14 Jul: Multichain Cease Operations


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It's Frriiddaayyyy Folks! Yesterday, Ripple won it's case against the SEC and XRP is not a security. In addition, Alex Mashinsky goes to Jail and Celsius is fined (suspend) $4.7B; the price of Bitcoin is currently at $31,178.67. The fear and greed index popped to 60 and the best performing asset for the past 24 hours is $XRP up 68.84%; in position #4. Let's dive into the rest of the news...

BITCOIN

SEC acknowledges Bitwise's spot bitcoin ETF refiling. First spot bitcoin ETF application filed under new Australian regulations. 

Opinion: JPMorgan says upcoming Bitcoin halving could be a stress test for miners

Prediction: Billionaire Mike Novogratz predicts rate pause and hike could trigger Bitcoin breakout and induce a ‘nice leg up.’

ALTCOINS

Altcoin season’ anyone? Bitcoin dominance tumbles after XRP victory. XRP Trading Volumes Hit $2.5B on South Korean Exchange UpBit. XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge.

Question: Can XRP price hit $1? Watch these levels next.

Opinion: ADA, MATIC and ETH Are Not Securities, Suggests Analyst After Judge's Ruling.

EXCHANGES

Rival exchanges Kraken, Crypto.com, and Gemini join Coinbase in reopening XRP trading after court ruling.

LEGISLATION/REGULATION

Congressman Torres Calls for Investigation Into SEC Over its Approach to Crypto.

Ripple v. SEC case: The final update but SEC leaves door open for appeal in Ripple case. Ripple CTO warns against XRP scams amid SEC-induced hype. Coinbase, SEC Spar Over Definition of Securities, Nature of Staking in First Court Hearing.

Opinion: XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein. XRP ruling a ‘watershed moment,’ but we’re not out of the woods yet — Lawyers.

CEFI CRAP

Celsius ‘pleased’ with resolutions amid $4.7B FTC fine; Alex Mashinsky out on bail.

ATTACKS/HACKS/SCAMS

Crypto Bridging Protocol Multichain Ceases Operations; arrested founder and family held all the keys.

WATCH

LISTEN

Podcast of the Day:  Read_748 - Bitcoin & the Rise of the Cypherpunks [Lopp] | Bitcoin Audible

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TheCryptoCurator
TheCryptoCurator

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The Crypto Curator
The Crypto Curator

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