Meme coin proponents are upbeat, although even some of them expect changes in the category.
Ripple settles with the SEC, agreeing to pay a $50 million penalty and dropping its cross-appeal, marking the near conclusion of a long-standing lawsuit that began in 2020. The SEC will retain $50 million of the original $125 million fine, with the remaining $75 million returned to Ripple. The post Ripple Settles With SEC: Pays $50M, Case Nears Conclusion appeared first on Cryptonews.
Despite the price pressures that have prevented Ethereum from experiencing the explosive surge investors expected, institutions continue to adopt the network for launching new tokens.
Crypto analyst Kevin has provided an update on Dogecoin's price structure, highlighting how multiple technical elements have converged to support his thesis that the meme coin remains on track despite recent volatility. The chart, which he first shared two weeks ago, reveals a confluence of Fibonacci retracement levels, descending yellow macro trend lines, and the positioning of the 200-week SMA (Simple Moving Average) and EMA (Exponential Moving Average).
Was the legal victory only a brief reprieve?
Ripple drops cross-appeal, ending its battle with the SEC. Legal clarity may boost XRP price, ETF approval odds, and Ripple's U.S. expansion.
Ripple Labs has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a reduced $50 million fine in a case that has been closely watched by the cryptocurrency industry.
Crypto analyst KrissPax has revealed that the Dogecoin price is mirroring a pattern from a previous bull run. Based on this, he raised the possibility of a price surge to $4 for the foremost meme coin.
The SEC first sued Ripple Labs in 2020.
The Dogecoin price has surged over 10% in the last seven days, providing a bullish outlook for the foremost meme coin. This development has occurred due to several factors, including Donald Trump's decision to ease off on certain tariffs.
Dogecoin (DOGE) has recently experienced a notable surge in Open Interest (OI), as the total value of outstanding derivative contracts for the cryptocurrency has surpassed $1.9 billion, according to Coinglass insights.
Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,471.10 +0.03% Ethereum (CRYPTO: ETH) $2,079.34 -0.6% Solana (CRYPTO: SOL) $145.94 +2% XRP (CRYPTO: XRP) $2.46 -0.3% Dogecoin (CRYPTO: DOGE) $0.1910 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001376 +0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%.
Ripple's Chief Legal Officer announced today that its XRP lawsuit with the SEC is approaching the final legal phase. The SEC will keep $50 million from the previous $125 million fine and return the rest to Ripple.
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.
Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company's chief legal officer said on Tuesday.
Ripple has agreed to pay the US Securities and Exchange Commission (SEC) a $50 million penalty and drop its cross-appeal in the regulator's lawsuit. In exchange, the SEC will ask for the lifting of an injunction that prohibits Ripple from selling XRP to institutions.
EY Global Blockchain Leader Paul Brody sits down with CNBC Crypto World to explain why there is a disconnect between ether's price and developments on the Ethereum Network.
Coinbase has announced its support for Celo's migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network.
World Liberty Financial, a decentralized finance protocol backed by President Donald Trump, confirmed on Tuesday that it intends to launch its own U.S. dollar-backed stablecoin on both Ethereum and Binance's BNB Chain.
Ripple has dropped its appeal against the U.S. Securities and Exchange Commission after paying $50 million of the $125 million penalty tied to its long-running lawsuit, according to a detailed statement posted by Stuart Alderoty, Ripple's Chief Legal Officer. The remaining $75 million—held in an interest-bearing escrow account—is being returned to the company.
XRP trading activity remained subdued on Tuesday, holding steady after opening the week around $2.47.
If BTC corrects while ETH holds key support, can ETH/BTC reverse its trend?
Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally.
Custodia Bank, working with Vantage Bank, completed the tokenization of dollar-demand deposits with the issuance of its Avit stablecoin.
Ethereum (ETH) is up nearly 9% over the past seven days, showing signs of strength, yet the price continues to struggle around the $2,000 mark. Despite this upward movement, key indicators suggest the market is still lacking decisive momentum.
