Crypto Market Update (March 20, 2025)
Regulations: The SEC has dropped its appeal against Ripple, confirming that XRP sold on exchanges isn’t a security, boosting market confidence.
Market Moves: XRP surged 13.7%, while Bitcoin and Ethereum gained 4.6% and 7.3%. Kraken is close to a $1.5 billion deal to acquire NinjaTrader for futures trading.
Security Concerns: North Korea’s Lazarus Group holds 13,580 stolen Bitcoin, making it the third-largest BTC holder. Scammers are targeting Australian investors by impersonating Binance.
The crypto market remains highly dynamic, with regulatory wins and ongoing security challenges.
