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Ripple Rally Leads Altcoin Market

Ripple (XRP) has outperformed the rest of the Currency sector in the CoinDesk Market Index with a 12.8% month-on-month increase, even after the broad market contraction at the beginning of the week. According to Kaiko data, the Open Interest in XRP rose after the last week of May, hitting yearly highs of more than $500 million. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Majority of Pepecoin Investors Caught in High-Stakes Game of Musical Chairs, Research Shows

The majority of Pepecoin (PEPE) investors were left playing a game of musical chairs as early participants made the bulk of gains, new research from SingularityDAO shows. "The Hash" panel discusses the state of the meme token.

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Louis Vuitton to Release $42K Worth of Physical-Backed NFTs

French luxury fashion house Louis Vuitton is gearing up to release its new physical-linked non-fungible token collection called Via Treasure Trunks, paving the way for exclusive members-only products and experiences. "The Hash" panel reacts to the NFT launch.

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USDC Issuer Circle Receives Digital Token License in Singapore

Circle Singapore has now received its Major Payment Institution (MPI) license for digital payment token services in Singapore, after having obtained in-principle approval last November. "The Hash" panel weighs in on the stable issuer's new license.

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U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition in a Week

The United States Court of Appeals for the Third Circuit has ordered the U.S. Securities and Exchange Commission (SEC) to clarify its position on a rulemaking petition from cryptocurrency exchange Coinbase (COIN). The SEC has been ordered to explain within 7 days if it intends to decline Coinbase’s request, the reasons for such a decision, or a timeline of when it expects to come to a decision. "The Hash" panel discusses the relationship between Coinbase and the regulators.

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Self-Custody Reemerges in Crypto Conversation Following FTX Collapse

The Consensus @ Consensus report highlights a resurging discourse around crypto self-custody, states Margaux Nijkerk, CoinDesk's Ethereum Protocol Reporter. With considerable outflows from Binance and Coinbase and recent device issues with Ledger and Trezor, Nijkerk underscores, "There might be a renewed conversation around self-custody."

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Solidus Labs Regulatory Affairs VP on the Significance of Congressional Action Amid SEC Suits

In an intriguing interplay of regulation and legislation, the SEC announced lawsuits against Binance and Coinbase while Congress is making considerations on crypto rules, observes Kathy Kraninger, VP of Regulatory Affairs at Solidus Labs. Highlighting the distinctiveness of the lawsuits, she remarks, "The cases against Binance and Coinbase are very different."

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The Case for Self-Custody in Wake of FTX Collapse

FTX and other exchange bankruptcies have highlighted the potential risks to users of trusting centralized entities with the keys to their crypto. As part of CoinDesk's Consensus @ Consensus Report, CoinDesk Ethereum Protocol Reporter Margaux Nijkerk joins "First Mover" to discuss the outlook for crypto self-custody in the aftermath of the recent crypto crash.

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Bitcoin Rallies as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase

Cryptocurrency prices recovered on Tuesday with bitcoin (BTC) leading the charge a day after a mass sell-off triggered by the U.S. Securities and Exchange Commission (SEC) suing Binance, and despite a second suit against Binance rival Coinbase. Arca Chief Investment Officer Jeff Dorman discusses his crypto markets and analysis and outlook.

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SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets

The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest developments.

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