ECFilesAppealRipple

On Wednesday, October 2, the United States Securities and Exchange Commission (SEC) took a formal step in extending the $XRP lawsuit with Ripple by filing a Notice of Appeal of Judge Torres’s ruling. This move came on the heels of the final judgment by the US District Court, Southern District of New York on August 7, which the SEC is now contesting.In the notice, the agency does not specify which elements of the case it will appeal. The ambiguity leaves room for speculation whether the SEC will challenge both decisions by Judge Torres, the ruling on programmatic sales of $XRP which also clarified that XRP itself is not a security (from July 2023) or the remedies imposed on Ripple’s institutional sales, finalized on August 7.Ripple’s response to the SEC’s action was promptly articulated by the company’s Chief Legal Officer, Stuart Alderoty. Through a post on X, Alderoty slams the SEC’s persistent legal strategies. Notably, he also mentions that Ripple is contemplating a cross-appeal. If Ripple decides to pursue a cross-appeal, it must file within a 14-day window that begins on October 3.Via X, crypto lawyer James “MetaLawMan” Murphy commented on the potential next deadline in the case: “Next step on the Ripple Appeal. My recollection of the process is that the SEC has 14 days to file a form that will identify which specific issues it is appealing. Lawyer disclaimer: I haven’t handled a 2nd Circuit appeal since 2021. So, things could have changed.”Fred Rispoli, a pro-XRP lawyer and founder of HODL Law, shared a comprehensive projection of how the appellate timeline might unfold. He indicated that the SEC would likely have its brief due by December 2, 2024, with a probable request for a 30-day extension pushing this deadline to early January 2025.Concurrently, Ripple would be preparing its opening brief for a potential cross-appeal around the same time. Following this, the opposition’s briefs would be due by February 2, 2025, with Ripple potentially utilizing its right to an extension, which would shift this deadline to March 2, 2025.The subsequent reply briefs would be scheduled for the end of March 2025. Oral arguments would be anticipated between September and October 2025, with a final ruling from the Second Circuit expected no earlier than January 2026, although it might realistically extend to March or April 2026.Following the news of the appeal, the spirit in the XRP community has been heated. Chad Steingraber raised a question about the timeline for the case reaching the Supreme Court, to which Rispoli estimated an additional 1.5 to 2 years from the conclusion of the Second Circuit’s decision.Other community members speculated about potential political influences on the case, pondering scenarios where changes in the US administration could alter the SEC’s stance or even lead to a withdrawal of the appeal. In response to a query about why the SEC might withdraw their appeal, Rispoli stated “The parties could agree to withdraw the appeal at any time.”He added, “There is a mandatory mediation program in the appellate courts that encourages all parties to settle as early as possible. This is an extreme example, but if the Democrats were demolished in the election and 20% of voters in the exit polls said it was because of the Ripple case, that would be a reason for the SEC to fold real quick.”At press time, $XRP traded at $0.5332 down -10% in the last 24 hours.#ECFilesAppealRipple #SECAppealRipple #XRPGoal #Ripple💰

Dear Binancians, 🏝️

Binance are pleased to announce the inaugural Binance Traders League 2024, that caters to both novice and seasoned traders, offering various challenges through competitive community engagement. Trader Leagues features a substantial $10 million rolling total prize pool across both solo and team-based Spot and Futures trading leagues:

The Spot Traders League features trading volume-based and ROI-based competitions. Participants will be ranked by their total spot trading volume (buys and sells) and ROI percentage during the Promotion Period. Top traders in each category will share $1,500,000 in BNB rewards, totaling up to $3,000,000 in prize pool. Additionally, traders can join a limited-time mission campaign to win a share of 200,000 USDC, on a first-come-first-served basis by exploring Spot Copy Trading and Trading Bot. Whether you're a novice or seasoned trader, this league offers a thrilling opportunity to showcase your skills and earn significant rewards.

The Futures Traders League offers a diverse array of competitions, catering to both team and individual traders. Traders will compete in the Teams PNL and Solo ROI competitions to share a substantial prize pool of up to 7,000,000 USDT and exclusive Binance VIP Swag. First-time Futures traders will also get to share a welcome prize pool of up to 700,000 USDT. The Futures Traders League is for individuals and teams looking to strategically demonstrate their ability to leverage technical analysis and market insight, making it a thrilling and rewarding experience for all involved.

Pre-registration of the Traders League starts today at time of announcement, Spot limited-time mission campaign and Futures welcome rewards open for pre-heat. Spot and Futures solo competitions officially kicking off on 2024-10-08, and Futures team registration begins on 2024-10-10.Pre-register now and prepare yourself for the exciting launch of the Binance Traders League. If you are a lead trader, this is the perfect time to start recruiting followers through your social media channels. Build your team and amplify your chances of success! For trading enthusiasts, don’t miss this golden opportunity to invite your friends to Binance and join the Traders League together. Compete for a share of the impressive $10,000,000 prize pool and experience the thrill of trading at its finest.

Pre-registration here !

#triumph #SECAppealRipple #ECFilesAppealRipple #TCUptober #HBODocumentarySatoshiRevealed

1️⃣ Satoshi... Individual or Team?

🔍 From the beginning, there are big questions: Could just one person have created all this complex system? 🤔
The most popular theory is that "Satoshi" may not be an individual, but rather a group of developers who worked together behind a single pseudonym.

2️⃣ 🤓 Is it Nick Szabo?

