SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules

A federal judge has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retail traders by putting it on exchanges. Judge Analisa Torres, of the U.S. District Court for the Southern District of New York, granted the request … Read more

XRP Ruling Needs Appeals Court Review, SEC Says

The U.S. Securities and Exchange Commission (SEC) asked for permission on Friday to appeal a federal judge’s ruling that XRP sales through exchanges didn’t violate securities law, a day after the judge said the SEC could present its argument. The SEC petitioned Judge Analisa Torres, of the U.S. District Court for the Southern District of … Read more

Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval

The price of bitcoin (BTC) barely held the $29,000 level early Wednesday as the summer slump in trading activity weighs on digital assets. The largest cryptocurrency by market capitalization sank to as low as $29,028, the weakest level since August 7 and down about 1.3% from $29,400 a day ago. The price had bounced modestly … Read more

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Cryptocurrencies were broadly lower after a sharp mid-afternoon selloff Tuesday upended what had been a mostly quiet session. Leading the CoinDesk Market Index’s (CMI) 1.3% decline were altcoins such as Ripple’s (XRP), Dogecoin (DOGE), Polkadot’s (DOT), Polygon’s (MATIC) and Uniswap’s (UNI), each sporting losses of more than 4% over the past 24 hours. Outperforming were … Read more

XRP’s Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

XRP temporarily surged to $50 on crypto exchange Gemini, which rocketed the token’s market capitalization to trillions of dollars if only for a few minutes. Prices shot up to those levels for a few minutes at 20:30 UTC on Thursday before immediately reverting to parity with the spot markets on other exchanges. The bump, which … Read more