Chain News Daily Today TheBitTimes.com

Author | Jinze, Chairman of Muse Labs, former Chief Researcher of Binance China When the S&P index confidently posted a positive candlestick in the early trading on Friday, traders were unaware that the midnight fax machines in Washington were spitting out earth-shattering documents that would rewrite the globalization script. With just one official document, the Trump administration pushed the trade war between the United States and other countries into the “mutually assured destruction” nuclear deterrence stage. Following the article from the day before yesterday, the relatively mild tariff scenario I had anticipated did not materialize. Instead, there was a full-scale tax increase, with only the energy sector exempted. Moreover, Canada did not back down and immediately retaliated by imposing 25% countervailing tariffs on $155 billion worth of US goods. This has in turn triggered the US tariff cross-retaliation clause, indicating that the situation is escalating. Therefore, the e...

The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty said the US Securities and Exchange Commission (SEC) lawsuit against the company has become “just noise.” XRP soared to as high as $3.18 in the past 24 hours, but has since pared gains to trade at $3.06 as of 3:02 a.m. EST. SEC Appeal Brief A “Rehash Of Already Failed Arguments”  Alderoty’s remarks and XRP’s surge came after the SEC filed its opening brief to appeal a final order that was delivered by Judge Analisa Torres of the US District Court for the Southern District of New York.  #XRPCommunity #SECGov v. #Ripple #XRP @Ripple The @SECGov has filed its opening brief.https://t.co/v0YTjHGxzV — James K. Filan 🇺🇸🇮🇪 (@FilanLaw) January 15, 2025 In its brief, the regulator said that Ripple executives Brad Garlinghouse and Chris Larsen “offered and sold over $2 billion of ...