In a newly-published whitepaper, Ripple recommended that the UK pull odds and ends of various crypto regulations from around the world….
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: News Summary: Bitfinex & Nansen Proof-of-Reserves, BTC Volatility Hits Yearly Low in October, SEC Gets Support Against Ripple…
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The XRP price has fallen by 2% in the past day and by 20% in the past week as the fallout from FTX’s apparent insolvency continues to wreak havoc on the cryptocurrency market. The altcoin is also down by 27% in the past month, with the downturn of the past few days all but erasing gains it had posted following positive news coming out of Ripple’s case against the SEC….
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XRP price is wallowing in a bearish cloud that is following the cryptocurrency market – especially among the top 100 assets. The international money transfer token is trending 5.7% lower as bulls rush to defend support, highlighted at $0.4280 on its daily time frame chart…. Read More: XRP Price Prediction as XRP Overtakes Dogecoin in Market Cap Rankings – Top 3 Soon?
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XRP price prediction remains neutral as Ripple trades within a symmetrical triangle pattern, with support at $0.4425 and resistance at $0.4845. The Securities and Exchange Commission (SEC) of the United States has requested that the deadline for filing all brief answers in support of Ripple Labs be extended until November 30, 2022.
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The XRP price has risen by 0.5% in the past 24 hours, reaching $0.456787. This marks a 2.6% decline in a week and a 1.5% gain in a fortnight, as the altcoin’s value continues to be pulled in opposite directions by wider market pessimism and positive developments in the ongoing Ripple-SEC case….
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Major crypto exchange Coinbase has followed advocacy group Investor Choice Advocates Network to voice its support for Ripple’s key defense in its legal fight against the SEC. News that Coinbase has come out in support of Ripple and its important “fair notice” defense means that Ripple now has a heavyweight player from the crypto industry on its side in the court case against the US financial regulator….
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The XRP price has dropped by 2% in the past 24 hours, despite benefitting from positive news in relation to Coinbase submitting an amicus brief in support of Ripple’s case against the SEC. The downward movement means that the altcoin now sits at $0.453767, representing a 1.5% fall in a week and a 1% rise in the last 30 days….
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won’t Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC…
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America’s largest crypto exchange is getting more and more vocal with its support for industry peers engaged in legal battles with the SEC….
Continue reading on https://decrypt.co/113283/coinbase-is-backing-ripple-against-the-sec
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