Weekly Market Wrap: Bitcoin rises past US$31,000, cryptos rally after Ripple’s win against U.S. SEC

Bitcoin rose to US$31,736 on Friday, bolstering Ethereum to above US$2,000, after the court ruled that the sale of XRP did not constitute a security. Bitcoin needs a close above US$31,000 to pave the way for US$32,500, market experts told Forkast.

• 2023-07-14
• Bitcoin ETF market capitalization investor sentiment price of Bitcoin XRP bullish market Bitcoin prices U.S. District Court financial securities Bitcoin

FTX Debacle Spurs Indonesia to Revamp Crypto Sector by Setting Up National Digital-Asset Exchange

(Bloomberg) -- Indonesia is drawing on the structure of the stock market to revamp crypto trading and mitigate the risks exposed by the collapse of the FTX digital-asset exchange.Most Read from BloombergChina Cease-Fire Proposal for Ukraine Falls Flat With US, AlliesHow Biden’s Shock-and-Awe Tactic Is Failing to Stop RussiaApple Makes Major Progress on No-Prick Blood Glucose Tracking for Its WatchTrump 2020 Fraud Backer Sidney Powell’s Texas Ethics Case TossedThe World’s Most Painful Trade Is Fi

• 2023-02-25
• Bloomberg FTX Commodity Futures Trading Regulatory Agency Indonesia digital assets financial securities stock market Financial Services Authority