CryptoLegalNews
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"Six Decisive Legal Battles That Altered the Course of Digital Finance in 2024"
The coming year promises to be busy for the cryptocurrency industry on the legal front, with six court rulings expected.
Read more on: https://thecryptobasic.com/2023/12/20/six-important-court-decisions-regarding-crypto-in-2024/
#CryptoLegalBattle #CryptoLegalNews #CryptoWatchlist #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2023/12/20/six-important-court-decisions-regarding-crypto-in-2024/
#CryptoLegalBattle #CryptoLegalNews #CryptoWatchlist #CryptoNews🔒📰🚫
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Ripple's Stablecoin Is Getting Ready to Launch
According to Ripple CEO Brad Garlinghouse, the RLUSD stablecoin is already in beta testing and could launch in the coming weeks.
The asset will be deployed on the Ethereum network, as well as Ripple's own blockchain, the XRP Ledger (XRPL).
#ripple #CryptoLegalNews
$XRP
According to Ripple CEO Brad Garlinghouse, the RLUSD stablecoin is already in beta testing and could launch in the coming weeks.
The asset will be deployed on the Ethereum network, as well as Ripple's own blockchain, the XRP Ledger (XRPL).
#ripple #CryptoLegalNews
$XRP
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Smart contracts to appear in XRP Ledger
Ripple has announced the launch of smart contracts for developers on the XRP Ledger network. The new functionality will allow for innovation and expansion of the Ripple ecosystem.
The company also plans to add new cross-chain solutions for interaction with other blockchains, but the exact timing of such initiatives is still unknown.
#xrp #CryptoLegalNews
$XRP
Ripple has announced the launch of smart contracts for developers on the XRP Ledger network. The new functionality will allow for innovation and expansion of the Ripple ecosystem.
The company also plans to add new cross-chain solutions for interaction with other blockchains, but the exact timing of such initiatives is still unknown.
#xrp #CryptoLegalNews
$XRP
What will be the resolution of the SEC versus Ripple legal battle this month?
The cryptocurrency community is eagerly anticipating the resolution of the SEC versus Ripple legal battle this month.
$XRP , confirmed as not being classified as a security, awaits the final judgment in this ongoing legal saga.
Attorney Fred Rispoli has indicated that a conclusion to the case could come either on July 13 or July 31.
The dispute initially saw the SEC seeking a substantial $2 billion penalty and an injunction against XRP sales to institutional investors, while Ripple proposed a significantly lower $10 million penalty.
Speculation among XRP holders suggests optimism for a substantial price increase, potentially driving XRP to new highs. Analysts are eyeing a potential surge of up to 3853%, with projections aiming at a price target of $17.
Ripple's recent rejection of the SEC's offer to reduce the proposed penalty to $102.6 million adds complexity to the situation, highlighting the significant financial stakes involved. The company has already expended over $200 million on legal fees amidst ongoing market pressures where XRP's price continues to lag behind other major cryptocurrencies like Bitcoin and Ethereum.
Investor attention now turns to Judge Analisa Torres's impending decision, with potential implications that could set precedents for future regulatory actions against cryptocurrency firms. A favorable ruling could provide a positive catalyst for XRP's price, whereas an unfavorable outcome may prolong its subdued market performance.
Despite current uncertainties, XRP's price appears to be stabilizing around $0.45, with potential bullish signals suggesting a potential rise above $0.5 pending market sentiment and the legal outcome. However, the ultimate trajectory of XRP's price will ultimately depend on the judicial ruling.
Optimistic scenarios envision XRP revisiting previous highs near $3.40 and potentially surging even higher, possibly reaching double digits. Conversely, a negative legal outcome could keep XRP's price restrained in the near term.
The crypto community remains vigilant as developments unfold in this critical legal battle, poised to react to significant implications for XRP and the broader cryptocurrency market.
#XRP #SECvsRipple #CryptoLegalNews #Cryptocurrency #cryptomarketupdates
$XRP , confirmed as not being classified as a security, awaits the final judgment in this ongoing legal saga.
