Legal expert Bill Morgan has issued a critical correction to misleading information recently shared by Fabio Zuccàra regarding the current status of the Ripple vs. SEC legal battle. Zuccàra’s post suggested that a new decision from Judge Analisa Torres was still pending and framed August 15 as a definitive legal deadline. Morgan explained that Judge Torres’ role in the case has concluded, and the remaining steps are procedural matters between Ripple and the SEC, no longer involving the court. Clearing Up the Confusion Morgan emphasized that there is no decision left for Judge Torres to make. “Judge Torres’ role is over,” he wrote, addressing the widespread misconception. According to Morgan, the only action pending is for the SEC commissioners to vote on dismissing their appeal. Ripple has already publicly committed to dismissing its appeal. The contains inaccuracies. There is no decision pending from the Court. Judge Torres’ role is over. We are just waiting for the SEC commissioners to vote on dismissing the Appeal and the parties to take that final step dismissing their respective appeals. Ripple already… https://t.co/ZTQozwlVv9 — bill morgan (@Belisarius2020) August 5, 2025 Previously, both the SEC and Ripple had signed a conditional settlement agreement that required the mutual withdrawal of appeals. However, when the court declined to approve the parties’ request to modify the injunction and reduce the civil penalty, the terms of the agreement were not satisfied. While both appeals are still technically active, they are expected to be withdrawn. What August 15 Really Means Morgan also clarified that August 15 is not a deadline for dismissing the appeals , as Zuccàra’s post had implied. Rather, it’s the date by which both parties are expected to submit a joint status report to the appeals court. He noted that while it is more likely than not that the appeals will be dismissed before that date, the parties could request another extension, although he considers that unlikely. “The dismissal of the appeals may happen before August 15,” Morgan explained, “but 15 August is not a deadline on the parties to dismiss their respective appeals.” We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Path to Final Resolution With Ripple having paid its $125 million penalty into escrow and stating its intent to end its appeal, all eyes are now on the SEC’s internal vote. Once that occurs, the parties can file the paperwork necessary to formally end the long-running case. Until then, both appeals remain legally active. Morgan’s clarification directly contradicts the framing in Zuccàra’s post and helps refocus public understanding of where things stand. He stressed that any remaining developments are purely procedural, hinging on the SEC’s next move. Legal Closure Nears While many in the XRP community had anticipated that August 15 might bring the final word from the court, Morgan’s update serves as an important reminder that the court’s role is finished, and formal closure now rests with the SEC and Ripple. If the SEC votes to drop its appeal—as is widely expected —the parties could file dismissal notices well before the August 15 status report. Bill Morgan’s post provides much-needed clarity and corrects the misleading narrative. Until those final steps are taken, both appeals remain on foot—but the path to resolution appears closer than ever. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post XRP Case Update: Legal Expert Corrects Inaccuracies About August 15 Deadline appeared first on Times Tabloid .
