The recent recovery gave Ripple (XRP) good strength, but after it tried to break above the $0.6384 price, it fell hard, around 13% from the high. In the last 24 hours, Ripple (XRP) has decreased 7.23%. With Ripple (XRP), Aptos (APT) shows bearish momentum, breaking down the double top and possibly starting a new downtrend.
Meanwhile, all the coins are showing a mini-correction; the DTX Exchange has doubled in a month from the launch price of $0.02 to the current price of $0.04 and is expected to rise to $0.06 in August.
SEC Cancelled The Meeting Regarding the Ripple (XRP) Case
SEC has again postponed the meeting regarding the Ripple (SEC) case again the closed-door meeting has passed without resolving anything for the cryptocurrency community. Many had hoped for a breakthrough in the long-running legal battle between Ripple (SEC) Labs and the SEC, but the repeated cancellations have dampened expectations.
Since April 2022, this meeting has been a regular fixture on the SEC’s calendar, often rescheduled and canceled. The recent cancellation marks the sixth time this specific meeting has been postponed, making it clear that Ripple(SEC) is not the main focus of these discussions. The SEC’s latest cancellation has effectively quashed rumors of an imminent resolution with Ripple (SEC).
$10M Fund Initiated By OKX Ventures and Aptos (APT)
The venture arm of cryptocurrency exchange OKX and the Aptos (APT) Foundation, which supports the development of the Aptos (APT) protocol, have set up a $10 million fund to encourage the growth of the Aptos (APT) ecosystem and broader adoption of Web3.
They will use the newly established fund to develop an accelerator program in partnership with Ankaa. This program aims to foster the growth of quality projects and applications built on Aptos (APT), a scalable Layer 1 Proof-of-Stake (PoS) blockchain that uses the Move programming language to enhance the reliability, usability, and security of on-chain transactions.
DTX Exchange Raises $1 Million Under A Month
Despite the recent developments in Ripple (XRP) and Aptos (APT), both coins are down intraday. Investors are shifting to DTX Exchange as the price is set to increase 50% in just a few days of August.
DTX Exchange (DTX) is transforming traditional trading with its innovative solutions. This platform combines the best features of centralized (CEX) and decentralized exchanges (DEX), offering gas-free trading and lightning-fast transaction execution in just 0.04 seconds.
DTX’s layer 1 blockchain solutions provide a strong and secure infrastructure for global investors. With a 1000x leverage feature and distributive liquidity pools, traders can optimize their experience, achieving higher market positions with less capital.
The platform also offers non-custodial wallets and a no-KYC approach, giving traders complete control over their funds and private keys.The DTX token is poised for significant growth, with expectations of 100x returns following its anticipated launch and a price breakout beyond $1.
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