Judge Analisa Torres, best known for the SEC v. Ripple ruling, has denied Kalshi’s bid for a preliminary injunction against New York gaming regulators, finding the state’s gambling laws are not preempted by federal commodities law. Another Major Ruling From Torres U.S. District Judge Analisa Torres has denied prediction market exchange Kalshi a preliminary injunction […]
The post Financial Turbulence Looms: Tokyo’s Potential Role in a Liquidity Crisis appeared on BitcoinEthereumNews.com.
In a startling revelation, Michael Gayed, the portfolio manager behind The Lead-Lag Report, has illuminated potential threats of a brewing global liquidity crisis, with Tokyo positioned as a central point. The interconnected dynamics between major financial instruments like the yen, gold, oil, XRP, and US Treasury bonds are increasingly evident, pointing to possible changes in […] Continue Reading:Financial Turbulence Looms: Tokyo’s Potential Role in a Liquidity Crisis Source: https://en.bitcoinhaber.net/financial-turbulence-looms-tokyos-potential-role-in-a-liquidity-crisis
The post XRP Gains Regulated Rails as Ledger Upgrade Lags appeared on BitcoinEthereumNews.com.
The XRP Ledger’s v3.2.0 rollout has cleared a key validator milestone, with 31 of 35 validators on the default Unique Node List running the new software, but broader node adoption still lags. The gap matters because XRP-related infrastructure is expanding in Japan and Europe at the same time, putting more pressure on the network’s core software and amendment process to keep pace. Summary XRPL v3.2.0 is already running on about 89% of the default UNL validator set. Only about 43% of active nodes have upgraded, showing slower broader network migration. The bundled security amendment is still in voting and requires sustained validator support. Japan’s SBI and Europe’s Clearstream show XRP-related infrastructure moving deeper into regulated finance. The Real Story Is Infrastructure Readiness The important point is not simply that the XRP Ledger has a new software version. The bigger issue is whet
The post Judge denies Kalshi bid to block New York gambling laws appeared on BitcoinEthereumNews.com.
A federal judge in Manhattan refused to shield Kalshi from New York’s gambling laws on Tuesday, deepening a split among US courts over who regulates prediction markets and pushing the fight closer to the Supreme Court. The decision matters because federal appeals courts now disagree on the central legal question, and that kind of divergence is what tends to draw the justices in. Kalshi has already asked the Second Circuit to review the ruling. It was expected that the dispute could ultimately reach the Supreme Court, and each conflicting ruling makes that outcome harder to avoid. What the judge decided US District Judge Analisa Torres, who also presided over the SEC’s case against Ripple, denied Kalshi’s request for a preliminary injunction against the New York State Gaming Commission. The order landed in KalshiEX LLC v. Williams, filed July 7 in the Southern District of New York. At i
The post Japanese Firms Are Boosting BTC and XRP Holdings appeared on BitcoinEthereumNews.com.
SBI VC Trade reported rising institutional demand for BTC and XRP as Japanese firms adjust treasury strategies amid continued yen weakness. Corporate demand for Bitcoin and XRP is increasing in Japan as a weaker yen prompts companies to diversify their treasury holdings, according to crypto exchange SBI VC Trade. The crypto arm of Tokyo-based SBI Holdings said that this trend has driven demand for its corporate-focused services. Corporate Crypto Demand SBI VC Trade announced that its total registered accounts surpassed 2 million as of July 6, 2026, having doubled from more than 1 million in 2025. The figure includes users across both its VCTRADE and BITPOINT services following the merger with fellow SBI Group company Bitpoint Japan in April 2026, which the exchange said further strengthened its service infrastructure. It attributed its continued growth to several factors, including its focu
The post XRP price eyes drop to $1 as it loses a key support appeared on BitcoinEthereumNews.com.
XRP has slipped below a key short-term support near $1.10, with sellers regaining control as traders lock in profits after Ripple’s latest European regulatory win and macro risk sentiment weakens across global markets. Summary XRP has dropped below key support near $1.10 as profit-taking and long liquidations push the token toward $1. A descending channel, weakening RSI, bearish MACD setup, and dense liquidation zones reinforce downside risks. Ripple’s MiCA license and $4 billion in XRPL tokenized RWAs highlight long-term adoption despite near-term weakness. The token traded around $1.08 on Tuesday after falling from an intraday high near $1.18. The decline came shortly after Ripple secured a full Crypto-Asset Service Provider license from Luxembourg’s Commission de Surveillance du Secteur Financier under the European Union’s Markets in Crypto-Assets framework. Instead of extending the ral
XRP has slipped below a key short-term support near $1.10, with sellers regaining control as traders lock in profits after Ripple’s latest European regulatory win and macro risk sentiment weakens across global markets. The token traded around $1.08 on Tuesday…
The XRP Ledger’s v3.2.0 rollout has cleared a key validator milestone, with 31 of 35 validators on the default Unique Node List running the new software, but broader node adoption still lags. The gap matters because XRP-related infrastructure is expanding in Japan and Europe at the same time, putting more pressure on the network’s core [...]
The post XRP Is Set for a 16% Breakout, but Only if the Market Leader Behaves appeared on BitcoinEthereumNews.com.
The XRP price is trading near $1.09, and its chart is quietly turning bullish. A classic reversal pattern is taking shape just as selling volume fades and Bitcoin, the coin XRP still tracks, holds firm. That mix hints at a possible double-digit breakout. The catch is that XRP’s fate stays tied to the market leader. XRP Draws a Bullish Pattern as Bitcoin Holds Firm On the daily chart, XRP is shaping a cup and handle, a rounded base followed by a small dip that often leads to a breakout. That said, the cup formed between June 22 and July 4, and the handle is taking shape now. If it completes, the pattern points to a move of roughly 16%. XRP Cup and Handle Setup: TradingView The volume supports it. Selling volume has faded since July 6, a sign the pullback is losing steam rather than building. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypt