Ripple vs SEC Settlement and Powell’s Speech Impacting Crypto Assets

April 16, 2025 -Vandaag marks a potentially crucial moment in the crypto market as two high-stakes events unfold: the long-awaited conclusion of the Ripple vs sec -right case and one Important speech by Federal Reserve chairman Jerome Powell. Together, these developments can significantly influence the sentiment of investors and shape the direction of crypto-assets in the short term.

Ripple vs sec lawsuit update

After almost a decade of a legal fight, the Ripple vs SEC shop can finally be over. April 16 was the last Deadline of Ripple to submit his professional assignment. Without extension, the only options to serve the submission or a settlement was.

Sources close to the issue suggest that a settlement has been reached between Ripple and the SEC. As part of the reported agreement, the SEC dropped his profession, While Ripple has agreed to pay a fine of $ 50 million and also to withdraw his own counter-filling. It is crucial that there will not be an official explanation that XRP label as a security that many in the XRP community display as an important victory for the cryptocurrency.

According to lawyer Fred Rispoli on X, Ripple only has two options by April 16. He explained That wrinkle cannot ask for more time, so they only have two options. Or they continue and submit their attraction, which he believes they have only 10% chance, or they announce a scheme or withdrawal, which he thinks is much more likely, with a 90% chance.

  • Also read:
  • Crypto News Today: Jerome Powell Speech, Ripple vs Sec Upadate, Trump rates and more
See also  Chainalysis, Inca Digital Selected to Help Detect Illicit Use of WYST

Fed Chair Jerome Powell’s speech

Later today, Federal Reserve Chairman Jerome Powell is set to give a speech with the Economic club of Chicago. By alleviating American inflation and the pressure structure of the election year, Powell’s comments may indicate the prospects of the FED about future rate reductions.

The market is currently expected:

  • Two rates cuts in 2025
  • Possible from June or September

However, Powell has repeatedly emphasized caution, with reference to persistent inflation risks and global uncertainty. A Dovish or Havel -like tone can significantly influence BitcoinAltcoins such as XRPAnd wider stock markets.

Never miss a beat in the crypto world!

Continue to break up news, expert analysis and real -time updates on the latest trends in Bitcoin, Altcoins, Defi, NFTs and more.

Credit : coinpedia.org