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The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.
XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.
XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.
Several Layer 1 tokens are soaring as SEC cases are called into question after a favorable XRP ruling.
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
A federal judge on Thursday ruled he sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts.
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
- 20:11Trump urges Republican senators to maintain tariffs on CanadaOn Tuesday, 2 April, Trump called on the Senate to keep U.S. tariffs on Canada in place, hours after Senate Democrats could force a Senate vote to block the president from imposing tariffs on the ally, according to ABC News. The resolution introduced by lawmakers seeks to end an international emergency declared by Trump against Canada, which gives Trump the power to unilaterally impose tariffs. On Tuesday, Canadian Prime Minister Mark Carney vowed that Canada would respond with retaliatory tariffs if Trump imposed additional tariffs on Canadian goods.
- 19:56Arkham: Tether Now Holds Over 100,000 Bitcoins Worth $8.5 BillionArkham monitoring data shows that TETHER purchased $750 million worth of BTC in 2025 and currently holds over 100,000 bitcoins worth $8.5 billion.
- 19:55Eric Trump, Trump's second son, said, ‘Bitcoin is one of the greatest stores of value, extremely liquid, and a great hedge against real estateTrump's second son, Eric Trump, said, ‘Bitcoin is one of the greatest stores of value, extremely liquid, and a great hedge for real estate.’