Shares of crypto-related stocks are trading higher after a US judge ruled that Ripple sales do not constitute an offer of investment contracts.
Portfolio Pulse from Benzinga Newsdesk
Crypto-related stocks are trading higher following a US judge's ruling that Ripple sales do not constitute an offer of investment contracts.
July 13, 2023 | 6:28 pm
News sentiment analysis
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POSITIVE IMPACT
Bit Digital (BTBT) may see a positive impact as crypto-related stocks are trading higher.
As a company involved in the crypto industry, Bit Digital (BTBT) is likely to be positively impacted by the overall positive sentiment in the market following the Ripple ruling.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Canaan (CAN) may see a positive impact as crypto-related stocks are trading higher.
As a company involved in the crypto industry, Canaan (CAN) is likely to be positively impacted by the overall positive sentiment in the market following the Ripple ruling.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Cipher Mining (CIFR) may see a positive impact as crypto-related stocks are trading higher.
As a company involved in the crypto industry, Cipher Mining (CIFR) is likely to be positively impacted by the overall positive sentiment in the market following the Ripple ruling.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
CleanSpark (CLSK) may see a positive impact as crypto-related stocks are trading higher.
As a company involved in the crypto industry, CleanSpark (CLSK) is likely to be positively impacted by the overall positive sentiment in the market following the Ripple ruling.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Ebang International (EBON) may see a positive impact as crypto-related stocks are trading higher.
As a company involved in the crypto industry, Ebang International (EBON) is likely to be positively impacted by the overall positive sentiment in the market following the Ripple ruling.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50