Last week was eventful for the cryptocurrency market, with total capitalization reaching about 1.14 billion USD. Bitcoin price has undergone major fluctuations, from $27,000 last week, rising to $28,500 at the beginning of the week, then falling again to $27,000. Currently, Bitcoin price is trying to surpass the $28,000 mark.
📈 However, this week's spotlight is on the lawsuit between Ripple and the US Securities and Exchange Commission (SEC). Judge Analisa Torres decided to dismiss the SEC's request for an interim appeal of a ruling she issued in July that determined that the sale of XRP was not an investment contract. This means that the court does not consider the sale of XRP to be securities. XRP price increased about 10% after this decision.
🔍 Some notable cryptocurrency news in the past week:
- Three important factors affecting Bitcoin price in Q4 2023.
- BTC exchange reserves fall to a 5-year low, showing that many investors are preparing for a bull market.
- Arthur Hayes, former CEO of BitMEX, predicts Bitcoin price will rise to $750,000 by 2026.
Market data:
Capitalization: 1.14 billion USD | 24H volume: 37 billion USD | BTC dominance rate: 47.9%
BTC: 27,990 USD (+4.1%) | ETH: 1,643 USD (-1.6%) | BNB: 212 USD (-1.5%)
📈 However, this week's spotlight is on the lawsuit between Ripple and the US Securities and Exchange Commission (SEC). Judge Analisa Torres decided to dismiss the SEC's request for an interim appeal of a ruling she issued in July that determined that the sale of XRP was not an investment contract. This means that the court does not consider the sale of XRP to be securities. XRP price increased about 10% after this decision.
🔍 Some notable cryptocurrency news in the past week:
- Three important factors affecting Bitcoin price in Q4 2023.
- BTC exchange reserves fall to a 5-year low, showing that many investors are preparing for a bull market.
- Arthur Hayes, former CEO of BitMEX, predicts Bitcoin price will rise to $750,000 by 2026.
Market data:
Capitalization: 1.14 billion USD | 24H volume: 37 billion USD | BTC dominance rate: 47.9%
BTC: 27,990 USD (+4.1%) | ETH: 1,643 USD (-1.6%) | BNB: 212 USD (-1.5%)