Market Overview (Oct 16 – Oct 22): Ripple Lawsuit Dismissed and Bitcoin Halving Milestone
The post Market Overview (Oct 16 – Oct 22): Ripple Lawsuit Dismissed and Bitcoin Halving Milestone appeared on BitcoinEthereumNews.com.
Key Points Last week’s highlights include the dismissal of the lawsuit between the SEC and Ripple CEO Brad Garlinghouse, Binance US suspending USD withdrawals, and the launch of the Scroll blockchain platform. In macroeconomic news, the Federal Reserve plans to control inflation while monitoring economic indicators. Several economic events are scheduled in the US. Additionally, the bitcoin halving milestone and BTC dominance are influencing the market, while some altcoins like $Link, $Solana, $INJ, $Trx, and $APT show resilience and potential for growth. Discover the latest developments in the market overview! Explore key news highlights, macroeconomic insights, market predictions, and Bitcoin Halving Milestone. Stay ahead in the fast-paced world of digital assets. Last week’s highlights big news In recent developments, the lawsuit between the US Securities and Exchange Commission (SEC) and Ripple CEO Brad Garlinghouse, along with Chris Larsen, has officially been dismissed. This comes after an agreement was reached between the two parties, marking a significant milestone in the legal battle. Another important development is Binance US‘s decision to suspend USD withdrawals. This move has raised concerns among users and has sparked discussions about the implications for cryptocurrency trading in the United States. Meitu, a renowned technology company, has announced its plan to sell $100 million worth of Bitcoin and Ethereum. This decision comes in the wake of financial losses and showcases the volatile nature of the crypto market. Scroll, a promising blockchain project, has recently launched its mainnet. This platform aims to revolutionize the way content creators are compensated for their work, offering an innovative and decentralized approach. The SUI token experienced a decline in price following reports of an investigation by South Korean authorities. This highlights the impact of regulatory actions on cryptocurrency markets and investor sentiment. In a potential shift in business strategy, Twitter X is considering…
Filed under: News - @ October 23, 2023 6:08 am