Analysis of the daily chart implies that the XRP price may soon reach a turning point. On July 14, the XRP price began its ascent. Since the XRP price peaked at $0.854 on July 19, there has been an increase in profit-taking. The price could not continue the rally further
Sendi Young, Ripple’s European managing director, recently announced that the business has filed for both UK Financial Conduct Authority (FCA) encryption license and an Irish Payments license. Ripple has applied for a payment services license in Ireland, which will allow it to provide its payment services in the region, and
After Ripple’s major legal triumph, CEO Brad Garlinghouse turned to Twitter to express his appreciation for the team and the result. According to Garlinghouse, this judgment is an “unequivocal win for Ripple and for crypto in the US.” Suggesting that it may have far-reaching effects on the whole cryptocurrency industry.
XRP, the native cryptocurrency of Ripple, has witnessed a dramatic resurgence in the wake of its partial victory against the SEC last Thursday. This favorable legal victory has resulted in XRP’s relisting on major crypto exchanges, triggering a surge in demand and trading volume. Analyzing the Market of XRP Following
The fifth biggest cryptocurrency, XRP, is down 8% in the last 24 hours and is now around $0.70. According to CMC statistics, the cryptocurrency is once again below Binance’s BNB. It currently sits at the 5th position on the top crypto by market cap list on CMC. This decline follows
Subsequent to Ripple’s legal victory against the SEC, the crypto market is undergoing a transformative period, exhibiting impressive price rallies. Dominant crypto coins, Bitcoin (BTC) and Ethereum (ETH), hit their new one-year highs. The enthusiasm of investors and traders embracing the current bullish wave is evident in the market’s daily
Bitcoin (BTC), the largest cryptocurrency, marked its new one-year high of over $31,736 following the near conclusion of the legal battle between the U.S. SEC and Ripple. The court’s verdict favoring XRP sent ripples of optimism through the crypto market, resulting in a significant rally for XRP, Bitcoin, and other
A major crypto twist unfolded in the crypto market as Ripple’s XRP experienced a resurgence. Several prominent exchanges have announced their plans to relist XRP. The surge follows a U.S. federal court ruling that declared the sale of XRP on exchanges and through algorithms as not constituting investment contracts. This
In a lawsuit brought up by the Securities and Exchange Commission (SEC) in 2020, Ripple Labs triumphed on July 13 in the United States District Court for the Southern District of New York, when Judge Analisa Torres ruled in favor of the firm. Documents submitted on July 13 indicate that
Ripple’s University Blockchain Research Initiative (UBRI) was the first of its kind when it was created five years ago. Pledging $50 million in charitable funding to top universities across the globe in order to promote blockchain and cryptocurrency education, research, and development. Blockchain’s position in the inevitable digital-first future has
