Bitcoin remains relatively stable above $61,100, while ether experiences a 4% drop to $2,390 amid geopolitical tensions following Iranian airstrikes on Israel, influencing a broader market sell-off. Despite the downturn,

Bitcoin (BTC) and Ethereum (ETH) are still declining and staying in the red zone. After the geopolitical tension that happened yesterday, the crypto market bled heavily. However, Bitcoin whales continue to accumulate stronger than before.

The Securities and Exchange Commission (SEC) has appealed a federal court's 2023 finding that sales of Ripple's XRP token to retail traders on crypto exchanges are not securities transactions.

The first XRP ETF is finally in play. If this happens before Solana, I'll officially join the XRP nation. Sources told FOX Business that crypto asset

XRP, the native token of Ripple, experienced a significant decline of over 12% on Thursday, dropping to 51 cents per coin, following the US Securities and Exchange Commission’s (SEC) announcement to appeal a pivotal court ruling.

Crypto asset manager Bitwise has filed an initial registration statement with the U.S. SEC for an exchange-traded product for XRP tokens, as it seeks to introduce more crypto products after a landmark regulatory decision to approve spot bitcoin ETF earlier this year.

Bitwise's filing acknowledges the risk that the Securities and Exchange Commission (SEC) could win an appeal to reverse a court decision that would allow it to regulate XRP as a security.