LaoSan04
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XRP’s legal status “remains unchanged,” says Ripple lawyer
After the ruling, Ripple chief legal officer Stuart Alderoty said, “The ball is back in our court.”
“The Court gave us two options: dismiss our appeal challenging the finding on historic institutional sales — or press forward with the appeal,” Alderoty said.
“Either way, XRP’s legal status as not a security remains unchanged,” he said, adding:
“In the meantime, it’s business as usual.”
If the SEC also drops its appeal, it could bring to an end the legal battle between Ripple Labs and the US regulator that has lasted for more than four years.
Related: US judge denies Ripple, SEC joint request to reduce $125M penalty
In December 2020, the SEC filed the lawsuit against Ripple Labs, Chris Larsen and CEO Brad Garlinghouse.
The SEC’s central claim was that Ripple had raised $1.3 billion by selling XRP as an unregistered security, violating federal securities laws.
In August 2024, Garlinghouse argued that Torres’ decision to fine Ripple Labs $125 million was “a victory” for the firm, pointing out that it was a 94% reduction from the SEC’s initial plan to fine Ripple for $2 billion in damages.
After the ruling, Ripple chief legal officer Stuart Alderoty said, “The ball is back in our court.”
“The Court gave us two options: dismiss our appeal challenging the finding on historic institutional sales — or press forward with the appeal,” Alderoty said.
“Either way, XRP’s legal status as not a security remains unchanged,” he said, adding:
“In the meantime, it’s business as usual.”
If the SEC also drops its appeal, it could bring to an end the legal battle between Ripple Labs and the US regulator that has lasted for more than four years.
Related: US judge denies Ripple, SEC joint request to reduce $125M penalty
In December 2020, the SEC filed the lawsuit against Ripple Labs, Chris Larsen and CEO Brad Garlinghouse.
The SEC’s central claim was that Ripple had raised $1.3 billion by selling XRP as an unregistered security, violating federal securities laws.
In August 2024, Garlinghouse argued that Torres’ decision to fine Ripple Labs $125 million was “a victory” for the firm, pointing out that it was a 94% reduction from the SEC’s initial plan to fine Ripple for $2 billion in damages.
XRP spikes 3% after Garlinghouse says Ripple dropping SEC cross-appeal
XRP spiked Friday after Ripple CEO Brad Garlinghouse said the company is “closing this chapter once and for all” in its legal battle with the US regulator that began in December 2020.
XRP’s price jumped over 3% on Friday just hours after Ripple Labs CEO Brad Garlinghouse said the company is dropping its cross-appeal against the US Securities and Exchange Commission (SEC) and expects the regulator to do the same.
“Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as they’ve previously said,” Garlinghouse said in an X post on Friday. XRP
XRP
$2.18
, the cryptocurrency associated with Ripple Labs, spiked 3.36% to $2.18 just five hours after the post, according to CoinMarketCap data.
Garlinghouse declares a return to regular operations
“We’re closing this chapter once and for all and focusing on what’s most important – building the internet of Value. Lock in,” Garlinghouse added.
The announcement comes a day after the US district court denied a joint motion from the SEC and Ripple requesting an indicative ruling to reduce a $125 million civil penalty and reverse an order defining primary sales of XRP to institutional investors as securities transactions under Article 5 of the Securities Act.
Ultimately, the Court granted in part the SEC’s request for an injunction and a civil penalty because the Court found that 'Ripple’s willingness to push the boundaries of the [Summary Judgment] Order evinces a likelihood that it will eventually, if it has not already, cross the line,” Judge Analisa Torres said.
$XRP #XRPRealityCheck
XRP spiked Friday after Ripple CEO Brad Garlinghouse said the company is “closing this chapter once and for all” in its legal battle with the US regulator that began in December 2020.
XRP’s price jumped over 3% on Friday just hours after Ripple Labs CEO Brad Garlinghouse said the company is dropping its cross-appeal against the US Securities and Exchange Commission (SEC) and expects the regulator to do the same.
“Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as they’ve previously said,” Garlinghouse said in an X post on Friday. XRP
XRP
$2.18
, the cryptocurrency associated with Ripple Labs, spiked 3.36% to $2.18 just five hours after the post, according to CoinMarketCap data.
Garlinghouse declares a return to regular operations
“We’re closing this chapter once and for all and focusing on what’s most important – building the internet of Value. Lock in,” Garlinghouse added.
The announcement comes a day after the US district court denied a joint motion from the SEC and Ripple requesting an indicative ruling to reduce a $125 million civil penalty and reverse an order defining primary sales of XRP to institutional investors as securities transactions under Article 5 of the Securities Act.
Ultimately, the Court granted in part the SEC’s request for an injunction and a civil penalty because the Court found that 'Ripple’s willingness to push the boundaries of the [Summary Judgment] Order evinces a likelihood that it will eventually, if it has not already, cross the line,” Judge Analisa Torres said.
