cryptocurrencies

XRP, the cryptocurrency tied to Ripple, fell by 5% following a court decision in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).

Judge Analisa Torres rejected a joint motion by both parties for an indicative ruling — a move that added new uncertainty and triggered a negative market reaction.

📉 XRP Tests Key Support as Price Slips
Following the court's decision, XRP dropped to $2.35, continuing a downward correction from $2.60 earlier this week, totaling nearly a 10% drop from its recent peak.
From a technical standpoint, XRP is now testing a critical trendline. According to trader Man of Bitcoin, a break below this level could lead to a further drop toward the support zone between $2.19 and $1.79.
Data from Coinglass shows that open interest in XRP has fallen 6% to $5.08 billion. Over the past 24 hours, liquidations totaled more than $22.8 million, the majority being long positions.

⚖ Legal Battle Continues – Ripple Plans to Reengage
The rejected motion sought to avoid two main outcomes:
🔹 A court order prohibiting the sale of XRP as an “unregistered security”

🔹 And a full monetary penalty.
The judge, however, found the motion procedurally improper, as it attempted to override portions of a previous ruling.
Attorney John Deaton noted that the court emphasized how the SEC spent five years aggressively building its case — only to now suggest much of that work might be set aside.
Judge Torres also outlined specific requirements for both Ripple and the SEC to justify a reversal of her earlier decision — including demonstrating that it would serve the public and institutional investors’ interests.

🗣 Ripple’s Response
Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed the company will reengage with the SEC and bring the issue back to court. On platform X, he wrote:
“Today’s ruling does not change Ripple’s earlier wins (e.g., XRP is not a security, etc.). This is a procedural issue regarding denial of Ripple’s request. Ripple and the SEC are aligned in resolving the matter and will revisit it with the court.”

🧾 What Could Happen Next? A Possible Legal Path
Attorney Bill Morgan, a longtime supporter of XRP, outlined a possible sequence:
🔹 After a new indicative ruling, both sides would ask the appeals court to temporarily return the case, enabling a mutually agreed solution.

🔹 Judge Torres would then receive a motion outlining the agreement.

🔹 After lifting the injunction and finalizing a reduced $50 million penalty, both Ripple and the SEC could withdraw their appeals at the Second Circuit.

📊 Market Awaits Clarity
While other altcoins like Ethereum, Solana, and Dogecoin have surged recently, XRP has remained relatively steady.

Now, the coin faces legal and technical pressure. The next price movement will likely depend on how discussions between Ripple and the SEC unfold.

Traders are closely watching the $2.19 support zone — a drop below it could trigger further downside momentum.

#xrp , #Ripple , #CryptoNews , #Altcoin , #cryptocurrencies

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Canada’s decision to treat stablecoins as securities is hampering innovation and market growth, prompting industry leaders to urge a more flexible, payment-focused framework.
Canada’s Stablecoin Standstill: A Call for Regulatory Reform
As digital currencies reshape global payments, Canada remains on the sidelines by classifying stablecoins — #cryptocurrencies pegged to fiat—as securities or derivatives. Unlike the #UnitedStates and the European Union, which are developing dedicated rules to treat stablecoins as payment instruments, Canada’s securities-focused approach demands prospectus filings and rigorous disclosure, a model ill-suited to high-velocity transactional tokens.
This regulatory stance creates uncertainty for businesses seeking to use stablecoins in everyday commerce. Merchants face unclear tax implications and complex compliance obligations, while startups struggle to secure bank partnerships. The result is a fragmented landscape where each province interprets rules differently, forcing issuers and users into an expensive, time-consuming patchwork of filings.
Industry stakeholders argue that Canada’s conservative posture risks driving fintech innovators to friendlier jurisdictions. In recent months, major crypto firms have publicly appealed for a national strategy that recognizes stablecoins as payment tools, not investment products. They call for an inclusive consultation process, involving both regulators and private-sector pioneers, to craft balanced safeguards without stifling growth.
The market impact is already evident. Several digital-asset platforms have paused Canadian launches, citing regulatory ambiguity as the key barrier. Meanwhile, cross-border payments continue to incur higher costs and longer settlement times compared to #stablecoin ks elsewhere.
To catch up, experts recommend three key steps: (1) Legally redefine stablecoins as a distinct category of digital payment instruments; (2) Centralize oversight under a single federal authority—such as the Bank of #Canada —to ensure consistency; and (3) Integrate stablecoins into existing payments infrastructure, including Canada’s real-time rail systems. With these reforms, Canada could unlock faster, cheaper transactions and reestablish itself as a fintech frontrunner. Without action, however, it risks missing out on the next wave of digital finance innovation.
#AltcoinDigest

