Prominent attorney and long-time XRP advocate John Deaton has shared his thoughts on one of the latest developments in the case between the U.S. Securities and Exchange Commission (SEC) and Ripple. Reacting to Judge Analisa Torres’ decision regarding the SEC’s request for an indicative ruling to dissolve the injunction against Ripple, Deaton stated , “Although I believed she would ultimately grant the indicative ruling, I can’t say I’m shocked.” His comment reflects a balance between expectation and acknowledgment of the legal complexities surrounding the case. Judge Torres’ Firm Approach In an attached video, Deaton elaborated on the legal reasoning behind the judge’s response. He explained that Judge Torres signaled clear dissatisfaction with how the SEC approached its request. According to Deaton, the judge pointed out that the SEC cited the wrong legal rule in its motion. More importantly, the SEC had failed to demonstrate the presence of exceptional circumstances that would justify the court reversing or dissolving its prior injunction. Deaton emphasized that Judge Torres made it clear that the bar for dissolving an injunction is set very high. She reminded the parties that her original decision was grounded in the law and that simply deciding to change course would not be sufficient justification. Deaton noted her firm stance, summarizing her message as requiring the SEC to present substantial justification, not mere convenience. Frustration with the SEC’s Approach Deaton did not hold back in expressing his view that the judge appeared frustrated by the SEC’s approach. Referring to Judge Torres’ reaction, he commented, “I thought, shit, she’s pissed off.” He pointed out that the judge has dedicated over four and a half years to this case, investing significant time, resources, and judicial effort. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The sudden pivot by the SEC, which initially pursued a $1.3 billion penalty but later asked the court to reduce the $125 million fine by 60% seemed insufficiently justified from her perspective. Deaton suggested that this abrupt change in position likely contributed to the judge’s demand for a higher standard of explanation. He framed it as an understandable reaction, considering the magnitude and duration of the litigation. Expectations Regarding Legal Filings Deaton further commented on the quality of the briefings presented by both the SEC and Ripple in response to the court’s requirements. He expressed disappointment, stating that he had expected a more detailed and thorough submission. His remarks suggested that both parties, particularly the SEC, underestimated the burden of proof required to satisfy the court’s demand for exceptional circumstances. He reiterated that the judge’s insistence on more substantial evidence and reasoning reflects the serious nature of changing a court order. Deaton’s analysis indicates that Judge Torres is maintaining strict adherence to legal standards rather than allowing procedural shortcuts. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post John Deaton Explains Why Judge Denies Ripple (XRP) and SEC’s Joint Motion appeared first on Times Tabloid .
Lido, Ethereum’s largest liquid staking protocol, is making a major overhaul to its governance structure. Lido DAO members have largely unanimously approved a two-way governance system that gives stakers (stETH holders) the power to delay or veto governance proposals. The new system brings a balance to the current governance model, where only Lido token holders (LDO) can submit proposals and participate in voting. The aim is to prevent LDO holders from approving a proposal that would negatively impact Lido’s stakers or the Ethereum ecosystem. According to the new structure, stakers, namely stETH token holders, will be able to register their objections to a governance proposal by depositing their stETH assets into a special “escrow contract.” If 1% of the total staked ETH is deposited into this contract, the relevant proposal will be postponed for 5 days in the first stage. As this rate increases, the postponement period will also be extended. If a 10% threshold is exceeded, the offer will be completely “frozen” and the protocol will enter “Rage-Quit” mode. In this case, either the dissenting stakers will withdraw all their assets, or Lido DAO will completely cancel the relevant offer. During this period, no new offers will be implemented. Related News: On-Chain Data Is Surprising: Transaction Volume on a Major Altcoin Has Tripled in the Last Three Months The main phase of the vote was completed with 53.6 million LDOs casting a “Yes” vote, just above the quorum of 50 million LDOs. Only a single person cast a “No” vote of 1.18 LDOs. These results indicate a similar turnout to previous Lido DAO votes. In the remaining “objection” phase of the voting process, only LDO holders have the right to vote “No” or change their current vote from “Yes” to “No.” Unless there is a large-scale organized counter-campaign at this stage, the proposal is expected to be finalized on June 30 at 17:00 (GMT+3). Ethereum co-founder Vitalik Buterin made a statement supporting two-way governance. Buterin emphasized that this structure creates an independent security layer “especially against malicious actions” and allows Ethereum stakers to position themselves as true rights holders in the Lido ecosystem. The Lido team described the change as “one of the most significant protocol upgrades in the entire Lido ecosystem.” *This is not investment advice. Continue Reading: A Major Update and Change Has Arrived for an Important Altcoin – Vitalik Buterin Also Made a Statement
