XRP rallied strongly in July, surging 47.6% on the heels of a favorable court ruling in Ripple’s ongoing legal battle with the SEC. But the winds have now shifted for the fourth-largest cryptocurrency by market capitalization. Despite logging its second-best July price performance on record, Ripple appears on track for
In the aftermath of last week’s sell-off, the global crypto market has been struggling to regain its footing. Bitcoin, the largest cryptocurrency, plummeted from $29,000 to a two-month low of $25,800 in just one day. Despite its attempt to recover, the value of Bitcoin has remained relatively flat, hovering around
In the current landscape, top cryptocurrencies , Bitcoin and Ethereum find themselves entrenched in a challenging period marked by a prevailing bearish trend. This trend has also cast a shadow over XRP, a prominent altcoin, as it contends with its own bout of bearish pressure. Despite clinching a legal victory
The XRP token, which is embroiled in a protracted legal fight with the U.S SEC, has been struggling amid the recent market downturn. Trading volumes for XRP have returned to pre-July decision levels in the SEC lawsuit. Despite the positive verdict, XRP’s amazing surge after the judgment failed to meet
Ripple (XRP), the world’s fifth-ranked cryptocurrency, has surpassed the leading altcoin as the most popular cryptocurrency in South Korea. According to the report, crypto traders in South Korea chose XRP as their first preference over other cryptocurrencies. On the other hand, Ripple has experienced a surge of around 2% in
The CEO of Ripple, Brad Garlinghouse, has a new lawyer representing him in the XRP litigation, which has been pending in the United States District Court. This action follows a recent application for permission to pursue an interlocutory appeal in the matter filed by the U.S. SEC. In a court
XRP saw some recovery over the weekend after dropping to lows below $0.44 on August 17th. The altcoin closed back in the green on multiple days, prompting analysis firm Santiment to note XRP’s rebound along with other altcoins following last week’s broad crypto sell-off. Santiment suggested the bounce could continue
XRP, the fifth largest cryptocurrency by market capitalization, has surged by over 3.5% in the past 24 hours. This rally comes on the heels of a recent decline that saw XRP’s value plummet to a low of $0.47, marking a new low from its recent stable range of around $0.60.
On Friday, a day after the court stated that the U.S SEC may present its argument, the regulatory agency filed for permission to appeal the judge’s judgment that XRP sales via exchanges did not violate securities legislation. The filing read: “The rulings that the SEC seeks to appeal were legal
The trillion-dollar crypto market witnesses yet another notable 24-hour drop of over 6%. Prices of the largest crypto members declining to further lows — Bitcoin (BTC) dropped below $26,500 and Ethereum (ETH) below $1,700 — drew major attention. Amid this downtrend, Ripple’s XRP and Litecoin (LTC) recorded maximum double-digit losses
