Big news coming out of the SEC vs. Ripple case—it's officially over! Last week, the SEC dropped its appeal, and now a final resolution has been reached. Ripple will pay a $50 million fine and it has also agreed to drop its cross-appeal, and the judge's earlier injunction will be lifted.
The cryptocurrency market managed to extend its gains on Wednesday, with Bitcoin (BTC) holding above $87,000. Solana (SOL) and XRP also showed some recovery. Reports that the White House is considering a more moderate stance on tariffs have eased concerns over potential economic disruptions, providing support to the market's upward momentum.
Could this cause a dip in price?
The long-running legal battle between the SEC and Ripple has reached its final stages. Last week, the SEC agreed to drop its appeal without conditions, and Ripple has now decided to drop its cross-appeal.
Bitcoin price started a steady increase above the $86,500 zone. BTC is now correcting gains and might find bids near the $87,000.
The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) is officially over. Last week, the SEC decided to drop its appeal, clearing the way for a final resolution that both sides have now agreed on.
Bitcoin's hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol's historical peak.
Mt Gox, the failed Tokyo-based crypto exchange, is back in the news after on-chain data confirmed that it has moved 11,501.4 Bitcoins worth over $1 billion to its two crypto wallets. Arkham Intelligence shared this latest information, which revealed that the once-popular crypto exchange moved over 11,000 Bitcoins on March 25th.
XRP is up more than 8% over the past seven days, but it hasn't been able to maintain the strong momentum sparked by the SEC dropping its lawsuit against Ripple.
GameStop (GME), known for its position in the gaming industry, has recently made headlines by adopting a bitcoin treasury strategy. This move aligns the company with a growing number of publicly traded firms choosing to hold bitcoin as part of their financial strategy.
Ripple has agreed to settle its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), dropping its appeal and agreeing to pay $50 million of the originally imposed $125 million fine.
BlackRock's latest Bitcoin fund will tap Coinbase for custody with each ETP security corresponding to a specific amount of the digital asset.
Mt. Gox, the Japanese crypto exchange that went bankrupt in 2014 after a massive hack, has made its third major Bitcoin transaction this month, shifting over $1 billion in Bitcoin.
Auradine has launched the Teraflux AH3880, a hydro-cooled Bitcoin miner designed and manufactured in the United States.
BlackRock's tokenized money market fund, BUIDL, has expanded to the Solana blockchain as its assets under management (AUM) surpass $1.7 billion.
Bitcoin investors are closely watching the upcoming U.S. Personal Consumption Expenditures (PCE) inflation report set for release on March 28.
XRP's pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe.
The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S.
Despite its recent push for recovery Bitcoin is currently dealing with a potentially negative development. Bitcoin is currently trading at $87,124 down 0.44% on the day.
An analyst who accurately called Bitcoin's correction in early 2024 believes BTC remains in a bull market after bouncing from a 2025 low of $76,000. Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin's current bull market cycle has yet to reach a peak.
GameStop said in a Tuesday (March 25) press release that its board voted unanimously to add bitcoin as a treasury reserve asset.
The financial services giant is the latest issuer to take steps toward launching a fund based on the sixth largest cryptocurrency.
Global investment firm T. Rowe Price's global technology portfolio manager, Dominic Rizzo, spoke at the Exchange conference in Las Vegas on Tuesday.
After hitting a low of nearly $76,000 on March 10, Bitcoin (BTC) has finally broken its daily Relative Strength Index (RSI) downtrend, now trading in the high $80,000s at the time of writing. However, crypto analyst Ali Martinez warns that strong resistance may lie ahead.
Crypto analyst Dark Defender has issued a bold outlook for XRP, stating on X that the asset is on a clear path toward multiple upside targets. His remarks come at a time when the asset bulls are trying to hold a support level at $2.
Memecoin launchpad PumpFun has once again transferred a large amount of Solana (SOL) to Kraken. According to data from Onchain Lens, a total of 54,113 SOL worth approximately $7.81 million were moved to the trading platform.
Data from coinatmradar.com reveals a net decline of 971 bitcoin automated teller machines (ATMs) globally in March, punctuated by a fleeting resurgence of 188 installations in the month's final week.
