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XRP Gains Support From Major Japanese Exchange

September 5, 2024

Ripple Unicorn News - September 05, 2024

CoinCheck, a leading Japanese cryptocurrency exchange, has announced the listing of XRP following Ripple's recent court victory over the US SEC. This move is expected to boost investor confidence and market activity for XRP.

( 00:00:00 ) Introduction

( 00:00:32 ) XRP Gains Traction as Major Japanese Exchange Adds Support

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Japanese cryptocurrency exchange CoinCheck announced it will list XRP, the seventh-largest digital currency, along with five other cryptocurrencies. This follows Ripple's recent legal settlement with the US Securities and Exchange Commission, where Ripple agreed to pay $125 million instead of the initially sought $2 billion fine. XRP experienced a 4.5% price drop within the last 24 hours but recovered by 1.2%, currently trading at $0.55611. The listing on CoinCheck is expected to enhance investor confidence and market activity for XRP, potentially signaling a positive trend for the cryptocurrency's value.

Sources

1 http://www.newsbtc.com/news/xrp-rides-high-as-major-japanese-exchange-adds-support-details/

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