Ripple may only need to pay $50 million, as the SEC considers returning $75 million of the imposed fine. A likely SEC settlement or dropped appeal by April 16 could reshape future U.S. crypto regulation standards. Ripple might finally be nearing the end of a courtroom saga that has stretched on since 2020. The U.S. Securities and Exchange Commission is reportedly prepared to return $75 million of the $125 million fine Ripple was ordered to pay last year. If this plays out as expected, Ripple would only need to cough up $50 million to resolve the long-standing case. The final…
Author: cryphedge
As Bitcoin’s (BTC) appeal as a treasury asset grows, Casa co-founder and CSO Jameson Lopp assessed that concentrating the amount of BTC on a few custody service providers might pose a systemic risk. Lopp said:“The ‘Bitcoin Corporate Treasury’ narrative is a footgun if it’s not accompanied by the sovereignty via self custody narrative. Number Go Up folks are pitching companies to funnel their funds into a handful of trusted third parties. Systemic Risk Go Up.”This is not the first time Lopp has raised concerns over custody this week. He previously questioned whether a third party would act as custodian in response…
Onyxcoin (XCN) has risen 97% in the past 24 hours as altcoins enjoy massive buying pressure. The XCN price bucks the trend that saw Bitcoin and Ethereum down after notable gains a day earlier. Tariffs and other market conditions weigh on investor sentiment. Onyxcoin (XCN) has defied a dip for Bitcoin, Ethereum, and top altcoins with an impressive 97% over the past 24 hours. In a price rally that put it on top of the daily gainers’ list, XCN shot up to an intraday high of $0.017. The performance bucks the downward pressure that has seen Bitcoin (BTC) and Ethereum…
Amid ongoing volatility, LINK, the native token of Chainlink, is poised for a notable price decline in the coming days. Based on the current price action, a prominent crypto expert shared a post on X (formerly Twitter) today, April 10, 2025, suggesting that LINK could be heading toward the $7.50 level.Expert Views on LINK Upcoming LevelIn a post on X, the expert emphasized that LINK appears to be retesting its recent breakdown of an ascending trendline that has been in place since June 2023. This prediction will only be valid if the LINK price remains below the trendline; otherwise, it…
The recent decision by Donald Trump to pause tariff increases, along with signs that inflation is slowing down, has stopped the recent selling trend in the market. As a result, more holders are buying Bitcoin again, and many believe it could reach $100,000 this month. However, sellers continue to weaken hopes of a bullish comeback. Amid this, activity on the Bitcoin network has gone up, which supports the potential that the current recovery in Bitcoin might continue.Bitcoin Hashrate at Record HighIn the past 24 hours, Bitcoin has been on a strong upward run, climbing close to $83,500. According to Coinglass,…
Welcome back to the Now Newsletter. I’m Matt Medved. As spring settles in here in NYC, I know it’s been quiet on our end for a minute. We’ve been embracing a season of renewal ourselves with an intentional reset, refining and realigning with the bigger vision for Now Media going forward. This pause wasn’t about stepping back, but about stepping into what’s next with greater clarity and purpose. In a space where change is the only constant, we’ve been asking ourselves: how do we continue to evolve the brand to meet the moment at hand? I won’t bore you with all…
The United States Senate confirmed Paul Atkins as Chair of the Securities and Exchange Commission (SEC) in a 52-44 vote on April 9.The decision, supported entirely by Senate Republicans, initiates a departure from the enforcement-led regulatory approach under former Chair Gary Gensler.Atkins, a former SEC Commissioner and longtime Wall Street consultant, is positioned to recalibrate the agency’s relationship with digital assets.Background and confirmationAtkins’ nomination advanced through the Senate Banking Committee in early April. Once sworn in, he will serve the remainder of the current term through June 2026, succeeding Acting Chair Mark Uyeda, who has overseen the Commission since Gensler’s…
Berachain surged 12% to $4.71 but fell to $3.85 as bears dominated. The Relative Strength Index (RSI), the ADX, and the MACD signal bearish momentum. Berachain Network revenue is up 180% over the past month despite the price dropping by 33% over the same period. Berachain price jumped by over 12% earlier today, hitting an intraday high of $4.71, but it has since pulled back to around $3.85 at press time on April 10, 2025. This brief rally offered a glimmer of hope for investors after a brutal 52.9% decline over the past two weeks. The token has now fallen…
With a sudden surge of recovery in the crypto market after the announcement of a 90-day pause in the tariff wars, altcoins are gaining momentum. The total crypto market cap, excluding Bitcoin, surged by nearly 8%, with Cardano making a 13% jump. Currently, Cardano sustains above $0.60, with a market price of $0.6195. As it struggles to overcome the local resistance level, the sudden bullish turnaround hints at a potential breakout rally. Will this result in a price surge to the $0.80 mark? Let’s find out. Cardano Price Analysis In the daily chart, the ADA price trend showcases a bullish…
Sui has gained by 10% in the past 24 hours, with its jump to $2.13 coming after the White House introduced a 90-day pause on higher tariff rates for almost all nations bar China.This respite means that SUI has reversed some of the hefty losses it incurred over previous days, although the altcoin is still down by 7% in a week and by 23% in the past fortnight.Yet with the coin also holding on to an annual return of 37%, and with its 24-hour trading volume spiking to $1.9 billion today, it looks ready to post further recovery gains in…
