In a significant ruling, a Boston federal court has sentenced Trung Nguyen, a 30-year-old from Massachusetts, to six years behind bars for running an unregulated cash-to-bitcoin exchange. Judge Richard Stearns
Cardano is gaining bullish momentum, eyeing a potential breakout towards $1 after a notable rebound from a critical support level. Cardano price prediction turns bullish as ADA jumps 13% after
On May 23rd, COINOTAG reported on a notable gathering at Trump’s Washington golf club featuring a carefully curated dinner menu. Attendees enjoyed an array of gourmet options, including an organic
The post Ripple Lawsuit News: Ex-SEC Attorney Opens Up About New ‘Corrected Filing’ appeared first on Coinpedia Fintech News The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken an unexpected turn — and XRP holders are once again left in suspense. Judge Analisa Torres rejected a joint request from both Ripple and the SEC to finalize their proposed settlement agreement. The development caught much of the crypto community off guard and has raised new questions about where the lawsuit stands today. To recap — earlier this month, both Ripple and the SEC agreed to a revised settlement that would reduce Ripple’s financial penalty from $125 million to $50 million, refunding the remaining $75 million back to the company. Additionally, both parties sought to lift a prior injunction that restricted Ripple from certain future actions. However, Judge Torres declined the request. The reason? Procedural missteps. Where Is the New Filing? It’s been over a week since Judge Torres’ ruling on May 15th, and no corrected filing has appeared on the docket. This delay has sparked frustration and speculation in the XRP community, with many wondering what’s causing the holdup. Because it wasn’t just “procedural inaccuracies.” There was a significant substantive problem with their approach, and the judge made it clear the bar they must clear is a lot higher than they’d claimed. — Marc Fagel (@Marc_Fagel) May 22, 2025 A former SEC lawyer weighed in, explaining that the issue wasn’t merely a procedural oversight. According to the legal expert, there was a “significant substantive problem” with the original agreement’s approach — and Judge Torres made it clear that both parties would need to meet a much higher standard to justify amending a final ruling. What Does This Mean for Ripple and XRP? This procedural fumble doesn’t spell the end for Ripple’s hopes of settling the case, but it does delay the process. For now: The original $125 million fine still stands. The existing injunction remains active. The SEC’s case against Ripple technically remains open. The Ripple vs SEC case continues to be a chess match of legal maneuvers. While both parties seem eager to settle, courts don’t easily reverse final judgments without a well-supported legal argument.
Ethereum (ETH) is showing strong momentum amid rising trading volumes, bullish community sentiment, and technical patterns hinting at a potential breakout to $3,200. The world’s second-largest cryptocurrency by market cap has been on a tear lately, climbing 5.6% in the last 24 hours to reach $2,666, with a 30-day gain of more than 64%. This surge has reignited discussion around key price targets, particularly two unfilled CME futures gaps near the $3,200 mark. CME Gaps and the $3,200 Target According to pseudonymous crypto trader Titan of Crypto, such gaps “tend to get filled,” implying ETH’s rally might be far from over. The technical rationale behind his claim finds support in historical price behavior, where such voids often act as a magnet for future price action. These differences are usually created when the market starts a new week significantly higher than it closed the previous week. Ethereum, which is currently riding a wave of bullish momentum, appears to be targeting these levels next, provided it can overcome key resistance zones. Analyst Michaël van de Poppe weighed in on May 22, noting that the crypto asset recently cleared the $2,400 resistance zone. “I assume that Ethereum is following Bitcoin and will break to $3,000+,” he said, highlighting the correlation between the two. Nonetheless, some market watchers are arguing caution. As CryptoPotato recently reported, ETH has entered an “ overheated state ” following intense trading activity and profit-taking near $2,600. According to on-chain data from CryptoQuant, the altcoin may face a short-term cooling period before resuming its upward trajectory. Despite the potential pause, there is still strong long-term conviction, with Santiment data showing less than 5% of ETH is now held on centralized exchanges, the lowest level in more than 10 years. Additionally, last week, investment products linked to the token saw inflows worth $205 million , signaling renewed institutional confidence following the Pectra upgrade. Altcoin Season on the Horizon? Meanwhile, the crypto community is buzzing, with YouTuber Crypto Rover linking Ethereum’s latest uptick to an impending altcoin season. Chris Burniske, who formerly headed ARK Invest’s crypto division, also pointed to ETH’s strength against BTC as a trigger for alt rallies. The cryptocurrency’s recent performance shows a 37.4% gain over 14 days, accompanied by a 64% surge in the past month, which still leaves it more than 29% below its all-time high. According to digital asset investor Daan Crypto Trades, Ethereum’s next critical resistance is at $2,850, a level that, if broken, could pave the way for the $3,200 CME gap fill predicted by Titan of Crypto. The post Ethereum Price Could Surge to $3,200 as CME Futures Gaps Remain Unfilled appeared first on CryptoPotato .
