Eleanor Terrett Archives - Coin Engineer https://coinengineer.net/blog/tag/eleanor-terrett/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 07 Aug 2025 21:57:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Eleanor Terrett Archives - Coin Engineer https://coinengineer.net/blog/tag/eleanor-terrett/ 32 32 Ripple-SEC Lawsuit Officially Ends! https://coinengineer.net/blog/ripple-sec-lawsuit-officially-ends/ https://coinengineer.net/blog/ripple-sec-lawsuit-officially-ends/#respond Thu, 07 Aug 2025 21:57:46 +0000 https://coinengineer.net/blog/?p=47616 Ripple and the U.S. Securities and Exchange Commission (SEC) have officially ended their nearly five-year legal battle. Both parties jointly withdrew their appeals, marking the formal conclusion of the case. With the joint motion to dismiss appeals, the long-running legal process between SEC and Ripple has officially come to a close. Joint Appeal Withdrawal: The

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]]> Ripple and the U.S. Securities and Exchange Commission (SEC) have officially ended their nearly five-year legal battle. Both parties jointly withdrew their appeals, marking the formal conclusion of the case. With the joint motion to dismiss appeals, the long-running legal process between SEC and Ripple has officially come to a close.

Joint Appeal Withdrawal: The Final Step

According to attorney James Filan, the Ripple-SEC case has now been completely finalized. Filan stated, “The parties have filed a joint motion to dismiss the appeals. The case is over.” This development was also confirmed by crypto journalist Eleanor Terrett.

The mutual decision to drop appeals officially seals the end of one of the most significant legal battles in the crypto industry.

Regulatory Clarity for XRP

The lawsuit between Ripple and the SEC largely revolved around whether XRP should be classified as a security under U.S. law. With the case now closed, the ruling marks a crucial step toward long-awaited regulatory clarity.

This move not only affects Ripple but also carries the potential to set a legal precedent for the broader altcoin market.

A New Era for Crypto?

The end of this case reduces regulatory uncertainty for crypto investors and blockchain companies. Especially for projects operating within the U.S., this development may contribute to a more robust and predictable legal framework.

The Ripple-SEC resolution could also influence ongoing global discussions about how digital assets should be classified.

XRP Price Outlook

The resolution of the nearly five-year lawsuit triggered a sharp upward move in XRP’s price. The token surged approximately 10% on a daily basis, reaching around $3.26 at the time of writing. This rally reflects market optimism following the elimination of legal uncertainties, with Ripple gaining a clearer stance in the U.S. regulatory environment — a key driver behind the recent price momentum.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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]]> https://coinengineer.net/blog/ripple-sec-lawsuit-officially-ends/feed/ 0 SEC Sets Deadline for ETFs https://coinengineer.net/blog/sec-sets-deadline-for-etfs/ https://coinengineer.net/blog/sec-sets-deadline-for-etfs/#respond Mon, 25 Dec 2023 23:21:03 +0000 https://coinengineer.io/blog/?p=8758 The U.S. Securities and Exchange Commission (SEC) has asked all spot Bitcoin ETF applicants to submit their final S-1 amendments by December 29th if they want to be considered for the first wave of approvals. Fox Business reporter Eleanor Terrett shared the update on her Twitter account. You might like: Hong Kong and Spot Bitcoin

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]]> The U.S. Securities and Exchange Commission (SEC) has asked all spot Bitcoin ETF applicants to submit their final S-1 amendments by December 29th if they want to be considered for the first wave of approvals. Fox Business reporter Eleanor Terrett shared the update on her Twitter account.

You might like: Hong Kong and Spot Bitcoin ETF

She said that applications that are complete and filed by Friday will be considered in the first wave. Otherwise, they will not be considered. Also, the applications cannot mention physical creation; otherwise, they will be denied.

Applying Companies

  • BlackRock
  • Grayscale
  • ARK Investments
  • 21Shares
  • At least seven other companies have submitted proposals for a spot Bitcoin ETF in the U.S.

This development came immediately after a meeting between representatives of the companies.

SEC Expected to Approve Bitcoin ETFs in Q1 2024

Based on the rhetoric coming out of the meeting, it looks like the SEC is likely to approve Bitcoin ETFs in the first quarter of 2024.

The SEC is currently reviewing the joint proposal from ARK and 21Shares. However, it will make a final decision by January 10, 2024. It has instructed firms to make final changes to their applications by December 29th. Also, it warned that those who do not meet the December 29th deadline will not be considered in the first potential approval wave, which is scheduled to take place in early January 2024.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

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