Ripple Files Cross Appeal, DTX Exchange Unveils Launch Date for Phoenix Wallet, Can Bitcoin Cash Reach $500?

Ripple
(XRP)
has
made
a
bold
move
to
file
a
cross-appeal
against
the
US
SEC
in
its
ongoing
regulatory
legal
tussle.
In
the
middle
of
this
legal
battle,
DTX Exchange (DTX)DTX Exchange (DTX)“>

DTX
Exchange
(DTX)

has
set
the
release
timeline
for
its
Phoenix
Wallet.

The
wallet
will
allow
users
to
hold
multiple
assets
from
cryptocurrencies,
commodities,
ETFs,
bonds,
etc.
Meanwhile,
Bitcoin
Cash
(BCH)
is
trading
in
a
narrow
range
after
a
long
period.
Crypto
enthusiasts
are
wondering
if
it
can
reach
$500
soon.

Ripple
(XRP)
Files
Cross-Appeal
Against
US
SEC 

Ripple’s
(XRP)
Chief
Legal
Office,
Stuart
Alderoty,
revealedrevealed“>

revealed

on
X
that
the
company
filed
a
Form
C
on
October
25.
According
to
Ripple
(XRP),
each
of
the
points
of
appeal
is
to
be
reviewed
under
the
“de
novo”
standard
of
review,
which
means
that
the
court
should
review
its
prior
decision
based
on
the
application
of
the
law.

This
Form
C
filing
comes
following
the
SEC’s
prior
Form
C
filing
of
October
18.
Currently,
the
Ripple
coin
is
bearish
across
the
weekly,
biweekly,
and
monthly
timeframes
on


CoinMarketCap.
The
altcoin
price
has
been
on
a
downtrend
since
the
securities
regulator
submitted
its
cross-appeal.
However,
Ripple’s
Hull Moving Average (9)Hull Moving Average (9)“>

Hull
Moving
Average
(9)

is
flashing
a
bullish
signal. 

If
more
buyers
return
to
the
mark,
we
could
see
the
Ripple
price
soar
past
the
resistances
at
$0.541405
and
$0.559037.
A
top
analyst,
Dark
Defender,
saysay“>

says
the
value
of
the
Ripple
crypto
could
pump
to
$0.66
soon. 

Bitcoin
Cash
(BCH)
Could
Hit
$530,
Says
PerpTrading

Bitcoin
Cash
(BCH)
has
been
consolidating
between
$300
and
$380
in
the
past
month.
It
has
a
profit
of
6.8%
on
the
biweekly
chart
but
is
down
on
the
weekly
and
monthly
timeframes
on
CoinMarketCapCoinMarketCap“>

CoinMarketCap. 

While
some
experts
believe
this
consolidation
could
lead
to
a
price
surge
in
the
future,
others,
like
SkinnyMoonHuntr,
saysay“>

say

that
the
Bitcoin
Cash
price
might
be
preparing
for
a
price
drop.
PerpTrading
forecastsforecasts“>

forecasts

that
the
value
of
the
Bitcoin
Cash
crypto
could
pump
to
$530
in
the
coming
weeks.
In
the
meantime,
the
sentiment
around
cryptocurrency
is
mixed.

Although
some
indicators
are
bearish,
others,
like
the


Hull
Moving
Average
(9),
are
showing
a
buy
signal,
which
is
a
bullish
sign.
Based
on
this
positive
momentum,
we
could
see
the
value
of
the
Bitcoin
Cash
token
rising
to
the
first
resistance
at
$402.18.

DTX
Exchange
(DTX)
To
Introduce
Phoenix
Wallet
in
the
Next
7
Days

DTX Exchange (DTX)DTX Exchange (DTX)“>

DTX
Exchange
(DTX)

is
preparing
for
the
launch
of
its
own
DTX
Wallet
called
Phoenix
Wallet.
This
new
addition
will
expand
the
ecosystem
by
providing
safe,
built-in
storage
for
various
assets
and
could
be
an
added
advantage
to
the
users.
Also,
the
Phoenix
Wallet
might
enhance
the
efficiency
of
DTX
Exchange,
being
a
one-stop
solution
for
traders
with
different
assets
like
EFTs,
cryptocurrencies,
indices,
bonds,
etc.

The
uniqueness
of
DTX
Exchange
lies
in
the
fact
that
it
is
a
hybrid
exchange
between
centralized
(CEX)
and
decentralized
exchanges
(DEX).
This
approach
gives
the
traders
speed
and
low
cost
of
transactions.
Furthermore,
DTX
Exchange’s
unique
trading
system
is
not
limited
to
crypto;
it
offers
its
users
a
chance
to
trade
stocks,
options,
indices,
and
ETFs.
This
connection
to
the
$714.7 trillion$714.7 trillion“>

$714.7
trillion

OTC
derivatives
market
gives
DTX
more
room
for
growth
than
exchanges.

This
single
environment
means
that
traders
are
able
to
trade
a
number
of
assets
without
having
many
accounts
on
different
platforms.
Currently
featured
on


CoinMarketCap,
DTX
Exchange
is
currently
in
the
fourth
stage
of
its
presale
and
is
priced
at
$0.08.
Analysts
forecast
this
value
could
soar
by
5x
before
the
year
ends. 

Conclusion 

Ripple’s
(XRP)
latest
filing
could
be
a
game
changer
in
its
ongoing
battle
against
the
US
SEC.
Also,
DTX
Exchange’s
upcoming
wallet
makes
it
one
of
the
top
DeFi
projects
to
watch
out
for
in
the
coming
weeks.
Meanwhile,
Bitcoin
Cash
(BCH)
could
have
a
tough
time
rising
to
$500
in
the
future
based
on
its
mixed
technical
indicators.

Learn
more:

Buy PresaleBuy Presale“>

Buy
Presale

Visit DTX WebsiteVisit DTX Website“>

Visit
DTX
Website

Join The DTX CommunityJoin The DTX Community“>

Join
The
DTX
Community