As the crypto market enters a pivotal phase in 2025, top analysts are turning their attention to a select group of tokens with the potential to deliver truly exponential gains. While Bitcoin and XRP remain foundational, it’s MAGACOIN FINANCE, Ethereum, and Solana that are now being tipped for breakout runs of up to 10,000% this cycle. With whale accumulation, robust presale momentum, and technical strength, these assets are poised to define the next wave of crypto growth. 5000% ROI STILL ON THE TABLE – ACT NOW MAGACOIN FINANCE: Early-Stage Momentum and Whale Accumulation MAGACOIN FINANCE is rapidly emerging as the most-watched presale of 2025, with over $8 million raised and Stage 8 nearly full. The project’s scarcity-driven model—a capped 100 billion token supply, 45% in presale, and Hashex-audited contracts—has made it a magnet for both retail and institutional capital. Analysts are forecasting returns of 35x–185x, with some models suggesting a $1 target by year-end if current momentum continues. Whale allocations and rapid presale sellouts highlight strong conviction, and a recent 72.95 ETH buy marks the largest single early-stage crypto purchase of 2025. With a 50% bonus for early buyers using promo code PATRIOT50X, MAGA is now the leading candidate for a 10,000% breakout as Q3 approaches. Ethereum: Technical Breakout and Bullish Projections Ethereum (ETH) is trading at $2,621, up 2.8% on the day and showing strong resilience above its short-term average. Trading volume has surged nearly 68% in 24 hours, and analysts see a clear bounce from trendline support, with resistance levels at $2,853, $3,023, and $3,222 in sight. Projections for 2025 are bullish, with DigitalCoinPrice forecasting new all-time highs above $4,800 and potential spikes to $5,700 by year-end. As Layer-2 adoption and ecosystem expansion continue, Ethereum remains a core holding for those seeking both stability and outsized growth in the next altcoin season. Solana: Whale Buying and Technical Strength Solana (SOL) is trading around $166, consolidating after a sharp rally and drawing attention from large investors. Whale accumulation is on the rise, with two wallets recently withdrawing over 250,000 SOL (worth $60 million) from exchanges in a single month. Despite a mild correction, Solana’s price is up 34% over the past 30 days and the network’s ecosystem market cap has surged past $342 billion. Analysts remain bullish, with long-term targets as high as $400–$500 if current momentum and institutional flows persist. As capital rotates into high-upside plays, Solana is firmly positioned as a top Layer-1 for the next cycle. XRP and Cosmos: Quiet Accumulation, But MAGA Steals the Spotlight XRP is trading at $2.42, with whale activity and long-term accumulation wallets growing rapidly. While XRP’s short-term gains are encouraging, many traders are now diversifying into early-stage tokens like MAGACOIN FINANCE for sharper upside. Cosmos (ATOM) is also attracting developer interest, but its price action remains subdued compared to the explosive momentum seen in MAGA’s presale. CLICK HERE – $0.007 LISTING COMING FAST Conclusion With analysts forecasting up to 10,000% gains, MAGACOIN FINANCE, Ethereum, and Solana are now at the center of the 2025 breakout narrative. Whale moves, technical strength, and viral presale demand are converging to set the stage for a historic altcoin run. As Stage 8 for MAGA nears completion and listings approach, the window for early entry is closing fast. For those seeking the next supercycle winner, MAGACOIN FINANCE stands out as the top early-stage opportunity of the year. Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: New 2025 Outlook: MAGACOIN FINANCE, Ethereum, and Solana Tipped for a 10,000% Breakout Run by Top Analysts
The latest data from Farside monitoring indicates that the **US Ethereum spot ETF** experienced a remarkable net inflow of **$110.5 million** on May 23rd. This surge reflects a robust investment
Cardano is accumulating bullish momentum towards $1 after a successful rebound from a pennant support level.
