Crypto

Source: Coin Tegraph XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC’s Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF. Read Full Article

Source: Bitcoinist On Wednesday, the US Securities and Exchange Commission (SEC) officially initiated an appeal process against the final ruling in the case against Ripple Labs. The specific grounds of the SEC’s appeal remain undisclosed so far, leaving the XRP community in the dark. However, pro-XRP lawyer Bill Morgan has clarified via X that the…

Source: Bitcoinist On-chain data shows the Bitcoin short-term holders have recently moved over 14 times as much profit volume as the loss one. Bitcoin Has Plunged As Short-Term Holders Have Been Realizing Gains According to the latest weekly report from Glassnode, the short-term holders have started taking profits again recently. The on-chain indicator of relevance…

Source: Coin Tegraph Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability. Read Full Article

Source: Bitcoinist Bitcoin is currently testing a crucial support level after a 9% decline from its recent local highs. The broader crypto market, alongside traditional markets, has been experiencing heightened volatility, driven by the ongoing conflict between Israel and Iran. This geopolitical tension sends shockwaves through global markets, and Bitcoin is no exception. Amid this…

Source: Coin Tegraph Bitcoin demand in the US is “strong,” but can the Coinbase premium save BTC price action from further downside? Read Full Article

Source: Bitcoinist Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has openly slammed the United States Securities and Exchange Commission (SEC) for its most recent legal move, marking a significant step in the ongoing dispute over XRP and the blockchain payment firm.  US SEC’s Appeal Move Receives Backlash From Stuart Alderoty The prolonged legal tussle between…

Source: Coin Tegraph A crypto trader opined that market participants should step back from the Bitcoin “Uptober” hype and look at the bigger picture. Read Full Article

Source: Bitcoinist AT&T is back in the news again for new legal challenges related to a sensational SIM swap case in which crypto worth $24 million was stolen from an investor by the name of Michael Terpin. Recently, a division of the Ninth Circuit Court of Appeals overturned a recent ruling by the lower court…

Source: Coin Tegraph Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange.  Read Full Article