Cointime

Cointime

Download App
iOS & Android
Home / Point

Former US SEC Chairman Jay Clayton publicly criticized the court's ruling in favor of Ripple

Former SEC Chairman Jay Clayton publicly criticized the favorable ruling for Ripple made by the court. XRP lawyer John Deaton refuted this criticism and emphasized the differences between the Ripple case and the SEC's lawsuits against cryptocurrency projects Terraform Labs and LBRY. In both of these cases, the court ruled against the SEC, but these rulings were based on motions to dismiss and did not involve providing complete evidence. The SEC's attempt to compare the cases seems to have failed.

Ripple
Comments

All Comments

Recommended for you

  • Elon Musk appointed by Trump to lead advisory board on government efficiency and restructuring

    President-elect Donald Trump has appointed Elon Musk and Ramaswamy to lead an advisory board called the "Department of Government Efficiency." The board aims to reduce government bureaucracy, cut wasteful spending, and restructure federal agencies. Rep. Marjorie Taylor Greene will chair a House subcommittee on "DOGE" to recommend executive actions to reduce waste and provide savings for taxpayers. Musk and Ramaswamy are reportedly creating a smartphone app for Americans to file taxes for free, causing shares of tax filing services H&R Block and Intuit to drop. However, the commission has received criticism from Senator Elizabeth Warren.

  • Curve: Market leverage demand surged after Trump's election, and protocol revenue grew rapidly

    On November 21st, Curve Finance stated that the crypto industry has experienced a large-scale increase after Trump recently won the US election. Key stocks such as MSTR and COIN have been reevaluated, and Bitcoin has approached the $100,000 mark. The demand for leverage has led to an increase in DAO's weekly income, rising from an average of $268,000 before Trump took office to $581,000 in the past week. Currently, the annual income allocated to veCRV holders is approximately $31 million, not including income from participating in voting incentives. As of today, including voting incentive bonuses, DAO has accumulated $554 million.

  • Paypal: There is a problem with the system at present, which may affect multiple products

     Paypal: Currently experiencing system issues that may affect multiple products; Merchants may be facing a higher number of errors.

  • Sui: The cause of the outage has been identified and a fix will be released soon

    Sui stated in a post on X that the Sui network is currently experiencing a malfunction and is unable to process transactions. The problem has been identified and a fix will be released soon. Earlier reports indicated that Sui Network stopped producing blocks 2 hours ago and has not yet resumed.

  • 4E: Crypto stocks soared before the market opened, with MicroStrategy up more than 10%

    On November 21, it was reported that Trump's team is discussing the establishment of a new position at the White House specifically responsible for cryptocurrency policy. This, combined with previous reports that Trump's media group is negotiating the acquisition of cryptocurrency exchange Bakkt, has made people more optimistic about the future of the cryptocurrency industry under the Trump administration. Concept stocks related to cryptocurrency soared before the market opened, with MicroStrategy rising more than 10%. As of the time of writing, Bitcoin was trading at $97,530, approaching the highly anticipated milestone of $100,000. The rise of Bitcoin has attracted a large amount of liquidity, while Ethereum and altcoins have generally fallen.

  • Bithumb will stop supporting ORB transactions

    On November 21st, according to official sources, Bithumb announced that it will terminate trading support for Orbcity (ORB) tokens based on the decision of the Digital Asset Exchange Association (DAXA). The specific schedule is as follows: trading (buying and selling) will end on December 19th, 2024 at 15:00 (Korean time), and withdrawal support will end on January 17th, 2025 at 15:00 (Korean time).

  • Bitcoin price breaks through 700,000 yuan, setting a new record high

    the market shows that the price of Bitcoin has surpassed 700,000 yuan per coin, reaching a new historical high of 706,841 yuan/coin, with a 24-hour increase of 5.8%. The market is volatile, so please be prepared for risk control.

  • Survey: 94 of 106 analysts believe the Fed will cut interest rates by 25 basis points in December

    according to a Reuters survey, 94 out of 106 analysts believe that the Federal Reserve will cut interest rates by 25 basis points to 4.25%-4.50% in December.

  • Bernstein: Robinhood is expected to be the biggest beneficiary of the relaxation of US cryptocurrency regulations

    According to a research report by Bernstein, Robinhood is expected to be the biggest beneficiary of the relaxation of cryptocurrency regulation in the United States. With the possibility of a crypto-friendly policy from the Securities and Exchange Commission (SEC), Robinhood's market potential is expected to increase significantly. Bernstein has raised the target stock price of this trading platform from $30 to $51 and maintains an outperform rating on its stock.

  • A whale withdrew a total of 69.3 billion BONK from Binance 5 hours ago, equivalent to about 3.7 million US dollars

    according to The Data Nerd, a certain whale withdrew a total of 69.3 billion BONK (approximately 3.7 million US dollars) from Binance five hours ago and transferred it to wallet 3sdonZ. Within one month, wallet 3sdonZ has accumulated a total deposit of 610.95 billion BONK, approximately 34.13 million US dollars.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company