BNB Chain burned $916 million worth of tokens in its quarterly burn event, but the price barely moved despite the reduced supply.
A report is expected in 60 days, but Paul Atkins' swearing in may cause more delays.
According to Dune Analytics, as of mid-April, more than 113 million USD1 tokens have been issued. Nearly 90% of that supply lives on the BNB Chain.
XRP maintains $2.00 support as SEC-Ripple case pauses for 60 days, with technical patterns suggesting a potential 27% breakout amid settlement talks.
Ripple's XRP has failed to make a massive up move even after a positive legal update. XRP's price currently trades around 1.5% higher at $2.09. XRP saw a sharp breakout between April 12-13, rallying from $2.00 to a high of $2.24 — an 11.7% move fueled by a surge in volume.
The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) seems far from over. Even though the U.S. Court of Appeals has agreed to pause the case for 60 days, many are now asking, What's happening behind the scenes? Meanwhile, Prominent Crypto Lawyer James Farrell has shed some light on it.
While Mantra's downfall has deepened market skepticism, XRP's likely inclusion in a spot ETF offers a contrasting wave of optimism for traders, Santiment's analysts say.
April 17, 2025 06:53:17 UTC XRP Price Jumps 20% Amid Lawsuit's Final Phase Ripple's decade-long legal battle with the SEC is nearing its end, but a crucial step remains. Ripple seeks an “indicative ruling” from Judge Torres to resume private XRP sales, which is vital for a future IPO.
The Ripple-linked XRP cryptocurrency is on track to score six consecutive months of positive returns against archrival Ethereum (ETH) for the first time in history.
Ripple and the SEC have agreed to pause their long-running legal battle amid settlement talks, as ETF experts signal growing confidence in the approval of a spot XRP ETF.
The 10-year-long case showcasing Ripple's true commitment and breaking the chain of SEC's manipulation and injustice has finally reached its last leg.
BNB price is recovering from the $575 support zone. The price is now consolidating gains and might face hurdles near $585 and $600.
Tron (TRX), the eighth-largest cryptocurrency by market cap, is gaining investor attention as it outperforms major assets like Bitcoin (BTC) and Ethereum (ETH) despite overall bearish sentiment. TRX is currently trading at $0.2548, marking a 2.9% gain in the past 24 hours, while BTC and ETH fell by 0.5% and 2.0%, respectively.
XRP has captured the crypto markets attention with one of the most extreme liquidation imbalances seen in recent sessions. In just one hour, XRP futures saw an astonishing 8,909% difference between short and long liquidations, totaling $248,000 in overall liquidations on altcoin perpetuals.
The XRP community is buzzing after a massive transfer of 70 million XRP, valued at over $150 million, between two unidentified wallets. The transaction, flagged by Whale Alert, sparked intense speculation across crypto forums and social media, especially given its timing alongside a slight uptick in XRPs market price.
ProShares, a leading exchange-traded fund (ETF) issuer, has updated its filing to set April 30 as the target date for launching its XRP futures-based ETF. While this signals the product is nearly ready, there is no guarantee it will start trading on that specific date.
XRP is facing renewed selling pressure after breaking below a key technical pattern known as a rising wedge, pointing to a bearish shift in the near-term outlook. The pattern, which is formed by converging trendlines connecting higher highs and higher lows, typically suggests weakening bullish momentum.
XRP price started a fresh decline below the $2.150 zone. The price is now consolidating above $2.00 and facing hurdles near the $2.120 zone.
While the XRP lawsuit is reaching its closing stages, there are a few loose ends that parties are racing to tie up. Digital assets lawyer James Farrell notes that Ripple Labs will pursue an indicative ruling to ease its future IPO proceedings.
Ripple case paused as court grants appeal abeyance, fueling speculation of a Final Judgment settlement and XRP-spot ETF approval.
XRP price is gaining momentum following Ripple's SEC settlement, with bullish technical indicators pointing to a potential upward breakout. Ripple Settles With SEC as Both Parties Agree to Pause Appeals The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly agreed to pause their long-running legal appeal, marking a critical turn in the
Crypto analyst Mindfully Lost has revealed price action levels for XRP and Dogecoin. He mentioned the resistance and support levels to keep an eye out for these heavy hitters amid this market downturn.
A federal court pause in the Ripple-SEC case accelerates momentum toward a $50 million settlement, positioning XRP for a landmark regulatory win and market resurgence. Ripple v SEC: XRP Trial Paused Pending $50M Deal Decision A federal appellate court has temporarily paused the ongoing legal battle between the U.S.
Shiba Inu has once again faced significant downward pressure. The asset is now trading at about $0.00001168, having failed to set up a significant support level in the last few sessions.