London-based Satsuma Technology PLC has successfully raised £163.6 million ($217.65 million) in an oversubscribed second round of secured convertible loan notes, significantly exceeding its minimum £100 million target. London’s Satsuma Raises Funds for AI and Bitcoin Plans The publicly listed company, Satsuma (LSE: SATS), specializing in decentralized artificial intelligence (AI) and bitcoin-native treasury management, confirmed
Veteran trader Peter Brandt delivered a sharp critique of Bitcoin holders this week. According to posts on X, Brandt, a septuagenarian with more than 800,000 followers, lashed out at those who “hodl” through thick and thin. Related Reading: Slow And Steady: Bitcoin’s Current Rise Feels Different—Study He called them “a bunch of idiots who borrow money to buy pizza.” His message was blunt. He urged people to “get a life,” warning that faith in Bitcoin as a cure-all will leave many disappointed. I have had it up to the tip of my head with people on Twitter X Have a nice life 👋👋👋👋 — Peter Brandt (@PeterLBrandt) August 5, 2025 Trader Slams Hodl Mentality Brandt argued that Bitcoin is “just an asset” and nothing more. He stressed that treating it like a miracle fix gives the crypto community a bad image. Reports have disclosed that he’s grown tired of endless debates online. “I have had it up to the tip of my head with people on Twitter X,” Brandt wrote, suggesting that constant arguing was driving him up the wall. His tone left little room for polite debate. A counter to the Bitcoin “Hodl-or-does-not-count” crowd I began futures trading in 1975 at the Chicago Board of Trade with maybe a thousand dollars in my checking account and little to no savings If Bitcoin has been around at the time and I would have put all my money into it I… — Peter Brandt (@PeterLBrandt) August 5, 2025 Overnight, replies flooded in. Some praised his honesty. Others snapped back with equally harsh words. Others defended Bitcoin as more than charts and price swings. The back-and-forth underscored a split: traders who focus on risk and charts versus holders who see crypto as a movement. Community Pushback On X Across the crypto world, Brandt’s comments stirred a wave of reactions. According to data on social media engagement, his post attracted hundreds of replies within hours. Many messages mixed humor and anger, with memes featuring pizza and margin calls. Others pointed to Bitcoin’s gains this year, noting it has climbed more than 50% since January. That rise fueled confidence among hodlers—and a readiness to push back against Brandt’s barbs. Despite the heat, Brandt held his ground. He pressed on, saying that tying one’s identity too closely to Bitcoin’s price is a mistake. His warning was an echo of a broader caution in trading circles: markets can turn on a dime. Brandt’s straight talk cut through hype and spin, but it also risked widening the gap between chart watchers and true believers. Related Reading: Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers Bitcoin is an asset, circulating on a network, governed by a protocol, and rooted in ideology. — Michael Saylor (@saylor) August 6, 2025 Saylor Offers A Balanced View In the face of the storm, US President Donald Trump’s former business confidante Michael Saylor weighed in—though without naming Brandt directly. Based on reports, Saylor described Bitcoin as “an asset, circulating on a network, governed by a protocol, and rooted in ideology.” He struck a middle ground by acknowledging both the market’s technical side and its passionate supporters. Featured image from Pexels, chart from TradingView
Degens are rallying behind Pump.fun’s PUMP token, up a whopping 30% in the last week. Here's why the Solana token is taking off, and what the charts say happens next.
Tether CEO Paolo Ardoino has revealed a staggering 40% of all fees that users are paying on the major blockchains are spent to move USDT. USDT Transfers Make Up For A Notable Portion Of Network Fees In a post on X, Paolo Ardoino has shared the latest data related to USDT’s transfer fees share on the major blockchains. Transfer fee here naturally refers to the amount that senders have to attach with their network transactions as a reward for the validators. Below is the chart shared by the Tether CEO that shows the trend in the percentage of these transfer fees that users on major networks are paying for making USDT transfers. Nine networks are included here: Ethereum, Tron, Toncoin, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism. From the graph, it’s visible that the 7-day moving average fees share of USDT transfers across these chains recently hit the 40% mark. Fees usage can serve as a proxy for transaction activity, so this high share would indicate strong user interest in Tether’s stablecoin. “Hundreds of millions of people in emerging markets use Tether’s digital dollar USDt daily, to protect their families from local inflation and devaluation of their national currencies,” notes Ardoino. On most networks, the transfer fee is paid using the chain’s native token, even when the transaction involves a secondary coin. For example, ETH is required to make any kind of transaction on the Ethereum network. Since stablecoins like USDT run on blockchains like these, senders also need to own the network’s main token to participate in transfers related to them. Among the chains included in the above data, however, there is one exception: Tron . This year, the blockchain launched a feature that allows users to pay gas fees in other tokens, including USDT. As a result, Tron has established itself as the dominant network when it comes to the supply of the number one stablecoin. “Blockchains that will focus on lower gas fees, allowing paying these in USDT will take over the world,” says the Tether CEO. In related news, the on-chain volume associated with all stablecoins set a new record recently, as institutional DeFi solutions provider Sentora has pointed out in an X post . As displayed in the above chart, the combined monthly transaction volume of the stablecoins crossed $1.5 trillion last month, which is a new all-time high (ATH). ETH Price At the time of writing, Ethereum is trading around $3,600, down more than 4% over the past week.
