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The lawsuit, initiated in December of 2020, seemed like it would’ve been a shoo-in for the Ripple network. Since then, though, it’s been a turbulent battle, and one that’s kept the XRP coin ...
SEC v Ripple news updates appear to favor Ripple’s defense. Despite this, XRP continues its pullback from $0.91 levels struck in late March.
XRP has struggled after the Securities and Exchange Commission appealed a U.S. District Court ruling in favor of XRP in a prior lawsuit.
The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
The good news is that Ripple has capped XRP's supply at 100 billion tokens. On the demand side, Ripple's adoption will ultimately determine its success and XRP's investment potential.
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
What happens with the SEC lawsuit and whether or not Ripple does go public could affect XRP price predictions for the rest of 2022. Changelly predicts XRP could reach $0.57 by December, and it has ...
On December 14, Gunna was released from prison after being arrested in May 2022. On December 19, Pusha T stepped down as president of GOOD Music after a seven-year tenure and left the label. On December 22, Big Scarr died in his hometown of Memphis, Tennessee , at the age of 22 from a drug overdose.