Attorney Fred Rispoli has indicated that a conclusion to the case could come either on July 13 or July 31.
The dispute initially saw the SEC seeking a substantial $2 billion penalty and an injunction against XRP sales to institutional investors, while Ripple proposed a significantly lower $10 million penalty.
Speculation among XRP holders suggests optimism for a substantial price increase, potentially driving XRP to new highs. Analysts are eyeing a potential surge of up to 3853%, with projections aiming at a price target of $17.
Ripple's recent rejection of the SEC's offer to reduce the proposed penalty to $102.6 million adds complexity to the situation, highlighting the significant financial stakes involved. The company has already expended over $200 million on legal fees amidst ongoing market pressures where XRP's price continues to lag behind other major cryptocurrencies like Bitcoin and Ethereum.
Investor attention now turns to Judge Analisa Torres's impending decision, with potential implications that could set precedents for future regulatory actions against cryptocurrency firms. A favorable ruling could provide a positive catalyst for XRP's price, whereas an unfavorable outcome may prolong its subdued market performance.
Despite current uncertainties, XRP's price appears to be stabilizing around $0.45, with potential bullish signals suggesting a potential rise above $0.5 pending market sentiment and the legal outcome. However, the ultimate trajectory of XRP's price will ultimately depend on the judicial ruling.
Optimistic scenarios envision XRP revisiting previous highs near $3.40 and potentially surging even higher, possibly reaching double digits. Conversely, a negative legal outcome could keep XRP's price restrained in the near term.
The crypto community remains vigilant as developments unfold in this critical legal battle, poised to react to significant implications for XRP and the broader cryptocurrency market.
#XRP #SECvsRipple #CryptoLegalNews #Cryptocurrency #cryptomarketupdates
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Cryptocurrency ETFs Dominate the Exchange-Traded Fund Sector
Cryptocurrency exchange-traded funds (ETFs) account for 13 of the top 25 ETF launches in 2024
According to Nate Geraci, president of The ETF Store, of the roughly 400 new ETFs launched year-to-date, the top four launches have been spot Bitcoin ETFs.
BlackRock’s iShares Bitcoin Trust (IBIT) topped the list with nearly $21 billion in inflows.
It was followed by Fidelity Wise Origin Bitcoin Fund (FBTC), with nearly $10 billion in net inflows, and the ARK 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF Trust (BITB), each with roughly $2 billion in inflows.
#ETH🔥🔥🔥🔥 #CryptoLegalNews $ETH $$DOGS
Cryptocurrency exchange-traded funds (ETFs) account for 13 of the top 25 ETF launches in 2024
According to Nate Geraci, president of The ETF Store, of the roughly 400 new ETFs launched year-to-date, the top four launches have been spot Bitcoin ETFs.
BlackRock’s iShares Bitcoin Trust (IBIT) topped the list with nearly $21 billion in inflows.
It was followed by Fidelity Wise Origin Bitcoin Fund (FBTC), with nearly $10 billion in net inflows, and the ARK 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF Trust (BITB), each with roughly $2 billion in inflows.
#ETH🔥🔥🔥🔥 #CryptoLegalNews $ETH $$DOGS
🚨 Legal Update: Do Kwon's Extradition Reversed!
🔥 Exciting news in the crypto world!
The Montenegrin Court of Appeals has overturned the decision to extradite Do Kwon, co-founder of #Terraform Labs, to both SouthKorea and the US!
Here's the scoop: The High Court initially gave the green light for extradition, responding to legal requests from both countries. ⚖️
But a successful appeal by Kwon's defense highlighted procedural flaws in the case handling.
Now, the case heads back to the Podgorica Basic Court for a retrial.
Stay tuned for updates! 📰
#CryptoLegalNews #TradeNTell #Write2Earn #DoKwon $SOL $LUNC $BTC
🔥 Exciting news in the crypto world!
The Montenegrin Court of Appeals has overturned the decision to extradite Do Kwon, co-founder of #Terraform Labs, to both SouthKorea and the US!
