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Showing posts with label Tech news. Show all posts
Showing posts with label Tech news. Show all posts

Saturday, 14 September 2024

Speculation Around XRP ETF Heats Up the Market

 

📈 Rumors about the upcoming launch of an XRP ETF have shaken the crypto community! After Grayscale's trust announcement, the token's price surged from $0.53 to $0.58, fueling FOMO.


Despite the optimism, there's a risk of correction. Network growth shows demand, but some indicators hint at a potential drop to $0.52.

Sam Bankman-Fried has appealed his fraud conviction and requested a new trial

 

His lawyer's words:
He did not get a fair trial and the judge handling the case showed bias and obstructed the defence. Federal prosecutors were more interested in high-profile headlines than an objective trial.


The appeal points out that the judge blocked important evidence that could have shown that FTX was not actually insolvent and that the company's assets could have covered customer losses.

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