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Can Ripple (XRP) Capitalize on the Bullish Hints from Kraken’s Legal Strife?

Press Releases Crypto News CryptoDaily UK Can Ripple (XRP) Capitalize on the Bullish Hints from Kraken's Legal Strife?

The crypto world was shaken recently when Binance CEO ‘CZ’ stepped down, causing a dramatic $750 million downturn in the market. This event hit the big players hard – Bitcoin dropped over 4.5% and Binace Coin coin took a 12% dive. In this whirlwind, everyone’s eyes are on how different cryptocurrencies like Ripple (XRP) are weathering the storm.

XRP, which had a strong start in November, couldn’t escape the market’s downturn, dipping by more than 3% in a phase of price retraction. The Chief Legal Executive of Ripple, Stuart Alderoty, chimed in with his take on the U.S. regulators’ recent moves against Binance. He pointedly noted the absence of “securities violations” in the Department of Justice’s language, a stark contrast to the SEC’s stance under Gensler’s leadership. Such insights hint at potential regulatory shifts that could impact Ripple (XRP) and the broader crypto market in unforeseen ways, raising an intriguing question: will XRP find its footing and surge ahead in December 2023?

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While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. Through DAO governance, backers will be able to influence and bene

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Author: Crypto Daily

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