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The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is approaching another deadline, one that could redefine the global regulatory environment for cryptocurrencies.  Namely, the SEC is required to update the appellate court on the status of the case by August 15, particularly in regard to the appeals that were put on pause to allow the two parties to discuss the matter in private. In a social media post, the former SEC attorney Marc Fagel noted that even though the August date is not a dismissal but rather a procedural update deadline, he still believes we might see the appeals dropped by then.  I believe that’s the date for the parties to report on the status of their appeals. It doesn’t mean it’s a hard deadline by which they must file their dismissal papers, but I assume they will try to do so before then. — Marc Fagel (@Marc_Fagel) July 28, 2025 Crypto regulation and clarity A court ruling has alrea...

Summary ⚈ XRP whales bought around 900 million tokens in April, signaling possible bullish sentiment. ⚈ The SEC delayed its XRP ETF decision, and short positions recently surged. ⚈ Despite bullish buys, whale activity slowed, and a $68.7M transfer hints at selling. XRP whales seems to have retained a bullish outlook, despite some of the token’s recent challenges It appears that large accounts — those holding more than 10,000,000 tokens, have purchased approximately 900 million XRP over the past month, noted cryptocurrency technical analyst Ali Martinez, who shared his findings in a May 2 X post. Whales bought around 900 million $XRP over the past month! pic.twitter.com/k3UyFMkJLq — Ali (@ali_charts) May 2, 2025 This bullish signal is a rare sight in an otherwise bearish week. The cryptocurrency’s long-awaited retest of the $2.30 price point that occurred on April 28 and April 29 failed to produce a breakout. Soon after, the Securities and Exchange Co...

There’s now a 90% chance that the US Securities and Exchange Commission will approve a Solana ETF in 2025, up from 70% earlier this year, according to Bloomberg Intelligence. The estimate, shared on April 30 by Bloomberg ETF analysts Eric Balchunas, also raised the approval odds for several other altcoin ETFs, including Dogecoin, XRP, and Cardano. Six asset managers — including Grayscale, VanEck, and Bitwise — have filed to launch Solana ETFs. Bloomberg now gives remittance token XRP an 85% chance of approval, while Dogecoin and Cardano stand at 80% and 75%, respectively. Those figures are up from 65%, 75%, and slightly lower estimates earlier this year. Polkadot, Hedera, and Avalanche are also expected to receive approval, with odds above 70%. Litecoin remains at 90%, unchanged from Bloomberg’s February forecast. Balchunas believes the SEC may be treating many of these tokens as commodities, increasing their chances of approval. NEW: @EricBalchunas ...

The US Securities and Exchange Commission (SEC) approved three ProShares XRP ETFs (exchange-traded funds), sending XRP surging almost 8%. ProShares plans to roll out an Ultra XRP ETF (2x leverage), a Short XRP ETF, and an Ultra Short XRP ETF (-2x leverage) on April 30, according to filings. The company’s spot XRP ETF application remains pending, and a key SEC decision is expected on May 22. The SEC’s green light for the three XRP futures ETFs marks a key milestone in the Ripple token’s adoption by traditional financial markets. 🔥 The SEC just approved an $XRP ETF 🔥 But it’s not what many people think. It’s not a Spot ETF. It’s a Futures ETF. The difference? A Spot ETF buys and holds real XRP, creating real demand. A Futures ETF only bets on XRP’s price without touching a single real token. What… pic.twitter.com/EaqCWuOtM4 — John Squire (@TheCryptoSquire) April 27, 2025 The approval of ProShares’ XRP...

Just a couple of years ago, Richard Heart, HEX, PulseChain (PLS), and PulseX were the talk of the town. But things came crashing down as the US Securities and Exchange Commission (SEC) slapped them with charges of fraud. While all the above-mentioned entities were on the low, a new development in the case brought them back under the spotlight. The SEC dropped its fraud case against all of them. When the SEC decided not to change its complaint by the deadline of April 21, the lawsuit was dismissed. It should be noted that the SEC’s first case was earlier rejected by a federal judge for lack of jurisdiction. Also Read: Shiba Inu: How Long Until $1000 in SHIB Becomes $1 Million? Amidst this, the price of the assets involved, HEX and PLS, took a major hit. PLS dipped by over 50% throughout the past year. The asset went from trading at a high of $0.00009476 all the way to a low of $0.00001756. In addition, PulseChain’s PLS hit this all-time low just 25 days ago in March 2025. Cur...

According to the data from Farside Investors, BlackRock’s IBIT Bitcoin (BTC) ETF purchased $643.2 million worth of BTC on Apr. 23. The world’s largest asset manager had previously purchased $193.5 million worth of the asset on Apr. 22, and $41.6 million worth on Apr. 21. The firm bought a total of $878.3 million worth of BTC in just three days. Also Read: How 2 Brothers Hit $9 Million With Shiba Inu: Throwback Thursday Source: Farside Bitcoin Surges Amid BlackRock’s Buying Spree Source: Watcher Guru BlackRock’s recent purchases may have helped BTC breach the $90,000 mark. The asset has reclaimed the $92,000 price point for the first time since early March. Bitcoin (BTC) has faced a 1.3% correction in the daily charts but is green in the other time frames. The original crypto has rallied 9.5% in the weekly charts, 12.6% in the 14-day charts, 6.7% over the previous month, and 38.5% since April 2024. Source: CoinGecko Also Read: SEC Chair Paul Atkins Priority: Crypt...

The U.S. Securities and Exchange Commission (SEC) is reportedly closing its investigation into social media influencer Haliey Welch over the alleged rug pull of her memecoin. According to a new report by TMZ, the regulatory agency is closing the probe into Welch – known as the “Hawk Tuah” girl for her 2024 viral video – without filing any charges against her after it was alleged that she conducted a rug pull following the launch of Hawk (HAWK) in December. The SEC investigated Welch after her Solana (SOL)-based memecoin rapidly lost its value after a big rally, triggering accusations that the HAWK memecoin was a rug pull. A rug pull is when the creators of a new asset intentionally inflate its price and then sell large amounts of it, simultaneously profiting and causing the asset’s price to plunge, leaving investors sitting on massive unrealized losses. As stated by James Sallah, Welch’s attorney, according to TMZ, “The ...

In what is part of a continued shift for the US Securities and Exchange Commission (SEC), the agency is officially poised to drop its lawsuit against the Kraken cryptocurrency exchange. Indeed, the platform called the move a “win for fairness” as they announced a dismissal agreement was reached between both parties. This has been yet another dropped lawsuit or investigation in a continued trend for the agency. Since late February, the SEC ceased legal action against both Uniswap and Coinbase. Moreover, they announced probes into Robinhood and Consensys had been dropped. JUST IN: SEC drops Kraken lawsuit. — Watcher.Guru (@WatcherGuru) March 3, 2025 Also Read: US Senate to Vote on Repealing IRS Rule Threatening Crypto SEC Drops Kraken Lawsuit as Crypto Policy Overhaul Continues Since the arrival of the new Trump administration, a cryptocurrency policy overhaul has been in effect. The SEC, under acting chair Mark Uyeda, has sought to overturn many of the acts of a previous adm...

Ripple’s XRP cryptocurrency has struggled in 2025, and with altcoin season around the corner, analysts are wondering if it can still reach $4. The cryptocurrency was poised for a big year, but so far has failed to find any momentum. While the overall crypto market has been down this year, Ripple’s popularity and 2025 success places a stronger focus on its recent struggles. The new US SEC regime under the leadership of Mark Uyeda is currently playing an instrumental role in wrapping up pending legal cases against multiple organizations. For instance, the SEC has concluded a variety of cases against multiple organizations, including Coinbase and Ripple Labs. The conclusion of this case appears imminent, and could send XRP surging just in time for altcoin season’s start. With that, could XRP still reach a high of $4 this Spring? Will Ripple XRP Set a New High of $4 this Altcoin Season? Despite the lackluster market environment, Ripple’s XRP is expected to rally over the ...

Solana loses a third of its market cap — is memecoin season officially over? According to some of the biggest names in crypto, the peak of memecoin mania has passed. With the sitting president of a G20 country facing initial impeachment proceedings for promoting a memecoin, every Trump family memecoin negative since listing on a major US exchange, and memecoin platforms targeted for money-laundering of billion-dollar hacks, it might seem as though the bubble has popped. Even Solana, the host blockchain for most memecoins, has shed one-third of its market capitalization over the last month. People, it appears, are sick of losing money in memecoins. TRUMP has declined over $11 billion since its peak, MELANIA is down 90%, and investors lost untold millions in Argentina’s LIBRA, Central African Republic’s CAR, and countless offerings by celebrities and brands. These projects include those launched by Dave Portnoy, Changpeng Zhao, Enron, Vine, John McAfee, Donald T...

The US Securities and Exchange Commission (SEC) is downsizing and rebranding its crypto enforcement unit, signaling a shift away from its aggressive crackdown on the industry. Once nearly doubled under former SEC Chair Gary Gensler, the SEC’s crypto task force unit will now shrink to around 20 specialists and focus on broader financial crimes, including AI-related fraud and cybersecurity threats. The move comes as Elon Musk’s Department of Government Efficiency (DOGE) prepares to audit the agency for wasteful spending. Previously called the Crypto Assets and Cyber Unit, the scaled back SEC division is now the Cyber and Emerging Technologies Unit, according to a Feb. 20 press release . SEC Crypto Task Force Scaled Down In 2022, former SEC Chair Gary Gensler said that the crypto task force was almost doubling to 50 people. In the recent press release, the securities regulator said that the renamed unit will only include “approximately 20 fraud specialists and atto...

Justin Sun was called out during a spin-off Davos award event by a former CoinDesk exec Michael Casey who was unhappy with how the Tron founder managed to get the crypto publisher to remove an article.  The Davos 2025 Most Influential Awards, handed out as part of the 2025 AI & Crypto Summit, piggybacked off CoinDesk’s own 2024 Most Influential list. Sun not only won one of the awards but was also the focus of its press release.  However, despite this, another winner, CoinDesk’s former Chief Content Officer, Casey, took the opportunity to rip into Sun and CoinDesk owner Bullish over its removal of an article covering Sun’s $6 million purchase of a piece of art that consists basically of a banana taped to a wall. Justin Sun complaint leads to CoinDesk removing banana article The article, titled “I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It” details journalist Callan Quinn’s experience of watching Sun devour the $6.2 m...

Considering that the Securities and Exchange Commission (SEC) Chair Gary Gensler – the man many perceive as waging war on crypto – is set to resign on January 20, there was some uncertainty about whether the watchdog would file its appeal to the summary judgment in the Ripple case by the deadline. On January 20, Gensler’s war on crypto ends at the SEC. We asked the SEC to agree to postpone the filing of their opening brief in their appeal of our victory (current deadline Jan 15) – and they refused. What a waste of time and taxpayer dollars! Nevertheless, we are confident… — Stuart Alderoty (@s_alderoty) January 14, 2025 Despite the many rumors the regulator would abandon the case under the imminent Trump administration, the SEC nonetheless filed its claim that the district court erred with its previous decision. Specifically, the Commission argues in its opening statement that the district court made a series of mistakes when it absolved Ripple Lab...

Brian Quintenz could soon lead the Commodity Futures Trading Commission. He currently heads policy at Andreessen Horowitz’s crypto division and previously served as CFTC commissioner. His background in overseeing the future of Bitcoin and Ethereum makes him a key figure in crypto regulation. As Trump’s choice for CFTC chair, Quintenz might reshape cryptocurrency rules in the United States. An earlier CNBC video from 2018 shows Brian Quintenz’s long-standing views on crypto oversight. As CFTC commissioner then, he called for an independent regulatory body for cryptocurrencies and stressed the need for clear market oversight rules. Also Read: 48-Hour Ultimatum: SEC’s Gensler Threatens Elon Musk with Charges Trump’s CFTC Pick, Brian Quintenz: What Does It Mean for Crypto Regulation? Source: Bloomberg A Track Record of Innovation Support Source: Watcher Guru Brian Quintenz supported new technology during his time at the CFTC from 2017 to 2021. Trump’s CFTC pick...

Ripple is often dubbed an extraordinary crypto coin. The token has been through multiple legal battles with the US SEC and has emerged stronger after each discussion and debate. While the coin looks forward to adopting an institutional approach, XRP still has a long way to go, considering its low price pace and approach. Will it be able to ascend to newer price highs soon? Also Read: Solana (SOL) Predicted To Grow 5x To $776: Here’s When Ripple XRP: Recent Price Analysis XRP is currently at $0.6213, down 4% in the last 24 hours. The token was up 6% in the previous seven days as Bitcoin prospered to new price peaks, inviting massive funds into the domain. The cryptocurrency market is trading in bearish realms, as the Federal Reserve recently announced its fresh stance on interest rate cuts. Fed Chair Jerome Powell was recently seen mulling over the possibility of conducting another interest rate cut in November. The speculation surrounding the aforementioned development has weighed heav...