News

⚔️ Ripple Vs SEC: Will Settlement Speculation & SEC Appeal Affect XRP Price?

Ripple Vs SEC settlement speculation and ongoing appeal may impact XRP price, sparking volatility and uncertainty in the crypto market amid potential regulatory precedents.

The XRP price has noted volatile trading lately, especially after the agency’s appeal in the ongoing legal battle. Notably, the appeal has sparked speculations in the broader crypto market over the potential motive behind the agency’s move. In addition, many in the crypto community also stayed on the sideline, as the appeal is likely to extend the long-running legal battle further.

🔮 Elon Musk Predicts Dire Outcome if Donald Trump Loses US Election

Elon Musk warns of threats to U.S. democracy and his potential jail time if Trump loses the elections while predicting impacts on crypto.

In a recent interview with Tucker Carlson, Elon Musk voiced strong support for Donald Trump’s presidential campaign while sharing his concerns about the future of democracy in the United States. Musk suggested that if Trump loses the upcoming election, it could lead to severe consequences for democratic processes in the country.

⚠️ Crypto.com Sues US SEC Following Wells Notice From Commission

Crypto.com took it a step further and filed a lawsuit against the US Securities and Exchange Commission (SEC).

Today, Crypto.com took it a step further and filed a lawsuit against the US Securities and Exchange Commission.

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Markets

📊 Cryptocurrency Prices Today Oct 8: BTC Wanes To $62K But SUI & NEIRO Up 11%-19%

Cryptocurrency prices today showcased turbulent trajectories. BTC, ETH, SOL, & XRP fall while SUI & NEIRO emerged as the day's top gainers.

The broader market on Tuesday witnessed a bag of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price slipped to the $62K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a waning price trajectory. Besides, NEIRO and Sui emerged as the day’s top gainers.

🇨🇳 Chinese Stocks Crack Following A Week of Rally, Will BTC and Altcoins Benefit?

Chinese stocks lose momentum as economic planners maintain uncertainty on further economic stimulus. Will money rotate into BTC and altcoins?

Despite a strong start to Tuesday, the Chinese stocks came crashing down as the country’s top economic planner held back its plans to unleash further stimulus. As of press time, the Hand Seng Index (HSI) is trading 7% down, marking its biggest single-day fall since the 2008 financial crisis. Bitcoin and altcoin investors are watching the development closely in the hope of capital rotation back into crypto.

📉 Bitcoin Price Falters At $64K, Chinese Stocks Tumble, What’s Next for BTC?

With Chinese stocks crashing double digits, what's next for Bitcoin price after a brief retest of $64k, a crash or continuation of the bounce?

With the recent spurt of bullish momentum, Bitcoin (BTC) retested the $64K hurdle but failed to sustain it. As a result, BTC is retracing. The daily chart shows a bearish outlook for Bitcoin price that could undo the past week’s gains.