An altcoin rally is anticipated as gold’s breakout and Bitcoin’s (BTC) setup mirror historical bull signals Dan Gambardello highlights altcoins like Ethereum (ETH), Cardano (ADA) building strength for a significant surge. The broader altcoin market, though currently lagging, shows strong potential for an explosive catch-up this cycle. After gold’s explosive breakout, market analysts are now watching Bitcoin (BTC) closely, figuring it’s next in line for a huge run-up. According to crypto analyst Dan Gambardello, the current market setup for Bitcoin is strikingly similar to a familiar historical pattern that previously led to significant gains. The same way gold surged in late 2020 before Bitcoin followed, current charts suggest a repeat may be underway. If true, this could mark the early stages of a full-blown crypto bull market, pulling major altcoins like Ethereum and Cardano along for the ride. crypto about to do what gold just did…*EXPLODE* Intro 00:00 Gold and crypto 00:50 Bitcoin looks like gold 1:40 Altcoin power move 3:15 Cardano weekly 4:25 ADA breakout? 5:15 Ethereum altcoin bull market timeline 9:00 pic.twitter.com/JLzB58IBqJ — Dan Gambardello (@cr… The post Bitcoin Could Be Next After Gold’s Breakout as Altcoin Season Nears appeared first on Coin Edition .
Crypto investors from around the world funneled $148 million into Trump’s meme coin for a private dinner held Thursday at his Virginia country club. The invite-only event took place at Trump National Golf Club in Sterling, just outside Washington, with Trump flying in by Marine One. Dozens of wealthy holders of the $TRUMP coin arrived in limousines and black-tinted SUVs while protestors gathered at the gate. Some held signs that read “Crypto corruption” and “America is not for sale.” The dinner was the final reward in a months-long contest that ranked buyers of the $TRUMP meme coin. The top 25 wallets — which alone spent over $111 million — got VIP access, and four of them received limited edition Trump Tourbillon watches valued at $100,000 each. A total of 220 holders were invited. Over half of them were traced to non-US countries through blockchain data. Inside the ballroom, guests wore tuxedos, ate filet mignon and halibut, and posed for photos with Trump, who spent around an hour at the event. Crypto moguls cash in for private access Justin Sun, the China-born billionaire behind multiple crypto projects, came out on top of the contest. He spent $18.5 million in $TRUMP coin, earning himself first place and a front-row seat at the dinner. Justin, who is an adviser to Trump’s World Liberty Financial, also posted videos of himself at the Executive Office Building earlier in the week. His SEC fraud case was paused in February. “Grateful for the invitation,” Justin wrote on X. The SEC declined to respond when asked about Sun’s attendance. In a video posted by a guest, Trump told the crowd: “I always put the country way ahead of the business. You become president of the United States, and you want to see people thrive and succeed. The Biden Administration persecuted crypto innovators and we’re bringing them back into the USA where they belong.” A firm linked to the Trump family and a second unnamed company currently hold 80% of the $TRUMP coin supply. Together, they’ve already collected over $320 million in fees — at least $1.35 million of that came after the dinner announcement, based on blockchain analytics reviewed before the event. Vincent Liu, chief investment officer at Kronos Research in Taiwan, said he joined the event for a chance to connect with other crypto whales. “That kind of access is rare,” Vincent said. Former NBA player Lamar Odom also attended, sharing images of himself with a meme coin promotion on his social media account. Odom walked past protestors carrying an umbrella. Protestors at the gate shouted “Trump is a traitor” and waved signs condemning crypto ties to politics. Democrats slam dinner, call for crypto ban in government Not everyone was happy. On the same day, Senator Elizabeth Warren and Senator Chris Murphy held a press conference slamming Trump’s dinner as “an orgy of corruption.” Even Senator Cynthia Lummis, one of the most vocal crypto supporters in Congress, admitted the event “gives her pause.” Senator Murphy raised concerns over the lack of transparency, pointing out the presence of a man known only as Ogle. “That’s it. That’s all we know about this guy,” he said. Ogle, reached later, said he hides his identity for safety reasons. He’s a crypto security specialist who says he’s helped victims recover over $500 million in stolen crypto. “My motive for attending this dinner is very straightforward,” Ogle said. “I’m curious by nature, I believe it will be an historic moment, and I’m fortunate to have the opportunity to go.” He holds $3.6 million in $TRUMP coin and is an adviser to World Liberty Financial. Ogle ranked 22nd in the contest. Sheldon Zia, founder of the Cayman Islands-based BitMart exchange, was also among the top 25. He posted on X that he would be attending both the dinner and a VIP cocktail event beforehand. Vincent Deriu, a 27-year-old consultant from New York, said he owns dozens of Trump product,s including watches, sneakers, and over 50 NFTs. He paid $116,000 for his seat at the dinner. Plates served that night included organic field greens, mashed potatoes, a vegetable medley, and warm chocolate lava cake. A gold-lettered photo of the menu made its way onto X minutes after the event. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now