Borroe entra nel mercato in mezzo all'effetto a catena, $ROE può raggiungere XRP e SNX?

Il mercato delle criptovalute ha ricevuto emozioni positive dopo una lunga battaglia tra Ripple (XRP) e la SEC statunitense. Tuttavia, mentre la notizia ha aumentato notevolmente il prezzo di Ripple (XRP), Synthetix (SNX) è rimasto relativamente stabile.

Timeline of Synthetix, Xrp

On July 13, 2023, Judge Analisa Torres of the United States District Court delivered a significant ruling, declaring that Ripple's XRP token should not be considered a security when traded on retail digital asset exchanges. This ruling marked a major victory for Ripple and the entire cryptocurrency community in the United States.

In the aftermath of the recent verdict, Ripple's CEO, Brad Garlinghouse, has spoken out against the U.S. Securities and Exchange Commission (SEC), accusing the agency of overstepping its authority in the cryptocurrency sector.

Elon Musk's Twitter "X" rebrand is garnering reactions across the board. Over the weekend, Twitter owner and Tesla CEO Elon Musk unveiled a new Twitter logo as part of a platform revamp, opting for a "minimalist art deco" X.

Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain firm also plans an expansion in the U.K. and Europe, according to media reports quoting Ripple executives.

XRP, riding on its latest price uptrend, achieved a momentous feat by surpassing BNB to claim the esteemed position of the fourth-largest cryptocurrency by market capitalization. Encouraged by the recent non-security ruling following Ripple Labs' arduous legal battle against the Securities and Exchange Commission, the value of XRP soared to new heights, and its popularity experienced a notable surge.

Indeed, although there is already a court ruling that XRP is not to be considered a security when it is traded on secondary markets (such as exchanges), the SEC could appeal to ask for a new ruling.

Since the summary judgment in the Ripple vs SEC case, XRP has captured the spotlight in the crypto market. Now the fourth-largest crypto by market capitalization, XRP, is currently experiencing a consolidation trend.

After a favorable outcome of the legal standoff between the United States Securities and Exchange Commission (SEC) and blockchain company Ripple, in which Judge Analisa Torres ruled that the sales of the XRP token on cryptocurrency exchanges do not constitute securities sales, several finance experts have given their own two cents.

The number of mega XRP whale wallets holding over 100 million XRP, equivalent to a staggering $74 million, has surged to an unprecedented 199, reports Santiment. According to data, this marks the highest number of such wallets since May 13, signifying a notable rise in investor interest and making XRP a top trending topic in July.

Ripple CEO Brad Garlinghouse has called for legislation to protect crypto retail users while criticizing the U.S. Securities and Exchange Commission (SEC) for assuming authority over the industry without legal jurisdiction.