What Would Happen If Xrp Is A Security
In my last post i wrote i m going to make a short at 0 198 first make a profit on half of the position at around 0 176 and then on 0 17 as the second profit target.
What would happen if xrp is a security. I have a question yesterday i withdraw money from casino via visa direct and received money instantly on my bank account in 5 minutes. Ripple labs brings on former top sec officials to help defend. Is this a bad sign or not. With a fleetcor pilot ripple gains more momentum as the sec.
3 reasons xrp is not a security. Follow him on twitter at readdanwrite. Is ripple xrp a security sec chairman jay clayton. In the past 2 3 years digital currencies gained a lot of popularity.
Daniel roberts is an editor at large at yahoo finance and closely covers bitcoin and blockchain. Sec guidance gives ammo to lawsuit claiming xrp is. Imo the sec need to be clear on wether or not xrp is a security and then implement a clear regulatory framework which ripple can work with and align their strategy from a legal and regulatory point of view. Today units of ripple are trading for about 0 65 that article was published yesterday and xrp was trading for around 0 94.
The reason behind this is growing acceptance by general public and general believe that technology is here to stay. Today the most expensive currency of the world is the cryptocurrency bitcoin but it is not the only one that attracts tones of interest. What the third bitcoin halving means for crypto investors. Once this happens the ball can start rolling properly moneygram does not need to be the only way to utilise xrp banks could then start.
Investors are forced to simply trust those that hold the majority of them to not simply dump them and destroy the price. Analyze the time bar. Today s xrp usd market analysis. What is your long term perspective.
In the past i always waiting a few days what this mean for future between visa and ripple. But what matters is what the sec says and it still hasn t said what it thinks about xrp. The above image is an hourly chart of xrp usd. The incontrovertible fact that the banks that favor the ripple platform seem to have a bonus over those that don t use it exhibits the importance of ripple for banks.
Xrp is a cryptocurrency aimed primarily at monetary establishments so they can convert their funds into and switch it rapidly to other institutions around the globe. Xrp was in the top 3 during that period and still is.
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