Cryptocurrency Sector Undergoes Major Shifts
The cryptocurrency market faces significant changes as Mt. Gox begins repayments, Ethereum proposes upgrades, and regulatory battles continue.
The cryptocurrency market faces significant changes as Mt. Gox begins repayments, Ethereum proposes upgrades, and regulatory battles continue.
Ripple’s XRP has seen a 3% price increase, fueling speculation of a potential bull run as the Ripple vs. SEC case enters its final phase. Analysts predict significant price targets, with the most bullish scenario suggesting XRP could reach $20 in the near future.
Blockchain firm Ripple has announced the launch of its own U.S. dollar-pegged stablecoin, marking the company’s entry into the $150 billion stablecoin market. The move will pit Ripple against industry giants like Tether and Circle, as the crypto firm looks to establish a presence in the rapidly growing stablecoin space.