* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, May 28, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Will Gio Stay Or Go On May 27 General Hospital? – Yahoo

    Will Gio Make a Shocking Exit on May 27th’s General Hospital

    First look: Disney shows star villains, Little Mermaid, tech – Yahoo

    Unveiling Disney’s Dark Side: A Sneak Peek at Iconic Villains, The Little Mermaid, and Cutting-Edge Technology!

    Fans Call Out Disney For Cutting Favorite ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry’ – Yahoo

    Disney Fans Heartbroken Over the Cut of Beloved ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry

    Oh My Girl’s sister group USPEER from WM Entertainment introduces individual members with high-energy clips for ‘Speed Zone’ debut – allkpop

    Get Ready to Meet USPEER: Oh My Girl’s Sister Group Unveils Dynamic Members in ‘Speed Zone’ Debut Clips!

    Ways to save money on entertainment and travel this summer – CBS News

    Smart Strategies to Slash Your Summer Entertainment and Travel Costs!

    ‘Devil Wears Prada 2’ Sparks Debate Over Miranda Priestly’s Fate – Yahoo

    Will Miranda Priestly Rise Again? The Controversy Surrounding ‘Devil Wears Prada 2

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Arqit acquires Ampliphae’s technology IP, enhancing its global encryption portfolio – GlobeNewswire

    Arqit Boosts Global Encryption Portfolio with Strategic Acquisition of Ampliphae’s Technology IP

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    China successfully tests new-gen satellite-to-ground data transmission technology – Global Times

    China successfully tests new-gen satellite-to-ground data transmission technology – Global Times

    Wireless Connectivity Technology Market Set to Witness – openPR.com

    Exploring the Future: Wireless Connectivity Technology Market Poised for Remarkable Growth!

    AI can do a better job of persuading people than we do – MIT Technology Review

    Why AI Outshines Us in the Art of Persuasion

    Cold Spray Technology: Parts Production Faster, Cheaper. – Marine News Magazine

    Revolutionizing Manufacturing: How Cold Spray Technology is Transforming Parts Production for Speed and Savings

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Will Gio Stay Or Go On May 27 General Hospital? – Yahoo

    Will Gio Make a Shocking Exit on May 27th’s General Hospital

    First look: Disney shows star villains, Little Mermaid, tech – Yahoo

    Unveiling Disney’s Dark Side: A Sneak Peek at Iconic Villains, The Little Mermaid, and Cutting-Edge Technology!

    Fans Call Out Disney For Cutting Favorite ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry’ – Yahoo

    Disney Fans Heartbroken Over the Cut of Beloved ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry

    Oh My Girl’s sister group USPEER from WM Entertainment introduces individual members with high-energy clips for ‘Speed Zone’ debut – allkpop

    Get Ready to Meet USPEER: Oh My Girl’s Sister Group Unveils Dynamic Members in ‘Speed Zone’ Debut Clips!

    Ways to save money on entertainment and travel this summer – CBS News

    Smart Strategies to Slash Your Summer Entertainment and Travel Costs!

    ‘Devil Wears Prada 2’ Sparks Debate Over Miranda Priestly’s Fate – Yahoo

    Will Miranda Priestly Rise Again? The Controversy Surrounding ‘Devil Wears Prada 2

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Arqit acquires Ampliphae’s technology IP, enhancing its global encryption portfolio – GlobeNewswire

    Arqit Boosts Global Encryption Portfolio with Strategic Acquisition of Ampliphae’s Technology IP

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    China successfully tests new-gen satellite-to-ground data transmission technology – Global Times

    China successfully tests new-gen satellite-to-ground data transmission technology – Global Times

    Wireless Connectivity Technology Market Set to Witness – openPR.com

    Exploring the Future: Wireless Connectivity Technology Market Poised for Remarkable Growth!

    AI can do a better job of persuading people than we do – MIT Technology Review

    Why AI Outshines Us in the Art of Persuasion

    Cold Spray Technology: Parts Production Faster, Cheaper. – Marine News Magazine

    Revolutionizing Manufacturing: How Cold Spray Technology is Transforming Parts Production for Speed and Savings

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Cryptoverse: Ripple effect as explosive XRP leads market charge

July 25, 2023
in News
Cryptoverse: Ripple effect as explosive XRP leads market charge
Share on FacebookShare on Twitter

XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums.

The price of XRP popped 78 per cent after a U.S. judge ruled on July 13 that issuer Ripple Labs’ sales of the token on public exchanges didn’t violate securities law, and it’s still up about 47 per cent. Its market cap has ballooned to $36 billion from $25 billion and its crypto market share to 3.5 per cent from 2 per cent before the ruling, according to CoinMarketCap.

Ripple’s landmark victory has galvanized the wider market for altcoins – cryptocurrencies excluding bitcoin – as much of the regulatory scrutiny on the sector focuses on whether some tokens should be classed as more tightly-regulated securities.

