$NOT

Technical analysis:

Bollinger Bands indicator:

Upper boundary (UP): 0.010359.

Average line (MB): 0.007925.

Lower boundary (DN): 0.005491.

The price is closer to the lower boundary, which may indicate oversold conditions. A bounce from this zone is possible, but confirmation of volume growth is needed for certainty.

Ripple General Counsel Stuart Alderothy confirmed that the SEC has not appealed the court's ruling that XRP is not a security. This remains a major victory for the blockchain company, as it ensures that the token will not be subject to further scrutiny under securities laws.

The U.S. Securities and Exchange Commission (SEC) has taken steps to appeal previous court decisions regarding the distribution of Ripple's XRP token.

The agency filed a preliminary civil appeal (Form C).
In December 2020, the SEC filed a lawsuit against Ripple, accusing the company of selling $1.3 billion in unregistered securities in the form of XRP. CEO Brad Garlinghouse and co-founder Chris Larsen were also named as defendants in the case.

On-chain data tracking platform Arkham Intelligence plans to launch its own cryptocurrency derivatives exchange in November, Bloomberg reported, citing sources.
According to him, the startup will move its operations from London and New York to the Dominican Republic. It is currently allegedly in the process of obtaining the necessary license.

Days after the US government announced unprecedented criminal and civil charges against four cryptocurrency companies for market manipulation and “wash trading,” meme coin projects dependent on those same firms have begun trying to distance themselves from the fallout.

Ripple Labs co-founder Chris Larsen has donated $1 million worth of XRP cryptocurrency to a Democratic-leaning political action committee (PAC) in support of Democratic presidential candidate Kamala Harris.
A blockchain technology executive donated 1,754,815.29 XRP, worth about $1 million, on Aug. 14, according to an FEC report released this week. The funds were funneled through Future Forward USA, a Democratic-affiliated super PAC that has raised more than $200 million during the 2023-24 election cycle, data from campaign finance nonprofit Open Secrets shows.

The management of the bankrupt bitcoin exchange Mt.Gox has warned that the deadline for paying compensation will be postponed from October 31, 2024 to October 31, 2025.
"Because it is desirable to make payments to the rehabilitation creditors to the extent practicable, the trustee, with the leave of the court, has amended the repayment deadline from October 31, 2024, to October 31, 2025," the statement said.

Bitwise analysts have released a global report on the crypto market for Q3 2024, examining the performance of the largest blockchains, key trends, and major events.
“[During the reporting period], cryptocurrency prices were flat. The Bitwise 10 Large Cap Crypto Index ended the quarter down 3.5%, one of the smallest price movements in the history of cryptocurrencies. But the apparent calm masked enormous progress,” the document says.

A judge in Abuja has denied bail for Binance VP of Global Intelligence and Investigations Tigran Gambaryan.
The decision was made despite clearly proven medical grounds and is contrary to Nigerian judicial practice, the press release said.

On the evening of October 10, the price of the first cryptocurrency dropped below $59,000 before returning above $60,000. Selling pressure was caused by disappointing macro data from the US and the SEC lawsuit against market maker Cumberland.
The regulator accused the firm of operating as an “unregistered dealer” in cryptocurrency transactions. According to the agency’s statement, the company profited from sales of digital assets, treating them as “sales of exchange-traded goods.”

US prosecutors have asked the court to sentence Heather Morgan to 18 months in prison for her role in laundering 119,754 BTC stolen from the Bitfinex exchange in 2016.
In 2022, law enforcement officers detained the spouses involved in the hacking - 34-year-old Ilya Lichtenstein and 31-year-old Morgan. More than 94,000 BTC worth $3.6 billion at the time were seized from them.

Gaming ecosystem Solana has launched Sonic X, a one-tap earning game originally developed for TikTok that is vying to be the next “Notcoin.”
Tap-to-earn has taken over the crypto gaming landscape this summer, as Telegram-powered mini-apps have attracted over 300 million concurrent players. But a Solana-powered project has launched a tap-to-earn game called SonicX that runs natively inside TikTok, aiming to become the Notcoin of the social media platform beloved by Gen Z.

Bitcoin Continues to Disappoint Investors. Despite Positive Forecasts, BTC Is Dangerously Far From $60,000
We explain why BTC failed to make a successful start in October and when, according to one of the most respected analysts in the crypto community, Bitcoin will manage to reach $135,000

Russian hackers are using “Deepnude AI generators” — software that creates nude images of girls after uploading their photos — to infect users’ devices with viruses, according to a report from security firm Silent Push.
According to experts, the hacker group FIN7 created at least seven websites and posted on them an offer to use a tool for "undressing" girls. Potential victims are asked to download malicious files that can compromise credentials or install ransomware on the device.

Bitfinex is currently the only claimant for damages from the 2016 hack, when 119,754 BTC were stolen from the platform, according to court documents.
The U.S. government said in a statement that it was not aware of any other parties entitled to compensation. However, authorities will proceed carefully to ensure that no potential victims are overlooked.