Staggering amount of XRP noticed in two transfers to leading cryptocurrency exchanges
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Bitstamp and Bitso are among those platforms that collaborate with Ripple, helping it to power its international payments service, which was was previously known as On-Demand Liquidity .Thus, XRP has staged a 15.51% recovery since Monday this week and managed to recover the price level it lost on July 3 last week.
Now that the Ripple CEO, with his team and the whole XRP community, are breathtakingly awaiting the end of the long-runningagainst Ripple in 2020, traders are keeping their eyes on the XRP chart, wondering if XRP will perform a major price leap. In an interview this year, the Ripple boss Brad Garlinghouse shared that he believes the settlement of the case is likely to come at the end of the summer, but he jokingly called it “September.”
The case has been going on for several years now and has cost Ripple millions of U.S. dollars in terms of legal expenses. Besides, once the case began, many exchanges delisted XRP and have recently begun to reverse their stance on this.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.
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