The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
Ripple

Phemex Crypto Exchange Relists XRP

by Miki 06/02/2021
by Miki 06/02/2021 0 comment

Ripple has scored yet another win amid its legal battle with the Securities and Exchange Commission over XRP.

In December 2020, when the SEC moved to sue the fintech firm over XRP for what it deems to be an unregulated security, many exchanges backed away from Ripple, delisting or removing XRP from its trading platform. The lawsuit has also caused Ripple to lose some important partnerships, such as MoneyGram, although the latter specified that it would be open to revisiting a partnership in the future.  

Now, Phemex crypto exchange has announced that it will XRP on its trading platform, as the cryptocurrency is in “great demand.” Additionally, the exchange has also introduced 8 new coins for spot and contract trading. The new cryptocurrencies available for trade on Phemex are Basic Attention Token (BAT), Chiliz (CHZ), Decentralized country (MANA), Enjin Coin (ENJ), Sushiswap (SUSHI), Synthetix (SNX), Graph (GRT), and Maker (MKR).

Phemex is not the only one that has relisted XRP. Last week, Japanese crypto exchange Decurret announced that XRP has been restored to the platform and is available for trade. This is seen as a major win for XRP holders, who took to Twitter to campaign for the relisting of XRP after a decisive discovery hearing in which an SEC lawyer implied that cryptocurrency exchanges were not in violation of securities laws for listing XRP.

XRP price analysis

Following the lawsuit against Ripple, XRP plunged to lows of $0.20 on the market, with many exchanges delisting the cryptocurrency from its platform. However, as the lawsuit continues to unfold, it appears that Ripple has managed to secure several wins in court, notably access to the SEC’s internal cryptocurrency discussions and the court denying the SEC access to Ripple executives’ personal financial records. This has served to reinstall hope and faith in Ripple, and the altcoin has also regained strength, clearing the $1 threshold.

Currently, XRP  is exchanging hands at $1.39 on CoinMaketCap, up 7% in the last 24 hours. The altcoin is facing resistance at $1.46. If XRP manages to surge above $1.46, then a bullish momentum will be triggered and XRP will likely rally to $1.55.

Conversely, if XRP plunges below its 20-day Exponential Moving Average of $1.24, this will indicate that the cryptocurrency is being sold on bullish rallies. 

Image source: Shutterstock

Source link

Views: 1
CryptoExchangePhemexRelistsXRP
Share
0
FacebookTwitterPinterestEmail
previous post
CryptoRobotics Launches Beta Version of Autofollowing Signals from Artificial Intelligence
next post
SEC Pushes Back against Ripple’s Lack of Fair Notice Argument

Related Posts

Why Solana, Dogecoin, XRP, Shiba Inu, and Cardano...

12/28/2021

Garlinghouse Shakes Off SEC’s “Antics” Towards Ripple and...

12/24/2021

Will ‘Dogefather’ Elon Musk Look In The Direction...

12/22/2021

XRP Creator Chris Larsen Proposes Strategy To Incentivize...

12/20/2021

Why Former SEC Chair Clayton Refused To Comment...

12/18/2021

More Wins For XRP and Ripple? SEC Reportedly...

12/16/2021

Ripple And XRP Prone To More Wins As...

12/14/2021

Ripple’s Co-Founder Comes Up With A Genius Way...

12/12/2021

Ether Next To Be On SEC’s Purview If...

12/08/2021

SEC vs. Ripple – Kevin O’Leary Reveals Why...

12/02/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • The UNICEF is investing in five crypto startups via Ethereum (ETH)

  • Reese Witherspoon Makes Debut in Crypto Space by Purchasing Ethereum

  • Ethereum At A Low cost, Why ETH Appears Like BTC In 2017

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,457.001.45%
  • ethereumEthereum(ETH)$1,980.732.21%
  • tetherTether(USDT)$1.00-0.26%
  • usd-coinUSD Coin(USDC)$1.00-0.15%
  • binancecoinBNB(BNB)$312.204.78%
  • rippleXRP(XRP)$0.4162132.42%
  • Binance USDBinance USD(BUSD)$1.00-0.41%
  • cardanoCardano(ADA)$0.534.39%
  • SolanaSolana(SOL)$50.212.64%
  • dogecoinDogecoin(DOGE)$0.0848381.39%
  • polkadotPolkadot(DOT)$9.934.09%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,467.001.73%
  • Lido Staked EtherLido Staked Ether(STETH)$1,929.791.24%
  • AvalancheAvalanche(AVAX)$29.705.13%
  • tronTRON(TRX)$0.0740750.62%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.0000122.34%
  • daiDai(DAI)$1.000.01%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$70.143.52%
  • CronosCronos(CRO)$0.1896171.95%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.91-1.72%
  • matic-networkPolygon(MATIC)$0.654.09%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.964.05%
  • FTX TokenFTX Token(FTT)$30.121.88%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$192.962.50%
  • RareRare(RARE)$0.0461220.00%
  • chainlinkChainlink(LINK)$7.083.92%