Bitcoin price falls under $30K as macro and regulatory worries take center stage
As investor’s euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact BTC price. Go to Source Powered by WPeMatico
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Ripple court ruling makes call for regulation ‘more compelling and more urgent’ — former CFTC chair
Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP’s favor. Go to Source Powered by WPeMatico
Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17
Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020. Go to Source Powered by WPeMatico
XRP tops BTC in trading volume as it continues to savor partial victory in SEC suit
XRP gained 1% over Bitcoin in volume between June 17 and July 17, with U.S. exchanges listing it again and international support never failing, Kaiko found. Go to Source Powered by WPeMatico
SEC vs Ripple referred to judge who ordered release of ‘Hinman Documents’
Judge Analisa Torres has sent the remaining issues in the SEC versus Ripple case to Magistrate Judge Sarah Netburn. Go to Source Powered by WPeMatico
Ripple CLO says court ruling could encourage banks to adopt XRP: Report
A July 13 court ruling in Ripple’s legal battle with the SEC suggested XRP may not necessarily be a security, a decision which has already made significant waves in the space. Go to Source Powered by WPeMatico
Senator Lummis urges clear crypto regulations after XRP ruling
The outcome of the case could establish a precedent that shapes the regulatory landscape for digital assets within the United States. Go to Source Powered by WPeMatico
Binance customers represented by entity, citing inadequate representation
Eeon seeks compensation from both Binance and the US SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day. Go to Source Powered by WPeMatico
SEC accepts BlackRock’s Bitcoin ETF application, signaling regulatory review
The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal. Go to Source Powered by WPeMatico
Allowing Coinbase to go public was not a ‘blessing’ of the business: SEC
The SEC argued that just because it approves an S-1 filing from a company, does not mean the firm is not operating, or will not operate in “violation of the law.” Go to Source Powered by WPeMatico