Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval
Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.
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XRP
Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.
A sharp mid-afternoon selloff upended what had been a quiet Tuesday in cryptocurrencies.
Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the “digital asset” category, which some say bodes ill for DeFi.
(Colin Lloyd/Unsplash)
A long-awaited district judge’s ruling that some XRP token sales were not investment contracts will likely eventually lead to a bipartisan regulatory framework that is more favorable to the pro-crypto crowd in Congress, writes John Rizzo.
Ripple’s XRP was down 25% from its highest levels on Thursday.
(Nayani Teixeira/Unsplash, modified by CoinDesk)
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.