Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors
published: 10 minutes ago
Huobi Asset Management has announced the launch of its bitcoin (BTC), Ether, private equity fund, plus a fund that invests in a basket of cryptoassets. The team says the funds will give institutional...
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XRP Is Worth More Today Than Before SEC Lawsuit Against Ripple. That's higher than where the price was before the SEC filed a $1.3 billion lawsuit against Ripple Labs.On December 18, 2020, four days before the suit, XRP was worth $0.58 with a market cap under $27 billion. Or, armed with the agency’s criteria for determining which crypto assets are securities, Ripple could argue that it shares the characteristics of Bitcoin and Ether. XRP’s most recent price surge—the token briefly touched $0.60 in February before dipping to $0.41 two weeks later—may signal that investors believe the cryptocurrency, and the firm behind it, can survive the SEC’s case, especially after stablecoin issuer Tether escaped a years-long New York Attorney General’s Office investigation into financial fraud with an $18.5 million fine but no admission of guilt