The Central Bank of Bolivia revealed that the use of virtual assets skyrocketed during the first semester of 2025, increasing more than sixfold compared to 2024’s figures. Additionally, operations grew twelve times since last July. Central Bank of Bolivia Reveals Virtual Assets’ Volumes Rose Over 600% in the First Half of 2025 The use of
Over 25% of South Koreans aged 20 to 50 now hold cryptocurrency, signaling a significant shift in investment behavior as digital assets become integral to financial planning. The Hana Institute
Cathie Wood, the CEO of ARK Invest, has lauded a new proposal by the US Federal Housing Finance Agency (FHFA) that could change the mortgage market. The FHFA is considering a proposal to factor in cryptocurrency, particularly Bitcoin when qualifying for a mortgage. Wood described the move as “a major step” toward integrating digital assets with traditional financial systems . She says the proposal could bring financial access to millions of crypto investors who are barred from homeownership because their wealth isn’t stored in traditional assets. FHFA explores crypto for mortgage approval The FHFA has said that it’s actively working to figure out how digital assets can have a valid place in mortgage underwriting. Bill Pulte, a housing advocate involved in the ongoing talks , said , “We will study the usage of cryptocurrency holdings as it relates to qualifying for mortgages.” It would be a break from traditional mortgage underwriting, which large banks use to vet potential homeowners based primarily on their income stability, proven employment record and credit score. Today, crypto holders looking to purchase homes frequently need to convert their cryptocurrency holdings to cash, generating taxable events and giving up long-term investment positions. The FHFA’s proposal would enable them to hold on to their Bitcoin while employing it to secure home loans . Top crypto figures push for Bitcoin-backed mortgages Cathie Wood isn’t the only big-name proponent of the proposal. Bitcoin bull and Strategy Chairman Michael Saylor has contended for some time that Bitcoin should be seen as a serious financial asset rather than a plaything and has not been shy of proclaiming its virtues to anyone who will listen. Getting a traditional loan can be difficult for many crypto investors, particularly pioneer adopters, freelancers and online entrepreneurs because their income is not funneled through traditional paths. They get turned down despite having substantial crypto wealth. The proposed rule change would partially redefine who can be considered “creditworthy.” Instead of penalizing nontraditional earners, it would establish a framework that mirrors modern wealth building. Authorities add that this direction would incentivize lenders to create and offer mortgage products designed specifically for digital currency owners. It may also create crypto-collateralized mortgages, in which borrowers put up part of their crypto stocks as assets against the loan, all without having to cash out their assets. Digital assets gain ground in the mortgage market If the FHFA’s proposal is adopted, it could have effects far beyond the mortgage market. If the home loan sector formally embraces cryptocurrency, it would be a formal step towards embracing digital assets as part of the broader financial system. For crypto holders, that could be a brave new world of financial inclusion. Borrowers could use their Bitcoin as investment capital to secure real-world, tangible assets, such as homes, with loans. This would unlock liquidity without taxes on capital gains and without being required to sell your source of income. The move may prompt wider adoption of Bitcoin and other cryptocurrencies among retail and institutional investors. For one, it would give the space the coveted sense of legitimacy if major institutions supported by the government accepted crypto as part of financial qualification processes. Banks could even be persuaded to build infrastructures to deal with crypto-backed loans. People may have some hybrid lending tools in the future, such as fiat- and crypto-based mortgage offerings. If Bitcoin-denominated mortgages become the norm, new types of mortgage-backed securities, including exposure to digital assets, could be introduced. The FHFA is still collecting public input and studying the potential effects, but the response from crypto and financial leaders indicates powerful winds behind the concept. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Over 25% of Koreans in their 20s to 50s now hold crypto, with 70% looking to expand their investments as virtual assets become central to retirement planning.
