crypto news<\/strong>: Thanks to the historic judgment given by Judge Analisa Torres in the Ripple Vs SEC lawsuit, United States based crypto exchange Coinbase<\/a> is one of the largest beneficiary, on multiple fronts. While the XRP ruling is a huge boost for the crypto market<\/a>, US based crypto companies are likely set for a new wave of expansion in the months to come. On Thursday, Judge Torres ruled that the sale of XRP on exchanges is not a security, which directly nullifies the US Securities and Exchange Commission’s (SEC) lawsuit against the exchange.<\/p>\n Also Read: BinanceUS Ceases Trading For 9 Crypto Including BTC, ADA, MATIC, SOL, LTC<\/strong><\/a><\/p>\n <\/p>\n Meanwhile, analysts foresee a huge rise in demand for coinbase stock<\/a>, In bull run environment, the rise in Bitcoin price and the other altcoins directly translates to a jump in crypto stock prices.<\/p>\n <\/p>\n With Judge Torres finally delivering the XRP lawsuit Summary Judgment in Ripple’s favor, the global crypto market cap took a 4.52% increase over the last 24 hours. In a latest, John Todaro, an analyst from Needham, maintained<\/a> The buy stance for Coinbase stock, raising the price target from $70 to $120. On the other side, any positive takeaways from the US Federal Reserve’s upcoming Federal Open Market Committee (FOMC) meeting could further boost the crypto price rally in the weeks to come.<\/p>\nCoinbase Stock Price Prediction<\/h2>\n
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