For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money.
In a Friday filing, Ripple Labs pushed back against the SEC’s allegations.
There appears to be strong support around $30,000, according to traders.
Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security.
The price of bitcoin has traded in a tight range Tuesday.
Clients residing outside the U.S. will be unaffected.
Bitcoin’s price is on a rising trend for the first time this week.
The regulator's stance contrasts with that of the U.S. Securities and Exchange Commission.
Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.
Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.
Data and traders reveal the source of XRP's recent price rally could be Asia.
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
With the sudden rise, XRP has replaced litecoin as the fourth-largest cryptocurrency by market cap.
Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.