Let’s check out the most important news and trends on the crypto market in July.
zondacrypto Team
14 August 2023
19 September 2023
Ripple’s Victory against the SEC
Ripple scored a major victory in its years-long legal battle with the SEC. US judge Analisa Torres delivered a verdict that despite the SEC’s allegations, Ripple is not a security. The news spread like wildfire through the crypto market, and XRP witnessed a massive price rally of over 70% in less than an hour. The price fell somewhat during the following weeks, but the news managed to propel interests in XRP to new highs. However, the SEC’s appeal still may have a slim chance of overturning the verdict.
New Crypto Regulations
In the wake of the EU MiCA regulation, more and more jurisdictions are introducing crypto regulations in hope of setting clear rules regarding cryptocurrencies. In the US, the Financial Innovation and Technology for the 21st Century Act aims to prescribe operating rules and financial requirements for companies planning to issue cryptocurrencies, with special focus on stablecoin issuers. Also, the US Congress is considering the adoption of the Crypto Asset National Security Enhancement Act of 2023, which will regulate the use of DeFi protocols and require them to add KYC measures to prevent illegal activities and money laundering.
Possible Bitcoin ETF Approval on the Horizon
Against all odds, the US SEC has accepted six proposals for Bitcoin exchange traded funds (ETFs) in the US for review. If approved, these Bitcoin ETFs will introduce multi-billion dollar capital from traditional financial institutions and investment funds into the crypto market. The companies that filed Bitcoin ETFs include major investment giants like BlackRock and Fidelity.
DISCLAIMER
This content does not constitute investment advice, financial advice, trading advice or any other type of advice and should not be considered as such; zondacrypto does not recommend buying, selling or owning any cryptocurrency. Investing in cryptocurrencies involves a high degree of risk. There is a risk of losing invested funds due to changes in cryptocurrency exchange rates.
Today, we would like to talk about blockchain operations from the side of the protocols. Their collaboration aims to come as close as possible to solving the blockchain trilemma. Find out how this interconnected system works!
Finanza Digitale: Cryptocurrency platform zondacrypto selects Giorgio Chiellini as brand ambassador
Italian Digital Finance describes zondacrypto as a well-known online cryptocurrency trading platform that has become a sponsor of Juventus and the Giro d'Italia, with Giorgio Chiellini as its ambassador.
Sport marketing: Our partnership with Juventus and Raków is just the beginning
In an interview with Sport Marketing, we talk about how zondacrypto brings the worlds of sport and finance together. We also reveal what our growth plans are for the coming year.
Telewizja Biznesowa: What will the cryptocurrency law change?
We encourage you to watch and listen to a discussion about the new cryptocurrency law in Poland, during which our CEO, Przemysław Kral, provides insight into the current market situation.
Sport marketing: Polish company will be visible in the Champions League
The partnership with Juventus football club has been a success for zondacrypto, a cryptocurrency exchange licensed in Italy. The Italian market has become the second most important market in Europe for the company. zondacrypto plans to invest further in sports sponsorship, including women's sports.
wprost biznes: Cooperation of leaders from different industries
The cryptocurrency exchange zondacrypto has partnered with the Giro d'Italia to promote its services and educate about cryptocurrencies. The company plans further activities in the sport and as well as developing its products, including releasing a new mobile app.
wprost: In the special feature on the Giro d'Italia, an interview with the race partner – zondacrypto
In a special feature in the 'wprost' newspaper, we share our heartfelt commitment to cycling and the exhilarating atmosphere of cheering at the Giro d'Italia. zondacrypto's CEO Przemyslaw Kral talks about the merging of the worlds of sport and cycling and a special competition for race fans.
wprost sport: A collaboration at the crossroads of finance and football. zondacrypto and Juventus FC
We are investing in the sports market. Our new partnership with Juventus FC marks a significant milestone in the global growth of our exchange. For more details, see the ‘wprost sport’ interview with Przemysław Kral, CEO of the company.
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