Price analysis 6/19: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
Bitcoin is struggling to bounce off $64,500, increasing the possibility of a deeper correction to $60,000. Go to Source
Ripple
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XRP price could break out as open interest increases
Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple. Go to Source
Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview
In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It’s just issued by the government,” the executive described. Ripple CEO on Working With Governments Worldwide A video clip surfaced … Read more
Ripple CEO: Pro-Crypto Stance Will Win Votes in Upcoming Elections
Ripple CEO Brad Garlinghouse expressed his view on the political landscape in the U.S. regarding cryptocurrency regulation on social media platform X on Monday. “You’ll hear this a lot more in the next few months in the U.S. — candidates will only gain votes for being pro-crypto, and absolutely lose them for being anti-crypto. There’s … Read more
‘No clear catalyst’ as altcoin bloodbath sees top coins dip double digits
Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflow. Go to Source
Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain. Go to Source
Price analysis 6/17: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin is facing intense selling pressure, but charts suggest strong support at $64,500 and again at $60,000. Go to Source
SEC shoots down Ripple’s argument for a lower penalty
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs. Go to Source
Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized that, unlike the Terraform Labs case, there are no victims to compensate in Ripple’s case. … Read more
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the SEC countered that such a low penalty “would not satisfy the purposes of … Read more