XRP gained only 2% in the past week, signaling weak momentum and fading interest from buyers in the short term. Technical indicators like the RSI, Ichimoku Cloud, and EMA lines are all starting to reflect increased bearish pressure.
XRP recent surge appears to be entering a cooling phase as the price edges lower to the $1.97 level, an area acting as a pivotal support. After a strong upward move fueled by improved market sentiment, the current pullback signals a potential pause rather than a full reversal.
Despite XRP's ongoing price stagnation, Wall Street insider Jake Claver believes the asset is vastly undervalued, hinting at its potential to transform global finance.
XRP is back trading above, $2, and bullish momentum is gradually creeping back compared to its price action at the end of March and beginning of April. Crypto analyst EGRAG CRYPTO believes this week could highlight a turning point for a full flip into bullish momentum, and how the XRP price closes out the week will be very important.
The SEC and Ripple's joint motion to pause legal proceedings on their cross-appeal has been approved. Both parties will have 60 more days to agree on how to amicably end their legal battle.
XRP has regained market attention following the recent slash in Ripple's penalty by the SEC. This has led to a rise in open interest for XRP, despite the overall market's bearish sentiment. Several on-chain indicators have turned positive, suggesting that the current consolidation phase may be approaching its conclusion.
Closing the four-year legal battle opens a new chapter for XRP mainstream adoption, catalyzed by Ripple Labs' payment products. XRP price must hold above the support level of about $2 to invalidate further market correction. The Donald Trump administration has gradually fulfilled its promises made during the campaign period to the crypto ecosystem.
During a Wednesday appearance on CNBC, former U.S. Securities and Exchange Commission Chairman Gary Gensler commented on the agency's lightning-fast abandonment of enforcement cases against prominent cryptocurrency companies for the first time.
An appellate court has granted a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) to pause an appeal in a 2020 SEC case against Ripple amid settlement negotiations.In an April 16 filing in the US Court of Appeals for the Second Circuit, the court approved a joint SEC-Ripple motion to hold the appeal in abeyance — temporarily pausing the case — for 60 days. As part of the order, the SEC is expected to file a status report by June 15.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
The settlement between the two is one step closer.
Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade.
XRP consolidates near $2.10 as traders eye potential breakout levels across key timeframes amid mixed technical signals. XRP The 1-hour chart shows XRP recovering from a downtrend that saw prices dip to $2.035, forming a potential double-bottom reversal pattern. A recent green candle near $2.10, accompanied by rising volume, suggests bullish momentum resurgence.
Tron (TRX), currently trading as the eighth-largest cryptocurrency, is in the spotlight despite the broader bearish market sentiment. Tron has decoupled from Bitcoin (BTC) and Ethereum (ETH), both of which saw declines in the past 24 hours.
The cryptocurrency market remained subdued on Wednesday, struggling to sustain momentum. Bitcoin remained firmly above the $84,000 mark but failed to make any massive up moves. The global cryptocurrency market cap stands at $2.67 trillion, down 0.50% in the past 24 hours. Total market volume over the same period fell 8.30% to $70.63 billion.
XRP just saw one of the most extreme liquidation imbalances in recent trading sessions as, in the past hour alone, the total liquidations on perpetual futures with altcoins added up to around $248,000.
XRP faces volatility as whales sell 370 million tokens, but bullish on-chain signals persist.
The pause in the SEC-Ripple appeal signals potential regulatory shifts in crypto, impacting future enforcement and industry compliance standards. The post SEC vs Ripple court appeal paused as XRP case nears resolution appeared first on Crypto Briefing.
Ripple's XRP is once again in the spotlight, as fresh speculation hints The Fed could adopt the token for global transactions — potentially integrating it into the ISO 4217 currency standard.
The XRP price has fallen by 4% in the past 24 hours, yet a recent report from Kaiko underlines how the coin could explode later this year. The post XRP Price Eyes Breakout as ETF Approval Odds Rise, Beating Solana and DOGE appeared first on Cryptonews.
In the latest development in the long-running XRP lawsuit, the US Court of Appeals has granted Ripple and the SEC's joint motion to suspend their respective appeals. This will give both parties time to finalize the settlement in the long-running legal battle.
An unusual transaction was tied to Stellar (XLM), a protocol named XRP's biggest rival. Three transactions that crypto analytics platform Whale Alert spotted show signs that XLM whales are back in action.
Sellers are coming back to the game in the middle of the week, according to CoinStats.
TL;DR Binance has completed its 31st quarterly BNB burn, permanently removing 1.57 million tokens worth $916 million from circulation. This move is part of BNB Chain's long-term deflationary strategy to reduce total supply to 100 million BNB. Despite the massive burn, BNB's price dropped by 0.37%, sparking mixed reactions from the crypto community.