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Ripple (XRP)

What Would it Take for XRP to Reach $0.9? (Ripple Price Analysis)

Ripple’s price is currently in a correction phase after a significant spike a few weeks ago. Nonetheless, there are several support levels against both USDT and BTC. Technical Analysis By: Edris XRP/USDT Daily Chart: On the daily timeframe of the USDT paired chart, the price has recently been rejected from the $0.9 level and is currently declining. The $0.6 support level and the 50-day moving average located around the same area are probable targets for a deep pullback....

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Ripple Price Analysis: XRP At Risk of Reversal Below $0.675

Ripple price started a fresh decline below the $0.785 zone against the US dollar. The price is now trading below $0.725 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.715 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.675 support zone. Ripple price is struggling below $0.765 against the US Dollar, similar to Bitcoin. XRP price...

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Ducati Partners With Ripple-Founded XRP Ledger for its First NFT Collection

Italian motorcycle manufacturer Ducati partnered with XRP Ledger to enter the Web3 space. The main goal is to launch its first-ever digital collectible, which is a video sequence of all the Ducati logos that have appeared on the tanks of motorbikes produced in Borgo Panigale from 1946 to the present day. The first release is essentially a gift to Ducati fans as it pivots into the Web3 world and is scheduled to be launched on Wednesday, 26 July. Users are required to sign up...

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These US Politicians Criticized the SEC and Gensler for Their Crypto Approach

The United States Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler, have received a significant wave of criticism from numerous organizations and individuals (including some American politicians) for the way they have treated the cryptocurrency industry over the years.  Ripple’s recent court victory against the Commission prompted even more lawmakers to castigate the regulator. In the next lines, we will name some of the most vocal opponents of the SEC...

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XRP Attorney Withdraws From SEC Vs. Ripple Case Following Appointment as New York Chief Counsel

Lisa R. Zornberg, a prominent U.S. attorney representing Ripple Labs in the legal battle with the Securities and Exchange Commission (SEC), is seeking the court’s approval to withdraw from the case following her appointment as New York Chief Counsel by Mayor Eric Adams. According to a recent filing, Ripple asked the court to grant Zornberg’s request as she would no longer be associated with the American law firm Debevoise & Plimpton LLP from July 31, 2023. XRP Attorney...

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Custodia Bank vs. Feds: Legal Brawl as Important as Ripple’s XRP Case: Lawyer

Wyoming-based Custodia Bank’s application to become a member of the Federal Reserve System was rejected earlier this year by the Kansas City Fed. But the platform has no intention of backing down. The legal dispute took a new turn after Custodia slapped three lawsuits against the regulator in three separate circuits. According to attorney John Deaton, Custodia’s fight against the Feds is “arguably just as important (if not more)” as the Ripple-XRP case. Custodia vs. Feds...

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Coinbase CEO Brian Armstrong Calls for Voting in Favor of FIT21

The rapidly changing digital asset landscape has resulted in a flexing of regulatory muscles between different watchdogs in defining terms and drawing lines of authority. This is especially true in the case of the United States where the SEC and CFTC are engaged in a turf war over regulatory oversight of the space. But this conflict could come to an end soon with the help of FIT21. Weeks after the historic verdict on the Ripple vs. SEC case, the US is waiting for the approval...

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Litecoin (LTC) Price Analysis: Fresh Increase Possible Above This Resistance

Litecoin is slowly moving higher from the $88 support against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $92.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is recovering from the $88 zone against the US Dollar, similar to Bitcoin....

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