The US SEC’s arguments on crypto to be regulated under securities law has been losing in court and Ripple officials are confident the jury will vindicate XRP holders during the next year’s trial.
Amid the ongoing altcoin slow breakout, XRP price has signaled further gains as the macro triangle approaches the apex amid the crypto pre-halving accumulation.
After attempting to break above the macro falling trend severally since 2018 with no success, Ripple-backed XRP is undeniably well positioned to rally towards its all-time high in the coming months. The veteran altcoin has accumulated significant fundamentals in the past few years that have convinced well-funded institutional investors to tap into its future growth prospect.
Moreover, the altcoin has remained among the top ten most valuable digital assets despite the legal attacks from the United States Securities and Exchange Commission (SEC). According to Ripple’s Chief Legal Officer (CLO) Stuart Alderoty, the US SEC has been
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