![Ripple could sell 300 million XRP in July from treasury reserves](/image/6684321375ef9.jpg)
Ripple has prepared its treasury account for a significant monthly XRP selling activity. The company has reserved 300 million XRP … Continue reading The post Ripple could sell 300 million XRP in July from treasury reserves appeared first on Finbold .
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Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
![Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily mining revenue per petahash of](/image/6686c4aa8c545.jpg)
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily mining revenue per petahash of Finbold
![In a significant judicial development, a U.S. court in Illinois has ruled in favor of the Commodity Futures Trading Commission (CFTC), classifying the altcoins Olympus (OHM) and KlimaDAO (KLIMA) as commodities. This decision stands in stark contrast to the Securities and Exchange Commission’s (SEC) stance, which categorizes most altcoins as securities. Additionally, the court ordered](/image/6686c38035ebc.jpg)
US Court Backs CFTC: Declares Olympus (OHM) and KlimaDAO (KLIMA) as Commodities
In a significant judicial development, a U.S. court in Illinois has ruled in favor of the Commodity Futures Trading Commission (CFTC), classifying the altcoins Olympus (OHM) and KlimaDAO (KLIMA) as commodities. This decision stands in stark contrast to the Securities and Exchange Commission’s (SEC) stance, which categorizes most altcoins as securities. Additionally, the court ordered Finbold