Guru-Investinghas prepared the three most important news of the last day.
Guru-Investinghas prepared the three most important news of the last day.
Ripple and US SEC Jointly Agree to Seal Details in Remedies Briefing
According to a recent x publication by James K. Filan, a defense attorney who is closely following the course of the legal battle between Ripple and the SEC, both sides have presented a joint sealing proposal “to govern sealing issues related to the upcoming resource-related briefing that will be presented in this case.” The proposal was presented to Judge Analisa Torres of the Southern District of New York, US District Court, on March 19. If approved, the sealing request would prevent crucial details in reports related to the solutions, such as Ripple’s financial statements and subsequent reports. Complaint about institutional sales of XRP, if disclosed to XRP and the broader crypto community. The consequences of sealing reports out of the public eye for market sentiment remain unclear. Furthermore, although the Ripple-SEC lawsuit, which began in 2020, has entered its deliberations on solutions, the conclusion and timeline of the case remain unknown.
New SHIB ATH Expected by Shiba Inu Team Before Bitcoin (BTC) Halving
YesterdayLucie, official marketing leader of the Shiba Inu project, managed the SHIB community to reveal their latest cryptocurrency purchase and share their opinion on the future trajectory of the SHIB price. Lucie wrote that she took advantage of SHIB’s recent price drop and bought the dip, expressing excitement about SHIB’s ability to “achieve a miraculous recovery.” The marketing leader then stated that she expects SHIB to reach a new all-time high very soon, before the next Bitcoin halving or shortly after. As a reminder, the main Bitcoin event, during which the reward for mining BTC is halved, will take place at the end of April. However, Lucie emphasized that although she is part of the Shiba Inu team, this post is her personal view of the state of the cryptocurrency market and not an official prediction.
Ripple Chairman Reveals Next Crypto Revolution in 2024
In a recent x publicationMonica Long, president of Ripple, referred to 2024 as a crucial year in the institutionalization of cryptocurrencies. “2024 is quickly shaping up to be the year of cryptocurrency institutionalization on a macro scale,” Long wrote, while noting the fact that several TradFi companies launched cryptocurrency access and tokenization products during previous bear markets. Long’s comment was a response to Ripple’s official handle posting about the president’s attendance at the Newcomer Banking Summit in San Francisco last week. At the summit, Long discussed what has changed since the SVB banking crisis a year ago, as well as how blockchain and cryptocurrencies can fundamentally improve access to financial services in collaboration with banks and traditional institutions.
