Bitcoin News Today TheBitTimes.com

The SEC Ripple decision has officially ended the years-long legal battle between Ripple Labs and also the Securities and Exchange Commission, with both parties filing joint dismissal papers on Thursday. This SEC Ripple decision brings closure to a four-year dispute and has actually triggered an immediate XRP price jump, as CoinGecko reveals, with the token right now trading at $3.35. Source: CoinGecko Also Read: XRP Breakout Nears: All Eyes on the Crucial $3.41 Threshold SEC Ripple Case Closure Sparks XRP Price Jump and Market Optimism Source: FXEmpire Joint Dismissal Finalizes the SEC Ripple Decision The Securities and Exchange Commission along with Ripple Labs engineered joint paperwork to the Second Circuit Appeals Court, requesting dismissal of both appeals across several key regulatory channels. The SEC Ripple case resolution confirms that each party will bear their own legal costs, ending the regulatory uncertainty that has been surrounding XRP since late 2020 through various maj...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

XRP price prediction models are signaling a potential 35% surge to $1.7 following the recent pause in the Ripple-SEC legal battle. This XRP price prediction comes as both parties have requested courts to hold appeals in abeyance, and also creating optimism for a settlement that could unlock significant price appreciation right now. SEC Legal Filing Document – Source: SEC.gov Also Read: XRP ETF Approved for Toronto Stock Exchange Launch Ripple-SEC Lawsuit Pause Fuels Bullish XRP Price Prediction Source: Coinpedia The Ripple SEC lawsuit has taken a crucial turn, with both parties filing a joint motion to pause Second Circuit appeals. This pause is pivotal for future XRP price predictions. At the time of writing, JackTheRippler stated on social media: BREAKING: The SEC is mandated to submit a status report by August 15, 2025! #XRP The parties have requested that the Second Circuit continue to hold the appeals in abeyance! pic.twitter.com/UXdwQo3CL7 — JackTheRippler ️ (@RippleXrpie) J...

The long-running legal battle between Ripple and the Securities and Exchange Commission (SEC) has entered a fresh period of uncertainty as both parties await a pivotal court decision that could shape the outcome.  In a joint status update filed on June 16, Ripple and the SEC requested the Second Circuit Court of Appeals to continue holding the appeals in abeyance. According to defense attorney James Filan, who shared the update on X on June 17, the move is linked to a pending motion for an indicative ruling in the lower court, an essential step toward modifying the final judgment and implementing a proposed settlement. As part of the latest timeline, the SEC has been directed to submit a status report by August 15, 2025. #XRPCommunity #SECGov v. #Ripple #XRP In light of the pending motion for an indicative ruling, the parties have requested that the Second Circuit continue to hold the appeals in abeyance, with the @SECGov to file a status report by August 15,...

By mid-May, Bitcoin (BTC) reclaimed the $100,000 level, and with numerous other cryptocurrencies following its lead and reaching long-lost heights, many investors are optimistic that the long-awaited ‘altseason’ is starting. However, not all assets fly in a bull market, and not all that do are met with equal success.  Therefore, Finbold analyzed key market trends and identified three standout altcoins worth watching in the second half of this month. Ethereum (ETH) Ethereum (ETH) has spent much of the 2024 and early 2025 cycle out of the limelight, but recent developments are once again bringing it to the forefront of the altseason. The token’s price action is the most obvious reason for the resurgence. After being stuck below $2,000 since early March, ETH shot up from $1,810 on May 8 and hit the latest high above $2,675 on May 14.  While trading in the last 24 hours has been downward and took the cryptocurrency to $2,560, most experts estimat...

The Solana (SOL) competitor Sui briefly ticked up in price on Thursday after news broke that the crypto exchange-traded fund (ETF) provider 21Shares filed for a spot SUI ETF in the US. SUI was trading around $3.56 prior to the announcement and jumped to a high of $3.75 a few hours later, an increase of more than 5%. The 13th-ranked crypto asset by market cap has since retraced and is trading at $3.57 at time of writing. Duncan Moir, president of 21Shares, says the Sui ETF filing, which is subject to approval from the U.S. Securities and Exchange Commission (SEC), reflects consumer demand and the firm’s belief in the project. “Since our earliest research into Sui, we believed it could become one of the most exciting blockchains in the industry, and we’re seeing that thesis play out.” The crypto asset manager Canary Capital has also filed for a SUI ETF. The SEC is currently mulling more than 70 applications for various crypto exchange-traded prod...

