Ethereum

Will SEC release Ripple XRP after Ethereum

Published

on

As the SEC ends its long battle against Ethereumhis future against Ripple and XRP is still under debate. Ripple Labs and the SEC have been engaged in a lawsuit for some time now. Now that the regulator is dropping its charges against Ethereum, questions are being raised about its inconsistent approach to crypto regulation and how XRP will be treated.

Crypto industry experts have criticized the SEC for its bias in handling similar crypto cases, including Ripple Labs. Despite the legal battle, Ripple XRP has remained one of the leading crypto assets among investors and among the top 10 crypto assets by market capitalization in the market. Additionally, after the partial approval of the Ethereum Spot ETFs, rumors circulated that XRP would be the next cryptocurrency to receive a Spot ETF.

Recent developments in the Ripple case suggest that the SEC may not appeal the court’s ruling that XRP is not a security. If this happens, the asset can expect a huge increase in value. The Ripple vs. SEC lawsuit decision is also expected to be a crucial catalyst for the future crypto market.

Also Read: Ripple: Can XRP Hit $1 After SEC Lawsuit Resolution?

Will the end of the Ripple v. SEC lawsuit push XRP higher?

Source – WatcherGuru

Over the past week, Ripple (XRP) has seen a rather surprising increase in value. Despite a general market slowdown, the asset jumped more than 202% in trading volume. The hype around a potential XRP ETF is only fueling interest in the coin. In turn, this should inevitably push the coin past $0.50 once again.

Recently, the chairman and CEO of Ripple Labs both made the case for a Ripple XRP ETF. The CEO reportedly said that several other coins would inevitably get their ETFs as well. “People don’t just want to be exposed to one product,” Garlinghouse said in a statement. interview with Fox Business. He added that it “makes complete sense” to add more commodities to the market to give investors more trading options. Therefore, XRP could be a new competitor to ETH and BTC ETFs in the market.

Ultimately, we will have to wait for the official conclusion of the Ripple vs SEC lawsuit. However, the dropping of lawsuits against XRP shows that this will happen soon.

Fuente

Leave a Reply

Your email address will not be published. Required fields are marked *

Información básica sobre protección de datos Ver más

  • Responsable: Miguel Mamador.
  • Finalidad:  Moderar los comentarios.
  • Legitimación:  Por consentimiento del interesado.
  • Destinatarios y encargados de tratamiento:  No se ceden o comunican datos a terceros para prestar este servicio. El Titular ha contratado los servicios de alojamiento web a Banahosting que actúa como encargado de tratamiento.
  • Derechos: Acceder, rectificar y suprimir los datos.
  • Información Adicional: Puede consultar la información detallada en la Política de Privacidad.

Trending

Exit mobile version