“It’s a big milestone for the altcoins sector, it is fair to assume that if XRP is not a security, barely any other digital asset can be considered that way,” said Matteo Greco, analyst at fintech and blockchain investment firm Fineqia International.

Indeed, the altcoin market cap has jumped to $665.2 billion from $636.38 billion before the ruling, according to CoinGecko, while a Cryptoquant index of the prices of the coins targeted as potential securities by the SEC has jumped 11 per cent.

“For the first time, it seems like we have rules of the road for how to evaluate these tokens,” said Ben Weiss, CEO of crypto ATM network CoinFlip.

The cheer spread throughout cryptoland, with bitcoin – which is generally considered a commodity rather than a security – touching a 13-month high after the ruling though it has since dropped back down below $30,000.

XRP VS STABLECOINS

It’s certainly not all smooth sailing for Ripple, or altcoins more generally, though. The SEC is likely to appeal the ruling, according to some legal experts, while trading volumes for the crypto space in general are still low compared to a year ago.

The lawsuit, combined with the rise of competitors such as stablecoins also hurt the token’s use in practical applications like payment settlements and remittances.

Ripple Labs said last week that its pursuit of sound crypto regulation in the U.S. was far from concluded. In the meantime, it said it would continue to invest in jurisdictions that have embraced clear regulatory frameworks.

The company was relisted by several crypto exchanges in the wake of its legal win, and some institutional investors are taking note; a Coinshares survey of 51 digital asset managers managing $900 billion in assets found 10 per cent of investors are investing in altcoins, versus 5 per cent last month, with some reducing positions in ethereum and bitcoin in favor of smaller altcoins like XRP and polkadot.

“Legal clarity on the token itself opens the door again to Ripple’s long-stated use cases as a settlement layer,” said Joseph Edwards, head of research at Enigma Securities.

He pointed to the massive growth of U.S. dollar stablecoins since 2020 as a factor for eroding XRP’s usage in settlements and remittances, as those tokens became favored for use in cross-border payments.

“A lot depends on how much dry powder Ripple Labs has to deploy to new business development initiatives,” said Edwards.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : ChannelNewsAsia – https://www.channelnewsasia.com/business/cryptoverse-ripple-effect-explosive-xrp-leads-market-charge-3652151

Tags: CryptoversenewsRipple
Previous Post

China state banks seen selling US dollars to prop up yuan -sources

Next Post

Confident Japan look to raise their level against Costa Rica

Here are all the reasons the economy is limping into Memorial Day weekend – MarketWatch

Why the Economy is Struggling as Memorial Day Weekend Approaches

May 28, 2025
Will Gio Stay Or Go On May 27 General Hospital? – Yahoo

Will Gio Make a Shocking Exit on May 27th’s General Hospital

May 28, 2025
Public health and civil rights organizations ask RFK Jr. to reconsider health agency layoffs – Reuters

Public Health and Civil Rights Groups Urge RFK Jr. to Reevaluate Health Agency Layoffs

May 28, 2025
Identity politics | Definition, Examples, & Facts – Britannica

Understanding Identity Politics: Key Concepts, Real-World Examples, and Insights

May 28, 2025
Arqit acquires Ampliphae’s technology IP, enhancing its global encryption portfolio – GlobeNewswire

Arqit Boosts Global Encryption Portfolio with Strategic Acquisition of Ampliphae’s Technology IP

May 28, 2025
Trump threatens to slash federal funding from California over youth transgender sports participation – Politico

Trump’s Bold Warning: Federal Funding at Risk for California Over Transgender Sports Participation

May 27, 2025
The Dialectics of Ecology and Ecological Civilization – Monthly Review

The Dialectics of Ecology and Ecological Civilization – Monthly Review

May 27, 2025
National Medal Of Science Winner John Dabiri To Present Free Lecture June 2 On How Jellyfish Can Solve Real-World Problems – Los Alamos Reporter

Unlocking Nature’s Secrets: Join John Dabiri for a Free Lecture on How Jellyfish Can Inspire Real-World Solutions!

May 27, 2025
Trump Has Cut Science Funding to Its Lowest Level in Decades – The New York Times

Trump’s Cuts Leave Science Funding at Historic Lows

May 27, 2025
Object 1 Launches New Lifestyle Project – RLI – Retail & Leisure International

Object 1 Unveils Exciting New Lifestyle Project!

May 27, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (644)
  • Economy (658)
  • Entertainment (21,566)
  • General (15,243)
  • Health (9,700)
  • Lifestyle (661)
  • News (22,149)
  • People (659)
  • Politics (666)
  • Science (15,880)
  • Sports (21,165)
  • Technology (15,646)
  • World (646)

Recent News

Here are all the reasons the economy is limping into Memorial Day weekend – MarketWatch

Why the Economy is Struggling as Memorial Day Weekend Approaches

May 28, 2025
Will Gio Stay Or Go On May 27 General Hospital? – Yahoo

Will Gio Make a Shocking Exit on May 27th’s General Hospital

May 28, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version