Have you ever thought that you could pay for your trip to an exotic country with cryptocurrency? This has become a reality in Bhutan. The country is not only known for its picturesque landscapes and unique culture, but has also taken a step into the future by becoming the first in the world to launch a cryptocurrency payment system for tourists at the national level.
What is the essence of this innovation? Bhutan has decided to join forces with Binance, the largest cryptocurrency exchange, and the country's first fully digital bank, DK Bank. Together, they have created a system that allows travelers to pay for everything from flights and visas to hotel stays and purchases from local merchants using cryptocurrency. And the most interesting thing is that this system works on the Binance Pay platform and supports more than 100 different cryptocurrencies.
In order to use the new system, tourists simply need to scan a static or dynamic QR code created by DK Bank. By the way, this bank has become a pioneer of digital financial services in Bhutan and has already connected more than 100 sellers, which means that you can pay with cryptocurrency almost everywhere — from cafes and shops to hotels and guides.
According to Richard Teng, CEO of Binance, this collaboration not only helps introduce cryptocurrency into the tourism sector, but also creates a new bridge between cultures and economies of different countries. Damcho Rinzin, Director of Bhutan's Department of Tourism, emphasizes that this is not just an innovative payment solution, but also an important step towards inclusivity and convenience for tourists from all over the world.
And here's the question: Do you think such a system will be able to become a standard for other countries in the future, or will it remain a unique feature of Bhutan?
#CryptoNewss #cryptocurrencies #Bhutan

XRP has made a surprising comeback. After years in the shadow, it has once again climbed to third place among cryptocurrencies by market capitalization, overtaking stablecoin Tether (USDT). And it’s happening just as whale outflows slow down and long-dormant wallets begin to reactivate. Is this the beginning of a new bullish cycle?

📊 XRP Overtakes Tether – First Time Since 2021
Ripple’s native token has seen a major reversal. XRP reached $2.49, briefly spiking to $2.60, and has now reclaimed the #3 position in the crypto rankings — a spot it last held in early 2021.

This surge isn’t just luck. Several fundamental catalysts are behind the move — including promising legislative developments in the U.S..

🏛️ Tax Relief and Real-World Use Add Credibility
In the U.S. state of Missouri, lawmakers are considering House Bill 594, which could introduce tax deductions for crypto gains — including XRP. If passed, Missouri would be the first state to offer such a benefit.
Meanwhile, XRP holders are growing: more than 11% increase in 2025 alone.

And real-world adoption is expanding — for example, Travala recently added XRP as a payment method.

🐋 Whale Activity Suggests a Market Shift
On-chain data shows that whale selling pressure has significantly eased.

📉 Although overall net flows remain negative, the downtrend is flattening, especially compared to the first few months of the year.
📊 The 30-day moving average of whale activity is trending upward. Historically, this pattern often precedes a stabilization phase followed by bullish movement.
Recent red bars are shrinking, approaching neutral territory — a potential sign of early accumulation.

🔁 Why This Slowdown Matters
Since early 2023, XRP has suffered from persistent capital outflows by large investors, dragging down both price and market sentiment.

Now, however, the flows are leveling out, and early signs of strength are emerging on the charts.
Historically, when whale flows begin to turn positive, it's often a precursor to price recovery.

In summer 2023, a similar trend led to multi-week price surges.

🟢 What to Watch Next
🔸 If the 30-day net flow turns positive for the first time since late 2024, it would be a key psychological shift.

🔸 The reactivation of dormant large wallets would confirm a return of confidence.

🔸 Technically, XRP needs to sustain a breakout above $2.60 with high trading volume.

🔸 A rise in liquidity and order book depth would further support bullish momentum.

📌 Summary
XRP is reclaiming its position among crypto’s top contenders. With its return to the top 3, renewed investor interest, and easing outflows, it may be on the verge of transitioning from volatility to a full-scale recovery.

The next test? Whether XRP can maintain momentum and break through key technical barriers.

#xrp , #Ripple , #altcoins , #CryptoNewss , #cryptocurrencies

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

🌟 There's a general market downturn, especially in cryptocurrencies 👉
🌟 The correction day has begun for all currencies 👉😱👉
🌟 Currencies that haven't risen are about to rise 👉
🌟 Be careful with spot trading 👋
🌟 Be careful with futures trading 👋
🌟 Study the matter seriously and make sure to allocate your funds among only two currencies ❤️
🌟 Buy on the dip and sell on the rise 👋
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