Weekly Recap in the cryptocurrency space.
• US judge rules Ripple XRP is not a security.
• US inflation falls to 3%, lower than expectations.
• Europe to launch first spot Bitcoin ETF this month.
• Former SEC Chairman says Spot Bitcoin ETFs should be approved.
• Coinbase relists Ripple XRP.
• $9 trillion asset manager, BlackRock, CEO says crypto will transcend international currencies due to global demand.
• SEC acknowledges BlackRock’s Spot Bitcoin ETF application.
• SEC acknowledges Fidelity, VanEck, WidsomTree, and Invesco Spot Bitcoin ETF applications.
• Bank of America ordered to pay $250 million for charging illegal fees and opening credit-card accounts without customer consent.
• Australian Securities Exchange receives its first spot Bitcoin ETF application.