The SEC had warned Bitnomial that offering XRP Futures could violate securities laws without additional compliance.

Approximately 7,000 ETH ($16.7 million) from the PlusToken Ponzi scheme has been moved, raising concerns about a potential sell-off of $1.3 billion in seized ETH that could significantly impact the Ethereum market.

Bitnomial Exchange, LLC has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners on October 10, contesting the SEC's claim that XRP is a security.

In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency's cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy.

Binance Coin was among the digital coins that remained elevated over the past seven days. Increased interest in yield farming within the Binance Smart Chain platform kept BNB afloat this week, especially after Binance announced the Scroll (SCR) project on its Launchpool.

On 9 October 2024, Stripe announced a new feature, Pay with Crypto, which allows U.S.-based businesses to accept stablecoin payments that automatically settle as fiat in their Stripe balance.

XRP faces key resistance at $0.56, but will bulls spark a recovery now?

Bitnomial, a digital asset derivatives exchange, has filed a lawsuit against the US SEC over its attempt to assert jurisdiction over the planned XRP Futures contract. It claims that this product is regulated by the CFTC and not the SEC.

The official account of Dogecoin on X has published a post with a screenshot of what Elon Musk's new product – Robotaxi – is going to look like from inside marked with a “Tesla-live” signature. This came from a presentation of Tesla's new product – a driverless taxi.

In the latest update in the Ripple vs SEC lawsuit, the company is about to file a cross-appeal much before the SEC's filing an appeal in the last week. The Ripple CLO ensure that with this move, nothing should be left on the table.

In the lawsuit, Bitnomial has challenged the SEC's assertion that XRP futures contracts fall under its jurisdiction as “security futures”.

XRP whales nabbed significant investor attention on Friday, moving millions of coins after Ripple filed a cross-appeal against the U.S. SEC in the XRP lawsuit. Recent on-chain data suggests that nearly 81 million coins were sent to crypto exchanges over the past day, raising market concerns despite the recent filing that supports the American blockchain

Spot Bitcoin exchange-traded funds in the U.S. witnessed their third consecutive day of outflows on Oct. 10, while spot Ethereum ETFs posted a modest but positive turnaround after a day of inactivity.

Despite the BTC price witnessing a momentary drop to under $59k last night, Ethereum recorded a 0.66% rise, leading to an intraday doji candle. The ETH price is currently trading at $2381, with a minor intraday pullback of 0.14%.

Ripple's Chief Legal Officer recently announced that the company has filed a cross-appeal, aiming to close any remaining issues.

Binance Coin (BNB) shows signs of a significant price rebound. After a notable 6.26% gain over the past week, BNB is on track to approach the crucial $600 mark, prompting speculation about the possibility of reaching a new all-time high (ATH) of $747 by the end of 2024.

Among the novelties, there is the integration of XRPL for the tokenization of RWA.

The new memecoin launchpad on BNB Chain, GraFun, announced that projects launching on its platform can automatically graduate to PancakeSwap V3 after reaching 31 BNB.

The GraFun is backed by leading crypto investors, developers, and an online community focused on democratizing meme coins on the BNB Chain.

Here's the latest update on the Ripple v. SEC front.

Crypto markets will witness $1.61 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly after Bitcoin briefly broke below $60,000.

Ripple announced several updates to its Ripple Custody platform on 10 October 2024, aimed at enhancing the infrastructure used by fintechs and crypto businesses to manage digital assets.

BNB price has faced significant challenges in recent weeks, with repeated failed attempts to breach the key resistance levels of $606 and $618. For more than two months, the altcoin has struggled to break through these barriers.

The SEC said that XRP is a financial security and requested Bitnomial to register as a national securities exchange, according to the filing.

On 10 October 2024, Bitnomial Exchange LLC filed a complaint in the United States District Court for the Northern District of Illinois, seeking declaratory and injunctive relief against the U.S. Securities and Exchange Commission (SEC).

Crypto derivatives platform Bitnomial has sued the United States Securities and Exchange Commission over its claim that XRP futures are securities and subject to the agency's jurisdiction. In an Oct.

Bitnomial, a digital asset exchange, is pushing back against the SEC. The SEC says that XRP futures should be treated as securities. Bitnomial disagrees. This legal fight could have big consequences for crypto trading in the U.S. Let's break it down.

According to Bitnominal, a CFTC-regulated digital asset derivatives exchange, the U.S. Securities and Exchange Commission continues to believe that the XRP token is a security.

Brad Garlinghouse, Ripple CEO, accused the US Securities and Exchange Commission (SEC) of disregarding the rule of law following their ongoing legal battles. He criticized SEC Chair Gensler for “creating havoc” and stifling US innovation.

Ethereum, XRP, and Solana show downside risks in the short term, with Ethereum and Solana forming bearish patterns and XRP targeting a 13% drop, according to technical analysis following the latest U.S. inflation report.

In the ongoing legal battle, Ripple filed a “cross-appeal” on October 10, 2024, following the United States Securities and Exchange Commission's (SEC) recent appeal earlier this month. With this cross-appeal, both Ripple's and SEC's appeals will now be handled together in one case.

A significant portion of the massive cryptocurrency haul seized from the PlusToken Ponzi scheme is reportedly being sold off, with OXT Research analyst ErgoBTC revealing that 7,000 Ether worth $16.7 million was recently moved to exchanges, potentially signaling the liquidation of the entire $1.3 billion in ETH seized from the scheme.

XRP price is moving higher from the $0.5220 support. The price could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels.

Chicago-based digital asset derivatives exchange Bitnomial has initiated legal action against the U.S. Securities and Exchange Commission (SEC), challenging the agency's claim that XRP futures fall under the category of “security futures.”

Online reports revealed that the Chinese Government has started to move thousands of Ether (ETH) seized from a $4 billion crypto Ponzi scheme. As a result, Ethereum investors have recently shared their concerns about the possibility of a massive sell-off.

Ethereum price extended losses and tested the $2,320 support. ETH is now correcting losses and might aim for a fresh increase above the $2,420 resistance.

The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it's a security, Bitnomial said in a lawsuit.

The lawsuit could set a precedent for how crypto derivatives are regulated, potentially reshaping the SEC's authority over digital assets. The post Bitnomial files lawsuit against SEC, challenges its claim that XRP futures are securities appeared first on Crypto Briefing.

‘Uptober' remained elusive as leading cryptocurrencies stagnated after hotter-than-expected inflation data poured cold water on expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.

These deposits have triggered a surge in Ethereum exchange reserves to a three-week high.

Ethereum investors, on-chain data reveals that large holders, commonly referred to as “whales,” have been persistently selling their ETH over the past six months. This ongoing distribution raises significant concerns about the future price trajectory of the cryptocurrency.

Bitnomial, a cryptocurrency derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over the regulatory authority concerning XRP futures contracts. The lawsuit disputes the SEC's claim that XRP futures are “security futures,” which would place them under the agency's jurisdiction.

BNB Chain will be a highlight at Binance Blockchain Week Dubai 2024, focusing on accelerating early-stage blockchain projects through the BNB Incubation Alliance.

Ripple announced on October 10 that it would file a cross-appeal with the U.S. Court of Appeals for the U.S. SEC vs. Ripple lawsuit.

The SEC contacted the exchange to express that it would be violating federal securities laws if it proceeded with the XRP futures listing.

A range of new features for Ripple Custody are now available for institutional clients to cater to the demand for robust and secure custodial solutions.

Today, Ripple Labs filed a notice of cross-appeal, indicating its readiness for the next step in the case brought by the US securities regulator almost four years ago.