Ripple-SEC Legal Battle Intensifies: SEC Requests Deadline Extension; Dogecoin and InQubeta (QUBE) Go Parabolic
The post Ripple-SEC Legal Battle Intensifies: SEC Requests Deadline Extension; Dogecoin and InQubeta (QUBE) Go Parabolic appeared first on Coinpedia Fintech News
The SEC vs. Ripple (XRP) legal battle took an exciting twist following the regulator’s proposal to extend the timeline for document preparation. This formal request—already accepted by Ripple—has been placed before Judge Analisa Torres, aiming to reschedule the SEC’s opening brief to March 22 from March 13.
The saga has been unnecessarily drawn out—it began in 2020—and the crypto community cannot wait for it all to end. The grand trial is set for April 23, and hopefully, the date holds.
Meanwhile, in the crypto market, which is fueled by exciting developments like GoDaddy’s integration with ENS for domain name linking and Wormhole’s snapshot of an upcoming airdrop, Dogecoin (DOGE) and InQubeta (QUBE) have exploded. With further upsides on the cards, these are the best cryptos to buy now.
InQubeta (QUBE): Explosive Presale
InQubeta (QUBE) pushed the crypto community into a frenzy after breezing past $10.7 million in presale. This saw it leave most of the new ICOs in its wake and lay a strong claim to being the best ICO.
Its launch is near; it is currently in the eighth stage. A token costs just $0.0245—one of its biggest appeals—and is tipped for a 70x upswing after its debut. This makes it the best new crypto to invest in and a recommended presale.
But there is more. Its fascinating blend of AI and crypto makes it a bullish narrative and one of the best cryptos to invest in. It seeks to solve the fundraising issues in the fast-rising AI sector by building the first-ever crypto-based crowdfunding platform for tech startups. With adoption imminent, QUBE is a good crypto to buy. Hop on board and position yourself for staggering gains as it aims to transform the AI landscape.
Ripple (XRP): Legal Battle With the SEC Intensifies in Latest Twist
Ripple (XRP) is one of the market’s top altcoins but perhaps not the most promising, considering the regulatory uncertainty around it. In December 2020, the SEC accused the fintech company of illegally raising over $1.3 billion in an unregistered securities offering by selling XRP.
It has been downhill from here, as XRP took a downturn. The only silver lining in the lawsuit for Ripple was in 2023, when a US judge ruled in its favor that the token sales on exchanges don’t amount to security—a partial victory.
With the grand trial set for April 23, the lawsuit took on an exciting twist. A formal request has been tabled before Judge Analisa Torres by the SEC, pleading to reschedule its opening brief to March 22, which was initially slated for March 13.
According to the regulatory body, “The SEC respectfully seeks a nine-day extension to file its opening brief, to complete review of the recently produced documents and finalize remedies-related briefing.”
As the battle rages on, many believe these multiple extensions have already prolonged the lawsuit more than necessary. Some have even labelled them as “delay tactics.” Hopefully, more surprises don’t spring up.
Dogecoin (DOGE): Remarkable Bull Run
Dogecoin (DOGE) is the leading meme token sector and is one of the best meme coins to invest in. As a result, it isn’t a typical pump-and-dump meme token, even though it is more volatile than utility-backed altcoins.
Waking up from its slumber after a long period of underperformance, Dogecoin exploded earlier this week. As expected, the community couldn’t contain their excitement, and many FOMOed in hopes of riding the bullish wave.
With further upsides anticipated—especially with 2024 shaping up to be a bull market—Dogecoin is among the best coins to invest in. As it races towards its all-time high (ATH), it is a promising wave not to miss out on.
Conclusion
The Ripple vs. SEC legal battle intensifies following the latest twist as the regulatory body requests a deadline extension. Meanwhile, Dogecoin and InQubeta have been soaring. Buzzing with potential, you can become an early QUBE holder by following the link below.
