The cryptocurrency market is gaining in value despite the higher-than-expected US CPI data. Bitcoin rallied after falling to $18,800 yesterday. The leading cryptocurrency is currently hovering around $19,800. However, altcoins rose in line with BTC. However, the good news keeps coming. An altcoin, one of the leading cryptocurrencies, announced 2 important news. This news includes a new partnership and stock market listing.
Bitrue adds 10 pairs for this altcoin project
Cryptocurrency exchange Bitrue is expanding support for XRP with the listing of 10 new pairs. The XRP-friendly crypto exchange recently posted a tweet. Accordingly, XRP; MANA will serve as a base pair for SAND, ALGO, BTTC, HBAR, AAVE, CHZ, DENT, APE and AR cryptocurrencies. Not only that. According to WhaleStats, XRP has been one of the most used altcoin projects among the top 1000 BSC whales in the last 24 hours. cryptocoin.com As we reported, XRPL now has a testnet offering smart contracts. According to XRPL Labs, Hooks Testnet V2 was quietly introduced a few months ago. Also recently announced is Hooks Builder, which allows developers to create layer-1 smart contracts on XRPL.
However, the SEC-Ripple lawsuit also seems to be in Ripple’s favour. The judge accused the SEC of “hypocrisy” after allegations that the 2018 Hinman speech had nothing to do with crypto regulation. He also claimed that former SEC official William Hinman had sought legal advice from SEC counsel. Finally, a former Ripple advisor became a senior official at the FED. Michael Barr will serve as vice president of audit at the Federal Reserve. All this is good news for the altcoin.
Ripple (XRP) enters Morocco thanks to new partnership
Thunes, a global cross-border payments company, has formed a strategic partnership with Attijariwafa bank, one of the largest banks in Morocco and Africa. Therefore, the altcoin will now have the opportunity to expand into Morocco. This partnership is significant as Ripple and remittance platform RippleNet connect Thunes to Attijariwafa Bank. Attijariwafa Bank customers will make cross-border transfers faster with the connection between RippleNet and Thunes.
However, Ripple was shortlisted in the G20 TechSprint competition under the Indonesian G20 Presidency. The competition encourages participants to come up with ideas for creating effective and robust tools for issuing, distributing and transmitting CBDCs. There are big companies such as Mastercard and Asia Pacific in the competition. Additionally, Dragonfly and Ripple took their place as two of the 21 finalists. Finalists join the team to create an effective and robust tool for issuing, distributing and transmitting CBDCs.
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