Ripple Labs CEO Brad Garlinghouse confirmed via social media that the company will no longer pursue a cross-appeal in its ongoing litigation with the U.S. Securities and Exchange Commission (SEC).
BitcoinWorld Altcoin Rally Alert: Low Crypto Exchange Flows Signal Potential Price Surge Are you ready for the next big move in the crypto market? The buzz around a potential altcoin rally is growing louder, and for good reason. Recent insights from a prominent analyst suggest that the stage might be set for a significant uptrend in altcoin prices, driven by a crucial on-chain metric: exchange flows. If history is any guide, this could be the signal many investors have been waiting for to witness an exciting surge across the altcoin landscape. Understanding Crypto Exchange Flows: What Are They Telling Us? When we talk about crypto exchange flows , we’re referring to the movement of cryptocurrencies into and out of centralized exchanges. These movements offer valuable insights into market sentiment and potential future price action. High inflows often suggest selling pressure, as investors move assets to exchanges to sell them. Conversely, high outflows can indicate accumulation, as investors withdraw assets to hold them in private wallets, signaling a long-term bullish outlook. CryptoQuant Analyst Axel Adler Jr. recently highlighted a fascinating trend on X. He noted that the monthly inflows and outflows of altcoins from major cryptocurrency exchanges have been recorded at a mere $1.6 billion. This figure stands notably below the annual average of $2.5 billion. What does this moderate flow rate signify? According to Adler Jr., it points towards a clear pattern of asset consolidation. Consider these key takeaways: Reduced Selling Pressure: Lower inflows mean fewer altcoins are being sent to exchanges for immediate sale. Increased Holding Behavior: Lower outflows suggest investors are not rushing to sell their holdings, opting instead to keep them off exchanges. Supply Shock Potential: As fewer coins are available for immediate sale on exchanges, any significant buying pressure could lead to a rapid price increase due to limited supply. This dynamic creates an environment where growing accumulation potential becomes evident. When smart money and retail investors alike begin to quietly accumulate assets off exchanges, it often precedes a significant market move. Is Altcoin Accumulation Setting the Stage for a Boom? The concept of altcoin accumulation is central to Adler Jr.’s thesis. When market participants are withdrawing their altcoins from exchanges and holding them in cold storage or private wallets, it suggests a strong belief in the future value of these assets. This behavior indicates a shift from short-term trading to long-term investment strategies. Why is this important for an altcoin rally? Imagine a scenario where a significant portion of a cryptocurrency’s circulating supply is held off exchanges. This creates a reduced supply on the open market. If demand for that altcoin suddenly increases, there are fewer sellers willing to part with their assets at current prices. This imbalance between supply and demand naturally pushes prices upward. It’s a classic economic principle at play in the digital asset space. Adler Jr.’s analysis of previous market data strongly supports this view. He explicitly states that “low exchange flows preceded significant altcoin price rallies.” This historical correlation is a powerful indicator, suggesting that the current market conditions might be mirroring past cycles that led to substantial gains for altcoin holders. While past performance is not indicative of future results, understanding these patterns can offer valuable context for current trends. What Does a Significant Altcoin Rally Look Like? The term “ altcoin rally ” evokes images of rapid, often exponential, price increases across a broad spectrum of alternative cryptocurrencies. While Bitcoin often leads the market, altcoin rallies are typically characterized by money flowing from Bitcoin into various altcoins, or new capital entering the broader crypto market and diversifying into these assets. Historically, significant altcoin rallies have shared common characteristics: Broad Participation: Not just a few altcoins pump, but many projects across different sectors (DeFi, NFTs, Layer 1s, gaming) experience notable gains. Increased Trading Volume: As prices rise, trading activity surges, indicating heightened investor interest and liquidity. Renewed Market Optimism: A general sense of euphoria and positive sentiment pervades the market, often attracting new retail investors. Narrative-Driven Pumps: Specific narratives or technological advancements often fuel interest in particular altcoins, leading to concentrated pumps. The current low exchange flows could be seen as the quiet period before such an explosion of activity. It’s the calm before the potential storm of buying pressure and FOMO (Fear Of Missing Out) that characterizes a strong bull run. In-Depth Market Analysis: What Else to Consider? While low exchange flows are a compelling indicator, a comprehensive market analysis involves looking at multiple factors. No single metric tells the whole story, and a holistic view is always recommended for making informed decisions. Other key indicators and considerations include: Bitcoin Dominance: A declining Bitcoin dominance often signals an altcoin season, as capital rotates from BTC into altcoins. Macroeconomic