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XRP futures open interest hit a record $ 1.2 billion According to Cointelegraph

XRP futures open interest hit a record $ 1.2 billion

XRP’s price journey to $ 1 this year has been nothing short of spectacular, considering Ongoing lawsuits by the Securities and Exchange Commission against commenced in December 2020. Regulatory authorities alleged that XRP was an unregistered stock offering worth $ 1.3 billion, and both CEO Brad Garlinghouse and co-founder Christian Larsen participated.

On Tuesday, Ripple Labs did granted access to SEC documents “demonstrates an agency’s interpretation or opinion” on the topic of crypto assets.

XRP price in USD at Bitstamp. Source: TradingView
XRP futures contracts open interest aggregate. Source: By
The top 1-month-old cryptocurrencies in terms of performance and volume. Source: Nomics
VORTECS ™ score versus XRP price (white). Source: Cointelegraph Markets Pro

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