Multiple crypto lawyers have theories regarding the U.S. Securities and Exchange Commission’s (SEC) ongoing case against the payments firm Ripple. The SEC has dropped several big-name crypto enforcement actions this year, including lawsuits against Coinbase , Kraken , MetaMask and investigations into Robinhood and OpenSea . Attorney James “MetaLawMan” Murphy theorizes that the SEC’s unexplained delay in dismissing the Ripple case could be because the firm “is negotiating hard to get the SEC to agree to vacate some or all of Judge Torres’ decision.” The SEC first sued the San Francisco-based payments firm in late 2020 for allegedly selling XRP as an unregistered security. In 2023, District Judge Analisa Torres ruled that Ripple’s automated, open-market sales of XRP did not constitute security offerings, contrary to what the SEC alleged. The judge did, however, side with the SEC’s claim that Ripple’s sales of XRP directly to institutional buyers were securities offerings. The crypto legal expert Jeremy Hogan agrees with Murphy’s theory, noting that the delay in dismissing the case is likely due to the injunction in Torres’ ruling. “The court enjoined Ripple from (basically) making sales directly to customers. There are workarounds for that, but obviously Ripple would rather not have the injunction at all! So, assuming the SEC is willing to work on this with them, the issue is this: once a court issues an injunction, the parties themselves can’t simply agree between them to disregard the injunction! Trust me, many men have gotten in legal trouble by thinking that since they got back with their girlfriend, they could ignore the restraining order (a type of injunction) against being within 200 feet of her. So, how do you dissolve an injunction? It’s not simple, which is why I think the case doesn’t resolve until April-May whereas all these other cases have already been dismissed.” Hogan also explains what he thinks Ripple needs to do to get the injunction dissolved. “Ripple only has one shot at getting the injunction dissolved with the trial court so it will have to draft a very carefully worded motion. That takes time and the SEC will basically have to sign off on it – more complication. Once that is agreed to, both parties stip to dismiss their appeals and then Ripple files its motion with the trial court. And then the judge has to rule on the motion which can also take some time. That’s how I see it playing out and that’s why I think May is the month – although I could see the appeals being dismissed in April, prior to Ripple’s brief due date.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram 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 Legal Expert Jeremy Hogan Says SEC Case Against Ripple Likely To Be Resolved in May – Here’s Why appeared first on The Daily Hodl .
Bitcoin’s recent price fluctuations have raised eyebrows in the financial community, yet derivatives markets indicate that investor confidence remains unshaken. The ongoing struggle of Bitcoin to maintain stability amidst macroeconomic
Bitcoin has fallen sharply in recent market action, coinciding with a broad sell-off in stocks following the Trump administration's announcement of new tariffs on major trading partners. Meanwhile, gold cemented its status as a traditional safe haven asset, rising to $2,915 an ounce today, approaching last week's record high of $2,950. While gold's rise signals investors' growing demand for stability amid economic uncertainty, analysts argue that Bitcoin has yet to fulfill its role as a reliable hedge. “Bitcoin has never really been a safe haven asset, merely an aspirational asset,” Uldis Teraudklans, Chief Revenue Officer at Paybis, said in a statement. “Nevertheless, the promise remains and every cycle critics revisit this so-called ‘failure,’ but my perspective is that BTC has consistently been a risk asset.” Teraudklans also suggested that BTC’s long-term trajectory could still lead it to safe haven status, but only when its market cap rivals that of gold can its role as a reliable hedge be fully appreciated. Related News: Bitcoin Price Decline Dominates, Ethereum Saw Below $ 2,000 - What Causes the Decline? Here is the Latest Situation André Dragosch, Head of European Research at Bitwise, also noted Bitcoin’s short-term volatility. “In the very short term, Bitcoin appears to be most sensitive to changes in the global growth outlook, which has certainly deteriorated recently,” Dragosch said. “However, in the medium to long term, BTC remains a major contender for the world’s next reserve asset and should also benefit from the return of easy monetary policy should a U.S. recession truly occur.” The Trump administration’s tariff policies have further added to market uncertainty. Recent announcements include tariffs on goods from China, global tariffs on aluminum and steel, and threats of 25% tariffs on EU imports. “US President Donald Trump’s latest tariff announcement has shaken markets and increased economic uncertainty,” said BullionByPost General Manager Pete Walden. “Gold, the ultimate safe-haven asset, has benefited tremendously as investors seek protection from uncertainty.” *This is not investment advice. Continue Reading: Bitcoin Plummets as Ounce of Gold Races to a Record – Experts Assess the Latest Situation
White House Invites Michael Saylor to Crypto Summit in Washington, DC This Friday
After successfully closing February above the $80,000 price in March, the new month looks promising for the apex cryptocurrency Bitcoin. Observing a handful of positive trends, key figures have outlined their bullish expectations for Bitcoin in March. Pseudonymous crypto trader and investor DaanCrypto highlights Bitcoin’s chances at making a full comeback. “With BTC at $80K, the upside potential will be more attractive to sidelined capital again. E.g. The $150K level is something that has been discussed a lot. That’s almost a 100% gain from this point. Compared to a ~50% move just a week earlier.” He wrote. The risk/Reward ratio is also notably promising, courtesy of the recent market dump. As Dan remarks, assets are 20% cheaper. Long-term holders are expected to increase their investments, while a new entry point opens up for newbies. Affirming the bullish sentiments, analyst Miles Deutscher reminds the market that March has historically been an excellent month for Bitcoin, adding that the asset typically averages a 13.12% around this time. “This makes it [March] the third strongest month of the year after October and November. Seasonality should be taken with a grain of salt, but it’s still something to consider.” Deutscher wrote. Bitcoin sustains momentum above $85,000 as market optimism heightens On February 28, Bitcoin sustained heavy losses as the asset plunged below the $80,000 price mark. Some market players received the new development as a bottom signal, as liquidations surpassed $680 million. It bears mentioning that Bitcoin had previously recorded massive losses in March, as prices fell by 17.5%, marking the largest monthly loss recorded since 2022. The asset hit a three-month low of $78,273 before retesting previous support levels. After finding support at $78,100 last week, the bulls pushed prices up to $90,320, a crucial point that sent the asset to a $94,204 high before it experienced a mild downward reversal. Bitcoin has successfully secured 10% in daily gains. With daily trading volume soaring up by 193.33%, Bitcoin is trading at a press time price of $85,412, a few thousand dollars away from its all-time high of $109,114.
