6/14/2023 0 Comments Ripple market watch![]() XRP continued its bullish trend, evidenced by its Relative Strength Index (RSI) line crossing over the 60 line. As of this writing, XRP was trading at approximately $0.51, showing a gain of nearly 1%.Īdditionally, a support range was forming around the $0.50 and $0.48 price levels. Dow Jones MarketWatch and Business Insider, from the dot-com crash, the rise. Upon analyzing the daily timeframe of XRP, it was evident that despite concerns surrounding the ongoing legal battle with the SEC, XRP had managed to trend upwards. Ripple CEO Brad Garlinghouse isnt apologizing for his companys pugnacious. BT Group, one of the biggest telecom companies in the U.K., said it was reducing its workforce by as much as 42, or about 55,000 workers, by the end of the decade. Volume and daily timeframe analysis of XRP One possible explanation for this could be the ongoing legal battle between Ripple and the SEC. Ripple is committed to driving mass adoption of Web3 projects globally and is also focused on central bank digital currencies (CBDCs) and crypto liquidity solutions to bridge the new world of digital assets with the traditional. Some commenters pointed out this omission and raised concerns about it. Ripple uses XRP in its solutions because it is fast, efficient, reliable and supports customers' compliance efforts. However, the official statement did not mention the role that XRP would play in the new service, nor was XRP mentioned at all. ![]() The long-running court case between Ripple Labs and the US Securities and Exchange Commission (), which could set a precedent for the whole cryptocurrency industry, could come to an end after the Ripple/SEC lawsuit entered its third calendar year. The XRP questionįollowing Ripple’s announcement on Twitter, it was evident that XRP enthusiasts were excited about the launch of the Liquidity Hub. The SEC filed a lawsuit against Ripple In December 2020, arguing that XRP was an unlicensed security Photo: Shutterstock. Ive outlined the shares outstanding and public float for each. The initial version of the Liquidity Hub will support a range of cryptocurrencies such as Bitcoin (BTC), Ethereum, Bitcoin Cash, Ethereum Classic, and Litecoin, as well as fiat currency, the U.S. The top half of each picture shows what is on MarketWatch and the bottom half is Yahoo Finance. This means the platform will offer a range of digital assets from various market makers, including crypto exchanges and over-the-counter trading desks. The Liquidity Hub aims to provide its partners with access to payout rails on a global scale and has been designed with an enterprise perspective in mind. According to the release, the newly launched service will operate independently and complement Ripple’s widely-used cross-border payments solution, On-Demand Liquidity (ODL). On 13 April, Ripple made an official announcement regarding the launch of its Liquidity Hub. Source: Santiment Ripple launches B2B Crypto Liquidity API Solution
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