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Crypto Altcoins Outperform as Ripple Court Ruling Spurs FOMO.
- Source :
- Bloomberg.com; 7/14/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Smaller, lesser-known digital tokens such as Solana and Avalanche are outperforming Bitcoin this week after a federal court decision in a case involving Ripple Labs Inc. fuels a "fear of missing out" impulse among cryptocurrency proponents. The SEC lawsuit against Ripple Labs has kept crypto on edge since 2020 by raising the prospect that digital tokens are securities that fall under the agency's strict regulatory purview. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 164939268