🚨 Breaking Crypto News: Key Headlines Shaping the Market!

Author

CoinGape Media
March 29, 2025

News

Recent developments in the XRP lawsuit, coupled with the SEC’s increasingly favorable stance, have sparked speculation about an imminent settlement in the Ripple case. Although experts are divided on the likelihood of a swift dismissal, a prevailing view is that the case is unlikely to drag on beyond two months. Recently, an XRP proponent claimed that the SEC would not produce an official announcement on the XRP lawsuit until August 7. However, attorney Marc Fagel quickly debunked the assertion, labelling it as incorrect.

The Thai Securities and Exchange Commission (SEC) has recently filed a lawsuit against OKX, one of the biggest crypto exchanges. The OKX lawsuit alleges that the platform has been functioning without proper registration since 2021. According to the Thailand SEC, OKX has violated the Emergency Decree on Digital Asset Businesses (2018) by offering crypto trading services without proper licensing. Significantly, the OKX lawsuit highlights global crypto exchanges’ vulnerability to regulatory challenges and heightened scrutiny. Let’s delve into OKX’s regulatory struggles under the Thailand SEC and its potential implications.

Markets

⚠️ Ethereum Price Analysis: ETH losses overtakes BTC and XRP as crypto liquidations hit $450 million

Ethereum price tumbled below the $1,890 mark on Friday, emerging as the second-largest loser among the top 10 ranked assets behind XRP.​

Bitcoin price plunged below $85,000 on Friday, hitting $84,200 at its lowest point as market-wide selling pressure triggered massive liquidations.