XRP Price Drops 10% Amid Regulatory Uncertainty and ETF Developments
XRP's recent price slide follows a SEC appeal and the filing of an ETF with potential market implications.
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XRP's recent price slide follows a SEC appeal and the filing of an ETF with potential market implications.
Bitcoin remains stable while XRP experiences a significant decline as the SEC initiates an appeal regarding its regulatory authority over cryptocurrencies.
The U.S. SEC has filed an appeal against a recent court ruling regarding Ripple's XRP sales, asserting that the decision conflicts with established securities law.
Bitcoin's brief surge above the $62,000 level was short-lived, as major altcoins like Ether, XRP, and ADA faced significant drops in value amidst a challenging market environment.
Bitwise Asset Management has taken a significant step forward in its plans for an exchange-traded fund (ETF) linked to XRP by submitting an S-1 filing to the SEC.
A performance overview of CoinDesk 20 shows XRP dropping while ATOM is the sole asset to gain.
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