AngelList Shifts Gears, Halts Crypto Payment Support

The post Ripple news: XRP Ledger v3.2.0 rollout gains ground but trails version its replacing appeared on BitcoinEthereumNews.com. The XRP Ledger’s newest server software, v3.2.0, designed to make the network cheaper to run, more stable, and more attractive for institutional use, is gaining adoption. However, it has yet to overtake the previous version (3.1.3) across the wider network, and the key security fixes that come with it remain in the voting process. Of the approximately 833 active nodes on the XRP Ledger, the machines that store and relay the ledger, about 43% are running v3.2.0 and 51% are still on v3.1.3, XRPSCAN data shows. While overall node adoption appears relatively slow, validators, or entities that matter most to the network, have largely already upgraded. The XRP Ledger runs on a trusted set of validators known as the Unique Node List (UNL). For a new software version or amendment to activate, it needs sustained support from more than 80% of validators on that list

The post AngelList ends crypto funding support tied to Ripple’s Rail appeared on BitcoinEthereumNews.com. AngelList will stop supporting crypto payments for investment funding at the end of July. Summary AngelList will pause crypto investment funding, pushing users toward ACH and wire transfer options. The change affects USDC, USDT, DAI, and ETH payments, but not existing investments. Ripple bought Rail for $200 million to expand enterprise stablecoin payments and global settlements. The venture platform said crypto funding will become unavailable from July 31, 2026, according to an AngelList help-center notice. The change affects payments made in USDC, USDT, DAI, and ETH. AngelList said its third-party crypto payments provider is discontinuing the service. Users will need to use traditional payment routes for upcoming investments until the company restores or replaces crypto funding support. The company said ACH and wire transfers will remain available. Domestic wires usually arrive w

AngelList will pause crypto funding via USDC, USDT, DAI and ETH on July 31 as its Rail payment partnership winds down for users.

The post Judge Who Ruled on Ripple XRP Just Dealt a Major Blow to Prediction Markets appeared on BitcoinEthereumNews.com. The post Judge Who Ruled on Ripple XRP Just Dealt a Major Blow to Prediction Markets appeared first on Coinpedia Fintech News Judge Analisa Torres, known for presiding over the landmark Ripple case, has ruled against prediction market platform Kalshi. This was a significant legal setback for the company. Torres denied Kalshi’s request for a preliminary injunction. She found that New York’s gambling laws as applied to Kalshi’s sports event contracts are not preempted by the Commodity … Source: https://coinpedia.org/news/judge-who-ruled-on-ripple-xrp-just-dealt-a-major-blow-to-prediction-markets/

The post Ripple-Operated Rail Dropped by Major Software Company appeared on BitcoinEthereumNews.com. AngelList, the prominent platform that connects startups with investors, is winding down its crypto payment support. The company is terminating its relations with Ripple-operated Rail, according to the announcement.  “Effective July 31st, our partnership with Rail (operated by Ripple) will be formally wound down,” the company stated.  Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet AngelList has noted that crypto payment options (specifically USDC, USDT, DAI, and ETH) will become completely unavailable until further notice, meaning that users will have to go back to traditional financial rails.  The company confirmed that ACH and wire transfers will remain fully functional.  You Might Also Like Users have been urged to switch to fiat for any upcoming investments to avoid pr

The post Judge Who Ruled XRP Not a Security in Ripple Case Hands Kalshi ‘A Major, Major Loss’ in New York appeared on BitcoinEthereumNews.com. Key Takeaways Judge Torres denied Kalshi’s injunction, ruling NY gambling laws aren’t preempted by the Commodity Exchange Act. The decision breaks with the Third Circuit’s April 2026 ruling that shielded Kalshi from New Jersey regulators. Kalshi posted a record $31 billion in June volume, raising the stakes as the case heads to motion-to-dismiss. Another Major Ruling From Torres U.S. District Judge Analisa Torres has denied prediction market exchange Kalshi a preliminary injunction against New York gaming regulators, Crypto in America journalist Eleanor Terrett reported. Torres found that New York’s gambling laws, as applied to Kalshi’s sports event contracts, are not preempted by the Commodity Exchange Act (CEA), the federal statute Kalshi has leaned on in courtrooms across the country. Image source: X The denial allows the case to proceed to t

The post Ripple Lawsuit-Linked Judge Torres Hands Kalshi a Big Loss in NY Prediction Markets Case appeared on BitcoinEthereumNews.com. Federal Judge Analisa Torres, known for SEC v Ripple lawsuit, has ruled against prediction market platform Kalshi in a gambling case in New York. This marks a big loss for the prediction market firm, allowing New York state to continue enforcing its gambling laws against the company’s sports-event contracts. Ripple Lawsuit Judge Torres Denies Kalshi’s Preliminary Injunction Against NY SDNY Judge Analisa Torres, who presided over the high-profile SEC v. Ripple lawsuit involving XRP, has rejected Kalshi’s request for a preliminary injunction. Judge Torres found that New York state gambling laws apply to Kalshi’s sports-related event contracts and are not preempted by the Commodity Exchange Act (CEA). The decision clears the way for the lawsuit to proceed. In KalshiEX LLC v. Williams, Kalshi argued that its sports-related event contracts qualify as CFTC-re

The post Why XRP’s $783M perp selling raises questions despite strong spot demand appeared on BitcoinEthereumNews.com. Ripple’s XRP has an interesting disparity between its spot and futures markets. On one side, spot demand appears to be improving, while futures traders remain doubtful and hesitant. Here’s the rundown. XRP holds with lesser leverage At the time of writing, CryptoQuant data  showed that Open Interest (OI) dropped from above $1 billion to around $823.8 million, even as XRP held near $1.14. Source: CryptoQuant If XRP is holding steady while leverage is coming down, the support may not be coming mainly from aggressive futures positioning. The market seems spot-led, with buyers absorbing supply without a build in derivatives risk. Why XRP’s reduced  leverage matters Source: CryptoQuant Such low levels of leverage are significant because XRP’s spot market looks a lot stronger. The Spot Taker CVD chart showed clear taker-buy dominance earlier, before moving into a