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Why XRP Is Skyrocketing Today

The Motley Fool

XRP is surging today due to the arrival of a key deadline in a legal case brought by the Securities and Exchange Commission ( SEC ) against Ripple Labs -- the company that created the cryptocurrency. The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m.

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This Artificial Intelligence (AI) Fintech Could Be One of The Largest IPOs in 2025

The Motley Fool

However, the economic landscape shifted, and challenges emerged in 2022 and 2023 as interest rates rose in response to inflationary pressures, causing ripple effects throughout the financial sector. In 2021, the company raised $639 million, which gave it a peak private market valuation of $45 billion. market and now has over 34 million U.S.

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SEC Approval Was Huge for Bitcoin ETFs. But the World's Biggest Just Got a Far More Important Win.

The Motley Fool

After plunging in 2022, Bitcoin (CRYPTO: BTC) got its mojo back, more than doubling in 2023. The end of the crypto winter came in large part because of anticipation that the Securities and Exchange Commission (SEC) might finally grant approval to exchange-traded funds (ETFs) seeking to own Bitcoin directly.

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This Cryptocurrency Exchange-Traded Fund (ETF) Could Soar 5,300%, According to Cathie Wood's Ark Invest

The Motley Fool

Under CEO Cathie Wood, the company manages thematic exchange-traded funds (ETF) built around various technologies, including blockchain and cryptocurrency. The company published a Bitcoin valuation model in 2023 that posited a price of $1.5 Fortunately, things got easier when the SEC approved spot Bitcoin ETFs in January.

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Why Coinbase, Cardano, and Solana Are Rising Today

The Motley Fool

Securities and Exchange Commission (SEC) and Ripple Labs, the creator of XRP (CRYPTO: XRP). based crypto exchange Coinbase (NASDAQ: COIN) traded nearly 18% higher as of 2:52 p.m. In late 2020, the SEC sued Ripple for raising $1.3 billion through "an unregistered, ongoing digital asset securities offering."

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Bitcoin Is Up 83% in 2023, but Can It Keep Rising Forever?

The Motley Fool

But 2023 has been a different story. Bitcoin's hash rate, which measures the amount of energy securing the network, has increased significantly since the China ban caused a temporary dip, a clear indicator of Bitcoin's resilience. The safest way to buy Bitcoin is through a major exchange like Coinbase, Binance, Kraken, or Gemini.

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Why Ethereum, Shiba Inu, and Bitcoin Cash Are Rising Today

The Motley Fool

What happened Most cryptocurrencies moved higher today, as more mainstream financial institutions filed to launch spot Bitcoin exchange-traded funds (ETFs) and as altcoins gained steam. Whether or not cryptocurrencies are commodities or securities is a big point of contention in the crypto ecosystem right now. higher as of 10:35 a.m.