“XRP as a digital token is not in and of itself a “contract, a transaction[,] or a schema embodying the Howey requirements of an investment contract.” What sounds pretty convoluted could have been one of the most important court decisions for the crypto sector in recent years. Because according to a judgment by the District Court of South New York, the cryptocurrency Ripple, or rather XRP, is not a security under the US Securities Act.
In the course of this, not only XRP pumped, but the entire crypto market clearly moved north. Is this the trigger for a new Alt-Season?
In this episode of BTC-ECHO Invest, David Scheider and Stefan Lübeck address the Ripple vs. SEC case. The ruling could put the US back on the global crypto map.
US inflation falls significantly
Inflation in the USA has recently fallen significantly. How much does positive inflation data from the US affect the traditional market and the Bitcoin space?
Enjoy listening.