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Second-biggest token ether had its best session since March on Thursday and XRP, which the U.S. judge ruled could be legally sold on public crypto exchanges, soared 73% on Thursday and held most of these gains on Friday. Helped by a surge in Tesla Inc, which jumped as much as 5.7%, the S&P 500 rose to levels last seen in August before receding by mid-day to be little changed. The Nasd

Second-biggest token ether had its best session since March on Thursday and XRP, which the U.S. judge ruled could be legally sold on public crypto exchanges, soared 73% on Thursday and held most of these gains on Friday. Helped by a surge in Tesla Inc, which jumped as much as 5.7%, the S&P 500 rose to levels last seen in August before receding by mid-day to be little changed. The Nasd

"It's important to note that recent regulatory actions are aimed at ensuring that companies operating in the cryptocurrency industry are complying with securities laws and protecting investors - this will always be their goal," said Joshua Chu, group chief risk officer at blockchain technology firms XBE, Coinllectibles and Marvion. Two-year Treasury yields, which are extremely sensitive to mone

The lawsuits against Binance and Coinbase Global have increased fears the crypto market's ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance's biggest competitor, last year. The prospect of a deal, which reportedly includes scope for an additional 1 million barrels per day of Iranian production, had knocked down West

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