🔐 One of the most prominent candidates is Nick Szabo, who is considered the “father” of the concept of smart contracts. 📝

Pi Network has gained massive attention in the crypto space, with millions of users mining Pi on their smartphones daily. But a burning question lingers—why hasn’t Pi made its debut on major exchanges like Binance or Coinbase? For many Pi miners, a listing on these platforms would mean unlocking real financial potential.
One of the primary reasons is that Pi Network is still operating within its enclosed mainnet. This means the blockchain hasn’t yet opened for public trading, a critical step for any cryptocurrency to be listed on major exchanges. As it stands, Pi is not yet available for open trading like Bitcoin or Ethereum.
There’s also the matter of regulatory compliance. Pi Network must ensure it meets all necessary financial regulations globally before it can be listed. Any failure to comply could lead to legal issues, something that both Pi and major exchanges like Binance want to avoid.
Lastly, exchanges such as Binance focus on coins that already show high liquidity and demand. Pi is still relatively new, and due to its restricted trading environment, it hasn’t been able to display the trading volume and liquidity that these exchanges look for. Until Pi can prove its potential in these areas, the listing may remain on hold.
For those looking forward to Pi's big exchange debut, patience is crucial. Pi Network is still in its early days, and although the potential is significant, getting listed on major platforms takes time, regulatory approval, and liquidity. Keep mining, stay patient, and the opportunity might arrive—but not overnight.
#BinanceLaunchpoolHMSTR #ECFilesAppealRipple #SECAppealRipple #itwiseFilesXRPETF #BNBChainMemecoins

It might be hard to believe, but if you’ve ever felt like you were losing to the market, there’s a reason—Whales. These heavy-hitting players are silently pulling the strings behind the scenes, driving prices up and down like a roller coaster while the retail traders (you!) are left picking up the pieces. But here's the secret: You don’t have to be a victim of their manipulation. With the right strategies, you can outsmart the whales and turn the tables in your favor!

Whales are experts at making money in the crypto market. They control the big price swings—the pumps and the dumps—and they profit by selling at the peak and buying at the bottom. But with a sharp eye and a solid plan, you can navigate this volatile terrain and secure the profits you deserve. Let’s dive into how these whales operate and, more importantly, how YOU can beat them at their own game.

🚨 Whale Tactics: The Secret Behind Their Moves 🚨

Whales don’t just randomly throw money at the market. They have a method to their madness, one that leaves most traders scrambling. Here’s a closer look at how they work:

1. Hidden Accumulation ➞ Price Surge

Whales start by quietly gathering assets over time, accumulating large positions without causing any noticeable price changes. Their goal? Drive the price up, subtly, creating momentum for massive gains.

2. Re-Accumulation ➞ Even Higher Surge

Once the price has started rising, they go back for more. By adding even more to their positions, they boost the price even higher, leading to FOMO (Fear of Missing Out) among retail traders who rush in to buy at inflated prices.

3. Selling Off ➞ Market Drop

At this point, the whales are ready to cash out. They sell large chunks of their holdings at the peak, causing the price to suddenly tumble. This leaves everyone else in panic mode, with prices dropping sharply.

4. Second Sell-Off ➞ Further Decline

And the saga doesn’t end there. Whales know when to push the market down even further. As they continue to sell more, the price falls, triggering stop losses and causing smaller traders to panic-sell.

5. Market Manipulation

Through carefully timed actions and deliberate market traps, whales confuse retail traders with fake signals, large buy/sell orders, and sudden price surges. It’s a game of deception, and the winners are the ones who can see through it.

💡 How to Outsmart the Whales & Start Earning 💡

The good news? You don’t have to let the whales steal your profits. Here’s how you can navigate their traps and come out on top:

1. Watch for Sudden Surges & Sharp Declines

These are often signs of whale activity. Price moves that happen too quickly are usually part of a manipulation strategy. Stay vigilant when you spot these.

2. Pay Attention to Price Gaps (Fair Value Gaps)

Price gaps often signal an upcoming correction or a reversal. When whales want to push the price down, these gaps can reveal the start of a sell-off. The key is to catch these moves early!

3. Watch for Deceptive Patterns

Whales use fake signals to confuse the market. They might place huge buy or sell orders that get canceled or manipulate support and resistance levels. Stay cautious and look for signs of a false breakout before jumping in.

4. Look for Consistent Tests of Support and Resistance

Whales often push prices to test key levels of support and resistance. If you spot a repeated test of these levels, it might be a sign that whales are preparing for a move. Be ready to act when they do!

5. Plan Your Trades Carefully

Whales play the long game, and so should you. Develop a strategy to identify when whales are moving, and stick to your plan. With patience and analysis, you can ride the waves and secure consistent profits instead of falling victim to their schemes.

---

🌟 Seize Control of the Market with Smart Strategies 🌟

The key to success in crypto trading is understanding the game that whales are playing—and learning how to play it better. They may be able to create wild swings, but with the right tools and tactics, you can use those swings to your advantage. Watch the market closely, be mindful of sudden movements, and never let your emotions dictate your trades.

Remember, the market is full of opportunities for those who are prepared. With a sharp mind and a strategic approach, you can turn whale-driven volatility into your personal profit. Who said you can’t beat the whales at their own game? 💪

Stay sharp, plan your trades, and keep winning! The crypto world is yours for the taking!
#ECFilesAppealRipple #itwiseFilesXRPETF #EIGENonBinance #Write2Earn!