Crypto market

BTC — $31,377 +3.44%. Bitcoin went up. Ripple won a lawsuit against the SEC. Bitcoin peaked at $31,736. Ripple's token was listed on Coinbase and Binance US.

Alt charts are green. Ether is trading at $2009. alt season 20, disease interest 60. The trade volume index increased by $43 billion per day - $69.3 billion.

Growth leaders among altcoins are XRP, XLM, SOL.

Fall leaders are XEC, LEO, BCH.

BTC dominance is 50.03%.

 

Ripple’s XRP Token Surges 96% After Partial Victory in SEC Lawsuit

XRP’s price has skyrocketed 96% in the past day, climbing the most among the largest cryptocurrencies by market capitalization after a U.S. judge ruled the sale of XRP tokens on exchanges did not constitute investment contracts.

XRP climbed to as high as 93.8 cents, according to data from CryptoWatch, its highest level since March 2022, before settling at 81 cents at the time of publication.

The price action comes immediately after the District Court for the Southern District of New York said the “offer and sale of XRP on digital asset exchanges did not amount to offers and sales of investment contracts,” as “the record cannot establish the third Howey prong to these transactions.”

 

Elon Musk announced the creation of a new company xAI.

The company xAI, under the leadership of Ilon, plans to develop AI-based solutions. The staff of the organization included people from OpenAI, DeepMind, and Microsoft. Musk himself said that the company's mission is to "learn the secrets of the universe"

 

Music platform Web3 Sound has raised $20 million in funding.

It took place as part of Series A, with the round led by a16z, with Snoop Dogg, Ryan Tedder, Tay Keith, and others also participating. The funds received will be used to develop the team and scale Web3's music strategy.

 

Will Aave launch a stablecoin soon?

Aave has put forward a governance proposal to launch its GHO decentralized stablecoin on the mainnet, which aims to bring GHO to Ethereum using the Aave V3 Facilitator and FlashMinter Facilitator. If the vote passes, Aave V3 users on Ethereum will be able to use the collateral to mint GHO.

 

Twitter has received a license to implement payments in three states.

Twitter Payments LLC, a subsidiary of the media holding, has received licenses for the transfer of payment funds in three states: Michigan, New Hampshire, and Missouri. In practice, the company received the right to provide payment services. This brings the organization closer to other non-bank services, such as PayPal

 

The largest British bank, Standard Chartered, predicts the growth of Bitcoin to $120,000 by 2024.

BTC leads in terms of market capitalization, price and network activity.

In the spring of 2024, the halving of the mining reward will take place, which will reduce the supply and increase the demand and price of the asset.

Miners will sell less bullion ahead of the halving, driving up BTC prices even more.

 

The well-known YouTuber Blue Jack robbed crypto investors of $1.5 million.

Since 2021, he has been spamming Twitter, luring crypto users to fake sites.

He himself was hacked and tweeted the address to which 85 ETH from hacked wallets were received.

He spent the money on expensive watches, cars and even equipment in Roblox.

 

The Arcade blockchain project opened the first crypto pawnshop.

The borrower sends the watch for storage in a special storage facility. In return, he receives NFT and displays it on the site.

Lenders offer their own conditions. The borrower approves the appropriate option and the NFT is transferred to the vault.

If the loan is not paid by the time of repayment, the NFT is transferred to the creditor, and he can take the collateral himself.

In 2 weeks, according to this scheme, 3 loans were issued for Rolex Daytona, Explorer and GMT-Master II watches.