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Ripple’s XRP Token Skyrockets After Court Rules XRP Sales Aren’t Investment Contracts
XRP’s price has skyrocketed after a New York Court ruled the sale of XRP tokens on exchanges did not constitute investment contracts. "The Hash" panel discusses the latest developments after the court published the conclusions in an order partially granting a motion for summary judgment in the seminal U.S. Securities and Exchange Commission case against the blockchain platform.

AI-Related Crypto Tokens Jump as Elon Musk Unveils New ChatGPT Competitor
AI-related crypto tokens posted gains after Tesla CEO Elon Musk announced a new company focused on artificial intelligence called xAI, as an alternative to ChatGPT. SingularityNET rose 11% over the past 24 hours and Fetch.ai also climbed roughly 7% during the same time period, according to CoinGecko. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Merchants on Messaging App Telegram Gain Access to In-App Crypto Payments for First Time
Merchants on Telegram are now able to accept payment in cryptocurrency as services provider Wallet expands beyond its chat-centric payments mechanism. "The Hash" panel discusses the latest developments for the messaging app.

Circle Trims Workforce Slightly to Maintain 'Strong Balance Sheet'
Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday. While some departments were subject to layoffs, the stablecoin issuer said it will continue to hire in other areas. "The Hash" panel weighs in on the lingering effects of crypto winter, along with Circle considering issuing a stablecoin in Japan.

Coinbase Heads to Court Against the SEC
The U.S. Securities and Exchange Commission (SEC) is presenting its response to Coinbase's (COIN) first legal defense on July 13, according to a court order. "The Hash" panel discusses the latest developments in the legal battle, as the crypto exchange's lawyers argue that the Supreme Court's recent judgment on student debt cancellation may help with Coinbase's case.

Former Celsius CEO Alex Mashinsky Is Arrested as SEC, CFTC, FTC Sue Bankrupt Crypto Lender
Alex Mashinsky, co-founder and former CEO of insolvent crypto lender Celsius, was arrested in New York on Thursday following an investigation into the company's collapse, according to the U.S. Department of Justice (DOJ). "The Hash" breaks down the latest developments, as the U.S. Department of Justice has accused Mashinsky of orchestrating a "years long scheme to mislead customers."

Zuckerberg Says Threads Has Reached 100M Sign Up Milestone
Meta's Threads app saw over 100 million registered users within a week of its launch, becoming one of the fastest-growing apps in history. CoinDesk Executive Director of Global Content Emily Parker discusses her take on the Threads hype and why Twitter has been ripe for disruption for years now.

Elon Musk Unveils New AI Company, xAI
Tesla and SpaceX CEO Elon Musk unveiled a new AI company called xAI, with the goal to "understand the true nature of the universe." "First Mover" hosts discuss what we know about Musk's new company so far and how AI-related crypto tokens reacted to the news.

Bitcoin Breakout Above $31K Remains Elusive as Shorts Pile In
Forex.com global head of research Matt Weller discusses his crypto markets analysis and outlook as bitcoin (BTC) has failed twice this week to breakout above $31,000. Plus, his reactions to the June Producer Price Index (PPI) data and the U.S. spot bitcoin ETF race.

Former SEC Enforcement Branch Chief Weighs in on Legal Battles Against Celsius, Coinbase
Former SEC enforcement branch chief and Bragança Law attorney Lisa Bragança discusses the latest developments for U.S. crypto regulation as the regulator takes aim at Celsius and Coinbase. Crypto exchange Coinbase and the SEC are meeting in court for the first time since the federal regulator charged Coinbase with breaching federal securities law in June. Separately, the SEC is suing insolvent crypto lender Celsius Network and former CEO Alex Mashinsky.
