XRP sustains above $0.50 over the weekend, Ripple backs research on blockchain and quantum computing

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XRP price holds steady above the $0.50 key support level and edges higher on Monday, trading at 0.5130 and rising 0.70% in the day at the time of writing.

Ripple highlighted study from its University Blockchain Research Initiative on the latest developments in blockchain. The research outlines challenges faced by blockchains like

holders await a ruling in the Securities and Exchange Commission vs. Ripple lawsuit on two major issues: the fine to be imposed on the payment remittance firm for allegedly selling securities to institutional investors and an injunction on Ripple’s On-Demand Liquidity platform, used by clients to manage liquidity.

to institutional investors through its On-Demand Liquidity platform. Data from Cryptoeq.io shows that the sentiment among sustained above key support at $0.50, the long timeframe chart shows bearish signs from indicators. The Moving Average Convergence Divergence , a momentum indicator, flashes red histogram bars below the neutral line, corresponding to the decline in

/USDT 1-week chart On the 1-day timeframe, /USDT 1-day chart Looking up, clearing the resistance at $0.5310 paves the way for is the native token of the decentralized blockchain Ledger chain, helping financial firms save on the cost of transacting worldwide. What is L is maintained by a peer-to-peer network known as the global

 

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