리플 비트코인: 리플의 급등이 끝나지 않은 이유 | 쏟아지는 긍정적인 가격예측 | 비트코인과 분리 by 데이터분석 | 2021 암호시장 폭발 | 이더리움 3만개 소각 디플레 오나

The Santient Data Analytics Platform tweeted:
"XRP is rising 18% today , separating from Bitcoin and the rest of the cryptocurrency market
." According to the analysis team via Twitter, the
rise in the price of the sixth
cryptocurrency is likely to be even higher if the daily interactions of unique addresses, such as new wallets appearing every day, increase further. On August 11th, XRP briefly surged to $1.9
and then fell again. “XRP is enjoying an 18% gain from BTC and the rest of the crypto market, with nice decoupling,” said Santient. “The growth of the network where active addresses and new addresses are created continues to rise, which
could lead to even bigger price increases.” said. Ripple reports that it has partnered with GME Limitance, a major South Korean payment provider, through its partner SBI Ripple Asia

The goal is to improve the remittance system from Korea to Thailand
. On July 28, fintech giant
Ripple announced the launch of a new ODL corridor from Japan to the Philippines . Both issues appear to have contributed to the recent surge in XRP. GME Limitance has now
become a customer of RippleNet, joining more than 300 other member banks and financial institutions around the world. The company has joined Ripple's corporate blockchain network to strengthen cross-border payments between South Korea and Thailand . In particular, GME remittances were connected to Thailand's largest bank, Siam Commercial Bank , through RippleNet,
which specifically does not use the XRP cryptocurrency. The collaboration was made possible through SBI Ripple Asia
, a joint venture between Ripple and SBI Holdings, to accelerate and scale remittance payments to more than 184,000 Thai citizens currently living in South Korea

The post also showed that GME Remittance is looking at its connections with existing RippleNet customers to expand more remittance corridors
across the region, including the US and Europe, and internationally
. Ripple has joined forces in recent years
to build a strong presence in the eastern region. In fact, Ripple says Asia Pacific is one of the fastest growing markets
for both customer demand and transaction growth, with transactions
growing 130% year-over-year. While Ripple is currently embroiled in a legal battle in the US , its business seems to be booming in Asia.

Meanwhile, the XRP community has remained vigilant about the sale of his XRP by former Ripple executive Jed McCaleb. It's no secret that Ripple's former CTO is gradually selling his XRP
. However,
there has been much debate about its impact on the price of XRP. Although the amount wasn't large enough to trigger a price move
, there was debate as to whether or not we would see the price of XRP skyrocket as soon as McCaleb finished selling its stake in XRP. According to data provided by XRP Scan,
Macaleb's Taco Stand crypto wallet moved nearly 57 million XRP to the public cryptocurrency exchange. Since the beginning of the month, 11
outgoing transactions have been recorded in the wallet.

These transactions are largely
divided into the sum of $4.39 million and 6.55 million XRP. After moving close to $57 million, the current
wallet balance reached $646.59 million. XRP community members
believe his XRP reserves will run out by September of this year. Meanwhile,
the never-ending debate over regulatory clarity within the digital asset space has reached Senator Elizabeth Warren, who has asked for information from regulators' current industry powers and what Congress needs
to bridge existing regulatory gaps . The deadline to respond was July 28, when Congressman Don Bayer introduced legislation
to protect consumers and promote innovation in the space . Senator Warren's request has
tacitly removed the CFTC from the equation, and the SEC's now-published Gensler response makes it
clear that that's the agency's expectation. “A typical trading platform has more than 50 tokens.

In fact, many exchanges
have far exceeded 100 tokens,” SEC Chairman Gary Gensler wrote in a letter.

Most of the 100 tokens will be securities.” The SEC is also
arguing in favor of the Howi test to verify the legal status of a given digital asset. “The specific rules regarding crypto assets are well established. The test to determine whether a crypto asset is a security
is clear,” he said. Many scholars , including Rutgers Law School and the American Enterprise Institute,
have argued differently, proposing different approaches to digital assets
. The SEC Ripple lawsuit is potentially the
most significant threat to the validity of the Howi test. The SEC
said so when it recently warned the courts that Ripple's victory over its impartial notice defense was invalid. That's why
many legal experts who have studied the legal struggles surrounding XRP's nature have cited the triumph of the summary judgment that Ripple "can save the industry from the SEC
." As the SEC seeks to assert itself in the digital asset space, the tone of regulators seems to be becoming increasingly aggressive.

