Ripple Lawsuit Takes Twist After Court Victory; XRP Army Celebrates While Prices Drop
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Pro-XRP attorney John Deaton criticizes former SEC Chair Jay Clayton's comments on the Ripple lawsuit ruling regarding XRP's initial issuance.
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Galaxy Digital CEO Michael Novogratz acknowledges the "XRP Army" and its role in Ripple's partial legal victory.
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XRP price plummeted nearly 6% amid a market-wide cryptocurrency price correction.
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The first Bitcoin futures ETF in the US was approved in October 2021, but a spot ETF is still awaiting SEC approval.
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After losing a court case, the SEC may be forced to review Grayscale's spot ETF application again, renewing hopes for approval by year's end.