XRP pops as court orders Ripple to pay $125M, legal battle with SEC nears end: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Stuart Alderoty, chief legal officer at Ripple Labs, discusses the $125 million penalty the company will pay to the SEC and what the case means for the industry.

Chapters:
00:00 - CNBC Crypto World, Aug. 9, 2024
0:25 - Crypto surges
1:57 - Nick Cowan of Valereum
4:04 - Ripple's Stuart Alderoty

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

#CNBC
#CNBCTV

XRP pops as court orders Ripple to pay $125M, legal battle with SEC nears end: CNBC Crypto World

[louislogan]

Over the last mnths, I have become aware that crypto is the future cuz I invested $5k and made up to $50k as weekly profit I appreciate the help of your channel

[mariannejose]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[Simonwallwack]

After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!

[charlesandrus]

I think we are too obsessed about the market crashing. In the right sense, the market never really crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits both in bull rally and crashes. I'm here for tips on how they do it.

[veereshveeresh]

NVDA29K is absolutely going to hit 10 - 50 this year.. don’t be fooled guys, now is the time to buy NVDA29K!!! Trump has changed this market with what happened, all the whales know capital gains tax will be lowered with him in office. I am buying more today! Don’t miss this train!!

[RyanPatrick-ibuv]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*

[raiyanansari]

Buying NVDA29K today is like buying Bitcoin 12 years ago

[WackerlyHurley]

Now that bitcoin etf is approved, 🚀 What is the best strategy to enter crypto trading for someone with more or less than $5000 to invest?

[richario]

HUGE bugs are happening on the DEX!!!
It almost sends you x 8 more the coins, I put vid to show thattt

[MamieEvans-dpsc]

It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.

[Vidya_shinde_]

Bro, i bought NVDA29K in June after your video. I'm up 379%.

[TariqOsman]

From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 100k to a decent 532k in the space of a few months... I'm especially grateful to Catherine Alderete, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....

[spider]

Thank you Gary Ginsler for artificially keeping the price of crypto low so retail investors can load up on it. You’re the best!

[joshc]

And the price of XRP did nothing, who would have thought

[jjkliry]

For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2024 with $20k and I'm up with $232k in a short period of time

[qryptoq]

Gotta love Ripple- pay in cash, not XRP. Reset button reset button 🎉

[GaryWarren-emel]

<The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich

[chrisrippy]

While the rest of the market is down significantly from a week ago, XRP popped back up to where it was pre market drop. That's a good and healthy sign

[mizzsanchez]

Xrp is a terrible investment, everybody send it to me

[GraceLucFreya]

Nice content💯, but trading come with a lot of benefits And I have just bought my first house through it. As a beginner, I was scared of losing my savings but I'm glad I took the bold step that is now favoring me. From $37k to $93k