The past week in the financial world was nothing short of eventful. From Ripple’s legal victory to GameStop’s new Bitcoin strategy, there was no shortage of intriguing developments. Let’s dive into the top stories of the week.
XRP’s Legal Win: A Boost Amid Stablecoin Surge
Despite Ripple Labs’ recent legal victory over the SEC, where it agreed to a reduced penalty of $50 million, experts are divided on whether XRP (CRYPTO: XRP) can benefit from the current stablecoin rally. Ripple’s Chief Legal Officer, Stuart Alderoty, announced that the SEC would return $75 million, pending final court and commissioner approval. However, the question remains whether this win will position XRP favorably in the stablecoin market.
Peter Schiff Questions Bitcoin Demand
Gold advocate Peter Schiff …
Full story available on Benzinga.com