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It May Be a Wild Ride, but This Cryptocurrency Could Generate Serious Wealth

The Motley Fool

Back in 2012, a start-up called Opencoin (now known as Ripple Labs) launched its blockchain-based Ripple payment network. It's mainly used to route real-time payments, remittance transfers, and currency exchange transactions. However, the SEC lawsuit finally ended this August with a smaller-than-expected settlement of $125 million.

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Will the Bitcoin Halving Create Overnight Millionaires?

The Motley Fool

Now that the initial euphoria around the new spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) has started to fade, it's time to move on to the next major catalyst for Bitcoin : the halving event in April. So it didn't come as much of a surprise when the SEC finally approved the spot Bitcoin ETFs on Jan.

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Why Altcoins Had a Rough Week

The Motley Fool

In token-specific news today, the Securities and Exchange Commission (SEC) is appealing a court decision that said XRP was not a security when Ripple , the creator of the token and network, sold XRP in 2012. The SEC had sued Ripple and the company's former founders for selling unregistered securities.

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Why Is XRP Down After a Year of Growth?

The Motley Fool

In August, a long-running court case involving the Securities and Exchange Commission (SEC) finally wrapped up, with Ripple agreeing to pay $125 million in penalties for improperly selling XRP tokens to institutional investors. And it has had to pay an estimated $200 million in legal fees to battle the SEC.

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1 Super Cryptocurrency Could Soar to $200,000 by 2025, According to a Wall Street Analyst

The Motley Fool

With that in mind, Chhugani and Kendrick believe two catalysts will turbocharge Bitcoin demand in the coming months: the recent approval of spot Bitcoin exchange-traded funds (ETFs) and the halving event next month. They offer direct exposure to Bitcoin without the hassle of cryptocurrency exchanges and blockchain wallets.

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Billionaires Are Selling Nvidia Stock and Buying an Index Fund That May Soar Up to 83,000%, According to Wall Street Experts

The Motley Fool

Recently filed Forms 13F show that two high-profile hedge fund managers sold shares of Nvidia during the second quarter while reallocating capital to the iShares Bitcoin Trust (NASDAQ: IBIT) , an exchange-traded fund (ETF) that tracks Bitcoin (CRYPTO: BTC). stock exchanges. David Shaw at D.E. Shaw sold 12.1

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My Top Crypto to Buy in December

The Motley Fool

The easiest place to see this dynamic at work is with the imminent approval of the first-ever spot Bitcoin exchange-traded fund (ETF) for the U.S. The conventional thinking now is that official approval from the SEC could come as early as the first quarter of 2024.