Here's the scoop: The High Court initially gave the green light for extradition, responding to legal requests from both countries. ⚖️
But a successful appeal by Kwon's defense highlighted procedural flaws in the case handling.
Now, the case heads back to the Podgorica Basic Court for a retrial.
Stay tuned for updates! 📰
#CryptoLegalNews #TradeNTell #Write2Earn #DoKwon $SOL $LUNC $BTC
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XRP is showing signs of recovery:
XRP recorded a daily gain of 1.48% and is currently trading at $0.5415. After a month of volatility, the MACD indicator is showing a potential bullish crossover with the RSI at 59.16, indicating potential upside. Key resistance levels are at $0.560 and the next target is $0.600. Investors are keeping a close eye on XRP, expecting an upward movement in the coming days.
#Xrp🔥🔥 #CryptoLegalNews
$XRP
XRP recorded a daily gain of 1.48% and is currently trading at $0.5415. After a month of volatility, the MACD indicator is showing a potential bullish crossover with the RSI at 59.16, indicating potential upside. Key resistance levels are at $0.560 and the next target is $0.600. Investors are keeping a close eye on XRP, expecting an upward movement in the coming days.
#Xrp🔥🔥 #CryptoLegalNews
$XRP
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Tron founder Justin Sun has been elected prime minister of the self-proclaimed microstate of Liberland.
Liberland is an unrecognized territory of six square kilometers located between Croatia and Serbia.
Liberland's national motto is "Live and Let Live" and its official currency is Bitcoin.
#TRON #ДжастинСан #CryptoLegalNews
$TRX
Liberland is an unrecognized territory of six square kilometers located between Croatia and Serbia.
Liberland's national motto is "Live and Let Live" and its official currency is Bitcoin.
#TRON #ДжастинСан #CryptoLegalNews
$TRX
Зapaбoтaвший нa NEIRO $2,25 млн тpeйдep пpoдoлжaeт xpaнить мoнeты
Aнoнимный тpeйдep, кoтopoму удaлocь зapaбoтaть нa инвecтицияx в First Neiro On Ethereum (NEIRO) $2,25 млн, пpoдoлжaeт xpaнить кpиптoвaлюту.
Пo дaнным плaтфopмы Spot On Chain, тopгoвeц цифpoвыми aктивaми, влaдeющий кoшeлькoм 0xc054427З679c75ce00d7bЗ14cef4dЗdf1e2f4ac5, coздaнным в ceти Ethereum, нaчaл пoкупaть NEIRO 16 ceнтябpя cpaзу пocлe тoгo, кaк кpиптoбиpжa Binance aнoнcиpoвaлa лиcтинг этoгo тoкeнa-мeмa. B oбщeй cлoжнocти oн пpиoбpёл З,З7 млpд NEIRO пo cpeднeму куpcу $0,0001, влoжив тaким oбpaзoм $ЗЗ7 000.
B eгo кpиптoкoшeлькe дo cиx пop xpaнятcя чуть бoльшe 2 млpд тoкeнoв, кoтopыe пpинecли eму нepeaлизoвaнную пpибыль вeличинoй $1,41 млн. Toт фaкт, чтo тopгoвeц мoнeтaми oткaзывaeтcя paccтaвaтьcя c First Neiro On Ethereum cвидeтeльcтвуeт o eгo увepeннocти в пpoдoлжeнии пaмпa куpca кpиптoвaлюты пocлe зaмeдлeния вocxoдящeгo движeния, пpoизoшeдшeгo в cpeду.
#Neiro #CryptoLegalNews
$NEIRO
Aнoнимный тpeйдep, кoтopoму удaлocь зapaбoтaть нa инвecтицияx в First Neiro On Ethereum (NEIRO) $2,25 млн, пpoдoлжaeт xpaнить кpиптoвaлюту.
