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XRP Price Hit Record High. Watch This SEC Vs. Ripple Development Today.
XRP price jumped to an all-time high Wednesday.The price of the popular altcoin, used to facilitate and settle transactions on the Ripple payment platform, soared 14% to $2.99 over the past 24 hours,
XRP Price Soars Past $3 For The First Time Since 2018 With 8% Pump After Ripple Exec Says SEC Case “Is Just Noise”
The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty said the US Securities and Exchange Commission (SEC) lawsuit against the company has become “just noise.” XRP soared to as high as $3.18 in the past 24 hours, but has since pared gains to trade at $3.06 as of 3:02 a.m. EST.
Why XRP (Ripple) Is Soaring Today
XRP (CRYPTO: XRP) was flying higher on Wednesday. The cryptocurrency was up 10.97% as of 3:45 p.m. ET. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) gained 1.92% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 2.
Why Is XRP Seeing Major Gains?
XRP surged to $2.90 Wednesday morning, leading the overall crypto markets in gains. This comes as whales are stacking the token amid optimism for an XRP ETF product, according to data tracked by Santiment.
Coingape
2h
XRP News: Ripple Co-Founder Chris Larsen Moves $60.5M in XRP Amid US SEC Filing
Ripple co-founder Chris Larsen has reportedly moved XRP from his wallet amid the opening brief filing in appeals by the US ...
decrypt
19h
SEC Won't Postpone Ripple Lawsuit Appeal Until After Gensler's Departure
The SEC has said it won't back off its Ripple lawsuit appeal until outgoing SEC Chair Gary Gensler leaves the agency on ...
Crypto Briefing
5h
SEC files opening brief in its appeal against Ripple, seeks reversal on XRP classification
The SEC appeals a court ruling on XRP classification, challenging its non-security status in sales, and argues Ripple's ...
coinspeaker
43m
Ripple Ruling: Industry Leaders Slam US SEC for Latest Appeal
In its filing on Wednesday, the SEC asked the appellate court to overturn the district court's ruling regarding XRP transactions.
Anadolu Ajansi
3h
Cryptocurrency Ripple tops $3 level, up 9.2% on daily basis
Cryptocurrency Ripple (XRP) on Thursday exceeded the $3 level for the first time in seven years, rising 9.2% on a daily basis ...
Analytics Insight
1h
Ripple (XRP) Faces New Competition Why Lightchain AI is Capturing the Crypto Community’s Attention
The cryptocurrency market is beginning to heat up; Lightchain AI is emerging as a strong competitor for established players ...
decrypt
11h
SEC Appeals Ripple Ruling, Seeks Reversal on XRP Classification
The SEC asserts that labor and services received in exchange for XRP satisfy the “investment of money” criterion outlined in ...
thecurrencyanalytics
16h
Ripple and SEC’s Legal Battle Fuels XRP Surge
XRP surged 11.52% amid Ripple's legal battle with the SEC, as large investors increase their holdings. What does this mean ...
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