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news-imageOctober 19, 2024

Crypto Weekly Roundup (19th Oct 2024): XRP SEC Appeal, Tesla's Bitcoin Move, and More

Cryptocurrency Market Overview: The global cryptocurrency market saw a modest rise this week, with the total market cap increasing by 0.64% to $2.34 trillion. Despite this growth, 24-hour trading volume dropped by a significant 16.82%.
Publisher: CoinPedia
Sentiment: Neutral
BTC
XRP

More News Articles

Positive
cover-imageThe Currency Analytics
October 19, 2024

SEC's Latest Move Brings Positive News for XRP Holders Amid Legal Battles

XRP holders have received a wave of positive news after the U.S. Securities and Exchange Commission (SEC) revealed its decision not to challenge XRP's legal status as part of its ongoing appeal in the Ripple case. This move signals a small victory for Ripple and its supporters, as the cryptocurrency's classification as “not a security” remains intact.

Positive
cover-imageCoinPedia
October 19, 2024

Bitcoin Price Analysis: Can BTC Maintain Its Surge Above $68,000?

Bitcoin is showing strong signs of bullish momentum with its price hovering above $68,000. Key technical indicators, chart patterns, price action, whale activity, and Bitcoin ETF inflows are pointing toward an upward rally. With only a few days until the election, all eyes are on how Bitcoin will react.

Negative
cover-imageCoingape
October 19, 2024

Ripple vs SEC Battle: What Could XRP Lose or Gain?

Ripple vs SEC battle extends to the end of 2025 as the US Securities and Exchange Commission (SEC) decides to appeal district court rulings. Ripple plans to cross-appeal the arguments by the regulatory agency as it continues to threaten the crypto industry with regulation by enforcement approach.

Positive
cover-imageCryptopolitan
October 19, 2024

Bitcoin ETFs could overtake gold ETFs in 2 years, analyst says

ETF Institute co-founder Nate Geraci believes that spot Bitcoin exchange-traded funds (ETFs) could surpass Gold ETFs in the next two years if the current trajectory continues. In an opinion shared on X, Geraci noted that Gold ETFs were launched in 2004, which means they have a 20-year headstart on Bitcoin ETFs.

Positive
cover-imageThe Currency Analytics
October 19, 2024

Bitcoin Set for New Highs: Is $74K the Next Target

Bitcoin's price has officially broken through key resistance levels, signaling a strong bullish trend that could propel it toward new all-time highs. According to Josh, a seasoned analyst from Crypto World, Bitcoin has been moving through a series of lower highs and lows, but recent movements suggest that the market has shifted gears, laying the groundwork for a major rally.

Neutral
cover-imageCoinPedia
October 19, 2024

Ripple Set To File Form C Next Week; What's Next For SEC?

The SEC recently filed its Form C, appealing a court ruling regarding Ripple's XRP sales. The appeal focuses on three key points: the sale of XRP through exchanges, Ripple's distribution of XRP to employees, and the sales made by executives Brad Garlinghouse and Chris Larsen.

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