Bitcoin showed signs of resilience with a recovery above the key $28,000 level on Wednesday, while $XRP gained for a second straight day. By shauryamalwa.
XRP tokens jumped for a second straight day, adding 11% in the past 24 hours. They werethat the classification of bitcoin and ether as commodities in the U.S. Commodity Futures Trading Commission suit against Binance might mean XRP tokens are classified as commodities as well. That might hurt the U.S. Securities and Exchange Commission 's case against Ripple, which says the tokens are securities.
Other tokens also rallied. Ether rose 4% as Ethereum developers confirmed the Shapella upgrade, a fundamental release, for April 14. The upgrade will allow ether stakers to withdraw tokens for the first time, among other network improvements such as improved transactional fees. Cardano's ADA jumped 8%, bnb tokens recovered 1.9%, erasing some of this week's losses, and Polygon's MATIC gined 7% on the introduction of its zero-knowledge Ethereum Virtual Machine in what may become one of
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