SEC v Ripple: Outcome Could Change Crypto’s Future in US

• The U.S. Securities and Exchange Commission has an ongoing lawsuit against Ripple Labs, the company behind the cryptocurrency XRP.
• The SEC claims that Ripple Labs raised billions of dollars through an unregistered securities offering and that XRP is a security.
• Even banks are now paying close attention to this litigation, with IG Bank writing a piece about the Ripple v. SEC lawsuit late last week.

The outcome of the current lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs could have serious implications for the cryptocurrency space in the United States. Ripple Labs, the company behind the cryptocurrency XRP, is accused by the SEC of raising billions of dollars through an unregistered securities offering and of XRP being a security. The case is being fought in court by Ripple Labs, which has denied the accusations.

The lawsuit has been of great interest to the cryptocurrency sector as a whole, and now even banks are paying close attention to it. London-based IG Bank recently wrote a piece about the Ripple v. SEC lawsuit, noting that “A positive outcome for Ripple could see XRP soar, but with the case in the balance, there’s a risk that the SEC could win a decisive victory.” The bank further noted that an “SEC victory could severely limit the ability of crypto companies to grow.”

The lawsuit is of great importance for the future of cryptocurrency in the United States. If Ripple Labs is successful in its defense, it could open the door for other cryptocurrencies to be seen as a valid asset class, and could pave the way for more innovative projects in the crypto space. On the other hand, if the SEC is victorious, it could have serious repercussions for the future of cryptocurrency in the US.

It remains to be seen how the lawsuit will play out and what the final verdict will be. However, it is clear that the outcome of the case between Ripple Labs and the SEC will be a game-changer for the future of cryptocurrency in the US. Depending on the outcome, it could be a huge victory for the crypto space or a major setback.

Diversify Your Portfolio with U.S. Money Reserve’s Precious Metals

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• U.S. Money Reserve has served over 650,000 clients from around the globe and has shipped over $2.3 billion in precious metals.
• U.S. Money Reserve offers a free resource library, one-on-one support from dedicated Account Executives, and the latest market news.

For over 20 years, U.S. Money Reserve has been the trusted authority in the precious metals industry, providing Americans with the opportunity to diversify their portfolios with tangible assets. As the economy fluctuates and uncertainty looms, many are turning to U.S. Money Reserve to convert a portion of their savings into tangible assets such as gold, silver, platinum, and palladium. Precious metals have long acted as a hedge against traditional assets and a secure form of wealth in times of crisis, and U.S. Money Reserve simplifies the process of diversifying with these valuable resources.

U.S. Money Reserve offers a wide variety of products that are government-issued and official legal tender. This ensures that customers are investing in the highest quality products that are guaranteed to retain their value over time. U.S. Money Reserve has served over 650,000 clients from around the globe and has shipped over $2.3 billion in precious metals.

In addition to offering the highest quality products, U.S. Money Reserve also provides its customers with a wealth of information and resources. They have an expansive free resource library filled with educational videos, reports, and articles to help customers make informed decisions when purchasing precious metals. Customers also have access to one-on-one support from dedicated Account Executives who are available to answer questions and provide advice. Finally, U.S. Money Reserve also provides customers with the latest market news and updates to ensure that they remain up to date on the ever-changing precious metals market.

U.S. Money Reserve is committed to providing its customers with the highest quality products and services. With the help of their expansive library, dedicated Account Executives, and the latest market news, U.S. Money Reserve makes it easy for customers to make well-informed decisions when it comes to diversifying with precious metals.

Crypto Market Fluctuates: Orbeon Protocol, Ripple and Flow See Big Gains

• Orbeon Protocol (ORBN) recently sold 60 million tokens and is set to surge by over 6000% once it hits exchanges.
• Ripple (XRP) was created to revolutionize the cross-border payments industry and has seen significant price fluctuations recently.
• Flow (FLOW) is a decentralized platform for developers to create and host their own blockchain applications and has seen an increase in value.

The cryptocurrency market is an ever-changing landscape, with tokens of all sizes gaining and dropping in value. This past month saw some significant changes, with Orbeon Protocol (ORBN) up by over 987%, while two other major digital currencies — Ripple (XRP) and Flow (FLOW) — experienced significant price fluctuations. Let’s investigate further.

Orbeon Protocol (ORBN) is a blockchain-based protocol that is revolutionizing the world of crowdfunding. Its utilization of equity-based NFTs allows everyday investors to buy into startups for as little as $1, providing a more equitable way of investing. The ORBN token can be used to pay for transactions within the network and grants holders various bonuses such as staking rewards, governance rights, priority access to new crowdfunding rounds, and more. With its presale selling 60 million tokens in just a few weeks and its value increasing by over 9000%, it’s no surprise that ORBN is set to surge even further once it hits exchanges.

Ripple (XRP) is a cryptocurrency created to tackle the inefficiencies of traditional financial institutions and revolutionize the cross-border payments industry. This digital currency has seen significant price fluctuations recently, with its value rising and falling in response to recent news and regulatory changes. However, many investors still believe in the future of Ripple (XRP) and its potential to become a global payment solution.

Finally, Flow (FLOW) is a decentralized platform for developers to create and host their own blockchain applications. This platform has seen an increase in value as more developers flock to it to build their applications, due to its ability to scale quickly and its low gas fees. Flow (FLOW) is also backed by some major players in the industry, including Andreessen Horowitz and Union Square Ventures, which has further boosted its credibility.

