Tag Archives: Ripple (XRP) Price

The legal war between the United States Securities and Exchange Commission and Ripple Labs appears to be far from over. While the latter managed a partial win following a recent court ruling, the Commission doesn’t seem to be backing down just yet. According to a recent report by Bloomberg, the United States Securities and Exchange Commission has asked a federal judge to ignore key parts of the recent ruling in the agency’s case with Ripple Labs. The watchdog argues that the...

The past seven days have mostly been centered around Bitcoin and the aftermath of the ruling in the case between Ripple and the United States Securities and Exchange Commission. That said, the total market capitalization declined by some $11 billion throughout the same period, as investors are wary of future uncertainty. Bitcoin’s price has largely remained around the $30K area – a pivotal level that’s consisted of significant technical but also psychological resistance. BTC...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...

XRP – the native token of Ripple – has been one of crypto’s best performers ever since the enterprise blockchain provider notched a landmark win in its legal battle against the US Securities and Exchange Commission (SEC). According to Kaiko, XRP trades have recently comprised 21% of the total crypto trading volume, leaving BTC in second position with 20%. Ripple’s court victory acted as a catalyst for the native coin of the organization, which has soared by over 55% in the...

Ripple’s XRP has undoubtedly been the hottest story throughout the past few weeks. T he legal battle between the company and the US Securities and Exchange Commission culminated last week when US Judge Analisa Torres ruled that secondary sales of XRP didn’t constitute investment contracts. Expectedly, XRP exploded by over 70% and is seemingly on its way to $1. The question is, will it be able to achieve this massive feat in 2023? We decided to ask none...

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...

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...

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...

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...

XRP is booming after Judge Analisa Torres’s ruling on Thursday that most sales of the Ripple-issued cryptocurrency do not constitute securities transactions. The ruling brings a conclusion to a three-year-long lawsuit that is expected to set a firm precedent for many crypto issuers’ legal standing in the United States going forward. Let’s dig into the details of the ruling, and examine how it could impact other cryptocurrencies in the near term. Institutional Sales VS Other...