Whales bullish on XRP as Ripple vs. SEC battle nears anxiously-anticipated end

Whales bullish on XRP as Ripple vs. SEC battle nears anxiously-anticipated end
фото показано с : invezz.com

2023-5-28 14:21

Cryptocurrency prices appear lucrative on Saturday as Bitcoin and alts turn green. However, Ripple (XRP) stole the show as far as price actions in the top ten cryptos are concerned. The remittance token surged around 2% over the last day. Meanwhile, accumulation by large wallet holders contributes to XRP’s enhanced sentiment.

JUST IN: 🐳📈 XRP whales are on the move! Big holders of 10-100 million XRP have been accumulating, buying over 52 million $XRP ($22.9 million) in just three weeks. With XRP breaking resistance at $0.46. 🚀💰 #CryptopolitanReports #XRP #CryptoWhales #BullishMoves

— Cryptopolitan (@CPOfficialtx) May 27, 2023

XRP traded at 1.77% up during this writing, changing hands at $0.4726 with a $24.5B market capitalization. Moreover, cryptocurrency whales have turned bullish over XRP within the past few weeks. They have scooped 52 million tokens worth around $22.9 million (over the past three weeks).

Meanwhile, Ripple continues to dominate crypto news wires amid the SEC lawsuit. The case now approaches a summary judgment. However, Ripple deals with a recent shock as Kylie Chiesul Kim, one of the firm’s counsels, withdrew from the crypto company. 

Ripple vs. SEC lawsuit to end by July

While the crypto community watches the ongoing Ripple vs. SEC legal fight, Attorney Jeremy Hogan recently forecasted that the case would resolve by July 2023. Hogan was reacting to the latest clip where Brad Garlinghouse, Ripple CEO, stated that the lawsuit would end in the coming weeks.

Based on Judge Torres Ruling Model, Attorney Jeremy Hogan Predicts XRP Lawsuit Ruling Date #Ripple #XRP #XRPUSDT #XRPCommunity #XRPprice #XRPLawsuit #XRPHolders #XRPLedger #XRPArmy $XRP $BEN #Crypto #cryptocurrency #CryptoCommunity #CryptoNews https://t.co/9GAuFCJ2G3

— TimesTabloid (@TimesTabloid1) May 27, 2023

He added that the securities regulator has attempted to hide Hinman’s testimony. Nonetheless, Invezz.com reported that the court denied SEC’s motion to seal Hinman’s docs. Meanwhile, on-chain data shows fading hype for the remittance coin. XRP’s social dominance plunged to 1.228%.

The social dominance index measures the volume of mentions compared to other assets in the top 100 list by market cap. Thus, the drop means a dip in the asset’s interest/hype.

The post Whales bullish on XRP as Ripple vs. SEC battle nears anxiously-anticipated end appeared first on Invezz.

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Ripple (XRP) на Currencies.ru

$ 0.5239 (-0.07%)
Объем 24H $1.021b
Изменеия 24h: 1.84 %, 7d: 4.00 %
Cегодня L: $0.5232 - H: $0.5244
Капитализация $28.964b Rank 7
Цена в час новости $ 0.4721 (10.97%)

ripple xrp ten actions show cryptos far

ripple xrp → Результатов: 126


Ripple собирается запустить DeFi-протокол

Ripple (XRP) продолжает совершенствовать XRP Ledger (XRPL). Теперь проект хочет привнести в экосистему децентрализованные финансы (DeFi). Разработчики Ripple представили предложение, направленное на создание в XRP Ledger экосистемы DeFi.

2024-4-15 16:04


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Эмитент XRP Ripple объявил о планах по запуску стейблкоина, обеспеченного долларами США, и надеется в течение ближайших лет отвоевать значительную долю рынка у Circle и Tether. Технический директор Ripple Дэвид Шварц (David Schwartz) сообщил, что первоначально стейблкоин будет выпущен в блокчейнах XRP и Ethereum.

2024-4-5 18:49


Фото:

Издание Forbes назвало блокчейн Ripple «зомби-сетью»

Журналисты издания Forbes усомнились в полезности экосистемы Ripple, в частности XRP Ledger (XRPL) и монеты XRP. Издание также назвало блокчейны Ripple, Cardano, Bitcoin Cash, Litecoin и Stellar «зомби-сетями».

2024-3-31 12:58


Ripple нарастила продажи XRP

В феврале компания Ripple продала 120 миллионов из зарезервированных для своей казны 200 миллионов XRP. Интересно в этом процессе то, что бездействующий два года адрес кошелька, который контролирует компания и который помечен XRP Scan как «Ripple (52)», отправил 100 миллионов токенов на сумму $53,5 миллиона на адрес «Ripple (1)».

2024-2-15 12:02


Ripple (XRP) Needs to Exhibit These Three Moves to Go Parabolic: Analyst

Analysts JD and Cryptotoes share crucial insights about Ripple (XRP), providing a glimpse into the potential for a parabolic move. JD lays out three key factors that could pave the way for a parabolic move in Ripple XRP: JD tantalizingly mentions that once these conditions align, smart money—representing 5% of investors—might seize the opportunity for […] The post Ripple (XRP) Needs to Exhibit These Three Moves to Go Parabolic: Analyst appeared first on CaptainAltcoin.

2023-11-28 20:30


Will XRP’s Price Jump After Another Ripple Win Against the SEC Be Short-Lived?

According to analysis firm Santiment, XRP spiked 8% following news that the SEC’s appeal against Ripple was denied. The immediate aftermath saw Ripple’s native cryptocurrency, $XRP, experiencing a swift +8% surge, and it has swiftly become a focal point, constituting nearly a quarter of discussions related to the top 100 assets in the crypto space.

2023-10-4 10:19