Happy Times as XRP Ruled "Not a Security" and Inflation Continuing to Decline in U.S.

Written by ulriklykke | Published 2023/07/14
Tech Story Tags: bitcoin | inflation | xrp | crypto-news | cryptocurrency | crypto | newsletter | united-states

TLDRUS inflation cooled down to 3% in June, as per the latest CPI update by the Bureau of Labor Statistics. This is the lowest rate at which consumer prices have grown since March 2021. Standard Chartered estimates that BTC could hit $50,000 this year and reach as high as $120,000 by the end of 2024. In a significant decision, a US Judge declared that Ripple's sales and other forms of XRP distribution do not meet the criteria of investment contracts. via the TL;DR App

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Written by ulriklykke | Author of the Bitcoin Global Macro, a newsletter focusing on digital assets, macro insights & investment ideas.
Published by HackerNoon on 2023/07/14