An important Ripple vs. SEC Update, Bitcoin (BTC) Price Forecast, Crash Cardano (ADA) Forecast: Bits Recap Nov 15

TL; DR

Ripple vs. SEC lawsuit: Ripple is currently leading the legal fight with the SEC, experts predict that Ripple will win in 2024, which may increase XRP prices. Key deadline for legal proceedings extends to April 2024 Bitcoin (BTC) Outlook: Analysts predict that Bitcoin's price could rise to $40,000 by the end of 2023, although a temporary decline is possible. Cardano (ADA) Predictions: ADA recently hit a six-month high and is expected to continue to rise significantly, with predictions of a 10,000% increase in two years.

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In Ripple vs. The latest update on the SEC lawsuit

The outcome of the legal battle between Ripple and the US securities regulator is expected to come next spring in a grand trial involving the two firms. As for the moment, the first one seems to have the upper hand They won Three major (but partial) court victories against her nemesis.

As such, many experts predict that Ripple will achieve a decisive victory in 2024, which will lead to a rally in the price of XRP and general enthusiasm in the cryptocurrency sector.

And as the community prepares to take the final step in the long-running battle, Judge Analisa Torres the host A schedule of findings and briefs related to solutions. Both parties are required to complete the necessary procedures before February 12, 2024.

Additionally, the SEC has until March 13, 2024 to file its briefs, while Ripple has until April 12, 2024 to file its objections.

Is BTC getting ready for another operation?

Although it has fallen slightly in the past two days, many believe that the price of the main cryptocurrency may reach a new annual high before the end of 2023. One example is the famous analyst using the X (Twitter) handle KALEO.

they think BTC has the potential to rise to $40k before January 1, 2024, advising investors to increase their exposure to the asset. But the analyst cautioned that a crash to $34,000 could also be in the cards before the real rally.

If you want to see five more BTC price predictions from celebrities, you can watch our video below.

Where is Cardano (ADA) headed?

Another digital asset that has recently gained attention is Cardano's native token – ADA. Last week, it reached a six-month high of $0.40 (per CoinGecko data), before returning to levels around $0.36.

Some analysts, including one using the handle FieryTrading, have argued that ADA is on the verge of jumping to astronomical heights. Especially them proposed that The coin could explode to $35 in two years, which represents a staggering 10,000% increase compared to current estimates.

Those willing to dive deeper into the matter and explore the top three ADA price predictions from the experts can watch our latest video below.