Blockchain
XRP Leads Crypto Rally on Ripple Labs Deal Speculation
A little-known cryptocurrency at the center of a key legal battle for the industry is leading the latest rally in digital assets, amid speculation that the company that runs it may soon reach a settlement with U.S. regulators.
Exchange rate risk jumped nearly 40% last week to around 60 cents, while Bitcoin, the market benchmark, rose about 12% in the same period. Cryptocurrencies have rallied this week partly on expectations that Donald Trump will be friendlier to the sector if he wins the U.S. presidential election.