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Brownyg

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1

The Ripple vs. SEC lawsuit remains one of the most high-profile legal battles in the crypto industry. In a recent development, Ripple has requested an April 16, 2025, deadline to respond to the SEC’s appeal, potentially prolonging uncertainty for XRP holders.

Ripple Stands Firm as SEC Pushes Appeal

Despite Gary Gensler’s departure, the SEC remains persistent, pushing forward with its appeal. However, Ripple’s legal team remains confident, arguing that the SEC’s case lacks new evidence and is merely a repetition of past arguments. Legal expert Jeremy Hogan also criticized the SEC’s app
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Veteran trader Peter Brandt, known for his polarizing views on XRP, has made a surprising U-turn. After years of openly criticizing the cryptocurrency and its community, Brandt now praises XRP’s market strength and potential.

Past Criticism of XRP

Brandt’s relationship with XRP has been tumultuous. In December 2020, he infamously tweeted, “If you own XRP, then 10X shame on you for being such an idiot.” He labeled the cryptocurrency as unviable and predicted its eventual downfall, even suggesting in May 2024 that “XRP should be considered a security” and claiming its price would plummet
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After months of consolidation, XRP has signaled a bullish breakout, paving the way for significant upside potential. At press time, the cryptocurrency is trading at $2.40, marking a substantial recovery from its previous range of $0.50 to $0.60. Year-to-date, XRP has surged 326%, with technical indicators now pointing toward continued upward momentum.
Technical Indicators Signal Bullish Momentum
Crypto analyst DarkDefender highlighted that XRP has broken above a descending trendline on the four-hour chart, a move signaling a potential reversal of its previous downtrend. For the bullish scen
1
Bitcoin recently experienced a 4.5% pullback from its all-time high (ATH) above $100,000, achieved on Thursday. Long-term holders (LTHs)—those retaining Bitcoin for over 155 days—are once again at the center of attention. Their behavior, including accumulation and distribution, significantly impacts market trends.
Historical Patterns and Market Insights
CryptoQuant analyst Datascope highlights the role of the LTH accumulation/distribution ratio, an on-chain metric indicating market sentiment. When LTHs accumulate Bitcoin, it typically signals market bottoms, while increased distribution dur
1
While many altcoins ride Bitcoin’s wave, Cardano (ADA) is making a name for itself with remarkable independent growth. Nearing an 8-month high, ADA's performance hints at significant potential for further gains.
Whale Activity Hits New Heights
A key factor behind Cardano’s rise is the resurgence of whale activity. Over 8,900 whale transactions have been recorded in the past two weeks—a level unseen in months. Such activity often signals growing confidence among large investors. In addition, Cardano’s trading volume surged to $52.26 billion this week, reflecting increased interest from inves
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In an X post on October 9, 2024, prominent economist Peter Schiff proposed that MicroStrategy, the largest public holder of Bitcoin, should acquire the 69,370 BTC from the government. Schiff suggested that MicroStrategy CEO Michael Saylor borrow an additional $4.3 billion to make the purchase, highlighting the potential impact such a move could have on the market. Schiff, known for his skepticism of Bitcoin, regularly criticizes MicroStrategy's Bitcoin-heavy investment strategy, questioning the company's stock performance relative to Bitcoin’s price fluctuations.