XRP

2022 - 9 - 23

Crypto Update: Ripple XRP Surges After Legal Filing (Forbes)

What's the latest news from the world of cryptocurrency? We monitor all the latest moves and keep you updated regularly with the key developments. Plea.

This means that any of them operating in the UK are doing so illegally and consumers should not be using them. According to the FCA, these “are UK businesses that appear to be carrying on cryptoasset activity that are not registered with the FCA for anti-money laundering purposes”. Following his recent [Spring Statement](https://www.forbes.com/uk/advisor/personal-finance/2022/03/23/spring-statement-2022/), Mr Sunak came under pressure from all sides of the political divide for not doing more to help the UK’s increasingly hard-pressed households. NFTs, along with cryptocurrencies such as Bitcoin, use [blockchain](https://www.forbes.com/uk/advisor/investing/what-is-blockchain/), a multi-point computer ledger designed to safely store digital data. [hard fork](https://www.forbes.com/uk/advisor/investing/cryptocurrency/crypto-glossary-of-terms-acronyms/#F)’, the new Terra chain will separate from the old Terra Classic chain. These are likely to chime with the FCA’s current view, given that the regulator has issued [ multiple warnings](https://www.forbes.com/uk/advisor/personal-finance/2021/01/11/fca-issues-stark-crypto-warning-to-investors/) to consumers in connection with cryptocurrenices over the past two years. The crypto option will be available to the 23,000 employers that use Fidelity to administer their retirement accounts by the summer. Since the UK is no longer an EU member, crypto issuers and exchanges operating in the UK won’t be subject to MiCA rules. “As more regulators and governments mobilise to introduce regulation I hope they ensure that industry leaders are part of the process. [Bitcoin](https://www.forbes.com/uk/advisor/investing/cryptocurrency/bitcoin/), the best-known cryptocurrency, currently trades at just over £18,000. “A widespread collapse of crypto-asset valuations has cascaded through the crypto ecosystem and generated a number of high-profile firm failures. Stablecoins are a form of cryptocurrency whose value is ‘pegged’ to a traditional ‘fiat’ currency, such as Sterling or the US Dollar.

3 Reasons Why XRP is Shooting up in Price Right Now (Watcher Guru)

Trader optimism in XRP has increased this month and investors are willing to risk placing their bets in the crypto. The risk paid off as the asset defied the ...

The Crypto is down 84.3% from its all-time high of $3.40, which it reached in January 2018. Both Ripple and the SEC have asked a judge to settle their ongoing lawsuit and provide a [swift verdict](https://beincrypto.com/sec-v-ripple-demand-for-a-swift-verdict-helps-xrp-price-soar/). Rumors are also doing the rounds that the court will provide a verdict and settle the Ripple vs SEC lawsuit in December 2022. The development made XRP to further break out in price and remained bullish in September. The asset is attracting heavy bullish sentiments and is on an upward trajectory for the last 30 days. Trader optimism in XRP has increased this month and investors are willing to risk placing their bets in the crypto.

Ripple: XRP on the rise in a big way - The Cryptonomist (The Cryptonomist)

The performance of Ripple and the XRP token · Ripple (XRP): security or utility token? · Never-ending Ripple-SEC lawsuit: nearing a conclusion? · The price of XRP ...

The crypto market seems convinced that Ripple will eventually win its case against the SEC, or at any rate that XRP will not be declared a security. It should not be forgotten that Ripple still holds about half of the existing XRP tokens. It is a risky investment that may or may not produce gains, in some ways more like a bet than a security. [$XRP]/ [$BTC]has hit a one-year high of 0.000025 on the continued optimism of a potential settlement of [#Ripple]with the [#SEC]. In the US, that agency is the Securities and Exchange Commission ( The SEC claims that this cryptocurrency was initially a security, whereas now it may no longer be one. However, this too was a speculative bubble that later deflated. [https://t.co/z0E12cpn4G] [pic.twitter.com/dnmQZVxfvO] Typically, a security is defined as a true investment contract, i.e. a security. The second scenario is for the judge to rule in favor of the SEC, with regard to the sale of the cryptocurrency Ripple in the market in its early days, but in favor of XRP with regard to the current nature of the cryptocurrency. At that time, the cryptocurrency was still completely in the hands of the company, so much so that its very name was still Ripple, and apparently the company sold it as if it were a form of investment in the company itself.

Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50 ... (Bitcoin News)

XRP was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. Cronos also rallied on Friday.

[Bitcoin.com](https://bitcoin.com) does not provide investment, tax, legal, or accounting advice. Disclaimer: This article is for informational purposes only. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility. [XRP](https://markets.bitcoin.com/crypto/XRP) [XRP](https://markets.bitcoin.com/crypto/XRP) was higher for a second consecutive session on Friday, as the token moved to a fresh four-month high. Cronos was also a notable mover today, climbing by nearly 15%. [XRP](https://markets.bitcoin.com/crypto/XRP) begin to reverse course.

The Crypto Report: Bitcoin and Ethereum get a reprieve as Ripple ... (Proactive Investors USA & Canada)

The crypto market looks set to end a volatile week with a welcome recovery, adding close to 5% in early Friday trade. At US$952bn, the...

In the decentralised finance (DeFi) space, Curve’s recent sluggish performance saw a bit of a reversal today, with 5% added to its market cap, while Compound Finance and MakerDAO are also performing well. The payment token is now at four-month highs, buoyed mainly by potentially good news coming out of its long-running legal spat with the Securities and Exchange Commission. After a valiant effort by the short squeezers, Terra Classic (LUNC) ultimately ended the week in a worse position, with the bears managing to depress the community-run project by nearly 6%.

XRP investors, the long wait for happier days is finally over because… (AMBCrypto)

XRP registered more than 64% seven-day growth, a performance, which was better than all the top 100 cryptos in terms of market...

Interestingly, several other on-chain metrics also supported the possibility of a further uptick in the coming days. With all these developments happening in the XRP community, the future of the token looked promising after a long wait. Additionally, a further encouraging hint was that since late 2020, the active shark and whale addresses holding 1 million to 10 million XRP had been in an accumulation trend. It was also suggestive of the fact that the price surge may continue in the coming days. XRP’s social mentions and social engagement also spiked by 12% and 64% in the last week, respectively. The excitement also has a solid ground since XRP’s recent price action was commendable.

XRP hits 13-month high versus Bitcoin with 35% daily surge — But ... (Cointelegraph)

XRP's price rally comes on the heels of a potential lawsuit win for Ripple versus SEC.

[buying the rumor](https://cointelegraph.com/news/buy-the-rumor-buy-the-news-btc-price-passes-63k-as-us-bitcoin-etf-launches) in the run-up to the Ripple vs. In other words, the XRP/USD pair could drop to $0.31 by the end of 2022, down almost 40% from Sept. [Ripple and SEC filed motions](https://cointelegraph.com/news/ripple-sec-case-heads-for-conclusion-after-summary-judgment-filed) [ for a summary judgment with the court on Sept. XRP/BTC has already corrected by nearly 10% from its 13-month peak, as shown in the chart below. An extended pullback from the trendline resistance could see XRP test its near-term horizontal trendline support as its next downside target. The percentage of entities holding between 1 million and 10 million XRP tokens — known as sharks and whales — has risen as a whole to 6.35% on Sept. Every investment and trading move involves risk, you should conduct your own research when making a decision. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from 0.00002132, a 35% price rally versus Bitcoin in one day. Meanwhile, the same timeframe saw XRP rising as much as 42% But while it remains to be seen if this will then turn into "sell the news," depending on the outcome of the ruling, XRP's technicals are hinting at a potential correction. Securities and Exchange Commission (SEC). 23, 2022, up from 5.43% on Dec.

XRP