Status

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/judge-rules-xrp-transactions-are-not-securities/" data-wpel-link="internal">Judge Rules XRP Transactions Are Not Securities</a><br></p>
<p style="text-align: justify">After the past 3.5 years, the end of the Ripple-SEC case, one of the biggest uncertainties in the cryptocurrency world, remains a topic of curiosity. It is accepted as a fact that the <a href="https://en.coin-turk.com/ripples-xrp-continues-to-trade-below-0-5-amidst-legal-disputes-new-update-could-make-headlines/" data-wpel-link="internal">XRP</a>, at the center of the case between Ripple and the SEC, has been under significant pressure due to this process. Moments ago, a historic development occurred in the case, reminiscent of last year’s July-August period.</p> 
<h2 style="text-align: justify" id="current-status-of-the-xrp-sec-case">Current Status of the XRP-SEC Case</h2> 
<p style="text-align: justify">July 2023 was a complete comeback and a strong recovery period for XRP and Ripple executives. Judge Torres made a significant decision at that time, ruling that XRP was not a security, which caused the altcoin to soar.</p> 
<p style="text-align: justify">Another significant event occurred moments ago. The judge ruled that XRP transactions on crypto exchanges do not constitute a securities offering, granting Ripple a partial victory. The SEC’s substantial punitive expectations seem unmet for now, as the judge only fined Ripple $125 million, causing a significant stir in the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a>.</p> 
<h2 style="text-align: justify" id="what-is-the-current-price-of-xrp">What Is the Current Price of XRP?</h2> 
<p style="text-align: justify">Following <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">the news</a>, attention turned to the XRP price. XRP was continuing the week with a 16% drop, but things seem to be turning around. The price of XRP increased by 6% in the last hour and 3.53% in the last 24 hours, reaching $0.5304 at the time of writing, up from $0.50 before the court decision.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-377896" src="https://coin-turk.com/wp-content/uploads/2024/08/xrp-fiyat-grafik-coin-turk-com.png" alt="" width="1363" height="78"></p> 
<p style="text-align: justify">Following this news, XRP’s market volume also increased, reaching up to $29.7 billion. On the other hand, the news also triggered the 24-hour trading volume. It was observed that the market volume, which had dropped by 10% in the last 24 hours to $1.6 billion, started to rise following the news.</p> 
<p style="text-align: justify">After the court decision last year, it was observed that XRP moved towards $1 but did not reach it. At that time, there was a significant stagnation in the market. Considering the crash on Monday that pulled all cryptocurrencies down, it seems that the question of what price level XRP will move to will remain a topic of curiosity.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/judge-rules-xrp-transactions-are-not-securities/" data-wpel-link="internal">Judge Rules XRP Transactions Are Not Securities</a></h5>
<p>The post <a href="https://en.coin-turk.com/judge-rules-xrp-transactions-are-not-securities/" data-wpel-link="internal">Judge Rules XRP Transactions Are Not Securities</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Judge Rules XRP Transactions Are Not Securities

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