Ripple CEO says the SEC helped Ethereum to overtake XRP as No.2 crypto
The Ripple boss claims his company was unfairly treated which has given Ethereum the edge. Ripple chief executive Brad Garlinghouse has been airing his thoughts over the state of the crypto market and regulations, and a grudge over the financial regulator’s approach to Ethereum appears to have surfaced.Speaking at the DC Fintech Week virtual conference on Oct. 21, the Ripple boss declared that Ethereum had been granted a regulatory green light that enabled it to surpass his company’s XRP token.The U.S. Securities and Exchange Commission has been pursuing Ripple over claims that XRP is an....
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Ripple’s impressive rally didn’t last long and its market cap quickly fell from around $16 bln to $13 bln in less than a week. Ethereum took advantage over Ripple’s instability and took over XRP to reclaim its spot in the rankings as the second largest cryptocurrency or crypto asset, behind Bitcoin. The fierce competition: Ethereum vs. Ripple. Over the past five months, Ethereum and Ripple have been fiercely competing with one another to secure the position of being the largest altcoin in the market. Ripple has been aggressively marketing its partnership with leading banks such as BBVA and....
Ripple (XRP) has managed to make a quick rebound at the end of the week. That said — will Ripple go bullish at least for the short term? On the chart, XRP is seen to be cascading downward. The current support zone is set at $0.33 which has helped skew the decline in price. Now, in order to stay afloat, the bulls should manage to keep Ripple’s price point above this mark. When done successfully, Ripple (XRP) will tend to move above the static resistance line; specifically at $0.55, and then move to $0.68. As of this writing, the crypto is trading at $0.430831 on Coingecko, down 16% in....
Ripple (XRP) has managed to make a quick rebound at the end of the week. That said — will Ripple go bullish at least for the short term? On the chart, XRP is seen to be cascading downward. The current support zone is set at $0.33 which has helped skew the decline in price. Now, in order to stay afloat, the bulls should manage to keep Ripple’s price point above this mark. When done successfully, Ripple (XRP) will tend to move above the static resistance line; specifically at $0.55, and then move to $0.68. As of this writing, the crypto is trading at $0.430831 on Coingecko, down 16% in....
[Update: It has been found that Ripple have been experiencing a huge inbound money from companies all around the world, thanks to one of our readers. As for now, the accusation mentioning it to being artificially pumped stand nowhere.]. If the figures available at CoinMarketCap.com are to be believed, Ripple value went through a whopping 30% surge in between the November 26th and 27th trading session. The sudden price explosion helped Ripple to solidify its number two position, in terms of overall market cap. At press time, the approximate gap between the Ripple and Litecoin's market cap....