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Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory
Ripple's XRP was down 25% from its highest levels on Thursday.
The fight for regulatory clarity isn’t over yet, however, as the SEC will likely appeal the decision and continue to pursue similar cases in the future, analysts wrote.
The spike in trading activity came after a partial win in a lawsuit against the SEC.
The trading volume of XRP against the Korean won was the highest among all other counterparts .
Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak.
The latest price moves in crypto markets in context for July 14, 2023.
The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.
XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.
XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.
- 05:44Security Alert: Approximately $90,000 lost on Base chain due to "transferFrom" vulnerabilityAccording to a report by Jinse Finance, BlockSec Phalcon has issued a warning that its system has detected a "transferFrom" issue, resulting in a loss of approximately $90,000 on the Base chain. This problem is caused by insufficient access control, which allows arbitrary low-level calls in the callback function. It is recommended to immediately revoke all approvals for the unknown contract 0xD9f4a3238154ff6439e37F98c9B11489353715Bb.
- 04:30ECB Governing Council Member: ECB Interest Rate Cycle Nears Its EndJinse Finance reported that Martin Kocher, the new Governor of the Austrian Central Bank and a member of the European Central Bank's Governing Council, stated in an interview that if there are no major shocks, the European Central Bank can temporarily keep interest rates at 2%. "At present, this interest rate cycle has ended, or is very close to ending," Kocher said. This Thursday, the European Central Bank decided for the second consecutive meeting to keep interest rates unchanged at 2%. Kocher said that "if the data does not change significantly," the rationale for this month's decision will to some extent "continue to hold in the next few ECB meetings." When asked about his personal stance, Kocher said that he currently "tends to remain cautious in monetary policy" and advised against taking excessive risks on inflation issues.
- 04:14Data: The current Crypto Fear & Greed Index is 54, indicating a neutral state.ChainCatcher News, according to Coinglass data, the current Crypto Fear and Greed Index is 54, up 1 point from yesterday. The 7-day average is 51, and the 30-day average is also 51.