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Ripple Labs has asked the court to set a deadline of April 16, 2025, for the filing of its cross-appeal brief in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In a letter filed with the court on January 23, 2025, Ripple’s legal team, Michael Kellogg, stated that Ripple’s CEO (CEO) Brad Garlinghouse and one of its founders, Chris Larsen, support the request. This request is one of the developments in the ongoing legal battle between the SEC and Ripple, and it is important to continue to monitor the future status of the case. #Ripple #SECCrypto #RippleXRP
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On January 23, 2025, President Donald Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technology.” The order aims to strengthen the United States’ leadership in the areas of digital currency and financial technology. The main benefits of this order are as follows: 1. Strengthening American Leadership The executive order aims to strengthen the United States’ global leadership in digital currency and financial technology. Under this order, the U.S. government will support the development of digital currencies, including blockchain technology and stablecoins. 2. Regulatory Clarity The executive order aims to provide greater regulatory clarity for digital currencies. The order establishes the President’s Working Group on Digital Currency Markets and is tasked with recommending federal regulations for digital currencies. 3. Digital Currency Resources The executive order states that the United States should study the potential for digital currency resources. Such resources could come from existing government digital currencies, and the order does not specifically mention a resource that relies on Bitcoin. 4. Stablecoins and the Advantage of the Dollar The executive order supports the development of stablecoins that are backed by the dollar. Such stablecoins could help maintain the dollar’s global dominance. 5. International Reaction There have been reactions to the executive order from international organizations, such as the European House of Representatives. For example, the European Central Bank has pointed to the development of a euro digital currency as important to protect European banks from the development of dollar-backed stablecoins. In terms of potential benefits, the executive order aims to enhance the United States’ leadership in the digital currency space, It aims to further clarify regulations and maintain the dollar's global leadership. #Cryto2025Trends
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Wait XRP Bullish $4…. #XRP #Xrp🔥🔥 #bullish
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Earning 40% APR (Annual Percentage Rate) on Hive coin or any cryptocurrency can be highly appealing but also comes with significant risks. Let’s break it down: How is 40% APR Possible? 1. Staking Rewards: Some platforms or protocols offer high rewards for staking Hive coin, as they use it to support network security or liquidity. 2. Liquidity Pools: Decentralized exchanges or DeFi platforms may offer high APRs for providing liquidity to Hive-related trading pairs. 3. Yield Farming: Some platforms reward users with tokens or a share of transaction fees for locking up their Hive coins. 4. Incentives for Adoption: Newer platforms sometimes offer high rewards to attract users. Factors to Consider 1. Platform Credibility: Ensure the platform offering 40% APR is legitimate and secure. 2. Impermanent Loss: If providing liquidity, your earnings could be impacted by market volatility. 3. Smart Contract Risk: DeFi platforms can have vulnerabilities that hackers exploit. 4. Sustainability: Extremely high APRs are often not sustainable over time. Steps to Evaluate 1. Research the Platform: Verify its security, reputation, and user reviews. 2. Understand Terms: Check if the 40% APR is fixed, variable, or dependent on certain conditions. 3. Monitor Risks: Be aware of potential market and systemic risks. #40% #APR #hive
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Breaking News. 🗞️ President Trump has made good on his campaign promise to appoint Elon Musk to the position of DOGE (Department of Government Efficiency). The DOGE website went live today, highlighting the logo of the department with the meme coin puppy. The price of DOGE coin immediately surged after the DOGE official website was launched. #DepartmentOfGovernmentEfficiency #dogecoin #ElonsMusk
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