There appears to be strong support around $30,000, according to traders.
Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security.
General counsel for Ripple Stu Alderoty predicted Joe Biden’s administration would likely “help level the playing field” for crypto.
The price of bitcoin has traded in a tight range Tuesday.
Ethereum price is in hot pursuit of a new all-time high, while Bitcoin price continues to trade sideways.
Clients residing outside the U.S. will be unaffected.
DOT is on fire today as it surges up the market cap charts to fourth spot.
Bitcoin’s price is on a rising trend for the first time this week.
The regulator’s stance contrasts with that of the U.S. Securities and Exchange Commission.
Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.