blockchain

Grayscale to windup XRP Trust amid its recent delisting spree

TL;DR Breakdown: Grayscale has commenced the closing of its XRP Trust. The decision stems from the bearish reaction from exchanges by delisting XRP. From a yearly high above $0.6, Ripple (XRP), the fourth-largest cryptocurrency, found itself struggling within $0.2 and $0.3 following the recent charge announced by the United States Securities and Exchange Commission (SEC). […] …

blockchain

Is Gary Gensler’s appointment as head of the U.S. SEC good for Bitcoin?

The incoming chairman is said to hold a favorable view of Bitcoin and other cryptocurrencies.
The post Is Gary Gensler’s appointment as head of the U.S. SEC good for Bitcoin? appeared first on CryptoSlate. …

blockchain

XRP now considered an exchange token – UK Treasury

TL;DR Breakdown UK classifies XRP, BTC and ETH as exchange tokens Ripple believes this classification helps in its defence against the SEC Financial authorities in the UK have clarified their position on what they believe the native token of Ripple is. According to a new document published by the Treasury, XRP, alongside crypto assets like […] …

blockchain

Bitcoin Futures Platform Bakkt Reportedly Planning To Go Public at a $2 Billion Valuation

While Bakkt’s former CEO has officially lost her Senate seat, the company is reportedly in talks for a merger that will allow it to go public. …