The crypto market closes another week with remarkable developments unfolding across the broader sector.
Bitcoin (BTC) price gained 1% over the past seven days and closed the week at the $62K level in light of the latest U.S. CPI. Further, XRP price also gained nearly 1% over the past week after a highly volatile movement amid recent lawsuit developments. Also, this week saw a stockpile of enhanced trade offerings as exchanges revealed numerous token listings.
Here’s a brief collection of some of the most buzzworthy crypto market updates reported by CoinGape Media over the past week.
Ripple Files Cross-Appeal In XRP Lawsuit
In a riveting turn of events, American blockchain payments company Ripple announced that it has filed a cross-appeal against the U.S. SEC regarding the final judgment in the XRP lawsuit. Filed in the U.S. District Court for the Southern District of New York, the document stated that Ripple Labs cross-appeals to the U.S. Court of Appeals for the Second Circuit from the final judgment in the XRP lawsuit.
Meanwhile, the cross-appeal comes against the backdrop of a notice of appeal filed by the U.S. SEC, challenging Judge Analisa Torres’ final judgment in the lawsuit. Simultaneously, XRP whales nabbed significant attention amid the lawsuit developments this week, moving millions of coins to and fro exchanges.
The crypto XRP price gained roughly 1% over the past seven days and traded at $0.537 at press time.
Binance & Robinhood Enhance Crypto Trade Offerings
Meanwhile, the exchanges Binance and Robinhood revolutionized trade offerings for users globally. Binance issued a crucial update on the withdrawal and conversion of ten tokens this week, including TORN, VAI, OMG, WAVES, XEM, BOND, DOCK, MDX, POLS, and PURSE. Simultaneously, the Bytecode-level compatible zkEVM rollup, Scroll (SCR), secured a spot as the 60th project on Binance launchpool this week.
In addition, the leading exchange also revealed backing for BNSOL (Binance staked SOL), sparking optimism. In the interim, Robinhood Crypto EU revealed that it is now supporting Render Network (RENDER) trading on the platform. This listing has, in turn, sparked sentiments of a RENDER price rally to $10 ahead. Altogether, the broader market witnessed remarkable developments this week, garnering investor attention across the globe.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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