CryptoX – Cryptocurrency Analysis and News Portal U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts. Source The post XRP May Win Gemini Exchange Listing After Court Ruling in SEC Case appeared first on CryptoX. CryptoX Portal
U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts. Source
Since the creation of index funds, allocating between active and passive management remains the subject of great debate among investors. Over time, the boundary lines between active and passive investment vehicles for traditional asset classes have become better defined, benefiting from decades of analysis and product development. Unfortunately, the same cannot yet be said for crypto investment products. Source
Argentina welcomed its first Bitcoin futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda. According to Matba Rofex, the trading platform behind the investment vehicle, it is the first Bitcoin (BTC) futures contract in Latin America. In a futures contract, buyers bet on the future price of a commodity or other asset, such as Bitcoin. Under the contract, buyers and sellers are obligated to purchase and sell the asset at a predetermined future date. Argentina’s securities regulator, the…
CryptoX – Cryptocurrency Analysis and News Portal XRP climbed as high as 64 cents at one point, its highest level since May. Source The post Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts appeared first on CryptoX. CryptoX Portal
The largest stablecoins have all endured periods of turmoil in the last few months. In February, New York state regulators ordered Paxos to halt minting Binance USD (BUSD), the third largest stablecoin at the time. Next month, the collapse of Silicon Valley Bank (SVB) temporarily froze a sizable portion of USDC’s cash reserves, which affected Maker’s DAI stablecoin. Last month, USDT endured sell pressure in a key stablecoin liquidity pool, spooking traders, and TUSD weathered the implosion of its custodial partner. Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jacobi Asset Management, a London-based asset investment platform, is ready to launch Europe’s first bitcoin exchange-traded fund (ETF) after a year of delays. The bitcoin ETF was originally announced to list on Euronext Amsterdam in July 2022 but was postponed due to the timing not being right in the market. Bitcoin ETF back on track in Europe The bitcoin ETF was initially approved by the Guernsey Financial Services Commission (GFSC) to launch in October 2021, granting…
XRP climbed as high as 64 cents at one point, its highest level since May. Source
While 19.3% answered Armstrong’s query “no,” a whopping 9%, which would translate into roughly 1,200 people given there were 13,746 respondents to the question as of press time, said “yes.” The rest didn’t participate in the poll but were solely interested in seeing the results. Source
Alex Mashinsky, the former CEO of Celsius Network, a bankrupt crypto lender, has been arrested in New York, reports on July 13 show. The arrest follows an investigation into the collapse of the crypto firm in Q3 2022. Mashinsky will be arraigned on Friday, July 14. However, people aware of the arrest reveal that the former CEO has denied any wrongdoing. Following the arrest, the United States Securities and Exchange Commission (SEC) is also suing Celsius and the former CEO for allegedly providing false information to creditors and information and…