XRP Price Surges After Ripple CEO Says the SEC Has Dropped Its Case. Bitcoin Is Also Rising.
XRP XRPUSD+10.92% was soaring Wednesday after the CEO of Ripple Labs said that the Securities and Exchange Commission had dropped its long-running case against his company. The token, which is used to facilitate and settle transactions on Ripple’s digital-payments platform, surged 13% to just under $2.56, according to data from the crypto exchange Kraken. XRP was … Read more