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.
XRP accumulation surges as whale wallets increase by 20 in 30 days, totaling 1,583. Whale transactions up 208%, while XRP price remains stable at $0.478. Market cap at $26.6B; daily volume spikes 42% to $770M. #Update #XRP
Institutional interest in altcoins is surging, with $SOL and $LTC seeing inflows of $1.6M and $1.4M, respectively. Meanwhile, $ETH faces $119M in outflows. The shift highlights confidence in innovative tech and cross-border payment utility. #CryptoNews
XRP whales moved 230M coins worth $109.21M as the Ripple vs. SEC lawsuit nears conclusion. Key transactions: 30.93M XRP dumped on Bitstamp, 200M shifted to an unknown wallet. XRP trades at $0.4802 (+1.39%). Futures OI up 4.31%, derivatives volume up 58.30%. #XRP #CryptoNews
Ripple Labs faces a lawsuit over CEO Brad Garlinghouse’s seven-year-old comment on being “very, very long XRP.” The case, unfolding in California, adds to Ripple’s ongoing legal woes despite a New York ruling favoring XRP. #Update #CryptoNews
District Judge Amy Berman Jackson dismissed the SEC’s claim on Binance’s $BNB secondary sales, aligning with Judge Torres’ ruling that $XRP secondary sales are not securities. This ruling is pivotal for crypto regulation, benefiting exchanges like @Coinbase and @krakenfx. #Update
Ripple Labs faces regulatory challenges in the U.S., with ongoing disputes with the SEC, contrasting positive European developments. CEO Brad Garlinghouse criticizes U.S. crypto laws for stifling innovation, while welcoming the EU’s MiCA for its clarity. #CryptoNews
Kaspa ($KAS) surges to $0.18, up 32% from its monthly low, while $BTC and $SOL decline. Marathon Digital starts mining Kaspa amid rising futures market interest. Hash rate hits 362.89 PH/s with mining difficulty at 357.36p. #Update
Top analysts predict a surge in $XRP to $2 despite a 1.17% dip. Experts like @CaptainFaibik and EGRAG Crypto highlight whale movements and technical indicators suggesting a bullish reversal. Current price: $0.4676, market cap: $26.04B. #Update
Ripple President Monica Long highlights the district court’s decision that $XRP is not a security, allowing @Ripple to expand its use cases. Ripple introduces RLUSD stablecoin and partners with Archax for asset tokenization. #CryptoNews
Whales moved 93M $XRP amid price volatility, with one dumping 32.08M on Bitstamp. Price up 0.11% to $0.4766, futures open interest up 0.73%, and derivatives volume up 52.08%. Increased investor interest signals potential. #Update #XRP
Institutional investors sold $BTC and $ETH worth $690M amid a market crash, with increased interest in $XRP and $SOL. The move signifies a shift towards altcoins as Bitcoin fell below $61K and Ethereum under $3.3K. #Update
