The cryptocurrency market closed last week with notable developments across the sector. Price fluctuations were observed in leading cryptocurrencies such as Bitcoin 
$98,565 and XRP. Additionally, new token listings gained attention on various exchanges.
Ripple Files Counterclaim in Legal Battle
American blockchain payment company Ripple 
$2 filed a counterclaim against the U.S. SEC regarding the XRP case. Ripple Labs has appealed to the Second Circuit Court of Appeals against the final decision in the XRP lawsuit. This case is a significant part of the legal proceedings between Ripple and the SEC.
Binance and Robinhood Expand Crypto Trading Options
Exchanges Binance and Robinhood have increased their trading options for users. Binance provided important updates this week concerning the withdrawal and conversion of ten different tokens. Additionally, the Scroll (SCR) project became the 60th listing on Binance Launchpool. Robinhood started supporting the trading of Render Network (RENDER).
During the past week, Bitcoin closed at approximately $62,000, marking a 1% increase, while XRP also gained around 1% in value. The volatility of XRP’s price has been influenced by recent developments in the lawsuit.
Binance also supported BNSOL (Binance Staked SOL), creating a positive impact among investors. Following the success of Robinhood’s RENDER listing, expectations for a price increase of this token emerged.
In the course of the XRP lawsuit, large investors drew attention by transferring millions of coins. This activity significantly impacted the market, attracting the interest of investors.
Overall, the cryptocurrency market experienced many significant developments this week, capturing the attention of investors worldwide. These market movements not only present various opportunities for investors but also suggest that legal processes and exchange updates may play a crucial role in shaping future market trends.
