ceo binance stated xrp will surpass bitcoin in 2022 xrp to 95 000. matrix a global cryptocurrency
trading platform lists two new assets xrp and xlm the local regulator abu dhabi global market adgm
has approved the listing of these assets on matrix the crypto exchange itself also has a license from
the regulator to trade cryptocurrencies welcome to the rich club channel if you like this video
don't forget to like it and subscribe to the channel do you think the analysts are right
about xrp write the answers in the comments giving away 500 xrp at the end of the week
one random subscriber will receive xrp coins take a look at the instructions in the comments section
all you need to do is write the word xrp watch the video to the end to like and subscribe abu dhabi
global market adgm abu dhabi global market is an international financial center located in the
capital of the united arab emirates established by the government of abu dhabi it is managed by the
registration authority ra the financial services regulatory authority fsra and the adgm courts it
is an international free financial zone and stands for an honest and transparent trading ecosystem
adgm ensures that all approved assets meet their internationally recognized standards matrix
expands the list of supported virtual assets to include xrp the proprietary currency of ripple net
a blockchain based payment network lumen xlm the native currency of stellar a decentralized
protocol for exchanging cryptocurrencies for fiat our goal at matrix has always been to provide
retail and corporate investors with a single platform with protection from regulatory oversight
says vajazupan president of matrix we are very excited to expand our set of tokens and stable
coins as the first multilateral trading mechanism in adgm to expand our virtual asset offering
and more additions are currently underway we pride ourselves on providing investors with peace of
mind through secure and enhanced regulated trading for our community matrix based in abu dhabi is a
globally managed and regulated multilateral trading platform and custodian dedicated to
providing compatible secure and fast trading of virtual assets matrix is one of two companies that
has a license from the abu dhabi global market adgm regarding virtual assets the second company
is the mid chains crypto exchange matrix provides aml slash kyc compliance regulatory oversight and
offline storage to protect the platform and users as well as multi-node fault tolerance remote
disaster recovery and switching between multiple servers to ensure the stability and reliability of
the trading system using its high performance core matching engine matrix can execute large
volumes of trading orders matrix is one of the few global trading platforms that supports global fiat
deposits which allows you to speed up trading the newly discovered documents could become a
serious obstacle for the securities and exchange commission assisi in its case against ripple if
they serve as evidence that a former employee of the commission had a conflict of interest
the non-profit monitoring organization empower oversight whistleblowers research reported that
it received documents from the sec in accordance with the freedom of information act foia earlier
she appealed to the u.s securities and exchange commission with a request to investigate the
former head of corporate finance hinman now a senior advisor to simpson thatcher bartlett llp
about the statements he made regarding cryptocurrencies empower oversight
whistleblowers research alleges that hinman did not follow instructions given to him by the sec
ethics department to avoid conflicts of interest related to his financial interests in simpson
thatcher including the firm's relationship with the enterprise ethereum alliance hinman worked at
simpson thatcher prior to his tenure at the sec and returned to the firm in january 2021 after
leaving the agency at the end of 2020 in addition according to the letter hinman continued to
receive millions of dollars from simpson thatcher in retirement benefits while working at the sec
and claimed that he repeatedly contacted the staff of the law firm hinman stated in his speech in
2018 that based on my understanding of the current state of the ether the ethereum network and its
decentralized structure the current offers and sales of ether are not securities transactions
empower oversight received information indicating that the sec ethics department warned hinman when
he worked at the agency to recuse himself from any issues that might affect simpson thatcher since he
retained a financial interest in the firm while he worked at the sec according to empower oversight
the sec's ethics department also explicitly told hinman not to have any contact with simpson
thatcher staff given that hinman's statements suggested that ether could be exempt from sec
scrutiny its value increased immediately after mr hinman's speech as empower oversight noted but in
the same month hinman left the sec and in december 2020 the agency filed a lawsuit against ripple
labs inc one of ethereum's competitors claiming that its cryptocurrency xrp was a security
which means that the company's offer and sale of xrp violated federal securities laws the value
of xrp then fell by 25 percent immediately after the sec's lawsuit was announced hinman
and a representative for simpson thatcher did not respond to requests for comment empower oversight
called on the sec's office of inspector general to prepare a comprehensive report on the matter
empower oversight has asked the sec inspector general to investigate the degree of conflict
of interest involving hinman who exacerbated the notion that the sec's enforcement measures
selectively target some cryptocurrencies while others are given free passage empower oversight
added that mark berger the former acting director of the sec's enforcement division left the agency
shortly after ripple's lawsuit was filed joining hinman as a partner at simpson thatcher john
deaton commented on this saying that hinman's potential non-compliance with the requirements
could jeopardize the entire sec case against ripple xrp has lost 30 percent on the charts
over the past 48 hours and the market structure has been strongly bearish on low and medium time
horizons bullish divergence on the hourly chart caused a rebound to the zero dollars for area
but a hidden bearish divergence may materialize and signal the continuation of the downtrend
in other news it should be noted that the number of active addresses for xrp has been declining
since the beginning of the year and this decline suggests that xrp will also find it difficult to
reverse its long-term downward trend reversal the zero dollars for 26 level was the support level
but over the past two days the price has broken through this level and retested it as resistance
after that the area of zero four to zero forty two dollars was set as a bearish order block at
the time of writing the price fell to zero dollars thirty-four forming a minimum of fluctuations at
zero dollars three hundred and thirty-six over the past few hours the price has rebounded from this
fluctuation minimum and is trading at zero dollars 386 at the time of publication the zero dollars
376 level was a long-term significance level and xrp overcame it again the trading volume
has been huge over the past two days and high volume accompanies the formation of the bottom
however it was too early to be sure a bullish divergence formed between price and momentum as
the rsi formed higher lows even as xrp formed lower lows on the hourly chart this caused a
rebound and could lead to xrp regaining its losses and approaching zero dollars
four the live xrp price today is zero dollars eighty-eight us dollars with a 24-hour trading
volume of 3 billion 740 million us dollars we update our xrp to usd price in real time
xrp is down zero four percent in the last 24 hours now it is time to reveal who is the lucky
winner of our giveaway we randomly selected one fan who fulfilled all the conditions
and the winner is adam madd congratulations adam madd so xrp army let's all congratulate adam madd
in the comments section below and tomorrow we will relaunch our weekly giveaway free 500 xrp
now let's get back to the video do you think xrp will be able to win the court and restore its
former price write the answers in the comments that's it for today thank you for watching this
video to the end if you liked it then don't forget to like it and subscribe to the channel