Ripple wins legal dispute: Ethereum (ETH) benefits and increases by over 7 percent

Der Krypto-Sektor könnte sich dank eines jüngsten Erfolgs im langwierigen Rechtsstreit von Ripple bald wieder erholen. Diese positive Entwicklung wirkt sich auch auf andere Kryptowährungen wie Ethereum (ETH) aus. Ethereum, der zweitgrößte Coin nach Marktkapitalisierung, verzeichnete am gestrigen Donnerstag einen Anstieg von über sieben Prozent. Für Anleger könnte dies der Beginn einer nachhaltigen Erholung sein. Nach über einem Jahr des Rechtsstreits bahnt sich bei Ripple endlich ein erster Erfolg an. Ripple, das Unternehmen hinter der Kryptowährung XRP, ist seit Dezember 2020 mit einer Klage der US-amerikanischen Börsenaufsicht SEC konfrontiert. Die SEC wirft Ripple vor, unregistrierte Wertpapierangebote im Wert von 1,3 …
The crypto sector could soon recover thanks to a recent success in the lengthy legal dispute of Ripple. This positive development also affects other cryptocurrencies such as Ethereum (ETH). Ethereum, the second largest coin after market capitalization, recorded an increase of over seven percent yesterday on Thursday. This could be the beginning of a sustainable recovery for investors. After more than a year of the legal dispute, Ripple finally has a first success. Ripple, the company behind the cryptocurrency XRP, has been confronted with a lawsuit by the US Stock Exchange Supervision SEC since December 2020. The SEC accuses Ripple, unregistered securities offers worth 1.3 ... (Symbolbild/KNAT)

Ripple wins legal dispute: Ethereum (ETH) benefits and increases by over 7 percent

The crypto sector could soon recover thanks to a recent success in the lengthy legal dispute of Ripple. This positive development also affects other cryptocurrencies such as Ethereum (ETH). Ethereum, the second largest coin after market capitalization, recorded an increase of over seven percent yesterday on Thursday. This could be the beginning of a sustainable recovery for investors.

After over a year of the legal dispute, Ripple finally has a first success. Ripple, the company behind the cryptocurrency XRP, has been confronted with a lawsuit by the US Stock Exchange Supervision SEC since December 2020. The SEC accuses Ripple of having carried out unregistered securities offers worth $ 1.3 billion. At that time, this led to a severe decline in XRP and also affected other cryptocurrencies.

However, there is now signs that Ripple could take a positive turn in the legal proceedings. This has led to a positive mood in the entire crypto sector. Ethereum in particular benefited from this development. Ethereum is one of the best known and most common cryptocurrencies alongside Bitcoin. The increase in over seven percent shows that investors have confidence in Ethereum again and assume that the entire crypto market is possible.

For investors, this could be the beginning of a sustainable recovery. The crypto sector is known for its volatility, and positive news like this can encourage investors to re-invest in cryptocurrencies. It remains to be seen how Ripple's legal dispute will develop and what effects this will have on the entire crypto market. Both Ripple and Ethereum could benefit from a positive decision and record further course increases.

It is important to note that cryptocurrencies are still associated with risks. Investors should find out more about the respective currency and the market before an investment. A possible recovery of the crypto sector should not be understood as a guarantee for future profits.

This article is a summary of current information and does not constitute investment advice. Investments in cryptocurrencies should be carefully checked. It is recommended to contact a financial advisor before investing in order to receive individualized advice.