XRP Whales On A Move Over Updated Schedule In XRP lawsuit

Attorney James Filan reported that Sealed replies to summary judgment oppositions are due by November 30, 2022. While conference redactions will be due by December 2, 2022. He added that redacted replies are due by December 12.

As per whaleAlert, Whales have moved around 85 million XRP since the news broke out.

RBI Announces Retail CBDC Pilot Launch Date

As per the press release, the first pilot of retail e-rupees, a version of CBDC by the Reserve Bank of India, will start on December 1. The pilot will cover selected locations of a Closed User Group (CUG) made up of participating customers and merchants.

According to RBI, the digital rupee in the retail segment comes in the form of digital tokens, which are legal tender. It will be issued in the same denomination as paper currency and coins currently in circulation. Transactions can be both Person to Person (P2P) and Person to Merchant (P2M).

Ronaldo Ahead Of Messi In Fan Token

FIFA World Cup 2022 boosted the interest in cryptocurrency associated with sports teams. According to a Paris-based crypto data firm Kaiko, the average daily trading volume for these tokens increased to around $300 million in November from $32 million the previous month.

Cristiano Ronaldo’s coin surged 119% to $7 in the 10 days leading up to the tournament but was almost halved in value despite being undefeated.

Did Apple threaten To Remove Twitter From App Store?

On Monday, Elon Musk tweeted that Apple is allegedly threatening to “withhold” Twitter from its App Store, without specifying the reasons.

Ripple Counsel Blames SEC For BlockFi Bankruptcy?

Stuart Alderoty, Ripple General Counsel mentioned BlockFi bankruptcy filing and called it another SEC “Regulation by enforcement” success story.

He stated that this bankruptcy filing comes after a $100 million BlockFi and SEC deal

Mark Cuban Asks Elon Musk For Twitter's Bill Of Rights

American billionaire Mark Cuban in a tweet questioned Elon Musk about free speech. Referring to Elon as the judge and jury of Twitter, Cuban said to have no idea about “what Free Speech on Twitter”.

He specified that there is no transparency and asked Elon for Twitter Bills of Rights. Recently Hate Speech on Elon’s Twitter has become a major topic of discussion. Elon replied to a Twitter user that the battle is for the future of civilization and if they lost free speech in America then tyranny is ahead.

BlockFi Creditors Exceed 100K

As per reports, BlockFi’s creditors exceed 100k while its asset and liabilities are between $1 billion to $10 billion. Ankura, a Trust Company is its largest creditor which owes over $729 million. The same company is the trustee of BlockFi’s interest account.

Bitcoin Price Up By 2%

Bitcoin price is up by 2% over the last 24 hours. BTC is trading at an average price of $16,479, at the press time. Its 24 hour trading volume is marginally up to stand at $25.2 billion.

Crypto Market Recovers

The global digital asset market witnessed a broad recovery on Tuesday morning.

The crypto market cap is up by over 2% over the past day. It now stands at $836 billion. Its 24 hour trading volume is up by 2.3% to stand at $46.5 billion.