The years-long legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) appears to have finally come to an end, after Ripple Labs CEO Brad Garlinghouse announced Friday that the company plans to drop its cross-appeal in the case. “Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said,” Garlinghouse wrote on X . “We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in.” XRP climbed a modest 1.4% on the news. The decision comes just a day after U.S. District Judge Analisa Torres of the Southern District of New York (SDNY) rejected a joint request from the SEC and Ripple to approve a proposed settlement agreement that would slash Ripple’s civil penalty to $50 million and dissolve the permanent injunction against the firm. It was the latter that appeared to be the sticking point for Torres, who argued: “Indeed, if the Court should not be concerned about Ripple violating the law, why do the parties want to eliminate the injunction that tells Ripple, ‘Follow the law’?,” Torres wrote. “When the Court imposed the injunction, it did so because it found a 'reasonable probability' that Ripple would continue violating federal securities laws. This has not changed, nor do the parties claim that it has.” The joint request was the second such request slapped down by Torres, who rejected an earlier attempt in May citing both jurisdictional and procedural flaws. With the court showing no signs of budging on the terms of the settlement, Ripple’s decision to withdraw its cross-appeal ends the case by accepting the initially-imposed civil penalty of $125 million and presumably leaving the permanent injunction against the firm in place. A spokesperson for Ripple Labs did not immediately respond to CoinDesk’s request for comment. The SEC first sued Ripple in 2020 under then-Chair Jay Clayton, alleging that the company violated federal securities laws through its sales of XRP. After years of litigation, Torres eventually concluded in a 2023 ruling that the sales of XRP to retail traders on public exchanges did not constitute securities transactions, but found that XRP sales to institutional investors did, thus violating securities laws.
President Trump unloaded on the issue of crypto debanking Friday, but stopped short of committing to issuing an executive order on the subject.
With the crypto market hovering near $3.3 trillion and trading volumes remaining high, investors are weighing their next big move. XRP is once again in focus thanks to expanding adoption and legal clarity—but rising alongside it, and quickly gaining speed, is a politically charged meme coin that’s turning heads: MAGACOIN FINANCE . As the race for breakout returns heats up, the question is no longer whether XRP will see gains, but whether this new altcoin will hit its stride first. MAGACOIN FINANCE Gathers Momentum While XRP’s story continues to unfold, MAGACOIN FINANCE has emerged as a high-voltage alternative. This politically infused meme token has begun capturing the imagination of investors looking beyond traditional use cases—and into pure momentum, narrative power, and hype-driven growth. Analysts tracking early trends have flagged MAGACOIN FINANCE for its aggressive market entry and unconventional appeal. What makes this token a contender for 20x returns? It’s not about fundamentals—it’s about movement. The crypto market has shown time and again that virality, narrative timing, and early adoption can outperform even the most established players. MAGACOIN FINANCE appears to be hitting those signals now. XRP Continues to Evolve—But Faces Hurdles XRP, currently priced just above $2, has maintained its top-tier status thanks to consistent transaction volume, institutional interest, and its growing role in cross-border payment corridors—particularly in Asia and the Middle East. New on-demand liquidity channels in regions like the UAE and India signal that Ripple’s global push is far from over. While the final outcome of the SEC case is still up in the air, some legal experts believe a resolution could arrive sooner than many think. Meanwhile, XRP’s activity on-chain tells a strong story—with daily transactions crossing the 2 million mark and fresh tokens being minted to support growing demand. Final Takeaway At its core, this is a story of two different approaches to crypto growth. XRP is the methodical, regulation-friendly global asset with real-world use. MAGACOIN FINANCE is the flashy newcomer, thriving on cultural relevance and digital virality. XRP may have the stronger foundation, but MAGACOIN FINANCE has the momentum. In a market where timing is everything, the meme coin may just cross the finish line first. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Will XRP Deliver 20x Returns First, or Will This New Political Meme Crypto Beat It to the Mark in 2025?
Bitvavo is the latest crypto exchange to receive a Markets in Crypto Assets License from the Dutch Authority for the Financial Markets (AFM) to operate across the 30 nations in the European Economic Area. Crypto companies have been applying for the licenses since the regulatory regime came into force in December last year. MiCA, which came into force in 2023 harmonizes rules across the European Union's bloc of 27 nations plus Iceland, Norway and Liechtenstein. The Netherlands also awarded licenses to four exchanges in December last year, as the rules took effect. Other exchanges like OKX, Crypto.com and Bitpanda secured a MiCA license from Malta. Kraken was awarded a license on Thursday from Ireland , Coinbase was awarded a MiCA license from Luxembourg in June and Bybit was awarded an EU license from Austria in May. "This license provides clarity, confidence and enables Bitvavo to fulfil its ambition: to become the leading digital asset trading platform in Europe," said Mark Nuvelstijn, CEO and co-founder of Bitvavo, in a statement. Bitvavo, which is the largest player globally in the EUR spot market, already held registrations in France, Austria, Italy and Spain, in addition to the Netherlands, the company's release said.
Recent cyberattacks have exposed significant vulnerabilities in Web3 and blockchain projects, with hackers exploiting remote work setups to steal nearly $1 million in cryptocurrency. These sophisticated intrusions targeted NFT minting
Hackers and threat actors continue to infiltrate companies, blockchain projects and Web3 firms by exploiting remote work arrangements.
Ripple has officially dropped its cross-appeal against the SEC, signaling a pivotal conclusion to the long-standing XRP lawsuit. The SEC is expected to follow suit by withdrawing its appeal, which
Over $1 trillion of a precious and highly desirable metal is ready and waiting to be mined on the moon – and it’s not gold, according to researchers. A massive pile of platinum has accumulated under the moon’s surface, according to a paper published in the journal Planetary and Space Science. Lead researcher Jayanth Chennamangalam tells New Scientist that the trillion-dollar estimate stems from findings that around 6,500 lunar craters, each at least 1 kilometer wide, contain significant platinum group metal (PGM) deposits from asteroid impacts. The study spotlights the commercial potential of resources in space, which could attract private investment and reduce reliance on government funding for space exploration. And lunar mining could be far more viable than extracting resources from near-Earth asteroids, with the moon offering a vastly larger number of potential mining sites. Beyond its appeal in jewelry, platinum is coveted for its strength and vital use in high-tech applications, powering everything from clean energy solutions to life-saving medical equipment. The precious metal’s price has soared this year, climbing over 30% to around $1,400 per troy ounce, driven by a global supply deficit and rising demand from the automotive and jewelry 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 $1,000,000,000,000 of Extremely Scarce Asset Is Hiding on the Moon, Ready To Be Exploited – And It’s Not Gold: Report appeared first on The Daily Hodl .
The cryptocurrency market remains dynamic as Bitcoin, Ethereum, and other major tokens exhibit fluctuating price trends influenced by technical and regulatory factors. Emerging market data highlights how altcoins like Ripple
U.S. law enforcement’s aggressive tactics in seizing cash from Bitcoin ATMs have raised legal concerns, with Bitcoin Depot executives asserting that such actions may violate property rights and company policies.