Environment: Global economic conditions, interest rates, and inflation can influence investor appetite for risk assets like cryptocurrencies. On-Chain Metrics (beyond flows): Look at active addresses, transaction counts, and network growth for individual altcoins to gauge organic adoption. Development Activity: Projects with consistent development, new features, and strong community engagement tend to perform better long-term. Regulatory Landscape: Evolving regulations can impact investor confidence and market sentiment. Adler Jr.’s observation serves as a powerful piece of the puzzle, but savvy investors will always cross-reference it with other data points to build a robust investment thesis. This multi-faceted approach helps in identifying both opportunities and potential risks in a volatile market. Crafting Your Crypto Price Prediction Strategy: Actionable Insights Given the potential for an altcoin price prediction that points upward, what actionable steps can investors consider? It’s crucial to approach the market with a well-thought-out strategy, especially when anticipating significant price movements. Here are some actionable insights: Do Your Own Research (DYOR): While the overall market sentiment might be bullish, not all altcoins will perform equally. Research individual projects, their use cases, teams, and tokenomics. Diversify Your Portfolio: Instead of putting all your eggs in one basket, consider spreading your investment across a few promising altcoins in different sectors. Stagger Your Entries: If you believe an altcoin rally is imminent, consider dollar-cost averaging into your chosen assets rather than making a single large purchase. This helps mitigate risk if prices dip before a major ascent. Set Realistic Expectations: While rallies can be exciting, they are often followed by corrections. Have a profit-taking strategy in mind. Risk Management is Key: Only invest what you can afford to lose. The crypto market is inherently volatile, and even strong signals can sometimes be invalidated by unforeseen events. The current low exchange flows suggest a period of quiet accumulation. For those who are patient and strategic, this phase could present an opportune moment to position themselves for potential future gains. Staying informed and disciplined will be your greatest assets. Conclusion: Are Altcoins on the Cusp of a Breakthrough? The analysis from CryptoQuant’s Axel Adler Jr. provides a compelling narrative for a potential altcoin rally . The observed low crypto exchange flows , significantly below the annual average, strongly indicate a period of quiet altcoin accumulation . Historically, such conditions have often been precursors to substantial price surges, offering a glimmer of hope for investors eager to see their portfolios grow. While no crypto price prediction is foolproof, the confluence of reduced selling pressure and increased holding behavior paints a bullish picture. As we continue to monitor the market, integrating this valuable insight from market analysis with other on-chain and macroeconomic indicators will be key. The stage appears to be set for altcoins to potentially shine, rewarding those who have been patiently accumulating and holding. Keep a close eye on these trends, as the coming months could prove to be incredibly dynamic for the altcoin space. To learn more about the latest crypto market trends, explore our article on key developments shaping altcoin price action. This post Altcoin Rally Alert: Low Crypto Exchange Flows Signal Potential Price Surge first appeared on BitcoinWorld and is written by Editorial Team
VivoPower International’s pivot toward an XRP-denominated treasury was announced almost one month ago . What the market had not yet heard—in detail—was why the Nasdaq-listed firm chose XRP over Bitcoin and Ether, how it intends to wring yield from that position, and what its architects believe the next half-decade will look like for crypto-native corporates. Those answers arrived in a 40-minute interview with Thinking Crypto host Tony Edward, where Executive Chairman and CEO Kevin Chin and Board-of-Advisors Chair Adam Traidman offered the most granular view to date of the company’s strategy. Why VivoPower Chose XRP “My crypto journey actually started with buying XRP in 2016,” Chin said, explaining that the token’s original use case—low-cost transfers into emerging markets—mirrored the geographies where he operates both for-profit and non-profit ventures. “Fast-forward to today, when the opportunity came about to turn Vivo into an XRP-focused treasury and DeFi solutions company, I really felt convicted to do that, as did the rest of the board.” That personal conviction dovetailed with what Traidman called a glaring market gap: “We’ve all been watching digital-asset treasury companies after Michael Saylor’s huge success … VivoPower was the first with XRP.” More than a hundred listed companies now hold Bitcoin for balance-sheet alpha, he noted, but none had taken the same leap with XRP despite its deep liquidity and “very large following globally.” Where MicroStrategy treats bitcoin as inert digital gold, VivoPower wants an asset it can work with. “Most of these treasury companies are focused on a net asset that doesn’t have native utility,” Traidman said. “Using a token which does have real utility is even more powerful because we can influence that utility by growing the ecosystem.” To that end, VivoPower will entrust custody and OTC conversions to BitGo, stake a portion of its holdings on Flare Network to earn yield, and recycle excess dollars into Ripple’s RLUSD stablecoin for cross-border settlements. “In the next few weeks, we’re going to start trialing that with regards to some of our Philippines-based businesses,” Chin confirmed, citing firsthand frustration with SWIFT delays into Southeast Asia and Africa. The 5-Year Plan Unlike a spot ETF, the corporate structure lets VivoPower share those yields directly with investors. “That would be the plan,” Traidman said when asked whether staking income could flow out as a dividend. “It’s a real differentiator for potential investors who want the upside of XRP and yield.” That yield focus is already shaping capital strategy. VivoPower will fund initial purchases with equity, anchored by Prince Abdulaziz of Saudi Arabia, an XRP holder since 2017. Borrowing could follow, but only “if the cost-of-capital equation stacks up,” Chin said, praising ex-Goldman CFO David Mansfield for “judicious” discipline. Both executives addressed the specter of crypto volatility head-on. “There is some fervor in the markets in terms of treasury-based strategies,” Chin conceded, yet argued that swings become “an asset that you can generate yield off.” His remedy is time horizon: “We think in five-year cycles when we formulate strategy and execution plans.” Traidman, who built one of the first iOS bitcoin wallets before selling it to Coinbase, framed the macro backdrop as uniquely favorable. Spot-crypto ETFs and more accommodative US regulators, he said, have created “a really strong floor” beneath top-tier tokens. “It’s too big to fail … The downside risk is going down.” Under nondisclosure obligations, Chin declined to detail forthcoming deals, but disclosed that due diligence is under way on startups building atop the XRP Ledger—investments that could both earn venture returns and expand use-cases for VivoPower’s treasury. The company’s own subsidiaries will pilot RLUSD-based remittances, with an eye toward expanding into Ghana, Kenya, and other markets where dollar liquidity is scarce. Chin summed up the ambition succinctly: “We will still be here in five years’ time, in ten years’ time, irrespective of what goes on in the market,” because the model extends beyond holding a volatile asset to “engaging and building DeFi solutions that ultimately generate income and cash.” At press time, XRP traded at $2.08.
A federal judge has rejected Ripple and the SEC’s proposed $50 million settlement, but social media sentiment around XRP has turned bullish anyway. Ripple-SEC Settlement Stalled After Court Rejection The Ripple-SEC case seemed to be moving forward after both parties agreed on a reduced $50 million settlement, but the joint motion for an indicative ruling has now been rejected in court. According to the filing shared by defense lawyer James K. Filian in an X post, the two haven’t “come close” to showing exceptional circumstances outweighing public interest or the administration of justice that would justify modifying the judgment. This means that the original fine of $125 million still stands for Ripple. Related Reading: Bitcoin Binance Open Interest Shoots Up: Warning For BTC? Following the news, XRP has taken a bearish hit to its price, as the below chart displays. The asset was trading around $2.15 at the time the news broke out, but it has since fallen below $2.09, implying a decrease of around 3%. Naturally, this reaction is quite mild by the cryptocurrency sector’s standards, but could still suggest some panic selling. Sentiment among the retail crowd, however, has seen a surprising jump, as per social media data. XRP Sentiment On Social Media Has Seen A Bullish Jump In a new post on X, the analytics firm Santiment has talked about how the social media users have responded to news of the Ripple-SEC case stalling. The indicator shared by Santiment is the “Positive/Negative Sentiment,” gauging the ratio between positive and negative comments involving a given coin on the major social media platforms. The indicator separates between positive and negative posts/threads/messages on the platforms using a machine-learning model and determines how the counts of the two compare. Here is a chart that shows the latest trend in the metric for Bitcoin, Ethereum, and XRP: As displayed in the above graph, the Positive/Negative Sentiment is currently above the 1 mark for all three of these cryptocurrencies, indicating that posts pertaining to bullish sentiment outweigh the bearish ones. Related Reading: Bitcoin Retests $108,000, But Holders Disagree On Direction For Bitcoin and Ethereum, however, the positive comments only have a slight advantage, meaning that while optimism does exist among the crowd, it’s quite mild. From the chart, it’s visible that XRP has diverged from these assets with a sharp spike, which has taken its Positive/Negative Sentiment to a value of 2.1. This is the highest level for the cryptocurrency in 17 days and corresponds to there being more than double as many bullish calls as bearish ones. Often, retail sentiment acts as a contrarian signal, with extreme values in either direction leading to some sort of reversal in the price. As such, while this development in crowd mentality could potentially imply investors aren’t worried about the news, the indicator could still be to keep an eye on. Featured image from Dall-E, Santiment.net, chart from TradingView.com
Sui's DEX volume dropped 50% in June to $7B compared to May's $14B.
