Ripple Labs has announced the withdrawal of its cross-appeal in the long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC), signaling a significant step toward resolving the case. This decision follows a federal judge's rejection of a proposed $50 million settlement, thereby upholding the original $125 million penalty imposed on Ripple for unregistered institutional sales of XRP .
Market Reaction:
Following the announcement, XRP experienced a brief dip to approximately $2.09 but quickly rebounded to around $2.18. This price movement reflects investor optimism about the potential conclusion of the legal proceedings and the clarity it brings to XRP's regulatory status .
Implications for Investors:
Regulatory Clarity: The court's decision affirms that XRP is not considered a security when sold on public exchanges, providing much-needed regulatory clarity for investors and market participants .
Institutional Interest: The resolution of the legal case may pave the way for increased institutional adoption of XRP, as regulatory uncertainties diminish.
ETF Prospects: With the legal hurdles potentially cleared, discussions around the approval of an XRP-based Exchange-Traded Fund (ETF) have gained momentum, which could further enhance XRP's market presence .
Looking Ahead:
While the legal case is nearing its conclusion, investors should remain vigilant for official confirmations regarding the final settlement and any subsequent regulatory developments. The evolving landscape presents opportunities, but also necessitates careful consideration of market dynamics and regulatory frameworks.
*Note: Cryptocurrency investments carry inherent risks. It's essential to conduct thorough research and consult with financial advisors before making investment decisions.*
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XRP Surges 4.52% as Ripple-SEC Case Resolution Sparks Renewed Investor Confidence and High Trading Volume
XRP experienced a 4.52% price increase over the last 24 hours, rising from a 24h open of $2.0883 to a current price of $2.1827 on Binance. This positive movement is primarily attributed to the resolution of Ripple’s long-standing legal battle with the SEC, as Ripple dropped its cross-appeal and the court maintained existing legal restrictions, reducing regulatory uncertainty. Despite some short-term volatility and whale-driven selling pressure earlier in the period, strong on-chain accumulation by large holders and the conclusion of legal proceedings have contributed to renewed investor confidence. As of June 28, 2025, XRP maintains active trading with a 24-hour volume of approximately $3.15 billion and a market capitalization between $123.9 and $126.39 billion, with price stability observed in the $2.09–$2.20 range and sentiment remaining cautiously optimistic.
Reserve Rights ($RSR ) is currently exhibiting strong bullish momentum, with the price reaching $0.0069222, marking a 9.93% increase over the past 24 hours. The 24-hour high stands at $0.00692522, while the low is $0.00628162.
{future}(RSRUSDT)
Market Overview:
Price Movement: RSR has broken out from a recent consolidation phase, climbing from approximately $0.006190 to its current levels.
Volume: The 24-hour trading volume is around $27.6 million, indicating increased market activity and investor interest.
Key Technical Levels:
Support Levels: $0.006544 and $0.006417
Resistance Levels: $0.006801 and $0.007050
Trading Strategy:
Entry Point: Consider entering between $0.00665 and $0.00677
Stop Loss: Set below $0.00640 to manage risk
Profit Targets:
Target 1: $0.00695
Target 2: $0.00720
Target 3: $0.00750
Summary:
RSR's recent price action suggests a strong upward trend, supported by increased trading volume and positive market sentiment. Traders may find this an opportune moment to consider long positions, keeping an eye on the key support and resistance levels mentioned.
*Please note that cryptocurrency investments carry risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.*
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🚨 XRP’s Legal Drama Nears the End – Here’s What Investors Need to Know
After years of back-and-forth with the SEC, Ripple has made a bold move — they’ve dropped their appeal. That signals the case is nearly wrapped up. While Ripple agreed to pay a $125 million penalty, the bigger win is this: XRP is not considered a security in most situations.
This ruling is huge — not just for Ripple, but for the entire crypto industry. It brings long-awaited clarity and confidence back into the XRP ecosystem.
How the Market Reacted
XRP briefly dropped to $1.94 but bounced back to $2.19 in no time.
Support is strong, momentum is building, and Binance shows 89% of traders are bullish on XRP.
