The end of the SEC-Ripple lawsuit over XRP has led to a significant increase in the token price. Over the past 24 hours, $XRP has risen by 12%, reaching $3.34, which is associated with the announcement of the parties' agreement to abandon appeals and the end of the case. This was an important victory for Ripple, which previously faced accusations from the SEC of selling unregistered securities. The increase in interest in XRP was manifested in an increase in trading volume from $4 billion to $10 billion and a 20% increase in open interest, as well as an increase in the number of large holders. Despite the positive news, XRP has not yet reached its all-time high of $3.84 recorded in 2018. Analysts at Standard Chartered bank predict that the price will rise to $5.5 this year and to $12.5 by 2028, given XRP's role in cross-border payments and fast-growing use cases.
In the UK, the Lancashire County Police made a profit of £500,000 ($665,000) from the sale of confiscated bitcoins. In 2017, criminals stole money and converted it into cryptocurrency, which was later seized and frozen. During a lengthy investigation, law enforcement sold the bitcoins, the value of which had increased over the years, and were able to fully compensate the victim for the damages. The remaining balance, about £1 million ($1.3 million), was divided between the Home Office and the Lancashire department to fund crime-fighting efforts — previously, such funds were used to purchase equipment and support anti-drug projects. This practice of seizing and selling cryptocurrency is becoming increasingly popular in the UK: in 2021, assets worth $250 million were confiscated, and in 2024, $1.77 billion. The law allows the police to use the funds obtained to reduce crime levels and support various initiatives. $ENA $BTC $SOL
The Cyber Police warned about the increase in gift scams on Telegram, which malefactors use for hidden advertising of prohibited content, including drug shops, casinos, and extremist websites. Scammers give channel administrators gifts with malicious links, which can lead to the blocking of channels by Roskomnadzor based on subscriber complaints. The Ministry of Internal Affairs advises regularly checking the gifts tab and deleting suspicious ones. The editorial notes that such gifts also come from dubious sources with pseudo-investments and fraudulent schemes, hoping that the links will be visible in the gift list. At the same time, Telegram founder Pavel Durov actively promotes the idea of gifts, including NFTs and cryptocurrency tokens, raising questions about the legality and safety of such new forms of communication and monetization within the messenger. #CFTCCryptoSprint $BTC $SOL $ETH
Solana has begun shipping the second generation of Seeker crypto smartphones, developed by Solana Mobile. The device, which runs on Android, includes a built-in crypto wallet, storage for private keys, and a decentralized Web3 app store. Early customers are already receiving devices, which were priced at $500 for early buyers. Unlike the first device, Saga, which did not see much demand, Seeker is showing strong results — over 150,000 devices were sold during the pre-order phase. As part of the launch, there is also a plan to launch the SKR token — the native asset of the ecosystem. Users have found that cryptocurrencies, including the meme coin BONK, which grew nearly 100 times in 2023, have started to arrive in the wallets of the devices. This has caused a stir, and on the secondary market, the price of the devices reached $2-5 thousand. Despite a slight decrease in the Solana (SOL) price, interest in crypto smartphones is growing, highlighting the trend of integrating blockchain technologies into mobile devices. #CreatorPad $BTC $ETH $XRP
An unusual event took place in Lugano over the weekend: the statue of Bitcoin's creator, Satoshi Nakamoto, was stolen and thrown into the lake. Municipal officials later found and restored it. The statue, erected in October 2024 at the initiative of the Plan ₿ project with support from Tether and the authorities of Lugano, was created by Bitcoin enthusiast Valentina Picozzi. It symbolizes the anonymous creator of the cryptocurrency, whose identity has remained a mystery for over 14 years. The vandals damaged the figure, breaking off most of it, leaving only two mounts at the base. A reward of 0.1 BTC (approximately $11,000) has been announced for the return of the statue. The project's goal is to establish 21 such statues around the world, with similar ones already in Japan and El Salvador. The incident underscores the mystery surrounding Nakamoto, whose true appearance remains a secret to the entire world. #BTCReserveStrategy $BTC $ETH $BNB
The company Tron, which went public on NASDAQ on July 24, plans to enter the NASDAQ 100 index within three years, said founder Justin Sun. The project achieved this through a merger with SRM Entertainment, which changed its ticker to TRON. This is part of a strategy to create a crypto reserve, similar to the strategies of Michael Saylor and other funds, raising capital through stocks to buy bitcoins and altcoins. As part of this, TRX became the largest public holder of tokens, and the trading opening ceremony took place in Times Square, where the Tron logo shone on the screen. Sun noted that NASDAQ is just the beginning, and the goal is to get into the top 100 index, where giants like Apple and Google are traded. The TRX token ranks 9th by market capitalization ($29.7 billion), trading at around $0.31 and has risen by 1% over the past day. The initiative has received support and attention from major investors, including fans of the crypto industry. $BNB $TRX $TRUMP #Tron #CryptoNewsCommunity
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Recently delved into Lagrange's ecological layout and found its innovative approach in the field of decentralized storage to be very promising—by combining encryption technology with distributed nodes, it ensures data security while enhancing access efficiency. This direction, which balances technical reliability and user experience, may become an important breakthrough for Web3 storage. Looking forward to seeing more applications implemented and curious about the new ideas that the community will generate~ @Lagrange Official #lagrange $LA
We are experiencing days when Ethereum is performing better than Bitcoin. We may soon reach $5000 in ETH. ETH's strong stance heralds the altcoin bull market. Are you ready for big rallies? Who holds Ethereum?