Crypto Market Update: XRP and ETH on bitFlyer, Bitcoin's February Struggles, and Ripple-SEC Case Developments

Discover the latest crypto news: bitFlyer expands its CFD offerings, Bitcoin faces its worst February in 11 years, and a former SEC exec predicts the Ripple case may be dropped.

Published on 2025-02-27

bitFlyer Expands CFD Offerings to Include XRP and ETH

Japanese crypto exchange bitFlyer is set to introduce Contracts for Differences (CFDs) for XRP and ETH. These derivatives contracts allow traders to speculate on price movements without owning the assets. Previously limited to Bitcoin, the expansion aims to attract more users with new pairs: ETH-CFD/JPY and XRP-CFD/JPY.

Bitcoin Sees Worst February in 11 Years

Bitcoin's price dropped 1.48% to $85,400, marking its lowest level since November. This decline erased recent gains, including its all-time high of $109,588. Historically, February has been harsh for BTC, with this month being the worst since 2014. While March typically sees an 11.8% average return, the median is -2.10%.

Former SEC Exec Predicts Ripple Case Dismissal

John Reed Stark, a former SEC enforcement attorney, suggests the SEC may drop its lawsuit against Ripple. This prediction follows the agency's recent moves to close cases against Robinhood, Uniswap, and OpenSea. The SEC also dismissed the Coinbase case without fines, signaling a shift in its regulatory approach.

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