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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.
Several Layer 1 tokens are soaring as SEC cases are called into question after a favorable XRP ruling.
- 07:56Currently, the funds held by Solana (SOL)-related treasuries exceed $820 millions.According to a report by Jinse Finance, a chart released by Sentora (previously IntoTheBlock) shows that the current treasury holdings related to Solana (SOL) exceed $820 million. In comparison, the treasury holdings related to Ethereum (ETH) were at a similar level in April this year, but have since grown to nearly $20 billion.
- 07:42Bitlayer has opened BTR airdrop eligibility check, and the airdrop claim will be available at 18:00.On August 27, Bitlayer announced that the BTR airdrop will go live today. The airdrop eligibility check has been open since 14:00 (UTC+8), and the airdrop claim website will be available at 18:00 (UTC+8).
- 07:371,500 bitcoins transferred from an unknown wallet to a new unknown walletAccording to Jinse Finance, Whale Alert monitoring shows that at 15:09 (UTC+8), 1,500 bitcoin (worth $166.592521 millions) were transferred from an unknown wallet to a new unknown wallet.