Strategy, formerly MicroStrategy, faces mounting legal challenges over its aggressive Bitcoin investment strategy, spotlighting risks in corporate crypto adoption. The company is currently defending against multiple class-action lawsuits alleging securities
Alibaba Group Holding Ltd. introduced QwenVLo, its newest multimodal AI model, as the Chinese tech giant continues to bolster its footing in the growingly competitive global AI battle. The model allows users to create and edit images with text prompts and visual inputs, capabilities meant to be on par, or even compete with leading AI developers like OpenAI and DeepSeek. QwenVLo is an improvement on Alibaba’s previous Qwen2. 5-VL baseline model and extends it to support new tasks such as text-to-image and image-to-image generation. One standout feature is that of progressive generation, which means that users can see an image as it’s being built — a level of transparency and interactivity rare in most AI tools today. “This newly upgraded model not only ‘understands’ the world but also generates high-quality recreations based on that understanding,” the company said in a blog post. The firm explained that users can generate an image by sending a prompt, such as generating a picture of a cute cat, or modify an existing image by uploading a cat photo and requesting an edit, like adding a cap on the cat’s head. Alibaba sharpens AI strategy with Qwen series The push into AI is no longer a glam-up girl for Alibaba’s e-commerce dominance. The company has been aggressively working its way into AI since early 2024. In February, Alibaba CEO Eddie Wu said that the e-commerce and IT behemoth would prioritize its work on artificial general intelligence (AGI). He stressed that developing AGI had now become Alibaba’s top priority, highlighting the rising significance of AI to the company’s growth and competitive edge in the future. Alibaba has already launched a range of models under the Qwen brand, each tailored to a specific modality — text, image, video, and audio. QwenVLo replaces that mix of things and is built to perform on lower-end machines, including mobiles and personal laptops; however, unlike most state-of-the-art AI models, which still need loads of cloud computing power to run efficiently. In March 2025, Quark released a new Quark app, which included the new Qwen functionality. Now, the app operates as an AI-powered smart assistant with search, summarization, and creative tools. It demonstrates Alibaba’s desire to build AI models and weave them into consumer-facing experiences. Alibaba challenges DeepSeek and OpenAI in AI race The release of QwenVLo by Alibaba coincides with a wave of AI-related initiatives worldwide. US-founded OpenAI has released GPT-4o, its most advanced multimodal model yet, which can understand and respond with text, images, and audio. Over in China, all eyes were on DeepSeek, a homegrown startup for whom cost efficiency is fast becoming a make-or-break challenge in AI development, as it claimed to have created a large competitive language model for just a few million dollars. Tech titans all over China have since rushed out similar AI services that are faster, cheaper, and more versatile. One of its first serious entries is Alibaba’s Qwen Vlo, which has the potential to take on both its Western and Chinese competitors by delivering high-quality and low-weight multimodal functionality. The race is now more about who can build the smartest model, but who can make that intelligence usable at scale. Alibaba is betting that the types of people who use an app every day- students, designers, business owners, and developers- will flock to tools that are quick, simple to use, and optimized for various devices. However, whether Qwen VLo is something marquee names dominate the users in the market is yet to be seen. But Alibaba has hammered the message: China is not just keeping pace with the world in the race for AI supremacy — it is determined to lead it. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
BitcoinWorld Bitcoin Mining Iran: Unveiling Its Controversial Global Footprint Have you ever wondered where some of the world’s Bitcoin truly comes from? The answer might surprise you. Recent insights from Coin Bureau founder Nic Puckrin on X suggest that Bitcoin mining Iran could be a far more significant player on the global stage than many realize. Imagine a nation leveraging its abundant natural resources to power a digital revolution, all while navigating complex geopolitical currents. This revelation shines a spotlight on the intricate relationship between energy, geopolitics, and the decentralized world of cryptocurrency. The Surprising Scale of Bitcoin Mining Iran According to Nic Puckrin’s analysis, Iran may account for a substantial 3.1% of global Bitcoin mining activity. While this percentage might seem modest at first glance, it places Iran among the top contenders in the highly competitive world of cryptocurrency production. This isn’t just about individual miners; it’s a strategic national endeavor. The country reportedly capitalizes on its vast reserves of oil and gas, utilizing these cheap energy sources to fuel domestic mining operations. In some cases, this energy is even sold at highly subsidized rates to foreign operators, with Chinese