$XRP #XRPRealityCheck
Tense Wait for $17 Billion in Bitcoin and Ethereum! How Will It Affect BTC and ETH Prices?
Leading cryptocurrency Bitcoin (BTC) rose from $100,000 at the beginning of the week to over $108,000 with news of a ceasefire between Israel and Iran.
Unable to hold on here, BTC continues to move sideways at the $107,000 level, while today, as every Friday, the expiration date for option contracts in the crypto market has come.
These options are even more important because they fall on the last Friday of both the week and the month.
According to the data, $15 billion worth of Bitcoin (BTC) and $2.29 billion worth of Ethereum (ETH) options will expire on June 27 on the Deribit derivatives exchange.
Accordingly, the Put/Call Ratio of BTC options is 0.75, the maximum loss point is $ 102,000 and the notional value is $ 15 billion.
When we look at Ethereum, ETH options have a Put/Call Ratio of 0.52, a maximum loss point of $2,200, and a notional value of $2.29 billion.
The maximum pain point is the level at which the price of a cryptocurrency settles at a certain value as an option approaches its expiration date, resulting in significant losses for the largest number of option traders.
At this point, significant volatility could be seen in Bitcoin prices as the $15 billion options expiration on June 27th. While the maximum pain point is at $102,000 for BTC and $2,200 for Ethereum, investors could push prices to this level through market manipulation, as market prices are above the maximum pain point.
This means that a large portion of investors are in profit. This may lead some investors to realize their profits and increase volatility in prices.
Evaluating the options data on Bitcoin, Deribit Asia Business Development Head Lin Chen stated that the ratio of put and call options started to increase and reached 0.75.
So, this means that while the number of call options is ultimately greater, the number of put options has also started to increase in recent days.
Lin Chen said that this situation is not only due to the expectation of a decline, but also because investors are looking for opportunities to buy at the bottom in case of a possible decline:
“The increase in put options does not mean that investors expect a decline in Bitcoin. Investors are acting strategically. Traders are taking positions either to sell put options and earn premium or to avoid being left out in the face of a possible decline and to buy BTC at the bottom.”
*This is not investment advice.
Unable to hold on here, BTC continues to move sideways at the $107,000 level, while today, as every Friday, the expiration date for option contracts in the crypto market has come.
These options are even more important because they fall on the last Friday of both the week and the month.
According to the data, $15 billion worth of Bitcoin (BTC) and $2.29 billion worth of Ethereum (ETH) options will expire on June 27 on the Deribit derivatives exchange.
Accordingly, the Put/Call Ratio of BTC options is 0.75, the maximum loss point is $ 102,000 and the notional value is $ 15 billion.
When we look at Ethereum, ETH options have a Put/Call Ratio of 0.52, a maximum loss point of $2,200, and a notional value of $2.29 billion.
The maximum pain point is the level at which the price of a cryptocurrency settles at a certain value as an option approaches its expiration date, resulting in significant losses for the largest number of option traders.
At this point, significant volatility could be seen in Bitcoin prices as the $15 billion options expiration on June 27th. While the maximum pain point is at $102,000 for BTC and $2,200 for Ethereum, investors could push prices to this level through market manipulation, as market prices are above the maximum pain point.
This means that a large portion of investors are in profit. This may lead some investors to realize their profits and increase volatility in prices.
Evaluating the options data on Bitcoin, Deribit Asia Business Development Head Lin Chen stated that the ratio of put and call options started to increase and reached 0.75.
So, this means that while the number of call options is ultimately greater, the number of put options has also started to increase in recent days.
Lin Chen said that this situation is not only due to the expectation of a decline, but also because investors are looking for opportunities to buy at the bottom in case of a possible decline:
“The increase in put options does not mean that investors expect a decline in Bitcoin. Investors are acting strategically. Traders are taking positions either to sell put options and earn premium or to avoid being left out in the face of a possible decline and to buy BTC at the bottom.”
*This is not investment advice.
Low Cost & Speed Are the Attraction
TRON's soaring adoption is inseparable from its technical advantages. Compared to Ethereum, transaction fees on TRON are much cheaper, making it ideal for both routine and large-volume transfers.
The high transaction speed also makes TRON suitable for use on various platforms, from personal wallets to global crypto exchanges.
It is no wonder that stablecoin liquidity is now increasingly shifting to this network, especially for USDT which dominates global stablecoin capitalization.
TRX Price Moves Slowly, But Upward Pressure Increases
Despite TRON’s very bullish on-chain data, TRX’s token price has yet to fully reflect this fundamental strength.
In the past three days, TRX has only recorded a gain of around 5%, partly driven by global sentiment such as news of a ceasefire.