Пo дaнным плaтфopмы Spot On Chain, тopгoвeц цифpoвыми aктивaми, влaдeющий кoшeлькoм 0xc054427З679c75ce00d7bЗ14cef4dЗdf1e2f4ac5, coздaнным в ceти Ethereum, нaчaл пoкупaть NEIRO 16 ceнтябpя cpaзу пocлe тoгo, кaк кpиптoбиpжa Binance aнoнcиpoвaлa лиcтинг этoгo тoкeнa-мeмa. B oбщeй cлoжнocти oн пpиoбpёл З,З7 млpд NEIRO пo cpeднeму куpcу $0,0001, влoжив тaким oбpaзoм $ЗЗ7 000.
B eгo кpиптoкoшeлькe дo cиx пop xpaнятcя чуть бoльшe 2 млpд тoкeнoв, кoтopыe пpинecли eму нepeaлизoвaнную пpибыль вeличинoй $1,41 млн. Toт фaкт, чтo тopгoвeц мoнeтaми oткaзывaeтcя paccтaвaтьcя c First Neiro On Ethereum cвидeтeльcтвуeт o eгo увepeннocти в пpoдoлжeнии пaмпa куpca кpиптoвaлюты пocлe зaмeдлeния вocxoдящeгo движeния, пpoизoшeдшeгo в cpeду.
#Neiro #CryptoLegalNews
$NEIRO
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US Lawyers Ask Biden to Help Free Binance Executive from Nigeria
A group of 18 lawyers have called on the US President to intervene and help free Binance CEO Tigran Gambaryan, who is being held illegally in Nigeria.
The lawyers expressed concern over Gambaryan’s deteriorating health and called on Biden to recognize him as a hostage under the Robert Levinson Hostage Return Act.
#Binance #MarketDownturn #CryptoLegalNews
$BNB
A group of 18 lawyers have called on the US President to intervene and help free Binance CEO Tigran Gambaryan, who is being held illegally in Nigeria.
The lawyers expressed concern over Gambaryan’s deteriorating health and called on Biden to recognize him as a hostage under the Robert Levinson Hostage Return Act.
#Binance #MarketDownturn #CryptoLegalNews
$BNB
Binance has publicly urged Zettai, the operator of crypto exchange WazirX, to compensate users affected by a recent hack that resulted in a $235 million loss. According to WazirX’s CEO in court, the stolen assets represent nearly half of the exchange’s total holdings.
Binance also accused Zettai’s leadership of misleading users about the nature of the companies’ relationship and shifting blame for the incident. The situation continues to unfold after the major breach at WazirX.
#wazirX #zettai #CryptoLegalNews
Binance also accused Zettai’s leadership of misleading users about the nature of the companies’ relationship and shifting blame for the incident. The situation continues to unfold after the major breach at WazirX.
#wazirX #zettai #CryptoLegalNews
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Released ex-CEO of Binance to invest in blockchain
Changpeng Zhao, the former head of the cryptocurrency exchange Binance, who was released on September 27, will continue to invest in the blockchain industry.
Changpeng Zhao said that he plans to:
Invest in projects based on blockchain and artificial intelligence technologies, as well as in biotech startups.
Pay more attention to charitable and educational programs.
Publish a book that is already two-thirds finished.
Changpeng is not going to return to the Binance staff and help them with their work, because, according to him, they are doing great without him. Instead, the businessman will spend more time developing his Giggle Academy project in the field of education, the activities of which are aimed at teaching children in a playful manner.
#binance #CryptoLegalNews $BNB $ETH $SOL
Changpeng Zhao, the former head of the cryptocurrency exchange Binance, who was released on September 27, will continue to invest in the blockchain industry.
Changpeng Zhao said that he plans to:
Invest in projects based on blockchain and artificial intelligence technologies, as well as in biotech startups.
Pay more attention to charitable and educational programs.
Publish a book that is already two-thirds finished.
Changpeng is not going to return to the Binance staff and help them with their work, because, according to him, they are doing great without him. Instead, the businessman will spend more time developing his Giggle Academy project in the field of education, the activities of which are aimed at teaching children in a playful manner.
#binance #CryptoLegalNews $BNB $ETH $SOL