XRP Rallies 10% as Ripple’s Stablecoin Gets Regulatory Approval, CEO Garlinghouse Says
The approval is a necessary step towards the public launch of the RLUSD token, which is currently in test mode on Ethereum and XRP Ledger.
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The approval is a necessary step towards the public launch of the RLUSD token, which is currently in test mode on Ethereum and XRP Ledger.
Bitcoin is again outperforming, sliding just 3% back to $95,000.
The negative vote was expected even as MicroStrategy Executive Chairman Michael Saylor tried to convince Microsoft shareholders otherwise.
Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.
Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.
Ethereum Classic joined Filecoin as a top underperformer, falling 11.7%.
The revised vote changed how tokens would be distributed to users with additional checks to prevent tokens from going to mercenary airdrop farmers.
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.
ETH surpassed the level for the first time since March.
Litecoin joined Polkadot as an underperformer, falling 3.8%.