Judge rules Ripple’s XRP programmatic sales ‘not securities’; XRP up 28%
Judge rules Ripple’s XRP programmatic sales ‘not securities’; XRP up 28%Judge Analisa Torres has ruled that Ripple's Programmatic sales and XRP distributions did not constitute securities sales, though institutional sales could meet that definition.Happy Thursday!The global crypto market cap is $1.22 trillion, with a 24-hour volume of $37.61 billion. The price of Bitcoin is $30,846.00, and BTC market dominance is 49.0%. The price of Ethereum is $1,960.36, and ETH market dominance is 19.3%. The best-performing sector is Yield Farming, which gained 13%. The Crypto Fear & Greed Index is currently Greed (57). Top NewsJudge rules Ripple’s XRP programmatic sales ‘not securities’; XRP up 28%Judge Analisa Torres has ruled that Ripple's Programmatic sales and XRP distributions did not constitute securities sales, though institutional sales could meet that definition. IRS investigating American crypto exodus to Puerto RicoU.S. tax authorities are working to sort out those who are taking advantage of Puerto Rico's forgiving investment tax laws legally and those gaming the system in bad faith. Elon Musk formally enters the AI market with new company, xAIElon Musk has announced the core team and mission statement of his rumored AI company, which was incorporated earlier this year. Latest InsightsMore NewsPolygon Labs proposes replacing ‘MATIC’ token with upgraded ‘POL’ in ecosystem expansion planPolygon Labs predicts that POL's price during 10-year growth scenario will average $5. BlackRock’s Bitcoin ETF filing fuels U.S. accumulationBlackRock's Bitcoin ETF filing triggers a new wave of Bitcoin accumulation in the U.S, signaling a potential shift in market dynamics. BNB Beacon Chain to introduce two security updates in upcoming hard forkA June 19 upgrade will include on-chain asset reconciliation and add a bug fix. Coinbase challenges SEC’s attempt to dismiss defenses, asserts lack of regulatory authority over cryptoCoinbase's Paul Grewal tweeted that the exchange was ready to address the Court on July 13. Can Threads dethrone Crypto Twitter? New report suggests notA report by NFT Gators reveals a lack of Threads adoption by major crypto brands |
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