The post Intel Markets soars with $1m Quantum AI research grant as XRP, LINK sinks appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s never-ending drama takes a new turn, and Chainlink ignites outflows post-token unlock, while Intel Markets gains attention. The crypto market is a high-stakes game, and the stakes have never been higher. As Ripple (XRP) faces a legal showdown with the SEC and Chainlink’s (LINK) token unlock starts a wave of volatility, investors are scrambling to find a winning strategy. Intel Markets, a pioneering trading platform, is offering a lifeline with its AI-powered approach and ambitious quantum research. But can it steer through the turbulent waters of the crypto market and emerge as a dominant force? Ripple victory faces SEC challenge: What’s ahead? A rift has emerged in the cryptocurrency industry as the U.S. SEC is thinking about filing an appeal in its case against Ripple over XRP. With two weeks remaining, the SEC has the option to file an appeal against Judge Torres’ decisions; previous legal counsel for the SEC has indicated that this is likely to happen. Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty have announced that they do not intend to appeal, and the company has a court order delaying a $125 million penalty until the case is settled. The SEC made a suggestion that it might not appeal its decision regarding XRP programmatic sales in a similar Binance case. Meanwhile, some argue that Elon Musk could enable XRP payments on X (previously Twitter) in order to argue against the SEC ruling. In a separate investigation, the SEC is pursuing fines against Musk. As things developed, the price of Ripple dipped by 1% to $0.58, while trading volume also decreased. The case’s verdict may have a big influence on US cryptocurrency legislation. LINK…

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Filed under: News - @ September 24, 2024 10:17 pm