[BeyondCC Daily Update] - 23 December 2020

An SEC Victory in Ripple Case Would Render XRP ‘Untradeable,’ Market Pros Say

The market for XRP could quickly dry up, causing prices to suffer, if the U.S. Securities and Exchange Commission (SEC) ultimately prevails in an expected lawsuit against Ripple Inc., analysts and traders said.

FTX Coinbase Futures Soar 140% in First Hour of Trading

Cryptocurrency traders showed their excitement for FTX’s pre-IPO Coinbase (CBSE) futures Tuesday morning by pushing the price above $295, a roughly 140% increase from the listing price of $125.

SEC Sues Ripple Over 7-Year, $1.3B ‘Ongoing’ XRP Sale

The U.S. Securities and Exchange Commission (SEC) believes Ripple Labs violated federal securities laws in selling the XRP cryptocurrency to retail consumers.

                                                                                                                                                Back to Hub