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Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections

The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a…

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Important Ripple v SEC Lawsuit Updates, Bearish Shiba Inu (SHIB) Outlook, and More: Bits Recap August 19

TL;DR Ripple was fined $125 million for violating certain securities laws, and while the company sees it as a victory, the SEC might appeal. SHIB’s valuation has dropped over 25%,…

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Better Markets CEO Says SEC Has 90% Chance of Winning in Ripple Appeal — Criticizes Judge’s XRP Ruling

Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an appeal in the Ripple lawsuit over XRP. He criticized…

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Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review

Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin…

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Important Ripple (XRP) Clarification by CTO: Here’s What You Need to Know

Ripple’s Chief Technology Officer, David Schwartz, will be attending the Permissionless conference later in October in Salt Lake City. Interestingly enough, when he tweeted about his appearance and participation, this…

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Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate

Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does appeal the final ruling in the Ripple lawsuit over XRP. He questioned…

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