Ripple v SEC verdict soon?

Could the market for Ordinals hit $4.5 billion in two years? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.03T (-0,08%) 24 Hour Volume $33.84B (+10.48%) Notable Movers[(OP) $2.55]( (+3.98%) Notable Movers (DeFi)[(SNX) $3.19]( (+1.93%) Bitcoin Dominance 42,29%[(+0,13%)]( Bitcoin Price[(BTC) $22,526.00 (+0.36%)]( Ethereum Price[(ETH) $1,575.00 (+0.30%)]( Cardano Price[(ADA) $0,3339 (-1.10%)]( [Today’s Top Stories ]( Today’s Top Stories [How will SBF's bail be tightened?]( 👀 New restrictions to Sam Bankman-Fried's bail have been proposed that would seriously curtail his internet use. A letter written to the judge by U.S. Attorney General Damian Williams — on behalf of both parties — suggests that SBF will be limited to using a flip phone with no access to the web. He would have a laptop so he could keep up to date on the news and prepare for his trial using a small handful of websites, including CoinMarketCap. Netflix, YouTube, Spotify, NFL.com and Uber Eats are also included for his personal use. SBF has frustrated the judge while under house arrest in California by using the encrypted messaging app Signal to contact an FTX employee… and accessing a VPN "to watch the Super Bowl." [Ripple v SEC verdict this year?]( 😱 After years of uncertainty, Ripple's CEO Brad Garlinghouse has predicted that a verdict in his company's long-running showdown with the SEC could be reached in 2023. It's been three months since both sides filed final arguments and asked for a summary judgment — or failing that, a trial. Ripple has been accused of selling unregistered securities in the form of XRP tokens, and the SEC has pursued similar cases against other crypto firms in recent months. Because of this, Garlinghouse argues that the case has taken on greater significance. "It's really about the industry and how the SEC is playing offense and attacking the whole industry," he warned — adding the final ruling will be "pivotal" for this nascent sector. [Bitcoin NFTs: A $4.5 BILLION market?!]( 💰 Ordinals really have gotten off to a flying start — and according to new research, the market for Bitcoin NFTs could be worth $4.5 billion in under two years. This tech allows images, audio, text and even apps to be inscribed on a single satoshi — that's one-hundred-millionth of one Bitcoin. Galaxy Digital says "a native on-chain ecosystem for NFTs has emerged on Bitcoin in a way that was never before possible" — and enthusiasts believe it has the potential to eat into Ethereum's market share. We've already seen some Bitcoin NFTs being sold for ridiculous prices, too. One Ord Punk fetched $273,000, while a pair of Ord Rocks sold for north of $200,000. Is it a matter of time before we see one of these collectibles go for seven figures? [Withdrawals open for some Celsius users]( 💸 A small number of Celsius customers are now able to withdraw $50 million from the doomed crypto lender. Only those who entrusted funds to Celsius without taking advantage of Earn accounts are eligible. Given how there's a $1.2 billion black hole in the company's finances — and an estimated 1.7 million customers — that isn't a lot. Former Celsius CEO Alex Mashinsky had repeatedly claimed that crypto would be returned to owners even in the case of bankruptcy. But earlier this month, a judge ruled this wasn't the case — and said the company's terms of use were "unambiguous." In a blistering report at the end of January, examiner Shoba Pillay concluded that Celsius Network's finances were "Ponzi-like." [Arthur Hayes is making a comeback]( 👋 He was one of the earliest Bitcoiners on the scene — and made a lot of money as a result of it. But Arthur Hayes' star faded last year when he was sentenced to six months of home detention — amid allegations that he had violated the Bank Secrecy Act because BitMEX had failed to implement an anti-money laundering program. Fresh from finishing his sentence though, Hayes is back — declaring that he wants to "invest in cool s***." Last month, he told New York magazine that he wants to "do my part to infect as many people as possible" with "this virus that is Bitcoin" — and offer an alternative to TradFi. It's worth noting that, unlike SBF and Do Kwon, Hayes never allegedly stole or misappropriated customer funds. [A legal alternative to Tornado Cash?]( 🌪 An early developer of Tornado Cash has revealed that he wants to create a new crypto mixer that would be compliant with U.S. regulations. Ameen Soleimani has unveiled Privacy Pools, which would make use of zero-knowledge proofs. This could allow users to preserve anonymity while proving that their assets haven't come from a blacklisted source. Tornado Cash has been in the crosshairs of American officials after it was widely used by North Korean hackers to launder stolen crypto — including funds taken during last year's devastating Ronin Bridge attack. Sanctions soon followed amid fears that Pyongyang has been using these ill-gotten digital assets to fund its nuclear weapons program. Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? 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