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While Solana (SOL) grapples to keep its ground amidst volatile market conditions, the limelight is quickly turning towards a budding DeFi upstart, Mutuum Finance (MUTM) . Mutuum Finance stands at Phase 6 and is trading at $0.035. The next price increase will take Mutuum Finance to $0.04 in phase 7. Presale investors at this investment phase will have a return on investment of 71.43% once the token goes live for $0.06. Mutuum Finance (MUTM) presale has passed more than $14.1 million raised and welcomed more than 14,800 unique holders. Mutuum Finance could $1 post-launch. While Solana holders keep close watch on significant support levels with positive anticipation, the buzz surrounding Mutuum Finance (MUTM) suggests that there is stronger demand for next-generation DeFi platforms poised to transform decentralized finance as we know it. Solana (SOL) Tests Critical Support as Sentiment Shifts Solana currently trades at $162.45, near significant support levels of $160–$165 following recent drops from highs above $180. Analysts note that support at $160–$162 can firm price up and lay the groundwork for a potential breakout to $180–$200, particularly if the buyers can pick up steam again, though failure here primes additional consolidation into $150–$155. While Solana remains a dominant Layer-1 asset in DeFi and NFT space, investor attention is being drawn progressively toward newer protocols focused on decentralized lending as well as real-world utility, including Mutuum Finance. Mutuum Finance Reveals Phase 6 of Its Presale Mutuum Finance has finished its Phase 5 presale and moved into Phase 6, where its tokens can be purchased at $0.035. The next price adjustment will be an additional 14.29% increase to bring the token price to $0.04. Early investors will have a 71.43% ROI as soon as the token reaches $0.06 at launch. The presale of MUTM has already generated over $14.1 million and attracted over 14,800 individual holders. Mutuum Finance Joins Hands with CertiK to Unveil $50K Bug Bounty Mutuum Finance is partnering with CertiK to launch a Bug Bounty Program. The program’s reward pool is $50,000 USDT. Four types i.e. low, minor, major and critical will be rewarded. The program showcases the vision of Mutuum Finance to build community-driven, safe and sustainable ecosystem. The project has also been rigorously audited by Certik for user fund security and blockchain security. This is a milestone for Mutuum Finance’s vision of an open and institution-grade DeFi protocol. Mutuum Finance Deploys Mass MUTM Token Promotion Mutuum Finance (MUTM) is launching a $100,000 giveaway where the users will be rewarded in $10,000 MUTM tokens. Its newly launched leaderboard system will also give rewards to the top 50 Mutuum Finance (MUTM) holders. While Solana struggles to hold support, Mutuum Finance (MUTM) is attracting investors looking for more substantial upside potential. Priced at just $0.035 in Phase 6, the token offers a 71.43% ROI at launch, with over $14.1 million raised and 14,800+ holders already on board. Backed by a CertiK audit, a $50K bug bounty, and a $100K token giveaway, Mutuum Finance is quickly building momentum as one of DeFi’s most talked-about projects. Its innovative dual-lending model and focus on security are setting new standards in decentralized finance. Visit the Mutuum Finance official website today to be part of the presale before it goes up again. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Crypto asset management giant VanEck says that one altcoin project is flashing major signs of institutional adoption. In a new report , VanEck highlights the growth of the Hedera (HBAR) ecosystem, which the firm notes in July, saw a price increase of over 70% due to a “wave of partnerships, network growth, and broadening institutional legitimization.” VanEck named several examples of notable adoption of the Hedera network in July, including the Reserve Bank of Australia’s Project Acacia , which aims to explore the development of Australian wholesale tokenized asset markets. Archax, the first regulated global digital asset exchange in the UK, also announced it would begin using the Hedera network for settlement purposes, VanEck notes. “Institutional tokenization activity is also emerging. In late July, Archax created Hedera token contracts named after BlackRock, Fidelity ILF, State Street, Aberdeen Investments, and LGIM. Archax’s CEO confirmed these represent money market funds that could soon transact in HBAR, signaling early but still prelaunch interest in real-world asset tokenization on the network.” And according to VanEck, stablecoin supply has exploded on Hedera. DefiLlama data shows that Hedera’s stablecoins are almost entirely driven by Circle’s USDC. “Hedera’s on-chain activity was strong as Hedera’s transactions surged as did the supply of stablecoins on its blockchain.” Source: VanEck At time of writing, HBAR is trading at $0.24 with a market cap of $10.3 billion. 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 VanEck Says One Altcoin Ecosystem Seeing Early Institutional Tokenization Interest Amid Surge in Stablecoins appeared first on The Daily Hodl .
