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Important Ripple v SEC Developments, Bitcoin (BTC) Price Swings, and More: Bits Recap June 17

TL;DR Bitcoin’s price has been on a downtrend lately, but indicators like negative exchange netflow and a declining MVRV ratio suggest a potential bullish reversal. The SEC reduced its penalty…

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Ripple (XRP) v. SEC Lawsuit Update June 14th: Company Lawyer Says $10 Million Fine is Appropriate

TL;DR Ripple contends that the SEC’s proposed $2 billion penalty is excessive, suggesting a fine of no more than $10 million. The company’s CEO anticipates a resolution by summer 2024,…

Continue ReadingRipple (XRP) v. SEC Lawsuit Update June 14th: Company Lawyer Says $10 Million Fine is Appropriate

Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger

Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024.…

Continue ReadingRipple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger