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Leading crypto self-custody service provider Tangem now natively supports tokens on the VeChain blockchain within its application.
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āBollinger Bandwidth Plunges on XRPāMassive Price Move Likely Imminent!ā
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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 theĀ requestĀ 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.Ā 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.Ā This agreement involves vacating the permanent injunction imposed on Rippleās institutional sales and reducing the penalty to $50 million from initial order of $125 million. Second Circuit froze the partiesā appeals for 60 days and ordered the SEC toĀ fileĀ a status report by June 16.Ā Parties Refile Motion for Indicative Ruling As a result, they jointly requested an indicative ruling on their settlement agreement, which wasĀ deniedĀ mid-last month. U.S. District Judge Analisa Torres emphasized that the motion had a procedural flaw.Ā 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 āexceptional circumstancesā criteria.Ā Ā Undeterred, the SEC and Ripple refiled their motion for an indicative ruling last week, highlighting exceptional circumstances that warrant modification of the final ruling.Ā Current StatusĀ The motion is still pending in the district court, as Judge Torres has not yet issued a decision. As the parties await the district courtās decision, the SEC has filed a status report to update the Second Circuit on the caseās current status, requesting two monthsā grace. The next step in the Ripple lawsuit hinges on Judge Torresā decision on the motion for an indicative ruling.Ā #Crypto
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"Ethereum Comeback Begins ā 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. HoskinsonĀ madeĀ 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 XRPās DeFi layer. Notably, Hoskinsonās initiative envisions Midnight, Cardanoās 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 āget much better yields.ā With Midnight serving as XRPās DeFi layer, holders can participate in yield farming, liquidity provision, and other DeFi activities. Hoskinsonās 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, Hoskinsonās DeFi plan for XRP is just one piece of a broader roadmap envisioned for the tokenās ecosystem.Ā In April, HoskinsonĀ confirmed that XRP would be integrated into Lace, Cardanoās 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 āwhole packageā for XRP.ā #Crypto
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"Ripple IPO Incoming? Former Director Reveals Predicted Valuation!"
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