Robinhood Rumored to List XRP: Can XRP Reach 100 dollars – XRP News Today

Robinhood Rumored to List XRP: Can XRP Reach 100 dollars – XRP News Today

Robin Hood rumored to list xrp can xrp reach $100 dot if you have an interest in xrp or currently hold xrp tokens it’s crucial for you to pay attention to the latest developments discover the most recent xrp news and understand its potential impact on the coin’s value in today’s video I’ll address these questions and share Vital Information that could positively influence xrp prices I conducted thorough research for this video so be sure to watch in its entirety to avoid missing any valuable insights before delving into our first topic let’s analyze the chart and examine the performance of xrp on the 3rd of May shall we quickly if you want to enter our daily giveaway of 50 xrp then all you have to do is be subscribed to the channel like this video and comment # xrp is King good luck xrp price today is $0.52 with a 24-hour trading volume of $1 billion xrp price is up 2.4% in the last 24 hours and is down 0.4% in the past 7 days it has a circulating supply of 48 billion xrp coins and a total supply of 100 billion please keep in mind these prices might have changed by the time you watch this video this content is not Financial advice and investing in the crypto Market is risky so please do your own research before investing let’s get into the video xrp begins recovery as Ripple files response to sec’s opposition motion Ripple xrp continues to recover on Friday from its almost 10day decline claim to gains after closing above 0.51 on Wednesday in the legal battle between Ripple and the US Securities and Exchange Commission SEC which is one of the key drivers of xrp price both parties are clashing over the validity of the testimony of secc’s assistant chief accountant Andrea Fox Ripple filed on Thursday a new letter supporting his motion to strike new expert materials as it considers Fox’s statements as expert testimony and argues that the regulator should have introduced expert testimony during the remedy’s discovery phase that has passed the SEC is expected to file its response by May 6th following which Market participants expect a ruling from the court daily justest Market Movers Ripple files letter to support striking expert materials the SEC included assistant chief accountant Andrew Fox’s comments on Ripple’s financial statements in its filing Ripple identified this as new expert materials and argued that this should have been introduced in the remedy’s discovery phase of the lawsuit which has already ended the SEC responded to Ripple arguing that the comments from Fox aren’t expert testimony but facts and some basic arithmetic therefore the SEC has asked the court to deny Ripple’s motion to strike new expert materials from the lawsuit Ripple has filed a letter to support its motion on Thursday in its letter Ripple addresses why Fox’s statements amount to expert testimony why they should have been presented in the previous phase of the lawsuit and how the expert is relying on her accounting experience to analyze the firm’s financial statements irrespective of the fact whether Fox is an expert or a summary witness the SEC was required to disclose it prior to the close of the remedy Discovery phase Ripple’s letter reads the SEC is expected to file a response by May 6th after which the court could rule on Ripple’s penalties and fines for its institutional sales of xrp the SEC has asked the court to impose $2 billion in fines while the payment remittance firm countered with a proposal of $10 million the SEC originally took Ripple to court in late 2020 alleging that the firm had broken Securities Law with its sales of xrp in July the company scored a partial Victory as a judge ruled that xrp sales on exchanges were not considered as Securities however the legal battle continues regarding sales to institutional investors technical analysis xrp closes above $0.51 on Thursday eyes further gains Ripple ended its downward trend on Friday April 19th since then the altcoin has formed a higher high and a higher low on The Daily time frame Ripple closed above $0.51 on Wednesday a level that acted as sticky resistance for the altcoin The Climb Above This level ended nearly 10 days of decline xrp is likely climbing towards $0.54 a level at which a higher volume of xrp was traded as seen on the volume profile indicator the volume profile indicator takes the total volume traded at a specific price level during the specified time period and helps Traders identify price levels where the most volume of the asset was traded helping determine key support and resistance levels the point of control poy is at $0.61 this represents the level at which the highest trade volume was recorded in its uptrend xrp is expected to gravitate towards this level if you’re still watching the video you could help out the Channel by giving this video a like subscribe and remember to stay tuned to not miss out on anything let’s not waste any more time let’s get into the rest of the video big news is swirling around in the crypto community and it could be a game Cher for xrp holders rumors are flying that Robin Hood one of the most popular trading platforms might be gearing up to list xrp but the real question that’s got everyone talking is this can xrp actually reach the elusive $0000 Mark stick around as we dive deep into these rumors analyze the potential impacts and assess whether a $100 xrp is a fantasy or a future reality before we get into the heart of these rumors let’s set the stage xrp created by Ripple Labs is designed to be a fast and efficient cryptocurrency facilitating real-time Global Payments it’s already widely used by financial institutions and is known for its minimal trans action fees and lightning fast processing times on the other hand we have Robin Hood a trading platform beloved by retail investors for its userfriendly interface and commission free trades historically Robin Hood has been selective about the cryptocurrencies at lists focusing on those with a large user base and Regulatory Clarity so where did these rumors about Robin Hood and xrp begin sources from within the industry suggest that Robin Hood is considering the move to attract a broader user base and compete with other major exchanges like coinbase and binance which already offer xrp trading the implications of such a listing would be significant potentially increasing both the visibility and liquidity of xrp let’s break down what this means increased visibility often leads to higher trading volumes as new investors jump on board while greater liquidity makes it easier for large transactions to occur without significant price impact can xrp reach $100 from this deal moving on to the burning question can xrp reach $100 to understand this we need to consider several factors firstly the market capitalization for xrp to hit $100 its market cap would need to reach an astronomical level surpassing even that of major companies like Apple and Google as of now that seems like a steep hill to climb however let’s play with some numbers if we consider the global Forks Market which sees daily volumes in the trillions and if xrp captures even a fraction of this Market the price could see an incredible boost moreover ongoing developments in Ripple’s legal battles and their potential to set favorable regulatory precedence could also play a pivotal role in xrp price surge to give this perspective let’s look at xrp Price history it’s been a roller coaster with all-time highs foll by significant drops Financial experts and analysts are divided on its future some see the potential for growth especially with fintech advancements and increased institutional adoption While others caution against the volatility and Regulatory uncertainty clouding the crypto Market we’ll also explore some expert predictions and scenarios where xrp could hit major price Milestones these include increased adoption by financial institutions favorable regulations and technological advancements in Ripple’s Network and what do you think is a $100 xrp a possibility in your view or is it just wishful thinking fueled by rampant speculation drop your thoughts your analysis or any questions you might have in the comments below I love reading through your comments and engaging with your ideas to wrap up the potential Robin Hood listing could indeed be a significant boost for xrp attracting a flood of new investors however the journey to Dollar 100 is fraught with challenges and uncertainties keep an eye on this space and we’ll keep you updated with the latest information as it unfolds we would like to mention that this is not a channel intended specifically to provide Financial advice and we do not ask you to invest in any company this is merely a channel directed towards bringing educational content your doorsteps beware of scammers we will never ask you for money on WhatsApp or any other platform do not click on anything comments or email that claim to be our Channel please report all scammers and imposters to YouTube see you next time at the number one crypto News Channel crypto Ledger by

Robinhood Rumoured to List XRP: Can XRP Reach 100 dollars – XRP News Today

In today’s video, we will be talking about XRP information that you can’t miss out on It is important to me that my viewers get in early on the XRP train. We will also be talking about the major recent success of XRP tokens and what the future holds for XRP coins. Make sure to subscribe to the channel for daily XRP updates

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