Crypto Market Cap Reclaims $2 Trillion as Bitcoin Touched $45K (Weekend Watch)
The crypto market cap is above $2 trillion for the first time in a while, as bitcoin jumped to $45,000.
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The U.S. Securities Exchange Commission landed a minor procedural victory in its lawsuit with crypto payment firm Ripple, as Magistrate Judge Sarah Netburn approved the agency’s request for a time extension in a Text-Only Order, despite Ripple’s opposition.
Ripple is forging ahead in its quest to improve the XRP ecosystem with huge advancements and recently offering developers a large cache of XRP to build on the XRPL
Ripple says the securities watchdog has delayed the resolution of the misguided lawsuit “long enough”.
Stuart Alderoty, the general counsel at Ripple believes that crypto is inching toward a decisive moment in 2022.