Bitcoin and Ether rallied in late afternoon trading in Asia to rise over 1% as all top 10 cryptocurrencies by market capitalization gained.
See related article: Markets: XRP jumps amid court ruling against SEC, Bitcoin gains, Ether sole loser in crypto top 10
Fast facts
- Bitcoin rose 1.35% to trade at US$19,569 at 4 p.m. in Hong Kong, while Ether fell 1.82% to US$1,341, according to data from CoinMarketCap.
- XRP jumped 12.75% to US$0.4923 after the Securities and Exchange Commission’s attempts to withhold documents were overruled by a U.S. District Court judge in its ongoing court case against Ripple Labs Inc. The documents, written by former Division Director William Hinman, relate predominantly to a speech he gave in which he argued that Bitcoin and Ether are not securities.
- Solana gained 2.98% to change hands at US$34.27 while Cardano rose 1.29% to US$0.4372.
- FTX Token was up 1.75% to US$24.37 amid the publication of text messages between the “guru” of Sam Bankman-Fried, CEO of FTX Token’s issuer FTX US, and Elon Musk, telling him that the crypto billionaire had been “potentially interested” in buying Twitter.
- Asia equity markets mostly fell following Wall Street’s widespread losses overnight. The Shanghai Composite Index slipped 0.55%, while the Nikkei 225 lost 1.83% and the Hong Kong Hang Seng Index gained 0.33%.
See related article: XRP price surges after U.S. court rejects SEC objection in Ripple lawsuit
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- BTC - Bitcoin
- coinbase
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- ETH - Ethereum
- ethereum
- Forkast
- machine learning
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- SEC - Securities and Exchange Commission
- W3
- xrp
- zephyrnet
More from Forkast
Cardano set for major governance and scalability upgrades
Source Node: 2540277
Time Stamp: Apr 8, 2024
Clay Nation launches Cardano-Polygon NFT bridge in The Sandbox
Source Node: 2317687
Time Stamp: Oct 9, 2023
Coinbase under investigation by SEC, quarterly report reveals
Source Node: 1616624
Time Stamp: Aug 10, 2022
Filecoin service provider RRMine leaves China for Singapore
Source Node: 1663061
Time Stamp: Sep 13, 2022
FTX files for bankruptcy, Sam Bankman-Fried steps down as CEO
Source Node: 1754284
Time Stamp: Nov 11, 2022
OKX cryptocurrency exchange to apply for virtual asset license in Hong Kong
Source Node: 2036933
Time Stamp: Mar 28, 2023
Binance re-enters S. Korea through GOPAX equity purchase: report
Source Node: 1938555
Time Stamp: Feb 3, 2023
Yuga Labs’ payout from Ripps and Cahen raised to nearly US$9 mln
Source Node: 2470526
Time Stamp: Feb 5, 2024
Regulatory issues ‘still challenging’ as CBDCs gain popularity globally, says German IT firm Giesecke+Devrient’s Chief Evangelist Lars Hupel
Source Node: 1778996
Time Stamp: Dec 20, 2022