Bitcoin ($BTC) and XRP ($XRP) are in focus as the U.S. Senate Committee and Rep. Ro Khanna’s roundtable discuss future crypto regulations today. With the CFTC Chair and Ripple’s CEO participating, Bitcoin is up nearly 2% ($58,510.62) and XRP at $0.4417. #CryptoRegulations
Parties in the Ripple lawsuit filed motions to seal exhibits following a favorable order for Brad Garlinghouse, Ripple Labs, and XRP II. Judge Hamilton set deadlines for motions and hearings in July. Meanwhile, whales are accumulating $XRP ahead of the final judgment on penalties. #Update
? On July 9, $XRP faced volatility as whale movements totaled 237M coins. Significant transfers included 35.35M to Bitstamp and 150M from Ripple to an unknown wallet. Price dipped 1.33% to $0.4347. With the Ripple lawsuit nearing conclusion, market speculation intensifies. #CryptoNews
XRP shows strong recovery, rising to $0.44 after a major whale purchase of 300M coins worth $130.13M. Increased trading volume (86%) and futures open interest indicate renewed market confidence. Legal optimism in Ripple vs. SEC case boosts investor sentiment. #CryptoNews
Ripple’s XRP sees whale movement of 37.39M tokens to Bitstamp before Ripple vs. SEC case conclusion. Fred Rispoli predicts case end by July 13 or 31. XRP faces resistance at $0.4250, struggling below 100-hourly SMA. Regulatory clarity crucial for crypto’s future. #XRP #CryptoNews
XRP, @Ripple’s native token, rose 4.3% in 24 hours despite market volatility. Technical indicators are mixed, but a bullish crossover between 5-day and 20-day averages is notable. Current price: $0.43. #Crypto #Update
Celsius Network is suing users who withdrew funds before its bankruptcy, using clawback provisions to target “fake profits.” Ripple CTO David Schwartz says principal is usually safe unless insider info is involved. Users face severe financial and emotional impacts. This could set a major crypto industry precedent. #CryptoNews
Renowned XRP whale offloads 71M $XRP to exchanges, impacting price. $XRP dipped to $0.39, with recent 10.15% drop. RSI suggests rebound potential. Pro-XRP lawyer Bill Morgan’s buy offers optimism. Whale activity highlights $XRP’s long-term significance. #Update
Ripple has launched “Try It” for its Payments API, allowing developers to send simulated API requests without logging in. This feature helps test API responses in real-time, speeding up integration and enhancing the developer experience. #FinTech #Blockchain #Update
? Ethereum, Bitcoin, and XRP lead 2024 crypto scam losses, with over $1.5B stolen in the first half. DeFi protocols hit hardest, accounting for 59% of losses. Major hacks include 4,502.9 BTC from DMM Bitcoin and 213M XRP from Chris Larsen’s wallets. Security measures are crucial. #CryptoSecurity
Renowned XRP whale shifts 63M coins ($30.63M) amid Ripple (@Ripple) vs SEC legal battle. Ripple files Notice of Supplemental Authority, referencing SEC vs Binance, yet XRP dips 0.40% to $0.4824. Market remains volatile as Judge Analisa Torres’ ruling is pending. #CryptoNews
Ripple and Coinbase are challenging the SEC, leveraging Binance’s recent court win. Ripple highlights a judge’s ruling that XRP sales aren’t securities, questioning the 1946 Howey Test’s relevance. Coinbase calls for clearer rules, citing inefficiencies in SEC practices. This push could reshape crypto regulations. #CryptoNews
$XRP surged 1.40% to $0.4873 on July 2 as 3 billion XRP were moved, including 1 billion unlocked from escrow and 800 million locked back. Whale Alert reported 30.76 million XRP moved to Bitstamp. Analysts predict a 25% rally on bullish indicators. #CryptoNews
PostFinance, a Swiss govt-owned bank, now offers trading for $XRP, $SOL, $AVAX, $ADA, and $DOT. This follows their 2023 partnership with Sygnum Bank to provide regulated crypto services. Switzerland’s Crypto Valley in Zug strengthens its leadership in digital assets.
