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Ripple's XRP is one of the few large cryptocurrencies that has not traded flat in the last 12 hours but has increased by an impressive 14% to USD 0.37. The most recent development in the company's case against the Securities and Exchange Commission appears to be well received by market participants.
Fox Business reporter Eleanor Terrett recently tweeted that two decisions are imminent and expected within the next week.
Presiding judge Sara Netburn is expected to issue the first ruling. She will decide whether emails and other documents pertaining to William Hinman's 2018 speech are protected by the attorney-client privilege. Magistrate Judge Analisa Torres will make the second decision. She will make a decision "on the SEC's motion to seal its opposition to JohnE Deaton's request to file an amicus brief on the agency's expert witness Patrick Doody."
As previously stated, these decisions are expected within the next week, and there is a good chance that the case will take a decisive leap forward as a result of the decisions.
Ripple has opened a new office in Toronto, Canada, that will serve as an engineering hub for cryptocurrency innovation. The company's global expansion includes this new location.
This was announced on Wednesday by the company behind the XRP cryptocurrency. According to the announcement, Ripple will initially hire 50 engineers before expanding its office to include hundreds of blockchain engineers ranging from data scientists and machine learning scientists to product managers.
"Crypto and blockchain present an incredible opportunity for engineers to tackle difficult problems, with the potential for these
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