The post XRP Price Prediction As Bulls Prepare For Final 2025 Breakout appeared first on Coinpedia Fintech News The price of XRP is showing bullish signs but remains stuck within a tight range. After bouncing from around $2.07 a couple of days ago, XRP is now facing resistance near $2.19 to $2.20, a level it struggled to cross during its last attempt. Current Support and Resistance Zones At the moment, XRP has strong support between $2.07 and $2.10, where buyers have stepped in recently. On the upside, the key resistance remains around $2.19 to $2.20. If the price can manage to break and hold above this range, it could aim for the next targets around $2.24 to $2.25. A bullish move would be if XRP pushes above the $2.30 to $2.35 zone. That would open the door for a rally toward $2.60, possibly retesting previous highs. But for now, the market isn’t showing strong momentum in either direction. Market Sentiment Still Bearish Or Bullish? Like the rest of the crypto market, XRP is moving cautiously. Most cryptocurrencies, including Bitcoin and Ethereum, are lacking clear direction at the moment, causing XRP to trade sideways too. An analyst has predicted that XRP could be gearing up for a major breakout in 2025. After months of moving sideways, the price has finally broken above a key resistance level and is now holding steady around $2 to $1.90. Is $XRP the next big breakout of 2025? Price broke Resistance after months of consolidation. Now holding strong support at $2 / $1.90 — bulls fully in control. If this holds, #XRP could lead the next altseason run. Comment your target. Retweet if you're ready. pic.twitter.com/1fOrcPgOTc — Crypto Patel (@CryptoPatel) June 29, 2025 According to the analyst, bulls are firmly in control for now. If XRP manages to stay above this support zone, it could be one of the altcoins to lead the next big rally in the crypto market. What to Watch Next In the short term, the focus remains on whether XRP can clear $2.20. A clean move above this could invite more buyers and push the price higher. On the flip side, if XRP drops below $2.14, it could test lower support levels again around $2.07.
A new version of a notorious banking malware is hitting Android phones, allowing hackers to steal login details and control banking apps in real time, according to researchers. The cybersecurity firm Zimperium says the malware employs a novel virtualization technique that allows legitimate banking apps and other applications on a victim’s device to be hijacked. “Instead of simply mimicking a login screen, the malware installs a malicious “host” application that contains a virtualization framework. This host then downloads and runs a copy of the actual targeted banking or cryptocurrency app within its controlled sandbox. When a user launches their app, they are seamlessly redirected to this virtualized instance, where every action, tap, and data entry is monitored and controlled by the malware at runtime.” Zimperium says the novel technique allows the malware to intercept login credentials and other sensitive information of victims in real time. “The malware grants attackers the ability to steal a wide range of login credentials, from usernames and passwords to device PINs, ultimately leading to a full account takeover.” The new version of the GodFather banking malware, which hits users who download malicious apps from unofficial sources or click phishing links, is targeting nearly 500 financial applications across the globe. “The targeting is exceptionally comprehensive in the banking sector, covering major financial institutions across North America, Europe, and Turkey. In the United States, the list includes nearly every major national bank, prominent investment and brokerage firms, and popular peer-to-peer payment apps. In the United Kingdom and Canada, the largest and most widely used retail and commercial banking applications are targeted. The campaign is also extensive across Europe, with major banks in Germany, Spain, France, and Italy included in the target list.” Besides banking, cryptocurrency wallets and exchange applications, the malware is also targeting other popular applications including those in the digital payments and e-commerce sectors. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Hackers Spying on Android Phones in Real Time, Targeting 500+ Bank, Crypto and Payment Apps To Steal Sensitive Data: Cybersecurity Firm appeared first on The Daily Hodl .
Coinbase’s Wrapped BTC (cbBTC) supply has surged, capturing a significant 25.1% market share in the wrapped Bitcoin ecosystem, signaling a shift in user trust and market dynamics. This growth not
AI Companions defies the bearish AI market with an 8% surge as bullish momentum and a $0.19 liquidity target hint at a potential breakout.