On Thursday, March 13, the Securities and Exchange Commission (SEC) website published a document titled ‘Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.,’ immediately sparking interest and speculation. In five pages, the document presents a rough outline of how XRP might become a strategic tool in America’s financial arsenal while also proposing the role of several other cryptocurrencies. XRP as a strategic asset: The why In the first section, the document assumes that a government-level adoption of the token could release as much as 30% of the U.S.’ $5 trillion share of the global Nostro accounts – $1.5 trillion – and provide $7.5 billion in annual savings on transaction fees. Picks for you Tonkeeper Pro now supports USDT TRC20 tokens with no TRX required 24 mins ago ...

The US Securities and Exchange Commission (SEC) said that meme coins like Dogecoin and Shiba Inu are not securities, marking a landmark regulatory shift for the crypto industry. The agency’s decision, outlined in a Feb. 27 statement, says meme coins are “akin to collectibles” rather than financial instruments subject to securities laws. “A meme coin is not itself a security,” the regulator said in a statement. ”Meme coins typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation. In this regard, meme coins are akin to collectibles. Meme coins also typically have limited or no use or functionality.” The SEC’s guidance highlights a broader shift in US crypto regulation under the pro-crypto Trump administration, marking a departure from the regulation-by-enforcement approach of former chair Gary Gensler. “This is HUGE,” said The Ko...

Several prominent firms have been jumping into the ETF market. Cryptocurrency exchange-traded funds (ETFs) have been growing in popularity. More recently, prominent asset manager Grayscale submitted a filing with the US Securities and Exchange Commission (SEC). The firm intends to convert its $16.1 million XRP trust into an ETF. Amidst this, an ETF filing that made headlines was Litecoin (LTC). The real question is which cryptocurrency will get approval first. Also Read: 1,000+ USAID Staff Fired After Refusing Musk’s D.O.G.E. Team Secure Access XRP vs Litecoin: Which Asset Will Get An Approval? Source: Bitget Considering the current state of the government, both these assets will likely garner a green signal. According to a Bloomberg analyst, the chances of a Litecoin ETF snagging approval from the SEC before Ripple’s XRP were higher. James Seyffart pointed out how the SEC continues to assert that XRP is a security, which might prevent ETFs based on the cryptocurrency from receivi...

The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security. “As it relates to Bitcoin, my predecessor and I have said that it’s not a security.” Bitcoin’s designation as a “non-security” places regulation of the flagship crypto outside the SEC’s jurisdiction. Responding to the news, Dogecoin (DOGE) creator Billy Markus took to the social media platform X to call out Gensler for not giving DOGE the same classification. “he should say dogecoin isn’t a security also as it is mostly bitcoin code and works exactly the same way” Gensler has yet to respond to the vocal DOGE co-founder. This is not the first time Markus has criticized Gensler’s performance as SEC chair. In December of last year, Markus responded to a Gensler claim ...

Ripple’s XRP token is being corrected after a rally last weekend. The asset is up 4.9% in the 14-day charts and 12.9% in the yearly charts but is down 0.5% in the daily charts, 2.8% in the weekly charts, and 1.6% over the previous month. Source: CoinGecko Also Read: Cardano: Is There Still Hope for ADA to Reach $1 in 2024? Why is The Crypto Market Dipping? The crypto market rallied over the weekend following Federal Reserve chair Jerome Powell’s announcement of interest rate cuts starting in September 2024. The rally, however, was shortlived, and Bitcoin has fallen to the $63,000 level after briefly surpassing $64,000. The dip could be due to investors not feeling confident about risky assets and a general bearishness in the market. Also Read: Ripple: AI Predicts XRP’s Price For September 1, 2024 How High Will XRP Go in September 2024? Source – FX Empire According to CoinCodex data, Ripple’s XRP token could surge to $0.79 on Aug. 31, 2024. The platform does not e...

A decentralized finance (DeFi) platform based on the smart contract platform Solana (SOL) is drafting a proposal to settle with the U.S. Securities and Exchange Commission (SEC). In a new community proposal, the decentralized autonomous organization (DAO) of Mango Markets (MNGO) has voted to settle with the SEC even though the regulator hasn’t formally charged the decentralized exchange (DEX) protocol with any crimes. However, the SEC and other federal agencies launched an investigation into Mango Markets after crypto trader Avraham Eisenberg exploited the protocol for $110 million in 2022. According to the Mango DAO, the SEC has accused them of violating several clauses in The Securities Acts of 1933 and 1934. The DAO goes on to say the settlement, if accepted by the SEC, would include a $233,228 civil penalties payment and an agreement to cease “all of its offers, sales or resales of MNGO tokens on the protocol through the means or instrumentalities...