XRP explodes, Bitcoin with a new 52-week high: Ripple judgment ensures increasing courses in the cryptocelt

Von Krypto News Österreich

Urteil in den USA: Ripple (XRP) ist kein Wertpapier Jahrelang hat es gedauert, doch nun steht fest: Die Kryptowährung XRP, die von Ripple Labs ausgegeben wird, wird von einem US-Gericht nicht als Wertpapier („Security“) eingestuft. Diese Entscheidung sorgt für Erleichterung unter den Marktteilnehmern und führt zu massiven Kurssteigerungen bei Krypto-Coins und Aktien mit Bezug zum Kryptomarkt. Die Bezirksrichterin Analisa Torres stellte fest, dass XRP nur dann als Wertpapier gilt, wenn es direkt an institutionelle Investoren verkauft wird. Handel von Privatanlegern an Kryptobörsen verstößt hingegen nicht gegen US-Wertpapiergesetze. Viele Branchenbeobachter werten dieses Urteil als Sieg für Ripple Labs und als Niederlage …
Judgment in the United States: Ripple (XRP) has not been a security for years, but now it is certain: The cryptocurrency XRP, which is issued by Ripple Labs, is not classified by a US court as a securities ("security"). This decision ensures relief among the market participants and leads to massive price increases in crypto coins and stocks with reference to the crypto market. The district judge Analisa Torres found that XRP is only considered a security if it is sold directly to institutional investors. However, trade in private investors on crypto bonds do not violate US securities laws. Many industry observers consider this judgment as a victory for Ripple Labs and as a defeat ... (Symbolbild/KNAT)

judgment in the USA: Ripple (XRP) is not a security
It took years, but now it is certain: the XRP cryptocurrency, which is issued by Ripple Labs, is not classified by a US court as a security ("security"). This decision ensures relief among the market participants and leads to massive price increases in crypto coins and stocks with reference to the crypto market.

The district judge Analisa Torres found that XRP is only considered a securities if it is sold directly to institutional investors. However, trade in private investors on crypto bonds do not violate US securities laws. Many industry observers consider this judgment as a victory for Ripple Labs and as a defeat for the US stock exchange supervision Sec.

The reaction of the cryptomark to the verdict was accordingly positive. The XRP course almost doubled on Thursday evening and listed over 60 percent higher on Friday morning at $ 0.77. The market capitalization has risen to $ 41 billion, making XRP fourth place in the largest crypto coins and tokens after market capitalization.

other old coins also recorded double -digit price gains on Friday. The exclusive crypto-tsi index also benefits from it. Above all, the coins and tokens, which the SEC were mentioned as supposed securities as part of the complaints against Coinbase and Binance in early June, are at the top of the list of winnings.

The Bitcoin currently notes around three percent higher at around $ 31,200 after reaching a new 52-week high of $ 31,814.51 on Thursday evening.

Shales of companies with reference to the cryptom market could also benefit from the Ripple judgment. The Coinbase share has recorded the biggest daily profit since the stock exchange debut in April 2021 with almost 25 percent gain. The shares of crypto miners such as Marathon Digital and Riot Platforms also increased strongly and each closed around 15 percent higher. The Microstrategy share reached a new 52-week high of $ 461.83 and closed around twelve percent higher.

Although it is not an acquittal first class and the last word has not yet been spoken, the judgment in the dispute between the Sec and Ripple Labs ensures jubilation at the cryptomarkt. It is a first big step towards more clarity about which cryptocurrencies in the USA are categorized as securities. Nevertheless, the regulatory debate is not over.

Investors should be prepared for persistent volatility despite the current price gains. Invested investors should take their profits with them and adapt their goals and stops for ongoing recommendations for marathon digital (+160 percent since the first recommendation), Microstrategy (+60 percent) and Riot Platforms (+115 percent). In addition, the long -term purchase recommendation for Bitcoin remains.

Reference to conflicts of interest:
The CEO and majority owner of the publisher Börsenmedien AG, Mr. Bernd Förtsch, and the editor -in -chief of this publication, Mr. Leon Müller, are directly and indirectly invested in positions via Bitcoin or associated derivatives, from which you can benefit from a positive course development. The author of the article also keeps positions via Bitcoin or associated derivatives.