U.S. API Cushing Crude Oil Inventories for the week ending December 12

Bears and Bulls Fight for This Altcoin! Who will win? Ripple witnessed a strong bull run after its SEC victory. However, it later gave back its gains along with the negative mood in the market. However, the bulls have not given up on the bears' strength. Bulls and bears continue to fight for the altcoin. So who is closer to winning? Altcoin tries to find balance in price volatility As you follow, the cryptocurrency market has lost its previous gains. Currently, the total cryptocurrency market cap has dropped to $1.05 trillion. Thus, the market has returned to a bearish trend. XRP has been at the forefront of affected altcoin projects as previous moves in the market have been swept away by the current drop in prices. At press time, XRP is changing hands at $0.5129, down 4.15% in the last 24 hours. Meanwhile, XRP bulls have been quite active before. Because the coin rose up to 4% in early trades after losing all its gains. Despite the marked price drop, the trading volume of cryptocurrencies shows a difference in action between bulls and bears. Altcoin trading volume has also increased by 3.2% in the last 24 hours, thus the volume has reached $1.418 billion. Bears have more advantage in XRP, but… Crypto analyst Godfrey Benjamin shares the following considerations for the future of XRP. The outlook is currently bearish. However, the struggle for dominance between buyers and sellers continues. We continue to watch who will win this one. However, as a volatile market, the current trend is favorable for bears. However, whether the current trend will be significant depends on the overall market sentiment. XRP is owned by blockchain payments firm Ripple Labs Inc., associated with the United States Securities and Exchange Commission (SEC). It remains an attractive altcoin, although there is a slight uncertainty in its future, according to the ongoing litigation. With the regulator filing an Appeal against Judge Analisa Torres' decision to declare XRP a non-security when traded on exchanges, the bulls remain in their positions to know how the dispute will unfold in the near future. What's on the horizon for altcoin? Meanwhile, industry experts see XRP as a cryptocurrency that sits on turbo engines and is ready to rise in the long run. The current XRP decision is valid for now. It continues to be traded on exchanges in the US that have relisted cryptocurrencies over the past few weeks. However, the case is not yet over. Therefore, critical developments in the case are likely to have a serious impact on the altcoin price. #ContentStar #BountyCreator #GateioBountyCreator #NewsMessenger #GateLive #contentstar #MyFancyCreator #HotTopicDiscussion #EasterEggHunt #NewYearCelebration #ContentMining #İçerikYıldızı #BOSSNIGHT #CryptoObservers #Gateio10周年

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🥸 Trump to Speak at Bitcoin Conference Despite Assassination Attempt Former U.S. President Donald Trump has confirmed his participation in the Bitcoin Conference in Nashville, despite a recent assassination attempt in Pennsylvania. The organizers have announced that they will enhance security measures. ✔️ BTC Inc. CEO David Bailey assured that Trump’s team is in good spirits and ready for the event. “I spoke with Trump’s team, and he is in good spirits and eager to see you all in Nashville to deliver a speech that will be heard worldwide,” Bailey wrote on X. #Gate Post Highlights #HotTopicDiscussion #Crypto #moonspid

The U.S. Securities and Exchange Commission (SEC) faced major repercussions after a federal judge concluded that the agency had misused its authority in a case against a crypto firm. Two SEC lawyers, Michael Welsh and Joseph Watkins, reportedly resigned this month following severe criticism from the judge regarding the agency’s tactics. The two lawyers served as lead attorneys in the SEC’s case against Digital Licensing Inc., a cryptocurrency platform also known as Debt Box. Sources familiar with the situation revealed to Bloomberg Monday that an SEC official informed the lawyers that they would be terminated if they did not resign. The SEC accused Debt Box of defrauding investors and requested the court to freeze the company’s assets and put it under receivership. However, Judge Robert Shelby later discovered that the SEC’s case relied on false statements and lacked substantial evidence. Criticizing the arguments presented by Welsh and the evidence provided by Watkins, the judge concluded that the SEC had made “materially false and misleading representations” in its lawsuit against the cryptocurrency firm.Judge Shelby sanctioned the SEC for its “gross abuse of power.” The SEC’s enforcement chief and Welsh subsequently apologized to the court. The securities regulator stated that it “deeply regrets” the errors made in the case against Debt Box and promised to “conduct mandatory training” for staff involved to avoid similar errors in the future. The SEC has attempted to dismiss the case against the crypto firm without prejudice, but a final decision from the judge is pending. In February, five U.S. senators expressed their concerns to SEC Chairman Gary Gensler regarding the agency’s enforcement action against Debt Box. The lawmakers stressed: “We are greatly concerned by the Commission’s conduct in this case.”

🐲 BTC pullback, alts are generally fall; Grayscale withdraws Ethereum futures ETF application; LayerZero says employees are strictly prohibited from claiming Airdrops...