Ethereum (ETH) price gained over 7.3 percent to trade around $2,010 on Friday with XRP and XLM up more than 60 percent in 24 hours.
The cryptocurrency community in the United States has celebrated one of its greatest achievements after the Judicial largely upheld XRP as a digital asset. Consequently, the entire cryptocurrency market capitalization had gained nearly 6.3 percent in the past 24 hours to about $1.3 trillion during the early Asian market on Friday. The recent crypto rally was triggered by the SEC vs Ripple final ruling by Judge Analisa Torres.
From the ruling, the Judge concluded that the XRP purchased directly from Ripple, which amounts to $728 million, were securities. Further, the Judge ruled that the Ripple programmatic sales amounting to $757 million do not satisfy security.
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Ethereum (ETH) price gained over 7.3 percent to trade around $2,010 on Friday with XRP and XLM up more than 60 percent in 24 hours.
The cryptocurrency community in the United States has celebrated one of its greatest achievements after the Judicial largely upheld XRP as a digital asset. Consequently, the entire cryptocurrency market capitalization had gained nearly 6.3 percent in the past 24 hours to about $1.3 trillion during the early Asian market on Friday. The recent crypto rally was triggered by the SEC vs Ripple final ruling by Judge Analisa Torres.
From the ruling, the Judge concluded that the XRP purchased directly from Ripple, which amounts to $728 million, were securities. Further, the Judge ruled that the Ripple programmatic sales amounting to $757 million do not satisfy security.