XRP record caps winning week for crypto – DL News
The Roundup
- XRP hit a new record on Friday.
- The market is awash with bullish crypto signals.
A version of this article appeared in our The Roundup newsletter on July 18. Sign up here.
Hi! Eric here.
XRP just broke its 2018 record by surging to $3.66 after quietly becoming the third biggest cryptocurrency in the world earlier in the week.
So why did XRP just explode?
That’s a bit trickier to say.
Ripple, the company whose founders developed the cryptocurrency and that still plays an instrumental role in its utility, hasn’t broken any big news this week — apart from founder Chris Larsen cashing out $26 million worth of XRP.
Its long-running legal dispute with the Securities and Exchange Commission remains unresolved, and the agency has…
