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“Bollinger Bandwidth Plunges on XRP—Massive Price Move Likely Imminent!”

The Crypto Basic

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#XRP may be warming up for a price explosion similar to the November 2024 rally, as its Bollinger Bandwidth slumps to historically low levels. 

Read more on: https://thecryptobasic.com/2025/06/17/you-know-what-happens-next-as-xrp-bollinger-bandwidth-slumps/
#CryptoNewss 

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Following the expiration of the initial 60-day pause on the #Ripple appeal, the SEC has requested that the Second Circuit extend the abeyance for an additional 60 days. The SEC made the request in a status report filed with the U.S. Court of Appeals for the Second Circuit. According to the latest filing, the SEC requests that the court pause the appeals for an additional 60 days. In effect, the next status update is August 15, 2025. Recent Developments in SEC v. Ripple Appeal In April, the SEC and Ripple jointly requested a 60-day pause of appeal. At the time, they disclosed plans to obtain an indicative ruling from the District Court regarding their in-principle agreement. This agreement involves vacating the permanent injunction imposed on Ripple’s institutional sales and reducing the penalty to $50 million from initial order of $125 million. Second Circuit froze the parties’ appeals for 60 days and ordered the SEC to file a status report by June 16. Parties Refile Motion for Indicative Ruling As a result, they jointly requested an indicative ruling on their settlement agreement, which was denied mid-last month. U.S. District Judge Analisa Torres emphasized that the motion had a procedural flaw. The judge noted that modifying her final judgment, as requested by the parties, is reserved for rare, exceptional circumstances. In parallel, she claimed the parties failed to meet the ‘exceptional circumstances’ criteria. Undeterred, the SEC and Ripple refiled their motion for an indicative ruling last week, highlighting exceptional circumstances that warrant modification of the final ruling. Current Status The motion is still pending in the district court, as Judge Torres has not yet issued a decision. As the parties await the district court’s decision, the SEC has filed a status report to update the Second Circuit on the case’s current status, requesting two months’ grace. The next step in the Ripple lawsuit hinges on Judge Torres’ decision on the motion for an indicative ruling. #Crypto

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"Ethereum Comeback Begins – Bulls Set Sights on $2,800 After Strong Rebound!"

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#Cardano founder Charles Hoskinson has proposed an initiative that would enable XRP holders to earn significantly better yields. Hoskinson made the announcement during a recent live broadcast. In a tweet, the popular Cardano media outlet Angry Crypto Show highlighted a segment of the broadcast in which Hoskinson suggested positioning Midnight as XRP’s DeFi layer. Notably, Hoskinson’s initiative envisions Midnight, Cardano’s upcoming sidechain, as the decentralized finance (DeFi) hub of the XRP ecosystem. Now, the Cardano founder aims for Midnight to serve as the DeFi layer of the XRP ecosystem, allowing XRP holders to earn rewards. This initiative would enable XRP holders to bridge their tokens to Midnight and deposit them into Cardano-based DeFi protocols to “get much better yields.” With Midnight serving as XRP’s DeFi layer, holders can participate in yield farming, liquidity provision, and other DeFi activities. Hoskinson’s DeFi plans for XRP come weeks after Uphold, a crypto exchange, revealed a similar initiative for the third-largest non-stablecoin token. As previously reported, Uphold announced a partnership with Flare Network to help its users earn yields on their XRP holdings. The exchange is currently working behind the scenes to expose XRP holders to decentralized finance, where they can earn rewards through staking and yield farming. Meanwhile, Hoskinson’s DeFi plan for XRP is just one piece of a broader roadmap envisioned for the token’s ecosystem. In April, Hoskinson confirmed that XRP would be integrated into Lace, Cardano’s non-custodial blockchain wallet. Additionally, discussions are ongoing regarding the potential integration of Ripple USD (RLUSD) stablecoin on the Cardano blockchain. Moreover, XRP holders would also participate in the upcoming Glacier Drop, slated for later this year. In a recent engagement on X, the Cardano founder referred to these initiatives as a ‘whole package’ for XRP.’ #Crypto

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"Ripple IPO Incoming? Former Director Reveals Predicted Valuation!"

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The Shiba Inu ecosystem team announces a major project that could revolutionize SHIB and potentially mark the end of its meme era. The team took to X to announce the beta launch of Shib Alpha Layer, the ecosystem’s rollup abstraction developed in collaboration with ElderLabs. Despite no VC funding, the Shiba Inu ecosystem team and ElderLabs’ engineers successfully built the project in record time. While unveiling the new initiative, Shiba Inu’s lead developer, Kaal Dhairya, reflected on past criticism directed at the cryptocurrency. He noted that Shiba Inu was initially dismissed as a meme coin, overwhelmed by “Wen Shibarium?” jibes and drowned in fear, uncertainty, and doubt (FUD). Instead of focusing on the criticism, Dhairya emphasized that the team kept building, delivering key projects like Shib Alpha Layer, which he introduced yesterday. The Shib Alpha Layer helps unify every RollApp, integrating them into a single, ultra-fast layer. It acts as a unified top layer that hides the complexity of multiple RollApps operating beneath it. “[With Shib Alpha Layer], users feel like they are transacting on one chain while dozens of rollups operate beneath the surface,” Dhairya remarked. Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, also brought the newly introduced project to the community’s attention, urging enthusiasts to read the text from Dhairya. Recall that Kusama has been inactive on X over the past few weeks due to his ongoing work on the whitepaper exploring the interaction between Shiba Inu and AI. However, he emerged from hibernation yesterday to highlight Shiba Inu’s Web3 gaming initiative on Astra Nova’s TokenPlay. ai platform and the newly introduced Shib Alpha Layer.16648 Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, also brought the newly introduced project to the community’s attention, urging enthusiasts to read the text from Dhairya. #CryptoNewss

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