Earlier this month we saw several exchanges between CFTC and SEC members advocating their powers over the asset class. In the meantime, the fact-finding period is just coming to an end,
and there is still a long way to go as both sides are withholding valuable documents from the other side. The SEC is forcing Ripple to hand over a Slack message that could be important to the institution's case that XRP was sold as a security
The court will hear both sides to decide on the matter. Judge Sarah Netburn asked the defendants to write
a 15-page "huge briefing" that would include part of a transcript of William Hinman's testimony . The 15-page briefing will be open to the public , but the transcript of Inman's testimony
is likely to be partially censored. A judge ruled in favor of a request for Ripple and the SEC to disclose
their views on the ongoing discovery dispute in an eight-page letter,
appears to be a heavy briefing among legal experts.

The judgment came without the two sides
not preparing the relevant documents requested by the other side. In June, Ripple even filed a request forcing the SEC to hand over relevant documents regarding BTC ETH XRP
. In addition to the eight-page letter, Judge Sarah Netburn urged the defendants
to jointly file a 15-page letter called the 'Monster Briefing' . As part of the joint letter, Ripple CEO Brad Garlinghouse,
who is also a defendant in the SEC Ripple lawsuit, requested that several documents be sealed
, including the testimony of former SEC chief William Hinman, who currently has no access to the transcript

will soon explain why these parts should be kept secret. Under section 15 of the Protective Order, the SEC is the party that has designated the data confidential in the first case,
and the other party in this action has three days
to file a letter explaining the need to seal or rectify the data. Meanwhile, the defendants Ripple Labs, Brad Garlinghouse and Chris Larsen had two production orders issued in this case and requested a meeting to address
the SEC's inadequate privilege claims, primarily the
Deliberative Procedural Privileges (DPP), on relevant documents essential to defense.

This is another attempt by Ripple and individual defendants to force the SEC to hand over documents
regarding their views on Bitcoin, Ethereum, and XRP
. The agency insists on withholding all internal documentation on the basis of the DPP, attorney-client privileges, and all-out claims of business products
. Meanwhile, investors in XRP now
have a lot to consider. With expert XRP price predictions, crypto investors will want to know why XRP is rising so wildly
. In fact, over the past week, XRP has risen 33%. Currently, the token has an impressive 17% gain. Crypto markets are generally
volatile asset classes, but nonetheless, these movements are noteworthy. One of the main reasons XRP is rising these days is that
the legal status of cryptocurrencies has improved as a result of the ongoing fight with the Securities and Exchange Commission. According to recent reports, the SEC has
not been as honest as the judge presiding over the case would like to see. Ripple's attorneys
did not receive any major findings from the SEC. Ripple now
seems more likely to get out of this hurdle. Of course, it's too early to say what the outcome of XRP's legal troubles
will be.

But crypto investors are largely
riding the XRP bandwagon today.
Let's see where the experts think XRP could head from here. For reference, XRP is currently trading at $0.97 per token at the time of writing
. Cointelegraph predicts that XRP will likely trade for $1 in the future
. Considering how close it actually is to this goal, the
site seems to be trying to make it more predictable. FX Street offers a 300% increase from here to over $3 per token

Coincora is listing a bullish target of $4.67 per XRP token
. The site also mentions a worst case scenario of $0.59 per token if things don't go well. Coinpedia is listing the 2021 bull and bear case scenarios for XRP at $1.44 and $0.56 respectively. Wallet investors mention $1.15 and $2.62 in 1-year and 5-year forecasts for XRP, respectively
. Meanwhile, several previous studies have highlighted the growing
adoption of cryptocurrencies worldwide in the United States . Another recent study pointed out that 13% of Americans surveyed have bought or traded cryptocurrencies in the past 12 months
. This new investment group appears to be catching up with traditional stock market investors, who make up 24% of the surveyed population
. More surprising, however
, was the notable demographic diversity within crypto investors, a
marked difference from equity investors. The study, conducted by the University of Chicago's NORC, found that crypto traders were not only younger, but
also more diverse in terms of race and ethnicity . Moreover, gender diversity has also attracted attention among these investors, with
more women showing interest in cryptocurrencies. Finally, low-income people are also
more likely to invest in digital assets than stocks.

