XRP Goes to the Ball—But Forgets to Dance After $50M SEC Settlement!
On the 8th of May, XRP did a most un-British thing and soared nearly 10%, arm-in-arm with Bitcoin, which itself barrelled through the ceiling at $104k, presumably to celebrate with a few caviar canapés. Yet, the very next day, with Ripple and the SEC having finally kissed and made up over $50 million, the market shrugged and went back to reading the Times. Fascinating, isn’t it? After all those years of litigation, XRP is now down a lacklustre 1.08% as I pen these words. Quelle surprise!