We recently noticed that some third-party companies and individuals impersonated the TOPONE Markets brand and illegally misappropriated our trademarks.

We Hereby Reiterate Our Statement:

  • TOPONE Markets does not provide discretionary account operation trading services, nor does it cooperate with other third-party vendors and/ or agents to provide such services.
  • TOPONE Markets staff will not promise to our customer the definite profit, please do not trust any kind of the profit promise or profit related picture, such as screenshot/ chat history, etc, all investment profit can be only viewed on our official website and application.
  • TOPONE Markets is a professional online trading platform with low spreads and zero handling fees. Be wary of any behavior that asks you for any fees directly and privately. TOPONE Markets does not charge a fee at any stage of its trading process or other fee.

If you have any questions or concerns, please feel free to reach us by clicking the "Online Customer Support" or send an email to our customer care team cs@top1markets.com. We will answer your questions and assist you promptly.

Understood
We use cookies to learn more about how you use our website and what we can improve. Continue to use our website by clicking "Accept". Details
This website does not provide services to residents of United States.
Market News XRP Bears to Target Sub-$0.3650 on SEC Activity and Fed Fear

XRP Bears to Target Sub-$0.3650 on SEC Activity and Fed Fear

For XRP, Tuesday's session was optimistic. But the SEC's actions and public opinion of the Fed continue to be obstacles for cryptocurrencies.

Alice Wang
2023-02-15
12313

微信截图_20230215110135.png


Tuesday saw an increase in XRP of 3.13%. Reversing a Monday decline of 1.14%, XRP finished the day at $0.38228. Since January 13, XRP has twice gone below $0.37.


XRP saw a negative start to the day, dropping to a low point of $0.36491 early on. After avoiding the First Major Support Level (S1) around $0.3624, XRP surged to a high of $0.38373 in the last hour. To close the day at $0.38228 XRP successfully overcame the First Major Resistance Level (R1) at $0.3787.

US Legislators Question Gensler's Strategies

There were no new developments in the SEC v. Ripple lawsuit on Tuesday that may have changed market sentiment. Following SEC actions against Kraken, staking services, Paxos, and Binance USD, US politicians offered relief (BUSD).


Gary Gensler and the SEC were the subject of increased scrutiny on Tuesday in the aftermath of the FTX bankruptcy.


A hearing titled Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets was conducted on Tuesday by the Senate Banking Committee. Gary Gensler and the SEC's shortcomings were brought to light by concerns about their regulation through enforcement and lack of SEC advice to crypto companies.


Legislators noted Gensler's appearances on morning talk programs and called for him to testify as soon as possible.


Investors saw the emphasis on Gensler and the SEC's enforcement-based regulation as advantageous, supporting a bullish day. The timing of Gensler's strategies is crucial for the SEC since Judge Torres, who is presiding over the case, is now in charge of the SEC v. Ripple.


The cryptocurrency markets will be hoping that Ripple succeeds so that US politicians are forced to take action against the SEC Chair. More crucially, the CFTC may take control if the records relating to the William Hinman speech are made public.

Bonus rebate to help investors grow in the trading world!

Need Assistance?

7×24 H

Download the APP for Free