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XRP Touches Five-Month High, Bucking Market-Wide Decline

XRP tokens surged to a five-month high in the past 24 hours to buck a market-wide decline following a U.S. Commodity Futures Trading Commission (CFTC) filing against Binance. However, a part of the bullish outlook came as some in the community said the classification of major tokens as a commodity in the CFTC filing against Binance could mean XRP tokens were, too, commodities instead of a security, as alleged by the SEC in the ongoing Ripple v. SEC case. DFD Partners President Bilal Little shares his analysis.

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Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop

Bankrupt crypto lender Celsius Network secured approval to process certain customer withdrawals, several court orders filed on Tuesday show. The U.S. bankruptcy court also authorized eligible XRP holders to receive Flare tokens due under a prior agreement.

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Crypto Market Very Top-Down Oriented Right Now: Analyst

Fairlead Strategies Founder and Managing Partner Katie Stockton dives into the weekly XRP chart and explains why the market is very top-down oriented at the moment. Plus, her predictions on the initial support level for bitcoin (BTC) at $15,600.

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SEC Doesn't Have the Power to Remake the Law, Only Congress Can Do That: Ripple General Counsel

Ripple General Counsel Stu Alderoty speaks to the hosts of "First Mover" about the latest in the SEC's ongoing case against Ripple Labs. Alderoty said the SEC is "seeking to remake the law, and they don't have the power to remake the law. Only Congress can remake the law."

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Ripple’s General Counsel on the Latest Developments in Legal Saga With the SEC

Ripple General Counsel Stu Alderoty speaks to the hosts of “First Mover” about the latest in the SEC’s ongoing case against Ripple Labs. After two years of litigation, both sides have filed motions saying the federal judge has enough information to make a ruling without taking the case to trial.

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SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws

The U.S. Securities and Exchange Commission (SEC) and Ripple Labs each want a federal judge to rule either that the crypto company affiliated with the XRP cryptocurrency violated federal securities laws or otherwise dismiss the lawsuit without requiring a lengthy trial. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

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Confusion From US Regulators; Markets Hit by ‘Vibe-Flation’

U.S. regulators keeping crypto sector on its toes. Bitcoin, Ether decline; memecoins fall back, XRP holds gains. Genesis reshuffles leadership and cuts jobs. Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen.

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BTC and ETH Drop More Than 30% Over the Past Year

Returns over the past year for 14 out of all CoinDesk top 20 assets, the top 20 digital assets based on verifiable dollar volume and exchange listings, illustrate a sea of red. ETH and BTC show more than 30% price declines.

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XRP Rises as Ripple Announces $200M Share Buyback

Blockchain payments company Ripple has announced it bought back $200 million worth of its Series C shares initially issued in December 2019, bringing the firm's total valuation to $15 billion. The native XRP cryptocurrency climbed 3.8% on the news Wednesday morning. "The Hash" discusses the latest in the world of Ripple amid an ongoing regulatory battle with the SEC.

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