This increase is the highest increase experienced by XRP since December 2017.Īnalysts view Ripple Labs as the one that will win the case, thus keeping XRP prices rising. ![]() "In my understanding, XRP has not only currency-like value, but also usability, and that usability is different from bitcoin or ethereum," said judge Sarah Netburn as quoted from CoinDesk.Īfter the statement, ripple prices soared 150 percent on Sunday. The judge handling the case considered XRP to be a cryptocurrency that had different criteria than ether and bitcoin. This requires Ripple Lab to register it first. In that case, the SEC filed a lawsuit against XRP developer Ripple Lab for selling Ripple without registering the cryptocurrency with the SEC.Īs a result of the SEC's indictment against Ripple, a number of crypto exchanges temporarily suspended the sale and purchase of XRP. ![]() Ripple has increased since the beginning of this year due to a statement from the judge handling the ripple case with the Security and Exchange Commission (SEC). XRP is traded above 1.44 US dollars per piece. The positive trend continued to increase until this news was written on Tuesday 13 April. The increase is still too small when compared to ripple (XRP).īased on a report from Refinitiv, during the last week XRP experienced a high increase of up to 12 percent touching 1,352 U.S. The previous week, bitcoin increased 3.8 percent. JAKARTA – Bitcoin (BTC) still leads the cryptocurrency standings at its highest price.
0 Comments
Leave a Reply. |