Abracadabra.Money loses $13M in ETH to a security breach targeting GMX-linked pools, marking its second major exploit this year after a $6.49M hack in January. The post Abracadabra.Money Loses $13M in ETH to Security Breach, Following $6.49M January Hack appeared first on Cryptonews.
WLFI launched the USD1 token on Ethereum and Binance, although it's not yet tradable.
Either chain's integration to SWIFT ecosystem would open doors to a gigantic $150T market & instant bank payments.
Ripple has agreed to drop its appeal against the U.S. Securities and Exchange Commission, according to Ripple chief legal officer Stuart Alderoty.
Ripple's legal battle with the SEC is finally over! The crypto giant has dropped its cross-appeal, marking the official end of the case. The SEC will keep $50 million, and Ripple gets back $75 million from the $125 million fine.
Ripple has decided not to cross-appeal, the firm's chief legal officer said, bringing the SEC's case quickly to a close.
Blockchain firm Ripple Labs' case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to court approval.According to a March 25 X post from chief legal officer Stuart Alderoty claiming what could be “the last update on SEC v. Ripple ever,” the executive said Ripple will drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit.
The settlement's conclusion may set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post SEC vs Ripple set to end as $50M settlement and dropped appeals clear final steps appeared first on Crypto Briefing.
Ripple's CLO informed that the company will pay a minor fine.
According to a detailed CoinGecko report, sales of Ethereum by the Ethereum Foundation (EF) do not have as big an effect on the token's price as is generally believed.
Ripple has dropped its cross-appeal against the US Securities and Exchange Commission (SEC) following the latter's decision to drop its case against the crypto firm last week. The firm's Chief Legal Officer (CLO), Stuart Alderoty, also revealed what will happen with the $125 million penalty the Court awarded against them.
Custodia Bank and Vantage Bank have issued the first US bank-backed stablecoin, called Avit, on a public blockchain network, according to a March 25 press release. The stablecoin was used in a series of test transactions with a business customer.
Ethereum faces growing competition from faster, cheaper blockchains as experts warn of declining momentum and investor interest. Analysts cite shifting activity to Layer 2 networks, weakening DeFi prospects, and rising speculative trends like memecoin trading as key challenges. The post Analysts Say Ethereum Struggles as Competition Intensifies: FT appeared first on Cryptonews.
Ripple will pay $50 million of the original $125 million fine, with the remainder returned from escrow.
Stuart Alderoty, chief legal officer at Ripple, has announced that the company's long-lasting legal battle with the U.S. Securities and Exchange Commission is finally over after more than four years.
A cryptocurrency researcher has come forth with a bold and troubling claim — dubbing XRP the ‘biggest financial scam the world has ever seen'.
Ethereum is trading back above the key $2,000 level after spending several volatile weeks attempting to reclaim it. Since late February, ETH has dropped more than 38%, triggering widespread panic as the price broke below major support and briefly dipped under $1,800.
Dogecoin stands superior in all the meme coins with significant price rallies and support from industry leaders like Elon Musk and others. Recently, the U.S. government even launched the Department of Government Efficiency or D.O.G.E.
Custodia Bank and Vantage Bank have successfully launched the first-ever U.S. bank-issued stablecoin on a permissionless blockchain. The new stablecoin, named Avit, was issued, transferred, and redeemed using the Ethereum blockchain.
The top dog memecoin eclipsed Cardano after the Dogecoin Foundation made a shattering announcement.
Ripple CEO Brad Garlinghouse said the SEC has finally pulled the plug on a four-year legal fight.
The crypto market lost momentum on Tuesday, with Bitcoin price pulling back from this week's high of $89,000. Other altcoins like Ethereum (ETH) and Ripple (XRP) remained in a tight range.
XRP price has risen by more than 4 percent in the last week but faces resistance at $2.47. What will it take to break above that barrier?