XRP News Today: Deaton Weighs In – Is SEC’s Appeal a ‘Fool’s Errand’? BTC Hits $102k – FXEmpire
S. Securities and Exchange Commission (SEC) over the classification of XRP as a security.
Recently, John E. Deaton, a lawyer who has been closely following the XRP case, weighed in on the SEC’s decision to appeal a recent court ruling that denied the agency’s request to access Ripple’s legal communications. Deaton expressed skepticism about the SEC’s chances of success in the appeal, calling it a “fool’s errand.”
Meanwhile, Bitcoin has continued its impressive performance, hitting a new all-time high of $102,000. This milestone comes as more institutional investors and mainstream companies show interest in investing in cryptocurrencies, further validating their potential as a viable asset class.
Overall, the cryptocurrency market is experiencing a period of significant growth and development, with XRP and Bitcoin at the forefront of these exciting developments. Investors and enthusiasts alike are eagerly watching as the market continues to evolve and mature.
