{"id":4730,"date":"2020-11-23T23:46:55","date_gmt":"2020-11-23T20:46:55","guid":{"rendered":"https:\/\/alfacash.blog\/?p=4730"},"modified":"2024-02-19T21:52:49","modified_gmt":"2024-02-19T18:52:49","slug":"xrp-price-acts-thrilled-week-after-long-slumber","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/ja\/2020\/11\/23\/xrp-price-acts-thrilled-week-after-long-slumber\/","title":{"rendered":"XRP\u306e\u4fa1\u683c\u306f\u3001\u9577\u3044\u7720\u308a\u306e\u5f8c\u3001\u4eca\u9031\u8208\u596e\u3057\u3066\u3044\u308b"},"content":{"rendered":"\n<p>XRP has been in the first ranks per market capitalization among cryptocurrencies for years. Currently, it occupies third place, very close to Ethereum (ETH) and Bitcoin (BTC). Despite this bright fact, the XRP price hasn\u2019t been bullish for a long time.<\/p>\n\n\n\n<p>However, the last seven days were a race-up for the currency. The price started at 0.29 USD, and now it\u2019s elevating to over 0.69 USD, and still running. <strong>This represents a 137% increase only during the last week.<\/strong> Market capitalization has more than doubled along with it, going from $13.6B to $31.5B, which means a 131% increase; according to CoinMarketCap.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"634\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-1024x634.jpg\" alt=\"Increase-smile-currency\" class=\"wp-image-4603\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-1024x634.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-300x186.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-150x93.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-18x12.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-270x167.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-770x477.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-820x508.jpg 820w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-831x515.jpg 831w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-370x229.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-554x343.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-306x190.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-260x161.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280-87x54.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/startup-3299033_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p>Not even Bitcoin on <a href=\"https:\/\/alfacash.blog\/2020\/11\/05\/bitcoin-over-15000-again-new-bull-run\/\" target=\"_blank\" rel=\"noreferrer noopener\">its new bull<\/a> run has these percentages. In the case of the current XRP price, the main reason for this would be related to new positive <a href=\"https:\/\/alfacash.blog\/2020\/10\/29\/what-happened-october-in-cryptocurrency-world\/\" target=\"_blank\" rel=\"noreferrer noopener\">crypto-regulations<\/a> in the United States. Last November 20, the U.S. Treasury Department\u2019s Office of the Comptroller of the Currency (OCC) published <a href=\"https:\/\/occ.gov\/news-issuances\/federal-register\/2020\/nr-occ-2020-156a.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">a proposal<\/a> of new guidelines for financial institutions.<\/p>\n\n\n\n<p>The bottom line of it is that <strong>the national banks can\u2019t deny their services to legal (but disfavored) businesses, like companies that work with cryptocurrencies<\/strong>, without assessing the specific risks in every instance. Among said businesses, we have the American Ripple Labs, founder and main user of XRP in their cross-border corporate transactions.<\/p>\n\n\n\n<p>Currently, +300 financial institutions across +40 countries worldwide have joined the RippleNet platform to make faster cross-border transactions by using, precisely, <a href=\"https:\/\/alfacash.blog\/2020\/09\/16\/tomorrow-late-discover-now-xrp-price-predictions-2021\/\" target=\"_blank\" rel=\"noreferrer noopener\">the XRP cryptoasset<\/a> before exchanging the funds into local currency. Thanks to the new legal proposal in the U.S., this work for Ripple Labs and XRP could become even easier and more open.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Beyond U.S. and XRP price<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-1024x682.jpg\" alt=\"\" class=\"wp-image-4736\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-1024x682.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-300x200.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-150x100.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-18x12.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-270x180.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-770x513.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-762x508.jpg 762w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-773x515.jpg 773w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-370x247.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-554x369.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-306x204.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-368x245.jpg 368w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-260x173.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280-87x58.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/binoculars-1209011_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Image by Free-Photos from Pixabay<\/figcaption><\/figure><\/div>\n\n\n\n<p>Luckily, not just the U.S. regulators are aiming to let this blockchain ecosystem grow. As Ripple <a href=\"https:\/\/ripple.com\/insights\/examining-the-regulatory-outlook-for-digital-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">described recently<\/a>, Peter Kerstens, Adviser at European Commission and Co-Chair of the FinTech Task Force, <strong>highlighted the need for good regulations that don\u2019t cut the development:<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cRegulated financial instruments tend to attract regulated financial institutions. The lack of a regulatory framework is, in my view, one of the reasons why we haven\u2019t seen further development of this (\u2026) Rather than apply our legislation in a negative way to ban activities [we want] to create a regulatory framework that enables [innovation], but of course also\u2026ensure market integrity, financial stability, and investor protection.\u201d<\/p><\/blockquote>\n\n\n\n<p>Meanwhile, RippleNet and XRP are being used as useful tools by several top-companies. Names like Santander, Standard Chartered, MoneyGram, SBI Remit, American Express, and even NGOs like Mercy Corps are included in these services, providing more liquidity <a href=\"https:\/\/alfacash.blog\/2020\/10\/01\/101-million-cryptocurrency-users-registered-new-study\/\" target=\"_blank\" rel=\"noreferrer noopener\">and community<\/a> for this currency.<br><br><br><br><em>Featured Image by WorldSpectrum \/ Pixabay<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center\"><em>Wanna trade\u00a0BTC, ETH,\u00a0and other tokens? You can do it<\/em>\u00a0<em>safely\u00a0<a href=\"https:\/\/www.alfa.cash\/buy\/bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">on Alfacash<\/a>! And don\u2019t forget we\u2019re talking about this and a lot of other things on our social media.<br><br><\/em><a href=\"https:\/\/twitter.com\/alfacash_crypto\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>\u00a0*\u00a0<a href=\"https:\/\/t.me\/AlfacashCommunity\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram<\/a>\u00a0*\u00a0<a href=\"https:\/\/www.instagram.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a> * <a href=\"https:\/\/www.youtube.com\/channel\/UCOl4fdRHj8AseQ5b6z9udaw\" target=\"_blank\" rel=\"noreferrer noopener\">Youtube<\/a>\u00a0*<a href=\"https:\/\/www.facebook.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>\u00a0\u00a0*\u00a0<a href=\"https:\/\/vk.com\/alfacashcrypto\" target=\"_blank\" rel=\"noreferrer noopener\">Vkontakte<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP\u306e\u4fa1\u683c\u306f\u9577\u3044\u9593\u505c\u6ede\u3057\u3066\u304d\u307e\u3057\u305f\u304c\u3001\u4eca\u9031\u306f\u8208\u596e\u3059\u308b\u6642\u671f\u3067\u3042\u308a\u3001137%\u306e\u5024\u4e0a\u304c\u308a\u3092\u7372\u5f97\u3057\u305f\u3088\u3046\u3067\u3059\u3002<\/p>","protected":false},"author":5,"featured_media":4735,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[47],"tags":[119,69,118,187,120,108],"class_list":{"0":"post-4730","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-trends-alfacash","8":"tag-european-union","9":"tag-prices","10":"tag-regulations","11":"tag-ripple","12":"tag-united-states","13":"tag-xrp"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/11\/hand-3085141_1280-scaled.jpg","author_info":{"display_name":"Isabel P\u00e9rez","author_link":"https:\/\/alfacash.blog\/ja\/author\/isabel\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v27.9) - 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