Pump.fun once again deposited SOL to Kraken, after growing its revenues from meme launches and proceeds from the PumpSwap DEX.
GameStop announced today that it will invest in Bitcoin as a treasury reserve asset. This statement came shortly after GameStop's Q4 2024 earnings report, which showed declining sales volume.
Ripple settles with the SEC, agreeing to pay a $50 million penalty and dropping its cross-appeal, marking the near conclusion of a long-standing lawsuit that began in 2020. The SEC will retain $50 million of the original $125 million fine, with the remaining $75 million returned to Ripple. The post Ripple Settles With SEC: Pays $50M, Case Nears Conclusion appeared first on Cryptonews.
While PumpSwap achieved record $426M volume, Raydium maintained dominance with 46.1% market share in Solana's competitive DEX landscape.
Gamestop has unveiled a bitcoin reserve strategy, aligning with soaring institutional BTC adoption while sitting on a $4.8 billion cash stockpile, fueling its most disruptive pivot yet. $4.8B on Deck: Gamestop to Load Treasury With Bitcoin—Is the Game Just Beginning? Gamestop Corp.
BlackRock, the world's largest asset manager, launched its first European Bitcoin (BTC) exchange-traded product (ETP) on Tuesday. According to a Bloomberg report, the iShares Bitcoin ETP (iB1T) began trading on Euronext Paris, Euronext Amsterdam, and Germany's Xetra exchange, offering institutional and retail investors regulated exposure to Bitcoin's price performance.
GameStop is preparing to add Bitcoin to its balance sheet as a treasury reserve asset. The video game retailer, which became a viral sensation among retail traders in 2021, just announced that its board has unanimously approved the move.
Was the legal victory only a brief reprieve?
Ripple drops cross-appeal, ending its battle with the SEC. Legal clarity may boost XRP price, ETF approval odds, and Ripple's U.S. expansion.
BlackRock expands its $1.7B tokenized money market fund, BUIDL, to Solana, leveraging the blockchain's speed and low fees to enhance on-chain access to U.S. dollar yields and tokenized treasuries. The post BlackRock Expands BUIDL Fund to Include Solana (SOL) appeared first on Cryptonews.
Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs in the next nine months. In a March 25 X post, Peterson highlighted BTC's current position near the lower bound of its historical range.
GameStop (GME) reported fourth quarter sales of $1.28 billion, down about 28% from the year prior. The stock rose in after-hours trading, however, after the company announced it will add bitcoin as a "treasury reserve asset.
Last week, pump.fun completed Solana's most consequential DEX launch in some time when it unveiled PumpSwap, an automated market maker for pump.fun token migrations.
GameStop has updated its corporate investment policy to include Bitcoin (BTC) as a treasury reserve asset, the company announced on March 25. The decision was unanimously approved by the firm's board of directors.
Is Strategy quietly reshaping how public companies interact with capital markets — and could its $21 billion plan set a precedent for Bitcoin-aligned balance sheet plays? Small fish, big splash Strategy's (previously MicroStrategy) role in U.S.
GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets. According to a March 25 CNBC report, the company announced that it would use a portion of its corporate cash or future debt issuances to invest in Bitcoin (BTC) and US-dollar-pegged stablecoins.
GameStop just pulled a MicroStrategy, as the company whose meme stock is every retail investor's favorite, said Tuesday it will start buying Bitcoin with corporate cash. GameStop's board signed off on the plan unanimously, according to CNBC.
Bitcoin has a short-term bullish outlook, but the resistance around $90k could be too great to be broken in the coming days.
GameStop has officially adopted Bitcoin as a treasury reserve asset following strong Q4 earnings and board approval. The post GameStop adds Bitcoin to treasury following earnings beat appeared first on Crypto Briefing.
Bitcoin Magazine GameStop Approves Adding Bitcoin to Treasury Reserves GameStop has updated its investment policy to include Bitcoin as a treasury reserve asset, but has yet to disclose the amount of Bitcoin it plans to acquire. This post GameStop Approves Adding Bitcoin to Treasury Reserves first appeared on Bitcoin Magazine and is written by Nik.
GameStop has officially revealed it will accept Bitcoin as one of the assets of its treasury reserves. This came after the company's board of directors gave it the green light as disclosed along GameStop's fourth-quarter earnings.