2020 was a year of crisis in many ways \u2014 just not for large parts of the crypto sector, especially Bitcoin. The signs were also pointing to growth for the Ripple asset XRP. Then the US Securities and Exchange Commission filed a lawsuit against the Californian FinTech. A look back at the eventful year for XRP \u2014 of cooperations, innovations, and regulatory thumbscrews.The rumor mill was already boiling at full speed at the beginning of the year: At the world economic summit in Davos, Ripple CEO Brad Garlinghouse speculated about an increasing number of initial public offerings (IPO) by crypto companies. Garlinghouse made no secret of the fact that the Californian FinTech would like to enter the trading floor itself. Some were already expecting the Ripple IPO for 2020. Wishful thinking, as it turned out.Contrary to what its name suggests, the National Bank of Egypt is not a central bank, but it is the largest private bank in the country. So it\u2019s no wonder that the XRP rate reacted positively in February to the news that the bank has joined the RippleNet payment network. The National Bank of Egypt hopes the cooperation will bring efficiency benefits for cross-border transfers and the opening up of new markets. As with most Ripple collaborations, XRP does not play a direct role in the endeavor. Nevertheless, as a result of the news, the price rose by over 11 percent and reached a preliminary annual high of 0.31 US dollars.While the year had started very promisingly for the Ripple Coin, XRP could not escape the Corona Crash on March 12th. Panic selling pushed the price below $ 0.14. The euphoria that arose in February was gone for the time being \u2014 and the hard-won 30-cent mark had moved a long way off. It shouldn\u2019t be\u2026<\/p>","protected":false},"excerpt":{"rendered":"
2020 was a year of crisis in many ways \u2014 just not for large parts of the crypto sector, especially Bitcoin. The signs were also pointing [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/3092"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=3092"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/3092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=3092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=3092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=3092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}