🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
The Reason Why Ripple (XRP) Price is Increasing Today
TL;DR
XRP Price Leads Market Gains
Ripple’s XRP has increased by some 3.7% in the past 24 hours in a market that is otherwise trading in the red.
As you can see in the following heatmap, most of the cryptocurrencies are charting losses in the range between 0.5% and 5%.
AsCryptoPotatoreported earlier, Judge Analisa Torres dismissed the appeal of the United States Securities and Exchange Commission in the case against Ripple.
As a result, the XRP price soared by 5%, but it has retraced a bit to where it currently trades.
The Ripple v. SEC Lawsuit So Far
The case has been going on for almost three years now, and the judge has now set a date for trial – April 16, 2024.
The rejected appeal in question was related to a decision of the court from July this year when it was determined that secondary sales of XRP did not constitute an investment contract. In other words, the court determined that in that specific case, XRP is not a security.
The Commission didn’t like the outcome and subsequently appealed the decision – an action that’s now been tossed.