Bitcoin price volatility continues, but BTC derivatives remain strong, signaling that whales expect a limited price decline.
Substantial amount of Shiba Inu gone in just minutes thanks to the burn campaign
TRUMP: US TO RAISE TARIFFS IF CANADA IMPOSES RETALIATORY TARIFFS
Solana just saw a massive 25% surge after President Donald Trump dropped a bombshell on crypto, sending waves through the market. While Solana news has captured attention, investors are looking beyond SOL for bigger gains. Panshibi (SHIBI) , the latest meme coin sensation, is nearing the end of its presale with predictions of a 100x explosion post-launch. With only days left before prices rise, early investors are scrambling to secure their SHIBI tokens. Solana Eyes $200 After Breaking Key Resistance Levels Solana (SOL) just got a major boost after U.S. President Donald Trump’s bombshell announcement sent shockwaves through the crypto space. Following his statement about the potential inclusion of cryptocurrencies in a national reserve strategy, Solana’s price skyrocketed by 25%, breaking through recent resistance levels. Investors who had been hesitant are now jumping back in, betting that this political shift could accelerate institutional adoption of SOL. Before this surge, Solana had been struggling to maintain stability, with its price swinging between $140 and $178 . A sharp dip below $150 in late February had traders on edge, but the market quickly rebounded as bargain hunters rushed to scoop up SOL at discounted prices. By February 28, the token had already recovered 16%, and momentum hasn’t slowed since. Analysts now expect Solana to retest the $200 mark if the buying pressure continues. Beyond the political catalyst, Solana’s technical indicators have also played a role in this rally. The Relative Strength Index (RSI) hit its lowest level since 2023, signaling an oversold condition that traders interpreted as a buying opportunity. Institutional investors have also increased their exposure to SOL, believing that the blockchain’s speed and low fees will continue to make it a dominant player in DeFi. Solana Recovers But Panshibi Steals The Spotlight With Its Explosive Growth While Solana regains ground, a new contender is quietly stealing the spotlight. Panshibi(SHIBI) , the panda-powered meme coin, is shaking up the market with a presale that’s rapidly selling out. With just days left before its price jumps, investors are scrambling to lock in their positions before SHIBI becomes the next viral sensation. Unlike typical meme coins that ride on hype alone, Panshibi is bringing innovation to the space. With a staking model offering up to 1,200% APY, SHIBI holders can earn serious passive income while being part of an expanding ecosystem. Security is airtight, with a full audit from Coinsult and a liquidity lock for 10 years. These features ensure long-term stability, preventing the usual rug-pull concerns that plague many meme projects. With over $1.2 million raised in its presale and a price still at a bargain $0.005, Panshibi’smomentum is undeniable. As each stage sells out, the price edges closer to its anticipated launch valuation of $0.026, promising early investors an instant 5x gain before it even hits major exchanges. Analysts predict a potential 100x explosion post-listing, fueled by its strong community and strategic market positioning. Solana And Panshibi Lead The Market With Explosive Growth Potential Solana news has reinvigorated the broader crypto market, but Panshibi is offering something even more compelling: a fresh narrative, real-world impact, and the kind of gains that meme coin investors dream of. As SHIBI’s presale nears its final few weeks, those looking for the next big opportunity are acting fast. With major exchange listings and NFT integrations on the roadmap, Panshibi could be the next unstoppable force in the crypto space. For investors seeking a blend of viral appeal, strong fundamentals, and massive growth potential, Panshibi is the clear choice. With time running out and prices set to increase, securing a spot in this presale might just be the smartest move of 2025. Join the Panshibi ($SHIBI) presale and community: Telegram: https://t.me/panshibi Twitter: https://x.com/panshibi_ Website: https://panshibi.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The entire crypto market is sinking.