XRP May Win Gemini Exchange Listing After Court Ruling in SEC Case
U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.Source
Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.Source
Ripple’s XRP Token Surges 96% After Court Rules XRP Sales Aren’t Investment Contracts
XRP climbed as high as 64 cents at one point, its highest level since May.Source
Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”Source
Ripple, Crypto Industry Score Partial Win in SEC Court Fight Over XRP
The institutional sale of the XRP tokens did violate federal securities laws, a court ruled as it granted a motion for summary judgment in part on Thursday.Source
Argentina’s First Bitcoin Futures Contract Officially Goes Live
The product was approved by the South American country’s National Securities Commission in April.Source
Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K
Wednesday’s CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might’ve thought would drive BTC’s price higher.Source
Circle Cuts Workforce, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally
Stablecoin issuer Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday.Source
Elon Musk’s New ChatGPT Competitor Boosts AI-Related Crypto Tokens
Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company “xAI” to take on ChatGPT.Source
Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures Trading Commission (CFTC) said in a Wednesday statement.Source