However, analysts note that TRX’s current technical structure is similar to a major breakout pattern in Q4 2024.
At that time, an ascending channel pattern with narrowing Bollinger Bands managed to trigger a significant price surge.
If the technical scenario repeats itself, a breakout above $0.29 could pave the way to the ATH level of $0.44.
TRON Is Getting Ready to Become the Backbone of Global Stablecoin
TRON's success in dominating the stablecoin market is not just about numbers. It reflects a shift in crypto user behavior that increasingly prioritizes efficiency and speed.
With the dominance of institutional volume and retail transaction frequency, TRON is now the new foundation for stablecoin liquidity flows in the crypto world.
Ethereum may still be ahead in the complex DeFi segment, but for the stablecoin sector, TRON has already taken the top spot.
TRON's soaring adoption is inseparable from its technical advantages. Compared to Ethereum, transaction fees on TRON are much cheaper, making it ideal for both routine and large-volume transfers.
The high transaction speed also makes TRON suitable for use on various platforms, from personal wallets to global crypto exchanges.
It is no wonder that stablecoin liquidity is now increasingly shifting to this network, especially for USDT which dominates global stablecoin capitalization.
TRX Price Moves Slowly, But Upward Pressure Increases
Despite TRON’s very bullish on-chain data, TRX’s token price has yet to fully reflect this fundamental strength.
In the past three days, TRX has only recorded a gain of around 5%, partly driven by global sentiment such as news of a ceasefire.
However, analysts note that TRX’s current technical structure is similar to a major breakout pattern in Q4 2024.
At that time, an ascending channel pattern with narrowing Bollinger Bands managed to trigger a significant price surge.
If the technical scenario repeats itself, a breakout above $0.29 could pave the way to the ATH level of $0.44.
TRON Is Getting Ready to Become the Backbone of Global Stablecoin
TRON's success in dominating the stablecoin market is not just about numbers. It reflects a shift in crypto user behavior that increasingly prioritizes efficiency and speed.
With the dominance of institutional volume and retail transaction frequency, TRON is now the new foundation for stablecoin liquidity flows in the crypto world.
Ethereum may still be ahead in the complex DeFi segment, but for the stablecoin sector, TRON has already taken the top spot.
TRON Beats Ethereum! USDT Stablecoins Are Now Moving Networks in Crowd
The TRON network has officially overtaken Ethereum in terms of stablecoin usage. The latest on-chain data shows that the total value of stablecoins circulating on TRON has exceeded $80 billion, surpassing Ethereum which previously led the sector.
This significant increase was driven by a surge in USDT transfers from institutions and retail traders in recent months.
In addition to setting a new record in volume, TRON's dominance is also evident from the sharp increase in daily transactions.
The USDT transfer volume on this network has reached $610 billion, making TRON the primary choice for small to large-scale stablecoin transfers.
According to a CryptoQuant report cited by Coinpedia, the growth in stablecoin volume on TRON was driven by two main forces, institutional and retail users.
Large-value transfers above $1 million now stand at $215 billion, while medium-value transfers ($100K–$1 million) account for $195 billion.
On the other hand, retail activity dominates in terms of transaction volume. Over 23 million stablecoin transactions were recorded in the $100 to $1,000 range, indicating that TRON is also a favorite among individual users.
This combination makes TRON the only network that currently manages to strike a balance between high volume and high transaction activity.
#TRONNetwork's
#Ethereum
The TRON network has officially overtaken Ethereum in terms of stablecoin usage. The latest on-chain data shows that the total value of stablecoins circulating on TRON has exceeded $80 billion, surpassing Ethereum which previously led the sector.
This significant increase was driven by a surge in USDT transfers from institutions and retail traders in recent months.
In addition to setting a new record in volume, TRON's dominance is also evident from the sharp increase in daily transactions.
The USDT transfer volume on this network has reached $610 billion, making TRON the primary choice for small to large-scale stablecoin transfers.
According to a CryptoQuant report cited by Coinpedia, the growth in stablecoin volume on TRON was driven by two main forces, institutional and retail users.
Large-value transfers above $1 million now stand at $215 billion, while medium-value transfers ($100K–$1 million) account for $195 billion.
On the other hand, retail activity dominates in terms of transaction volume. Over 23 million stablecoin transactions were recorded in the $100 to $1,000 range, indicating that TRON is also a favorite among individual users.
This combination makes TRON the only network that currently manages to strike a balance between high volume and high transaction activity.
#TRONNetwork's
#Ethereum
Crypto Market Today, June 26, 2025: Bitcoin Potential to Break $111,000
The crypto market today, Thursday (6/26) is enlivened by Bitcoin's potential to break $111,000 due to the increasing struggle for liquidity in the
The crypto market today, Thursday (6/26) is enlivened by Bitcoin's potential to break $111,000 due to the increasing struggle for liquidity in the
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