All these findings are
welcome changes from those previously mentioned in past investigations. For example, in a survey conducted by Gemini Exchange earlier this year, most crypto investors were white and male. The report notes that the average
cryptocurrency owner is a 38-year-old male who earns about $111,000 per year. The report highlights how crypto investing has provided an investment vehicle to
that part of society previously overshadowed by white male domination within the tech finance industry . However, the aforementioned NORC report also
found that the inability to access sound information within these crypto investors was
not only a major barrier to entry, but also exposed new investors to the risks associated with the volatility of the crypto market
. Most crypto investors, over 61% surveyed , started trading around six months ago, making them
more vulnerable to negative market changes. The
fact that most of them received information from exchange trading platforms or social media made them an even more risky gamble.

It is not surprising that two-thirds of
respondents said they did not understand cryptocurrencies enough to invest, while 30% said they did not know how to invest. In comparison, only a third of respondents cited lack of money as a barrier to investing in cryptocurrencies. Meanwhile, a new report from the Big Four accounting firm KPMG shows that crypto and blockchain investments continue to grow thanks to ever-increasing investor interest. The study, titled 'The Pulse of Fintech H1 2021', covers global investment activities in different financial technology sectors during the first half of the year

It details 2,456 investment transactions worth $98 billion from January to June
. One of the top trends for fintech in 2021 is the explosive growth of cryptocurrencies and blockchain investments
, the report said. In the first six months of 2021, there were 548 investment activities, including mergers and acquisitions in venture capital, private equity, and blockchain and
cryptocurrencies. The total investment in the first half was $8.7 billion, and the
total of 580 investment transactions in 2020 has already doubled to $4.3 billion. Companies with more than $100 million in funding , including Block Pie, Paxos, Blockchain.com, and Bitso
, led the increase in investment volume. Anton Luden Klau, co-leader of KPMG global fintech, added that cryptocurrencies and blockchains are
exploding globally. The study points to a growing awareness of investors as a key driver of investment growth

Investors said they now have a better understanding of crypto assets, as well as operational and procedural aspects of crypto assets, from storage and storage to the competitiveness and maturity of storage service providers
. KPMG predicts in the report
that while the cryptocurrency space continues to mature, the distinction between cryptocurrency and blockchain technology will
become stronger. NFT, a key focus during the first half of the year,
will contribute to the evolution of cryptocurrency exchanges in the form of an NFT-centric trading platform.

The report expects the cryptocurrency
market to focus more on legal regulations over the rest of the period. One concrete example, India, will affect the entire ecosystem if it regulates cryptocurrencies by asset class in the second half of 2021
. According to OKLink Blockchain Research,
ETH Burn Data Service, more than 30,000 ETH have already been burned on the blockchain, with each block containing an additional 0.7 ETH. Since the recent update, the blockchain community has

written many speculative and analytical articles about the deflationary future of the Ethereum cryptocurrency.

This is because network updates introduce a paid combustion mechanism into the
network. Currently
, all the fees used for transactions on behalf of miners for each issued block are being burned. About 4500 ETH are being burned every day. During periods of high network congestion, we can witness higher numbers
due to higher fees and higher number of transactions . According to a recent study,
more than 2 million ethereum could be burned in the next year alone. A large amount of burned coins will eventually make Ethereum a
deflationary asset. The current future Ethereum inflation rate is expected to fall by 2.73%, which
is lower than the current bitcoin price inflation rate. Ethereum’s price has risen significantly over the past 20 days with a
75% price increase. It is difficult to distinguish whether this effect is
being fueled by a newly proposed fee burn mechanism or by
the general bullish sentiment on the cryptocurrency market, which almost all altcoins follow
. The long-term effects of the newly introduced EIP-1559 are likely to appear in the next few years after the entire network is over and miners have time to work with the new fee structure for a long time

You May Also Like