Cameron Winklevoss Slams Biden's 'War On Crypto' After New Poll Shows Pro-Bitcoin Presidential Candidate RFK Jr Gaining Favor
Portfolio Pulse from Mehab Qureshi
Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, criticized the Biden administration's stance on cryptocurrencies. This comes as a recent poll shows 2024 Democratic presidential contender Robert F. Kennedy Jr. gaining favorability. Winklevoss's criticism coincides with a legal development involving the SEC, which had filed a lawsuit against Ripple Labs. However, a court ruling determined that XRP, the cryptocurrency in question, does not qualify as a security. XRP was trading at $0.079, up 65% in the last 24 hours.

July 14, 2023 | 10:31 am
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A court ruling determined that XRP, the cryptocurrency in question in a lawsuit filed by the SEC against Ripple Labs, does not qualify as a security. This news coincided with a 65% increase in XRP's price in the last 24 hours.
The court ruling that XRP is not a security is a significant legal victory for Ripple Labs, potentially reducing regulatory risks for the cryptocurrency. This news likely contributed to the sharp increase in XRP's price.
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