There’s even talk that Ripple might close the case for just $50M in the end — and big players are already loading up.
What Could Be Next
The XRP community is buzzing with speculation about a potential ETF listing. If that happens, XRP could surge past $2.50.
But this moment isn’t just about price — it’s about legitimacy. XRP is starting to look like a serious player in global finance, with clearer regulatory backing than ever before.
Final Word
The legal cloud that’s hung over XRP for years is finally clearing. With momentum returning and institutions paying attention, XRP could be gearing up for something massive.
If you’ve been watching from the sidelines — now might be the time to pay attention.
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Allegations Leveled against Across Protocol Team over $23M Transfer; Co-Founder Rebuts
Crypto investigator, Ogle, accuses the Across Protocol team, including project lead Kevin Chan and CEO Hart Lambur, of transferring about $23 million from the Across DAO treasury to their private company, Risk Labs. The allegations suggest that the team manipulated DAO votes using undisclosed wallets, thus breaching core DAO principles. The team is also accused of proposing and passing grants to their private company while maintaining a veneer of community governance.
Lambur has responded to the allegations, describing them as "completely untrue" and asserting that Risk Labs operates under fiduciary responsibilities. He also stressed that the DAO proposals followed transparent processes and that team members are allowed to buy ACX tokens and vote in DAO proposals without revealing all wallet addresses.
Heyyo $HANA Fam✨
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I keep logging in every hour to grow my cards. Hanafuda is a card game built on @HanaNetwork.
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Gemini has launched a tokenized version of MicroStrategy (MSTR) stock for users in the European Union, giving investors onchain access to one of the most Bitcoin-heavy equities in the market. Powered by a partnership with Dinari, this move allows users to hold and trade both crypto and tokenized stocks in a single platform — no need to exit the blockchain ecosystem.
With more tokenized stocks and ETFs on the way, Gemini is paving the path toward a future where traditional finance meets decentralized infrastructure. As interest in digital securities grows, especially in Europe, this could be the beginning of a trillion-dollar transformation.
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Read the full story: www.ecoinimist.com/2025/06/28/gemini-brings-strategy-onchain-eu-users
🚨 $XRP vs SEC: Case Nearly Over – What’s Next for Investors?
What Just Happened?
Ripple has officially dropped its appeal against the SEC. This means the long legal fight is finally coming to an end. The court fined Ripple $125 million, but also said XRP is not a security in most cases — a big win for Ripple and the crypto community.
Even though the case isn’t fully closed yet, things are calm. Both sides seem to be working together now, and that has brought back trust from investors.
Market Reaction
XRP dipped to $1.94, but quickly bounced back to $2.19
Price is holding strong above support levels
Binance data shows 89% bullish sentiment
Some experts believe Ripple could settle the case for just $50 million
Big investors are already making moves during this time
What to Watch Next
The XRP community is excited — many believe an XRP ETF might come soon after the case wraps up. If that happens, we could see prices heading toward $2.50 or more.
This moment is more than just price action — it shows that XRP is gaining a stronger place in institutional finance and crypto regulations.
Final Thoughts
Expect some price swings when final decisions are announced. But the legal clarity around XRP is a major advantage. If you're holding XRP, this could be the beginning of something much bigger.
Stay ready. Stay smart. Opportunities are coming.
Heyyo $HANA Fam✨
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I keep logging in every hour to grow my cards. Hanafuda is a card game built on @HanaNetwork.
You deposit assets from networks like Ethereum, Arbitrum, or Base to earn cards, play, and collect points.
The goal: have fun while earning!
Invite your friends, build your team, and boost your points together.
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Coinme fined $300,000 for violating California crypto ATM laws
Bitcoin ATM operator Coinme has been fined by California regulators for violating new digital asset kiosk laws. Under a consent order, the company must pay $51,700 in restitution to affected users and a $300,000 administrative penalty, split into three installments.
The DFPI found that Coinme allowed transactions exceeding the $1,000 daily limit and failed to include exchange names on transaction receipts. Coinme is also required to revise its policies, submit compliance reports regularly, and cease the cited violations.
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