Latest Updates on the Ripple Vs SEC case - It's ending!!!
The Ripple vs. SEC case is nearing its end. Both parties have dropped their appeals, and the SEC will keep $50 million of the original $125 million fine, with the remaining amount to be returned to Ripple. The case is expected to officially close within 60 days, once the SEC Commission's vote and standard court procedures are completed. Here's a breakdown of the expected timeline¹: - SEC Commission's Vote: Expected within 30 days - SEC Files to Lift Injunction: After the vote, the SEC will file to lift the injunction, which Ripple won't oppose - Judge's Sign-off: After the SEC files, the judge will sign off, and the case will be officially closed, likely within 60 days The outcome may set an important precedent for how regulators handle cryptocurrencies moving forward. Ripple's CEO, Brad Garlinghouse, has expressed optimism about an impending resolution, and the company's legal chief, Stuart Alderoty, has stated that the case is "100%, formally, legally, and spectacularly over" within 60 days. $XRP 🚀🚀🚀🧑🚀 Your likes and follow will make a huge difference. goodnight fam 😴 💤
Can Solana outperform Ethereum? here's everything you need to know
Solana has been consistently outperforming Ethereum in several key areas, making it a strong contender in the blockchain space. Here's why: Transaction Speed: Solana's architecture allows it to process up to 65,000 transactions per second, far surpassing Ethereum's 15 transactions per second. This high throughput is enabled by its unique Proof-of-History consensus mechanism. Low Fees: Solana's average transaction fee is $0.00025, significantly lower than Ethereum's fees. This makes Solana an attractive platform for decentralized applications, particularly in DeFi and NFTs. Active Users and Transactions: Solana has seen significant growth in active users and transactions, with daily active users reaching 3.25 million and daily transactions hitting 35.99 million, outpacing Ethereum. Decentralized Exchange (DEX) Volume: Solana's DEX volume has been increasing, with Raydium handling $52 billion in volume, while Ethereum's Uniswap led with $17.46 billion in trading volume. However, Ethereum still leads in: Revenue: Ethereum generated $1.64 billion in revenue, compared to Solana's $200 million. Total Value Locked (TVL): Ethereum's TVL is $52 billion, while Solana's is $7.83 billion. Given Solana's strong performance and upcoming upgrades like Firedancer, which promises to boost transaction speeds to over 1 million transactions per second, it's possible for Solana to continue outperforming Ethereum in specific areas. Nevertheless, Ethereum's established ecosystem and first-mover advantage will make it challenging for Solana to completely flip Ethereum. But don't forget ANYTHING is possible in the cryptocurrency world 🌍 #Write2Earn #AltcoinBreakout
The US House of Representatives has passed the GENIUS Act, creating the first federal rules for stablecoins and unlocking programmable money for banks, fintechs, and Fortune 500 companies. The US House has also passed the CLARITY Act to define crypto regulation in a landmark vote. The US lawmakers remain divided on key bills, including the Trump family's crypto ties and consumer protections. Bitcoin is trading just under $120,000 after reaching a new all-time high of $123,200. $BTC
Ethereum price has surged, with inflows hitting a record $726 million in its ETFs, driven largely by demand on BlackRock and Fidelity. $ETH
XRP has reached a new all-time high, driven by new investors, with a 12% increase to crack above the previous high of $3.40. $XRP
Thailand's $200M DV8 plans to pioneer Bitcoin treasury in Southeast Asia with a $7.4M boost. BlackRock has filed to add staking to its Ethereum ETF. Corporate Bitcoin holdings are shifting from hedge to core strategy, according to Nansen. A new malware is hijacking computers to secretly mine Monero (XMR). 2025 is on track to become the worst year for cryptocurrency theft, according to Chainalysis Now you are up to date with the latest! STAY INFORMED, MAKE SMART CHOICES Don"t forget to leave a like if you found my post helpful and follow to get the latest news all day every day.
Some of the biggest lenders in the U.S. reported strong quarterly earnings on Tuesday, a reminder that while President Trump’s trade policies have roiled many industries, in the world of high finance, uncertainty is often a chance to make money.
The US government currently owns 28,988 Bitcoins, sparking debate about whether they've sold 85% of their holdings. GENIUS Act and Anti-CBDC Act: The US Congress has passed a procedural vote on landmark crypto currency legislation, including the GENIUS Act and Anti-CBDC Act, which could clarify digital asset regulations. Despite Europe's growing interest in stable coins, USD dominance remains strong, with Tether reaching a $160 billion USDT milestone.
$BTC price has jumped amid speculation about Trump's plans and market sentiment, with some analysts predicting a rise. $ETH price has surpassed $3,400, fueled by stronger risk appetite and potential for growth. $XRP price could benefit from the GENIUS Act and is likely to see a leveraged ETF launch, offering traders amplified exposure.
Ripple has inked a major partnership to tokenize Dubai real estate, expanding its use cases. Cantor Fitzgerald is partnering with Adam Back on a $4 billion deal to buy Bitcoin. Pakistan and El Salvador have struck a landmark Bitcoin-focused bilateral agreement.
Coinbase Wallet has been rebranded as an all-in-one social and trading platform, integrating social posts, mini-apps, and trading features. Talos has acquired crypto data firm Coin Metrics in a deal worth over $100 million.
Now you are up to date with the latest today! STAY INFORMED, MAKE SMART CHOICES. Don't forget to leave me a like if you loved the contents of my post as it will make a huge difference. Thanks 😊 #BinanceSquareFamily #PowellVsTrump #USCryptoWeek
The US Securities and Exchange Commission (SEC) has approved the ProShares Ultra XRP ETF, which will provide 2x daily returns on XRP through futures contracts. This ETF is expected to start trading on NYSE Arca on July 18.
The approval of the ProShares XRP futures ETF has already had a positive impact on XRP's price, with a breakout above $2.92 following the announcement. The market is now anticipating potential spot ETF approvals, which could further boost XRP's mainstream