Bitcoin Price Predictions, Ripple (XRP) Developments, SHIB Adoption: Bits Recap Oct 2nd

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Gary Gensler remained silent when asked about the case against Ripple, XRP soared to $0.55, whereas SHIB's burn rate reached almost 1,000%.

The past few days have witnessed multiple news surrounding the ongoing legal battle between Ripple and the US Securities and Exchange Commission and some essential developments focused on the popular memecoin Shiba Inu.

It is safe to note that the most important moment in the case occurred in mid-July when the blockchain enterprisea partial court victory. Back then, a US Judge ruled that the sale of XRP did not constitute an offer of investment contracts, giving Ripple the upper hand and causing a serious boost for the token.

Source: Digital Coin News (digitalcoinnews.net)

 

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