The crypto market is closing out another week with remarkable developments across the industry.
Bitcoin (BTC) price gained 1% over the last seven days and closed the week at the $62,000 level in light of the latest US CPI. Furthermore, XRP price has also gained almost 1% over the past week after a highly volatile move amid recent lawsuit developments. Additionally, this week saw a stock of enhanced trading offerings as exchanges revealed numerous token listings.
Here is a brief collection of some of the most interesting crypto market updates reported by CoinGape Media over the past week.
Ripple files cross-appeal in XRP lawsuit
In a fascinating turn of events, US blockchain payments company Ripple has announced that it has filed a cross-appeal against the US 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-appealed to the U.S. Court of Appeals for the Second Circuit against the final judgment in the XRP lawsuit.
Meanwhile, the cross-appeal comes against the backdrop of a notice of appeal filed by the US SEC, challenging Judge Analisa Torres’ final judgment in the lawsuit. Simultaneously, XRP whales have attracted particular attention amid the trial developments this week, moving millions of coins back and forth across exchanges.
The XRP crypto price has gained around 1% over the past seven days and was trading at $0.537 at press time.
Binance and Robinhood upgrade their crypto trading offerings
Meanwhile, exchanges Binance and Robinhood have revolutionized trading offerings for users around the world. Binance released a crucial update this week on the withdrawal and conversion of ten tokens, 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 the Binance launch pool this week.
Additionally, the leading exchange also revealed its support for BNSOL (Binance jealous SOL), sparking optimism. Meanwhile, Robinhood Crypto EU has revealed that it now supports Render Network (RENDER) trading on the platform. This quote has, in turn, sparked sentiment of a price hike of RENDER to $10 coming soon. Overall, the entire market saw remarkable developments this week, attracting the attention of investors around the world.
Quince stick
CoinGape includes an experienced team of native content writers and editors working around the clock to cover global news and present news as fact rather than opinion. CoinGape writers and journalists contributed to this article.
Disclaimer: Content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
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