Ether (ETH) is trading hands above $2,000, a three-month high, as the market picked up renewed optimism after a U.S. court found that sales of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts.
The second largest cryptocurrency by market cap was up 7.4% at $2,010 during the Asian morning hours. Various layer-1 tokens, such as Solana’s SOL, which has been accused by the SEC of being a security, also recorded double digit gains following the Ripple-SEC ruling on Thursday.
At the time of writing, SOL jumped 33.8%, MATIC gained 19.5%, Cardano's ADA was up 25%, and Stellar’s XLM soared 52%, in the last 24 hours.
The governance token of Lido DAO (LDO) was also up 25% in the last 24 hours. The CoinDesk Market Index (CMI), a measure of crypto markets performance, was up 7.2%.
Bitcoin (BTC) also passed its one-year high, trading at $31,424. Ripple's XRP nearly doubled after the ruling and was trading 66% at 78 cents at the time of writing.
In the last 12 hours, $203 million worth of short positions by crypto traders was liquidated, according to Coinglass data.
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Hello @techinvasion.
I saw that you recently arrived on the platform.
On a blogging platform as big as Steemit, you run the risk of not moving forward and not getting the desired results if you do not follow the right path.
There are some basic rules to follow such as posting original content, spamming, plagiarism and AI are not allowed, images must be owned or sources must be cited.
Did you know that there is the Newcomers' Community on Steemit, which helps new users to achieve basic goals step by step in order to be ready for the Steemit ecosystem?
If you are interested in learning more, I recommend you take a look at: Newcomer Guidelines for Verification and Curation you will find a lot of information that will be useful.
You may also entering some competitions organised by the various communities that's a great way to gain more visibility and make yourself known on the platform.
Try to find the contest that suits you, visiting Contest Alerts: Active Contest List.
I hope I have been a little helpful and good luck with your blog.. ;D
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yes, i'll follow the community,, also thank for your help,, it is helpful.
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I'm very glad to have been of help to you.😊
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