Overall, the cryptocurrency market is a volatile one, with tokens of all sizes gaining and dropping in value. This past month saw Orbeon Protocol (ORBN) up by over 987%, while two other major digital currencies — Ripple (XRP) and Flow (FLOW) — experienced significant price fluctuations. While the future of the cryptocurrency market is uncertain, it is clear that we are entering a new era of digital currencies and blockchain-based protocols that are revolutionizing the way we invest and transact.

Pudgy Penguins Launch Soulbound Token Auctions with Sotheby’s!

• Pudgy Penguins has deployed the use of Soulbound Tokens, a publicly verifiable and non-transferable NFT, with Sotheby’s.
• Soulbound Tokens extend the world of possibilities created by NFTs by offering something that can be uniquely tied to an address.
• Pudgy Penguins have made headlines, generating over 60,000 ETH in transaction volume and witnessing individual sales as large as 400 ETH.

The latest trend in the crypto arena, Soulbound Tokens (SBTs), have been gaining a lot of traction due to the many benefits they offer. SBTs are publicly verifiable and non-transferable NFTs and represent an individual’s credentials, affiliations, and commitments, meaning no one can falsify SBTs, and they also restrict Web3 projects from becoming cash bags. Top NFT collection Pudgy Penguins has been at the forefront of SBT implementations and exploration, being one of the first projects to have a real use case for SBTs.

Pudgy Penguins have created a lot of buzz, generating over 60,000 ETH in transaction volume and witnessing individual sales as large as 400 ETH. This year, Pudgy Penguins have gone all out, launching their first SBT, reaching 250k+ on Instagram, announcing their toyline, garnering over 1 billion views on GIPHY and more. Recently, Pudgy Penguins announced their auction at Sotheby’s, one of the world’s oldest and most recognized auction houses. The auction includes a unique SBT that comes with an ironclad authentication certificate, recorded in the NFT’s metadata with ownership and a unique identifier.

Pudgy Penguins‘ SBT is a revolutionary use case for SBTs. As with all NFTs, the SBT can be stored in a digital wallet, making it easy to access and manage. The SBT is also backed by a smart contract, so the owner can be sure that the SBT will remain secure and non-transferable. The SBT also has a built-in feature that allows the owner to view the transaction history of the SBT and its current owner.

Pudgy Penguins‘ use of SBTs is an exciting development that could have a lasting impact on the world of NFTs. With the help of Sotheby’s, the team at Pudgy Penguins is able to provide a secure, unique, and verifiable token that will allow users to purchase and store NFTs safely and securely. With the implementation of SBTs, the world of NFTs is poised to become even more secure and reliable.

Venter på neste trekk: Bitcoin gjenoppretter etter $ 2000-krasj (Market Watch)

De fleste kryptovalutaaktiva har gjenopprettet noen av tapene som ble kartlagt i går. Bitcoin er over $ 18.000, mens Ethereum hoppet tilbake til $ 560.

Etter det bratte prisfallet på nesten $ 2000, spratt bitcoin av $ 17,600-bunnen og har steget over $ 18,000 igjen. De fleste alternative mynter har også gjenopprettet noen av tapene, og markedsverdien har lagt til rundt 20 milliarder dollar siden i går.

Bitcoin gjenvinner $ 18.000
Etter at den relativt rolige helgen bitcoin hadde der den dablet med prislappen på $ 19.000, opplevde kryptovalutaen et betydelig fall i går. BTC gikk fra det høyeste på $ 19,300 til $ 18,000 før de fortsatte sørover til den intradagbunnen på rundt $ 17.600.

Dette ble bitcoins laveste pris registrert i desember. Likevel tok oksene kontrollen på det tidspunktet og tillot ikke ytterligere avslag. I løpet av de neste timene ble den primære kryptovalutaen belastet $ 18,600 før den gikk litt tilbake til ca $ 18,350.

Fra et teknisk synspunkt ligger Cryptosoft BTCs viktigste støttenivåer på $ 18 000, $ 17 560 og $ 17 250. Alternativt må den digitale eiendelen overvinne motstandslinjene $ 18.500 og $ 18.700 hvis det skal utfordre $ 19.000 igjen.

I følge analyseselskapet Santiment kom BTCs „solide rebound“ da markedsverdi versus realisert cap (MVRV) beregnet som underkjøpt.

Et pust av frisk luft for Altcoins

Som det vanligvis skjer når høy volatilitet kommer inn i kryptovalutamarkedet, led de alternative myntene mest. Ethereum gikk fra $ 580 til $ 530 i løpet av få timer, mens Ripple stupte fra $ 0,60 til $ 0,50.

Etter å ha hoppet av bunnen, gikk begge eiendelene til de opprinnelige prislappene, men har falt noe siden den gang til henholdsvis $ 565 og $ 0,57.

Likevel er de fleste alternative mynter litt i det grønne på en 24-timers skala. Bitcoin Cash (1%) er tilbake over $ 265, Binance Coin (1%) er nær $ 28, Chainlink (2,5%) er nord for $ 12, og Polkadot (1%) har nærmet seg $ 4,8. Cardano har fått mest siden i går (7%) og handler til $ 0,146.

Stellar er den viktigste vinneren av de 100 beste myntene. XLM har steget med 15% og ligger på $ 0,17. NEM følger med en økning på 11% og en prislapp på $ 0,22.

Kusama (7%), NEAR Protocol (6%), Ethereum Classic (5%) og Status (5%) er neste.

Samlet sett har den kumulative markedsverdien av alle kryptovalutaaktiva lagt til nesten 20 milliarder dollar fra gårsdagens bunn på 528 milliarder dollar.