ETH treasury companies have been snapping up the second biggest digital coin by market value.
The altcoin season index has dipped to 36 , but selective trading activity around Ethena, Sky, and Curve DAO suggests that traders are still rotating into certain assets. While broader market indicators are mixed, these three tokens have drawn interest from investors looking for volume, use cases, or yield mechanics. Ethena: Synthetic Dollar Protocol Gains Ground Ethena’s price is around $0.598 with a market cap near $3.96 billion and daily trading volume exceeding $650 million, according to CoinMarketCap. The protocol supports a synthetic stablecoin called USDe. Activity has picked up since launch, with trading and staking demand contributing to increased token circulation. Liquidity data from Curve and Binance reflect daily usage, and July performance showed relative strength compared to larger market peers. Traders continue to focus on Ethena’s dual-token model and staking mechanics. ENA’s recent volatility has not deterred holders, who remain active in governance and liquidity programs. This participation keeps Ethena in focus during altcoin season debates. Sky: Tokenization and Credit Activity Support Value Sky’s price sits near $0.0798, with a market cap of approximately $1.7 billion. Trading volume is modest at around $1.9 million. SKY Price (Source: CoinMarketCap) The token backs activity on credit-focused DeFi platforms, including those operating on Avalanche. Sky supports decentralized lending pools and tokenized assets tied to real-world credit. The project has not seen the same level of attention as other mid-cap names but remains consistent in use and protocol growth. Though Sky’s price movement has been limited in recent weeks, DeFi activity around its supported protocols has kept the token in circulation. Curve DAO: Stablecoin Liquidity and Trading Depth Curve DAO’s price is near $0.92 with a market cap of around $1.27 billion. Its 24-hour volume is above $220 million. The token underpins one of the largest stablecoin trading platforms in DeFi. Curve volumes remain strong, and the protocol continues to be a key source of liquidity for USDT, USDC, and other stable assets. CRV holders have been active in governance proposals, including fee structure changes and incentive models. While CRV has declined from its all-time highs, it continues to see regular volume and periodic inflows tied to on-chain yield cycles. Altcoin Season Index Remains Steady While Bitcoin dominance remains above 60% , certain assets like Ethena, Sky, and Curve DAO are showing independent momentum. This points to rotation that favors functional protocols and liquidity hubs even when altseason indicators are subdued. Ethena offers synthetic dollar exposure. Sky supports decentralized credit flows. Curve DAO remains central to stablecoin liquidity. Each represents a different angle on altcoin season activity, showing how token flows are now linked to usage and trader behavior. Altcoin season is not in full effect, but selective rotation continues. Traders are watching volume, staking programs, and governance participation as key metrics. Ethena, Sky, and Curve DAO have each shown enough activity to remain part of that conversation. The post Altcoin Season Buzz: Ethena, Sky, Curve DAO Drive Yield Hunting Despite Bitcoin Dominance appeared first on Cryptonews .