Ripple litigation between the SEC and the XRP After the decision in favor, not only XRP, but almost all in cryptocurrencies A general upward trend began.
In his summary judgment, Judge Torres ruled that, according to the Howey test, sales of XRP by exchanges do not constitute a security. However, the judge stated that the institutional token sales made by the Ripple company are securities.
After the decision, a very positive atmosphere started in the crypto money market and the XRP price gained approximately 30%.
We conveyed the news to you for the first time in the world on bitcoinsistemi.com:
However, after the decision, there was approximately $ 33 billion in funding to the entire crypto money market.
On the Bitcoin side, with the development that seems more positive for altcoins, a more moderate rise was observed with the decline that followed the rise above $31,000 in the first place.
Again, there was an increase of 4% on the Ethereum side, which is known not to be considered as a security by the SEC.
On the other hand, altcoins such as Cardano and Solana, which were previously claimed to be securities by the SEC, increased by about 10%.
ISLAND:
LEFT:
*Not investment advice.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!