XRP is a protocol created to facilitate cross border payments. It's super fast and reliable and it's the cheapest way to send money abroad.
XRP was created by Ripple Labs, a company based in San Francisco, California and well known around the world.
Since the beginning Ripple has always pushed XRP sales by using numerous marketing campaign...some of them promising the Moon..
On the TA side XRP chart shows a clear manipulation of the coin, making it almost impossible to determine if the price will go up or down in the near future.
Ripple vs. XRP relationship is quite complicated and is almost unique in the cryptocurrency panorama. Ripple helps the majority of the token in escrow, however Ripple has kept selling his tokens to big institutions and banks around the world even for a cheaper price than the one in the market at the moment of the selling.
Ripple has always played in a grey zone, stating that it was something different from XRP token and that the token was something independent from the company and traded in the markets out there.
However Ripple has kept his power of pumping or plunging the price of the coin XRP.
Despite having had a lot of time to sue Ripple before Christmas time and before submitting his resignation, SEC Chairman Jay Clayton sued Ripple During Christmas time. We all know that Elad Roisman who will be taking over Jay Clayton place in less than a month, is crypto-friendly.
So my questions now are:
Why Jay Clayton sued Ripple just before his resignation?
Why Elad Roisman has been nominated successor of Jay Clayton by Trump administration?
Why Brad Garlinghouse decided to fight even though he had the option of settling with the SEC?
Why the case has been brought forward in a New York federal court even though Ripple’s headquarters are in California?
What could possibly mean having the price of XRP plunge to an ATL (All Time Low) to redistribute coins among investor?
nothing is like it seems...
XRP was created by Ripple Labs, a company based in San Francisco, California and well known around the world.
Since the beginning Ripple has always pushed XRP sales by using numerous marketing campaign...some of them promising the Moon..
On the TA side XRP chart shows a clear manipulation of the coin, making it almost impossible to determine if the price will go up or down in the near future.
Ripple vs. XRP relationship is quite complicated and is almost unique in the cryptocurrency panorama. Ripple helps the majority of the token in escrow, however Ripple has kept selling his tokens to big institutions and banks around the world even for a cheaper price than the one in the market at the moment of the selling.
Ripple has always played in a grey zone, stating that it was something different from XRP token and that the token was something independent from the company and traded in the markets out there.
However Ripple has kept his power of pumping or plunging the price of the coin XRP.
Despite having had a lot of time to sue Ripple before Christmas time and before submitting his resignation, SEC Chairman Jay Clayton sued Ripple During Christmas time. We all know that Elad Roisman who will be taking over Jay Clayton place in less than a month, is crypto-friendly.
So my questions now are:
Why Jay Clayton sued Ripple just before his resignation?
Why Elad Roisman has been nominated successor of Jay Clayton by Trump administration?
Why Brad Garlinghouse decided to fight even though he had the option of settling with the SEC?
Why the case has been brought forward in a New York federal court even though Ripple’s headquarters are in California?
What could possibly mean having the price of XRP plunge to an ATL (All Time Low) to redistribute coins among investor?
nothing is like it seems...