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Also Read: Settlement Or Appeal? What’s Next In XRP Lawsuit? advertisement Wide Space For XRP Price Surge Leonidas, a crypto data curator shared the XRP ’s trading volume jump on July 13, 2023, when the U.S. district court produced the summary judgment in the Ripple case. XRP ’s trading volume spiked to stand around $10.4 billion. This turned out to be a massive number for the token, however, data suggests that historically it was just the 76th highest daily trading volume recorded on CMC. XRP registered the highest trading volume of almost $36 billion on April 6th, 2021. The token price jumped to touch the $1.11 mark, while it closed trading around $1.09 on that day. It is important to note that back in 2021, XRP was widely available on almost all crypto exchanges in the United States with different trading options. Read More XRP News Here… Relist To Push Its Price Up? The US SEC’s claims against Ripple and XRP damage...

Also Read: XRP Lawsuit Verdict Crucial For Major Cryptos Other than BTC advertisement Pro XRP Lawyer Expects Ruling By August Attorney Fred Rispoli, pro XRP lawyer predicted the possible end date of the US SEC vs Ripple lawsuit. The lawyer laid out the stats linked to the District Court, Analisa Torres’s motions for summary judgment. He highlighted that the judge has granted the motion for summary judgment to defendants in 37% of the case. While the ruling has been given to plaintiffs in 24% of the lawsuits. As per Rispoli, Motion for the summary judgment has been announced in an average time of 249 days. However, 60% of the rulings came between a period of 146 to 330 days. This suggests that a verdict would have come around May 21, 2023, which is 249 days from September 17, 2022 (the date of filing the initial motion for summary judgment). He added that if one considers 330 days criteria then the ruling would come around August 10, 2023. Read More...

Also Read: US SEC Refuses To Commit Deadline in Coinbase Crypto Clarity Case advertisement Crypto Liquidation Breaches $162 Mln Coinglass data depicts that more than 46K traders were liquidated in the last 24 hours, while, the total liquidations recorded stands at around $162.2 million. However, the single largest liquidations order of ETHUSDT valued at $11.57 million was registered on the Binance crypto exchange. It is important to note that $142.4 million, 87% of the total liquidation over the last 24 hours turned out to be long positions set by the traders. This suggests that the traders were betting on an upward movement in the crypto market. However, Ethereum (ETH) recorded the most of the liquidation (approx worth $60.5 million). Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...