Obortech USD Price & Performance (OBOTUSD)

The U.S. SEC may end its enforcement case against Ripple Labs, signaling progress in the long-running legal dispute over XRP. Both parties have filed appeals regarding a prior $125 million judgment. Ripple's chief legal officer expressed optimism about resolving the case or continuing with the appeal process.1

India experienced a surge in deal activity in February, with 226 mergers, acquisitions, and private equity deals totaling $7.2 billion. Domestic transactions dominated, accounting for 68% of M&A volumes. Key deals included ONGC-NTPC Green's $2.3 billion acquisition and Torrent Group's $872 million sports investment.2

The euro surged toward 1.09 this week, driven by rising German interest rates and declining U.S. rates. Analysts predict a potential pullback due to profit-taking near this resistance level. Despite this, the euro's performance reflects broader trends in European and American monetary policy adjustments.3