After remaining flat over the weekend and exhibiting little price action, Bitcoin and Ethereum are showing signs of life today as trading volume for both crypto assets rises significantly. Bitcoin is trading at $19k, up 1% in the past 24 hours, with a 24-hour trading...
Dave Ripley says he doesn't see a reason to register with the SEC as an exchange because Kraken does not offer securities to users.
The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC.
The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level.
The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security.