Morning Crypto Update: Bitcoin and Ethereum Prices Rise Amid Regulatory Battles

07.05.2024 12:57 71 times read Reading time: 1 minutes 0 Comments

Bitcoin, Dogecoin, Ethereum & Co. in the Morning

At finanzen.net, it was reported today that the Bitcoin price has risen by 0.89 percent to now stand at 63,762.95 US dollars. This is an increase compared to the previous figure of 63,203.05 US dollars.

Ethereum also shows positive development with an increase of 0.49 percent to now 3,080.31 US dollars, up from 3,065.25 US dollars previously.

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The Crypto World Continues Dancing - Ripple and Ethereum in the Ring with Regulators

According to a report on FXStreet German site, Ripple and Ethereum are in the midst of regulatory challenges. Despite these difficulties, Ripple is planning the introduction of an XRP Stablecoin as a bridge between traditional financial systems and digital asset management.

Ripple CEO Brad Garlinghouse emphasizes Ripple's commitment to XRP despite ongoing legal disputes with the SEC over the classification of the token as a security or currency.

Only in July: SEC Delays Ether ETF Decision

BTC-ECHO | Bitcoin & Blockchain since 2014 reports a further delay by the SEC regarding a decision on Ether ETFs until the coming July instead of having to decide now as planned.

This postponement follows several other extensions of a similar nature by other major institutional applications, raising questions about the future approval of such funds.

Ethereum Spot ETFs Again Delayed by SEC

According to information from

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