Finder wins court case, BitMine invests $2B in ETH
- The Australian Federal Court ruled in favor of Finder.com, stating its product Finder Earn is not a financial product.
- BitMine Immersion Technologies purchased over $2 billion worth of Ether (566,776 ETH) in just 16 days.
- XRP’s price fell as much as 19% to $2.95 amid market corrections, with analysts calling it a “healthy pullback.”
- Memecoins inspired by Hulk Hogan and Ozzy Osbourne surged following their deaths this week.
- Ethereum is predicted to potentially outperform Bitcoin if it surpasses the $4,000 mark, according to Galaxy Digital’s CEO Michael Novogratz.
This week saw significant movements in the cryptocurrency market, including legal victories for fintechs and major investments in Ethereum. The total crypto market cap reached approximately $3.88 trillion amidst fluctuations in major currencies like XRP and Bitcoin.
As of now, Bitcoin trades at $117,962 while Ether stands at $3,774 after recent volatility.(Source)
