The XRP price began the year at around $0.20 and reached a high of $0.70 in December. The price then fell back down to around $0.20 by the end of the year. The SEC lawsuit against Ripple likely impacted the XRP price in 2020. The lawsuit was filed in December 2020 and accused Ripp...
In 2020, the SEC sued Ripple, alleging that it had violated securities laws when it issued XRP. The unresolved suit depressed XRP's price as investors waited to see how the litigation would progress. Last year, a judge ruledmostlyin XRP's favor and fined Ripple $125 million, a relatively ...
XRPs’ Price in the Mists of Lawsuit If, at the beginning of 2020, XRP was below $0.20, it touched the highest point of the year at just above $0.80. Yet, XRP failed to establish reliable support in the area, leaving prices tumbling down to the lowest recorded levels of the year. ...
If you haven't been following the long, drawn-out legal proceedings involving XRP,Ripple(the company behind the XRP token), and the SEC, consider yourself lucky. The case, which started in December 2020, has taken so many twists and turns that it has been almost impossible to keep up. J...
XRP, the cryptocurrency created by Ripple Labs, has experienced a remarkable resurgence in recent times. Its market cap has surged by an additional $6 billion since March 2023, pushing it to the sixth most popular cryptocurrency in the world. XRP’s price has also increased by more than 37%...
Ripple(CCC:XRP-USD) has had a strong 2021 so far, as the price of XRP is up about 352%. Its followers have been cheering these recent gains, especially given the legal woes it is still facing. In 2020, the U.S. Securities and Exchange Commission (SEC) alleged that XR...
XRP’s price has risen by more than 300%, to around $2.3 per token, since President Donald Trump prevailed in the US elections on Nov. 5. Trump said he wants America to become the “world’s crypto capital” and has appointed industry-friendly leadership to key regulators. ...
XRP price remained buoyant, staying largely range-bound for the quarter compared to other large tokens, despite a decline in volumes and in the face of broader macro cues and BTC price action. Volumes have declined 39% QoQ to an ADV of $1.1B down from $1.8B. ...
The price of edged higher on Sept. 2 as traders assessed Ripple Labs gaining an edge over the United States Securities and Exchange Commission in an ongoing courtroom battle. The XRP/USD exchange rate surged 4.74% to reach $1.296 for the first time since Aug. 23. The pair's climb ...
In recent months, the price of XRP has typically traded for well under a dollar. Transaction costs Transaction fees for other cryptocurrencies can be quite expensive, but XRP’s average cost per transaction has consistently been a small fraction of a penny, making it one of the more cost-frie...