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Pro-XRP Lawyer Reveals Expectations for Summary Judgment Verdict, XRP and PEPE Achieve Listing on Major Exchange: Crypto News Digest by U.Today

Thu, 05/25/2023 - 16:40
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Valeria Blokhina
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Pro-XRP Lawyer Reveals Expectations for Summary Judgment Verdict, XRP and PEPE Achieve Listing on Major Exchange: Crypto News Digest by U.Today
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Check out the top three news stories over the past day presented to you by U.Today.

Ripple lawsuit: pro-XRP lawyer reveals expectation for summary judgment verdict

In a recent tweet, XRP enthusiast and attorney Jeremy Hogan replied to a Twitter user's question about whether Judge Torres could make a summary judgment decision before the redacted documents are released. He responded that the judge does not have to wait for the documents to be released, but it is more likely that she will. Hogan then added that he would not hold his breath until after June 13. As a reminder, on May 16, Judge Torres issued a ruling denying the SEC's motion to seal the Hinman documents. The countdown for the documents to be made public began with June 6 in mind. In the past week, both parties filed a joint letter for a one-week extension, until June 13, 2023, and the request for the extension has been granted.

One of Ripple's Attorneys Calls it Quits: What it Means

XRP and PEPE coin achieve listing on major decentralized exchange

Synthetix, decentralized finance protocol, has recently announced that it has added new perpetual futures markets for XRP and Pepe Coin (PEPE). These markets are now available for leverage trading on Synthetix Perps, the protocol's native exchange. Apart from XRP and PEPE, Synthetix has also introduced perpetual futures markets for several other cryptocurrencies. These include SUI, BLUR, DOT, FLOKI and INJ, further expanding the range of trading options for users. By introducing new perpetual futures markets, Synthetix aims to attract a broader audience of cryptocurrency traders, especially those from the XRP and PEPE communities.

40 billion Shiba Inu scooped up by whales as Shibarium sets major new records

Yesterday, Etherscan reported that anonymous whales transferred almost 40 billion SHIB tokens to and from top crypto exchange platforms. The assets were moved in several transactions, with the smallest one carrying 1.5 billion SHIB and the two largest ones nine billion SHIB. According to the SHIB/USD exchange rate at the moment the transactions took place, the amount of transferred Shiba Inu tokens, 36,500,000,000 SHIB, comprised $316,090. In the meantime, Shibarium and its testnet Puppynet reached several important new milestones. Namely, the total number of transactions conducted on Puppynet has surpassed 11.5 million.

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About the author

Valeria is the community manager at U.Today. She is a crypto enthusiast and believes that cryptocurrency is the future of finance. Currently, Valeria covers the latest news in the world of crypto and blockchain.