entities often cited as key beneficiaries. The scale of these operations hints at a well-organized infrastructure, far beyond what casual observers might expect. It raises crucial questions about energy allocation, economic strategy, and the environmental footprint of such large-scale endeavors. Unpacking Iran Cryptocurrency Mining’s Allure What makes Iran such an attractive destination for cryptocurrency miners? The answer primarily lies in economics. The cost of electricity in Iran is remarkably low, ranging from an astonishing $0.01 to $0.05 per kilowatt-hour (kWh). To put that into perspective, the global average electricity cost for industrial use is significantly higher. This ultra-cheap energy translates directly into incredibly low operational costs for miners. Consider this: Low Production Costs: At these rates, mining a single Bitcoin could cost as little as $1,300. When compared to Bitcoin’s market price, this offers an immense profit margin, making Iran a goldmine for those with access to its energy grid. Economic Incentive: For Iran, cryptocurrency mining offers a potential pathway to generate revenue and bypass international sanctions. By converting cheap domestic energy into a globally recognized digital asset, the nation can potentially circumvent traditional financial systems. Strategic Resource Utilization: Instead of solely exporting raw oil and gas, Iran can convert a portion of its energy into a digital commodity, diversifying its economic output and potentially bolstering its financial resilience. This unique economic environment has fostered a thriving, albeit sometimes controversial, mining ecosystem within the country. The True Cost: Energy Consumption Bitcoin and State Control While the economic benefits are clear, Iran’s aggressive push into Bitcoin mining is not without its challenges and controversies. A significant concern revolves around the immense energy consumption Bitcoin mining demands. The country has faced widespread blackouts, particularly during peak demand seasons, which have been attributed in part to the surge in electricity usage by cryptocurrency miners. Furthermore, the involvement of state-affiliated entities adds another layer of complexity. Key mining operations are allegedly run by the Islamic Revolutionary Guard Corps (IRGC) and are protected by the military. This suggests a strategic, state-backed approach to leveraging Bitcoin for national interests. However, it also leads to: Regulatory Interference: Reports suggest alleged interference with regulatory shutdowns, indicating a struggle between the need for energy stability and the state’s desire to continue mining operations. Public Discontent: The energy misuse and resultant blackouts have sparked considerable public concern and frustration, highlighting a conflict between national economic strategy and the daily lives of citizens. Geopolitical Ramifications: The state’s direct involvement in mining raises questions about the use of Bitcoin in international relations, sanctions evasion, and potential for illicit financing. The delicate balance between economic gain and societal impact is a constant tightrope walk for Iranian authorities. Beyond Borders: Understanding Middle East Crypto Dynamics Iran’s foray into large-scale Bitcoin mining isn’t an isolated incident but rather a prominent example of the broader, evolving landscape of Middle East crypto adoption. The region, rich in energy resources and often subject to complex geopolitical dynamics, presents a unique environment for the growth of digital assets. Countries across the Middle East are exploring various aspects of cryptocurrency, from central bank digital currencies (CBDCs) to embracing blockchain technology for various industries. However, Iran’s approach stands out due to its direct link between state-controlled energy resources and the mining of a decentralized asset. This presents both opportunities and significant regulatory and political challenges. The Middle East’s strategic location and abundant energy make it a natural hub for energy-intensive industries like crypto mining. However, the region also grapples with: Regulatory Uncertainty: Many countries are still developing comprehensive frameworks for cryptocurrencies, leading to periods of prohibition followed by cautious acceptance. Sanctions and Compliance: For nations like Iran, the use of crypto is often viewed through the lens of sanctions evasion, complicating international relations and compliance efforts. Energy Management: Balancing the economic benefits of mining with the demands on national energy grids remains a critical challenge for all energy-rich nations considering this path. Iran’s experience offers a fascinating case study for how these factors play out in practice. The Future of Geopolitical Bitcoin : What’s Next? The narrative surrounding Iran’s significant role in Bitcoin mining underscores a critical emerging trend: the increasing intersection of cryptocurrency with national geopolitics. As nations recognize the potential of digital assets, we are likely to see more strategic maneuvering to control or influence the global hash rate. The future of geopolitical Bitcoin could involve: Energy Sovereignty: Countries with abundant and cheap energy will continue to explore cryptocurrency