$XRP Is Biggest Percentage Gainer Among Top 50 Cryptocurrencies After 16% Surge

On Tuesday (March 21), XRP is outperforming Bitcoin and all altcoins among the top 50 cryptocurrencies by market cap with a nearly 18% gain versus USD. According to data from TradingView, on crypto exchange Bitstamp, currently (as of 4:35 p.m. UTC on March 21) XRP-USD is trading at around $0.44057, up 15.

Timeline of Xrp

Cryptocurrency is not an old industry. Bitcoin kicked off the industry as we know it when Satoshi Nakamoto mined the Genesis block on January 3rd 2009, as the world reeled from one of the worst financial crashes in recent memory.  Only three years later, XRP was launched, a decentralised asset built for payments.

Xrp rose to a two-month high on March 21, despite crypto markets mostly consolidating in today's session. The token surged by as much as 12% on Tuesday, whilst the global market cap is trading 0.51% higher as of writing. Cardano was also in the green today.

XRP News: The global digital asset market recorded a slight downturn on Monday after witnessing a massive surge amid the ongoing banking crisis. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices registered a decline of around 2% each.

Crypto News: As the U.S. Securities and Exchange Commission (SEC) continues to regulate the digital asset industry through enforcement, the nation's Supreme court will hear the first ever crypto related case. However, XRP holders' lawyer has drawn his prediction around the lawsuit where US SEC might not have a good time.

In its legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple Labs yesterday filed a Letter of Supplemental Authority to further bolster its fair notice defense. As legal experts had already suspected, Bitcoinist reported, the letter refers to Judge Michael Wiles' ruling in the Voyager bankruptcy case.

XRP Lawsuit News: Defendants Ripple labs Inc, Brad Garlinghouse, and Chris Larsen submitted their notice of supplemental authority which they claim is relevant to their opposition to the US SEC's Motion for Summary Judgement. The new filling in the long running legal tussle is one of the last attempts utilized by defendants to avert the The post XRP Lawsuit: Ripple Executives Might Escape Trials But Fair Notice Cannot appeared first on CoinGape.

XRP is one of the major tokens in the crypto space and hence is believed to kick-start a fine upswing very soon. As the Bitcoin price kicked off a notable upswing and formed highs beyond $28,000 recently, the speculations of the star crypto hitting a million began to loom over the markets.

Ripple Labs has filed a new supplemental authority notice in the ongoing lawsuit against the US Securities and Exchange Commission (SEC) over the classification of XRP as a security.

XRP Price Prediction: defying the recent recovery phase in the crypto market, the XRP coin price has witnessed a sustained downfall for nearly two months under the influence of a falling wedge pattern. The altcoin bounced off the pattern's converging trendline multiple times indicating the traders are strictly respecting this pattern.

The number of whales on the $XRP Ledger has recently grown, at a time in which large investors have been aggressively accumulating the cryptocurrency, presumably anticipating a favorable outcome in the legal battle between Ripple and the U.S. Securities and Exchange Commission.