Overview of Crypto News Digest by U.Today
U.Today provides a comprehensive overview of the latest crypto events, featuring the top three news stories from the past day.
CEO Ready to Take XRP Fight to Supreme Court
Brad Garlinghouse, CEO of Ripple, recently expressed his readiness to take the XRP battle with the SEC to the highest judicial authority in the United States. In an interview, he emphasized that Ripple is prepared to pursue the case until the end, highlighting the regulator’s recent hints at potentially appealing the case. Garlinghouse also mentioned the withdrawal of an out-of-court resolution option, indicating Ripple’s confidence in its position. This development raises the possibility of the XRP dispute reaching the Supreme Court, signaling a significant legal showdown in the crypto space.
BTC Could See ETF Approval Tsunami: Analyst
Bloomberg Intelligence analyst James Seyffart has sparked growing anticipation of spot Bitcoin ETF approvals in the United States. With a high likelihood of approvals by January 10, Seyffart’s research suggests a potential wave of approval orders for current applicants, including major market players like BlackRock and Fidelity. Notably, the SEC’s deliberate delay of orders for several companies implies preparations for approving a range of Bitcoin ETFs in the near future. This development, coupled with Grayscale’s recent court triumph, could lead to a domino effect of approvals, shaping the crypto landscape in the coming months.
Shib Wallet to Feature Forget-Proof Recovery and Email Sign-In
Shib Wallet has introduced new features aimed at enhancing user experience, including a forget-proof recovery system and email-based sign-in capability. These features provide users with multiple-factor authentication for wallet recovery and enable simplified management of cryptographic keys within a noncustodial framework. Additionally, the wallet now facilitates gasless transactions, allowing users to carry out transactions even without a network’s native token. These advancements mark a significant step in streamlining the crypto transaction process, offering users greater control and convenience.
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