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XRP Bounces Back: Ripple Rides the Wave of Victory, Surpasses BNB
How Ripple's Legal Triumph and XRP's Meteoric Rise are Shaking Up the Digital Currency Landscape
Welcome to Daily Digest, where we surface trending news in crypto-based on conversations we found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Here are the trending news items over the last 24 hours. If you’d like to see it’s realtime updated version, head over to our website here
Ripple wins case against SEC as judge rules XRP is not a security
Ripple Labs has won a case against the Securities and Exchange Commission (SEC) as a judge ruled that XRP is not a security. The case, which has been ongoing since December 2020, sought to compel Ripple to stop offering its XRP token under the premise that it was a security. The judge's ruling in favor of Ripple has caused the price of XRP to surge by over 25%. The crypto community is celebrating the victory.
XRP May Win Gemini Exchange Listing After Court Ruling in SEC Case
Following the court's ruling in favor of Ripple, Gemini exchange is considering listing Ripple's XRP token. The XRP token saw a significant surge of over 60% following the court's decision.
Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts
Ripple's XRP token has surged 28% after a New York court ruled that the sale of XRP tokens on exchanges does not constitute investment contracts. This ruling has caused XRP's price to reach its highest level since May 2022.
XRP Pushes Past BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
XRP has surpassed BNB to become the fourth-largest cryptocurrency by market cap. This surge in market value is attributed to Ripple Lab's partial victory in a legal battle with the SEC over the sale of XRP.
Coinbase’s Base launches mainnet for developers, plans public rollout in August
Coinbase's Base has launched its mainnet for developers and plans to roll out to the public in August. Base is a Layer 2 network built on Optimism's software stack and aims to facilitate faster and cheaper transactions while maintaining the security of the Ethereum mainnet.
Europe’s first spot bitcoin ETF to launch this month
Europe's first spot bitcoin ETF is set to launch later this month on Euronext Amsterdam. The ETF, listed as BCOIN, was delayed in 2022 due to the collapse of Terra Luna and FTX. However, Jacobi Asset Management, the firm behind the ETF, stated that demand has shifted and they are now on track for a July launch.
Stay tuned for more updates tomorrow!