↝ Regulatory Drama, Investor Sentiment, and Institution Interest Impacting Request Coin’s Trajectory

Several stories monopolizing the crypto world reflect regulatory battles, law enforcement inquiries and market reactions. A New York judge has rejected an indicative ruling request regarding Ripple’s $50M settlement proposal, and also refused the joint plea of Ripple and SEC to cut down a $125M penalty. Responses to this news led to a 5% price depreciation of XRP. Concerns surrounding Trump meme coin embroiled in an ethical probe over a gala dinner escalate, while Coinbase’s quest for more clarity on crypto regulations is having some back-and-forth in court. Also, Robinhood halted its Super Bowl bets after the CFTC's request.

Institutional interest in Deribit’s Block RFQ tool has surged, crossing $23B in four months. Meanwhile, Coinbase’s fight with IRS over the user data demand makes its way to the Supreme Court and CME Group is preparing to debut Solana futures anticipating growing demand for crypto derivatives. SEC sought an additional 28 days to react to Coinbase's appeal. SEC is also purportedly stamping formal recognition of Cboe’s request to list 21Shares XRP ETF. Ripple hailed a victory after a judge shaving off 94% of SEC's penalty request in the final ruling of XRP case.

Meanwhile, uproar over the assumed seizure of Palestinian crypto funds by Binance swells as the SEC pulls back from claiming certain tokens to be securities in the ongoing Binance lawsuit. Also, caution is urged against phishing attempts in the wake of increasing scams. Lastly, the UK FCA is encouraging public opinion on stablecoin and crypto custody regulation. As cryptocurrency and Blockchain see rampant adoption, regulatory environment and investor sentiment remain key determinants.

Request Coin News Analytics from Fri, 27 Jun 2014 07:00:00 GMT to Wed, 02 Jul 2025 16:11:07 GMT - Rating 1 - Innovation -6 - Information 3 - Rumor -2