• Latest
  • Trending
XRP posts big gains as Russian banks face SWIFT ban

XRP posts big gains as Russian banks face SWIFT ban

March 1, 2022
BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

February 6, 2023
DeFi enjoys a prolific start to 2023: Finance Redefined

DeFi enjoys a prolific start to 2023: Finance Redefined

February 6, 2023
Spanish rehab center adds crypto trading addiction to services list

Spanish rehab center adds crypto trading addiction to services list

February 6, 2023
Dingo crypto token flagged as scam over 99% transaction fee backdoor

Dingo crypto token flagged as scam over 99% transaction fee backdoor

February 6, 2023
Bitcoin, Ethereum and select altcoins set to resume rally despite February slump

Bitcoin, Ethereum and select altcoins set to resume rally despite February slump

February 5, 2023
UK is ‘likely’ to need digital currency, says BoE and Treasury: Report

UK is ‘likely’ to need digital currency, says BoE and Treasury: Report

February 5, 2023
Starkware commits to open source its ‘magic wand’ Starknet Prover

Starkware commits to open source its ‘magic wand’ Starknet Prover

February 5, 2023
Visa’s crypto strategy targets stablecoin settlements

Visa’s crypto strategy targets stablecoin settlements

February 5, 2023
Shiba Inu price rebounds 100% after record lows against Dogecoin — more upside ahead?

Shiba Inu price rebounds 100% after record lows against Dogecoin — more upside ahead?

February 5, 2023
What is the global financial crisis and its impact on the global economy

What is the global financial crisis and its impact on the global economy

February 5, 2023
Bitcoin price may retest $20K on US CPI amid absence of soft landing — trader

Bitcoin price may retest $20K on US CPI amid absence of soft landing — trader

February 5, 2023
New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers

New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers

February 5, 2023
Monday, February 6, 2023
Retail
  • Home
  • Bitcoin
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Altcoin
  • ADA
  • Dogecoin
  • Litecoin
  • XRP
  • Regulation
  • Market And Analysis
No Result
View All Result
The Crypto Days
No Result
View All Result

XRP posts big gains as Russian banks face SWIFT ban

by marcell.major
March 1, 2022
in XRP
0


XRP, a major altcoin, has experienced record gains, even as Russia escalates its war against Ukraine, bombing its capital Kyiv and second-largest city, Kharkiv with rockets. XRP experienced its biggest single-day gain in a week.

The price of XRP was $0.78823 at the time of writing, up 10.24%. That is the highest percentage gain since Feb 25.

Indicators turned bullish with XRP’s recent price surge. Although the key support at $0.75 has held well, the price now appears to be recovering. It will be interesting to see how far the price goes before it runs into resistance. The $0.80 and $0.96 levels should be watched closely.

Mykhailo Fedorov, Ukraine’s vice prime minister and minister of digital transformation, earlier in the day requested “all major crypto exchanges block Russian addresses.” Europe and the U.S. have banned certain Russian banks from SWIFT, which is the messaging network supporting global financial transactions.

Due to this, investors viewed the move and counter-move as “further justifying the case for blockchain products to compete with SWIFT.”

XRP investors are also hoping that the Ripple case expert discovery concludes soon.

To conduct additional depositions, U.S Magistrate, Judge Sarah Netburn granted a motion to push the discovery deadline in the case between the SEC and Ripple, a blockchain company based in San Francisco, until February 28.

As a result of the move up, the market value of XRP now stands at $37.5 billion, or 1.96% of the total crypto market capitalization. XRP’s market cap reached $83.44 billion at its peak

XRP’s value has climbed 11.18 percent over the past week. Still, XRP is currently down 76.04% from its all-time high of $3.29 reached on January 4, 2018.

Related



Source link

YOU MAY ALSO LIKE

NFT Litigation Round-Up | Ingram Yuzek Gainen Carroll & Bertolotti, LLP

Ripple Manages To Pull $226 Million In XRP Sales For Q4 2022

Tags: banbanksBIGfacegainspostsRussianSWIFTXRP
ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

February 6, 2023
DeFi enjoys a prolific start to 2023: Finance Redefined

DeFi enjoys a prolific start to 2023: Finance Redefined

February 6, 2023
Spanish rehab center adds crypto trading addiction to services list

Spanish rehab center adds crypto trading addiction to services list

February 6, 2023

Recent News

BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

February 6, 2023
DeFi enjoys a prolific start to 2023: Finance Redefined

DeFi enjoys a prolific start to 2023: Finance Redefined

February 6, 2023
Spanish rehab center adds crypto trading addiction to services list

Spanish rehab center adds crypto trading addiction to services list

February 6, 2023

Categories

  • ADA
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market And Analysis
  • Regulation
  • XRP

Follow Us

Find Via Tags

Ada Altcoin Altcoins analysis Analyst BIG Binance Bitcoin blockchain BNB BTC Buy Cardano coin Cointelegraph crypto Cryptocurrency DOGE Dogecoin ETH Ethereum eyes FTX Heres Inu Investors Latest Litecoin LTC Market News Price rally Report Ripple SEC Shiba SOL Solana today Token Top trading week XRP

© 2021 The Crypto Days

No Result
View All Result
  • Home
  • Bitcoin
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Altcoin
  • ADA
  • Dogecoin
  • Litecoin
  • XRP
  • Regulation
  • Market And Analysis

© 2021 The Crypto Days