mining as a means of converting otherwise underutilized or undervalued resources into liquid assets. Sanctions Evasion: For sanctioned nations, Bitcoin and other cryptocurrencies will remain a tool for circumventing traditional financial blockades, pushing the boundaries of international economic warfare. Regulatory Scrutiny: International bodies and individual governments will intensify their efforts to monitor and regulate cross-border crypto flows, especially those linked to state actors or illicit activities. Environmental Concerns: The energy footprint of Bitcoin mining will continue to be a hot-button issue, prompting debates about sustainable mining practices and the broader environmental impact of digital currencies. Iran’s situation serves as a stark reminder that Bitcoin, despite its decentralized nature, operates within a world of sovereign states, each with its own agenda and strategic imperatives. Conclusion Iran’s alleged 3.1% share of global Bitcoin mining is more than just a statistic; it’s a window into the complex interplay of energy, economics, and geopolitics in the digital age. Driven by incredibly low electricity costs and potentially backed by powerful state entities, Iran has carved out a significant, albeit controversial, niche in the Bitcoin ecosystem. While it offers a pathway for economic resilience and sanctions circumvention, it also brings forth challenges like energy misuse and regulatory clashes. As the world increasingly grapples with the implications of decentralized finance, Iran’s model serves as a potent example of how nations might leverage digital assets to reshape their economic destinies and navigate a challenging global landscape. The story of Bitcoin in Iran is far from over, and its unfolding chapters will undoubtedly offer valuable lessons for the future of global finance. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Bitcoin Mining Iran: Unveiling Its Controversial Global Footprint first appeared on BitcoinWorld and is written by Editorial Team
In a pivotal turn in the long-running legal battle with the US Securities and Exchange Commission (SEC), Ripple Labs has announced it is withdrawing its cross-appeal in the case. The SEC is also expected to drop its appeal, signaling a potential end to the high-profile lawsuit. Ripple CEO Brad Garlinghouse shared the news in a statement on X , writing: “Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in.” The action came fewer than 24 hours after a judge, Analisa Torres, refused a joint request from the parties for an “indicative ruling” that would have allowed her to approve a revised settlement without a full appellate review. The company and the SEC have shown no sign that they want to escalate the case through the rounds of appeals; instead, both sides have referenced the judge’s suggestion that the case should end with both of them dropping their lawsuits. The XRP suit, filed by the SEC in December 2020, accused Ripple of conducting an unregistered securities offering through sales of XRP tokens. The case rapidly turned into a legal bellwether for how US regulators may treat cryptocurrencies more broadly. Ripple and SEC legal saga is nearing end Ripple’s decision to withdraw its cross-appeal follows months of fierce negotiations and a blizzard of court filings over the past year. The court had ruled in July of 2023 in a split decision that while Ripple’s institutional sales of XRP violated securities laws, the company’s programmatic sales (sales on exchanges) did not. In her written opinion, Judge Torres also said that XRP is not a security, delivering a partial victory to Ripple. However, the SEC’s rattling against the crypto industry cooled after political power in the country shifted following Donald Trump’s re-election to the Oval Office in 2024. In a warmer environment in crypto, the commission restarted discussions with Ripple about settling the case. The SEC also said it would ask the court to lift the freeze on Ripple’s ability to engage in such transactions. But Judge Torres rejected the revised settlement twice anyway — first over its procedural deficiencies, then because she believed that the parties had not proved significant “exceptional circumstances” that would merit straying from the norm. Rather than pushing on, Ripple and the SEC allowed things to settle. XRP price pumps on legal resolution The crypto community reacted enthusiastically as news of the XRP lawsuit nearing its conclusion sparked a strong rally in the token’s price. With the SEC now using more measured language, some analysts see this as a positive indication that future regulatory actions may be less aggressive and more balanced. Legal analysts hailed the exit plan as a savvy and dignified solution to one of the most closely watched crypto cases in recent years. Ripple executives emphasized that their attention is now firmly on the road ahead. Garlinghouse reaffirmed the company’s commitment to building the Internet of Value and turning that vision into reality. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
COINOTAG News reported on June 28th that institutional interest in crypto investment products remains robust, with significant capital inflows recorded across several key funds. Fidelity’s FBTC fund attracted $165 million