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Several Layer 1 tokens are soaring as SEC cases are called into question after a favorable XRP ruling.

Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.

Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
A federal judge on Thursday ruled he sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts.

The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.

The latest price moves in crypto markets in context for July 13, 2023.

Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.

The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
- 23:38Overview of Major Overnight Developments on September 1821:00 (UTC+8) - 7:00 Keywords: rate cut, ETF, CME, DeepSeek-R1 1. The Federal Reserve cut interest rates by 25 basis points, in line with market expectations; 2. Powell: This rate cut is a risk management cut; 3. CME will launch Solana and XRP futures options on October 13; 4. The DeepSeek-R1 paper appeared on the cover of Nature, with Liang Wenfeng as the corresponding author; 5. Due to a weak labor market and reduced inflation risks, the Bank of Canada cut interest rates by 25 basis points; 6. New York financial regulators require banks to adopt blockchain analytics technology to combat illegal activities; 7. Federal Reserve dot plot: overall more dovish, with one official expecting a 150 basis point rate cut within the year; 8. The US SEC approved general listing standards for commodity trust shares, easing the listing process for digital asset ETFs.
- 23:33CME Group plans to launch SOL and XRP futures optionsChainCatcher news, according to The Block, CME Group plans to launch Solana (SOL) and Ripple (XRP) futures options on October 13, pending regulatory review. CME Group stated on Wednesday that the new contracts will cover standard and micro options on SOL and XRP futures, with expiration dates divided into daily, monthly, and quarterly. The addition of these options is intended to provide institutional investors and active traders with greater flexibility in managing risk exposure to these two cryptocurrencies. Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, said that the plan to launch these options is due to the "significant growth and increasing liquidity" of SOL and XRP futures on the exchange.
- 22:44Nvidia announces $683 million investment in Nscale, a spin-off company from a crypto mining firmAccording to ChainCatcher, citing Bloomberg, Nvidia has announced an investment of $683 million in the UK-based artificial intelligence infrastructure company Nscale, which was spun off from a cryptocurrency miner in 2024. Nvidia CEO Jensen Huang stated that the investment in Nscale, the AI division under cryptocurrency mining company Arkon Energy, is an important step in advancing the UK's artificial intelligence infrastructure. Nscale was spun off from Arkon in May 2024, aiming to provide AI cloud services across Europe.