{"id":75219,"date":"2023-10-04T15:41:53","date_gmt":"2023-10-04T15:41:53","guid":{"rendered":"https:\/\/kryptodata.se\/what-is-the-reason-behind-the-increase-in-xrp-price-today\/"},"modified":"2023-10-04T15:41:53","modified_gmt":"2023-10-04T15:41:53","slug":"what-is-the-reason-behind-the-increase-in-xrp-price-today","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-increase-in-xrp-price-today\/","title":{"rendered":"What is the reason behind the increase in XRP price today?"},"content":{"rendered":"<p>XRP price experienced a pump after U.S. Judge Analisa Torres rejected the SEC&#8217;s appeal and Ripple was approved for a Singapore payments license. The favorable court decision sparked mixed opinions among experts, with some cautioning that the SEC could still appeal the case later. Ripple&#8217;s approval for a Singapore digital payments license will allow the company to continue operations and scale its On-Demand Liquidity service offering. Additionally, Ripple has been selected as a contender for Georgia&#8217;s CBDC pilot. Despite the positive news flow, XRP derivatives demand and price have not shown significant changes. <\/p>\n<p>&#8211; XRP price pumped after U.S. Judge Analisa Torres rejected the SEC&#8217;s appeal.<\/p>\n<p>&#8211; Ripple was approved for a Singapore payments license, allowing it to continue operations and scale its services.<\/p>\n<p>&#8211; Experts have mixed opinions on the court decision, with some cautioning that the SEC could still appeal.<\/p>\n<p>&#8211; Ripple has been selected as a contender for Georgia&#8217;s CBDC pilot.<\/p>\n<p>&#8211; XRP derivatives demand and price have not shown significant changes despite the positive news flow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/27adace7-91b4-4f1e-a47f-00f5c1e7cf7c.jpg\"><\/p>\n<p>XRP price pumped after U.S. Judge Analisa Torres rejected the SEC\u2019s appeal and Ripple was approved for a Singapore payments license. <\/p>\n","protected":false},"author":1,"featured_media":75220,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_oct_exclude_from_cache":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[21],"tags":[],"class_list":["post-75219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the reason behind the increase in XRP price today? 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