XRP jumps on Ripple-SEC update, Pomp scoops up $386M BTC: Hodler’s Digest, June 22 – 28
XRP jumped just hours after the company said it is dropping its SEC cross-appeal, Anthony Pompliano makes large Bitcoin buy: Hodler’s Digest
XRPs price jumped over 3% on Friday, just hours after Ripple Labs CEO Brad Garlinghouse said the company is dropping its cross-appeal against the US Securities and Exchange Commission (SEC) and expects the regulator to do the same.
Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as theyve previously said, Garlinghouse said in an X post on Friday. XRP, the cryptocurrency associated with Ripple Labs, spiked 3.36% to $2.18 just five hours after the post, according to CoinMarketCap data.
Were closing this chapter once and for all and focusing on whats most important building the internet of Value. Lock in, Garlinghouse added.
