Najuk Priya, Author at PanAsiaBiz.com

Get Exposure to Bitcoin Without Buying It Directly: YieldMax’s MicroStrategy ETF

December 8, 2023 Najuk Priya 0

YieldMax, a private ETF provider, has sent a proposal to the U.S. Securities and Exchange Commission (SEC) to come up with that one-of-a-kind ETF product […]

‘The Archies’ Review: A Sparkling Debut or a Missed Opportunity?

December 8, 2023 Najuk Priya 0

Hindi movie “The Archies” starring Agastya Nanda as Archibald “Archie” Andrews, Khushi Kapoor as Betty Cooper, and Suhana Khan as Veronica “Ronnie” Lodge released worldwide […]

Crypto Miners Flee China as Crackdown Intensifies

Bitcoin ETF from JP Morgan: ‘Gamechanger’

December 7, 2023 Najuk Priya 0

Nate Geraci on December 7, 2023 through platform X hinted that JP Morgan might launch a bitcoin. Indirectly speaking he might make the job of […]

XRP Price Explodes Over 70% as Judge Rules In Favor of Ripple in SEC Case XRP, the native cryptocurrency of the Ripple network, has surged by more than 70% in the past 24 hours, reaching its highest level since May. The price spike came after a U.S. judge denied the Securities and Exchange Commission's (SEC) request to access Ripple's legal communications. What is the SEC's lawsuit against Ripple? The SEC filed a lawsuit against Ripple and its executives in December 2020, alleging that they sold $1.3 billion worth of XRP as unregistered securities. Ripple has argued that XRP is not a security, but a digital asset that is used for cross-border payments and remittances. The company also claimed that the SEC did not provide fair notice to the market about its regulatory status. How did the judge rule in favor of Ripple? On June 30, U.S. Magistrate Judge Sarah Netburn denied the SEC's motion to compel Ripple to produce documents related to its legal advice on XRP. The judge ruled that Ripple's communications with its lawyers are protected by attorney-client privilege, and that the SEC failed to show a "substantial need" to access them. The judge also noted that the SEC's request was "overly broad" and "disproportionate". What does this mean for XRP and the crypto market? The judge's ruling is seen as a major victory for Ripple and a setback for the SEC, as it could weaken the agency's case against the company. The ruling also boosted the confidence of XRP investors, who have been waiting for a resolution of the legal dispute. XRP's price jumped from around $0.6 to over $1 in a matter of hours, making it one of the best-performing cryptocurrencies in the market. The rally also lifted other altcoins, such as Stellar, Cardano, and Dogecoin. What are the next steps in the lawsuit? The lawsuit is still ongoing, and both parties are expected to continue their discovery process until August 31. The SEC has also filed a motion to extend the deadline for fact discovery by 60 days, citing the complexity of the case and the need for more time to review documents. Ripple has opposed this motion, arguing that it would cause further harm to its business and customers. The judge has not yet ruled on this motion. Conclusion XRP's price has exploded over 70% as a U.S. judge ruled in favor of Ripple in its lawsuit with the SEC. The ruling denied the SEC's request to access Ripple's legal communications, which are protected by attorney-client privilege. The ruling is seen as a major win for Ripple and a boost for XRP investors, who have been waiting for a positive outcome of the case. The lawsuit is still ongoing, and both parties are expected to continue their discovery process until August 31.

XRP remains outside Ripple’s Liquidity Club even after 5 months? Here’s how Ripple CTO reacts

December 2, 2023 Najuk Priya 0

Ripple has expanded its Liquidity Hub program to include stablecoins USDT and USDC products, especially for institutional investors. However, it became embroiled in a slew […]

'Pathaan' controversy: 'Will burn Shahrukh Khan alive'; Ayodhya seer on Deepika Padukone's saffron attire

Deepika Padukone Unfazed by Sidharth Mallya’s Alleged Remarks

November 9, 2023 Najuk Priya 0

Actress Deepika Padukone has remained silent following allegations made by businessman Sidharth Mallya that she had forgotten about expensive gifts he had given her during […]

Watch: Couple Caught Kissing in Delhi Metro Coach; Video Goes Viral

October 3, 2023 Najuk Priya 0

A video of a couple kissing in a Delhi Metro coach has gone viral on social media, sparking a debate about public displays of affection (PDA) in India.

