Markets reacted to news that suggested a decision in Ripple’s case against the SEC may be imminent by driving XRP to its highest level since November. On Wednesday, Cardano also increased and reached a one-month high. Despite the slight decline, the 10-day (red) moving average is still in an upward trend, and the 14-day RSI is currently tracking at 60.93, its highest value since mid-February. News Sorce

After failing to go public in 2022 through a special purpose acquisition company (SPAC) merger, eToro has raised $250 million in funding at a $3.5 billion valuation. ION Group, SoftBank Vision Fund 2, Velvet Sea Ventures, and a few previous investors are among the participants in the round. As part of its proposed SPAC transaction, the company entered into an Advance Investment Agreement (AIA) in early 2021, which provided the funding. In 2022, eToro’s commissions totaled $631 million, a 49% decrease from 2021 and a 5% increase from 2020. According to its SPAC filing, revenue will amount to $2.5 billion by 2025. News Sorce

Even though the price of bitcoin is rising above the $27,000 resistance level, it is still below $27,800 and the 100 hourly simple moving average. On the hourly chart of the BTC/USD pair, there is a break below a significant bullish trend line with support located close to $27,900. The $28,000 region represents the next significant resistance. A player on BitStarz wins a record $2,459,124. News Sorce