Ripple’s partial victory in its fight with the US Securities and Exchange Commission (SEC) in a court ruling paved the way for small but significant regulatory clarity that the cryptocurrency industry was deprived of for so long. Now all eyes are on the security regulator who, according to Congressman Ritchie Torres, is acting like “an overzealous traffic cop arbitrarily ticketing drivers while keeping the speed limit a secret.” As such, Torres wants the SEC to be...
Read More »Bitcoin Slides Back to $30k Amid $245 Million in Liquidations
Bitcoin (BTC) quickly fell back to $30,000 on Friday as market hype surrounding the court’s recent ruling on XRP has begun to fade. The volatility has triggered $245 million in liquidations across the entire crypto market in the last 24 hours, according to CoinGlass. Most liquidations occurred across a combination of BTC, Ether (ETH), and XRP trades. XRP exploded 75% on Thursday after a judge delivered summary judgment in its lawsuit against the U.S. Securities and Exchange...
Read More »Stellar Lumens (XLM) Price Sees Huge Gains After XRP Ruling, While These Tokens Are Also Surging
XRP’s recent win against the U.S. Securities and Exchange Commission (SEC) sparked a wave of optimism in the crypto market, driving a rally in altcoins. Amid this rally, Stellar Lumens (XLM) stood out with an almost 50% price jump in the past 24 hours. The likes of Solana and Cardano have also seem significant gains, while new coins like Thug Life and Chimpzee are surging as the market turns bullish. Stellar Lumens’ Bullish Recovery Amid SEC Setback Previously, the SEC’s...
Read More »History in the Making with Ripple Scoring Massive Win in Court in XRP Security Case: This Week’s Recap
The past seven days will go down in history as the week when Ripple scored a massive win in court against the United States Security and Exchange Commission. In fact, the news is so important that it’s hard to talk about anything else. However, it’s worth mentioning that the entire market took to the skies following the development, and BTC is finally trading above $31K, while ETH is above $2K. Now, let’s dive into some specifics. More than three years ago, the SEC filed a...
Read More »XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory
CoinspeakerXRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory The surge in XRP price highlights the impact of legal outcomes on the crypto market. XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory
Read More »Ripple’s Partial Win in XRP Case Sparks Alt Rally as PoS Coins Post Impressive Gains
XRP appears to be leading the altcoin rally fetching over 66% in the past day alone. This comes after Ripple Labs managed to score a victory in the SEC case crippling the financial regulator’s plan to regulate the digital asset industry. The market has reacted positively to the District Court for the Southern District of New York’s ruling. Interestingly, altcoins that have posted significant gains are mostly the ones deemed as securities by the US financial regulator. Binance...
Read More »Crypto Price Analysis July-14: ETH, XRP, ADA, BNB, and SOL
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market turned bullish yesterday, and Ethereum broke above $2,000. This allowed it to book a respectable 7% price increase this week. The momentum is bullish, and continuation seems likely. The current resistance is found at $2,120 and represents a local high achieved in April which is also the last time ETH broke above $2,000. A second attempt to break this key level...
Read More »Crypto Soars to Yearly Highs amid XRP Fueled Sentiment
CoinspeakerCrypto Soars to Yearly Highs amid XRP Fueled Sentiment Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange. Crypto Soars to Yearly Highs amid XRP Fueled Sentiment
Read More »Ripple CTO Issues Warning against Potential XRP Scams
CoinspeakerRipple CTO Issues Warning against Potential XRP Scams Schwartz's caution comes amid a surge in XRP price and market capitalization. Ripple CTO Issues Warning against Potential XRP Scams
Read More »Coinbase Announces the Relisting of Ripple (XRP) Following Court Ruling
The entire crypto market is rallying after the judge overseeing Ripple V. SEC ruled that neither XRP, nor most situations in which it transacted, are securities. The ruling has also prompted exchanges like Coinbase to relist XRP starting today. In a tweet on Thursday, Coinbase Assets confirmed that it will re-enable trading of XRP on XRP network, starting at 1:45 PT. “Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT, and XRP-EUR trading...
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