Rupert Murdoch Steps Down as Chair of Fox and News Corp, Passing Baton to Son Lachlan

September 21, 2023 Najuk Priya 0

Murdoch has been a towering figure in the media industry since he founded News Corporation in Australia in 1952. He has built a vast empire of newspapers, television networks, and film studios, including Fox Corporation, The Wall Street Journal, and HarperCollins.

Leaked videos expose secret lives of Iran’s morality police

August 12, 2023 Najuk Priya 1

In a shocking development, leaked videos have revealed the secret lives of high-ranking officials of Iran’s morality police. The videos show the officials engaging in […]

Ripple Chief Monica Long Makes the Case for Crypto in the New York Times

Ripple’s Stellar Performance Makes it a Top Contender in the Global Fintech Landscape

August 4, 2023 Najuk Priya 1

The price of Ripple (XRP) has soared to new heights in recent days, joining the ranks of global fintech giants like PayPal and Revolut. As […]

Nuh Violence: FIR Alleges Well-Planned Conspiracy, Crowd of 600-700 Attacked Cops

August 3, 2023 Najuk Priya 0

Nuh, Haryana (August 3, 2023) – The violence that erupted in Haryana’s Nuh district on Monday was a “well-planned conspiracy”, according to one of the […]

‘Pizza 3: The Mummy’ Review: A Terrifying Tale of Murder and Mystery

July 27, 2023 Najuk Priya 0

“Pizza 3 The Mummy” is a 2023 Tamil horror thriller film releasing Friday July 28, 2023, across India. Directed by Mohan Govind, the movie stars […]

'Hidimbha' Telugu Movie review: Silent Love, Silent Revenge

Telugu Movie ‘Hidimba’ Review: Silent Love, Silent Revenge

July 19, 2023 Najuk Priya 1

The “Hidimbha’ movie is scheduled for a pan-India release on July 21, 2023. The film’s lead roles feature Ashwin Babu, Nandita Shwetha, and Makrand Deshpande. […]

Gigi Hadid flaunts ‘dragon tattoo’ on hip in bikini pics on Instagram

Gigi Hadid Shows Off New Dragon Tattoo in Bikini Pics

July 16, 2023 Najuk Priya 1

Supermodel Gigi Hadid recently took to Instagram to share a few bikini pics, and fans were quick to notice a new addition to her body […]

Coco Lee, Hong Kong-born pop singer dies at 48 after suicide attempt

July 6, 2023 Najuk Priya 0

Coco Lee, Disney star and pop singer, has died at the age of 48. The news of her death was announced on social media by […]

Wegovy and Ozempic: New Obesity Drugs Raise Questions About Cost and Safety

June 26, 2023 Najuk Priya 0

The high cost of obesity drugs is very concerning, specifically Ozempic and Wegovy. These drugs are both injectable semaglutide, a type of medication that helps […]

Osteopontin: Scientists Discover Molecular Trigger for Hair Growth

June 22, 2023 Najuk Priya 0

Researchers at the University of California, Irvine (UCI) have revealed a new molecular mechanism for stimulating hair growth. The study, published in the journal Nature […]

Trump's Crypto Portfolio Revealed: Ethereum, Not Bitcoin

JPMorgan: Hinman Documents Suggest Ethereum is Not a Security

June 20, 2023 Najuk Priya 0

In a research report published Thursday, JPMorgan analysts said that the release of the Hinman documents in the ongoing legal battle between Ripple and the […]

Pregnant Kourtney Kardashian Cheers on Husband Travis Barker at Concert

June 17, 2023 Najuk Priya 0

Kourtney Kardashian is pregnant! The reality star, 44, announced the news on Friday night by holding up a handwritten sign that read “Travis I’m Pregnant!” […]

AI Algorithm Can Predict Pancreatic Cancer Up to 3 Years Before Diagnosis

June 17, 2023 Najuk Priya 0

Pancreatic cancer is one of the most deadly and difficult-to-treat forms of cancer, with a five-year survival rate of only 10%. Early detection is crucial […]

Bitcoin Price Today: BTC Falls Below $25,000 for the first time since March 2023

June 15, 2023 Najuk Priya 2

Bitcoin price falls below $25,000 for the first time since December 2022 Analysts say BTC could fall further to $20,000 Investors remain cautious amid macroeconomic […]