SEC Commissioner Questions Crypto Enforcement, Ripple Wins Court Ruling, Bitcoin Price Surges

SEC Commissioner Hester Peirce questions the SEC's enforcement actions against crypto companies, emphasizing the need for finding solutions rather than relying on enforcement. Ripple wins a significant victory in its case against the SEC, with the SEC planning to dismiss its claims against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen. Bitcoin surpasses $30,000 for the second time this week as investors anticipate a favorable court ruling that may increase the likelihood of an exchange-traded fund holding Bitcoin being approved.