Here are the top three news stories over the past day presented to you by U.Today.
Pro-XRP lawyer ends speculation on Ripple v. SEC final verdict delay
The XRP community has recently been surprised with a rumor concerning the Ripple v. SEC case, according to which the final decisioncould be delayed until late 2026. The speculation caught the attention of pro-XRP attorney Bill Morgan; in hisX post, Morgan dismissed the rumor, stating that such an outcome is unlikely unless Judge Torres rejects the current joint request. According to the attorney, the most probable scenario is that both parties accept the summary judgment, penalty and permanent injunction. There is a small chance of the settlement breaking down, which may lead to two appeals, but that is not likely. This follows Ripple and the SEC's recent request for an indicative ruling, after Judge Torres initially denied the motion in May. Currently, the court is awaiting an SEC filing that is due by mid-August.
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Bitcoin price: Binance's CZ says everything is dip before ATH
In a recentX post, former Binance CEO Changpeng Zhao (also known as CZ) has reacted to recent movements on the crypto market,claiming that any price decline before a new all-time high should be seen as a dip. "Remember, by definition, everything before the next ATH is a dip," reads his post. Then, the obvious question, according to CZ, is whether there will be another all-time high. He emphasized that only a small number of strong coins with "long-term staying power and growth potential" are likely to reach new highs. According to CoinMarketCap, Bitcoin, the world's largest cryptocurrency, is currently changing hands at $105,635, up 3.53% over the past 24 hours.Previously, CZ predicted Bitcoin could reach $1 million during the current bullish cycle, though he did not specify the exact time frame. His optimistic outlook is based on increasing institutional interest, mainstream adoption and positive regulatory developments.
Peter Brandt issues epic XRP price prediction as classic top pattern appears
According to legendary chartist Peter Brandt, if we look at the XRP's weekly chart, we could see a possible head and shoulders (H&S) top forming. He suggests that if traders dismiss the April 7 price spike as an anomaly, it could be a classic topping formation. The current price zone near $1.99 is sitting right on neckline support, and Brandt says he will reevaluate the structure only if XRP closes below the $1.87 handle. The chart indicates XRP has recently entered a narrow consolidation range, with support just below $2.00, right at the neckline of the potential head and shoulders pattern. If this pattern is confirmed, it could mean that the late-2024 rally has already peaked. However, if XRP closes below $1.87 this week, it could trigger a big technical breakdown, which might result in further declines. At press time, XRP is trading at $2.18, up 8.50% over the past 24 hours, per CoinMarketCap data.
