#TETRAGON XRP CRACKED#

With todayвЂ™s move, XRP has overtaken Litecoin again as the 4th largest crypto asset by market capitalization. So far, the coin hasnвЂ™t been able to surpass the $0.38 level that served as resistance on December 25.

#TETRAGON XRP CRACKED#

However, it seems that the cryptocurrency market is just too bullish at the moment for developments like these to suppress prices for too long, as XRP gained almost 50% in the last 24 hours.ДЄfter consolidating in the $0.20 - $0.25 range following a massive price drop in December, XRP cracked $0.30 today in a sudden move. Even though the SEC says XRP is a security, the case is yet to be addressed in court, so Ripple is saying that XRP hasnвЂ™t been determined as a security, arguing that TetragonвЂ™s lawsuit has no merit. An investment agreement between the two companies says that Tetragon has the right to have its shares redeemed by Ripple in the scenario that XRP is В»deemed to be a security on a go-forward basisВ«. The situation related to the SECвЂ™s lawsuit against Ripple became even more uncertain recently as Tetragon, an investment company that led RippleвЂ™s $200 million Series C in 2019, is now suing Ripple and demanding Ripple to redeem the shares held by Tetragon. users will still be able to withdraw their XRP after the trading halt comes into effect, but deposits will not be available. One of the latest companies to announce that they will be halting XRP trading is, which says it will suspend its XRP markets starting with January 14. XRP has had a great day in the market despite the continuing trend of exchanges delisting the coin or halting trading following the SECвЂ™s lawsuit against Ripple. XRP rises by almost 50% despite exchange delistings, Tetragon lawsuit against Ripple XRP overtook Litecoin as the 4th largest crypto by market cap.

XRP's price spiked despite exchange delistings and trading halts.XRP is the best performer in the cryptocurrency top 50 today with a price jump of almost 50%.

Tetragon xrp