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XRP ($XRP) could reach $2 if Bitcoin ($BTC) rallies to $100K-$150K, boosted by the nearing conclusion of the Ripple vs. SEC lawsuit. Ripple CEO @bgarlinghouse and CLO @s_alderoty believe the case is effectively over, enhancing investor confidence.
Bitcoin ($BTC) surged over 9% after Donald Trump made a $1,000 crypto payment at a New York bar. This marks the first time a US president has used Bitcoin, generating significant market buzz.
Franklin Templeton to launch an on-chain mutual fund on $SOL while @Citi explores Solana for money transfers and smart contracts, signaling blockchain’s growing role in finance.
Five dormant Bitcoin wallets from 2009 moved 250 BTC worth $15.9M, coinciding with $BTC reaching $64K. This reactivation could significantly influence market sentiment as $BTC tests the 200-day SMA.
Solana’s Frankendancer upgrade, incorporating Firedancer elements, is now live on the mainnet. Jump Crypto showcased it at the 2024 Solana Breakpoint conference, boosting $SOL price by 9% to over $150 and enhancing validator client diversity and ecosystem performance.
Jupiter Exchange acquires SolanaFM and Coinhall, launches zero-fee Jupiter Mobile, and introduces Metropolis API and Jupiter RFQ at Solana Breakpoint 2024 to enhance liquidity and integration. Ape’s Pro trading terminal debuts for meme coin trading.
The U.S. CFTC appeals a court decision allowing Kalshi to offer election outcome contracts, citing concerns over market manipulation and election integrity. Kalshi claims regulated markets ensure better oversight. The ruling could set a precedent for future U.S. political prediction markets.
Texas court dismisses Consensys’ lawsuit against the SEC on procedural grounds. Judge ruled the case lacked a final agency action, making it unripe for review. Consensys plans to continue its advocacy, highlighting ongoing crypto regulation debates.
Coinbase CLO Paul Grewal and Ripple CLO Stuart Alderoty criticize the SEC’s term “crypto asset security” for lacking legal backing. The SEC’s inconsistent token regulation will be under scrutiny as all Commissioners, including Chair @GaryGensler, testify before Congress.
The UN proposes global AI regulation to mitigate risks, suggesting a global AI fund to aid developing countries. Meta halts Llama model in the EU due to regulations. OpenAI revises its safety committee to include independent authorities.
CertiK Ventures invests $45M to enhance Web3 security. The initiative aims to support high-potential projects, leveraging CertiK’s blockchain security expertise and partnerships with major networks like @Ripple and @Binance.
Revolut, valued at $45B and now a UK bank, is developing a stablecoin amid booming demand. Despite growth, 75% of last year’s crypto scam transactions involved stablecoins. Revolut’s move could push further innovation in the financial sector.
A crypto whale sold $3.2M in $PEPE, $FLOKI, and $WLD, netting $200K profit. Despite this, $PEPE surged 13%, $FLOKI rose 10%, and $WLD increased 8%, driven by positive market sentiment from Fed rate cuts.
$BTC whale dumps 1.03K BTC worth $64.3M during $63K price surge, sparking selloff concerns. Despite this, $BTC remains resilient, buoyed by positive market trends and a US Fed rate cut. Predictions suggest potential new highs this month.
