \n</p>\n<p>\n     In 2020, the agency charged Ripple with selling an unregistered security. In August, a federal judge ordered Ripple to pay $125 million for  violating investor-protection laws, way below the $2 billion the SEC had sought. The SEC filed the opening brief in its appeal in January but Garlinghouse said Wednesday that the agency has now dropped the appeal. \n</p>\n<p>\n     Other cryptocurrencies were also rising Wednesday. Bitcoin climbed 2.2% to $84,096, and Ethereum was up 6.6% to $2,031. \n</p>\n<p>\n     Write to George Glover at george.glover@dowjones.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 19, 2025 10:33 ET (14:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1611","symbol_name":"加密貨幣現貨ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2520134046","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520134046","pubTimestamp":1742394780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"XRP was soaring Wednesday after the CEO of Ripple Labs said that the Securities and Exchange Commission had dropped its long-running case against his company.The token, which is used to facilitate and settle transactions on Ripple's digital-payments platform, surged 13% to just under $2.56, according to data from the crypto exchange Kraken.XRP was racking up gains after Ripple CEO Brad Garlinghouse said in a video clip posted on X that the SEC had dropped its case against Ripple, bringing an end to a legal battle that dragged on for more than four years.\"Ripple is the first company with the resources, determination, and grit to fight back against the agency's overreach,\" Garlinghouse said. \"Today this journey finally concludes. Today is a victory and a long-overdue surrender by the SEC.\". In 2020, the agency charged Ripple with selling an unregistered security. In August, a federal judge ordered Ripple to pay $125 million for  violating investor-protection laws, way below the $2 billio","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BK1611":"加密货币现货ETF","BK4594":"比特币ETF概念","03439":"嘉实比特币","BK4588":"碎股","03008":"博时比特币","BK4585":"ETF&股票定投概念","09439":"嘉实比特币-U","BK4601":"加密货币现货ETF","03042":"华夏比特币","09008":"博时比特币-U","09042":"华夏比特币-U"},"translate_title":"Ripple首席执行官表示SEC已撤销案件后，XRP价格飙升。比特币也在崛起。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03008":1,"03042":1,"03439":1,"09008":1,"09042":1,"09439":1},"content_text":"By George Glover \n\n\n  XRP was soaring Wednesday after the CEO of Ripple Labs said that the Securities and Exchange Commission had dropped its long-running case against his company. \n\n\n     The token, which is used to facilitate and settle transactions on Ripple's digital-payments platform, surged 13% to just under $2.56, according to data from the crypto exchange Kraken. \n\n\n     XRP was racking up gains after Ripple CEO Brad Garlinghouse said in a video clip posted on X that the SEC had dropped its case against Ripple, bringing an end to a legal battle that dragged on for more than four years. \n\n\n     \"Ripple is the first company with the resources, determination, and grit to fight back against the agency's overreach,\" Garlinghouse said. \"Today this journey finally concludes. Today is a victory and a long-overdue surrender by the SEC.\" \n\n\n     The SEC didn't immediately respond to a request for comment from Barron's. \n\n\n     In 2020, the agency charged Ripple with selling an unregistered security. In August, a federal judge ordered Ripple to pay $125 million for  violating investor-protection laws, way below the $2 billion the SEC had sought. The SEC filed the opening brief in its appeal in January but Garlinghouse said Wednesday that the agency has now dropped the appeal. \n\n\n     Other cryptocurrencies were also rising Wednesday. Bitcoin climbed 2.2% to $84,096, and Ethereum was up 6.6% to $2,031. \n\n\n     Write to George Glover at george.glover@dowjones.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 19, 2025 10:33 ET (14:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0}}}